How Erb was paid
$375,197 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 | Options | Other | Total |
|---|---|---|---|---|
| John L. ErbPresident and Chief Executive Officer | $341,396 | $24,897 | $8,904 | $375,197 |
| Nestor Jaramillo, Jr.Former President & Chief Executive Officer | $111,619 | — | $224,561 | $336,180 |
| Robert B. ScottFormer Chief Financial Officer | $252,567 | — | $8,710 | $261,277 |
| Neil P. AyotteSenior Vice President, General Counsel, Secretary & Chief Compliance Officer | $339,517 | — | $11,405 | $350,922 |
What changed and why
- John L. Erb became President and CEO on June 27, 2025, after serving as interim CEO.
- $375KJohn L. Erb received total compensation of $375,197 for fiscal 2025 compared to $49,300 in 2024.
- $225KNestor Jaramillo, Jr. retired as CEO on February 18, 2025, receiving $224,561 in separation pay.
- Robert B. Scott resigned as Chief Financial Officer effective October 24, 2025.
- Executive salaries and board fees were restored to original levels effective November 1, 2024.
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.