How Umair was paid
$1.7M 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 |
|---|---|---|---|---|---|
| Muhammad UmairPresident and Chief Executive Officer | $650,000 | $1,025,225 | — | $39,775 | $1,715,000 |
| John SzczepanskiChief Financial Officer | $424,039 | $423,000 | $200,000 | $1,179 | $1,048,218 |
| Jared ShureChief Administrative Officer and General Counsel | $500,000 | $537,418 | $200,000 | $15,389 | $1,252,807 |
| Claudia Lima-GuinehutFormer Brand President | $625,000 | $684,318 | — | $31,030 | $1,340,348 |
| Laura LentiniFormer Interim Chief Financial Officer and Chief Accounting Officer | $172,116 | — | — | $603 | $172,719 |
What changed and why
- $1.7MCEO total compensation decreased to $1,715,000 in fiscal 2025 compared to $1,886,449 in the prior year.
- The company relies on controlled company exceptions under NASDAQ listing rules due to controlling shareholder Mithaq Capital.
- Performance-based short-term and long-term incentives link a substantial portion of executive pay directly to company performance.
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.