David DeMarco is President and CEO of Arrow Financial Corp (AROW). The company reported total compensation of $1,572,406 for fiscal year 2025.
| Salary | $715,850 |
|---|---|
| Bonus | $0 |
| Stock awards | $243,265 |
| Option awards | $0 |
| Non-equity incentive plan | $379,401 |
| Pension and non-qualified deferred compensation | $171,248 |
| All other compensation | $62,642 |
| Total | $1,572,406 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Arrow Financial Corp filed April 23, 2026, accession 0000717538-26-000045.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and CEO | $715,850 | $0 | $243,265 | $0 | $379,401 | $171,248 | $62,642 | $1,572,406 |
| FY2024 | President and CEO | $695,000 | $0 | $103,926 | $0 | $312,750 | $96,736 | $25,274 | $1,233,686 |
| FY2023 | President and Chief Executive Officer | $502,308 | $0 | $0 | $40,100 | $215,625 | $151,195 | $34,304 | $943,532 |
Totals as disclosed in each year's own compensation disclosure for Arrow Financial Corp.
| Peer-group chief executive median | $2,556,151 |
|---|---|
| Difference from that median | $-983,744 |
| Percentile within the disclosed peer group | 10th |
| Peers with a disclosed figure | 10 |
Medians and percentiles are computed across the peer group Arrow Financial Corp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| David DeMarco this page | President and CEO | $1,572,406 |
| Penko Ivanov | Senior Executive Vice President, CFO, Treasurer and Chief Accounting Officer | $787,036 |
| Andrew Wise | Senior Executive Vice President, CRO and Corporate Secretary | $729,216 |
| Marc Yrsha | Senior Executive Vice President and Chief Banking Officer | $708,269 |
| Michael Jacobs | Executive Vice President and Chief Information Officer | $470,629 |
| Brooke Pancoe | Executive Vice President and Chief Human Resources Officer | $447,527 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Arrow Financial Corp compensation brief.
David DeMarco's compensation sits inside Arrow Financial Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.