UNB · Union Bankshares Inc · Executive Compensation
Market Cap
$116.72M
Shares
4.95M
Volume · Oct 5
4509
Avg daily vol (3M)
5770
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 | Total |
|---|---|---|
| David S. Silverman | President and CEO | $860,469 |
| Karyn J. Hale | EVP, CFO and COO | $474,354 |
| Jonathan J. Gould | EVP, Senior Commercial Lender, Union Bank | $445,366 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| David S. Silverman | President and CEO | $807,422 |
| Karyn J. Hale | EVP, CFO and COO | $405,743 |
| Jonathan J. Gould | EVP, Senior Commercial Lender, Union Bank | $401,708 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| David S. Silverman | President and CEO | $713,692 |
| Karyn J. Hale | EVP, CFO and COO | $368,289 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| David S. Silverman | President and CEO | $789,013 |
| Karyn J. Hale | EVP, CFO and Treasurer | $364,543 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| David S. Silverman | President and CEO | $740,688 |
| Karyn J. Hale | EVP, CFO and Treasurer | $350,911 |
| Jeffrey G. Coslett | EVP, CAO | $279,755 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| David S. Silverman | President and CEO | $754,652 |
| Karyn J. Hale | EVP, CFO and Treasurer | $339,637 |
| Jeffrey G. Coslett | EVP, CAO | $257,698 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| David S. Silverman | President and CEO | $608,748 |
| Karyn J. Hale | Chief Financial Officer | $271,983 |
| Jeffrey G. Coslett | EVP, CAO | $216,138 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| David S. Silverman | President and CEO | $519,987 |
| Karyn J. Hale | Chief Financial Officer | $202,824 |
| Jeffrey G. Coslett | EVP, Human Resource and Branch Administration | $187,543 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Patricia Hogan | Senior Risk Officer | Retired | 2026-07-16 |
| Mitchell Kent | Senior Risk Officer | Appointed | 2026-07-16 |
| Carrie R. Locklin | Chief Financial Officer | Appointed | 2026-07-16 |
| Timothy W. Sargent | Vice Chair and Lead Independent Director | Appointed | 2026-05-21 |
| David S. Silverman | Board Chair | Appointed | 2026-05-21 |
| Cornelius J. Van Dyke | director and Board Chair | Retired | 2026-05-21 |
| Jeffery F. Weidley | Board of Directors of the Bank | Appointed | 2026-02-26 |
| David S. Silverman | Chief Executive Officer ("CEO") of the Company and the Bank | Retired | 2026-02-26 |
| Jeffery F. Weidley | President and Chief Executive Officer | Appointed | 2026-02-26 |
| Joel S. Bourassa | director | Retired | 2025-08-13 |
| Carrie R. Locklin | Chief Accounting Officer of Union Bank | Appointed | 2025-04-07 |
| Karyn J. Hale | Chief Operating Officer of Union Bank | Appointed | 2025-04-07 |