How Lloyd was paid
$6.3M 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 | Stock | Other | Total |
|---|---|---|---|---|
| Jennifer LloydPresident and Chief Executive Officer | $295,000 | $6,024,623 | $1,816 | $6,321,439 |
| Robert Eric VerityInterim Chief Financial Officer | $336,781 | $244,545 | $17,162 | $598,488 |
| Sunil GuptaVice President, Operations | $409,154 | $1,517,385 | $16,439 | $1,942,978 |
| Gagan JainVice President, Worldwide Sales | $316,385 | $1,277,538 | $21,572 | $1,615,495 |
| Balu BalakrishnanFormer President and Chief Executive Officer | $580,269 | $7,647,010 | $16,154 | $8,243,433 |
| Sandeep NayyarFormer Chief Financial Officer | $361,904 | $2,579,480 | $66,289 | $3,007,673 |
| Douglas BaileyFormer Vice President, Marketing | $182,192 | $1,113,050 | $652,068 | $1,947,310 |
| Radu BarsanFormer Vice President, Technology | $285,255 | $1,628,946 | $46,320 | $1,960,521 |
What changed and why
- $650KJennifer A. Lloyd became President and Chief Executive Officer in July 2025 with an annual base salary of $650,000.
- 6%Revenue increased 6% and non-GAAP earnings per share grew 8% during fiscal year 2025.
- $112MOperating cash flow reached $112 million, representing an increase of $30 million from the prior year.
- $145MThe company returned $145 million to stockholders through dividends and share repurchases in 2025.
- 3xCEO stock ownership requirements were increased from 3x to 5x base salary under revised guidelines.
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.