How Eddy was paid
$16.7M in total for fiscal year 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 |
|---|---|---|---|---|---|
| Bob EddyPresident and Chief Executive Officer | $1,432,701 | $12,499,863 | $2,334,500 | $410,972 | $16,678,036 |
| Laura FeliceExecutive Vice President, Chief Financial Officer | $791,355 | $2,499,788 | $625,600 | $82,455 | $3,999,198 |
| Paul CichockiExecutive Vice President, Chief Commercial Officer | $982,696 | $2,999,976 | $920,000 | $106,411 | $5,009,083 |
| Bill WernerExecutive Vice President, Strategy and Development | $637,022 | $1,299,982 | $508,300 | $76,400 | $2,521,704 |
| Tim MorningstarExecutive Vice President, Chief Growth Officer | $841,358 | $2,374,800 | $664,700 | $95,436 | $3,976,294 |
What changed and why
- $16.7M$16,678,036 was Bob Eddy’s total compensation, compared with $13,608,152 in fiscal year 2024.
- $12.5M$12,499,863 of CEO compensation was stock awards, including performance share units and restricted stock units.
- 92%92% was the actual performance level for fiscal 2023 performance share units after the three-year performance period.
- $22.5M$22,499,823 was the maximum-performance value of fiscal 2025 CEO performance share units.
- 622:1 was the fiscal 2025 CEO-to-median-employee pay ratio.
- Fiscal 2025 annual incentive payouts were based on performance under the Annual Incentive Plan.
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.