How Hunn was paid
$26.2M 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| L. Neil HunnPresident and Chief Executive Officer | $1,000,000 | $17,533,527 | $5,098,979 | $2,096,000 | $477,259 | $26,205,765 |
| Jason P. ConleyExecutive Vice President and Chief Financial Officer | $745,000 | $6,232,167 | $1,812,368 | $975,950 | $184,243 | $9,949,728 |
| John K. StipancichExecutive Vice President, General Counsel and Corporate Secretary | $865,000 | $5,759,149 | $1,674,885 | $1,133,150 | $106,272 | $9,538,456 |
What changed and why
- $26.2MTotal CEO compensation increased to $26,205,765 in fiscal 2025 from $23,686,622 in fiscal 2024.
- 96%Total direct compensation at target tied to stock price and performance was 96% for our CEO.
- 91%Over 91% of the votes cast were in favor of the say-on-pay proposal at the 2025 annual meeting.
- $3.14BAdjusted EBITDA increased 11% to $3.14 billion and adjusted free cash flow reached $2.47 billion in 2025.
- All restricted stock and restricted stock unit awards made to executive officers are performance-based.
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.