How Thornberry was paid
$11.3M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| Richard G. ThornberryChief Executive Officer | $1,000,000 | $7,085,347 | $3,120,000 | $113,620 | $11,318,967 |
| Sumita PanditFormer President and Chief Financial Officer | $598,077 | $2,725,003 | $1,330,488 | $66,093 | $4,719,661 |
| Edward J. HoffmanSenior EVP, General Counsel | $525,000 | $1,471,803 | $945,000 | $45,810 | $2,987,613 |
| Mary C. DickersonSenior EVP, Chief People and Operating Officer | $524,039 | $872,404 | $867,000 | $56,362 | $2,319,805 |
| Eric R. RaySenior EVP, Chief Digital Officer | $475,000 | $981,540 | $740,000 | $41,035 | $2,237,575 |
| Derek V. BrummerFormer President, Mortgage Insurance | $309,231 | $2,180,337 | — | $63,480 | $2,553,048 |
What changed and why
- $11.3MChief executive officer total compensation increased to $11,318,967 for 2025.
- 11%Base salary represented 11% of the chief executive officer total target compensation.
- 60%Long term incentive awards are 60% performance based requiring strong growth.
- $1.2BTotal revenues from continuing operations reached $1.2 billion for 2025.
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.