How Mowbray was paid
$1.2M 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 | Options | Other | Total |
|---|---|---|---|---|---|
| Kevin D. MowbrayPresident and Chief Executive Officer | $830,753 | $274,832 | $29,168 | $16,914 | $1,151,667 |
| Timothy R. MillageVice President, Chief Financial Officer, and Treasurer | $484,606 | $106,882 | $11,343 | $9,611 | $612,442 |
| Nathan E. BekkeChief Operating Officer | $553,836 | $122,149 | $12,962 | $5,077 | $694,023 |
What changed and why
- $1.2MKevin D Mowbray received total compensation of $1,151,667 for fiscal 2025, representing an increase from $1,106,261 in fiscal 2024.
- Certain executive officers voluntarily agreed to compensation reductions to assist with corporate overhead reduction.
- $300KKevin D Mowbray agreed to reduce his total compensation for fiscal 2025 by $300,000.
- 100%Stock awards were realigned from 100 percent time-based to 50 percent time-based and 50 percent performance-based.
- 73.4%The previous say-on-pay vote received 73.4 percent support from stockholders.
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.