iPower (IPW) executive compensation, 2026 proxy

Chenlong Tan, Chairman, Chief Executive Officer, President and Interim Chief Financial Officer, was paid $688,972 in 2025, up 111% from $326,647 the year before.

Filed
March 4, 2026
Annual meeting
April 13, 2026
Pay year
2025
Named executives
2
CEO total pay
$688,972+111% vs prior year
CEO pay in equity
53%$362,325 in awards
CEO Base Salary
$264,000Annual base compensation
CEO Stock Awards
$362,325Fiscal 2025 awards
Car Lease Costs
$62,647Included in other compensation
Former CFO Salary
$220,000Fiscal 2025 partial year

How Tan was paid

$688,972 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.

Salary38%Stock awards53%All other compensation9%

Named executive officers

ExecutiveTotal
Chenlong TanChairman, Chief Executive Officer, President and Interim Chief Financial Officer$688,972
Kevin VassilyFormer Chief Financial Officer$220,000

What changed and why

  • $689KChief executive officer total compensation increased to $688,972 in fiscal 2025 from $326,647 in fiscal 2024.
  • $362KStock based awards for the chief executive officer totaled $362,325 in fiscal 2025.
  • $62,647All other compensation for the chief executive officer consisted of car leasing costs of $62,647.
  • Former chief financial officer Kevin Vassily resigned effective May 31, 2025.

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.