How French was paid
$3.5M 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 | Other | Total |
|---|---|---|---|---|---|---|
| Glendon E. FrenchChief Executive Officer | $116,186 | $50,000 | $3,224,000 | — | $153,334 | $3,543,520 |
| Steven S. WilliamsonFormer Chief Executive Officer | $493,462 | — | $2,259,390 | $752,383 | $691,175 | $4,196,408 |
| Derrick SungChief Operating Officer and Chief Financial Officer | $83,333 | $200,000 | $2,668,000 | — | — | $2,951,391 |
| Mehul JoshiFormer Chief Financial Officer | $381,199 | — | $1,193,760 | — | $408,802 | $1,983,761 |
| David LehmanGeneral Counsel | $472,400 | — | $1,193,760 | — | $43,791 | $1,710,404 |
What changed and why
- $3.5MGlendon E. French received total compensation of $3,543,520 for 2025 following his appointment as Chief Executive Officer in October 2025.
- $4.2MSteven S. Williamson served as Chief Executive Officer until October 2025, receiving total compensation of $4,196,408.
- $3MDerrick Sung was appointed as Chief Operating Officer and Chief Financial Officer in November 2025, receiving total compensation of $2,951,391.
- $2MMehul Joshi stepped down as Chief Financial Officer in October 2025 and received total compensation of $1,983,761.
- 51%At the 2025 Annual Meeting, the advisory say-on-pay vote to approve executive compensation passed with approximately 51% support.
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.