How McDermott was paid
$51.6M 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 | Other | Total |
|---|---|---|---|---|---|---|
| William R. McDermottChairman and Chief Executive Officer | $1,516,667 | — | $43,481,651 | $3,522,375 | $3,030,264 | $51,550,957 |
| Gina MastantuonoPresident and Chief Financial Officer | $891,667 | — | $16,306,558 | $1,126,046 | $148,442 | $18,472,713 |
| Amit ZaveryPresident, Chief Product Officer, and Chief Operating Officer | $900,000 | $2,000,000 | $21,679,933 | $1,136,250 | $45,273 | $25,761,456 |
| Paul FippsPresident, Global Customer Operations | $1,072,228 | — | $14,687,373 | $1,100,083 | $24,234 | $16,883,918 |
| Jacqueline C. CanneyChief People and AI Enablement Officer | $741,667 | — | $10,328,892 | $749,337 | $63,876 | $11,883,772 |
| Paul SmithFormer President of Global Customer and Field Operations | $573,991 | — | $19,024,571 | — | $499,440 | $20,098,002 |
What changed and why
- $51.6MCEO total compensation increased to $51,550,957 in 2025 from $37,558,118 in 2024.
- 21%Subscription revenues grew 21% year-over-year to reach strong profitability levels.
- Total shareholder return significantly outperformed peers and the S&P 500 since 2019.
- Long-term incentive plan performance period was lengthened to 3 years from 1 year.
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.