How Rajavelu was paid
$2.1M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Esther RajaveluPresident and Chief Executive Officer, Chief Financial Officer, Chief Business Officer and Treasurer | $577,179 | $687,479 | $413,705 | $372,000 | $11,134 | $2,061,496 |
| Tim KeutzerChief Operating Officer | $484,566 | $498,818 | $213,710 | $232,592 | $11,134 | $1,440,820 |
| Satyavrat ShuklaFormer President and Chief Executive Officer | $244,153 | $452,813 | $603,380 | $307,912 | $416,919 | $2,025,178 |
What changed and why
- $2.1MEsther Rajavelu received total compensation of $2,061,496 for fiscal 2025 following her appointment as President and CEO.
- $577KEsther Rajavelu received a base salary of $577,179 and a retention bonus of $687,479 in 2025.
- $1.4MTim Keutzer received total compensation of $1,440,820 for fiscal 2025 as Chief Operating Officer.
- $2MSatyavrat Shukla stepped down as President and CEO on May 2, 2025, receiving total compensation of $2,025,178.
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.