How Gallagher was paid
$21.2M 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 | Bonus | Stock | Options | Other | Total |
|---|---|---|---|---|---|---|
| Thomas P. GallagherChairman & Chief Executive Officer | $2,500,000 | $11,000,000 | $6,720,000 | $877,134 | $89,959 | $21,187,093 |
| Lance EmmonsExecutive Vice President, Chief Financial Officer | $780,000 | $2,694,000 | — | $492,772 | $18,200 | $3,984,972 |
| Douglas M. Schafer Jr.Executive Vice President and Chief Information Officer | $2,075,000 | $2,560,000 | — | $591,326 | $165,609 | $5,391,935 |
| Barbara J. ComlyExecutive Vice President, General Counsel and Corporate Secretary | $1,608,125 | $2,810,000 | $2,240,000 | $591,326 | $81,921 | $7,331,372 |
| Shelly BrownExecutive Vice President, Chief Strategy Officer | $721,000 | $1,795,000 | — | $394,217 | $35,914 | $2,946,131 |
What changed and why
- $21.2MCEO total compensation was $21,187,093 for fiscal year 2025, compared to $10,395,918 for the prior year.
- $11MThomas P. Gallagher received a discretionary bonus of $11,000,000 based on company performance and corporate milestones.
- Named executive officers received IPO bonuses and special bonuses related to the TISEG acquisition.
- Annual equity awards were granted in the first half of the year in accordance with board policies.
- Employment agreements for executive officers include base salaries, discretionary bonuses, and restrictive covenants.
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.