How Shelton was paid
$2.4M 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 |
|---|---|---|---|---|---|---|
| Jerrell W. SheltonPresident and Chief Executive Officer | $967,845 | $192,300 | $306,869 | $908,510 | $0 | $2,375,524 |
| Robert S. StefanovichSenior Vice President and Chief Financial Officer | $597,895 | $64,100 | $101,604 | $342,016 | $14,000 | $1,119,615 |
| Mark W. Sawicki, Ph.D.Chief Scientific Officer | $597,897 | $57,690 | $97,584 | $218,890 | $14,000 | $986,061 |
| Edward ZecchiniSenior Vice President and Chief Digital and Technology Officer | $597,895 | $51,280 | $82,838 | $342,016 | $14,000 | $1,088,029 |
What changed and why
- $176.2MTotal revenue for 2025 increased 12.4% year-over-year to $176.2 million.
- $2.4MCEO total compensation increased to $2,375,524 in 2025 from $1,874,870 in 2024.
- $33.4MCommercial cell and gene therapy revenue grew 28.6% to a record $33.4 million.
- 95%Stockholders approved the previous say-on-pay proposal with approximately 95% support.
- Frederic W. Cook & Co., Inc. served as the independent compensation consultant.
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.