How Narayanan 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 | Options | Other | Total |
|---|---|---|---|---|---|---|
| Arun NarayananChief Executive Officer | $520,266 | $743,079 | $791,213 | — | $13,690 | $2,068,248 |
| David BuzbyFormer Interim Chief Executive Officer and Executive Chair | $173,089 | — | $81,747 | $10,075 | — | $264,911 |
| Michael CarlsonPresident, Managed Services & OEM Hardware | $430,373 | $379,923 | $525,965 | $29,095 | — | $1,365,356 |
| Saul R. LaurelesChief Legal Officer and Corporate Secretary | $410,223 | $376,424 | $525,965 | $29,095 | $8,608 | $1,350,315 |
What changed and why
- $2.1MArun Narayanan was appointed Chief Executive Officer on January 27, 2025, receiving total compensation of $2,068,248.
- David Buzby transitioned from Interim Chief Executive Officer back to non-executive Chair in January 2025.
- The 2025 executive compensation program consisted of base salary, annual cash incentive awards, and long-term incentive awards.
- Long-term incentives included time-vested RSUs, stock options, and performance-based PSUs.
- Annual incentive payouts were based on adjusted EBITDA, free cash flow, revenue, and business unit contribution.
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.