How Steitz was paid
$984,438 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 |
|---|---|---|---|---|---|
| John M. SteitzFormer President and Chief Executive Officer | $937,560 | — | — | $46,878 | $984,438 |
| D. Andrew EdwardsFormer Executive Vice President and Chief Financial Officer | $528,698 | $620,474 | — | $26,435 | $1,175,607 |
| Kevin C. DonnellyExecutive Vice President, General Counsel and Secretary | $477,584 | $467,072 | $496,386 | $23,879 | $1,464,921 |
What changed and why
- $984KJohn M. Steitz received total compensation of $984,438 for fiscal year 2025, reflecting his retirement effective December 31, 2025.
- 50%Long-term incentive awards consisted of 50% restricted stock and 50% cash-settled performance units tied to cumulative Consolidated Adjusted EBITDA.
- John M. Steitz and D. Andrew Edwards both retired from their executive roles effective December 31, 2025.
- $64,569The CEO to median employee pay ratio was calculated as 15 to 1 based on the median employee pay of $64,569.
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.