Banking
Provident Financial Services Executive Compensation (FY25)
PFS · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 22, 2026
296 figures on this page: 285 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Anthony Labozzetta, President & Chief Executive Officer, received $3,521,400 in total compensation for fiscal 2025, and compared with the $3,501,092 reported for fiscal 2024, Labozzetta's total was 0.6% higher. The disclosed chief executive pay ratio for fiscal 2025 is 41:1, against median employee compensation of $85,110. Shareholders recorded 97.0% support for the say-on-pay proposal at the meeting held May 21, 2026 for fiscal 2025. 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 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 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 | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Anthony J. Labozzetta | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| George Lista | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| George Lista | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ravi Vakacherla | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ravi Vakacherla | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Thomas J. Shara | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Thomas J. Shara | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas M. Lyons | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Thomas M. Lyons | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| George Lista | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Ravi Vakacherla | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Thomas Shara | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Anthony Labozzetta | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Thomas Lyons | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| 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.
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 | ◇ |
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 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 | ◇ | — | — | — | — | ◇ | ◇ |
Thomas J. Shara, Anthony J. Labozzetta and Christopher Martin 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 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
- 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
- Wesbanco WSBC
- 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
◇
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 — $1,200Realizable 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.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
296 figures on this page: 285 cited to the filing that reported them, 11 calculated from figures it prints.
285 cited to the filing
11 calculated from the filing
Documents cited
- 0001628280-26-037560
- 0001308179-26-000226CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation Table · Director Fees · and 4 more sections
- 0001628280-25-020597
- 0001308179-25-000087Summary Compensation Table
- 0001628280-24-019189
- 0001308179-24-000165Summary Compensation Table
- 0001628280-23-014516
- 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, FY2023–FY2025.” https://intel.velarion.ai/comp/PFS (accessed 2026).
Short form: data: Velarion
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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.Simmons First National CorporationTrustmark CorporationUnited Bankshares, Inc.United Community Banks, Inc.Valley National BancorpWesbancoWSFS Financial Corporation
Terms on this page
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}
}