How Horgen was paid
$16.3M 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 |
|---|---|---|---|---|---|
| Jay C. HorgenPresident and Chief Executive Officer | $750,000 | $8,967,000 | $6,525,000 | $69,950 | $16,311,950 |
| Dava E. RitcheaChief Financial Officer | $500,000 | $1,594,000 | $1,994,500 | $30,700 | $4,119,200 |
| Kavita PadiyarGeneral Counsel and Corporate Secretary | $500,000 | $2,357,000 | $1,425,000 | $34,175 | $4,316,175 |
| Thomas M. WojcikFormer President and Chief Operating Officer | $500,000 | $8,911,000 | $4,300,000 | $29,125 | $13,740,125 |
| Rizwan M. JamalFormer Managing Director, Affiliate Partnerships | $250,000 | $1,750,000 | — | $1,350 | $2,001,350 |
What changed and why
- $16.3MCEO total compensation increased to $16,311,950 in fiscal 2025 from $13,030,846 in fiscal 2024.
- 22%Economic earnings per share grew 22% to $26.05 relative to the prior year.
- 97%Stockholders approved the say-on-pay proposal with 97% support at the annual meeting.
- 35%Alternative investments AUM increased 35% in 2025 through organic growth and new Affiliates.
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.