How Krohn was paid
$6.2M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Tracy W. KrohnChairman, Chief Executive Officer and President | $800,000 | $7,800 | $4,317,289 | $967,200 | $90,898 | $6,183,187 |
| Sameer ParasnisExecutive Vice President and Chief Financial Officer | $450,000 | $43,057 | $1,821,356 | $462,443 | $21,385 | $2,798,241 |
| William J. WillifordExecutive Vice President and Chief Operating Officer | $450,000 | $2,557 | $1,821,356 | $462,443 | $31,870 | $2,768,226 |
| George J. HittnerExecutive Vice President, General Counsel and Corporate Secretary | $449,784 | — | $1,821,356 | $382,500 | $21,820 | $2,675,460 |
| Huan GamblinExecutive Vice President and Chief Technical Officer | $448,992 | — | $1,821,356 | $382,500 | $23,933 | $2,676,781 |
What changed and why
- $6.2MCEO total compensation increased to $6,183,187 in 2025 compared to $4,171,834 in 2024.
- 92%Say-on-pay support increased significantly to approximately 92% in 2025 from 56% in 2023.
- $800KCEO base salary remained capped at $800,000 following previous reductions from $1,150,000.
- 60%Equity awards structure features 60% performance-based restricted stock units and 40% time-based restricted stock units.
- Single trigger change of control vesting provisions were eliminated from equity awards and executive agreements.
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.