fin8k012511.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) January 25, 2011 (January 19, 2011)

Logo

WesBanco, Inc.
 (Exact name of registrant as specified in its charter)


West Virginia
000-08467
55-0571723
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
 
Identification No.)


1 Bank Plaza, Wheeling, WV
26003
(Address of principal executive offices)
(Zip Code)

 

Registrant's telephone number, including area code       (304) 234-9000

Former name or former address, if changed since last report  Not Applicable


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) Compensatory arrangements of certain officers:

On January 19, 2011, the Compensation Committee of the Board of Directors of WesBanco, Inc. (the “Company”) approved the following incentive compensation payments for each of the Named Executive Officers listed below pursuant to the Company’s amended and restated Incentive Bonus, Option and Restricted Stock Plan, which is described in and attached as Appendix A to the Proxy Statement dated March 16, 2010 for the Company’s Annual Meeting held April 21, 2010.
 
   
 Cash
Officer
Title
 Compensation
Paul M. Limbert
President & Chief Executive Officer
 $             200,000
   
 
Robert H. Young
Executive Vice President & Chief Financial Officer
 $             107,991
     
Dennis G. Powell
Executive Vice President & Chief Operating Officer
 $             122,136
     
Jerome B. Schmitt
Executive Vice President - Trust & Investments
 $               92,748
     
Bernard P. Twigg
Executive Vice President - Commercial Lending
 $               37,000
 
The above - noted incentive compensation payments are payable on or about February 16, 2011.






SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
WesBanco, Inc.
 
(Registrant)
   
Date:  January 25, 2011
  /s/ Robert H. Young
 
Robert H. Young
 
Executive Vice President and
 
Chief Financial Officer