How Hermanns was paid
$456,266 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 | Incentive | Other | Total |
|---|---|---|---|---|
| Richard F. HermannsPresident, Chief Executive Officer, and Chairman | $408,077 | $36,122 | $12,067 | $456,266 |
| John McAnnarSecretary, Chief Legal Officer, Vice President | $245,384 | $36,400 | $9,530 | $291,314 |
| C. David R. HartleyChief Financial Officer | $220,664 | $36,400 | $7,092 | $264,156 |
What changed and why
- $456KRichard F. Hermanns received total compensation of $456,266 for fiscal year 2025, representing an increase from the prior year.
- $408KBase salary for the CEO increased to $408,077 during 2025 compared to $400,465 in 2024.
- $36,122Non-equity incentive plan compensation for the CEO totaled $36,122 based on pre-tax income and sales increase bonuses.
- New employment agreements were entered into in March 2026 establishing base salaries and performance bonuses for executive officers.
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.