How McFarland was paid
$18.7M 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 |
|---|---|---|---|---|---|---|
| Mark McFarlandChief Executive Officer (former President) | $1,131,346 | $1,000,000 | $14,505,986 | $2,054,413 | $47,902 | $18,739,647 |
| Terry NuttPresident (former Chief Financial Officer) | $670,577 | — | $5,157,707 | $946,890 | $31,784 | $6,806,958 |
| Brad BerrymanChief Operating Officer (former Senior Vice President and Chief Nuclear Officer) | $551,154 | — | $4,052,470 | $743,985 | $66,468 | $5,414,077 |
| John WanderGeneral Counsel and Corporate Secretary | $550,000 | — | $4,052,470 | $743,985 | $9,580 | $5,356,035 |
| Andrew WrightChief Administrative Officer | $546,539 | — | $4,052,470 | $743,985 | $46,677 | $5,389,671 |
What changed and why
- $18.7MChief Executive Officer total compensation increased to $18,739,647 in fiscal year 2025 due to higher stock and bonus awards.
- Short-term incentives were paid out based on operational and financial performance goals under the STI Program.
- Long-term equity incentives consisted of restricted stock units and performance stock units granted under the 2023 Equity Plan.
- 92%Approximately 92 percent of advisory votes cast supported the executive compensation program at the prior annual meeting.
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.