CEO Nitin Mhatre was paid $2,662,950 in fiscal year 2024 (SEC filing 0001628280-26-022949 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$2,662,950 Nitin Mhatre total, FY2024 | — CEO pay percentile vs peers | 44:1 CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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BHLB's next annual pay disclosure, estimated April 2, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Nitin Mhatre | $835,000 | $0 | $886,410 | $0 | $704,970 | $0 | $236,570 | $2,662,950 |
| Former Chief Executive Officer, Berkshire | ||||||||
| Sean Gray | 584,000 | 0 | 501,885 | 0 | 394,445 | 0 | 310,642 | 1,790,972 |
| Chief Operations Officer | ||||||||
| James Brown | 470,000 | 0 | 377,788 | 0 | 290,933 | 0 | 37,452 | 1,176,173 |
| Former Head of Commercial, Berkshire | ||||||||
| Gregory Lindenmuth | 355,350 | 0 | 161,681 | 0 | 180,008 | 0 | 26,875 | 723,914 |
| Former Chief Risk Officer, Berkshire | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Nitin Mhatre | $2,662,950 | — | — | — |
| Sean Gray | 1,790,972 | — | — | — |
| James Brown | 1,176,173 | — | — | — |
| Gregory Lindenmuth | 723,914 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2024 total |
|---|---|---|
| Brett Brbovic | Executive | — |
| Carl Carlson | CFO | — |
| Sean Gray | COO | $1,790,972 |
| Paul Perrault | CEO | — |
| Gregory Lindenmuth | Chief Risk Officer, Berkshire | $723,914 |
| Jacqueline Courtwright | Chief Human Resources Officer | — |
| James Brown | Head of Commercial, Berkshire | $1,176,173 |
| Nitin Mhatre | Executive | $2,662,950 |
| Wm. Gordon Prescott | General Counsel | — |
No insider equity transactions reported since the proxy statement.
| Ratio (CEO : median employee) | 44 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $59,792 |
| Annual cash retainer | $45,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 13,000 / 6,000 / 6,000 |
| Stock ownership guideline | $5 |
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Beacon Financial | 2024 | Nitin Mhatre | $835,000 | $886,410 | $0 | $704,970 | $2,662,950 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Nitin Mhatre | DEF 14A | 2026-04-02 | 0001628280-26-022949 | Section “Named Executive Officer Compensation” · page 48. As printed: 2,662,950. View filing ↗ |
| 2 | Section 01, Sean Gray | DEF 14A | 2026-04-02 | 0001628280-26-022949 | Section “Named Executive Officer Compensation” · page 48. As printed: 1,790,972. View filing ↗ |
| 3 | Section 01, James Brown | DEF 14A | 2026-04-02 | 0001628280-26-022949 | Section “Named Executive Officer Compensation” · page 48. As printed: 1,176,173. View filing ↗ |
| 4 | Section 01, Gregory Lindenmuth | DEF 14A | 2026-04-02 | 0001628280-26-022949 | Section “Named Executive Officer Compensation” · page 48. As printed: 723,914. View filing ↗ |
| 5 | Section 07, pay ratio | DEF 14A | 2024-04-05 | 0001108134-24-000006 | Section “CEO Pay Ratio”. As printed: 44 : 1. View filing ↗ |
| 6 | Beacon Financial (subject), Section 10b CEO total | DEF 14A | 2026-04-02 | 0001628280-26-022949 | CEO total compensation as printed in Beacon Financial's own proxy. As printed: 2,662,950. View filing ↗ |