How Lipps was paid
$7.5M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Randall A. LippsChairman, President and Chief Executive Officer | $846,891 | — | $5,219,576 | $1,411,485 | $53,900 | $7,531,852 |
| H. Baird Radford, IIIExecutive Vice President, Chief Financial Officer | $159,519 | — | $1,156,572 | $191,423 | $6,000 | $1,513,514 |
| Nnamdi T. NjokuExecutive Vice President, Chief Operating Officer | $645,000 | — | $2,456,275 | $860,000 | $43,839 | $4,005,114 |
| Corey J. ManleyExecutive Vice President, Chief Legal and Administrative Officer | $416,623 | $1,473,739 | — | $499,948 | $65,700 | $2,456,010 |
| Nchacha E. EttaFormer Executive Vice President, Chief Financial Officer | $449,423 | — | — | $539,308 | $996,427 | $1,985,158 |
What changed and why
- $7.5MRandall A. Lipps received total compensation of $7,531,852 in 2025 compared to $8,174,639 in 2024.
- $5.2MStock awards for the CEO totaled $5,219,576 for 2025.
- 94.9%Stockholders approved the prior say-on-pay proposal with approximately 94.9% support.
- $107KThe CEO to median employee pay ratio was 70 to 1 based on median employee pay of $106,853.
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.