Banking
Provident Financial Services Executive Compensation (FY25)
PFS · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Anthony Labozzetta | Latest say-on-pay support = May 21, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 19, 2026Latest filing (8-K): May 22, 2026
15 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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329 figures on this page: 318 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
More on Provident Financial Services
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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 — Anthony Labozzetta: $3,501,092 → $3,521,400 (0.6% higher)
CEO pay ratio: 43:1 → 41:1 (4.7% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Provident Financial Services' chief executive and what were they paid?
Anthony Labozzetta, President & Chief Executive Officer, received $3,521,400 in total compensation for fiscal 2025. Compared with the $3,501,092 reported for fiscal 2024, Labozzetta's total was 0.6% higher.
What was Provident Financial Services' say-on-pay result?
Shareholders recorded 97.0% support for the say-on-pay proposal at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Provident Financial Services' peer group?
The disclosed peer group includes Atlantic Union Bankshares Corporation, BankUnited Inc., Community Financial System, Inc., Customers Bancorp, Inc. and Dime Community Bancshares, Inc., among others.
What is Provident Financial Services' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 41:1, against median employee compensation of $85,110.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Anthony Labozzetta President & Chief Executive Officer (Formerly President and Chief Operating Officer) | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Christopher Martin Executive Chairman (Formerly Chairman, President and Chief Executive Officer) | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Thomas Lyons Senior Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
John Kuntz Senior Executive Vice President, Chief Administrative Officer and General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Valerie Murray Executive Vice President, Chief Wealth Officer and President of Beacon Trust | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Anthony Labozzetta President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Lyons Senior Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
John Kuntz Senior Executive Vice President, Chief Administrative Officer and General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Valerie Murray Executive Vice President, Chief Wealth Officer and President of Beacon Trust | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
George Lista Executive Vice President, President / Provident Protection Plus | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Shara Executive Vice Chairman | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Anthony Labozzetta President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
John Kuntz Former Senior Executive Vice President, Chief Administrative Officer and Senior Advisor Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Lyons Senior Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ravi Vakacherla Executive Vice President, Chief Digital and Innovation Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Valerie Murray Executive Vice President, Chief Wealth Officer and President of Beacon Trust | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Anthony Labozzetta President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Shara Executive Vice Chairman | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Lyons Senior Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ravi Vakacherla Executive Vice President Chief Information and Operations Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
George Lista Executive Vice President, President/Provident Protection Plus | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Anthony J. Labozzetta | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Anthony J. Labozzetta | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| George Lista | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| George Lista | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ravi Vakacherla | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ravi Vakacherla | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas J. Shara | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Thomas J. Shara | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas M. Lyons | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Thomas M. Lyons | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Ravi Vakacherla | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Anthony Labozzetta | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Thomas Lyons | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Thomas Shara | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| George Lista | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Anthony Labozzetta
President & Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
George Lista
Executive Vice President, President/Provident Protection Plus · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Ravi Vakacherla
Executive Vice President Chief Information and Operations Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Thomas Lyons
Senior Executive Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Thomas Shara
Executive Vice Chairman · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
John Pugliese Lead independent director | ◇ | ◇ | — | — | — | ◇ | ◇ |
James P. Dunigan | ◇ | ◇ | — | — | — | ◇ | ◇ |
Edward J. Leppert | ◇ | ◇ | — | — | — | ◇ | ◇ |
Brian A. Gragnolati | ◇ | ◇ | — | — | — | ◇ | ◇ |
Matthew K. Harding | ◇ | ◇ | — | — | — | ◇ | ◇ |
Brian M. Flynn | ◇ | ◇ | — | — | — | ◇ | ◇ |
James E. Hanson II | ◇ | ◇ | — | — | — | ◇ | ◇ |
Ursuline F. Foley | ◇ | ◇ | — | — | — | ◇ | ◇ |
Robert E. McCracken | ◇ | ◇ | — | — | — | ◇ | ◇ |
Nadine Leslie | ◇ | ◇ | — | — | — | ◇ | ◇ |
Frank L. Fekete | ◇ | — | — | — | — | ◇ | ◇ |
Anthony J. Labozzetta, Christopher Martin and Thomas J. Shara 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 | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as Shares.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Atlantic Union Bankshares Corporation AUB
- BankUnited Inc. BKU
- Community Financial System, Inc. CBU
- Customers Bancorp, Inc. CUBI
- Dime Community Bancshares, Inc. DCOM
- Eastern Bankshares, Inc. EBC
- Fulton Financial Corp. FULT
- Hancock Whitney Corporation HWC
- Independent Bank Corp. IBCP
- NBT Bancorp Inc. NBTB
- OceanFirst Financial Corp. OCFC
- Sandy Spring Bancorp, Inc. SASR
- Simmons First National Corporation SFNC
- Trustmark Corporation TRMK
- United Bankshares, Inc. UBSI
- United Community Banks, Inc. UCB
- Valley National Bancorp VLY
- WSFS Financial Corporation WSFS
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 21, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 24, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 25, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 27, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 28, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 29, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 23, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 25, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 26, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 27, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | April 28, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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- Anthony Labozzetta (President & Chief Executive Officer), FY2025 total compensation $3,521,400 (base salary $998,077) [exec_comp, SEC accession 0001308179-26-000226, filed 2026-04-08]What this page does not include
Everything above is a fact Provident Financial Services disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Provident Financial Services 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable 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 IntelligenceAdviser 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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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
329 figures on this page: 318 cited to the filing that reported them, 11 calculated from figures it prints.
318 cited to the filing
11 calculated from the filing
Documents cited
- 0001628280-26-037560
- 0001308179-26-000226Compensation Discussion and Analysis · Director Compensation · Grants of Plan-Based Awards Table · Grants of Plan-Based Awards Table for the Year Ended December 31, 2025 · and 3 more sections
- 0001628280-25-020597
- 0001308179-25-000087Summary Compensation Table
- 0001628280-24-019189
- 0001308179-24-000165Summary Compensation Table
- 0001628280-23-014516
- 0001308179-23-000226Summary Compensation Table
- 0001628280-22-011670
- 0001628280-21-008367
- 0001628280-20-005428
- 0001628280-19-004796
- 0001628280-18-005236
- 0001628280-17-004462
- 0001628280-16-015006
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Provident Financial Services executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PFS (accessed 2026).
Short form: data: Velarion
The paid brief for Provident Financial Services
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Provident Financial Services discloses
The companies named in PFS's own disclosed peer group.
Atlantic Union Bankshares CorporationBankUnited Inc.Community Financial System, Inc.Customers Bancorp, Inc.Dime Community Bancshares, Inc.Eastern Bankshares, Inc.Fulton Financial Corp.Hancock Whitney CorporationIndependent Bank Corp.NBT Bancorp Inc.OceanFirst Financial Corp.Sandy Spring Bancorp, Inc.Simmons First National CorporationTrustmark CorporationUnited Bankshares, Inc.United Community Banks, Inc.Valley National BancorpWSFS Financial Corporation
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
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}
}