How Williams was paid
$8.3M 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 |
|---|---|---|---|---|---|
| Mr. Patrick S. WilliamsPresident and Chief Executive Officer | $1,380,548 | $5,285,623 | $1,365,336 | $221,240 | $8,252,747 |
| Mr. Ian P. CleminsonExecutive Vice President and Chief Financial Officer | $541,147 | $1,002,682 | $274,920 | $155,198 | $1,973,947 |
| Dr. Ian M. McRobbieSenior Vice President and Chief Technology Officer | $309,649 | $559,179 | $170,250 | $82,120 | $1,121,198 |
| Mr. Corbin BarnesSenior Vice President, Corporate Development and Investor Relations | $342,736 | $604,786 | $177,524 | $78,039 | $1,203,085 |
| Mr. David B. JonesSenior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | $425,040 | $647,866 | $214,220 | $116,088 | $1,403,214 |
What changed and why
- $8.3MCEO total compensation decreased to $8,252,747 in 2025 from $13,216,384 in 2024.
- $1.4MNon-equity incentive compensation for the CEO was $1,365,336 down from $6,293,285 in the prior year.
- $5.3MStock awards granted to the CEO were $5,285,623 in fiscal 2025.
- 120%The CEO target bonus under the MICP is 120 percent of base salary.
- NEOs are subject to a twelve-month non-solicitation and non-compete period.
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.