How Morken was paid
$7.6M 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 | Other | Total |
|---|---|---|---|---|
| David A. MorkenChief Executive Officer | $531,970 | $6,986,470 | $39,656 | $7,558,096 |
| Daryl E. RaifordChief Financial Officer | $450,883 | $3,309,960 | $33,897 | $3,794,740 |
| Devesh AgarwalChief Operating Officer | $400,000 | $3,688,714 | $22,798 | $4,111,512 |
| Rebecca G. BottorffChief People Officer | $378,272 | $1,819,854 | $24,127 | $2,222,253 |
| R. Brandon AsbillGeneral Counsel | $382,650 | $1,588,340 | $23,513 | $1,994,503 |
What changed and why
- $7.6MCEO total compensation increased to $7,558,096 in fiscal 2025 due to higher stock award values.
- Stock awards for named executive officers included RSUs granted under the 2017 Plan.
- 80%Approximately 80% of votes cast supported the say-on-pay proposal at the 2025 annual meeting.
- Compensation committee generally targets the 50th percentile of market benchmarks when determining executive pay.
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.