How Shavel was paid
$13.5M 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 | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Lee M. ShavelPresident and Chief Executive Officer | $1,000,000 | $8,800,086 | $2,199,881 | $1,500,000 | — | $40,880 | $13,540,847 |
| Elizabeth D. MannExecutive Vice President and Chief Financial Officer | $650,000 | $2,560,282 | $639,993 | $934,000 | — | $23,576 | $4,807,851 |
| Nick DaffanExecutive Vice President and Chief Information Officer | $545,000 | $1,479,829 | $370,206 | $668,000 | — | $27,829 | $3,090,864 |
| Kathy Card BecklesExecutive Vice President and Chief Legal Officer | $540,000 | $1,280,032 | $319,997 | $551,000 | $3,927 | $32,083 | $2,727,039 |
| Sunita HolzerExecutive Vice President and Chief Human Relations Officer | $550,000 | $1,039,804 | $260,150 | $594,000 | — | $30,931 | $2,474,885 |
What changed and why
- $13.5MCEO total compensation increased to $13,540,847 for 2025 based on solid company performance.
- 6.6%Revenue from continuing operations reached $3,072,700,000, representing a 6.6% increase over 2024.
- 9.6%Adjusted EBITDA from continuing operations grew 9.6% to $1,727,100,000 in 2025.
- 96%Shareholders approved the 2025 say-on-pay proposal with 96% support.
- Long-term incentive awards maintain a mix of relative TSR PSUs, ROIC PSUs, restricted stock, and 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.