Danielle Walsh is the former CEO of NB Bancorp, Inc., known for her strong background in finance. She holds an MBA from Harvard Business School and was born on March 15, 1978. Danielle's leadership at NB Bancorp came with impressive...

Danielle Walsh is the former CEO of NB Bancorp, Inc., known for her strong background in finance. She holds an MBA from Harvard Business School and was born on March 15, 1978. Danielle's leadership at NB Bancorp came with impressive financial decisions, contributing to a total compensation of over $7 million in 2023, reflecting her strong performance and commitment to the company's growth. Interestingly, she transitioned from her role as Chief Financial Officer to CEO within the company, indicating her deep understanding of both financial operations and strategic leadership. In February 2024, Danielle decided to resign as CFO, retaining her position as CEO until March 2024 to help with the transition of duties. This move showcases her dedication to a smooth changeover and the future success of the bank.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other NB Bancorp, Inc. CEOs

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Danielle Walsh

Ex-CEO of NB Bancorp, Inc.

Education

MBA from Harvard Business School

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

March 15, 1978 - 47 years ago

CEO of NB Bancorp, Inc. for

2 years 1 month (Jan 2022 - Feb 2024)

Previous Experience

Chief Financial Officer at Needham Bank

Rivals

Competitors/colleagues of Danielle Walsh

Holdings

See how much did Danielle Walsh make over time.

During her time at NB Bancorp, Danielle held significant stock in the company, particularly noted for being deeply invested in NB Bancorp, Inc. stock, known as NBBK. At the peak of her investments, her stock holdings were worth over $3...

During her time at NB Bancorp, Danielle held significant stock in the company, particularly noted for being deeply invested in NB Bancorp, Inc. stock, known as NBBK. At the peak of her investments, her stock holdings were worth over $3 million, reflecting her belief in the company's potential for growth. This stock was related to a long-term incentive plan, which she participated in, marking her commitment to aligning her interests with the company’s performance. As of now, there has been a notable fluctuation in the value of her holdings, which can be seen as a reflection of market dynamics. The value and percentage of her shares compared to NB Bancorp’s total shares represent part of the investment strategy she has been pushing forward.

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Insider Trading

See recent insider trades of Danielle Walsh.

No insider trades found for this CEO.

Compensation History

See how much did Danielle Walsh make over time.

In 2023, Danielle's total compensation at NB Bancorp, Inc. reached an impressive $7.76 million. Her pay includes a base salary of $950,000, a performance-based bonus of $2.99 million, and about $3.08 million in vested stock. This compensation package reflects her significant role in the company's success and aligns with the bank's performance metrics. The bonuses, tied to both individual and overall company performance, illustrate how her efforts contributed directly to achieving financial goals. Furthermore, her package also includes other allowances worth $250,400, indicating how her role was recognized beyond just the base salary.

Year

2023

Total Compensation

$7.27M

Salary

$950.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, ensuring that executive compensation reflects the performance and strategic goals of the organization.

Bonus

$2.99M

Board Justification

The bonus is based on individual performance metrics and overall company performance for the year 2023.

Other

$250.40K

Board Justification

This includes personal benefit allowances and contributions to the Non-Qualified Deferred Compensation Plan.

Restricted Stock

$3.08M(3.08M RSU)

Board Justification

The vested stock is related to performance and earnings from previous grants under the Long-term Incentive Plan, which cliff-vest after three years, and is based on increases in the capital of the Bank.

Performance Metrics

The performance metrics for determining the CEO's compensation include individual performance, company financial performance, and strategic objectives.

Other NB Bancorp, Inc. CEOs

Here are other CEOs of NB Bancorp, Inc.

Jean-Pierre Lapointe

CEO of NB Bancorp, Inc.

February 2024 - Present