Washington Trust Bancorp CEO John Warren's 2008 pay rises 4% to $1.3M

Washington Trust Bancorp reports 2008 executive compensation

By ExecPay News

Published: March 14, 2011

Washington Trust Bancorp reported fiscal year 2008 executive compensation information on March 14, 2011.
In 2008, six executives at Washington Trust Bancorp received on average a compensation package of $636K, a 12% decrease compared to previous year.
Average pay of disclosed executives at Washington Trust Bancorp
John C. Warren, Chief Executive Officer, received $1.3M in total, which increased by 4% compared to 2007. 37% of Warren's compensation, or $483K, was in salary. Warren also received $1.9K in bonus, $411K of change in pension value and nonqualified deferred compensation earnings, $152K in non-equity incentive plan, $203K in stock awards, as well as $38K in other compensation.
John F. Treanor, Chief Operating Officer, received a compensation package of $941K, which increased by 25% compared to previous year. 39% of the compensation package, or $367K, was in salary.
Galan G. Daukas, Executive Vice President, Wealth Management, earned $724K in 2008, a 26% increase compared to previous year.
David V. Devault, Chief Financial Officer, received $487K in 2008, which increases by 50% compared to 2007.
James M. Vesey, Executive Vice President and Chief Credit Officer, earned $321K in 2008.
Brenda H. Senak, Senior Vice President, Risk Management, received $52K in 2008.

Related executives

David Devault

Washington Trust Bancorp

Chief Financial Officer

Galan Daukas

Washington Trust Bancorp

Former Executive Vice President, Wealth Management of the Corporation and the Bank

James Vesey

Washington Trust Bancorp

Executive Vice President and Chief Credit Officer

John Warren

Washington Trust Bancorp

Chief Executive Officer

Brenda Senak

Washington Trust Bancorp

Senior Vice President, Risk Management

John Treanor

Washington Trust Bancorp

Chief Operating Officer

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Source: SEC filing on March 14, 2011.