How Connors was paid
$3.9M 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 |
|---|---|---|---|---|---|
| Michael P. ConnorsChairman and Chief Executive Officer | $900,000 | $1,650,000 | $1,345,912 | $28,451 | $3,924,363 |
| Michael A. SherrickExecutive Vice President and Chief Financial Officer | $550,000 | $345,000 | $338,950 | $10,500 | $1,244,450 |
| Todd D. LavieriVice Chairman and President, ISG Americas and Asia Pacific | $703,333 | $625,000 | $484,214 | $10,500 | $1,823,047 |
What changed and why
- $3.9MMichael P. Connors received total compensation of $3,924,363 for fiscal year 2025, representing an increase from the prior year.
- 20%Base salaries for named executive officers in 2024 reflected a temporary 20% reduction taken between April 1 and September 30, 2024.
- Annual incentive awards are determined based on ISG performance and individual performance, with portions paid in restricted stock units.
- Stock awards granted in 2025 included time-vesting and performance-based restricted stock units valued using Monte-Carlo simulations or closing market prices.
- 90%Stockholders approved the 2025 say-on-pay advisory vote by 90% of the votes cast.
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.