How Hollis was paid
$2.8M 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 | Other | Total |
|---|---|---|---|---|
| Michael L. HollisPresident and Chief Executive Officer | $1,200,000 | $1,250,000 | $373,992 | $2,823,992 |
| Rodney L. WoodardChief Operating Officer | $545,000 | $215,000 | $146,960 | $906,960 |
| Steven W. TholenChief Financial Officer | $515,000 | $300,000 | $68,400 | $883,400 |
| W. Ryan HightowerExecutive Vice President | $500,000 | $400,000 | $229,624 | $1,129,624 |
| Daniel SilverExecutive Vice President | $500,000 | $400,000 | $228,424 | $1,128,424 |
| Jack HightowerFormer Chief Executive Officer | $1,700,000 | $3,400,000 | $4,305,459 | $9,405,459 |
What changed and why
- $2.8MMichael L. Hollis received total compensation of $2,823,992 for fiscal 2025.
- Jack Hightower retired as CEO and Chairman effective September 15, 2025.
- $9.4MJack Hightower received total compensation of $9,405,459 for fiscal 2025, including separation payments.
- No equity stock option awards were granted to named executive officers for fiscal 2025.
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.