How Heppner was paid
$4.4M 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 | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| Brad K. HeppnerChief Executive Officer and Chairman of the Board | $225,000 | — | — | $4,151,578 | $4,376,578 |
| Derek L. FletcherPresident of BFF and Chief Fiduciary Officer and Director | $565,000 | — | — | $18,732 | $583,732 |
| Jeff WeldayFormer Global Head of Originations & Distribution | $300,000 | $3,919 | $642,882 | $18,732 | $965,533 |
What changed and why
- $4.4MBrad K. Heppner received total compensation of $4,376,578 for fiscal 2025, down from $5,508,514 in fiscal 2024.
- Brad K. Heppner resigned from the Board of Directors and as Chief Executive Officer effective June 19, 2025.
- $584KDerek L. Fletcher earned total compensation of $583,732 in fiscal 2025, which included a salary of $565,000.
- $966KJeff Welday earned total compensation of $965,533 in fiscal 2025 before resigning effective August 11, 2025.
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.