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Executive raises
Ranked by compensation increase
Rank
Prev.
rank
Name
Title
Company

Compensation increase
Percentage

2012 salary/
bonus/
other comp./
all other comp.

2011 salary/
bonus/
other comp./
all other comp.

Address
Website
Phone

2012/2011 revenue
% change

Company description
1
NR
John T. Standley
CEO
Rite Aid Corp.
$8.15 million
288.2%
$1.02 million
$0
$9.68 million
$280,483
$966,539
$0
$1.59 million
$272,229
30 Hunter Lane
Camp Hill, PA 17011
www.riteaid.com
717-761-2633, 800-748-3243
$26.12 billion
$25.21 billion
3.59%
Chain of retail drugstores; third-largest in nation, largest on East Coast
2
20
Jay H. Shah
CEO
Hersha Hospitality Trust
$3.69 million
128.19%
$650,000
$0
$5.91 million
$4,365
$600,000
$0
$2.27 million
$4,365
44 Hersha Drive
Harrisburg, PA 17102-2234
www.hersha.com
717-236-4400
$301.22 million
$286.44 million
5.16%
Self-advised real estate investment trust that invests in limited- and full-service hotels
3
NR
Frank J. Ready
Former executive VP and division CEO
Armstrong World Industries Inc.
$2.12 million
79.82%
$500,000
$1 million
$3.27 million
$10,460
$500,000
$0
$2.15 million
$9,810
2500 Columbia Ave., P.O. Box 3001
Lancaster, PA 17604-3001
www.armstrong.com
717-397-0611
$2.62 billion
$2.72 billion
-3.83%
Manufactures and sells residential and commercial flooring, residential and commercial ceilings and residential kitchen and bath cabinetry
4
NR
David S. Chernow
President and CEOs
Select Medical Holdings Corp. and Select Medical dba First Choice, Select and NovaCare Rehabilitation
$2.02 million
118.48%
$740,000
$1.48 million
$0
$1.5 million
$640,000
$0
$1.04 million
$24,407
4716 Old Gettysburg Road, P.O. Box 2034 and 4714 Gettysburg Road
Mechanicsburg, PA 17055 and Mechanicsburg, PA 17055
www.selectmedicalcorp.com and www.selectmedical.com
717-972-1100 and 717-972-1100, 888-735-6332
$2.95 billion and $2.95 million
$2.8 billion and $2.8 billion
5.15% and -99.89%
Operates specialty hospitals and outpatient rehabilitation clinics and NA
5
21
Neil H. Shah
President and COO
Hersha Hospitality Trust
$1.72 million
60.66%
$625,000
$0
$3.91 million
$17,540
$575,000
$0
$2.24 million
$17,540
44 Hersha Drive
Harrisburg, PA 17102-2234
www.hersha.com
717-236-4400
$301.22 million
$286.44 million
5.16%
Self-advised real estate investment trust that invests in limited- and full-service hotels
6
1
John P. Bilbrey
President and CEO
The Hershey Co.
$1.66 million
15.65%
$1.1 million
$0
$11.03 million
$165,651
$945,538
$0
$9.5 million
$182,122
100 E. Chocolate Ave., P.O. Box 810
Hershey, PA 17033
www.hersheys.com
717-534-4000, 800-468-1714
$6.64 billion
$6.08 billion
9.27%
Manufacturer of chocolate and nonchocolate confectionery and chocolate-related grocery products
7
NR
R. Scott Smith Jr.
Former chairman and CEO
Fulton Financial Corp.
$1.5 million
64.23%
$886,539
$1.3 million
$1.43 million
$206,531
$840,336
$0
$1.36 million
$128,237
1 Penn Square, P.O. Box 4887
Lancaster, PA 17604-4887
www.fult.com
717-291-2411, 800-385-8664
$861.09 million
$876.86 million
-1.8%
Multibank financial holding company
8
2
Robert A. Ortenzio
Executive chairman and CEO
Select Medical Holdings Corp. and Select Medical dba First Choice, Select and NovaCare Rehabilitation
$1.46 million
42.28%
$995,000
$2.49 million
$1.08 million
$338,837
$848,720
$0
$2.55 million
$38,089
4716 Old Gettysburg Road, P.O. Box 2034 and 4714 Gettysburg Road
Mechanicsburg, PA 17055 and Mechanicsburg, PA 17055
www.selectmedicalcorp.com and www.selectmedical.com
717-972-1100 and 717-972-1100, 888-735-6332
$2.95 billion and $2.95 million
$2.8 billion and $2.8 billion
5.15% and -99.89%
Operates specialty hospitals and outpatient rehabilitation clinics and NA
9
NR
Thomas B. Mangas
Executive VP and division CEO
Armstrong World Industries Inc.
