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Fame Burst

Luke Latimer Net Worth

Author

William Smith

Updated on March 22, 2026

Luke Latimer biography

Luke A. Latimer serves as Independent Director of the Company. He is Chairman, Chief Executive Officer and Treasurer of R&L Development, a heavy construction company in New Alexandria, Pennsylvania. He previously served as Executive Vice President and Treasurer of R&L Development from 1999 to October 2015. Mr. Latimer has also served as Vice President and Treasurer of Derry International LTD, Incorporated, a mining company based in New Alexandria, Pennsylvania, since 1999, and is a General Partner of SML Limited Partnership, a real estate holding and development partnership in New Alexandria, Pennsylvania. Mr. Latimer joined our Board in April 2011. He also serves as a director of First Commonwealth Bank and is a member of our Governance Committee and the Credit Committee of First Commonwealth Bank. Mr. Latimer has served as a Director and Compensation Committee member of First Western Financial, Inc., a bank holding company in Denver, Colorado, since July 2015, and previously served as Chairman of the Board of Directors of First National Bank of Santa Fe and a director of New Mexico Banquest Corporation, a bank and bank holding company in Santa Fe, New Mexico, until May 2013. He earned a Bachelor of Science degree in Business Management from Saint Vincent College. His qualifications for service as a director include his extensive business experience and his years of service as a director in the financial services industry.

What is the salary of Luke Latimer?

As the Independent Director of First Commonwealth, the total compensation of Luke Latimer at First Commonwealth is $72,000. There are 20 executives at First Commonwealth getting paid more, with Thomas Price having the highest compensation of $1,100,200.