How Cornwell was paid
$341,709 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|
| Kevin L. CornwellChairman & CEO | $87,000 | $246,750 | $7,959 | — | $341,709 |
| Brian L. KoopmanPrincipal Financial Officer | $153,247 | $8,368 | $12,009 | $5,453 | $179,077 |
What changed and why
- 25%CEO total compensation decreased 25% to $341,709 due to lower option awards and management bonus.
- $87,000,CEO base salary was set at $87,000, representing half of the previous annual rate for the remainder of 2025.
- $247KOption awards for the CEO decreased to $246,750 from $289,800 in the prior year.
- $7,959,Non-equity incentive compensation for the CEO was $7,959, reflecting lower consolidated earnings before tax.
- $179KPrincipal Financial Officer total compensation increased to $179,077 from $167,793 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.