Washington Trust Bancorp (WASH) executive compensation, 2026 proxy

Edward O. Handy III, Chairman and Chief Executive Officer of the Corporation and Bank, was paid $1.9M in 2025, up 9% from $1.7M the year before. The CEO-to-median-employee pay ratio was 19:1, on median employee pay of $91,949.

Filed
March 17, 2026
Annual meeting
April 28, 2026
Pay year
2025
Named executives
5
CEO total pay
$1.9M+9% vs prior year
CEO to median employee
19:1median $91,949
CEO pay in equity
26%$486,868 in awards
Prior say-on-pay support
94%of votes cast
2025 Net Income
$52.2MSignificant improvement from prior year
Total Employees
661Located entirely in the United States
Say-on-Pay Support
94%From the 2025 annual meeting

How III was paid

$1.9M 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.

Salary43%Stock awards26%Non-equity incentive24%All other compensation7%

Named executive officers

ExecutiveTotal
Edward O. Handy IIIChairman and Chief Executive Officer of the Corporation and Bank$1,864,227
Mary E. NoonsPresident and Chief Operating Officer of the Corporation and Bank$993,923
Ronald S. OhsbergSenior Executive Vice President, Chief Financial Officer and Treasurer$758,132
Kathleen A. RyanExecutive Vice President and Chief Wealth Management Officer$788,477
Rolando A. LoraExecutive Vice President, Chief Retail Lending Officer$694,581

What changed and why

  • $1.9MCEO total compensation increased to $1,864,227 in fiscal 2025 from $1,706,254 in fiscal 2024.
  • $52.2MNet income totaled $52.2 million in 2025 following a balance sheet restructuring.
  • 94%Shareholders voted 94% in favor of say-on-pay 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.