How Mehra 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 |
|---|---|---|---|---|---|---|
| Ajay MehraPresident and Chief Executive Officer | $621,448 | — | $5,269,720 | $1,500,000 | $120,973 | $7,512,141 |
| Deepak ChopraExecutive Chairman of the Board | $664,392 | — | $2,609,127 | $1,285,440 | $89,666 | $4,648,625 |
| Alan EdrickExecutive Vice President and Chief Financial Officer | $534,095 | — | $1,884,972 | $802,041 | $109,028 | $3,330,136 |
| Victor S. SzeExecutive Vice President, General Counsel and Secretary | $460,974 | — | $1,375,325 | $623,016 | $95,320 | $2,554,635 |
| Manoocher MansouriChief Technology Officer of Optoelectronics and Manufacturing Division | $334,469 | $105,000 | $99,955 | — | $61,450 | $600,874 |
| Paul MorbenPresident of Optoelectronics and Manufacturing Division | $330,302 | $83,214 | $274,982 | — | $38,700 | $727,198 |
What changed and why
- $7.5M$7.5 million: Mehra’s fiscal 2025 total compensation, up from $5.8 million in 2024.
- $5.3M$5.3 million: Mehra’s stock awards represented the largest component of his fiscal 2025 compensation.
- $1.5M$1.5 million: Mehra’s annual non-equity incentive compensation for fiscal 2025.
- $13.5M$13.5 million: Chopra’s fiscal 2024 stay bonus was identified as an outlier affecting shareholder support.
- 64%64%: Votes cast in favor of the prior annual say-on-pay advisory vote.
- 371:1: Mehra’s fiscal 2025 pay ratio to the median employee.
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.