How Byrne was paid
$7.7M 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 |
|---|---|---|---|---|---|---|
| Timothy W. ByrnePresident and Chief Executive Officer | $575,000 | $800,000 | $5,687,650 | $575,000 | $30,413 | $7,668,063 |
| John J. GagnonVice President - Business Development | $224,750 | $47,500 | $23,199 | — | $8,006 | $303,455 |
| Nathan M. O'NeillVice President - Production | $256,750 | $75,000 | $47,060 | — | $9,788 | $388,598 |
| Timothy W. StoneVice President - Sales and Marketing | $254,500 | $72,500 | $37,118 | — | $7,657 | $371,775 |
| Michael L. WiedemerVice President and Chief Financial Officer | $382,500 | $80,000 | $47,060 | — | $10,500 | $520,060 |
What changed and why
- $7.7MCEO total compensation decreased to $7,668,063 in 2025 from $7,745,413 in 2024.
- $575KMr. Byrne received a base salary of $575,000 and a discretionary bonus of $800,000 for 2025.
- $575KAn objective EBITDA cash bonus of $575,000 was paid to Mr. Byrne under his employment agreement.
- $5.7MThe company granted 47,500 restricted stock awards valued at $5,687,650 to the CEO in 2025.
- The CEO to median employee pay ratio was calculated as 87:1 based on annual total compensation.
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.