How Lee was paid
$1.7M 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 | Options | Other | Total |
|---|---|---|---|---|---|---|
| Daniel R. LeeDirector and Chief Executive Officer | $654,936 | $280,000 | $350,000 | $349,971 | $67,730 | $1,702,637 |
| Lewis A. FangerDirector, President, Chief Financial Officer and Treasurer | $471,346 | $150,000 | $588,813 | — | $9,560 | $1,219,719 |
| Elaine L. GuidrozSenior Vice President, General Counsel and Secretary | $342,933 | $105,000 | $248,444 | — | $9,033 | $705,410 |
What changed and why
- $1.7MDaniel R. Lee received total compensation of $1,702,637 in 2025, an increase from $1,486,751 in 2024.
- Stock and option awards for the CEO included performance criteria tied to EBITDA and free cash flow growth.
- Certain 2025 performance criteria were not fully satisfied, resulting in cancellation of portions of performance shares.
- $34,546The CEO to median employee pay ratio was reported as 49-to-1 with median employee pay at $34,546.
- Executive compensation programs utilize both time-based and performance-based equity awards to align with long-term shareholder returns.
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.