How Hale was paid
$9.5M 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 |
|---|---|---|---|---|---|
| Robert L. JohnsonExecutive Chairman | $515,000 | $1,642,133 | $636,883 | — | $2,794,016 |
| Leslie D. HalePresident and Chief Executive Officer | $882,000 | $6,900,250 | $1,622,116 | $55,648 | $9,460,014 |
| Thomas BardenettExecutive Vice President and Chief Operating Officer | $565,000 | $1,768,457 | $600,000 | $48,552 | $2,982,009 |
| Frederick D. McKalipExecutive Vice President, General Counsel and Corporate Secretary | $357,706 | $45,061 | $465,000 | $53,023 | $920,790 |
| Nikhil BhallaSenior Vice President, Chief Financial Officer and Treasurer | $343,535 | $631,580 | $260,000 | $55,648 | $1,290,763 |
| Sean M. MahoneyFormer Executive Vice President and Chief Financial Officer | $206,250 | — | $249,000 | $30,424 | $485,674 |
| Chad D. PerryFormer Executive Vice President, General Counsel and Corporate Secretary | $167,519 | $1,033,509 | — | $30,424 | $1,231,452 |
What changed and why
- 90%90% of the chief executive officer compensation was variable and at risk based on performance.
- $9.5MTotal chief executive officer compensation increased to $9,460,014 for fiscal year 2025.
- The compensation committee maintained objective performance metrics tied to EBITDA and strategic value creation initiatives.
- 92%Shareholders approved the prior say-on-pay proposal with approximately 92% support.
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.