How II was paid
$1.2M 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 | Total |
|---|---|---|---|
| Jeffrey B. Lown IIPresident and Chief Executive Officer | $1,235,000 | — | $1,235,000 |
| Julian B. EvansChief Investment Officer | $550,000 | $275,000 | $825,000 |
| Susan HealeyGeneral Counsel and Secretary | $213,699 | $187,500 | $401,199 |
What changed and why
- $1.2MJeffrey B. Lown II received total compensation of $1,235,000 for fiscal 2025.
- $825KChief Investment Officer Julian B. Evans received total compensation of $825,000 for fiscal 2025.
- $401KGeneral Counsel and Secretary Susan Healey received total compensation of $401,199 for fiscal 2025.
- The company adopted the Executive Severance Plan in March 2025 for key executive positions.
- 61%Approximately 61 percent of votes cast supported the 2025 say-on-pay advisory vote.
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.