How Friedman was paid
$4.4M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Howard FriedmanChief Executive Officer | $968,289 | — | $2,699,044 | $609,936 | $114,000 | $4,391,269 |
| William J. Kelley, Jr.Executive Vice President, Chief Financial Officer | $380,385 | $50,000 | $870,419 | $285,200 | — | $1,586,004 |
| Mitchell ArendsExecutive Vice President, Chief Integrated Supply Chain Officer | $503,943 | — | $423,673 | $229,408 | $14,000 | $1,171,024 |
| Jennifer BentzExecutive Vice President, Chief Marketing Officer | $489,179 | — | $411,187 | $183,959 | $14,000 | $1,098,325 |
| Theresa SheaExecutive Vice President, Chief Legal Officer & Corporate Secretary | $505,539 | — | $549,794 | $199,989 | $14,000 | $1,269,322 |
| Ajay KatariaFormer Executive Vice President, Chief Financial and Accounting Officer | $246,633 | — | $827,090 | — | $595,191 | $1,767,038 |
What changed and why
- $4.4MChief Executive Officer total compensation decreased to $4,391,269 in fiscal year 2025 compared to $4,907,657 in fiscal year 2024.
- $1,438.8MNet sales increased 2.1% to $1,438.8 million and Organic Net Sales increased 2.4% during fiscal year 2025.
- 94%Stockholders overwhelmingly approved the say-on-pay resolution last year with more than 94% of combined votes cast in favor.
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.