First Commonwealth appoints new chief accounting officer
First Commonwealth Financial Corporation appointed a new chief accounting officer, setting $275,000 base pay and one year of severance under a change of control agreement.
Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary
First Commonwealth Financial Corporation (FCF) reported that on September 14, 2026, Phillip J. Graves Jr. was appointed Chief Accounting Officer of the company and First Commonwealth Bank and was designated as the company’s principal accounting officer, effective the same date.
Graves joined First Commonwealth on September 14, 2026 after serving as a Senior Manager at KPMG LLP from October 2021 to August 2026. His compensation includes an annual base salary of $275,000 and a change of control agreement providing one year of severance, on substantially the same terms as those for other executive officers. The company states there are no appointment-related arrangements with other persons, no family relationships with directors or executive officers, and no material related-party transactions involving Graves under Item 404(a) of Regulation S‑K.
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