How Gopal was paid
$77.4M 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Ajei S. GopalPresident and CEO | $236,966 | $320,000 | $76,650,569 | — | $209,130 | $77,416,665 |
| Craig F. Courtemanche, Jr.Former President and CEO, and Chair of the Board | $491,077 | $500,000 | $19,204,584 | $572,451 | $15,969 | $20,784,081 |
| Howard FuFormer Chief Financial Officer and Treasurer | $441,588 | — | $4,321,092 | $320,121 | $5,000 | $5,087,801 |
| Benjamin C. SingerChief Legal Officer and Corporate Secretary | $431,198 | — | $2,640,671 | $312,588 | $5,000 | $3,389,457 |
| Larry StackFormer Chief Revenue Officer | $467,564 | — | $3,841,000 | $451,935 | $17,861 | $4,778,360 |
| Steven S. DavisPresident, Product and Technology | $467,564 | — | $4,561,171 | $338,951 | $5,353 | $5,373,039 |
What changed and why
- Dr. Ajei S. Gopal was appointed President and CEO effective September 22, 2025.
- $1.323BTotal revenue reached $1.323 billion, representing 15% year-over-year growth.
- $217MFree cash flow increased by 70% year-over-year to reach $217 million.
- $76.7MStock awards for the new CEO totaled $76,650,569 reflecting new hire equity compensation.
- 83%Approximately 83% of the votes cast approved the prior year say-on-pay proposal.
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.