How Smith was paid
$2.6M 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 |
|---|---|---|---|---|---|
| Kevin R.M. SmithChief Executive Officer and President, Director | $711,077 | $1,874,550 | — | $28,177 | $2,613,804 |
| Michael BourqueFormer Executive Vice President, Chief Financial Officer, and Corporate Treasurer | $450,112 | $1,062,236 | $162,040 | $34,227 | $1,708,615 |
| Kevin P. SmithGeneral Counsel & EVP Business Development | $432,515 | $874,773 | $129,755 | $25,966 | $1,463,009 |
| Gregoire RamadeExecutive Vice President, Chief Commercial Officer | $447,354 | $812,292 | $158,199 | $1,226 | $1,419,071 |
| Jennifer Yi BoyerExecutive Vice President, Enterprise Enablement and Chief Human Resources Officer | $426,692 | $812,292 | $128,008 | $102,395 | $1,469,387 |
What changed and why
- $2.6MCEO total compensation decreased to $2,613,804 in 2025 compared to $4,159,779 in 2024.
- 60%Annual bonus plan payouts were made at 60% of target payout levels.
- Seventy-seven percent of the third tranche of performance-based equity awards vested in 2025.
- Long-term incentive awards are linked to relative total shareholder return.
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.