How Bakker was paid
$2.4M 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 |
|---|---|---|---|---|---|
| Frank BakkerPresident & CEO | $334,750 | $1,956,523 | $137,582 | $3,424 | $2,432,279 |
| Steven M. CatesSenior Vice President – Finance, CFO & Treasurer | $315,180 | $1,419,498 | $107,949 | $2,874 | $1,845,502 |
| John W. LawrenceChief Administrative Officer, General Counsel & Corporate Secretary | $315,180 | $1,088,748 | $107,949 | $6,734 | $1,518,612 |
What changed and why
- $2.4MCEO total compensation increased to $2,432,279 in fiscal year 2025 compared to $884,915 in fiscal year 2024.
- $2MStock awards for the CEO increased significantly to $1,956,523 for 2025 from $343,173 for 2024.
- 80%Over the past five years, on average over 80% of votes cast favored the Say-on-Pay proposal.
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.