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Brookline Bancorp Executive Compensation (FY23)

BRKL · Executive and director compensation, fiscal 2022 to 2023
Chief executive, fiscal 2023
◇
Paul Perrault
Latest say-on-pay support
=
May 8, 2024
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Data as of October 17, 2026Latest filing (8-K): May 10, 2024
10 filings cited on this page
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269 figures on this page: 260 cited to the filing that reported them, 9 calculated from figures it prints. See the citations

More on Brookline Bancorp

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2022 to fiscal 2023
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Paul Perrault: $2,516,262 → $2,320,530 (7.8% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Brookline Bancorp's chief executive and what were they paid?
Paul Perrault was paid $2,320,530 in total compensation as Chairman and Chief Executive Officer for fiscal 2023. Perrault's total was 7.8% lower than the $2,516,262 reported for fiscal 2022.
What was Brookline Bancorp's say-on-pay result?
For fiscal 2023, shareholders backed the say-on-pay proposal with 95.2% of votes cast for or against in favor at the meeting held May 8, 2024.
Which companies are in Brookline Bancorp's peer group?
The disclosed peer group names Berkshire Hills Bancorp, Inc., Community Bank Systems, N.A., ConnectOne Bancorp, Inc., Dime Community Bancshares and Eagle Bancorp, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Paul Perrault
Chairman and Chief Executive Officer
◇◇◇—◇—◇◇
Michael McCurdy
Co-President, Chief Operating Officer
◇◇◇—◇—◇◇
Carl Carlson
Co-President and Chief Financial & Strategy Officer
◇◇◇—◇—◇◇
Darryl Fess
President and Chief Executive Officer, Brookline Bank
◇◇◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Paul Perrault
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Carl Carlson
Co-President and Chief Financial & Strategy Officer
◇—◇—◇—◇◇
Michael McCurdy
Co-President, Chief Operating Officer
◇—◇—◇—◇◇
Darryl Fess
President and Chief Executive Officer, Brookline Bank
◇—◇—◇—◇◇
Mark Meiklejohn
Chief Credit 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 2023
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Carl M. CarlsonRSU◇——◇——◇
Carl M. CarlsonPSU◇◇◇—◇—◇
Darryl J. FessPSU◇◇◇—◇—◇
Darryl J. FessRSU◇——◇——◇
Mark J. MeiklejohnPSU◇◇◇—◇—◇
Mark J. MeiklejohnRSU◇——◇——◇
Michael W. McCurdyPSU◇◇◇—◇—◇
Michael W. McCurdyRSU◇——◇——◇
Paul A. PerraultPSU◇◇◇—◇—◇
Paul A. PerraultRSU◇——◇——◇
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 2023 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Darryl FessRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Michael McCurdyPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Mark MeiklejohnPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Paul PerraultRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Carl CarlsonRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Carl Carlson
Co-President and Chief Financial & Strategy Officer · Terms as described in the company’s compensation discussion · citing a 2024 filing
Severance multiple◇
Equity acceleration on change in control◇
Benefits continuation◇
Darryl Fess
President and Chief Executive Officer, Brookline Bank · Terms as described in the company’s compensation discussion · citing a 2024 filing
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Mark Meiklejohn
Chief Credit Officer · Terms as described in the company’s compensation discussion · citing a 2024 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Michael McCurdy
Co-President, Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2024 filing
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Paul Perrault
Chairman and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2024 filing
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2023
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Joseph J. Slotnik
Lead independent director
◇◇————◇
Peter O. Wilde
◇◇————◇
Thomas J. Hollister
◇◇————◇
Bogdan Nowak
◇◇————◇
Willard I. Hill
◇◇————◇
Margaret Boles Fitzgerald
◇◇————◇
John J. Doyle
◇◇————◇
Merrill W. Sherman
◇◇————◇
John J. Doyle Jr
◇◇————◇
David C. Chapin
◇◇————◇
John M. Pereira
◇◇————◇
John L. Hall
◇◇————◇
Charles H. Peck
◇◇————◇
Willard I. Hill Jr
◇◇————◇
John A. Hackett
◇◇——◇—◇
Joanne B. Chang
◇◇————◇
John L. Hall, II
◇◇————◇
Paul A. Perrault served on the board in fiscal 2023 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
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 equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
  • Berkshire Hills Bancorp, Inc. BHLB
  • Community Bank Systems, N.A. symbol not shown
  • ConnectOne Bancorp, Inc. CNOB
  • Dime Community Bancshares DCOM
  • Eagle Bancorp, Inc. EGBN
  • Eastern Bankshares, Inc. EBC
  • First Commonwealth Financial Corporation FCF
  • Flushing Financial Corporation FFIC
  • Independent Bank Corp. INDB
  • Kearny Financial Corp. KRNY
  • Lakeland Bancorp, Inc. LBAI
  • NBT Bancorp, Inc. NBTB
  • Northfield Bancorp, Inc. NFBK
  • OceanFirst Financial Corp. OCFC
  • Peapack Gladstone Financial Corporation PGC
  • Provident Financial Services, Inc. PFS
  • S&T Bancorp, Inc. STBA
  • Sandy Spring Bancorp, Inc. SASR
  • Tompkins Financial Corporation TMP
  • TrustCo Bank Corp NY TRST
  • Univest Financial Corporation UVSP
  • Washington Trust Bancorp, Inc. WASH
  • WSFS Financial Corp. WSFS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2023May 8, 2024=◇◇◇
2022May 10, 2023=◇◇◇
2021May 13, 2022=◇◇◇
2020May 12, 2021=◇◇◇
2019May 13, 2020=◇◇◇
2018May 15, 2019=◇◇◇
2017May 16, 2018=◇◇◇
2016May 10, 2017=◇◇◇
2015May 4, 2016=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- Paul Perrault (Chairman and Chief Executive Officer), FY2023 total compensation $2,320,530 (base salary $940,000) [exec_comp, SEC accession 0001049782-24-000017, filed 2024-03-29]

