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Tyler J. Wilcox

President and Chief Executive Officer at PEOPLES BANCORP
Since April 1, 2024
Age
46 years
Education
Holds 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.
Tenure
Joined PEBO as Associate Counsel in August 2008 and advanced through roles including Director of Compensation and Benefits, Director of Human Resources, President of Peoples Insurance Agency, Regional President, and Executive Vice President roles, culminating in the current role as President and Chief Executive Officer in April 2024.

Also at PEOPLES BANCORP

DVW
Douglas V. Wyatt
Executive Vice President, Chief Commercial Banking Officer
MME
Matthew M. Edgell
Executive Vice President, Chief of Staff
HJD
Hugh J. Donlon
Executive Vice President, Community Banking

About

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.

$PEBO Performance Under Tyler J. Wilcox

Past Roles

OrganizationRoleDate Range
Peoples Bancorp Inc. / Peoples Bank Senior Executive Vice President, Chief Operating Officer June 2023 - March 2024
Peoples Bancorp Inc. / Peoples Bank Executive Vice President, Community Banking October 2020 - July 2023
Peoples Bank Regional President of Peoples Bank’s South Region January 2019 - September 2020
Peoples Insurance Agency, LLC President October 2015 - December 2018
Peoples Bank Senior Vice President, Director of Human Resources April 2012 - October 2015
Peoples Bank Vice President, Director of Compensation and Benefits November 2011 - April 2012
Peoples Bank Associate Counsel August 2008 - November 2011
City of Columbus, Ohio Assistant City Attorney January 2005 - August 2008

External Roles

OrganizationRoleDate Range
Peoples Insurance Agency, LLC Member of the Board of Managers Since October 2020
Vantage Financial, LLC Member of the Board of Managers Since March 2022

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary$600,000 Annual (paid during 2024)2024 salary, increased to $700,000 effective January 1, 2025
All Other Compensation$99,074 Regular payroll/benefits cycleIncludes various benefits and perquisites
Compensation Upon CIC$1,273,036 Contingent on a termination/change in control event on December 31, 2024Includes 2.99x base compensation, welfare benefits, adjustment for unvested shares

Performance Compensation

Data from  FY 2024

Non-Equity Incentive Plan Award

  • Amount: $335,000
  • Payment Schedule: Earned for 2024 performance; paid on February 11, 2025
  • Performance Metrics & Details:
    MetricThreshold ($)Target ($)Maximum ($)WeightingActual 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):
    MetricThresholdTargetMaximumAdjusted Result
    Pre-Tax/Pre-Provision Return on Avg Assets1.63% 2.04% 2.45% 1.95%
    Efficiency Ratio59.04% 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.