How Jr. was paid
$5.1M 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 |
|---|---|---|---|---|---|---|---|
| J.C. Butler, Jr.President and CEO | $945,033 | $169,299 | $2,257,721 | $1,479,576 | $19,158 | $235,932 | $5,106,719 |
| Carroll L. DewingSenior Vice President, Operations | $443,848 | — | $359,082 | $295,198 | $37,067 | $124,892 | $1,260,087 |
| John D. NeumannSenior Vice President, General Counsel and Secretary | $436,566 | — | $308,151 | $269,781 | $8,466 | $122,304 | $1,145,268 |
What changed and why
- $5.1MCEO total compensation increased to $5,106,719 in fiscal 2025 from $4,957,496 in fiscal 2024.
- $2.3MStock awards granted under the Long-Term Equity Plan totaled $2,257,721 for the CEO in 2025.
- $1.5MShort-term cash incentive payments reached $1,479,576 for the CEO based on 2025 performance.
- 97%Approximately 97 percent of votes cast approved the say-on-pay proposal at the 2025 annual meeting.
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.