How Lappe was paid
$2.9M 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 | Bonus | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Mark P. LappeChief Executive Officer and Chairman of the Board of Directors | $695,250 | $1,700,000 | $0 | $479,723 | $17,500 | $2,892,473 |
| Kelly D. Deck, C.P.A.Chief Financial Officer | $493,485 | — | $157,286 | $255,425 | $17,500 | $923,696 |
| David J. Matly, M.B.A.President | $589,170 | — | $524,285 | $304,985 | $17,500 | $1,435,940 |
What changed and why
- $2.9MMark P. Lappe received total compensation of $2,892,473 in fiscal 2025, representing a decrease from the prior year total of $4,703,058.
- $695KThe CEO's base salary remained unchanged at $695,250 during fiscal 2025.
- $1.7MA transaction bonus of $1,700,000 was paid to the CEO in connection with the one-year anniversary of the separation.
- $480KPerformance-based cash bonuses of $479,723 were earned by the CEO for fiscal 2025 and paid in early 2026.
- $1.4MDavid J. Matly was appointed President during the year and received total compensation of $1,435,940.
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.