How Hart was paid
$39.4M 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Gregory M. HartPresident, CEO, and Director | $540,833 | $14,629,466 | $23,644,105 | $570,467 | $2,500 | $39,387,371 |
| Jeffrey N. MaggioncaldaFormer President, CEO, and Director | $35,000 | $3,560,039 | $485,383 | — | $650,000 | $4,730,422 |
| Michael D. FoleySenior Vice President, CFO, and Treasurer | $250,000 | — | — | — | $2,500 | $252,500 |
| Kenneth R. HahnFormer Senior Vice President, CFO, and Treasurer | $371,875 | $4,667,788 | $429,892 | — | $719,738 | $6,189,293 |
| Alan B. CardenasSenior Vice President, General Counsel and Secretary | $400,000 | $1,068,000 | — | $212,600 | $2,500 | $1,683,100 |
| Marcelo C. ModicaSenior Vice President, and Chief People Officer | $400,000 | $1,068,000 | — | $212,600 | $2,500 | $1,683,100 |
What changed and why
- $39.4M$39,387,371 was CEO Gregory Hart’s reported 2025 total compensation.
- $38.3M$38,273,571 of Hart’s reported compensation consisted of stock and option awards tied to his CEO recruitment.
- $39.5M$39,493,241 was Hart’s annualized compensation used for the 2025 pay ratio.
- $139K283.3:1 was the 2025 CEO-to-median-employee pay ratio, versus a $139,401 median employee total compensation.
- 60.5%60.5% of votes supported the prior year’s say-on-pay resolution.
- 2025 compensation included separation and advisory-period payments for former CEOs Maggioncalda and Hahn.
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.