How Sheahan was paid
$5.1M 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 | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Robert F. RiversExecutive Chair and Chair of the Board of Directors | $995,000 | $1,480,480 | $1,094,500 | $764,265 | $98,448 | $4,432,693 |
| Denis K. SheahanChief Executive Officer | $800,000 | $3,371,297 | $792,000 | $57,087 | $49,483 | $5,069,867 |
| Quincy L. MillerPresident and Chief Operating Officer | $650,000 | $741,489 | $536,250 | $275,104 | $70,697 | $2,273,540 |
| R. David RosatoChief Financial Officer | $550,000 | $545,565 | $393,250 | $49,916 | $28,782 | $1,567,513 |
| Donald M. WestermannChief Information Officer | $496,667 | $785,660 | $430,000 | $265,825 | $57,601 | $2,035,753 |
What changed and why
- $5.1MDenis K. Sheahan total compensation for 2025 was $5,069,867 as the Chief Executive Officer.
- $2.3MMr. Sheahan received a one-time RSU grant of $2.3 million following the Cambridge Trust merger.
- $500KMr. Westermann received a one-time RSU grant of $500,000 for his expanded leadership role.
- 94.2%Shareholders approved the executive compensation program with 94.2% support at the 2025 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.