How Bailly was paid
$7.6M 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 |
|---|---|---|---|---|---|
| R. Jeffrey BaillyChief Executive Officer | $789,000 | $5,377,499 | $1,260,934 | $221,007 | $7,648,440 |
| Ronald J. LatailleSenior Vice President, Treasurer, and Chief Financial Officer | $485,000 | $1,650,000 | $350,954 | $34,326 | $2,520,280 |
| Mitchell C. RockPresident | $525,000 | $1,650,000 | $388,704 | $34,338 | $2,598,042 |
| Christopher P. LitterioGeneral Counsel, Secretary, and Senior Vice President of Human Resources | $385,000 | $550,000 | $221,438 | $32,450 | $1,188,888 |
| Jason HoltSenior Vice President | $352,000 | $439,999 | $159,160 | $29,591 | $980,750 |
What changed and why
- $7.6MChief Executive Officer R. Jeffrey Bailly received total compensation of $7,648,440 in fiscal 2025.
- Mr. Bailly will transition from Chief Executive Officer to Executive Chairman on June 4, 2026.
- $700KMitchell C. Rock will assume the role of Chief Executive Officer on June 4, 2026, with a base salary of $700,000.
- $97.8MActual Adjusted Operating Income for fiscal 2025 reached $97,751,303 against targeted objectives.
- The CEO to median employee pay ratio was calculated at 1,031 to 1 for the fiscal year.
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.