Provident Financial Services (PFS) executive compensation, 2026 proxy

Anthony J. Labozzetta, President & Chief Executive Officer, was paid $3.5M in 2025, up 1% from $3.5M the year before. The CEO-to-median-employee pay ratio was 41:1, on median employee pay of $85,110.

Filed
April 8, 2026
Annual meeting
May 21, 2026
Pay year
2025
Named executives
5
CEO total pay
$3.5M+1% vs prior year
CEO to median employee
41:1median $85,110
CEO pay in equity
34%$1.2M in awards
Prior say-on-pay support
84%of votes cast
CEO Base Salary Increase
5.26%From $950,000 to $1,000,000
Cash Incentive Payout
123.55%Of target for named executive officers
Performance Equity Share
75%Of annual target equity grant value
Net Income
$291.2MFor year ended December 31, 2025

How Labozzetta was paid

$3.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary28%Stock awards34%Non-equity incentive32%All other compensation6%

Named executive officers

ExecutiveTotal
Anthony J. LabozzettaPresident & Chief Executive Officer$3,521,400
Thomas M. LyonsSenior Executive Vice President and Chief Financial Officer$1,395,367
George ListaExecutive Vice President, President/Provident Protection Plus$1,098,287
Thomas J. SharaExecutive Vice Chairman$2,880,501
Ravi VakacherlaExecutive Vice President Chief Information and Operations Officer$1,122,793

What changed and why

  • 5.26%CEO base salary increased 5.26% to $1,000,000 to reflect market positioning and individual performance.
  • 123.55%Annual cash incentives for NEOs were paid at 123.55% of target based on corporate financial performance.
  • 75%Long-term equity awards consisted of 75% performance-vesting stock awards and 25% time-vesting stock awards.
  • $291.2MNet income for fiscal 2025 totaled $291.2 million compared to $115.5 million in fiscal 2024.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.