David V. Devault

Washington Trust Bancorp

Retired Vice Chair, Secretary & Chief Financial Officer of the Corporation and Bank

Overview

David V. Devault made an average of $720.4K in compensation at Washington Trust Bancorp from 2006 to 2018.

Annual data

2018

In 2018, David V. Devault earned a total compensation of $54.6K as Retired Vice Chair, Secretary & Chief Financial Officer of the Corporation and Bank at Washington Trust Bancorp.

Ranking10,686 out of 10,741
Percentile0.5%

David V. Devault's 2018 compensation ranked 10,686th out of 10,741 executive pay records tracked by us this year.

Devault earned more than 0.5% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking850 out of 850
Percentile0.0%

In the industry group of Commercial Banks, Devault's pay ranked 850th out of 850 executive pay records tracked by us in 2018.

Devault earned more than 0.0% of executives in this group.

Non-Equity Incentive Plan$16,100
Salary$37,379
Other$1,129
Total$54,608

Devault received $37.4K in salary, which accounts for 68.45% of total compensation.

Devault also received $16.1K in non-equity incentive plan and $1.1K in other compensation.

David V. Devault's Pay$54,608
Median Employee's Pay$62,366
Pay Ratio1 : 1

For fiscal year 2018, the annual total compensation for David V. Devault was $54,608 and for the median employee at Washington Trust Bancorp was $62,366. The resulting ratio of David V. Devault's pay to the pay of median employee was 1 to one.

2017

In 2017, David V. Devault earned a total compensation of $1.2M as Retired Vice Chair, Secretary & Chief Financial Officer of the Corporation and the Bank at Washington Trust Bancorp.

Ranking7,457 out of 13,682
Percentile45.5%

David V. Devault's 2017 compensation ranked 7,457th out of 13,682 executive pay records tracked by us this year.

Devault earned more than 45.5% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking322 out of 1,056
Percentile69.5%

In the industry group of Commercial Banks, Devault's pay ranked 322nd out of 1,056 executive pay records tracked by us in 2017.

Devault earned more than 69.5% of executives in this group.

Bonus$19,860
Change in Pension Value and Nonqualified Deferred Compensation Earnings$484,337
Non-Equity Incentive Plan$148,950
Salary$331,000
Stock Awards$248,880
Other$10,025
Total$1,243,052

Devault received $484.3K of change in pension value and nonqualified deferred compensation earnings, which accounts for 38.96% of total compensation.

Devault also received $19.9K in bonus, $149K in non-equity incentive plan, $331K in salary, $248.9K in stock awards and $10K in other compensation.

2016

In 2016, David V. Devault earned a total compensation of $1.1M as Vice Chair, Secretary & Chief Financial Officer of the Corporation and the Bank at Washington Trust Bancorp.

Ranking7,598 out of 14,016
Percentile45.8%

David V. Devault's 2016 compensation ranked 7,598th out of 14,016 executive pay records tracked by us this year.

Devault earned more than 45.8% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking299 out of 1,086
Percentile72.5%

In the industry group of Commercial Banks, Devault's pay ranked 299th out of 1,086 executive pay records tracked by us in 2016.

Devault earned more than 72.5% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$411,898
Non-Equity Incentive Plan$150,000
Salary$319,038
Stock Awards$243,743
Other$9,696
Total$1,134,375

Devault received $411.9K of change in pension value and nonqualified deferred compensation earnings, which accounts for 36.31% of total compensation.

Devault also received $150K in non-equity incentive plan, $319K in salary, $243.7K in stock awards and $9.7K in other compensation.

2015

In 2015, David V. Devault earned a total compensation of $998.1K as Vice Chair, Secretary & Chief Financial Officer of the Corporation and the Bank at Washington Trust Bancorp.

Ranking7,937 out of 13,575
Percentile41.5%

David V. Devault's 2015 compensation ranked 7,937th out of 13,575 executive pay records tracked by us this year.

Devault earned more than 41.5% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking318 out of 1,024
Percentile68.9%

In the industry group of Commercial Banks, Devault's pay ranked 318th out of 1,024 executive pay records tracked by us in 2015.

Devault earned more than 68.9% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$278,181
Non-Equity Incentive Plan$150,000
Salary$320,608
Stock Awards$239,526
Other$9,753
Total$998,068

Devault received $320.6K in salary, which accounts for 32.12% of total compensation.

Devault also received $278.2K of change in pension value and nonqualified deferred compensation earnings, $150K in non-equity incentive plan, $239.5K in stock awards and $9.8K in other compensation.

2014

In 2014, David V. Devault earned a total compensation of $1.2M as Vice Chair, Secretary & Chief Financial Officer of the Corporation and the Bank at Washington Trust Bancorp.

