David S. DeMarco

Arrow Financial Corp. (AROW)
     NY
Total Compensation for Fiscal Year Ending in 2023: $943,532
Salary $502,308
Bonus $0
Value of Stock Awards $0
Value of Option Awards $40,100
Non-Equity Incentive Plan Compensation $215,625
Change in Pension Value and Deferred Compensation Earnings $151,195
All Other Compensation $34,304
Total $943,532
Arrow Financial Corp. disclosed its CEO pay was
18
times its median employee's pay for the fiscal year ending in 2023.
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