Everforth (EFOR) executive compensation, 2026 proxy

Theodore S. Hanson, Chief Executive Officer, was paid $10.5M in 2025, up 26% from $8.3M the year before. The CEO-to-median-employee pay ratio was 152:1, on median employee pay of $69,112.

Filed
April 27, 2026
Annual meeting
June 11, 2026
Pay year
2025
Named executives
6
CEO total pay
$10.5M+26% vs prior year
CEO to median employee
152:1median $69,112
CEO pay in equity
74%$7.8M in awards
CEO Total Compensation
$10,475,672Fiscal 2025 compensation
CEO Base Salary
$1,100,000Increased from prior year
CEO Stock Awards
$7,787,118Grant date fair value
CEO Non-Equity Incentive
$1,566,066Annual cash bonus payout
Median Employee Pay
$69,112Based on 2025 cash comp

How Hanson was paid

$10.5M 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.

Salary11%Stock awards74%Non-equity incentive15%All other compensation0%

Named executive officers

ExecutiveTotal
Theodore S. HansonChief Executive Officer$10,475,672
Sadasivam (Shiv) IyerPresident$7,707,452
Marie L. PerryExecutive Vice President and Chief Financial Officer$3,721,800
Jennifer H. PainterSenior Vice President, Chief Legal Officer and Secretary$2,988,648
Rose L. CunninghamVice President, Chief Accounting Officer and Controller$1,135,147
Randolph C. BlazerExecutive Vice Chair$3,899,154

What changed and why

  • $10.5MCEO Theodore S. Hanson received total compensation of $10,475,672 in 2025, representing an increase from $8,336,636 in 2024.
  • $1.1MBase salary for CEO Theodore S. Hanson increased from $1,050,000 to $1,100,000 effective January 1, 2025.
  • $7.7MSadasivam Iyer joined Everforth as President on March 1, 2025, with total 2025 compensation of $7,707,452.
  • $7.8MStock awards granted to CEO Theodore S. Hanson totaled $7,787,118 in 2025 compared to $6,174,382 in 2024.
  • $69,112The median employee total compensation for 2025 was determined to be $69,112 resulting in a pay ratio of 152:1.

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.