How Caswell was paid
$11.2M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| Bruce L. CaswellChief Executive Officer and President | $976,923 | $6,862,177 | $3,300,000 | $71,568 | $11,210,668 |
| David W. MutrynChief Financial Officer | $645,385 | $1,768,518 | $1,430,000 | $21,147 | $3,865,050 |
| John T. MartinezChief Legal Officer | $618,750 | $1,339,798 | $1,100,000 | $57,167 | $3,115,715 |
| Ilene R. BaylinsonGM U.S. Services | $593,348 | $1,286,256 | $840,000 | $17,647 | $2,737,251 |
| Michelle F. LinkChief Human Resources Officer | $469,231 | $964,692 | $836,000 | $48,065 | $2,317,988 |
What changed and why
- $11.2MBruce L. Caswell received total compensation of $11,210,668 for fiscal year 2025, representing an increase from the prior year.
- Annual equity-based awards for executives consisted of RSUs and performance stock units tied to EPS and relative TSR.
- 98.4%Approximately 98.4% of the votes cast were in favor of the advisory say-on-pay vote at the 2025 Annual Meeting.
- 150%Mr. Caswell's target bonus was set at 150% of his base salary with a target equity award level of $6,000,000.
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.