How Kruszewski was paid
$18.9M 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 | Other | Total |
|---|---|---|---|---|---|
| Ronald J. KruszewskiChairman and Chief Executive Officer | $200,000 | $8,900,000 | $8,880,000 | $928,297 | $18,908,297 |
| James M. ZemlyakPresident and Head of Global Wealth Management | $300,000 | $5,820,000 | $4,400,000 | $403,537 | $10,923,537 |
| Thomas B. MichaudSenior Vice President | $300,000 | $6,090,000 | $2,665,000 | $198,526 | $9,253,526 |
| C. Brad RaymondCo-Head of Institutional Group | $300,000 | $2,820,000 | $2,665,000 | $283,230 | $6,068,230 |
| James M. MarischenChief Financial Officer | $300,000 | $2,580,000 | $1,620,000 | $128,162 | $4,628,162 |
| Victor J. NesiCo-President and Head of Institutional Group | $150,000 | $5,850,000 | $3,100,000 | $512,821 | $9,612,821 |
What changed and why
- $5.53BNet revenues reached $5.53 billion, representing the highest in company history.
- $18.9MCEO total compensation increased to $18,908,297 for fiscal 2025 compared to $16,082,515 in 2024.
- Global Wealth Management and asset management operating segments achieved record net revenues in 2025.
- 96%Shareholders demonstrated strong support with more than 96% voting in favor of say-on-pay last year.
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.