How Baker was paid
$586,515 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| Daniel A. BakerPresident and CEO | $435,545 | $57,045 | $80,658 | $13,267 | $586,515 |
| Peter G. EamesVice President, Advanced Technology | $240,000 | $48,395 | $13,314 | — | $301,709 |
| Daniel NelsonPrincipal Financial Officer | $110,000 | — | — | — | $110,000 |
What changed and why
- 1%1%: Dr. Baker’s total compensation increased from fiscal 2024, driven by higher salary and option-award value.
- 14%14%: Dr. Baker’s performance-based compensation decreased because Company operating income declined.
- $57,045$57,045: Dr. Baker received an option award in fiscal 2025.
- $48,395$48,395: Dr. Eames received an option award in fiscal 2025.
- 0.5%0.5%: Dr. Baker’s incentive compensation was based on adjusted operating income, plus 5% of its annual increase.
- Positive operating income was required before incentive compensation could be paid to Dr. Baker and Dr. Eames.
Other Nve proxy statements
- 2026 proxy statement
Daniel A. Baker paid $585,775 (flat on the year).
Filed Jun 22, 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.