How Kiernan was paid
$1.4M 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| John E. KiernanPresident and Chief Executive Officer | $544,529 | $100,000 | $468,180 | $238,856 | $33,603 | $1,385,168 |
| Mitch HutchcraftExecutive Vice President Real Estate | $333,712 | $40,000 | — | $155,000 | $27,057 | $555,769 |
| Brad HeineChief Financial Officer | $275,000 | $90,000 | — | — | $15,668 | $380,668 |
What changed and why
- $1.4MCEO total compensation decreased to $1,385,168 in fiscal year 2025 from $1,576,769 in fiscal year 2024.
- $100KJohn E. Kiernan received a discretionary bonus of $100,000 and stock awards valued at $468,180.
- $556KMitch Hutchcraft joined as Executive Vice President Real Estate with total compensation of $555,769.
- $381KBrad Heine served as Chief Financial Officer with total compensation of $380,668.
- Performance-based restricted stock units were granted to the CEO under the Kiernan Bonus Agreement.
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.