$998,291
50.65%
$500,000
$0
$2.24 million
$229,275
$500,000
$0
$1.4 million
$72,976
2500 Columbia Ave., P.O. Box 3001
Lancaster, PA 17604-3001
www.armstrong.com
717-397-0611
$2.62 billion
$2.72 billion
-3.83%
Manufactures and sells residential and commercial flooring, residential and commercial ceilings and residential kitchen and bath cabinetry
10
11
Martin F. Jackson
Executive VP and CFO
Select Medical Holdings Corp.
$901,375
65.15%
$600,000
$1.2 million
$376,250
$108,750
$480,000
$0
$899,950
$3,675
4716 Old Gettysburg Road, P.O. Box 2034
Mechanicsburg, PA 17055
www.selectmedicalcorp.com
717-972-1100
$2.95 billion
$2.8 billion
5.15%
Operates specialty hospitals and outpatient rehabilitation clinics
11
23
Terence L. O'Day
Senior VP and chief supply chain officer
The Hershey Co.
$657,740
29.06%
$516,981
$0
$2.2 million
$205,849
$491,400
$0
$1.55 million
$222,709
100 E. Chocolate Ave., P.O. Box 810
Hershey, PA 17033
www.hersheys.com
717-534-4000, 800-468-1714
$6.64 billion
$6.08 billion
9.27%
Manufacturer of chocolate and nonchocolate confectionery and chocolate-related grocery products
12
NR
Ashish R. Parikh
CFO
Hersha Hospitality Trust
$564,921
43.19%
$405,000
$0
$1.45 million
$17,540
$375,000
$0
$915,399
$17,540
44 Hersha Drive
Harrisburg, PA 17102-2234
www.hersha.com
717-236-4400
$301.22 million
$286.44 million
5.16%
Self-advised real estate investment trust that invests in limited- and full-service hotels
13
3
Peter M. Carlino
Former chairman and CEO
Penn National Gaming Inc.
$561,672
4.69%
$1.75 million
$2.5 million
$7.75 million
$529,415
$1.7 million
$0
$9.86 million
$420,330
825 Berkshire Blvd., Suite 200
Wyomissing, PA 19610
www.pngaming.com
610-373-2400
$2.9 billion
$2.74 billion
5.73%
Owns and operates casinos, racetracks and off-track wagering facilities, including Penn National Race Course
14
6
Rocco A. Ortenzio
Vice chairman
Select Medical Holdings Corp.
$560,857
18.26%
$950,000
$1.9 million
$537,500
$244,876
$848,720
$0
$2.13 million
$96,859
4716 Old Gettysburg Road, P.O. Box 2034
Mechanicsburg, PA 17055
www.selectmedicalcorp.com
717-972-1100
$2.95 billion
$2.8 billion
5.15%
Operates specialty hospitals and outpatient rehabilitation clinics
15
16
James G. Mosch
Executive VP and COO
Dentsply International Inc.
$532,554
31.57%
$483,500
$349,400
$1.29 million
$94,419
$441,033
$0
$1.16 million
$81,433
221 W. Philadelphia St., P.O. Box 872
York, PA 17405-0872
www.dentsply.com
717-845-7511, 800-877-0020
$2.93 billion
$2.54 billion
15.4%
Manufacturer of professional dental products
16
19
Dante C. Parrini
Chairman and CEO
P.H. Glatfelter Co. dba Glatfelter
$513,379
19.18%
$658,875
$0
$2.47 million
$57,569
$630,000
$0
$2 million
$50,367
96 S. George St., Suite 500
York, PA 17401-1434
www.glatfelter.com
717-225-4711
$1.58 billion
$1.61 billion
-2.15%
Specialty paper and engineered products
17
7
Patricia A. Rice
Executive adviser
Select Medical Holdings Corp.
