President and Chief Executive Officer · TowneBank (TOWN)

William Foster III

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.

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Total disclosed compensation, FY2025

$3,317,088

FY2024: $2,571,871

1st of 5 named executive officers at TowneBank by FY2025 total.

5 named officers on file for TowneBank, FY2025

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What this number hides

The filing gives the total. TowneBank’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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

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William Foster III 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$900,000$1,104,738$1,127,500
Bonus$0$0$250,000
Stock awards$67,879$350,031$588,044
Option awards$0$0$0
Non-equity incentive$0$264,000$520,059
Pension and deferred compensation$457,917$821,679$802,346
All other$38,737$31,423$29,139
Total$1,464,533$2,571,871$3,317,088

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.

$1.5M
$2.6M
$3.3M
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

TowneBank’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
William Foster III · this pagePresident 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 PiccioliSenior Executive Vice President and Chief Risk Officer$1,395,763

Board service

TowneBank board · FY2025

Committees

Executive

The full TowneBank compensation record

free company brief

This page is one person within TowneBank's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the TowneBank proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order TowneBank's full Executive Compensation Report with peer benchmarking.

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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William Foster III's compensation dossier