Banking

Beacon Financial Executive Compensation (FY25)

Name: Beacon Financial (BBT) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

BBT · Executive and director compensation, fiscal 2023 to 2025

Data as of September 7, 2026Latest filing (8-K): May 15, 2026

197 figures on this page: 186 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

Total compensation for Paul Perrault, President and Chief Executive Officer, came to $1,284,440 in fiscal 2025, and for fiscal 2025, the company reported a chief executive pay ratio of 18.6:1, against median employee compensation of $68,974. For fiscal 2025, the say-on-pay proposal drew 60.0% support at the meeting held May 13, 2026. The disclosed peer group includes Community Financial Systems, ConnectOne Bancorp, Inc., Dime Community Bancshares, Eastern Bankshares, Inc. and First Commonwealth Financial Corporation, among others. For fiscal 2025, the company reported 9 named executive officers.

Chief executive, fiscal 2025

◇

Paul Perrault

Median of the other named officers

$2,184,607

8 officers, excluding the chief executive

Latest say-on-pay support

May 13, 2026

Chief executive pay ratio

◇

To the median employee

What changed from fiscal 2024 to fiscal 2025

The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.

Chief executive of record: Nitin Mhatre → Paul Perrault

CEO pay ratio: 44:1 → 18.6:1 (57.7% lower)

Frequently asked questions

Answers drawn from the data on this page.

Who is Beacon Financial's chief executive and what were they paid?

Total compensation for Paul Perrault, President and Chief Executive Officer, came to $1,284,440 in fiscal 2025.

What was Beacon Financial's say-on-pay result?

For fiscal 2025, the say-on-pay proposal drew 60.0% support at the meeting held May 13, 2026.

Which companies are in Beacon Financial's peer group?

The disclosed peer group includes Community Financial Systems, ConnectOne Bancorp, Inc., Dime Community Bancshares, Eastern Bankshares, Inc. and First Commonwealth Financial Corporation, among others.

What is Beacon Financial's chief executive pay ratio?

For fiscal 2025, the company reported a chief executive pay ratio of 18.6:1, against median employee compensation of $68,974.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Nitin Mhatre President, Chief Executive Officer, and Director	◇	—	◇	—	◇	—	◇	◇
Sean Gray Senior Executive Vice President, Chief Operating Officer	◇	—	◇	—	◇	—	◇	◇
R. David Rosato Senior Executive Vice President, Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇
James Brown Senior Executive Vice President, Head of Commercial Banking	◇	—	◇	—	◇	—	◇	◇
Gregory Lindenmuth Senior Executive Vice President, Chief Risk Officer	◇	—	◇	—	◇	—	◇	◇
Brett Brbovic Senior Managing Director, Former Interim Chief Financial Officer Departed during or after this year Served on an interim basis	◇	—	◇	—	◇	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Nitin Mhatre Former Chief Executive Officer, Berkshire	◇	—	◇	—	◇	—	◇	◇
Sean Gray Chief Operations Officer	◇	—	◇	—	◇	—	◇	◇
James Brown Former Head of Commercial, Berkshire	◇	—	◇	—	◇	—	◇	◇
Gregory Lindenmuth Former Chief Risk Officer, Berkshire	◇	—	◇	—	◇	—	◇	◇
Brett Brbovic Former Chief Financial Officer, Berkshire	◇	—	◇	—	◇	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Nitin Mhatre Former Chief Executive Officer, Berkshire Hills Bancorp, Inc. Departed during or after this year	◇	—	—	—	—	—	◇	◇
James Brown Former Head of Commercial Banking, Berkshire Hills Bancorp, Inc. Departed during or after this year	◇	—	—	—	—	—	◇	◇
Sean Gray Chief Operations Officer	◇	◇	—	—	◇	—	◇	◇
Jacqueline Courtwright Chief Human Resources Officer	◇	◇	—	—	◇	—	◇	◇
Gregory Lindenmuth Former Chief Risk Officer, Berkshire Hills Bancorp, Inc. Departed during or after this year	◇	◇	—	—	—	—	◇	◇
Gordon Prescott General Counsel and Corporate Secretary	◇	◇	—	—	◇	—	◇	◇
Brett Brbovic Former Chief Financial Officer, Berkshire Hills Bancorp, Inc. Departed during or after this year	◇	◇	—	—	—	—	◇	◇
Paul Perrault President and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
Carl Carlson Chief Financial & Strategy Officer	◇	—	◇	—	◇	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Carl M. Carlson	RSU	◇	—	—	◇	—	—	◇
Paul A. Perrault	RSU	◇	—	—	◇	—	—	◇

