How Larson was paid
$7.7M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Roderick A. LarsonPresident and Chief Executive Officer | $910,000 | $2,027,796 | $4,282,425 | $515,449 | $7,735,670 |
| Alan R. CurtisSenior Vice President and Chief Financial Officer | $503,500 | $651,699 | $1,536,647 | $180,102 | $2,871,948 |
| Benjamin M. LauraSenior Vice President and Chief Operating Officer | $472,600 | $407,803 | $844,071 | $143,359 | $1,867,833 |
| Jennifer F. SimonsSenior Vice President, Chief Legal Officer and Secretary | $453,600 | $391,413 | $924,153 | $138,867 | $1,908,033 |
| Martin J. McDonaldSenior Vice President, Subsea Robotics | $405,500 | $253,682 | $738,273 | $137,424 | $1,534,879 |
What changed and why
- $7.7MCEO Roderick A. Larson received total compensation of $7,735,670 in 2025, reflecting above-target performance payouts.
- Non-equity incentive compensation included annual cash bonuses and cash payments from 2023 performance units.
- $2.8BThe company achieved strong financial results with consolidated revenue of $2.8 billion and net income of $354 million.
- $75,254The CEO-to-median-employee pay ratio was 103 to 1 based on median employee pay of $75,254.
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.