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Univest Financial Corporation (UVSP)

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29.06-0.25 (-0.85%)
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Univest Financial Corporation

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees896

Key Executives

NameTitlePayExercisedYear Born
Mr. Jeffrey M. Schweitzer CPAPres, CEO & Director1.02M5.69k1974
Mr. Brian J. RichardsonExec. VP & CFO456.82kN/A1983
Ms. Megan Duryea Santana Esq.Sr. Exec. VP, Chief Risk Officer, Gen. Counsel & Corp. Sec.422.85kN/A1976
Mr. Duane J. BrobstSr. Exec. VP367.82kN/A1953
Mr. Michael S. Keim CPASr. Exec. VP629.49kN/A1968
Mr. Eric W. ConnerSr. EVP & Chief Information OfficerN/AN/A1971
Ms. Kimberly J. DetwilerSr. VP & Director of Corp. CommunicationsN/AN/AN/A
Ms. Carmella A. FaustSr. VP & Director of MarketingN/AN/AN/A
Ms. M. Theresa SchwartzerExec. VP & Chief HR OfficerN/AN/AN/A
Mr. George D. TerryExec. VPN/AN/A1938
Amounts are as of December 31, 2020 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 Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment provides 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. The Wealth Management segment offers 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 provides commercial property and casualty insurance, employee benefits solutions, personal insurance lines, and human resources consulting services. It serves customers primarily in Bucks, Berks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Lehigh, Montgomery, Northampton, Philadelphia, and York counties in Pennsylvania; and Atlantic, Burlington, and Cape May counties in New Jersey through 40 banking offices. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. Univest Financial Corporation was founded in 1876 and is headquartered in Souderton, Pennsylvania.

Corporate Governance

Univest Financial Corporation’s ISS Governance QualityScore as of April 30, 2021 is 5. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 7; Compensation: 5.

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.