Banking
TowneBank Executive Compensation (FY25)
TOWN · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (proxy statement, FDIC): April 10, 2026
96 figures on this page, cited to the filing that reported them. See the citations
Frequently asked questions
Answers drawn from the data on this page.
Who is TowneBank's chief executive and what were they paid?
William Foster III, President and Chief Executive Officer, received $3,317,088 in total compensation for fiscal 2025.
Which companies are in TowneBank's peer group?
Companies named in the disclosed peer group include Ameris Bancorp, Atlantic Union Bankshares Corp., Bank OZK, Customers Bancorp, Inc. and FB Financial Corp, among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
William Foster III President and Chief Executive Officer | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
G. Robert Aston, Jr. Executive Chairman | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
William Littreal Senior Executive Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
William Morrison President and CEO, Towne Financial Services Group | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Ernest Piccioli Senior Executive Vice President and Chief Risk 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.
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 |
|---|---|---|---|---|---|---|---|
J. Morgan Davis | — | — | — | — | — | ◇ | ◇ |
W. Ashton Lewis Lead independent director | ◇ | — | — | — | — | — | ◇ |
Alan S. Witt | ◇ | — | — | — | — | — | ◇ |
Elizabeth W. Robertson | ◇ | — | — | — | — | — | ◇ |
R. Scott Morgan | ◇ | ◇ | — | — | — | ◇ | ◇ |
Jeffrey F. Benson | ◇ | ◇ | — | — | — | — | ◇ |
J. Christopher Perry | ◇ | ◇ | — | — | — | — | ◇ |
Robert C. Hatley | ◇ | ◇ | — | — | — | ◇ | ◇ |
Howard J. Jung | ◇ | ◇ | — | — | — | — | ◇ |
Aubrey L. Layne, Jr | ◇ | ◇ | — | — | — | — | ◇ |
R.V. Owens, III | ◇ | ◇ | — | — | — | — | ◇ |
Harry T. Lester | ◇ | ◇ | — | — | — | — | ◇ |
John R. Lawson, II | ◇ | ◇ | — | — | — | — | ◇ |
Thomas K. Norment, Jr | ◇ | ◇ | — | — | — | — | ◇ |
Sachin S. Shetty | ◇ | ◇ | — | — | — | — | ◇ |
Robert M. Oman | ◇ | ◇ | — | — | — | — | ◇ |
Douglas D. Ellis | ◇ | ◇ | — | — | — | — | ◇ |
Stephanie J. Marioneaux | ◇ | ◇ | — | — | — | — | ◇ |
Andrew S. Fine | ◇ | ◇ | — | — | — | — | ◇ |
Juan M. Montero, II | ◇ | ◇ | — | — | — | — | ◇ |
Richard B. Thurmond | ◇ | ◇ | — | — | — | — | ◇ |
Frank E. Jenkins, Jr | ◇ | ◇ | — | — | — | — | ◇ |
G. Robin Perkins, III, William I. Foster III, Richard Cullen, Steven W. Jones, G. Robert Aston, Jr and William T. Morrison 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.
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
- Ameris Bancorp ABCB
- Atlantic Union Bankshares Corp. AUB
- Bank OZK OZK
- Customers Bancorp, Inc. CUBI
- FB Financial Corp FBK
- First Bancorp FBNC
- First Financial Bancorp FFBC
- Fulton Financial Corporation FULT
- Home BancShares, Inc. HOMB
- Pinnacle Financial Partners, Inc. PNFP
- Renasant Corporation RNST
- Seacoast Banking Corporation of Florida SBCF
- ServisFirst Bancshares, Inc. SFBS
- Simmons First National Corporation SFNC
- SouthState Corporation SSB
- Trustmark Corporation TRMK
- United Bankshares, Inc. UBSI
- United Community Banks, Inc. UCB
- WesBanco, Inc. WSBC
- WSFS Financial Corporation WSFS
What this page does not include
Everything above is a fact TowneBank disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where TowneBank 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.
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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.
96 figures on this page, cited to the filing that reported them.
96 cited to the filing
Documents cited
- Director Compensation table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “TowneBank executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/TOWN (accessed 2026).
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The headline figures, each with its citation.
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Peers TowneBank discloses
The companies named in TOWN's own disclosed peer group.
Ameris BancorpAtlantic Union Bankshares Corp.Bank OZKCustomers Bancorp, Inc.FB Financial CorpFirst BancorpFirst Financial BancorpFulton Financial CorporationHome BancShares, Inc.Pinnacle Financial Partners, Inc.Renasant CorporationSeacoast Banking Corporation of FloridaServisFirst Bancshares, Inc.Simmons First National CorporationSouthState CorporationTrustmark CorporationUnited Bankshares, Inc.United Community Banks, Inc.WesBanco, 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}
}