How Tokman was paid
$215,185 in total for 2024, 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 | Options | Other | Total |
|---|---|---|---|---|
| Alexander TokmanChief Executive Officer (since August 13, 2024) | $114,231 | $954 | $100,000 | $215,185 |
| Francois MichelonFormer Chief Executive Officer (until August 13, 2024) | $202,126 | — | $112,524 | $314,650 |
| Michael ThorntonChief Technology Officer | $221,690 | — | $392 | $222,082 |
| Richard JacrouxChief Financial Officer (since August 8, 2024) | — | — | $95,900 | $95,900 |
| Irina PestrikovaFormer Senior Director, Finance (until August 8, 2024) | $126,298 | — | — | $126,298 |
What changed and why
- 2024 CEO transition: Alexander Tokman became CEO on August 13 after Francois Michelon stepped down.
- $215K$215,185 was Tokman’s 2024 total compensation, including $100,000 in board and consulting fees.
- $315K$314,650 was Michelon’s 2024 total compensation, including $112,524 in severance and healthcare benefits.
- $222K$222,082 was Michael Thornton’s 2024 total compensation, consisting of salary and $392 in life insurance premiums.
- $95,900$95,900 was Richard Jacroux’s total compensation for part-time CFO services through Impact Solutions.
- 2025 director awards changed from planned options to 5,384 restricted stock units vesting June 11, 2026.
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.