Arrow Financial: Pay

Arrow Financial paid its 6 named executives $4.2M in total in FY2024 (Dec). CEO David S. DeMarco was paid $1.2M of that.

Pay$100 in the stock at the end of FY20 → $128
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

David S. DeMarcoPresident and CEO
FY2024 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
3 years
Penko IvanovSEVP, CFO, Treasurer and CAO
FY2024 (Dec)
1 year
Andrew J. WiseSEVP, CRO and Corporate Secretary
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
4 years
Marc J. Yrsha, SEVP and CBO
FY2024 (Dec)
1 year

CEO pay against the pay peers

No CEO pay of the disclosed peers is on file for FY2023 (Dec).

  1. 1Arrow Financial
  2. 2Bangor Savings BankNot disclosed
  3. 3Bar Harbor Bank & TrustNot disclosed
  4. 4Bristol County Savings BankNot disclosed
  5. 5Brookline BancorpNot disclosed
  6. 6Cambridge Savings BankNot disclosed
  7. 7Camden NationalNot disclosed
  8. 8Cape Cod 5Not disclosed
  9. 9Coastal1 Credit UnionNot disclosed
  10. 10Columbia BankNot disclosed
  11. 11Eastern BankNot disclosed
  12. 12Five Star BankNot disclosed
  13. 13HarborOne BankNot disclosed
  14. 14Hudson Valley Credit UnionNot disclosed
  15. 15Institution for SavingsNot disclosed
  16. 16Kearny BankNot disclosed
  17. 17Leader Bank, N.ANot disclosed
  18. 18Metro City BankNot disclosed
  19. 19Middlesex Savings BankNot disclosed
  20. 20Navigant Credit UnionNot disclosed
  21. 21Northwest BancsharesNot disclosed
  22. 22OceanFirst BankNot disclosed
  23. 23PeoplesBankNot disclosed
  24. 24Ridgewood Savings BankNot disclosed
  25. 25Rockland Trust CompanyNot disclosed
  26. 26Salem Five BankNot disclosed
  27. 27The Washington Trust CompanyNot disclosed
  28. 28Union Savings BankNot disclosed
  29. 29United Nations Federal Credit UnionNot disclosed
  30. 30Visions Federal Credit UnionNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.