How III was paid
$5.5M in total for fiscal 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 |
|---|---|---|---|---|---|
| Thomas C. Chubb IIIChairman, Chief Executive Officer and President | $900,000 | $3,942,205 | $388,440 | $298,491 | $5,529,136 |
| K. Scott GrassmyerExecutive Vice President, Chief Financial Officer and Chief Operating Officer | $536,000 | $1,330,130 | $133,464 | $133,943 | $2,133,537 |
| Thomas E. CampbellExecutive Vice President and Chief Information Officer | $485,000 | $609,769 | $80,510 | $111,617 | $1,286,896 |
| Michelle M. KellyChief Executive Officer, Lilly Pulitzer | $625,000 | $899,950 | $416,625 | $85,039 | $2,026,614 |
| Douglas B. WoodChief Executive Officer, Tommy Bahama | $800,000 | $1,161,814 | $204,960 | $103,598 | $2,270,372 |
| Robert S. TrauberFormer Chief Executive Officer, Johnny Was | $496,154 | $603,625 | — | $757,443 | $1,857,222 |
What changed and why
- $5.5M$5,529,136 CEO total compensation in fiscal 2025 compared with $5,315,173 in fiscal 2024.
- $3.9M$3,942,205 CEO stock awards included $2,805,565 of performance-based RSUs valued at grant.
- $28,731192:1 CEO-to-median-employee pay ratio used median employee compensation of $28,731.
- 200%200% was the maximum performance payout for fiscal 2025 performance-based RSUs, measured by relative TSR against peers.
- 98%More than 98% of votes cast supported the NEO compensation program at the 2025 annual meeting.
- $719K$719,231 of Robert S. Trauber’s other compensation included $600,000 severance after his November 2025 departure.
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.