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Orange County Bancorp Executive Compensation (FY25)

OBT · Executive and director compensation, fiscal 2024 to 2025
Data as of September 7, 2026Latest filing (DEF 14A): April 15, 2026
83 figures on this page, cited to the filing that reported them. See the citations
Figures cover fiscal 2024 through fiscal 2025, and for fiscal 2025, the company reported 3 named executive officers. Michael Gilfeather was paid $2,092,482 in total compensation as President, Chief Executive Officer and Director of the Company and the Bank for fiscal 2025, and Gilfeather's total moved 10.6% higher from the $1,892,769 reported for fiscal 2024. As an emerging growth company, the company is exempt from the advisory say-on-pay vote.
Chief executive, fiscal 2025
◇
Michael Gilfeather
This company is not required to report a chief executive pay ratio.
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 — Michael Gilfeather: $1,892,769 → $2,092,482 (10.6% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Orange County Bancorp's chief executive and what were they paid?
Michael Gilfeather was paid $2,092,482 in total compensation as President, Chief Executive Officer and Director of the Company and the Bank for fiscal 2025. Gilfeather's total moved 10.6% higher from the $1,892,769 reported for fiscal 2024.
What was Orange County Bancorp's say-on-pay result?
As an emerging growth company, the company is exempt from the advisory say-on-pay vote.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Gilfeather
President, Chief Executive Officer and Director of the Company and the Bank
◇—◇—◇—◇◇
Joseph Ruhl
Executive Vice President and Regional President of the Bank
◇—◇—◇—◇◇
Gregory Sousa
Executive Vice President, Chief Lending Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Gilfeather
President, Chief Executive Officer and Director of the Company and the Bank
◇—◇—◇—◇◇
Joseph Ruhl
Executive Vice President and Regional President of the Bank
◇—◇—◇—◇◇
Michael Lesler
Executive Vice President, Chief Financial Officer of the Company and the Bank
◇◇◇—◇—◇◇
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
LeslerRSU———◇——◇
Michael J. GilfeatherRSU———◇——◇
RuhlRSU———◇——◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Michael LeslerRSU◇◇——
RSU◇◇——
RSU◇◇——
Joseph RuhlRSU◇◇——
RSU◇◇——
RSU◇◇——
Michael GilfeatherRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jonathan F. Rouis
Board chair
◇◇————◇
Richard B. Rowley
◇◇————◇
William D. Morrison
◇◇————◇
Gregory F. Holcombe
◇◇————◇
Marianna R. Kennedy
◇◇————◇
Kevin J. Keane
◇◇————◇
Olga Luz Tirado
◇◇————◇
Jonathan Schiller
◇◇————◇
Michael J. Gilfeather 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.

Say-on-pay history

Shareholder support for the compensation program, by year.
This company is an emerging growth company and is exempt from the advisory vote on executive compensation. There is no vote to report.
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What this page does not include

Everything above is a fact Orange County Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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
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.
83 figures on this page, cited to the filing that reported them.
83 cited to the filing

Documents cited

  1. 0001104659-26-043778
    Director Compensation Table · EXECUTIVE COMPENSATION · Outstanding Equity Awards at Fiscal Year End · Summary Compensation Table
  2. 0001104659-25-033912
    Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Orange County Bancorp executive compensation, FY2024–FY2025.” https://intel.velarion.ai/comp/OBT (accessed 2026).
Short form: data: Velarion
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The headline figures, each with its citation.
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll 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}
}
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