In 2023, David P. Boyle earned $1.39M in total compensation at Burke & Herbert Financial Services Corp., including $825.00K salary and $211.41K in stock. Most recently acquired 19,602 shares in Jan 2025. Currently holds stock worth $10.89M.
Compensation History
Annual executive compensation data for David P. Boyle, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.39M
Salary
$825.00K
Bonus
$0.00
Other
$356.24K
Salary
$825.00KBoard Justification
The compensation program is designed to attract and retain skilled executives, aligning their interests with long-term company performance and shareholder value.
Bonus
$0.00Board Justification
No cash bonuses were paid to our NEOs for performance in 2023 under our short-term incentive compensation program.
Other Compensation
$356.24KBoard Justification
Includes vehicle allowance, country club dues, SERP contributions, split dollar life insurance benefit, and matching contributions to 401(k).
Restricted Stock
Board Justification
The stock awards shown for 2023 are those that were granted in early 2023, based on the Company’s performance in 2022, and are subject to a three-year cliff vesting schedule.
Performance Metrics
The performance metrics for 2023 included targets for net interest income, non-interest income, non-interest expense, and net income.
David P. Boyle
Ex-CEO of Burke & Herbert Financial Services Corp.
Education
MBA from a reputable university
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1974 - 51 years ago
CEO of Burke & Herbert Financial Services Corp. for
0 years 6 months (Oct 2023 - May 2024)
Previous Experience
President and CEO of Burke & Herbert
Other Burke & Herbert Financial Services Corp. CEOs
Holdings
Track David P. Boyle's stock holdings and portfolio value over time.
Total Stock Sold
$137.98K
$137.98K
6,747 ORRF shares
What if they kept their stock?
If David P. Boyle didn't sell their stock, today they would have:
Extra ORRF6,747 shares worth $252.61K.
This is 83.08% and $114.63K more than what they got when they sold the stock.
Insider Trading
David P. Boyle's recent stock transactions, purchases, and sales filed with the SEC.
19,602 shares
BHRB
Jan 23, 2025
Received
$18.34K
BHRB at $48.90/share
Sep 14, 2023
Purchase
$30.06K
BHRB at $48.10/share
Sep 13, 2023
Purchase
$48.69K
BHRB at $48.69/share
Sep 11, 2023
Purchase
$70.50K
ORRF at $23.50/share
Dec 31, 2019
Sale
$102.45K
ORRF at $19.40/share
Jan 23, 2019
Received
$10.00K
ORRF at $20.00/share
Oct 26, 2018
Purchase
$20.50K
ORRF at $20.50/share
Oct 25, 2018
Purchase
$159.00K
ORRF at $25.65/share
Jan 18, 2018
Received
$78.23K
ORRF at $22.35/share
Jan 30, 2017
Received
Rivals
Compare David P. Boyle with competitor CEOs and industry peers.
Christopher J. Murphy III
CEO of 1st Source Corporation
2022 Compensation
Stock
$0.00
Salary
$810.00K
Bonus
$289.20K
Other
$157.59K
Total Holdings
$7.01M
Andrea G. Short
CEO of 1st Source Corporation
2022 Compensation
Stock
$0.00
Salary
$417.35K
Bonus
$393.80K
Other
$119.87K
Total Holdings
$328.98K
D. Neil Dauby
CEO of German American Bancorp
2023 Compensation
Stock
$423.75K
Salary
$625.00K
Bonus
$0.00
Other
$254.69K
Total Holdings
$2.26M
Steven M. Klein
CEO of Northfield Bancorp
2023 Compensation
Stock
$150.00K
Salary
$400.00K
Bonus
$50.00K
Other
$30.00K
Total Holdings
$470.33K