Burke & Herbert Financial Services (BHRB) executive compensation, 2026 proxy

David P. Boyle, Chair and Chief Executive Officer, was paid $3M in 2025, up 5% from $2.9M the year before. The CEO-to-median-employee pay ratio was 53:1, on median employee pay of $57,185.

Filed
April 30, 2026
Annual meeting
June 18, 2026
Pay year
2025
Named executives
5
CEO total pay
$3M+5% vs prior year
CEO to median employee
53:1median $57,185
CEO pay in equity
27%$806,887 in awards
Net Income
$116.4MApplicable to common shares
Diluted EPS
$7.72Per common share
Pay Ratio
53:1CEO to median employee
Median Employee Pay
$57,185Annual total compensation
Total Liquidity
$4.8BAt end of 2025

How Boyle was paid

$3M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary29%Stock awards27%Non-equity incentive35%Pension and deferred comp1%All other compensation9%

Named executive officers

ExecutiveTotal
David P. BoyleChair and Chief Executive Officer$3,014,541
Roy E. HalyamaExecutive Vice President - Chief Financial Officer$1,425,695
H. Charles Maddy, IIIDirector and President$1,695,090
Bradford E. RitchieExecutive Vice President - Chief Lending Officer$1,015,069
Robert S. TissueExecutive Vice President - Head of Balance Sheet Strategy$915,569

What changed and why

  • $3MDavid P. Boyle received total compensation of $3,014,541 for fiscal 2025, representing an increase from the prior year.
  • $116.4MThe company achieved net income applicable to common shares of $116.4 million for the 2025 fiscal year.
  • Executive compensation elements include base salary, merger incentive plan awards, annual cash incentives, and long-term equity.
  • $57,185The CEO to median employee pay ratio for fiscal 2025 was 53 to one based on a median employee pay of $57,185.

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.