How Edwards was paid
$7.1M 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 |
|---|---|---|---|---|---|
| Jeffrey W. EdwardsPresident, Chief Executive Officer and Chairman | $900,000 | $4,950,132 | $1,209,000 | $37,703 | $7,096,835 |
| Michael T. MillerExecutive Vice President and Chief Financial Officer | $475,000 | $2,010,129 | $441,750 | $28,456 | $2,955,335 |
| Brad A. WheelerChief Operating Officer | $485,000 | $1,750,054 | $418,500 | $3,875 | $2,657,429 |
| W. Jeffrey HirePresident, External Affairs | $450,000 | $325,052 | $209,250 | $27,578 | $1,011,880 |
| Jason R. NiswongerChief Administrative and Sustainability Officer | $465,000 | $1,225,114 | $269,700 | $24,208 | $1,984,022 |
What changed and why
- $7.1MJeffrey W. Edwards received total compensation of $7,096,835 in 2025, an increase from $6,174,107 in 2024.
- Executive compensation is heavily weighted toward at-risk performance-based elements tied to Adjusted EBITDA and general and administrative expenses.
- 97%The executive compensation program received over 97% support from stockholders at the 2025 annual meeting.
- 86.5%In 2025, approximately 86.5% of the CEO's target compensation was linked with operational and financial performance.
- $3.0BRecord annual net revenue of $3.0 billion and net income of $265 million were achieved during 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.