How Gerrity was paid
$3.2M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Robert W. GerrityChief Executive Officer | $570,000 | $1,780,317 | $864,000 | $0 | $3,214,317 |
| Brian J. CreePresident | $440,000 | $1,068,190 | $567,000 | $27,050 | $2,102,240 |
| James P. HendersonChief Financial Officer | $400,000 | $667,640 | $455,000 | $15,000 | $1,537,640 |
What changed and why
- $3.2MChief Executive Officer Robert W. Gerrity earned total compensation of $3,214,317 in fiscal 2025, representing a decrease from $3,317,979 in fiscal 2024.
- 40%Long-term equity awards for executive officers consisted of 40% time-based restricted stock units and 60% performance-based stock units.
- Short-term incentive plan awards were based two-thirds on quantitative company performance metrics and one-third on individual performance including acquisitions.
- 127%Quantitative company performance metrics for the short-term incentive plan were achieved at 127% of target for fiscal 2025.
- Brian J. Cree was appointed Interim Chief Executive Officer effective March 26, 2026, ahead of leadership transition plans.
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.