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United Bankshares Executive Compensation (FY25)

UBSI · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (DEF 14A): April 1, 2026
277 figures on this page: 266 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Richard Adams, Jr. was paid $6,140,650 in total compensation as Chief Executive Officer for fiscal 2025, and compared with the $5,538,879 reported for fiscal 2024, Adams, Jr.'s total was 10.9% higher. Meanwhile, the say-on-pay proposal drew 96.6% of votes cast for or against in favor at the meeting held May 13, 2026 for fiscal 2025. Separately, the disclosed peer group includes Associated Banc-Corp, Atlantic Union Bankshares Corp., Bank OZK, BankUnited Inc. and Cadence Bank, among others. The company reported 4 named executive officers for fiscal 2025.
Chief executive, fiscal 2025
◇
Richard Adams, Jr.
Latest say-on-pay support
=
May 13, 2026
Chief executive pay ratio
◇
To the median employee
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 — Richard Adams, Jr.: $5,538,879 → $6,140,650 (10.9% higher)
Say-on-pay support: 97.6% → 96.6% (1.0 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is United Bankshares' chief executive and what were they paid?
Richard Adams, Jr. was paid $6,140,650 in total compensation as Chief Executive Officer for fiscal 2025. Compared with the $5,538,879 reported for fiscal 2024, Adams, Jr.'s total was 10.9% higher.
What was United Bankshares' say-on-pay result?
The say-on-pay proposal drew 96.6% of votes cast for or against in favor at the meeting held May 13, 2026 for fiscal 2025.
Which companies are in United Bankshares' peer group?
The disclosed peer group includes Associated Banc-Corp, Atlantic Union Bankshares Corp., Bank OZK, BankUnited Inc. and Cadence Bank, among others.
What is United Bankshares' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 85:1, against median employee compensation of $72,502.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Adams, Jr.
Chief Executive Officer
◇—◇—◇—◇◇
James Consagra, Jr.
President
◇◇◇—◇◇◇◇
W. Mark Tatterson
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇◇◇◇
Darren Williams
Chief Risk and Information Officer
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Adams, Jr.
Chief Executive Officer
◇—◇—◇◇◇◇
James Consagra, Jr.
President
◇—◇—◇◇◇◇
W. Mark Tatterson
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Darren Williams
Chief Risk and Information Officer
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Adams, Jr.
Chief Executive Officer
◇—◇—◇◇◇◇
James Consagra, Jr.
President
◇—◇—◇◇◇◇
W. Mark Tatterson
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇◇◇◇
Darren Williams
Chief Risk and Information 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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Darren K. WilliamsPSU◇◇◇—◇—◇
James J. Consagra JrPSU◇◇◇—◇—◇
Richard M. Adams JrPSU◇◇◇—◇—◇
W. Mark TattersonPSU◇◇◇—◇—◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Darren WilliamsPSU◇◇——
PSU◇◇——
Option◇—◇02/26/28
PSU◇◇——
Option◇—◇02/25/29
PSU◇◇——
Option◇—◇02/24/30
PSU◇◇——
PSU◇◇——
Option◇—◇02/27/27
James ConsagraOption◇—◇02/24/30
Option◇—◇02/27/27
Option◇—◇02/25/29
Option◇—◇02/26/28
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
W. TattersonPSU◇◇——
Option◇—◇02/25/29
Option◇—◇02/26/28
Option◇—◇02/24/30
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇02/27/27
Richard AdamsPSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇02/27/27
Option◇—◇02/24/30
PSU◇◇——
PSU◇◇——
Option◇—◇02/25/29
Option◇—◇02/25/29
Option◇—◇02/26/28
PSU◇◇——
PSU◇◇——
Option◇—◇02/24/30
PSU◇◇——
PSU◇◇——
Option◇—◇02/26/28
PSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇02/27/27
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
Michael P. Fitzgerald
—————◇◇
Peter A. Converse
◇◇———◇◇
P. Clinton Winter
Lead independent director
◇◇————◇
Mark R. Nesselroad
◇◇————◇
Gary G. White
◇◇————◇
J. Paul McNamara
◇◇————◇
Mary K. Weddle
◇◇————◇
Charles L. Capito, Jr
◇◇————◇
Lacy I. Rice, III
◇◇————◇
Patrice A. Harris
◇◇————◇
Diana Lewis Jackson
◇◇————◇
Albert H. Small, Jr
◇◇————◇
Sara DuMond
◇◇————◇
Richard M. Adams, Jr 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
  • Associated Banc-Corp ASB
  • Atlantic Union Bankshares Corp. AUB
  • Bank OZK OZK
  • BankUnited Inc. BKU
  • Cadence Bank CADE
  • Columbia Banking System COLB
  • Cullen/Frost Bankers Inc. CFR
  • F.N.B. Corporation FNB
  • Fulton Financial Corp. FULT
  • Hancock Whitney Corporation HWC
  • Old National Bancorp ONB
  • Pinnacle Financial Partners, Inc. PNFP
  • Simmons First National Corporation SFNC
  • SouthState Corporation SSB
  • UMB Financial Corporation UMBF
  • United Community Banks, Inc. UCB
  • Wintrust Financial Corporation WTFC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 13, 2026=◇◇◇
2024May 14, 2025=◇◇◇
2023May 15, 2024=◇◇◇
2022May 10, 2023=◇◇◇
2021May 11, 2022=◇◇◇
2020May 12, 2021=◇◇◇
2019May 12, 2020=◇◇◇
2018May 15, 2019=◇◇◇
2017May 30, 2018=◇◇◇
2016May 25, 2017=◇◇◇
2015May 18, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact United Bankshares disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where United Bankshares 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 — $1,500
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.
277 figures on this page: 266 cited to the filing that reported them, 11 calculated from figures it prints.
266 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-135771
    2025 Grants of Plan-Based Awards · 2025 Outstanding Equity Awards at Fiscal Year-End · 2025 Summary Compensation Table · EXECUTIVE COMPENSATION
  2. 0001193125-25-122274
  3. 0001193125-25-069709
    Summary Compensation Table
  4. 0001193125-24-143581
  5. 0001193125-24-084103
    Summary Compensation Table
  6. 0001193125-23-144742
  7. 0001193125-22-152897
  8. 0001193125-21-163114
  9. 0001193125-20-143435
  10. 0001193125-19-152402
  11. 0001193125-18-181776
  12. 0001193125-17-188878
  13. 0001193125-16-600120
  14. 0001193125-26-228386
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Velarion, “United Bankshares executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/UBSI (accessed 2026).
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Banking rankings

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

Peers United Bankshares discloses

The companies named in UBSI's own disclosed peer group.

Associated Banc-CorpAtlantic Union Bankshares Corp.Bank OZKBankUnited Inc.Columbia Banking SystemCullen/Frost Bankers Inc.F.N.B. CorporationFulton Financial Corp.Hancock Whitney CorporationOld National BancorpPinnacle Financial Partners, Inc.Simmons First National CorporationSouthState CorporationUMB Financial CorporationUnited Community Banks, Inc.Wintrust Financial Corporation

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}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy