F.N.B Management

Management criteria checks 3/4

F.N.B's CEO is Vince Delie, appointed in Jan 2011, has a tenure of 13.83 years. total yearly compensation is $7.36M, comprised of 16.1% salary and 83.9% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth €29.63M. The average tenure of the management team and the board of directors is 8.2 years and 11.8 years respectively.

Key information

Vince Delie

Chief executive officer

US$7.4m

Total compensation

CEO salary percentage	16.1%
CEO tenure	13.8yrs
CEO ownership	0.5%
Management average tenure	8.2yrs
Board average tenure	11.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vince Delie's remuneration changed compared to F.N.B's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$398m
Jun 30 2024	n/a	n/a	US$431m
Mar 31 2024	n/a	n/a	US$448m
Dec 31 2023	US$7m	US$1m	US$477m
Sep 30 2023	n/a	n/a	US$565m
Jun 30 2023	n/a	n/a	US$558m
Mar 31 2023	n/a	n/a	US$525m
Dec 31 2022	US$7m	US$1m	US$431m
Sep 30 2022	n/a	n/a	US$391m
Jun 30 2022	n/a	n/a	US$364m
Mar 31 2022	n/a	n/a	US$357m
Dec 31 2021	US$7m	US$1m	US$397m
Sep 30 2021	n/a	n/a	US$370m
Jun 30 2021	n/a	n/a	US$342m
Mar 31 2021	n/a	n/a	US$324m
Dec 31 2020	US$6m	US$1m	US$278m
Sep 30 2020	n/a	n/a	US$301m
Jun 30 2020	n/a	n/a	US$321m
Mar 31 2020	n/a	n/a	US$332m
Dec 31 2019	US$6m	US$1m	US$379m
Sep 30 2019	n/a	n/a	US$384m
Jun 30 2019	n/a	n/a	US$382m
Mar 31 2019	n/a	n/a	US$372m
Dec 31 2018	US$6m	US$1m	US$365m
Sep 30 2018	n/a	n/a	US$289m
Jun 30 2018	n/a	n/a	US$266m
Mar 31 2018	n/a	n/a	US$255m
Dec 31 2017	US$5m	US$1m	US$191m

Compensation vs Market: Vince's total compensation ($USD7.36M) is above average for companies of similar size in the German market ($USD3.51M).

Compensation vs Earnings: Vince's compensation has been consistent with company performance over the past year.

CEO

Vince Delie (59 yo)

13.8yrs

Tenure

US$7,356,609

Compensation

Mr. Vincent J. Delie, Jr. also known as Vince, is Chairman, President and Chief Executive Officer of F.N.B. Corporation and First National Bank. After joining FNB in 2005, he assumed a variety of companywi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vincent Delie	Chairman	13.8yrs	US$7.36m	0.51% € 29.6m
Vincent Calabrese	Chief Financial Officer	15.4yrs	US$2.49m	0.22% € 12.8m
Gary Guerrieri	Chief Credit Officer	13.6yrs	US$1.84m	0.088% € 5.1m
Barry Robinson	Chief Consumer Banking Officer	9.3yrs	US$1.43m	0.081% € 4.7m
David Mitchell	Chief Wholesale Banking Officer	2.8yrs	US$1.45m	0.031% € 1.8m
James Dutey	Principal Accounting Officer	7.7yrs	no data	0.024% € 1.4m
James Orie	Chief Legal Officer & Corporate Secretary	20.8yrs	US$277.03k	0.041% € 2.4m
Jennifer Reel	Chief Communications Officer	no data	no data	no data
Thomas Whitesel	Chief Risk Officer	8.2yrs	no data	no data
Jeffrey Culp	Senior Vice President of Commercial Banking	5.7yrs	no data	no data
Brad Jones	EVP of Commercial Banking of Carolinas & Charlotte Regional President	3.8yrs	no data	no data
David Panneton	Managing Director of Private Banking	4.3yrs	no data	no data

8.2yrs

Average Tenure

61yo

Average Age

Experienced Management: FN2's management team is seasoned and experienced (8.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vincent Delie	Chairman	12.8yrs	US$7.36m	0.51% € 29.6m
William Campbell	Independent Lead Director	49.5yrs	US$209.99k	0.038% € 2.2m
William Strimbu	Independent Director	29.5yrs	US$194.99k	0.036% € 2.1m
James Chiafullo	Independent Director	12.1yrs	US$172.49k	0.033% € 1.9m
John Stanik	Independent Director	11.8yrs	US$159.99k	0.021% € 1.2m
David Malone	Independent Director	19.8yrs	US$181.45k	0.038% € 2.2m
Mary Dively	Independent Director	6.8yrs	US$174.99k	0.016% € 948.3k
David Motley	Independent Director	11.3yrs	US$169.99k	0.021% € 1.2m
Heidi Nicholas	Independent Director	9.8yrs	US$192.49k	0.073% € 4.3m
Frank Mencini	Independent Director	8.8yrs	US$202.49k	0.021% € 1.2m
Pamela Bena	Independent Director	6.8yrs	US$172.49k	0.021% € 1.2m

11.8yrs

Average Tenure

65yo

Average Age

Experienced Board: FN2's board of directors are seasoned and experienced ( 11.8 years average tenure).

