BBT · Beacon Financial Corp

$30.15 +0.16 (+0.53%) At close · Jul 24

Market Cap

$2.53B

83.82M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Nitin Mhatre	CEO	$567,800	—	—	—	—	$7,975,050	$8,542,850
James Brown	Former Head of Commercial, Berkshire	$319,600	—	—	—	—	$2,746,895	$3,066,495
Sean A. Gray	Chief Operations Officer	$595,680	$100,000	—	—	$469,635	$1,654,054	$2,819,369
Jacqueline Courtwright	Chief Human Resources Officer	$340,933	$30,000	—	—	$204,560	$1,646,706	$2,222,199
Gregory Lindenmuth	Chief Risk Officer	$241,638	$10,000	—	—	—	$1,895,376	$2,147,014
Wm. Gordon Prescott	General Counsel and Corporate Secretary	$320,667	$60,000	—	—	$192,400	$1,551,599	$2,124,666
Brett Brbovic	CFO	$221,000	$40,000	—	—	—	$1,686,395	$1,947,395
Paul Perrault	CEO	$333,333	—	$452,684	—	$242,500	$255,923	$1,284,440
Carl M. Carlson	Chief Financial & Strategy Officer	$199,000	—	$199,024	—	$115,850	$54,397	$568,271

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Nitin Mhatre	CEO	$835,000	—	$886,410	—	$704,970	$236,570	$2,662,950
Sean A. Gray	Chief Operations Officer	$584,000	—	$501,885	—	$394,445	$310,642	$1,790,972
James Brown	Former Head of Commercial, Berkshire	$470,000	—	$377,788	—	$290,933	$37,452	$1,176,173
Gregory Lindenmuth	Chief Risk Officer	$355,350	—	$161,681	—	$180,008	$26,875	$723,914
Brett Brbovic	CFO	$293,071	—	$165,018	—	$109,922	$24,642	$592,653

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Nitin Mhatre	CEO	$835,000	—	$905,934	—	$584,542	$307,905	$2,633,381
Sean A. Gray	COO	$584,000	—	$516,664	—	$327,063	$167,736	$1,595,463
R. David Rosato	CFO	$432,692	—	$200,000	—	$256,685	$94,503	$983,880
James Brown	Former Head of Commercial, Berkshire	$430,231	—	$150,000	—	$241,284	$20,154	$841,669
Gregory Lindenmuth	Chief Risk Officer	$355,350	—	$160,000	—	$149,258	$16,351	$680,959
Brett Brbovic	CFO	$253,575	—	$111,274	—	$59,172	$12,163	$436,184

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Nitin Mhatre	CEO	$775,000	—	$813,751	—	$871,875	$148,974	$2,609,600
Sean A. Gray	COO	$566,500	—	$577,851	—	$509,850	$166,652	$1,820,853
Subhadeep Basu	CFO	$357,308	—	$359,938	—	—	$248,005	$965,251
George F. Bacigalupo	Senior Executive Vice President, Commercial Banking	$390,000	—	$278,876	—	$263,250	$29,930	$962,056
Gregory Lindenmuth	Chief Risk Officer	$345,000	—	$165,625	—	$155,250	$15,534	$681,409
Brett Brbovic	CFO	$245,000	—	$32,019	—	$75,000	$6,851	$358,870

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Nitin Mhatre	CEO	$644,135	—	$688,766	—	$815,625	$144,326	$2,292,852
Sean A. Gray	COO	$550,000	—	$574,895	—	$495,000	$193,561	$1,813,456
George F. Bacigalupo	Senior Executive Vice President, Commercial Banking	$375,000	—	$225,007	—	$253,125	$27,943	$881,075
Subhadeep Basu	CFO	$325,808	—	$100,000	—	$290,250	$13,059	$729,117
Gregory Lindenmuth	Chief Risk Officer	$300,000	—	$120,006	—	$135,000	$14,648	$569,654
Deborah A. Stephenson	Executive Vice President, Chief Compliance and Regulatory Officer	$275,000	—	$110,008	—	$123,750	$13,794	$522,552
James M. Moses	CFO	$107,500	—	$258,001	—	—	$13,771	$379,272

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Richard M. Marotta	CEO	$465,577	—	$708,750	—	—	$4,126,799	$5,301,126
Sean A. Gray	COO	$621,500	—	$500,027	—	$201,988	$169,938	$1,493,453
James M. Moses	CFO	$430,000	—	$360,018	—	$96,750	$45,275	$932,043
George F. Bacigalupo	Senior Executive Vice President, Commercial Banking	$375,000	—	—	—	$84,375	$80,695	$540,070
Gregory Lindenmuth	Chief Risk Officer	$300,000	—	$160,024	—	$45,000	$19,214	$524,238
Tami Gunsch	Senior Executive Vice President, Consumer Banking	$300,000	—	$130,003	—	$45,000	$14,860	$489,863

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Richard M. Marotta	CEO	$675,000	—	$804,003	—	$206,550	$446,602	$2,132,155
Sean A. Gray	COO	$550,000	—	$500,008	—	$124,000	$178,998	$1,353,006
James M. Moses	CFO	$400,000	—	$250,108	—	$105,000	$38,751	$793,859
George F. Bacigalupo	Senior Executive Vice President, Commercial Banking	$375,000	—	$225,010	—	$115,000	$51,463	$766,473
Gregory Lindenmuth	Chief Risk Officer	$300,000	—	$150,016	—	$36,750	$12,949	$499,715

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Richard M. Marotta	CEO	$542,324	—	$375,032	—	$381,108	$186,013	$1,484,477
Sean A. Gray	CEO	$461,225	—	$300,033	—	$287,448	$104,053	$1,152,759
James M. Moses	CFO	$375,000	—	$200,034	—	$209,571	$35,499	$820,104
George F. Bacigalupo	Senior Executive Vice President, Commercial Banking	$350,000	—	$80,006	—	$195,599	$55,425	$681,030

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Richard M. Marotta	CEO	$500,000	—	$325,034	—	$400,000	$206,370	$1,431,404
Sean A. Gray	COO	$425,000	—	$250,023	—	$300,000	$79,375	$1,054,398
James M. Moses	CFO	$350,000	—	$175,013	—	$241,500	$22,059	$788,572
George F. Bacigalupo	Senior Executive Vice President, Commercial Banking	$350,000	—	$120,017	—	$120,000	$43,755	$633,772

Key facts CIK 1108134 CUSIP 084680107 13F (30d) 45 filings 45 filers Visit website Investor relations