How Steelman was paid
$15.4M in total for fiscal 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|---|
| Kecia L. SteelmanPresident Chief Executive Officer | $1,350,003 | — | $4,792,877 | $4,792,556 | $4,383,972 | $84,255 | $15,403,663 |
| Christopher J. DelOreficeChief Financial Officer | $154,540 | $1,000,000 | $3,300,658 | — | — | $13,900 | $4,469,098 |
| Rene G. CásaresChief Legal Officer | $599,523 | $1,250,000 | $634,421 | $634,377 | $1,078,007 | $14,500 | $4,210,828 |
| Anita J. RyanChief Human Resources Officer | $715,928 | — | $1,225,343 | $1,225,131 | $980,987 | $40,092 | $4,187,481 |
| Paula M. OyiboFormer Chief Financial Officer | $315,190 | — | $791,726 | $791,766 | — | $1,227,032 | $3,125,714 |
| Christopher LialiosFormer Interim Chief Financial Officer | $488,493 | — | $204,529 | $87,590 | $651,417 | $23,040 | $1,455,069 |
| Jodi J. CaroFormer General Counsel and Chief Risk and Compliance Officer | $171,692 | — | — | — | — | $20,978 | $192,670 |
What changed and why
- $15.4MKecia L. Steelman received total compensation of $15,403,663 for fiscal 2025, representing an increase from the prior year.
- $1MChristopher J. DelOrefice received a cash sign-on bonus of $1,000,000 and equity awards upon joining as Chief Financial Officer.
- $1.3MRene G. Cásares received hire payments totaling $1,250,000 in cash and equity grants upon appointment as Chief Legal Officer.
- $754KPaula M. Oyibo received separation benefits including $754,000 in severance and $438,810 in bonus per separation agreement.
- 90%Stockholders approved the executive compensation program with approximately 90 percent support at the 2025 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.