How Hult was paid
$10.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| David W. HultPresident & Chief Executive Officer | $1,300,000 | $6,999,971 | $2,404,350 | $31,582 | $10,735,903 |
| Daniel E. ClaraChief Operating Officer | $793,269 | $1,499,889 | $931,600 | $26,342 | $3,251,100 |
| Michael D. WelchSenior Vice President & Chief Financial Officer | $746,635 | $1,400,053 | $873,375 | $20,100 | $3,040,163 |
| Dean A. CallowaySenior Vice President, General Counsel & Secretary | $664,904 | $1,000,122 | $786,038 | $20,100 | $2,471,164 |
| Jed M. MilsteinSenior Vice President & Chief Human Resources Officer | $646,635 | $1,000,122 | $756,925 | $20,100 | $2,423,782 |
What changed and why
- $10.7MCEO David W. Hult total compensation increased to $10,735,903 for fiscal 2025.
- $7MStock awards for the CEO totaled $6,999,971 in fiscal 2025.
- $2.4MNon-equity incentive plan compensation for the CEO was $2,404,350.
- 97.6%Stockholders approved the executive compensation program with 97.6% support at the prior annual meeting.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.