How Downing was paid
$5.9M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Steve DowningPresident and CEO | $850,000 | $3,741,489 | $981,937 | $372,544 | $5,945,970 |
| Neil BoehmVice President - Engineering and CTO | $575,000 | $1,216,219 | $452,899 | $217,007 | $2,461,125 |
| Kevin NashVice President - Finance, CFO and Treasurer | $561,500 | $1,173,912 | $437,146 | $168,880 | $2,341,438 |
| Matt ChiodoSenior Vice President - Sales and Chief Sales Officer | $480,000 | $905,532 | $378,072 | $202,712 | $1,966,316 |
| Scott RyanVice President, General Counsel and Corporate Secretary | $444,500 | $830,070 | $346,566 | $190,569 | $1,811,705 |
What changed and why
- 10%Company sales increased 10% on a year-over-year basis including VOXX acquisition.
- $5.9MChief executive officer total compensation increased to $5,945,970 in 2025.
- 96%Last year advisory vote on executive compensation received 96% support.
- Annual incentive plan metrics include revenue operating income and earnings per diluted share.
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.