How III was paid
$8.2M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| William J. Lynn IIIFormer Chairman and CEO | $1,157,249 | $4,846,532 | $2,126,500 | — | $94,711 | $8,224,992 |
| Michael DippoldExecutive Vice President, CFO | $547,588 | $1,155,206 | $634,000 | — | $59,220 | $2,396,014 |
| John BaylounyExecutive Vice President, COO | $612,187 | $1,273,391 | $755,900 | — | $62,354 | $2,703,832 |
| Mark DorfmanExecutive Vice President General Counsel & Secretary | $498,989 | $730,747 | $539,200 | — | $56,980 | $1,825,916 |
| Sally WallaceExecutive Vice President, Operations | $501,992 | $644,770 | $502,700 | $38,078 | $49,050 | $1,736,590 |
What changed and why
- $8.2MWilliam J. Lynn III received total compensation of $8,224,992 for fiscal 2025, an increase from $7,874,971 in fiscal 2024.
- Effective January 1, 2026, John A. Baylouny succeeded William J. Lynn III as President and Chief Executive Officer.
- $4.2BThe company achieved $4.2 billion in bookings, reflecting a 13% increase in year-over-year revenue generation.
- $227MFree cash flow reached $227 million, demonstrating a 19% growth year-over-year in performance metrics.
- 99%Stockholders approved the prior say-on-pay proposal with approximately 99% support at the 2025 annual meeting.
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.