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

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. EASTERN BANKSHARES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. EASTERN BANKSHARES INC 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
Robert F. Rivers
Chief Executive Officer and Chair of the Board of Directors
Total Cash $3,429,326 Equity $820,870 Other $47,607 Total Compensation $4,297,803
Quincy L. Miller
President
Total Cash $1,456,942 Equity $292,046 Other $41,241 Total Compensation $1,790,229
James B. Fitzgerald
Chief Administrative Officer, Chief Financial Officer and Treasurer
Total Cash $1,706,942 Equity $292,046 Other $52,575 Total Compensation $2,051,563
Kathleen C. Henry
General Counsel and Corporate Secretary
Total Cash $1,114,428 Equity $152,935 Other $38,861 Total Compensation $1,306,224
Donald M. Westermann
Chief Information Officer
Total Cash $928,546 Equity $152,935 Other $37,340 Total Compensation $1,118,821
Timothy J. Lodge
President & CEO, EIG
Total Cash $2,544,186 Equity $118,943 Other $56,519 Total Compensation $2,719,648
For its 2023 fiscal year, EASTERN BANKSHARES INC, 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
Robert F. Rivers CEO Pay $4,915,097 Median Employee Pay $88,972 CEO Pay Ratio 55:1
For its 2023 fiscal year, EASTERN BANKSHARES INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Bari A. Harlam Total Cash $176,577
Deborah C. Jackson Total Cash $217,327
Diane S. Hessan Total Cash $170,827
Joseph T. Chung Total Cash $190,577
Linda M. Williams Total Cash $10,000
Luis Borgen Total Cash $168,827
Marisa J. Harney Total Cash $10,250
Paul D. Spiess Total Cash $188,577
Paul M. Connolly Total Cash $193,577
Peter K. Markell Total Cash $204,077
Richard C. Bane Total Cash $209,327
Richard E. Holbrook Total Cash $164,077

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.