CNB Financial Management

Management criteria checks 3/4

CNB Financial’s CEO is Mike Peduzzi, appointed in Dec 2022, he has a tenure of less than a year. His total yearly compensation is US$1.1m, comprised of 45.0% salary and 55.0% bonuses, including company stock and options. He directly owns 0.1% of the company’s shares, worth US$357.6k. The average tenure of the management team and the board of directors is 3.3yrs and 11.5yrs respectively.

Key information

Mike Peduzzi

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage45.0%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure3.3yrs
Board average tenure11.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Peduzzi's remuneration changed compared to CNB Financial's earnings?
DateTotal Comp.SalaryCompany Earnings
Mar 31 2023n/an/a

US$60m

Dec 31 2022US$1mUS$500k

US$59m

Compensation vs Market: Mike's total compensation ($USD1.11M) is about average for companies of similar size in the German market ($USD900.57K).

Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.


CEO

Mike Peduzzi (56 yo)

less than a year

Tenure

US$1,110,489

Compensation

Mr. Michael D. Peduzzi, C. P.A., also known as Mike, served as Vice President at CNB Financial Corporation and serves as its Director and serves as its President and Chief Executive Officer since December...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Peduzzi
Presidentless than a yearUS$1.11m0.10%
$ 357.6k
Tito Lima
Senior EVP3.8yrsUS$615.89k0.080%
$ 279.2k
Richard Greslick
Senior Executive VPno dataUS$753.92k0.14%
$ 495.0k
Leanne Kassab
Senior Executive VP7.8yrsUS$550.26k0.058%
$ 202.6k
Martin Griffith
Senior EVP & Chief Banking Officerno dataUS$592.98k0.038%
$ 133.0k
Amy Potter
Vice President of Marketingno datano datano data
Vincent Turiano
Assistant Secretary & Executive VP of Operationsno dataUS$171.08kno data
Steven R. Shilling
Executive VP & Chief Wealth Management Officer5.9yrsno data0.030%
$ 103.5k
Gregory Dixon
Executive VP & Chief Credit Officerno datano data0.055%
$ 189.3k
Angela Wilcoxson
Executive VP & Chief Commercial Banking Officer2.8yrsno data0.017%
$ 58.7k
Heather Koptchak
Senior VP & Chief Employee Resources Officerno datano data0.0091%
$ 31.4k
Darryl Koch
Senior VPno datano datano data

3.3yrs

Average Tenure

54yo

Average Age

Experienced Management: 44I's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Peduzzi
Presidentno dataUS$1.11m0.10%
$ 357.6k
Richard Greslick
Senior Executive VP11.5yrsUS$753.92k0.14%
$ 495.0k
Jeffrey Powell
Independent Director28.4yrsUS$91.54k0.64%
$ 2.2m
Deborah Pontzer
Independent Director19.9yrsUS$82.09k0.19%
$ 645.9k
Nicholas Scott
Independent Director10yrsUS$80.99k0.15%
$ 516.6k
Richard Seager
Independent Director12.4yrsUS$85.99k0.089%
$ 308.1k
Peter Smith
Independent Chairman of the Board33.7yrsUS$158.99k0.48%
$ 1.7m
Joel Peterson
Independent Director11.7yrsUS$79.99k0.11%
$ 381.0k
Peter Varischetti
Independent Director7.8yrsUS$80.99k0.081%
$ 280.3k
Francis Straub
Independent Director8.1yrsUS$79.69k0.16%
$ 566.0k
Julie Young
Independent Director4yrsUS$82.49k0.028%
$ 98.7k
Michael Obi
Independent Director1.7yrsUS$45.50k0.020%
$ 70.3k

11.5yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 44I's board of directors are seasoned and experienced ( 11.5 years average tenure).