How Lockwood-Taylor was paid
$9M 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Patrick Lockwood-TaylorCEO, President | $1,223,333 | — | $6,990,564 | $687,250 | $141,456 | $9,042,603 |
| Eduardo BezerraEVP, CFO | $777,777 | — | $2,542,044 | $265,000 | $84,794 | $3,669,615 |
| Roberto KhouryEVP, Chief Commercial Officer | $659,475 | — | $2,158,854 | $254,000 | $75,058 | $3,147,388 |
| Abbie LennoxEVP, Chief Scientific Officer | $648,039 | $767,411 | $1,294,168 | $200,000 | $79,463 | $2,989,082 |
| Charles AtkinsonEVP, General Counsel and Secretary | $760,000 | — | $1,853,553 | $268,000 | $20,300 | $2,901,853 |
| Ronald JanishFormer EVP, Global Operations & Supply Chain & CTO | $507,866 | — | $900,285 | — | $3,228,823 | $4,636,974 |
| Triona SchmelterFormer EVP, President CSCA | $631,250 | — | $2,012,432 | $163,000 | $815,582 | $3,622,264 |
What changed and why
- $9MPatrick Lockwood-Taylor received total compensation of $9,042,603 in fiscal 2025.
- 98%Shareholders approved executive compensation at the prior annual meeting with over 98% support.
- $622MAdjusted operating income increased 2% compared to the prior year to $622 million.
- 14.6%Adjusted operating margin expanded 70 basis points to reach 14.6%.
- $163MProject Energize achieved gross annualized pre-tax savings of approximately $163 million.
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.