How Rivera was paid
$5.2M 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 | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| Daniel RiveraPresident and Chief Executive Officer | $714,328 | — | $4,421,299 | $52,608 | $5,188,235 |
| Michael DiamondExecutive Vice President and Chief Financial Officer | $700,000 | — | $2,036,570 | $40,060 | $2,776,630 |
| Scott O’MeliaExecutive Vice President and Chief Legal Officer | $582,693 | $333,333 | $1,527,438 | $20,231 | $2,463,695 |
| Muhammad KhalidExecutive Vice President and Chief Operating Officer | $507,693 | — | $4,006,703 | $37,271 | $4,551,667 |
| Jonathan FitzpatrickNon-Executive Chair of the Board and Former President and Chief Executive Officer | $384,615 | — | $205,565 | $926,432 | $1,516,612 |
What changed and why
- $5.2M$5,188,235 was CEO Daniel Rivera’s 2025 total compensation, compared with $2,631,334 in 2024.
- May 9, 2025 marked Rivera’s appointment as CEO and Fitzpatrick’s departure from executive employment.
- 85%85% of the CEO’s 2025 target compensation was at-risk and tied to performance or equity value.
- 60%2025 annual PSUs weighted cumulative adjusted EBITDA at 60% and relative TSR at 40%.
- $3.9M$3,868,169 was the maximum-performance grant-date value of Khalid’s special PSUs.
- 86%86% of votes cast supported the NEO compensation program 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.