Heritage Global (HGBL) executive compensation, 2026 proxy

Ross Dove, President and Chief Executive Officer, was paid $649,338 in 2025, down 31% from $944,974 the year before.

Filed
April 21, 2026
Annual meeting
June 3, 2026
Pay year
2025
Named executives
3
CEO total pay
$649,338-31% vs prior year
CEO pay in equity
14%$93,591 in awards
CEO Salary
$425,000Unchanged from prior year
CEO Stock Awards
$93,591Restricted common stock
Financial Assets President Bonus
$621,587Based on division operating income
Industrial Assets President Bonus
$292,559Based on division operating income
Fiscal 2025 Net Income
$3,587,000Decreased from prior year

How Dove was paid

$649,338 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.

Salary65%Stock awards14%Non-equity incentive18%All other compensation2%

Named executive officers

ExecutiveTotal
Ross DovePresident and Chief Executive Officer$649,338
David LudwigPresident, Financial Assets$1,021,587
Nicholas DovePresident, Industrial Assets$542,559

What changed and why

  • $649KRoss Dove received total compensation of $649,338 in fiscal 2025, representing a decrease from the prior year total of $944,974.
  • The company utilizes base salaries and profit-driven incentives tied to operating income rather than compensation consultants.
  • Restricted stock awards are used as the predominant form of stock-based compensation since 2022.
  • $3.6MNet income for the company decreased to $3,587,000 in fiscal 2025 from $5,182,000 in fiscal 2024.

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.