Edward O. Handy III

Washington Trust Bancorp

Chairman and Chief Executive Officer of the Corporation and Bank

Overview

Edward O. Handy III received an average compensation of $1,033,061 at Washington Trust Bancorp from 2014 to 2018.

Annual data

2018

Non-Equity Incentive Plan$355,781
Salary$575,000
Stock Awards$688,867
Other$94,907
Total$1,714,555

In 2018, Edward O. Handy III earned a total compensation of $1,714,555 as Chairman and Chief Executive Officer of the Corporation and Bank at Washington Trust Bancorp.

Handy received $688,867 in stock awards, which accounts for 40.18% of total compensation.

Handy also received $355,781 in non-equity incentive plan, $575,000 in salary and $94,907 in other compensation.

Edward O. Handy III's Pay$1,714,555
Median Employee's Pay$62,366
Pay Ratio27 : 1

For fiscal year 2018, the annual total compensation for Edward O. Handy III was $1,714,555 and for the median employee at Washington Trust Bancorp was $62,366. The resulting ratio of Edward O. Handy III's pay to the pay of median employee was 27 to one.

2017

Bonus$29,750
Non-Equity Incentive Plan$180,625
Salary$425,000
Stock Awards$256,658
Other$48,345
Total$940,378

In 2017, Edward O. Handy III earned a total compensation of $940,378 as Chairman and Chief Executive Officer of the Corporation and the Bank at Washington Trust Bancorp.

Handy received $425,000 in salary, which accounts for 45.19% of total compensation.

Handy also received $29,750 in bonus, $180,625 in non-equity incentive plan, $256,658 in stock awards and $48,345 in other compensation.

2016

Non-Equity Incentive Plan$188,623
Salary$410,050
Stock Awards$249,159
Other$47,183
Total$895,015

In 2016, Edward O. Handy III earned a total compensation of $895,015 as President and Chief Operating Officer of the Corporation and the Bank at Washington Trust Bancorp.

Handy received $410,050 in salary, which accounts for 45.81% of total compensation.

Handy also received $188,623 in non-equity incentive plan, $249,159 in stock awards and $47,183 in other compensation.

2015

Non-Equity Incentive Plan$196,515
Salary$411,900
Stock Awards$239,526
Other$47,337
Total$895,278

In 2015, Edward O. Handy III earned a total compensation of $895,278 as President and Chief Operating Officer of the Corporation and the Bank at Washington Trust Bancorp.

Handy received $411,900 in salary, which accounts for 46.01% of total compensation.

Handy also received $196,515 in non-equity incentive plan, $239,526 in stock awards and $47,337 in other compensation.

2014

Non-Equity Incentive Plan$190,000
Salary$385,000
Stock Awards$106,753
Other$38,327
Total$720,080

In 2014, Edward O. Handy III earned a total compensation of $720,080 as President and Chief Operating Officer of the Corporation and the Bank at Washington Trust Bancorp.

Handy received $385,000 in salary, which accounts for 53.47% of total compensation.

Handy also received $190,000 in non-equity incentive plan, $106,753 in stock awards and $38,327 in other compensation.