How Soroye was paid
$14.4M 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 | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|---|
| Olumide O. SoroyePresident and Chief Executive Officer | $931,733 | — | $8,196,125 | $3,706,519 | $1,358,100 | — | $212,535 | $14,405,012 |
| Mark D. OkerstromSenior Vice President, Chief Financial Officer | $600,000 | $1,250,000 | $13,664,653 | $4,699,786 | $1,036,000 | — | $163,000 | $21,413,439 |
| Peter C. UnderwoodSenior Vice President, Chief Legal Officer | $630,000 | — | $2,831,988 | $943,553 | $570,402 | — | $115,828 | $5,091,771 |
| Stacey A. WalkerFormer Senior Vice President, Chief People Officer | $625,000 | — | $3,049,398 | $1,016,177 | $577,125 | — | $173,412 | $5,441,113 |
| Jonathan L. SchwarzFormer Senior Vice President, Strategic and Corporate Development | $625,000 | — | $2,178,415 | $725,973 | $507,875 | — | $369,781 | $4,407,044 |
| James A. LicoFormer President and Chief Executive Officer | $1,250,000 | — | $5,663,576 | $1,887,129 | $1,159,000 | — | $535,387 | $10,495,092 |
| Charles E. McLaughlinFormer Senior Vice President, Chief Financial Officer | $394,615 | — | — | $477,204 | — | $244,291 | $1,116,110 | — |
| Tamara NewcombeFormer President and CEO, Precision Technologies | $436,539 | — | $2,184,719 | $2,613,222 | — | — | $161,078 | $5,395,558 |
What changed and why
- Olumide O. Soroye became President and Chief Executive Officer on June 27, 2025.
- James A. Lico transitioned from CEO to a non-executive special advisor until his retirement.
- $14.4MTotal compensation for CEO Olumide O. Soroye reached $14,405,012 for fiscal year 2025.
- The company completed the separation of its Precision Technologies segment on June 28, 2025.
- 86.5%Shareholders approved the prior say-on-pay proposal with 86.5% support.
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.