Innovate (VATE) executive compensation, 2026 proxy

Paul K. Voigt, Interim Chief Executive Officer, was paid $1.8M in 2025, down 33% from $2.7M the year before.

Filed
April 28, 2026
Annual meeting
June 11, 2026
Pay year
2025
Named executives
2
CEO total pay
$1.8M-33% vs prior year
CEO pay in equity
73%$1.3M in awards

How Voigt was paid

$1.8M 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.

Salary27%Stock awards54%Option awards18%All other compensation0%

Named executive officers

ExecutiveTotal
Paul K. VoigtInterim Chief Executive Officer$1,840,192
Michael J. SenaChief Financial Officer$938,509

What changed and why

  • $1.8MPaul K. Voigt received total compensation of $1,840,192 for fiscal 2025, down from $2,747,808 in 2024.
  • $939KMichael J. Sena received total compensation of $938,509 for fiscal 2025.
  • The executive incentive program tied CFO compensation to corporate and individual performance goals.
  • The company granted equity awards consisting of restricted stock awards and stock options.

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.