Senior Executive Vice President and Chief Risk Officer · TowneBank (TOWN)

Ernest Piccioli

A named executive officer of TowneBank in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$1,395,763

FY2024: $1,061,632

Compensation figures as of the proxy filed April 10, 2026 (DEF 14A).

Ernest Piccioli compensation by year

TowneBank Summary Compensation Table · all 3 fiscal years held
In US dollars, as TowneBank reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$339,546$544,050$571,392
Bonus$0$0$0
Stock awards$310,022$200,003$443,555
Option awards$0$0$0
Non-equity incentive$0$130,572$175,703
Pension and deferred compensation$70,863$161,918$173,420
All other$11,662$25,089$31,693
Total$732,093$1,061,632$1,395,763

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: TowneBank DEF 14A filed April 10, 2026, and prior-year filings. Open the filing on EDGAR.

$732K
$1.1M
$1.4M
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsAll other

TowneBank’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
William Foster IIIPresident and Chief Executive Officer$3,317,088
G. Robert Aston, Jr.Executive Chairman$2,698,651
William LittrealSenior Executive Vice President and Chief Financial Officer$2,192,007
William MorrisonPresident and CEO, Towne Financial Services Group$1,487,746
Ernest Piccioli · this pageSenior Executive Vice President and Chief Risk Officer$1,395,763

The full TowneBank compensation record

free company brief

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are TowneBank's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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