Tyler J. Wilcox

Tyler J. Wilcox, aged 46, is the President and Chief Executive Officer of Peoples Bancorp Inc. (PEBO), demonstrating a strong commitment to the organization's growth and stability.

Beginning his tenure at PEBO in August 2008 as Associate Counsel, he steadily advanced through various leadership positions including roles in compensation and benefits, human resources, and regional management, which equipped him with a comprehensive understanding of banking and financial services.

His educational background is marked by a diverse and robust foundation, holding a Bachelor of Arts from Brigham Young University, an MBA with a concentration in finance from Ohio University, and a Juris Doctor from The Ohio State University, blending business acumen with legal expertise.

Over the years, his career progression at PEBO—culminating in his appointment as President and Chief Executive Officer in April 2024—illustrates his effective leadership and strategic vision, underscoring a long-standing dedication to the organization’s success.

Non-Equity Incentive Plan Award

• Amount: $335,000
• Payment Schedule: Earned for 2024 performance; paid on February 11, 2025
• Performance Metrics & Details:

  Metric	Threshold ($)	Target ($)	Maximum ($)	Weighting	Actual Payout ($)	% of Base Salary
  Corporate Performance	$97,800	$390,000	$585,000	70.0%	$335,000	55.8%
• Additional Details: Incentive based on achieving performance goals; payout represented 76% of the target with adjustments applied for one metric not meeting threshold.

Equity Incentive Plan Award

• Grant Details:
  • Number of Shares Granted: 5,730 restricted common shares
  • Grant Date: February 7, 2024
  • Grant Date Fair Value: $159,982
  • Grant Date Stock Price: $31.69 (closing price used for valuation)
• Vesting Schedule & Conditions:
  • Vesting occurs on the third anniversary of the grant date (February 7, 2027)
  • Vesting is subject to time-based and performance-based conditions: Peoples must remain well-capitalized and report positive net income each fiscal year; failure to meet performance criteria in a year reduces shares vesting by one-third
• Performance Metrics (for equity component):

  Metric	Threshold	Target	Maximum	Adjusted Result
  Pre-Tax/Pre-Provision Return on Avg Assets	1.63%	2.04%	2.45%	1.95%
  Efficiency Ratio	59.04%	57.32%	55.60%	57.93%
  Pre-Tax/Pre-Provision Diluted EPS	$4.14	$5.17	$6.20	$5.03
  Net Charge-Offs (% of Avg Loans)	0.30%	0.20%	0.15%	0.37%
• Additional Details:
  • The equity award represents 43.2% of the 2024 base salary.
  • Dividends accrued during the restriction period are paid in proportion upon vesting.
  • This award also serves as a retention tool, requiring continued employment through the vesting period.