How Heffes was paid
$2.1M 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 | Bonus | Options | Other | Total |
|---|---|---|---|---|---|
| Brett D. HeffesChief Executive Officer and Chair of the Board of Directors | $700,000 | — | $699,963 | $13,161 | $2,108,124 |
| Anthony D. IshaugChief Financial Officer and Treasurer | $442,500 | $497,500 | $442,368 | $13,161 | $1,395,529 |
| Renae M. GaudetteChief Operating Officer | $340,000 | $332,500 | $339,659 | $13,161 | $1,025,320 |
| Lisa S. HakeChief Marketing Officer | — | $78,750 | $125,000 | $157,119 | $360,934 |
What changed and why
- $2.1MChief Executive Officer total compensation increased to $2,108,124 in fiscal 2025 from $1,832,143 in fiscal 2024.
- $700KOption awards for the Chief Executive Officer were $699,963 in fiscal 2025.
- 94.8%Advisory vote support for executive compensation was 94.8% at the prior annual meeting.
- The ratio of the Chief Executive Officer pay to median employee pay was 21.9 to 1.
- $75,000Chief Financial Officer bonus included a $75,000 discretionary bonus for executing the exit from the leasing business.
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.