How Jr. was paid
$984,096 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 |
|---|---|---|---|---|---|
| William W. Smith, Jr.Chairman, President and Chief Executive Officer | $450,000 | $516,675 | — | $17,421 | $984,096 |
| Timothy C. HuffmyerVice President, Chief Financial Officer, Chief Operating Officer and Treasurer | $196,385 | $216,441 | $2,160 | — | $414,985 |
| James M. KemptonVice President, Chief Financial Officer and Treasurer | $130,170 | $194,157 | $59,980 | — | $384,307 |
What changed and why
- $984KCEO total compensation increased to $984,096 in fiscal 2025 from $897,698 in fiscal 2024.
- Quarterly discretionary cash bonuses and annual corporate incentive bonus programs remained suspended throughout 2025.
- Restricted stock awards were granted in lieu of cash bonuses for the third and fourth quarters of 2025.
- 10%Base salaries for all named executive officers had been reduced by 10% beginning in March 2023.
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.