How Rhines was paid
$231,813 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 | Other | Total |
|---|---|---|---|---|---|
| Dr. Walden C. RhinesChief Executive Officer & Director | $57,333 | — | $174,479 | — | $231,813 |
| Christopher ZegarelliChief Financial Officer | $132,955 | $200,000 | $2,262,572 | $3,852 | $2,599,379 |
| Candace JacksonSVP, General Counsel and Corporate Secretary | $324,375 | $42,000 | $163,087 | $11,543 | $541,005 |
| Dr. Babak A. TaheriFormer Chief Executive Officer | $385,903 | — | $1,220,936 | $1,726,211 | $3,333,049 |
What changed and why
- Dr. Walden C. Rhines assumed the role of Chief Executive Officer effective August 19, 2025.
- $232KDr. Rhines received total compensation of $231,813 for fiscal 2025 following his appointment.
- $3.3MFormer CEO Dr. Babak A. Taheri received total compensation of $3,333,049 in fiscal 2025 prior to his August resignation.
- $2.6MChristopher Zegarelli joined as Chief Financial Officer in fiscal 2025 and received total compensation of $2,599,379.
- $975KDr. Taheri received aggregate cash severance payments of $975,484 in connection with his separation from the company.
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.