Ranking6,783 out of 12,903
Percentile47.4%

David V. Devault's 2014 compensation ranked 6,783rd out of 12,903 executive pay records tracked by us this year.

Devault earned more than 47.4% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking241 out of 993
Percentile75.7%

In the industry group of Commercial Banks, Devault's pay ranked 241st out of 993 executive pay records tracked by us in 2014.

Devault earned more than 75.7% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$625,516
Non-Equity Incentive Plan$150,000
Salary$299,731
Stock Awards$106,753
Other$9,171
Total$1,191,171

Devault received $625.5K of change in pension value and nonqualified deferred compensation earnings, which accounts for 52.51% of total compensation.

Devault also received $150K in non-equity incentive plan, $299.7K in salary, $106.8K in stock awards and $9.2K in other compensation.

2013

In 2013, David V. Devault earned a total compensation of $813K as Vice Chair, Secretary & Chief Financial Officer of the Corporation and the Bank at Washington Trust Bancorp.

Ranking7,408 out of 12,008
Percentile38.3%

David V. Devault's 2013 compensation ranked 7,408th out of 12,008 executive pay records tracked by us this year.

Devault earned more than 38.3% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking310 out of 930
Percentile66.7%

In the industry group of Commercial Banks, Devault's pay ranked 310th out of 930 executive pay records tracked by us in 2013.

Devault earned more than 66.7% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$257,189
Non-Equity Incentive Plan$105,000
Salary$274,375
Stock Awards$168,023
Other$8,398
Total$812,985

Devault received $274.4K in salary, which accounts for 33.75% of total compensation.

Devault also received $257.2K of change in pension value and nonqualified deferred compensation earnings, $105K in non-equity incentive plan, $168K in stock awards and $8.4K in other compensation.

2012

In 2012, David V. Devault earned a total compensation of $997K as Vice Chair, Secretary & Chief Financial Officer of the Corporation and the Bank at Washington Trust Bancorp.

Ranking5,995 out of 11,064
Percentile45.8%

David V. Devault's 2012 compensation ranked 5,995th out of 11,064 executive pay records tracked by us this year.

Devault earned more than 45.8% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking238 out of 890
Percentile73.3%

In the industry group of Commercial Banks, Devault's pay ranked 238th out of 890 executive pay records tracked by us in 2012.

Devault earned more than 73.3% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$466,906
Non-Equity Incentive Plan$105,000
Salary$261,052
Stock Awards$156,090
Other$7,998
Total$997,046

Devault received $466.9K of change in pension value and nonqualified deferred compensation earnings, which accounts for 46.83% of total compensation.

Devault also received $105K in non-equity incentive plan, $261.1K in salary, $156.1K in stock awards and $8K in other compensation.

2011

In 2011, David V. Devault earned a total compensation of $810.2K as Vice Chair, Secretary & Chief Financial Officer of the Corporation and the Bank at Washington Trust Bancorp.

Ranking6,209 out of 10,153
Percentile38.8%

David V. Devault's 2011 compensation ranked 6,209th out of 10,153 executive pay records tracked by us this year.

Devault earned more than 38.8% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking267 out of 864
Percentile69.1%

In the industry group of Commercial Banks, Devault's pay ranked 267th out of 864 executive pay records tracked by us in 2011.

Devault earned more than 69.1% of executives in this group.

Bonus$4,579
Change in Pension Value and Nonqualified Deferred Compensation Earnings$337,554
Non-Equity Incentive Plan$85,421
Salary$253,144
Stock Awards$121,677
Other$7,815
Total$810,190

Devault received $337.6K of change in pension value and nonqualified deferred compensation earnings, which accounts for 41.66% of total compensation.

Devault also received $4.6K in bonus, $85.4K in non-equity incentive plan, $253.1K in salary, $121.7K in stock awards and $7.8K in other compensation.

2010

In 2010, David V. Devault earned a total compensation of $611.4K as Senior Executive Vice President, Secretary and Chief Financial Officer at Washington Trust Bancorp.

Ranking6,665 out of 9,637
Percentile30.8%

David V. Devault's 2010 compensation ranked 6,665th out of 9,637 executive pay records tracked by us this year.

Devault earned more than 30.8% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking306 out of 830
Percentile63.1%

In the industry group of Commercial Banks, Devault's pay ranked 306th out of 830 executive pay records tracked by us in 2010.

Devault earned more than 63.1% of executives in this group.

Bonus$8,677
Change in Pension Value and Nonqualified Deferred Compensation Earnings$201,614
Non-Equity Incentive Plan$86,323
Option Awards$35,835
Salary$234,892
Stock Awards$36,792
Other$7,236
Total$611,369

Devault received $234.9K in salary, which accounts for 38.42% of total compensation.

