How Berquist was paid
$3.7M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Joseph A. BerquistChief Executive Officer and President | $800,000 | — | $2,420,319 | $461,840 | $27,292 | $3,709,451 |
| Thomas ColerExecutive Vice President, Chief Financial Officer | $527,479 | — | $894,331 | $199,049 | $22,956 | $1,643,815 |
| Jeewat BijlaniExecutive Vice President, Global Specialty and Chief Growth Officer | $527,479 | — | $683,828 | $199,049 | $40,495 | $1,450,851 |
| Jeffrey FleckFormer Senior Vice President, Chief Global Operations Officer | $466,308 | — | $420,877 | $148,915 | $29,670 | $1,065,770 |
| Robert T. TraubSenior Vice President, General Counsel and Corporate Secretary | $499,423 | — | $541,868 | $161,933 | $35,760 | $1,238,984 |
| Dr. David SlinkmanFormer Senior Vice President, Chief Technology Officer | $341,619 | $150,000 | $368,149 | $105,471 | $342,307 | $1,307,546 |
What changed and why
- $3.7MJoseph A. Berquist total compensation was $3,709,451 for fiscal 2025.
- $800KCEO base salary was set at $800,000 for 2025.
- $150KDr. David Slinkman received a cash retention bonus of $150,000.
- The CEO to median employee pay ratio was 74 to 1.
- $50,111Median employee annual total compensation was $50,111.
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.