WesBanco Chief Risk Officer Michael Perkins to retire June 30, transition to consultant

Filed June 4, 2026 · Period ending June 3, 2026 · ~1 min read

Key Changes

• medium

  Chief Risk Officer Michael L. Perkins announced retirement effective June 30, 2026, after informing the board in January. The departure of the senior executive overseeing enterprise risk management may impact oversight continuity during transition.

  Item 5.02 verify on EDGAR →
• low

  Perkins will serve as paid consultant for one year starting July 1, 2026, at $33,334 monthly ($400,000 annually), providing advisory services as requested by CEO or board. This adds compensation expense but preserves institutional knowledge.

  Item 5.02 verify on EDGAR →
• low

  Agreement includes two-year non-compete (during consulting period plus one year after). Perkins' continued equity vesting after retirement is contingent on compliance with non-compete restrictions.

  Item 5.02 verify on EDGAR →