How Karaivanov was paid
$2.8M 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.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Dimitar A. KaraivanovPresident, Chief Executive Officer and Director | $900,000 | $805,467 | $262,750 | $793,125 | $5,722 | $26,717 | $2,793,781 |
| Marya Burgio WlosEVP and Chief Financial Officer | $365,385 | $128,822 | $0 | $363,075 | $1,333 | $22,519 | $881,134 |
| Joseph E. SutarisRetired EVP and Chief Financial Officer | $263,053 | $271,947 | $88,714 | $0 | $499,340 | $27,343 | $1,150,397 |
| Maureen Gillan-MyerEVP and Chief Administration and Human Resources Officer | $433,500 | $219,312 | $71,528 | $340,190 | $23,312 | $43,158 | $1,131,000 |
| Jeffrey M. LevyRetired SVP and Chief Banking Officer | $461,250 | $251,259 | $81,959 | $298,083 | $36,049 | $40,760 | $1,169,360 |
| Michael N. AbdoEVP and General Counsel | $433,000 | $235,850 | $76,948 | $313,660 | $17,163 | $36,601 | $1,113,222 |
What changed and why
- $2.8MCEO total compensation increased to $2,793,781 in 2025 compared to $2,700,891 in 2024.
- 117.5%Management Incentive Plan annual cash awards were paid at approximately 117.5% of target for 2025.
- 16.2%Diluted earnings per share increased 16.2% to $3.97 reflecting strong operating performance.
- The company opened 15 new branches and expanded fee-based insurance and wealth management businesses.
- 96.6%The say-on-pay proposal received 96.6% support at the previous annual meeting.
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.