How Sarvadi was paid
$16.8M 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 |
|---|---|---|---|---|---|
| Paul J. SarvadiChief Executive Officer and Chairman of the Board | $1,206,000 | $14,558,893 | $1,019,684 | $28,436 | $16,813,013 |
| A. Steve ArizpePresident and Chief Operating Officer | $774,000 | $4,031,060 | $545,302 | $100,728 | $5,451,090 |
| James D. AllisonExecutive Vice President of Finance, Chief Financial Officer and Treasurer | $580,000 | $1,473,396 | $358,868 | $90,719 | $2,502,983 |
| Christian P. CallensSenior Vice President of Legal, General Counsel and Secretary | $470,000 | $1,052,193 | $263,873 | $52,542 | $1,838,608 |
What changed and why
- $16.8MCEO total compensation increased to $16,813,013 in 2025 primarily due to special performance-based equity awards granted in July 2025.
- 97%Over 97% of votes cast approved the say-on-pay proposal at the 2025 annual meeting.
- $131MAdjusted EBITDA for 2025 was $131 million compared to $270 million in 2024.
- Stockholders approved a one-year post-vesting holding period requirement for future equity awards to NEOs.
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.