How Warzala was paid
$3.5M 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 |
|---|---|---|---|---|---|
| Richard S. WarzalaPresident and Chief Executive Officer | $740,000 | $1,110,035 | $1,615,232 | $65,554 | $3,530,820 |
| James A. MichaudSenior Vice President and Chief Financial Officer | $385,000 | $173,255 | $337,219 | $31,346 | $926,819 |
| Ashish R. BendreVice President and Group President | $400,000 | $123,780 | $184,389 | $35,651 | $743,820 |
| Helmut D. PirthauerVice President and Group President | $367,036 | $74,971 | $274,536 | $14,555 | $731,097 |
| Stephen R. WarzalaVice President, Chief Growth Officer and Group President | $265,000 | $106,023 | $160,121 | $22,016 | $553,159 |
What changed and why
- $3.5MRichard S. Warzala received total compensation of $3,530,820 for fiscal 2025, representing an increase from the prior year.
- 96.1%The company maintained strong shareholder support with 96.1% of votes cast approving executive compensation.
- Annual cash incentive plan awards were earned based on corporate and business unit performance.
- Equity incentive compensation included service-based restricted shares and performance share plan awards.
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.