How Skelton was paid
$6.9M 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 |
|---|---|---|---|---|---|
| Clifford SkeltonFormer President and Chief Executive Officer | $835,000 | $6,001,997 | — | $15,000 | $6,851,997 |
| Giles GoodburnExecutive Vice President & Chief Financial Officer | $428,125 | $830,844 | $62,714 | — | $1,321,683 |
| Michael KrawitzExecutive Vice President, General Counsel & Secretary | $525,000 | $1,456,995 | $89,250 | $19,455 | $2,090,700 |
| Adam ApplebyExecutive Vice President, Public Sector | $475,000 | $958,997 | $76,000 | $498 | $1,510,495 |
| Mark ProutFormer Executive Vice President Chief Information and Technology Officer | $450,000 | $1,019,993 | — | $7,237 | $1,477,230 |
| Stephen WoodFormer Executive Vice President & Chief Financial Officer | $220,048 | $1,399,998 | — | $916,732 | $2,536,778 |
| Michael McDanielFormer Executive Vice President, Commercial Solutions | $405,129 | $1,339,995 | — | $520,393 | $2,265,517 |
What changed and why
- $6.9MClifford Skelton received total compensation of $6,851,997 in fiscal 2025, representing an increase from $6,751,797 in fiscal 2024.
- $14,809The CEO to median employee pay ratio was 463:1 based on a median employee compensation of $14,809.
- Giles Goodburn was appointed Chief Financial Officer on May 2, 2025.
- Stephen Wood departed the company on May 2, 2025, receiving severance and a lump sum payment.
- The Compensation Committee cancelled the APIP shares originally granted to named executive officers under the LTIP on March 11, 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.