The charts on this page feature a breakdown of the total annual pay for the top executives at ARROW FINANCIAL CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. ARROW FINANCIAL CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. ARROW FINANCIAL CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
David S. DeMarco
Senior Executive Vice President and CBO
Total Cash $522,246 Equity $24,250 Other $32,522 Total Compensation $579,018
David D. Kaiser
Senior Executive Vice President and CCO
Total Cash $429,243 Equity $24,250 Other $30,354 Total Compensation $483,847
Edward J. Campanella
Senior Executive Vice President, Treasurer and CFO
Total Cash $429,243 Equity $24,250 Other $37,052 Total Compensation $490,545
Andrew J. Wise
Senior Executive Vice President and COO
Total Cash $429,243 Equity $24,250 Other $37,363 Total Compensation $490,856
Thomas J. Murphy
President and CEO
Total Cash $1,030,229 Equity $187,797 Other $19,121 Total Compensation $1,237,147
For its 2021 fiscal year, ARROW FINANCIAL CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Thomas J. Murphy CEO Pay $2,146,089 Median Employee Pay $50,278 CEO Pay Ratio 43:1
For its 2021 fiscal year, ARROW FINANCIAL CORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Colin L. Read Total Cash $66,850
David G. Kruczlnicki Total Cash $65,149
Elizabeth A. Miller Total Cash $59,850
Gary C. Dake Total Cash $61,850
Gregory J. Champion Total Cash $48,095
Mark L. Behan Total Cash $58,850
Michael B. Clarke Total Cash $59,850
Raymond F. O'Conor Total Cash $62,350
Richard J. Reisman, D.M.D. Total Cash $26,320
Tenée R. Casaccio Total Cash $64,350
Thomas L. Hoy Total Cash $74,850
William L. Owens Total Cash $58,850

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.