How Ehrman was paid
$1.6M 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 | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| William Casey McManeminFormer Chairman | $96,000 | — | — | $19,200 | $115,200 |
| Bradley J. EhrmanChief Executive Officer | $445,000 | $340,000 | $778,680 | $70,000 | $1,633,680 |
| Leslie A. MoriyamaChief Financial Officer | $410,000 | $350,000 | $692,160 | $70,000 | $1,522,160 |
What changed and why
- $1.6MCEO total compensation decreased to $1,633,680 in 2025 from $1,759,072 in 2024.
- $57.4MNet income for fiscal 2025 was $57.4 million compared to $92.4 million in 2024.
- $132.0MLimited partners received total distributions of $132.0 million during 2025.
- No employment agreements or change in control severance arrangements exist for named executive officers.
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.