How Wilkes 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| L. Reade FahsExecutive Chairman | $908,154 | — | $4,313,738 | $2,024,980 | $43,824 | $7,290,696 |
| Alexander N. WilkesChief Executive Officer | $734,616 | — | $3,156,887 | $1,259,468 | $47,891 | $5,198,862 |
| Christopher J. LadenChief Financial Officer | $355,769 | $200,000 | $1,000,009 | $638,950 | $3,931 | $2,198,659 |
| Mark S. BannerPresident of America’s Best | $536,538 | — | $1,078,450 | $648,780 | $13,513 | $2,277,281 |
| Jared BrandmanChief Legal & Strategy Officer, Corporate Secretary | $542,308 | — | $808,832 | $702,845 | $6,931 | $2,060,916 |
| Bill ClarkChief People Officer | $443,231 | — | $647,086 | $532,589 | $15,340 | $1,638,246 |
| Patrick R. MooreSpecial Advisor, Former Interim Chief Financial Officer | $149,615 | — | — | — | $7,050 | $156,665 |
| Melissa RasmussenFormer Chief Financial Officer | $107,692 | — | — | — | — | $1,452,952 |
What changed and why
- 5.9%5.9% comparable store sales growth accompanied 2025 compensation disclosures.
- August 1, 2025 marked Alex Wilkes’s succession as CEO and Reade Fahs’s transition to Executive Chairman.
- $5.2M$5.2M was Wilkes’s 2025 total compensation, compared with $2.5M in 2024.
- 200%200% was the maximum PSU payout, based on Adjusted Operating Income, ROIC, and relative TSR.
- 50%50% of long-term incentive awards were RSUs and 50% were PSUs.
- 90%Over 90% of votes supported say-on-pay 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.