$494,684
16.09%
$900,000
$1.8 million
$483,750
$385,490
$800,000
$0
$1.99 million
$288,906
4716 Old Gettysburg Road, P.O. Box 2034
Mechanicsburg, PA 17055
www.selectmedicalcorp.com
717-972-1100
$2.95 billion
$2.8 billion
5.15%
Operates specialty hospitals and outpatient rehabilitation clinics
18
NR
Jonathan H. Weis
Vice chairman, president and CEO
Weis Markets Inc.
$488,888
24.17%
$694,048
$0
$1.7 million
$117,323
$667,875
$0
$1.25 million
$102,626
1000 S. Second St., P.O. Box 471
Sunbury, PA 17801-0471
www.weismarkets.com
570-286-4571
$2.7 billion
$2.75 billion
-1.86%
Grocery and other retail stores
19
NR
Michele G. Buck
North American president
The Hershey Co.
$475,580
18.49%
$506,942
$0
$2.49 million
$51,878
$466,552
$0
$2.05 million
$55,752
100 E. Chocolate Ave., P.O. Box 810
Hershey, PA 17033
www.hersheys.com
717-534-4000, 800-468-1714
$6.64 billion
$6.08 billion
9.27%
Manufacturer of chocolate and nonchocolate confectionery and chocolate-related grocery products
20
14
Stephen J. Schnoor
Former senior VP and CFO
Harsco Corp.
$457,641
22.36%
$450,000
$0
$986,956
$1.07 million
$425,192
$0
$1.6 million
$24,936
350 Poplar Church Road
Camp Hill, PA 17011
www.harsco.com
717-763-7064
$3.05 billion
$3.3 billion
-7.77%
Diversified multinational provider of industrial services for major global markets
21
24
Donald H. Nikolaus
President and CEO
Donegal Group Inc.
$426,232
41.76%
$650,000
$297,500
$433,164
$66,133
$575,000
NA
$384,404
$61,161
1195 River Road, P.O. Box 302
Marietta, PA 17547
www.donegalgroup.com
717-426-1931, 800-877-0600
$514.98 million
$475.02 million
8.41%
Regional insurance and bank holding company
22
NR
Hasu P. Shah
Chairman
Hersha Hospitality Trust
$413,195
61.64%
$215,000
$0
$866,007
$2,494
$200,000
NA
$467,812
$2,494
44 Hersha Drive
Harrisburg, PA 17102-2234
www.hersha.com
717-236-4400
$301.22 million
$286.44 million
5.16%
Self-advised real estate investment trust that invests in limited- and full-service hotels
23
NR
Martin Rapp
Senior VP and unit manager
P.H. Glatfelter Co. dba Glatfelter
$389,076
46.72%
$379,787
$0
$818,591
$23,467
$388,175
$0
$421,890
$22,704
96 S. George St., Suite 500
York, PA 17401-1434
www.glatfelter.com
717-225-4711
$1.58 billion
$1.61 billion
-2.15%
Specialty paper and engineered products
24
22
Humberto P. Alfonso
International president
The Hershey Co.
$368,740
14.28%
$602,308
$0
$2.14 million
$204,310
$544,021
$0
$1.82 million
$216,134
100 E. Chocolate Ave., P.O. Box 810
Hershey, PA 17033
www.hersheys.com
717-534-4000, 800-468-1714
$6.64 billion
$6.08 billion
9.27%
Manufacturer of chocolate and nonchocolate confectionery and chocolate-related grocery products
25
NR
Michael L. Boguski
President and CEO
Eastern Insurance Holdings Inc.
$360,432
54.26%
$418,300
$0
$546,817
$59,611
$406,100
$0
$199,338
$58,858
25 Race Ave.
Lancaster, PA 17603-3179
www.eihi.com
717-396-7095, 855-533-3444
$168.07 million
$137.96 million
21.83%
Specialty underwriter of workers' compensation insurance products
26
26
Thomas A. Ritter
President and CEO
ACNB Corp.
$339,621
67.68%
$299,400
$27,994
$402,989
$111,067
$293,500
$17,935
$142,960
$47,434
16 Lincoln Square, P.O. Box 3129
Gettysburg, PA 17325-3129
www.acnb.com
717-334-3161, 888-334-2262
$52.31 million
$53.57 million
-2.36%
National bank
27
NR
Robert A. Gilpin
Senior VP of marketing and field operations
Eastern Insurance Holdings Inc.
