How Lerner was paid
$1.5M 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 | Other | Total |
|---|---|---|---|---|---|
| James J. LernerFormer President & Chief Executive Officer | $700,000 | $468,750 | $211,875 | $113,027 | $1,493,653 |
| Kenneth P. GianellaFormer Chief Financial and Operating Officer | $462,981 | $256,250 | $213,457 | $116,040 | $1,048,729 |
| Brian E. CabreraFormer Chief Administrative Officer | $460,000 | $257,500 | $152,732 | $117,141 | $987,373 |
What changed and why
- $1.5M$1,493,653: James Lerner's Fiscal 2025 total compensation, compared with $890,261 in Fiscal 2024.
- Fiscal 2025 QIP: no payments were made because performance metric target levels were not achieved.
- $250K$250,000: Lerner's Fiscal 2025 retention bonus, plus a $300,000 supplemental retention bonus.
- 18,750: Lerner's time-based and performance-based restricted stock unit awards each.
- $12.0M$12.0 million: net adjusted EBITDA PSU target, which was not achieved and led to cancellation of related grants.
Other Quantum proxy statements
- 2026 proxy statement
Hugues Meyrath paid $2.2M.
Filed Jul 29, 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.