How Brown was paid
$4M in total for fiscal 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 |
|---|---|---|---|---|---|---|
| Joseph W. BrownChief Executive Officer | $1,000,000 | $2,500,000 | $494,500 | — | $7,290 | $4,001,790 |
| Brian J. RileyChief Financial Officer | $450,000 | $124,495 | — | $170,000 | $21,288 | $765,783 |
What changed and why
- $4MCEO total compensation decreased slightly to $4,001,790 for fiscal 2025.
- $1MJoseph W. Brown received a base salary of $1,000,000 and a cash bonus of $2,500,000.
- $495KStock awards of $494,500 were granted to the CEO in the form of options.
- 99%Shareholders approved the prior say-on-pay resolution with approximately 99 percent support.
- The CEO to median employee pay ratio was calculated as 36.9 to 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.