How Burnett was paid
$2.8M 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 | Other | Total |
|---|---|---|---|---|---|
| Joseph M. BurnettChief Executive Officer and President | $584,231 | $1,799,996 | $414,180 | $16,537 | $2,814,944 |
| Danilo D’AlessandroChief Financial Officer | $385,753 | $699,993 | $152,100 | $16,507 | $1,254,353 |
| Jeremy L. StigallChief Business Officer | $365,385 | $599,994 | $144,300 | $13,124 | $1,122,803 |
What changed and why
- $2.8MCEO total compensation increased to $2,814,944 in 2025 from $2,532,674 in 2024 due to higher salary and stock awards.
- 78%Annual bonus plan payout was set at 78% of target based on committee discretion despite lower than projected revenue.
- $540KBase salary for the CEO was increased from $540,000 to $590,000 effective February 1, 2025.
- $1.8MRestricted stock units valued at $1,800,000 were granted to the CEO on March 3, 2025.
- 90%Annual target bonus percentage for the CEO was decreased from 90% to 75% for 2026.
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.