How Soloway was paid
$1.7M 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 | Other | Total |
|---|---|---|---|---|
| Richard L. SolowayChairman of the Board of Directors, CEO and Secretary | $960,920 | $726,621 | $47,362 | $1,734,903 |
| Kevin S. BuchelPresident & Chief Operating Officer | $622,765 | $254,219 | $12,688 | $889,672 |
| Michael CarrieriExecutive Vice President of Engineering and Chief Technology Officer | $455,609 | $254,219 | $10,586 | $720,414 |
| Stephen SpinelliSenior Vice President of Sales | $291,016 | $25,000 | $11,507 | $327,523 |
| Andrew J. VuonoChief Financial Officer and Chief Accounting Officer | $350,000 | $152,641 | $5,442 | $508,083 |
What changed and why
- $1.7M$1,734,903 CEO compensation decreased from $1,822,245 in fiscal 2024.
- $727K$726,621 CEO bonus comprised a substantial portion of fiscal 2025 compensation.
- No executive officer received stock options during fiscal 2025.
- 72%72% of employees worked at the Dominican Republic factory, substantially lowering median compensation.
- $5,300327:1 CEO-to-median-employee pay ratio; median employee compensation was $5,300.
- No formal competitive pay benchmarking occurred during fiscal 2025.
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.