F.N.B Management

Management criteria checks 3/4

Key information

Recent management updates

F.N.B. Corporation Announces Executive Changes

F.N.B. Corporation, Annual General Meeting, May 08, 2024

Chief Credit Officer recently sold €68k worth of stock

Insufficient new directors

Independent Director recently sold €409k worth of stock

F.N.B. Appoints Brian Wozniak as its New Executive Vice President and Executive Director of Small Business Banking

Recent updates

F.N.B. Corporation Declares Cash Dividend on Common Stock, Payable on December 15, 2024

Investor sentiment improves as stock rises 18%

Third quarter 2024 earnings released: EPS: US$0.30 (vs US$0.40 in 3Q 2023)

F.N.B. Corporation Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2024

F.N.B. Corporation to Report Q3, 2024 Results on Oct 17, 2024

Upcoming dividend of US$0.12 per share

F.N.B. Corporation Announces Executive Changes

Investor sentiment deteriorates as stock falls 15%

Second quarter dividend of US$0.12 announced

F.N.B. Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on September 15, 2024

Second quarter 2024 earnings released: EPS: US$0.34 (vs US$0.39 in 2Q 2023)

F.N.B. Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024

F.N.B. Corporation to Report Q2, 2024 Results on Jul 17, 2024

Upcoming dividend of US$0.12 per share

First quarter 2024 earnings released: EPS: US$0.32 (vs US$0.40 in 1Q 2023)

First quarter dividend of US$0.12 announced

F.N.B. Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on June 15, 2024

First quarter 2024 earnings released: EPS: US$0.32 (vs US$0.40 in 1Q 2023)

F.N.B. Corporation to Report Q1, 2024 Results on Apr 17, 2024

F.N.B. Corporation, Annual General Meeting, May 08, 2024

Full year 2023 earnings released: EPS: US$1.32 (vs US$1.23 in FY 2022)

Upcoming dividend of US$0.12 per share

Fourth quarter dividend of US$0.12 announced

Full year 2023 earnings released: EPS: US$1.32 (vs US$1.23 in FY 2022)

Upcoming dividend of US$0.12 per share at 4.1% yield

New major risk - Revenue and earnings growth

F.N.B. Corporation Declares Common Dividends, Payable on December 15, 2023

Third quarter 2023 earnings released: EPS: US$0.40 (vs US$0.39 in 3Q 2022)

F.N.B. Corporation to Report Q3, 2023 Results on Oct 18, 2023

Upcoming dividend of US$0.12 per share at 4.2% yield

F.N.B. Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

F.N.B. Corporation Declares Common Dividend, Payable on September 15, 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.39 (vs US$0.30 in 2Q 2022)

F.N.B. Corporation to Report Q2, 2023 Results on Jul 19, 2023

F.N.B. Corporation Enhances estore® with New Common Application

Upcoming dividend of US$0.12 per share at 4.3% yield

First quarter 2023 earnings released: EPS: US$0.40 (vs US$0.15 in 1Q 2022)

Full year 2022 earnings released: EPS: US$1.23 (vs US$1.24 in FY 2021)

Upcoming dividend of US$0.12 per share at 3.4% yield

Chief Credit Officer recently sold €68k worth of stock

F.N.B. Corporation Provides Earnings Guidance for the First Quarter and Full Year of 2023

Full year 2022 earnings released: EPS: US$1.23 (vs US$1.24 in FY 2021)

F.N.B. Corporation Declares Quarterly Cash Dividend, Payable on March 15, 2023

F.N.B. Corporation to Report Q4, 2022 Results on Jan 23, 2023

Upcoming dividend of US$0.12 per share

Insufficient new directors

Independent Director recently sold €409k worth of stock

Third quarter 2022 earnings released: EPS: US$0.38 (vs US$0.34 in 3Q 2021)

F.N.B. Corporation Reports Unaudited Net Charge-Offs for the Third Quarter Ended September 30, 2022

F.N.B. Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2022

F.N.B. Corporation to Report Q3, 2022 Results on Oct 18, 2022

F.N.B. Appoints Brian Wozniak as its New Executive Vice President and Executive Director of Small Business Banking

Insider recently sold €650k worth of stock

Second quarter 2022 earnings released: EPS: US$0.30 (vs US$0.31 in 2Q 2021)

F.N.B. Corporation Provides Earnings Guidance for the Year 2022

F.N.B. Corporation Declares Quarterly Cash Dividend on Its Common Stock, Payable on September 15, 2022

F.N.B. Corporation to Report Q2, 2022 Results on Jul 20, 2022

F.N.B. Corporation (NYSE:FNB) entered into an agreement to acquire UB Bancorp (OTCPK:UBNC) for approximately $120 million.

Upcoming dividend of US$0.12 per share

F.N.B. Corporation Announces Retirement of Robert Hormell from Board of Directors

First quarter 2022 earnings released: EPS: US$0.15 (vs US$0.28 in 1Q 2021)

F.N.B. Corporation Names Jennifer M. Reel as Chief Communications Officer

Insufficient new directors

First quarter 2022 earnings released: EPS: US$0.15 (vs US$0.28 in 1Q 2021)

F.N.B. Corporation (NYSE:FNB) announces an Equity Buyback for $150 million worth of its shares.

F.N.B. Corporation Declares Quarterly Cash Dividend, Payable on June 15, 2022

F.N.B. Corporation to Report Q1, 2022 Results on Apr 18, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat