How Barros was paid
$4.6M 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 | Other | Total |
|---|---|---|---|---|---|
| Phil BarrosChief Executive Officer | $497,785 | $3,984,439 | $111,313 | $11,750 | $4,605,287 |
| Greg SwytChief Financial Officer | $464,138 | $752,305 | $111,678 | $11,750 | $1,339,871 |
| Bruce RagsdaleChief Operating Officer | $477,791 | $752,305 | $122,797 | $11,750 | $1,364,643 |
| Jeffrey AndresonFormer Chief Executive Officer | $647,926 | $2,463,797 | $246,273 | $11,750 | $3,369,746 |
| Christopher SmithFormer Chief Commercial Officer | $354,043 | $601,854 | $111,313 | $11,750 | $1,078,960 |
What changed and why
- Phil Barros was appointed as Chief Executive Officer effective November 3, 2025, succeeding Jeffrey Andreson.
- $4.6MPhil Barros received total compensation of $4,605,287 for fiscal year 2025.
- $240KJeffrey Andreson transitioned to serve as a Strategic Advisor at an annual salary of $240,000.
- 88.2%Shareholders approved the prior say-on-pay proposal with 88.2% support, leading to no substantive program changes.
- Long-term incentives utilized performance-based restricted stock units and restricted stock units.
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.