How Simard was paid
$1.9M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Curtis C. SimardPresident & CEO | $760,000 | $494,000 | $627,000 | $44,946 | $1,925,946 |
| Josephine IannelliEVP, CFO and Treasurer | $487,000 | $194,800 | $292,200 | $39,430 | $1,013,430 |
| John M. MercierEVP, Chief Lending Officer | $361,000 | $126,350 | $216,600 | $45,449 | $749,399 |
| Marion ColomboEVP, Chief Retail Officer | $361,000 | $126,350 | $189,525 | $34,310 | $711,185 |
| Jason EdgarPresident, Wealth | $358,000 | $125,300 | $187,950 | $23,411 | $694,661 |
What changed and why
- 3%Approved 3% base salary increases for all named executive officers.
- 150%Paid annual cash incentives at 150% of target based on performance.
- 123.2%Approved the vesting of 2022-2024 performance-based restricted stock units at 123.2% of target.
- $1.9MCurtis C. Simard received total compensation of $1,925,946 for fiscal 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.