How Thomson was paid
$4.2M 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 |
|---|---|---|---|---|---|
| Michael M. ThomsonCEO and President | $771,538 | $1,940,628 | $1,487,222 | $21,500 | $4,220,888 |
| Debra McCannExecutive Vice President and CFO | $544,615 | $833,750 | $886,914 | $14,000 | $2,279,279 |
| Chris ArrasmithExecutive Vice President and COO | $522,250 | $600,002 | $701,218 | $14,000 | $1,837,470 |
| Kristen ProhlSVP, General Counsel, Corporate Secretary and Chief Administration Officer | $528,462 | $475,001 | $786,539 | $22,050 | $1,812,052 |
| Teresa PoggenpohlSVP and Chief Marketing Officer | $509,231 | $350,000 | $635,520 | $19,000 | $1,513,750 |
| Peter AltabefChair, Former CEO | $375,619 | $200,001 | $1,001,514 | $4,415,636 | $5,992,770 |
What changed and why
- Michael M. Thomson was promoted to CEO and President effective April 1, 2025.
- $4.2MTotal compensation for CEO Michael M. Thomson was $4,220,888 for 2025.
- $6MFormer CEO Peter Altabef received $5,992,770 in total compensation, including severance benefits.
- Performance-based LTI awards now emphasize a full three-year performance period with cliff vesting.
- 83%More than 83% of votes cast supported the executive compensation program in the prior 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.