How Bay was paid
$9.7M in total for fiscal 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 |
|---|---|---|---|---|---|
| Paul BayChief Executive Officer | $942,373 | $6,068,927 | $2,608,489 | $45,742 | $9,665,531 |
| Michael ZilisChief Financial Officer | $852,311 | $1,137,921 | $1,184,713 | $41,027 | $3,215,972 |
| Augusto AragoneExecutive Vice President, Secretary & General Counsel | $634,474 | $758,601 | $617,345 | $21,268 | $2,031,688 |
| Scott ShermanExecutive Vice President, Human Resources | $634,474 | $758,601 | $617,345 | $20,644 | $2,031,064 |
What changed and why
- $9.7MCEO Paul Bay received total compensation of $9,665,531 in fiscal 2025, representing a decrease from the prior year total of $17,463,003.
- $6.1MStock awards granted to the CEO in fiscal 2025 totaled $6,068,927 compared to $13,929,018 in fiscal 2024.
- $43,104The CEO to median employee pay ratio was reported as 224 to 1 based on a median employee compensation of $43,104.
- 98.79%Stockholders expressed strong support for the executive compensation program with approximately 98.79% approval at the previous say-on-pay vote.
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.