How III was paid
$8.4M 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 | Other | Total |
|---|---|---|---|---|
| Ernest C. Garcia, IIIChief Executive Officer | $961,674 | $7,419,121 | $1,760 | $8,382,555 |
| Mark JenkinsChief Financial Officer | $954,435 | $7,378,767 | $21,647 | $8,354,849 |
| Benjamin HustonChief Operating Officer | $954,435 | $7,378,767 | $19,743 | $8,352,945 |
| Daniel GillChief Product Officer | $825,000 | $6,602,762 | $51,837 | $7,479,599 |
| Thomas TairaPresident, Special Projects | $838,184 | $4,458,662 | $7,710 | $5,304,556 |
What changed and why
- $8.4MErnest C. Garcia, III received a total compensation of $8,382,555 for fiscal 2025.
- $10.6MCEO total compensation decreased from $10,595,400 in fiscal 2024 to $8,382,555 in fiscal 2025.
- The compensation program heavily emphasizes at-risk pay and long-term stockholder value creation through equity awards.
- The ratio of the CEO to median employee annual total compensation was 194-to-1.
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.