How Zizelman was paid
$3.6M 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 |
|---|---|---|---|---|---|---|
| James ZizelmanPresident & Chief Executive Officer | $900,000 | — | $2,256,621 | $405,000 | $31,448 | $3,593,069 |
| Matthew R. HorvathChief Financial Officer & Treasurer | $495,722 | — | $870,068 | $156,153 | $14,240 | $1,536,183 |
| Susan C. BenedictChief Human Resources Officer & Assistant General Counsel | $405,050 | — | $660,142 | $109,364 | $12,971 | $1,187,527 |
| Natalia NobletPresident Electronics | $473,772 | $176,180 | $320,870 | $106,600 | $174,032 | $1,251,454 |
| Rajaey KasedPresident, Control Devices Division | $336,815 | — | $316,689 | $63,153 | $360 | $717,017 |
What changed and why
- $47.0MFull year 2025 net sales decreased by $47.0 million, or 5.2%, compared to the prior year primarily due to lower volumes.
- $3.6MCEO James Zizelman total compensation increased to $3,593,069 in 2025 from $2,226,646 in 2024.
- 55%The 2025 LTI target value was allocated 55% to performance share units and 45% to time-based restricted stock units.
- 83%At the 2025 Annual Meeting, 83% of votes cast approved the say-on-pay proposal.
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.