How Dastoor was paid
$16.1M in total for fiscal 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 |
|---|---|---|---|---|---|
| Mark T. MondelloExecutive Chairman of the Board | $1,000,000 | $4,505,556 | $2,565,000 | $226,449 | $8,297,005 |
| Michael DastoorChief Executive Officer | $1,176,849 | $11,268,116 | $3,521,722 | $125,647 | $16,092,334 |
| Greg HebardChief Financial Officer | $687,686 | $2,481,014 | $1,411,132 | $28,285 | $4,608,117 |
| Steven D. BorgesExecutive Vice President, Global Business Units | $733,532 | $4,253,258 | $1,505,208 | $54,593 | $6,546,591 |
| Andrew PriestleyExecutive Vice President, Global Business Units | $692,780 | $1,690,640 | $1,421,585 | $29,550 | $3,834,555 |
What changed and why
- $16.1MMichael Dastoor received total compensation of $16,092,334 in fiscal year 2025 as the newly appointed Chief Executive Officer.
- 3.5%Base salaries for named executive officers increased modestly between 3.5% and 4.35% during fiscal year 2025.
- $11.3MStock awards for the CEO totaled $11,268,116 including performance-based and time-based restricted stock units.
- 72%Over 72% of votes cast approved the advisory say-on-pay proposal at the prior annual meeting.
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.