How Hogan was paid
$19.2M 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 |
|---|---|---|---|---|---|
| Joseph M. HoganPresident and Chief Executive Officer | $1,400,000 | $16,556,872 | $1,220,100 | $17,016 | $19,193,988 |
| John F. MoriciChief Financial Officer and Executive Vice President, Global Finance | $697,692 | $4,675,834 | $305,025 | $21,783 | $5,700,334 |
| Julie ColettiExecutive Vice President, Chief Legal and Regulatory Officer | $644,231 | $3,542,293 | $283,238 | $13,652 | $4,483,414 |
| Stuart HockridgeExecutive Vice President, Global Human Resources | $537,692 | $1,983,440 | $235,305 | $17,872 | $2,774,309 |
What changed and why
- $19.2MCEO total compensation decreased to $19,193,988 in 2025 primarily due to a lower grant date fair value of equity awarded.
- Non-CEO NEO total compensation decreased compared to 2024 due to lower equity award values and smaller annual cash bonuses.
- Stock awards for 2025 included time-based RSUs and market stock units tied to relative total stockholder return.
- Annual cash incentive payouts were determined using corporate performance metrics under the Bonus Plan.
- Stuart Hockridge's employment was terminated without cause in September 2025, effective May 2026.
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.