Univest Financial Corporation (UVSP)

20.55 +0.55 (+2.75%) At close: 04:00PM EDT

Univest Financial Corporation

14 North Main Street
Souderton, PA 18964
United States
215 721 2400
https://www.univest.net

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 920

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Jeffrey M. Schweitzer CPA	Chairman, President & CEO	1.08M	N/A	1974
Mr. Brian J. Richardson	Senior Executive VP & CFO	535.94k	N/A	1983
Mr. Michael S. Keim CPA	Senior EVP & COO	651.62k	N/A	1968
Ms. Megan Duryea Santana Esq.	Senior EVP, Chief Risk Officer, General Counsel & Corporate Secretary	457.13k	N/A	1976
Mr. Patrick C. McCormick	Senior EVP & Chief Commercial Banking Officer of Univest Bank and Trust Co.	436.98k	N/A	1978
Nicole Heverly	Senior VP of Corporate Communications	N/A	N/A	N/A
Ms. M. Theresa Fosko	Executive VP & Chief Human Resources Officer	N/A	N/A	N/A
Ms. Karen Elizabeth Tejkl	Senior Vice President	N/A	N/A	N/A
Ms. Annette D. Szygiel	Chief Experience Officer & Executive VP	N/A	N/A	N/A
Mr. Craig Portner	Senior VP & Relationship Manager	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations. Its Wealth Management segment provides investment advisory, financial planning, and trust and brokerage services for private families and individuals, municipal pension plans, retirement plans, and trusts and guardianships. The Insurance segment offers commercial property and casualty insurance, employee benefits solutions, personal insurance lines, and human resources consulting services. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. The company was founded in 1876 and is headquartered in Souderton, Pennsylvania.

Corporate Governance

Univest Financial Corporation’s ISS Governance QualityScore as of April 1, 2024 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 7; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.