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) May 5, 2014 (April 30, 2014)
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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:
As previously announced, on April 30, 2014, Paul Limbert retired as President and CEO of WesBanco, Inc. Considering his continued service after his normal retirement date of January 31, 2012, for which there was no additional accrual in the defined benefit pension plan, and considering that Mr. Limbert will not be eligible for an incentive bonus in 2014 due to his retirement, the Executive Committee of the Board of Directors approved, prior to his retirement, a one-time lump sum bonus payment of $75,000 effective upon Mr. Limbert’s retirement.
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: May 5, 2014 | /s/ Robert H. Young |
Robert H. Young | |
Executive Vice President and | |
Chief Financial Officer |