How Williams was paid
$5.9M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Michael S. WilliamsChief Executive Officer | $902,708 | — | $3,865,156 | $1,017,803 | — | $77,681 | $5,863,348 |
| Kristopher R. WestbrooksPresident and Chief Operating Officer | $576,884 | — | $1,018,808 | $490,395 | — | $49,462 | $2,135,549 |
| John M. Zaranec IIIExecutive Vice President and Chief Financial Officer | $243,750 | $100,000 | $495,383 | $162,398 | — | $7,854 | $1,009,386 |
| Kristine C. SyrvalinExecutive Vice President, General Counsel and Chief Human Resources Officer | $407,558 | — | $781,508 | $271,536 | — | $47,676 | $1,508,278 |
| Kevin A. RaketichExecutive Vice President and Chief Commercial Officer | $356,849 | — | $781,508 | $237,750 | $14,654 | $43,021 | $1,433,782 |
What changed and why
- $5.9MCEO total compensation increased to $5,863,348 in 2025 compared to $4,260,359 in 2024.
- $1,158.3MNet sales reached $1,158.3 million alongside an adjusted EBITDA of $75.6 million.
- 102.5%The annual performance award plan resulted in a total payout of 102.5 percent of target.
- 41.1%NEOs earned 41.1 percent of target performance shares for the 2023-2025 cycle due to relative total shareholder return.
- Kristopher R. Westbrooks was appointed President and Chief Operating Officer.
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.