Summary of Base Salaries for Named Executive Officers of Peoples Bancorp Inc. for 2020

Summary

This document outlines the base salaries for the named executive officers of Peoples Bancorp Inc. for the fiscal year ending December 31, 2020. The salaries are determined based on peer data, job responsibilities, company performance, and individual achievements. The listed officers and their annual base salaries are: Charles W. Sulerzyski ($625,000), John C. Rogers ($331,000), and Doug Wyatt ($271,500). The document also notes recent changes in executive roles due to retirement and status changes.

EX-10.3 2 exhibit103q1202010q.htm EX-10.3 Document

EXHIBIT 10.3

PEOPLES BANCORP INC. QUARTERLY REPORT ON FORM 10-Q

FOR QUARTERLY PERIOD ENDED MARCH 31, 2020

SUMMARY OF BASE SALARIES FOR NAMED EXECUTIVE OFFICERS

OF PEOPLES BANCORP INC.

The base salaries of executive officers of Peoples Bancorp Inc. (“Peoples”) are determined by evaluating the most recent comparative peer data and the role and responsibilities of their positions. Individual salary increases are reviewed annually and are based on Peoples' overall performance and the executive's attainment of specific individual business objectives during the preceding year.

The following table details the base salaries to be paid by Peoples and its subsidiaries to the named executive officers in Peoples’ proxy statement for the 2020 Annual Meeting of Shareholders for the fiscal year ending December 31, 2020*:

Name

Position/Title

Base Salary

Charles W. Sulerzyski

President and Chief Executive Officer

625,000

John C. Rogers

Executive Vice President, Chief Financial Officer and Treasurer

331,000

Doug Wyatt

Executive Vice President, Chief Commercial Banking Officer

271,500

*Carol A. Schneeberger retired from Peoples effective March 31, 2020. Robyn A. Stevens moved to part-time status as a non-executive officer effective April 1, 2020.