Devault also received $8.7K in bonus, $201.6K of change in pension value and nonqualified deferred compensation earnings, $86.3K in non-equity incentive plan, $35.8K in option awards, $36.8K in stock awards and $7.2K in other compensation.

2009

In 2009, David V. Devault earned a total compensation of $370.4K as Senior Executive Vice President, Secretary and Chief Financial Officer at Washington Trust Bancorp.

Ranking7,115 out of 8,871
Percentile19.8%

David V. Devault's 2009 compensation ranked 7,115th out of 8,871 executive pay records tracked by us this year.

Devault earned more than 19.8% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking402 out of 779
Percentile48.4%

In the industry group of Commercial Banks, Devault's pay ranked 402nd out of 779 executive pay records tracked by us in 2009.

Devault earned more than 48.4% of executives in this group.

Bonus$3,121
Change in Pension Value and Nonqualified Deferred Compensation Earnings$110,519
Non-Equity Incentive Plan$21,879
Salary$227,908
Other$6,988
Total$370,415

Devault received $227.9K in salary, which accounts for 61.53% of total compensation.

Devault also received $3.1K in bonus, $110.5K of change in pension value and nonqualified deferred compensation earnings, $21.9K in non-equity incentive plan and $7K in other compensation.

2008

In 2008, David V. Devault earned a total compensation of $486.8K as Senior Executive Vice President, Secretary and Chief Financial Officer at Washington Trust Bancorp.

Ranking5,898 out of 7,929
Percentile25.6%

David V. Devault's 2008 compensation ranked 5,898th out of 7,929 executive pay records tracked by us this year.

Devault earned more than 25.6% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking322 out of 727
Percentile55.7%

In the industry group of Commercial Banks, Devault's pay ranked 322nd out of 727 executive pay records tracked by us in 2008.

Devault earned more than 55.7% of executives in this group.

Bonus$226
Change in Pension Value and Nonqualified Deferred Compensation Earnings$136,490
Non-Equity Incentive Plan$48,290
Option Awards$41,257
Salary$219,923
Stock Awards$33,768
Other$6,802
Total$486,756

Devault received $219.9K in salary, which accounts for 45.18% of total compensation.

Devault also received $226 in bonus, $136.5K of change in pension value and nonqualified deferred compensation earnings, $48.3K in non-equity incentive plan, $41.3K in option awards, $33.8K in stock awards and $6.8K in other compensation.

2007

In 2007, David V. Devault earned a total compensation of $323.9K as Executive Vice President, Secretary and Chief Financial Officer at Washington Trust Bancorp.

Ranking6,201 out of 7,229
Percentile14.2%

David V. Devault's 2007 compensation ranked 6,201st out of 7,229 executive pay records tracked by us this year.

Devault earned more than 14.2% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking438 out of 690
Percentile36.5%

In the industry group of Commercial Banks, Devault's pay ranked 438th out of 690 executive pay records tracked by us in 2007.

Devault earned more than 36.5% of executives in this group.

Bonus$3,488
Change in Pension Value and Nonqualified Deferred Compensation Earnings$61,733
Non-Equity Incentive Plan$52,512
Salary$200,000
Other$6,192
Total$323,925

Devault received $200K in salary, which accounts for 61.74% of total compensation.

Devault also received $3.5K in bonus, $61.7K of change in pension value and nonqualified deferred compensation earnings, $52.5K in non-equity incentive plan and $6.2K in other compensation.

2006

In 2006, David V. Devault earned a total compensation of $331.5K as Executive Vice President, Secretary and Chief Financial Officer at Washington Trust Bancorp.

Ranking4,600 out of 5,633
Percentile18.3%

David V. Devault's 2006 compensation ranked 4,600th out of 5,633 executive pay records tracked by us this year.

Devault earned more than 18.3% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking418 out of 719
Percentile41.9%

In the industry group of Commercial Banks, Devault's pay ranked 418th out of 719 executive pay records tracked by us in 2006.

Devault earned more than 41.9% of executives in this group.

Bonus$2,100
Change in Pension Value and Nonqualified Deferred Compensation Earnings$58,438
Non-Equity Incentive Plan$57,900
Option Awards$2,262
Salary$193,000
Stock Awards$11,805
Other$5,978
Total$331,483

Devault received $193K in salary, which accounts for 58.22% of total compensation.

Devault also received $2.1K in bonus, $58.4K of change in pension value and nonqualified deferred compensation earnings, $57.9K in non-equity incentive plan, $2.3K in option awards, $11.8K in stock awards and $6K in other compensation.