Banking
ConnectOne Bancorp Executive Compensation (FY25)
CNOB · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Frank Sorrentino III | Latest say-on-pay support = May 19, 2026 |
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Data as of October 21, 2026Latest filing (8-K): May 20, 2026
13 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
Velarion Member, one year
274 figures on this page: 265 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
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 total compensation — Frank Sorrentino III: $3,801,528 → $4,399,936 (15.7% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is ConnectOne Bancorp's chief executive and what were they paid?
Total compensation for Frank Sorrentino III, Chairman, President & Chief Executive Officer, came to $4,399,936 in fiscal 2025. Sorrentino III's total moved 15.7% higher from the $3,801,528 reported for fiscal 2024.
What was ConnectOne Bancorp's say-on-pay result?
Shareholders supported the say-on-pay proposal with 97.8% of votes cast for or against in favor at the meeting held May 19, 2026 for fiscal 2025.
Which companies are in ConnectOne Bancorp's peer group?
The disclosed peer group includes Ameris Bancorp, Brookline Bancorp, Inc., Columbia Financial, Inc., Community Financial System, Inc. and Customers Bancorp, Inc., among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Frank Sorrentino III Chairman & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
William Burns Senior Executive Vice President & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Elizabeth Magennis President of ConnectOne Bank | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Chris Ewing Executive Vice President & Chief Operations Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Michael O'Malley Executive Vice President & Chief Risk Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Frank Sorrentino III Chairman & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
William Burns Senior Executive Vice President & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Elizabeth Magennis President of ConnectOne Bank | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇† |
Christopher Ewing Executive Vice President & Chief Operations Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Mark Zurlini Executive Vice President & Chief Lending Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Sharif Alexandre Executive Vice President & Chief Technology Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Frank Sorrentino III Chairman of the Board & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
William Burns Senior Executive Vice President & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Elizabeth Magennis Bank President | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Laura Criscione Executive Vice President & Chief Risk Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Michael O'Malley Executive Vice President & Chief Lending Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Frank Sorrentino III Chairman, President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Elizabeth Magennis ConnectOne Bank President | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
William Burns Senior Executive Vice President & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Joseph Javitz Executive Vice President & Chief Credit Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Laura Criscione Executive Vice President & Chief Compliance 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 |
|---|---|---|---|---|---|---|---|---|
| Elizabeth Magennis | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Frank Sorrentino III | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Joseph Javitz | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Laura Criscione | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| William S. Burns | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
Fiscal 2022, 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 |
|---|---|---|---|---|---|
| William Burns | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Elizabeth Magennis | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Frank Sorrentino | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Laura Criscione | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Joseph Javitz | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — |
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.
Elizabeth Magennis
ConnectOne Bank President · Employment agreement · citing a 2023 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Frank Sorrentino III
Chief Executive Officer · Employment agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
William Burns
Senior Executive Vice President & Chief Financial Officer · Employment agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
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 |
|---|---|---|---|---|---|---|---|
Stephen T. Boswell Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Frank W. Baier | ◇ | ◇ | — | — | — | — | ◇ |
Nicholas Minoia | ◇ | ◇ | — | — | — | — | ◇ |
Christopher Becker | ◇ | ◇ | — | — | — | — | ◇ |
Frank Huttle III | ◇ | ◇ | — | — | — | — | ◇ |
Susan O'Donnell | ◇ | ◇ | — | — | — | — | ◇ |
Anson M. Moise | ◇ | ◇ | — | — | — | ◇ | ◇ |
Mark Sokolich | ◇ | ◇ | — | — | — | — | ◇ |
Edward J. Haye | ◇ | ◇ | — | — | — | — | ◇ |
Peter Quick | ◇ | ◇ | — | — | — | ◇ | ◇ |
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.
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Ameris Bancorp ABCB
- Brookline Bancorp, Inc. BRKL
- Columbia Financial, Inc. CLBK
- Community Financial System, Inc. CBU
- Customers Bancorp, Inc. CUBI
- Dime Community Bancshares, Inc. DCOM
- Eagle Bancorp, Inc. EGBN
- First Commonwealth Financial Corporation FCF
- First Financial Bancorp FFBC
- Flushing Financial Corporation FFIC
- Independent Bank Corp. INDB
- OceanFirst Financial Services, Inc. OCFC
- Provident Financial Services, Inc. PFS
- S&T Bancorp, Inc. STBA
- The Bancorp, Inc. TBBK
- WSFS Financial Corporation WSFS
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 19, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 20, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 21, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 23, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 24, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 25, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 21, 2020 | = | ◇ | ◇ | ◇ |
| 2017 | May 22, 2018 | = | ◇ | ◇ | ◇ |
| 2015 | May 19, 2016 | = | ◇ | ◇ | ◇ |
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- Frank Sorrentino III (Chairman, President & Chief Executive Officer), FY2025 total compensation $4,399,936 (base salary $992,000) [exec_comp, SEC accession 0001437749-26-011892, filed 2026-04-09]What this page does not include
Everything above is a fact ConnectOne Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where ConnectOne 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable 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 IntelligenceAdviser 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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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
274 figures on this page: 265 cited to the filing that reported them, 9 calculated from figures it prints.
265 cited to the filing
9 calculated from the filing
Documents cited
- 0001437749-26-017939
- 0001437749-26-011892Directors Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · Proxy severance section
- 0001437749-25-017982
- 0001437749-25-011656Summary Compensation Table
- 0001437749-24-017995
- 0001437749-23-015839
- 0001437749-23-010170
- 0001171843-22-003986
- 0001206774-21-001519Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001171843-20-003941Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001171843-18-004151
- 0001171843-16-010177
- 0001437749-23-028400EX-10.8
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Velarion, “ConnectOne Bancorp executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CNOB (accessed 2026).
Short form: data: Velarion
The ConnectOne Bancorp brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
13 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 ConnectOne Bancorp discloses
The companies named in CNOB's own disclosed peer group.
Ameris BancorpBrookline Bancorp, Inc.Columbia Financial, Inc.Community Financial System, Inc.Customers Bancorp, Inc.Dime Community Bancshares, Inc.Eagle Bancorp, Inc.First Commonwealth Financial CorporationFirst Financial BancorpFlushing Financial CorporationIndependent Bank Corp.OceanFirst Financial Services, Inc.Provident Financial Services, Inc.S&T Bancorp, Inc.The Bancorp, Inc.WSFS Financial Corporation
Terms on this page
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}
}