How Mazurek was paid
$2.7M in total for 2024, 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 | Options | Other | Total |
|---|---|---|---|---|---|---|
| Nathan J. MazurekPresident, Chief Executive Officer, Chairman of the Board of Directors | $650,500 | $2,000,000 | — | $50,660 | $21,000 | $2,722,160 |
| Walter MichalecChief Financial Officer, Secretary, and Treasurer | $300,000 | $164,000 | $296,000 | — | — | $760,000 |
What changed and why
- $2.7M$2,722,160 was Mazurek’s 2024 total compensation, compared with $1,196,014 in 2023.
- $2M$2,000,000 was Mazurek’s 2024 bonus, while no stock awards were reported.
- $760K$760,000 was Michalec’s 2024 total compensation, including a $296,000 stock award.
- $676K$675,500 and $325,000 are Mazurek’s and Michalec’s respective 2025 base salaries.
- December 31, 2026 is the extended employment-agreement termination date for both named executives.
Other Pioneer Power Solutions proxy statements
- 2026 proxy statement
Nathan J. Mazurek paid $687,500 (-75% on the year).
Filed Sep 22, 2026
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.