How Venetucci was paid
$1.7M in total for 2024, 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 |
|---|---|---|---|---|---|
| Patrick J. VenetucciChief Executive Officer | $162,129 | $1,551,383 | $11,226 | $50 | $1,724,788 |
| Peter J. BiereTreasurer and Chief Financial Officer | $320,000 | $236,800 | $108,143 | — | $664,943 |
| Edward H. (Ted) MurphyFormer Chief Executive Officer, Founder | $318,750 | $439,876 | $173,431 | $1,885,515 | $2,817,572 |
| Ryan S. SchramFormer President and Chief Operating Officer | $300,000 | $154,655 | $103,626 | $871,137 | $1,429,418 |
What changed and why
- $1.7M$1,724,788 was 2024 CEO total compensation, including $1,551,383 in stock awards.
- 75%75% was the CEO's 2024 target Executive Bonus as a percentage of base salary, prorated for service.
- 980,800 restricted stock units were granted to the CEO under his employment agreement.
- $1.9M$1,885,515 was former CEO Ted Murphy's 2024 all other compensation, including severance and accelerated equity vesting.
- September 6, 2024 marked the employment termination dates for former CEO Ted Murphy and former COO Ryan Schram.
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.