How Donahue was paid
$17.5M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Timothy DonahuePresident and Chief Executive Officer | $1,450,000 | $8,627,475 | $4,205,000 | $3,158,490 | $60,398 | $17,501,363 |
| Kevin ClothierSenior Vice President and Chief Financial Officer | $805,000 | $2,012,535 | $1,449,000 | $984,320 | $22,440 | $5,273,295 |
| Gerard GiffordExecutive Vice President and Chief Administrative Officer | $972,000 | $3,353,379 | $2,138,400 | $0 | $124,261 | $6,588,040 |
| Djalma NovaesExecutive Vice President and Chief Operating Officer | $780,000 | $1,760,061 | $1,408,000 | $863,936 | $19,299 | $4,831,296 |
| Adam DicksteinSenior Vice President, General Counsel and Corporate Secretary | $675,000 | $1,248,788 | $1,080,000 | $485,344 | $11,896 | $3,501,028 |
What changed and why
- $17.5MCEO total compensation rose to $17,501,363 in 2025 compared to $13,618,150 in 2024.
- Approximately two-thirds of named executive officer share awards are performance-based.
- 92%The say-on-pay resolution received approximately 92% favorable votes at the 2025 Annual Meeting.
- $4.2MNon-equity incentive plan compensation for the CEO was established at $4,205,000.
- $3.2MChange in pension value for the CEO was recorded at $3,158,490 for fiscal 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.