How Moret was paid
$15.4M 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 | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|---|
| Blake D. MoretPresident & Chief Executive Officer | $1,210,456 | $0 | $7,700,421 | $3,300,010 | $1,737,610 | $1,403,433 | $49,777 | $15,401,707 |
| Christian E. RotheSenior Vice President & Chief Financial Officer | $800,000 | $250,000 | $2,240,479 | $960,049 | $765,600 | $0 | $22,139 | $5,038,267 |
| Matthew W. FordenwaltSenior Vice President, Lifecycle Services | $600,000 | $0 | $1,750,495 | $750,070 | $459,360 | $269,884 | $35,514 | $3,865,323 |
| Scott A. GenereuxSenior Vice President, Chief Revenue Officer | $644,280 | $0 | $1,540,281 | $660,039 | $493,261 | $0 | $54,765 | $3,392,626 |
| Rebecca W. HouseSenior Vice President, Chief People & Legal Officer & Secretary | $663,624 | $0 | $1,540,281 | $660,039 | $508,071 | $0 | $83,982 | $3,455,997 |
What changed and why
- $15.4MCEO Blake D. Moret total compensation decreased to $15,401,707 in fiscal 2025 compared to $16,430,804 in fiscal 2024.
- Performance share awards are tied to Total Shareowner Return relative to S&P 500 Selected GICS Groups.
- Annual incentive payouts are determined based on performance against four key financial goals plus strategic culture goals.
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.