Banking
Northwest Bancshares Executive Compensation (FY25)
NWBI · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 26, 2026
279 figures on this page: 268 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Total compensation for Louis Torchio, President, Chief Executive Officer and Director, came to $3,396,755 in fiscal 2025, and Torchio's total was 12.0% lower than the $3,857,874 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 64:1, against median employee compensation of $53,396. For fiscal 2025, shareholders backed the say-on-pay proposal with 92.6% of votes cast for or against in favor at the meeting held May 20, 2026. The disclosed peer group includes Atlantic Union Bankshares Corporation, Community Bank System, Inc., Enterprise Financial Services Corp., FB Financial Corp. and First Bank Corp., among others.
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 — Louis Torchio: $3,857,874 → $3,396,755 (12.0% lower)
Say-on-pay support: 79.3% → 92.6% (13.3 points higher)
CEO pay ratio: 71:1 → 64:1 (9.9% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Northwest Bancshares' chief executive and what were they paid?
Total compensation for Louis Torchio, President, Chief Executive Officer and Director, came to $3,396,755 in fiscal 2025. Torchio's total was 12.0% lower than the $3,857,874 reported for fiscal 2024.
What was Northwest Bancshares' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 92.6% of votes cast for or against in favor at the meeting held May 20, 2026.
Which companies are in Northwest Bancshares' peer group?
The disclosed peer group includes Atlantic Union Bankshares Corporation, Community Bank System, Inc., Enterprise Financial Services Corp., FB Financial Corp. and First Bank Corp., among others.
What is Northwest Bancshares' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 64:1, against median employee compensation of $53,396.
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 |
|---|---|---|---|---|---|---|---|---|
Louis Torchio President, Chief Executive Officer and Director | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
William Harvey Senior Executive Vice President, Chief Operating Officer, Chief Financial Officer and Director | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Gregory Betchkal Executive Vice President, Chief Risk Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
John Golding Senior Executive Vice President, Chief Consumer Banking Officer | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Scott Watson Executive Vice President, Chief Information Officer | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Louis Torchio President, Chief Executive Officer and Director | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
John Golding Former Chief Consumer Banking Officer Departed during or after this year | ◇ | — | ◇ | — | — | ◇ | ◇ | ◇ |
Douglas Schosser Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gregory Betchkal Chief Risk Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
William Harvey Former Chief Operating Officer, Chief Financial Officer and Director Departed during or after this year | ◇ | ◇ | — | — | ◇ | ◇ | ◇ | ◇ |
Jacques DesMarteau Chief Commercial Banking Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Scott Watson Chief Information Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Louis Torchio President, Chief Executive Officer and Director | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Gregory Betchkal Chief Risk Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Douglas Schosser Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jacques DesMarteau Chief Commercial Banking Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Urich Bowers Chief Consumer Banking and 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 |
|---|---|---|---|---|---|---|---|---|
| Douglas M. Schosser | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Douglas M. Schosser | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Gregory J. Betchkal | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Gregory J. Betchkal | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Jacques M. DesMarteau | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jacques M. DesMarteau | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Louis J. Torchio | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Louis J. Torchio | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Urich T. Bowers | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
Fiscal 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 |
|---|---|---|---|---|---|
| Louis Torchio | Option | ◇ | — | ◇ | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Gregory Betchkal | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Jacques DesMarteau | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Douglas Schosser | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Urich Bowers | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| 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 |
|---|---|---|---|---|---|---|---|
Wilbur R. Davis | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Timothy M. Hunter Board chair | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
John P. Meegan | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Timothy B. Fannin | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Deborah J. Chadsey | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Robert M. Campana | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
David M. Tullio | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Mark A. Paup | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Pablo A. Vegas | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Amber L. Williams | ◇ | ◇ | — | — | — | ◇ | ◇ |
Richard A. Grafmyre | ◇ | ◇ | — | — | — | — | ◇ |
Louis J. Torchio and Charles E. Kranich, II 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.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Atlantic Union Bankshares Corporation AUB
- Community Bank System, Inc. CBU
- Enterprise Financial Services Corp. EFSC
- FB Financial Corp. FBK
- First Bank Corp. BFC
- First Busey Corporation BUSE
- First Commonwealth Financial Corporation FCF
- First Financial Bancorp FFBC
- First Merchants Corporation FRME
- Independent Bank Corp. INDB
- NBT Bancorp Inc. NBTB
- Ocean First Financial Corp. OCFC
- Park National Corporation PRK
- S&T Bancorp, Inc. STBA
- Seacoast Banking Corporation of Florida SBCF
- TowneBank TOWN
- Trustmark Corporation TRMK
- WesBanco, Inc. WSBC
- 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 20, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 17, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 18, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 19, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 20, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 21, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 22, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 17, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 18, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 19, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | April 20, 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 Northwest Bancshares disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Northwest Bancshares 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.
279 figures on this page: 268 cited to the filing that reported them, 11 calculated from figures it prints.
268 cited to the filing
11 calculated from the filing
Documents cited
- 0001471265-26-000022
- 0001193125-26-148973CEO Pay Ratio. · Director Compensation · Grants of Plan-Based Awards · Outstanding equity awards at December 31, 2025 · and 1 more section
- 0001471265-25-000067
- 0001193125-25-049104Summary compensation table
- 0001471265-24-000065
- 0001193125-24-063000Summary compensation table
- 0001471265-23-000065
- 0001471265-22-000017
- 0001471265-21-000056
- 0001471265-20-000026
- 0001471265-19-000015
- 0001471265-18-000022
- 0001471265-17-000008
- 0001628280-16-014646
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Northwest Bancshares executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/NWBI (accessed 2026).
Short form: data: Velarion
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Peers Northwest Bancshares discloses
The companies named in NWBI's own disclosed peer group.
Atlantic Union Bankshares CorporationCommunity Bank System, Inc.Enterprise Financial Services Corp.FB Financial Corp.First Bank Corp.First Busey CorporationFirst Commonwealth Financial CorporationFirst Financial BancorpFirst Merchants CorporationIndependent Bank Corp.NBT Bancorp Inc.Ocean First Financial Corp.Park National CorporationS&T Bancorp, Inc.Seacoast Banking Corporation of FloridaTowneBankTrustmark CorporationWesBanco, Inc.WSFS Financial Corporation
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}
}