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First Commonwealth CEO Receives Significant Salary Increase

First Commonwealth CEO Receives Significant Salary Increase

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First Commonwealth Financial Corp. (FCF) has shared an update.

First Commonwealth Financial Corporation has announced a significant pay raise for its President and CEO, T. Michael Price. Effective March 1, 2024, his annual base salary has been boosted from $600,000 to $700,000, reflecting a strategic decision by the company’s Compensation & Human Resources Committee. This move could be indicative of the company’s financial health and future outlook, making it a point of interest for investors and market watchers.

Learn more about FCF stock on TipRanks’ Stock Analysis page.

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