How Burdette was paid
$2.6M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Clarence H. SmithExecutive Chairman | $600,000 | $448,821 | $586,800 | $66,094 | $45,594 | $1,747,309 |
| Steven G. BurdettePresident and Chief Executive Officer | $650,000 | $1,072,192 | $844,350 | $23,892 | $45,355 | $2,635,789 |
| Richard B. HareExecutive Vice President, Chief Financial Officer | $485,000 | $435,355 | $442,708 | — | $34,447 | $1,397,510 |
| John L. GillExecutive Vice President, Merchandising | $440,000 | $329,143 | $372,944 | $10,925 | $32,899 | $1,185,911 |
What changed and why
- $2.6MSteven G. Burdette total compensation increased to $2,635,789 following his transition to CEO.
- $759.0MConsolidated net sales reached $759.0 million amid a challenging demand environment.
- 130%Annual incentive awards were earned at approximately 130% of combined targets.
- 98%Stockholders showed strong support with 98% approval for executive compensation.
- 127%EBITDA performance grants were earned at 127% and sales grants at 103% of target.
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.