$332,333
103.73%
$222,500
$0
$386,082
$44,126
$215,000
$0
$62,675
$42,700
25 Race Ave.
Lancaster, PA 17603-3179
www.eihi.com
717-396-7095, 855-533-3444
$168.07 million
$137.96 million
21.83%
Specialty underwriter of workers' compensation insurance products
28
NR
Kevin M. Shook
Executive VP, treasurer and CFO
Eastern Insurance Holdings Inc.
$325,966
64.85%
$327,500
$0
$451,593
$49,525
$318,850
$0
$135,974
$47,828
25 Race Ave.
Lancaster, PA 17603-3179
www.eihi.com
717-396-7095, 855-533-3444
$168.07 million
$137.96 million
21.83%
Specialty underwriter of workers' compensation insurance products
29
9
Timothy J. Wilmott
President and CEO
Penn National Gaming Inc.
$317,350
3.92%
$1.41 million
$1.7 million
$5.21 million
$104,102
$1.36 million
$0
$6.64 million
$98,477
825 Berkshire Blvd., Suite 200
Wyomissing, PA 19610
www.pngaming.com
610-373-2400
$2.9 billion
$2.74 billion
5.73%
Owns and operates casinos, racetracks and off-track wagering facilities, including Penn National Race Course
30
NR
Suzanne M. Emmet
Senior VP of claims and corporate compliance
Eastern Insurance Holdings Inc.
$296,638
100.13%
$208,500
$0
$341,110
$43,284
$202,500
$0
$58,173
$35,583
25 Race Ave.
Lancaster, PA 17603-3179
www.eihi.com
717-396-7095, 855-533-3444
$168.07 million
$137.96 million
21.83%
Specialty underwriter of workers' compensation insurance products
31
NR
Scott V. Fainor
President and CEO
National Penn Bancshares Inc.
$227,573
12.66%
$750,000
$0
$1.24 million
$36,220
$750,000
$0
$1.01 million
$33,221
Philadelphia and Reading avenues, P.O. Box 547
Boyertown, PA 19512-0547
www.natpennbank.com
610-369-6196, 800-822-3321
$412.39 million
$441.49 million
-6.59%
Financial services
32
NR
E. Philip Wenger
Chairman, president and CEO
Fulton Financial Corp.
$179,679
15.65%
$598,077
$0
$611,286
$118,380
$501,281
$0
$552,327
$94,456
1 Penn Square, P.O. Box 4887
Lancaster, PA 17604-4887
www.fult.com
717-291-2411, 800-385-8664
$861.09 million
$876.86 million
-1.8%
Multibank financial holding company
33
NR
Lynda L. Glass
Executive VP
ACNB Corp.
$171,108
46.36%
$220,000
$22,200
$270,497
$27,533
$217,500
$12,175
$126,173
$13,274
16 Lincoln Square, P.O. Box 3129
Gettysburg, PA 17325-3129
www.acnb.com
717-334-3161, 888-334-2262
$52.31 million
$53.57 million
-2.36%
National bank
34
4
Bret W. Wise
Chairman and CEO
Dentsply International Inc.
$148,962
2.99%
$910,000
$955,500
$3.06 million
$211,922
$860,000
$0
$3.96 million
$169,240
221 W. Philadelphia St., P.O. Box 872
York, PA 17405-0872
www.dentsply.com
717-845-7511, 800-877-0020
$2.93 billion
$2.54 billion
15.4%
Manufacturer of professional dental products
35
NR
Michael J. Hughes
Senior executive VP and CFO
National Penn Bancshares Inc.
$140,216
12.89%
$480,002
$0
$720,000
$27,816
$480,002
$0
$576,000
$31,600
Philadelphia and Reading avenues, P.O. Box 547
Boyertown, PA 19512-0547
www.natpennbank.com
610-369-6196, 800-822-3321
$412.39 million
$441.49 million
-6.59%
Financial services
36
NR
Larry J. Miller
Vice chairman, president and CEO
Codorus Valley Bancorp Inc.
