William Foster III is President and Chief Executive Officer of TowneBank (TOWN). The company reported total compensation of $3,317,088 for fiscal year 2025.
| Salary | $1,127,500 |
|---|---|
| Bonus | $250,000 |
| Stock awards | $588,044 |
| Option awards | $0 |
| Non-equity incentive plan | $520,059 |
| Pension and non-qualified deferred compensation | $802,346 |
| All other compensation | $29,139 |
| Total | $3,317,088 |
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 TowneBank filed April 10, 2026.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $1,127,500 | $250,000 | $588,044 | $0 | $520,059 | $802,346 | $29,139 | $3,317,088 |
| FY2024 | President and Chief Executive Officer | $1,104,738 | $0 | $350,031 | $0 | $264,000 | $821,679 | $31,423 | $2,571,871 |
| FY2023 | President and Chief Executive Officer | $900,000 | $0 | $67,879 | $0 | $0 | $457,917 | $38,737 | $1,464,533 |
Totals as disclosed in each year's own compensation disclosure for TowneBank.
| Peer-group chief executive median | $5,119,987 |
|---|---|
| Difference from that median | $-1,802,898 |
| Percentile within the disclosed peer group | 15th |
| Peers with a disclosed figure | 20 |
Medians and percentiles are computed across the peer group TowneBank discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| William Foster III this page | President and Chief Executive Officer | $3,317,088 |
| G. Robert Aston, Jr. | Executive Chairman | $2,698,651 |
| William Littreal | Senior Executive Vice President and Chief Financial Officer | $2,192,007 |
| William Morrison | President and CEO, Towne Financial Services Group | $1,487,746 |
| Ernest Piccioli | Senior Executive Vice President and Chief Risk Officer | $1,395,763 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full TowneBank compensation brief.
William Foster III's compensation sits inside TowneBank's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.