How Vondran was paid
$14.9M 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 |
|---|---|---|---|---|---|
| Steven O. VondranPresident and CEO | $1,000,000 | $11,528,748 | $2,280,000 | $45,757 | $14,854,505 |
| Rodney M. SmithExecutive Vice President, Chief Financial Officer and Treasurer | $660,000 | $4,685,375 | $940,500 | $46,786 | $6,332,661 |
| Olivier PuechExecutive Vice President and President, International | $640,341 | $4,685,375 | $912,486 | $256,200 | $6,494,402 |
| Ruth T. DowlingExecutive Vice President, Chief Administrative Officer, General Counsel and Secretary | $620,000 | $3,332,110 | $883,500 | $44,466 | $4,880,076 |
| Eugene M. NoelExecutive Vice President and Chief Operating Officer | $628,269 | $3,123,559 | $897,750 | $55,250 | $4,704,828 |
What changed and why
- $14.9MCEO total compensation increased to $14,854,505 in 2025 from $13,426,944 in 2024.
- $11.5MStock awards for the CEO were $11,528,748, reflecting a mix of RSUs and performance-based PSUs.
- $2.3MAnnual performance incentive payout for the CEO was $2,280,000 based on financial and strategic goals.
- 94%Stockholders approved the executive compensation program with over 94% 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.