Fiscal 2023 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Carl Carlson	RSU	◇	◇	—	—
Paul Perrault	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
David M. Brunelle Board chair	◇	—	—	—	—	◇	◇
Sylvia Maxfield	◇	—	—	—	—	◇	◇
Nina A. Charnley	◇	—	—	—	—	◇	◇
Eric S. Rosengren	◇	—	—	—	—	◇	◇
Mary Anne Callahan	◇	—	—	—	—	◇	◇
Karyn Polito	◇	—	—	—	—	◇	◇
William H. Hughes III	◇	—	—	—	—	◇	◇
Mihir A. Desai	◇	—	—	—	—	◇	◇
Thomas J. Hollister	◇	—	—	—	—	—	◇
Bogdan Nowak	◇	—	—	—	—	—	◇
Margaret Boles Fitzgerald	◇	—	—	—	—	—	◇
Willard I. Hill, Jr	◇	—	—	—	—	—	◇
John M. Pereira	◇	—	—	—	—	—	◇
Merrill W. Sherman	◇	—	—	—	—	—	◇
Joanne B. Chang	◇	—	—	—	—	—	◇
Willard I. Hill Jr	◇	—	—	—	—	—	◇

Paul A. Perrault served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board chair premium	◇
Audit committee chair	◇
Audit committee member	◇
Compensation committee chair	◇
Nominating and governance chair	◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

Community Financial Systems CBU
ConnectOne Bancorp, Inc. CNOB
Dime Community Bancshares DCOM
Eastern Bankshares, Inc. EBC
First Commonwealth Financial Corporation FCF
Flushing Financial Corporation FFIC
Independent Bank Corp. INDB
NBT Bancorp, Inc. NBTB
Northwest Bancshares, Inc. NWBI
OceanFirst Financial Corp. OCFC
Park National Corporation PRK
Provident Financial Services, Inc. PFS
S&T Bancorp, Inc. STBA
Tompkins Financial Corporation TMP
Univest Financial Corporation UVSP
Washington Trust Bancorp, Inc. WASH

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	May 13, 2026	=	◇	◇	◇
2024	May 21, 2025	=	◇	◇	◇
2023	May 16, 2024	=	◇	◇	◇
2022	May 18, 2023	=	◇	◇	◇
2021	May 20, 2022	=	◇	◇	◇
2020	May 20, 2021	=	◇	◇	◇
2019	May 14, 2020	=	◇	◇	◇
2018	May 16, 2019	=	◇	◇	◇
2017	May 17, 2018	=	◇	◇	◇
2016	May 18, 2017	=	◇	◇	◇
2015	May 5, 2016	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

What this page does not include

Everything above is a fact Beacon Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Beacon Financial sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $1,500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $1,500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $1,200

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

Velarion Intelligence

Say-on-pay responsiveness

Beacon Financial recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.

Responsiveness analysis

Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

Enquire about access

Multiple companies at once

Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

Velarion Intelligence

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

197 figures on this page: 186 cited to the filing that reported them, 11 calculated from figures it prints.

186 cited to the filing

11 calculated from the filing

Documents cited

8-K, filed May 15, 2026
0001104659-26-062720
DEF 14A, filed April 2, 2026
0001628280-26-022949
CEO Pay Ratio · Cash Retainer for Non-Employee Directors · DIRECTOR COMPENSATION · Grants of Plan-Based Awards · and 2 more sections
8-K, filed May 22, 2025
0000943374-25-000227
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 17, 2024
0000943374-24-000183
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 5, 2024
0001108134-24-000006
Summary Compensation Table
8-K, filed May 19, 2023
0001104659-23-062570
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 20, 2022
0000943374-22-000176
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 21, 2021
0001104659-21-070500
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 15, 2020
0000943374-20-000267
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 17, 2019
0001144204-19-026966
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 18, 2018
0001144204-18-029823
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 24, 2017
0001571049-17-005325
8-K, filed May 6, 2016
0001104659-16-118779
Item 5.07 Submission of Matters to a Vote of Security Holders

Cite this data

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Velarion, “Beacon Financial executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/BBT (accessed 2026).

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Banking rankings

Chief executive pay — Banking CEO pay ratio — Banking Say-on-pay support — Banking

Peers Beacon Financial discloses

The companies named in BBT's own disclosed peer group.

Community Financial Systems ConnectOne Bancorp, Inc.Dime Community Bancshares Eastern Bankshares, Inc.First Commonwealth Financial Corporation Flushing Financial Corporation Independent Bank Corp.NBT Bancorp, Inc.Northwest Bancshares, Inc.OceanFirst Financial Corp.Park National Corporation Provident Financial Services, Inc.S&T Bancorp, Inc.Tompkins Financial Corporation Univest Financial Corporation Washington Trust Bancorp, Inc.

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}