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Mid Penn Bancorp Executive Compensation (FY25)

MPB · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 12, 2026
171 figures on this page: 164 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Rory Ritrievi was paid $2,209,726 in total compensation as President & Chief Executive Officer for fiscal 2025, and Ritrievi's total was 78.0% higher than the $1,241,097 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 34:1, against median employee compensation of $64,093. The say-on-pay proposal drew 97.1% of votes cast for or against in favor at the meeting held May 12, 2026 for fiscal 2025. Companies named in the disclosed peer group include Arrow Financial Corporation, Chemung Financial Corporation, Citizens & Northern, Citizens Financial Group and CNB Financial Corporation, among others.
Chief executive, fiscal 2025
◇
Rory Ritrievi
Latest say-on-pay support
=
May 12, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Rory Ritrievi: $1,241,097 → $2,209,726 (78.0% higher)
Say-on-pay support: 95.8% → 97.1% (1.3 points higher)
CEO pay ratio: 20:1 → 34:1 (70.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Mid Penn Bancorp's chief executive and what were they paid?
Rory Ritrievi was paid $2,209,726 in total compensation as President & Chief Executive Officer for fiscal 2025. Ritrievi's total was 78.0% higher than the $1,241,097 reported for fiscal 2024.
What was Mid Penn Bancorp's say-on-pay result?
The say-on-pay proposal drew 97.1% of votes cast for or against in favor at the meeting held May 12, 2026 for fiscal 2025.
Which companies are in Mid Penn Bancorp's peer group?
Companies named in the disclosed peer group include Arrow Financial Corporation, Chemung Financial Corporation, Citizens & Northern, Citizens Financial Group and CNB Financial Corporation, among others.
What is Mid Penn Bancorp's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 34:1, against median employee compensation of $64,093.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rory Ritrievi
President & Chief Executive Officer
◇◇◇—◇◇◇◇
Justin Webb
Senior Executive VP & Chief Financial Officer of the Corporation and Bank
◇◇◇—◇◇◇◇
Scott Micklewright
Senior Executive VP & Chief Revenue Officer of the Bank and President of Commercial and Consumer Banking
◇◇◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rory Ritrievi
Board Chair, President, Chief Executive Officer
◇◇◇——◇◇◇
Justin Webb
Senior Executive Vice President, Chief Financial Officer
◇◇◇——◇◇◇
Scott Micklewright
Senior Executive VP & Chief Revenue Officer, President of Commercial and Consumer Banking
◇◇◇——◇◇◇
Joseph Paese
First Executive VP & Director of Trust and Wealth Management
◇—◇——◇◇◇
Jordan Space
Senior Executive VP & Chief Operating Officer, President of the Private Bank
◇◇◇——◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rory Ritrievi
President & Chief Executive Officer
◇◇◇—◇◇◇◇
Justin Webb
Senior Executive Vice President & Chief Financial Officer
◇◇◇—◇◇◇— not reconciled
Scott Micklewright
Senior Executive VP & Chief Revenue Officer and President of Commercial and Consumer Banking
◇◇◇—◇◇◇◇
Heather Hall
Senior Executive VP & Market President and Chief Lending Officer
◇◇◇—◇◇◇◇
Joan Dickinson
Senior Executive VP & Chief Retail Officer
◇◇◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Heather HallOTHER——————◇
Joan DickinsonOTHER——————◇
Justin WebbOTHER——————◇
Rory RitrieviOTHER——————◇
Scott MicklewrightOTHER——————◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Rory RitrieviRSU◇◇——
Heather HallRSU◇◇——
Justin WebbRSU◇◇——
Scott MicklewrightRSU◇◇——
Joan DickinsonRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Theodore W. Mowery
◇◇———◇◇
John E. Noone
Lead independent director
◇◇————◇
Joel L. Frank
◇◇————◇
William A. Specht, III
◇◇————◇
Albert J. Evans
◇◇————◇
Kimberly J. Brumbaugh
◇◇————◇
Robert A. Abel
◇◇————◇
Matthew G. DeSoto
◇◇————◇
Maureen M. Gathagan
◇◇————◇
Brian A. Hudson, Sr
◇◇————◇
Bruce A. Kiefer
◇◇————◇
Rory G. Ritrievi, Kenneth J. Stephon and Thomas R. Brugger served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Arrow Financial Corporation AROW
  • Chemung Financial Corporation CHMG
  • Citizens & Northern CZNC
  • Citizens Financial Group CFG
  • CNB Financial Corporation CCNE
  • ConnectOne Bancorp, Inc. CNOB
  • First Bank symbol not shown
  • First Commonwealth Financial Corporation FCF
  • Flushing Financial Corporation FFIC
  • LINKBANCORP, Inc. LNKB
  • Orrstown Financial Services, Inc. ORRF
  • Peapack-Gladstone Financial Corporation PGC
  • Peoples Financial Corporation PFIS
  • S&T Bancorp, Inc. STBA
  • Shore Bancshares, Inc. SHBI
  • The First of Long Island Corporation FLIC
  • Tompkins Financial Corporation TMP
  • Unity Bancorp, Inc. UNTY
  • Univest Financial Corporation UVSP

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 12, 2026=◇◇◇
2024May 13, 2025=◇◇◇
2023May 14, 2024=◇◇◇
2022May 9, 2023=◇◇◇
2021May 10, 2022=◇◇◇
2019August 26, 2020=◇◇◇
2018May 14, 2019=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Mid Penn Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Mid Penn Bancorp sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
171 figures on this page: 164 cited to the filing that reported them, 7 calculated from figures it prints.
164 cited to the filing
7 calculated from the filing

Documents cited

  1. 0000879635-26-000039
    ITEM 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-128769
    CEO Pay Ratio · Director Compensation · Director Compensation Table · Grants of Plan-Based Awards · and 2 more sections
  3. 0000879635-25-000115
    ITEM 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-067010
    Summary Compensation Table – 2024
  5. 0000879635-24-000119
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-080391
    Summary Compensation Table – 2023
  7. 0000879635-23-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001564590-22-019329
  9. 0001564590-20-041457
  10. 0001171843-19-003357
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Velarion, “Mid Penn Bancorp executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/MPB (accessed 2026).
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers Mid Penn Bancorp discloses

The companies named in MPB's own disclosed peer group.

Arrow Financial CorporationChemung Financial CorporationCitizens & NorthernCitizens Financial GroupCNB Financial CorporationConnectOne Bancorp, Inc.First Commonwealth Financial CorporationFlushing Financial CorporationLINKBANCORP, Inc.Orrstown Financial Services, Inc.Peapack-Gladstone Financial CorporationPeoples Financial CorporationS&T Bancorp, Inc.Shore Bancshares, Inc.Tompkins Financial CorporationUnity Bancorp, Inc.Univest Financial Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy