S&T Bancorp EVP Charles Carroll departs; severance includes $75K lump sum, car

S&T BANCORP INC

Charles B. Carroll, Jr., EVP & CAO, left S&T effective Sept 23, 2022.
Severance includes salary continuation and COBRA through Sept 23, 2023.
One-time lump sum of $75,000 payable Sept 23, 2023, plus car title valued at $57,074.
Amounts are in lieu of previously disclosed severance agreement from Oct 2020.
Agreement includes standard non-disclosure and non-solicitation covenants.

item 5.02 item 9.01

Executive movements

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Departed

Charles B. Carroll, Jr.

Executive Vice President and Chief Administrative Officer

STBA · S&T BANCORP INC

Effective: 2022-09-23
Filed: October 17, 2022, 7:59 PM ET

As previously disclosed, effective as of September 23, 2022, Charles B. Carroll, Jr., formerly the Executive Vice President and Chief Administrative Officer of S&T Bancorp, Inc. and S&T Bank (collectively, “S&T”) is no longer employed by S&T .

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Executive change SEC 8-K Item 5.02 confidence 0.95

Charles B. Carroll, Jr. departed as Executive Vice President and Chief Administrative Officer at S&T BANCORP INC.

Action: departed
Role: Executive Vice President and Chief Administrative Officer

Exact text from the filing

As previously disclosed, effective as of September 23, 2022, Charles B. Carroll, Jr., formerly the Executive Vice President and Chief Administrative Officer of S&T Bancorp, Inc. and S&T Bank (collectively, “S&T”) is no longer employed by S&T .

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Source: SEC EDGAR

accession 0000719220-22-000069

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