How Smith was paid
$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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Philip SmithChief Executive Officer | $512,749 | $1,961,475 | — | $2,516,768 | $13,055 | $5,004,047 |
| William DunawayChief Financial Officer | $375,000 | $698,361 | — | $2,459,907 | $14,867 | $3,548,135 |
| Sean O'ConnorExecutive Vice-Chair | $2,000,000 | $41,298,178 | — | $1,335,943 | $35,601 | $44,669,722 |
| Gregory KallinikosChief Executive Officer of Asia Pacific | $334,451 | — | $5,324,400 | $2,800,000 | $270,881 | $8,729,732 |
| Stuart DavisonChief Operating Officer | $326,621 | $234,065 | $6,362,550 | $618,244 | $9,245 | $7,550,725 |
What changed and why
- $5MChief Executive Officer Philip Smith received total compensation of $5,004,047 for fiscal year 2025.
- $44.7MSean O'Connor transitioned to Executive Vice-Chair, receiving total compensation of $44,669,722 reflecting restructured long-term incentives.
- $95,131The CEO to median employee pay ratio was calculated as 53 to 1 based on median pay of $95,131.
- 85.9%Stockholders approved the prior say-on-pay proposal with approximately 85.9% support at the annual meeting.
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.