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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.
Chief executive, fiscal 2025
Jeffrey Schweitzer
Latest say-on-pay support
=
April 23, 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 — 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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brian J. RichardsonRSU
Brian J. RichardsonPSU
Jeffrey M. SchweitzerRSU
Jeffrey M. SchweitzerPSU
Megan D. SantanaPSU
Megan D. SantanaRSU
Michael S. KeimRSU
Michael S. KeimPSU
Patrick C. McCormickRSU
Patrick C. McCormickPSU
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Megan SantanaRSU
Option3/15/2028
RSU
RSU
PSU
RSU
RSU
Brian RichardsonRSU
RSU
Option3/15/2028
PSU
RSU
RSU
RSU
Michael KeimRSU
PSU
RSU
RSU
RSU
RSU
Option3/15/2028
Jeffrey SchweitzerRSU
RSU
RSU
Option3/15/2028
RSU
RSU
PSU
Patrick McCormickRSU
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 23, 2026=
2024April 24, 2025=
2023April 25, 2024=
2022April 26, 2023=
2021April 27, 2022=
2020April 28, 2021=
2019April 22, 2020=
2018April 16, 2019=
2017April 17, 2018=
2016April 18, 2017=

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 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 — $1,500
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.
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

  1. 0000102212-26-000024
  2. 0000102212-26-000015
    DIRECTOR COMPENSATION · Director Fees · Grants of Plan-Based Awards · OUTSTANDING EQUITY AWARDS AS OF DECEMBER 31, 2025 · and 1 more section
  3. 0000102212-25-000016
  4. 0000102212-25-000009
    SUMMARY COMPENSATION TABLE
  5. 0000102212-24-000036
  6. 0000102212-24-000013
    Summary Compensation Table
  7. 0000102212-23-000034
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000102212-23-000019
    Summary Compensation Table
  9. 0000102212-22-000019
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000102212-21-000019
  11. 0000102212-20-000029
  12. 0000102212-19-000019
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000102212-18-000025
  14. 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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Banking rankings

Chief executive payBankingCEO pay ratioBankingSay-on-pay supportBanking

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

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}
}
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