How Desch was paid
$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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Matthew J. DeschChief Executive Officer | $1,047,509 | $7,612,082 | $330,620 | $23,311 | $9,013,522 |
| Vincent J. O’NeillChief Financial Officer | $411,577 | $1,659,867 | $80,890 | $21,240 | $2,173,574 |
| Suzanne E. McBrideChief Operations Officer | $494,778 | $3,231,271 | $124,937 | $31,697 | $3,882,683 |
| Kathleen A. MorganChief Legal Officer and Corporate Secretary | $427,715 | $1,653,334 | $96,864 | $23,987 | $2,201,900 |
| Scott T. ScheimreifExecutive Vice President, Government Programs | $412,341 | $1,656,616 | $84,588 | $24,249 | $2,177,794 |
What changed and why
- $9MCEO total compensation decreased to $9,013,522 in 2025 compared to $9,197,232 in 2024.
- 88%At-risk compensation represented approximately 88% of the chief executive officer’s total direct target compensation.
- 76%Long-term equity incentives comprised 76% of our CEO’s total direct target compensation.
- Variable annual incentives are tied to a combination of financial, strategic, and operational goals.
- 6xStock ownership guidelines require our CEO to hold shares valued at 6x base salary.
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.