Banking
Univest Financial Executive Compensation (FY25)
UVSP · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): April 24, 2026
289 figures on this page: 279 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Jeffrey Schweitzer, Chair of the Board, President and Chief Executive Officer, received $2,097,674 in total compensation for fiscal 2025, and Schweitzer's total moved 9.4% higher from the $1,917,602 reported for fiscal 2024. Meanwhile, for fiscal 2025, shareholders backed the say-on-pay proposal with 97.5% of votes cast for or against in favor at the meeting held April 23, 2026. Separately, companies named in the disclosed peer group include 1st Source Corp., Berkshire Hills Bancorp, Inc., Community Trust Bancorp, Inc., Financial Institutions, Inc. and First Busey Corp., among others. The company reported 5 named executive officers for fiscal 2025.
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 — Jeffrey Schweitzer: $1,917,602 → $2,097,674 (9.4% higher)
Say-on-pay support: 97.2% → 97.5% (0.3 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Univest Financial's chief executive and what were they paid?
Jeffrey Schweitzer, Chair of the Board, President and Chief Executive Officer, received $2,097,674 in total compensation for fiscal 2025. Schweitzer's total moved 9.4% higher from the $1,917,602 reported for fiscal 2024.
What was Univest Financial's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 97.5% of votes cast for or against in favor at the meeting held April 23, 2026.
Which companies are in Univest Financial's peer group?
Companies named in the disclosed peer group include 1st Source Corp., Berkshire Hills Bancorp, Inc., Community Trust Bancorp, Inc., Financial Institutions, Inc. and First Busey Corp., among others.
What is Univest Financial's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 26:1, against median employee compensation of $81,316.
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 |
|---|---|---|---|---|---|---|---|---|
Jeffrey Schweitzer Chair of the Board, President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Keim Senior Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Brian Richardson Senior Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Megan Santana Senior Executive Vice President, General Counsel and Chief Risk Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jeffrey Schweitzer Chair of the Board, President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Michael Keim Senior Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Brian Richardson Senior Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Megan Santana Senior Executive Vice President, General Counsel and Chief Risk Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Patrick McCormick Senior Executive Vice President and Chief Commercial Banking Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jeffrey Schweitzer Chairman, President and Chief Executive Officer of the Corporation and Chairman and Chief Executive Officer of the Bank | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Michael Keim Senior Executive Vice President and Chief Operating Officer of the Corporation, President of the Bank | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Brian Richardson Senior Executive Vice President and Chief Financial Officer of the Corporation and the Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Megan Santana Senior Executive Vice President, General Counsel and Chief Risk Officer of the Corporation and the Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Patrick McCormick Senior Executive Vice President and Chief Commercial Banking Officer of the Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jeffrey Schweitzer Chair of the Board, President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Michael Keim Senior Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Brian Richardson Senior Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Megan Santana Senior Executive Vice President, General Counsel and Chief Risk Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Patrick McCormick Senior Executive Vice President and Chief Commercial Banking 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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Brian J. Richardson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Brian J. Richardson | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jeffrey M. Schweitzer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jeffrey M. Schweitzer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Megan D. Santana | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Megan D. Santana | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael S. Keim | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael S. Keim | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Patrick C. McCormick | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Patrick C. McCormick | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 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 |
|---|---|---|---|---|---|
| Megan Santana | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 3/15/2028 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Brian Richardson | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/15/2028 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Michael Keim | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/15/2028 | |
| Jeffrey Schweitzer | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/15/2028 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Patrick McCormick | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
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
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Thomas M. Petro | ◇ | ◇ | — | — | — | — | ◇ |
Joseph P. Beebe Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Suzanne Keenan | ◇ | ◇ | — | — | — | — | ◇ |
Charles H. Zimmerman | ◇ | ◇ | — | — | — | — | ◇ |
Todd S. Benning | ◇ | ◇ | — | — | — | — | ◇ |
Natalye Paquin | ◇ | ◇ | — | — | — | — | ◇ |
Michael L. Turner | ◇ | ◇ | — | — | — | — | ◇ |
Robert C. Wonderling | ◇ | ◇ | — | — | — | — | ◇ |
Martin P. Connor | ◇ | ◇ | — | — | — | — | ◇ |
Anne Vazquez | ◇ | ◇ | — | — | — | — | ◇ |
Domenick A. Cama | ◇ | ◇ | — | — | — | — | ◇ |
Jeffrey M. Schweitzer 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 | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- 1st Source Corp. SRCE
- Berkshire Hills Bancorp, Inc. BBT
- Community Trust Bancorp, Inc. CTBI
- Financial Institutions, Inc. FISI
- First Busey Corp. BUSE
- First Commonwealth Financial Corp. FCF
- First Mid Bancshares, Inc. FMBH
- German American Bancorp, Inc. GABC
- Lakeland Financial Corp. LKFN
- Midland States Bancorp, Inc. MSBI
- NBT Bancorp, Inc. NBTB
- Park National Corp. PRK
- Peapack-Gladstone Financial Corp. PGC
- Peoples Bancorp, Inc. PEBO
- QCR Holdings, Inc. QCRH
- S&T Bancorp, Inc. STBA
- Sandy Spring Bancorp, Inc. SASR
- Stock Yards Bancorp, Inc. SYBT
- Tompkins Financial Corporation TMP
- Washington Trust Bancorp, Inc. WASH
- WSFS Financial Corp. WSFS
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 23, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 24, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 25, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 26, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 27, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 28, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 22, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 16, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 17, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 18, 2017 | = | ◇ | ◇ | ◇ |
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 Univest Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Univest Financial 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.
289 figures on this page: 279 cited to the filing that reported them, 10 calculated from figures it prints.
279 cited to the filing
10 calculated from the filing
Documents cited
- 0000102212-26-000024
- 0000102212-26-000015DIRECTOR COMPENSATION · Director Fees · Grants of Plan-Based Awards · OUTSTANDING EQUITY AWARDS AS OF DECEMBER 31, 2025 · and 1 more section
- 0000102212-25-000016
- 0000102212-25-000009SUMMARY COMPENSATION TABLE
- 0000102212-24-000036
- 0000102212-24-000013Summary Compensation Table
- 0000102212-23-000034Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000102212-23-000019Summary Compensation Table
- 0000102212-22-000019Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000102212-21-000019
- 0000102212-20-000029
- 0000102212-19-000019Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000102212-18-000025
- 0000102212-17-000018
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Velarion, “Univest Financial executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/UVSP (accessed 2026).
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Peers Univest Financial discloses
The companies named in UVSP's own disclosed peer group.
1st Source Corp.Berkshire Hills Bancorp, Inc.Community Trust Bancorp, Inc.Financial Institutions, Inc.First Busey Corp.First Commonwealth Financial Corp.First Mid Bancshares, Inc.German American Bancorp, Inc.Lakeland Financial Corp.Midland States Bancorp, Inc.NBT Bancorp, Inc.Park National Corp.Peapack-Gladstone Financial Corp.Peoples Bancorp, Inc.QCR Holdings, Inc.S&T Bancorp, Inc.Stock Yards Bancorp, Inc.Tompkins Financial CorporationWashington Trust Bancorp, Inc.WSFS Financial Corp.
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}
}