How Aylward was paid
$6.3M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| George R. AylwardPresident and Chief Executive Officer | $650,000 | $2,442,000 | $3,200,000 | $17,500 | $6,309,500 |
| Michael A. AngerthalExecutive Vice President Chief Financial Officer and Treasurer | $430,000 | $1,575,000 | $925,000 | $17,500 | $2,947,500 |
| Barry M. MandinachExecutive Vice President Head of Distribution | $445,000 | $1,200,000 | $600,000 | $42,500 | $2,287,500 |
| Richard W. SmirlExecutive Vice President Chief Operating Officer | $450,000 | $1,500,000 | $1,000,000 | $17,500 | $2,967,500 |
| Andra C. PurkalitisExecutive Vice President Chief Legal Officer, General Counsel and Corporate Secretary | $375,000 | $950,000 | $500,000 | $17,500 | $1,842,500 |
What changed and why
- 4.6%CEO total compensation decreased by 4.6% to $6,309,500 in 2025 from $6,616,500 in 2024.
- $174.3MAdjusted net income attributable to the company decreased by 8% to $174.3 million.
- $159.5BAssets under management decreased by 8.9% to $159.5 billion at the end of 2025.
- $23.4BTotal sales decreased by 12.4% to $23.4 billion in 2025.
- 92%Shareholders previously approved executive compensation with 92% support at the 2025 annual meeting.
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.