$136,157
28.46%
$312,000
$0
$238,273
$64,248
$299,000
$20,161
$122,255
$36,948
105 Leader Heights Road, P.O. Box 2887
York, PA 17405-2887
www.peoplesbanknet.com
717-846-1970, 888-846-1970
$54.7 million
$52.77 million
3.66%
Full-service financial institution offering consumer-, business-banking and wealth-management services
37
NR
Sandra L. Bodnyk
Senior executive VP and chief risk officer
National Penn Bancshares Inc.
$123,146
13.42%
$405,001
NA
$608,818
$27,031
$405,001
NA
$487,585
$25,118
Philadelphia and Reading avenues, P.O. Box 547
Boyertown, PA 19512-0547
www.natpennbank.com
610-369-6196, 800-822-3321
$412.39 million
$441.49 million
-6.59%
Financial services
38
NR
John P. Jacunski
Senior VP and CFO
P.H. Glatfelter Co. dba Glatfelter
$108,837
10%
$417,536
$0
$764,820
$15,277
$398,268
$0
$677,827
$12,701
96 S. George St., Suite 500
York, PA 17401-1434
www.glatfelter.com
717-225-4711
$1.58 billion
$1.61 billion
-2.15%
Specialty paper and engineered products
39
15
Jordan B. Savitch
Senior VP and general counsel
Penn National Gaming Inc.
$107,398
4.44%
$514,424
$366,938
$1.58 million
$62,346
$497,955
$0
$1.88 million
$46,555
825 Berkshire Blvd., Suite 200
Wyomissing, PA 19610
www.pngaming.com
610-373-2400
$2.9 billion
$2.74 billion
5.73%
Owns and operates casinos, racetracks and off-track wagering facilities, including Penn National Race Course
40
NR
Craig A. Roda
Senior executive VP
Fulton Financial Corp.
$107,294
14.57%
$368,116
$0
$397,682
$77,782
$351,395
$0
$317,341
$67,550
1 Penn Square, P.O. Box 4887
Lancaster, PA 17604-4887
www.fult.com
717-291-2411, 800-385-8664
$861.09 million
$876.86 million
-1.8%
Multibank financial holding company
41
NR
Steven T. Snyder
Senior VP of corporate development
Penn National Gaming Inc.
$106,130
4.43%
$504,134
$0
$1.94 million
$61,199
$487,991
$0
$1.86 million
$45,715
825 Berkshire Blvd., Suite 200
Wyomissing, PA 19610
www.pngaming.com
610-373-2400
$2.9 billion
$2.74 billion
5.73%
Owns and operates casinos, racetracks and off-track wagering facilities, including Penn National Race Course
42
12
William R. Jellison
Former senior VP and CFO
Dentsply International Inc.
$66,662
4.48%
$427,400
$0
$1.05 million
$80,683
$417,000
$0
$1 million
$68,878
221 W. Philadelphia St., P.O. Box 872
York, PA 17405-0872
www.dentsply.com
717-845-7511, 800-877-0020
$2.93 billion
$2.54 billion
15.4%
Manufacturer of professional dental products
43
10
Christopher T. Clark
President and CFO
Dentsply International Inc.
$51,899
1.98%
$557,200
$468,000
$1.53 million
$118,264
$541,000
$0
$1.98 million
$98,023
221 W. Philadelphia St., P.O. Box 872
York, PA 17405-0872
www.dentsply.com
717-845-7511, 800-877-0020
$2.93 billion
$2.54 billion
15.4%
Manufacturer of professional dental products
44
5
William J. Clifford
Former senior VP and CFO
Penn National Gaming Inc.
$17,487
0.27%
$1.13 million
$1.21 million
$3.84 million
$276,076
$1.09 million
$0
$5.18 million
$166,747
825 Berkshire Blvd., Suite 200
Wyomissing, PA 19610
www.pngaming.com
610-373-2400
$2.9 billion
$2.74 billion
5.73%
Owns and operates casinos, racetracks and off-track wagering facilities, including Penn National Race Course
45
25
Anthony J. Buccina
Vice chairman
Bon Ton Stores Inc.
($1.31 million)
-51.6%
$850,000
$0
$362,260
$21,068
$842,500
$0
$1.69 million
$15,138
2801 E. Market St.
York, PA 17402
www.bonton.com
717-757-7660
$2.92 billion
$2.88 billion
1.2%
Department stores

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