How Crooker was paid
$5.9M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| William R. CrookerPresident and Chief Executive Officer | $800,000 | $3,599,970 | $1,427,915 | $53,267 | $5,881,152 |
| Michael C. ChaseExecutive Vice President and Chief Investment Officer | $435,000 | $1,196,241 | $621,143 | $48,117 | $2,300,501 |
| Steven T. KimballExecutive Vice President and Chief Operating Officer | $456,250 | $1,062,516 | $651,486 | $34,919 | $2,205,171 |
| Matts S. PinardExecutive Vice President, Chief Financial Officer and Treasurer | $460,000 | $1,149,998 | $656,841 | $51,539 | $2,318,378 |
| Jeffrey M SullivanExecutive Vice President, General Counsel and Secretary | $450,000 | $1,125,004 | $642,562 | $46,752 | $2,264,318 |
What changed and why
- 86%Approximately 86% of CEO compensation was at risk and strongly aligned with stockholder interests.
- $5.9MChief Executive Officer total compensation was $5,881,152 in 2025 compared to $5,580,423 in 2024.
- 80%Annual cash incentive bonuses are based on company performance goals at 80% and individual performance goals at 20%.
- Performance units are based on three-year TSR compared to relative benchmarks and absolute return hurdles.
- 96.2%Stockholders expressed strong support with approximately 96.2% of votes cast favoring 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.