How Murray was paid
$2.3M 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 | Bonus | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|---|
| Michael MurrayPresident and Chief Executive Officer | $506,191 | $100,000 | $600,692 | $575,990 | $463,374 | $11,176 | $2,257,423 |
| Erich ManzTreasurer and Chief Financial Officer | $85,385 | $30,000 | $856,000 | — | — | $2,271 | $973,656 |
| Richard A. SneiderTreasurer and Chief Financial Officer | $269,843 | $10,000 | $228,552 | — | — | $11,064 | $519,459 |
| Paul BakerChief Operating Officer | $348,861 | $30,000 | $326,135 | — | — | $11,002 | $715,997 |
What changed and why
- $2.3MCEO Michael Murray received total compensation of $2,257,423 in fiscal 2025.
- $495KCEO base salary increased from $495,000 to $512,000.
- $463KMr. Murray received a performance bonus of $463,374 and an additional $100,000 bonus.
- $300KErich Manz was appointed Chief Financial Officer with a starting salary of $300,000.
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.