Banking
MVB Financial Executive Compensation (FY25)
MVBF · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 20, 2026
304 figures on this page: 293 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Larry Mazza was paid $5,056,856 in total compensation as President & Chief Executive Officer, MVB and MVB Bank for fiscal 2025, and Mazza's total moved 133.0% higher from the $2,170,010 reported for fiscal 2024. Meanwhile, for fiscal 2025, shareholders backed the say-on-pay proposal with 87.1% of votes cast for or against in favor at the meeting held May 19, 2026. Separately, the disclosed peer group includes Blue Ridge Bankshares, Inc., Byline Bancorp, Inc., Capital Bancorp, Inc., Coastal Financial Corporation and ConnectOne Bancorp, Inc., among others; for fiscal 2025, the company reported 6 named executive officers.
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 — Larry Mazza: $2,170,010 → $5,056,856 (133.0% higher)
Say-on-pay support: 88.1% → 87.1% (1.0 points lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is MVB Financial's chief executive and what were they paid?
Larry Mazza was paid $5,056,856 in total compensation as President & Chief Executive Officer, MVB and MVB Bank for fiscal 2025. Mazza's total moved 133.0% higher from the $2,170,010 reported for fiscal 2024.
What was MVB Financial's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 87.1% of votes cast for or against in favor at the meeting held May 19, 2026.
Which companies are in MVB Financial's peer group?
The disclosed peer group includes Blue Ridge Bankshares, Inc., Byline Bancorp, Inc., Capital Bancorp, Inc., Coastal Financial Corporation and ConnectOne Bancorp, Inc., among others.
What is MVB Financial's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 62.5:1, against median employee compensation of $80,860.
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 |
|---|---|---|---|---|---|---|---|---|
Larry Mazza President & Chief Executive Officer, MVB and MVB Bank | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Donald Robinson Former President, and Chief Financial Officer, MVB and MVB Bank | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Craig Greathouse EVP, Chief Administrative Officer, MVB and MVB Bank | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Giorgio EVP, Chief Information Officer | ◇ | — | — | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Larry Mazza CEO, MVB and MVB Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Donald Robinson President, and Chief Financial Officer, MVB and MVB Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Craig Greathouse EVP, Chief Administrative Officer, MVB and MVB Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Giorgio EVP, Chief Information Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
John Marion EVP, Chief Risk Officer, MVB and MVB Bank | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Joseph Rodriguez Chief Risk Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Larry Mazza President & Chief Executive Officer, MVB and MVB Bank | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Joseph Rodriguez EVP, Chief Risk and Legal Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Donald Robinson Former President and Chief Financial Officer, MVB and MVB Bank Departed during or after this year | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Craig Greathouse EVP, Chief Administrative Officer, MVB and MVB Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Giorgio EVP, Chief Information Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Sumbs EVP, Chief Financial 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 |
|---|---|---|---|---|---|---|---|---|
| Craig B. Greathouse | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Craig B. Greathouse | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Craig B. Greathouse | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Donald T. Robinson | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Donald T. Robinson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Joseph R. Rodriguez | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Joseph R. Rodriguez | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Joseph R. Rodriguez | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Joseph R. Rodriguez | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Larry F. Mazza | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Larry F. Mazza | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Larry F. Mazza | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael L. Giorgio | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael L. Giorgio | PSU | ◇ | — | ◇ | ◇ | ◇ | — | ◇ |
| Michael L. Giorgio | PSU | ◇ | — | ◇ | ◇ | ◇ | — | ◇ |
| Michael R. Sumbs | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Michael R. Sumbs | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2023, 2024 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 |
|---|---|---|---|---|---|
| Donald Robinson | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Joseph Rodriguez | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Michael Giorgio | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 7/31/2033 | |
| Option | ◇ | — | ◇ | 12/15/2033 | |
| Craig Greathouse | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Larry Mazza | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Michael Sumbs | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 11/4/2035 |
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 |
|---|---|---|---|---|---|---|---|
W. Marston Becker | ◇ | ◇ | — | — | — | — | ◇ |
Glen W. Herrick | ◇ | ◇ | — | — | — | — | ◇ |
Dr. Kelly R. Nelson Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Cheryl D. Spielman | ◇ | ◇ | — | — | — | — | ◇ |
Victor R. Maculaitis | ◇ | ◇ | — | — | — | — | ◇ |
Jan L. Owen | ◇ | ◇ | — | — | — | — | ◇ |
John W. Ebert | ◇ | ◇ | — | — | — | — | ◇ |
Richard J. Cordella, Jr | ◇ | ◇ | — | — | — | — | ◇ |
Gary A. LeDonne | ◇ | — | — | — | — | — | ◇ |
Daniel W. Holt | ◇ | — | — | — | — | — | ◇ |
Adam F. Famularo, Lindsay A. Slader and Larry F. Mazza 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 equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
Equity is delivered as restricted stock units.
Stock ownership guideline: 10x annual retainer ($200,000)
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Blue Ridge Bankshares, Inc. BRBS
- Byline Bancorp, Inc. BY
- Capital Bancorp, Inc. CBNK
- Coastal Financial Corporation CCB
- ConnectOne Bancorp, Inc. CNOB
- Esquire Financial Holdings, Inc. ESQ
- FFB Bancorp symbol not shown
- First Internet Bancorp INBK
- Heritage Commerce Corp. HTBK
- Live Oak Bancshares, Inc. LOB
- MainStreet Bancshares, Inc. MNSB
- Metropolitan Bank Holding Corp. MCB
- National Bank Holdings Corporation NBHC
- Pathward Financial, Inc. CASH
- Primis Financial Corp. FRST
- Triumph Financial, Inc. TFIN
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 9, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 17, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 18, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 19, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 21, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 15, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 16, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 17, 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 MVB Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where MVB 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 — $1,500Written 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 — $1,200Realizable 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.
Enquire about accessMultiple 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 IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
304 figures on this page: 293 cited to the filing that reported them, 11 calculated from figures it prints.
293 cited to the filing
11 calculated from the filing
Documents cited
- 0001277902-26-000069
- 0001277902-26-000048CEO Pay Ratio · Compensation of Directors · Director Compensation - Fiscal Year 2025 · Grants of Plan-Based Awards · and 2 more sections
- 0001277902-25-000102
- 0001277902-25-000057Summary Compensation Table
- 0001277902-24-000072Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001277902-24-000018Summary Compensation Table
- 0001277902-23-000098Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001277902-22-000035Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001277902-21-000060
- 0001277902-20-000080Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001277902-19-000053
- 0001277902-18-000076
- 0001277902-17-000051Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001277902-16-000056
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “MVB Financial executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/MVBF (accessed 2026).
Short form: data: Velarion
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Peers MVB Financial discloses
The companies named in MVBF's own disclosed peer group.
Blue Ridge Bankshares, Inc.Byline Bancorp, Inc.Capital Bancorp, Inc.Coastal Financial CorporationConnectOne Bancorp, Inc.Esquire Financial Holdings, Inc.First Internet BancorpHeritage Commerce Corp.Live Oak Bancshares, Inc.Metropolitan Bank Holding Corp.National Bank Holdings CorporationPathward Financial, Inc.Primis Financial Corp.Triumph Financial, Inc.
Terms on this page
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}
}