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What this page does not include

Everything above is a fact Brookline Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Brookline Bancorp 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 — $499
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.
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Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
269 figures on this page: 260 cited to the filing that reported them, 9 calculated from figures it prints.
260 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001171843-24-002762
    522,814 136,143 9,051,814 (3) Approval, on a non-binding advisory basis, of the compensation of the Company’s named executive officers: For Against Abstain Broker Non-Votes
  2. 0001049782-24-000017
    Compensation Discussion and Analysis · DIRECTOR COMPENSATION · Director Compensation · Grants of Plan-Based Awards · and 1 more section
  3. 0001171843-23-003259
    388,118 175,130 9,325,877 (3) Approval, on a non-binding advisory basis, of the compensation of the Company’s named executive officers: For Against Abstain Broker Non-Votes
  4. 0001171843-22-003677
  5. 0001104659-21-065647
  6. 0001171843-20-003756
  7. 0001104659-19-029988
  8. 0001104659-18-034005
  9. 0001171843-17-002973
  10. 0001104659-16-118711
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Brookline Bancorp executive compensation, FY2022–FY2023.” https://intel.velarion.ai/comp/BRKL (accessed 2026).
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The paid brief for Brookline Bancorp

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Brookline Bancorp discloses

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

Berkshire Hills Bancorp, Inc.ConnectOne Bancorp, Inc.Dime Community BancsharesEagle Bancorp, Inc.Eastern Bankshares, Inc.First Commonwealth Financial CorporationFlushing Financial CorporationIndependent Bank Corp.Kearny Financial Corp.Lakeland Bancorp, Inc.NBT Bancorp, Inc.Northfield Bancorp, Inc.OceanFirst Financial Corp.Peapack Gladstone Financial CorporationProvident Financial Services, Inc.S&T Bancorp, Inc.Sandy Spring Bancorp, Inc.Tompkins Financial CorporationTrustCo Bank Corp NYUnivest Financial CorporationWashington Trust Bancorp, Inc.WSFS Financial Corp.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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}
}
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