FYI.....2024 Compensation:
Base Salary:
Mr. Harary’s base salary in 2024 was $625,000. Base salary for executive officers performing similar roles for peer group members ranged from $200,000 to $1,510,000 with an average of $589,826. Mr. Harary’s base salary in 2024 represents 81% of his ATDC. Base salary as a percentage of ATDC for executive officers performing similar roles for Peer Group CEO Executives ranged from 2% to 100% with an average of 46%.
Actual Total Cash Compensation:
Mr. Harary’s actual total cash compensation in 2024 was $703,362. Actual total cash compensation for executive officers performing similar roles for Peer Group CEO Executives ranged from $200,000 to $6,695,856 with an average of $1,365,453. Mr. Harary’s actual total cash compensation in 2024 as a percentage of his ATDC was 92%. Actual Total Cash Compensation as a percentage of ATDC for executive officers performing similar roles for Peer Group CEO Executives ranged from 5% to 100% with an average of 56%.
Long-Term Incentive Compensation:
Mr. Harary’s long-term incentive compensation in 2024 was $63,600. Long-term incentive compensation for Peer Group CEO Executives ranged from $0 to $79,263,056 with an average of $8,202,619. Mr. Harary’s long-term incentive compensation in 2024 as a percentage of his ATDC was 8% Long-term incentive compensation as a percentage of ATDC for executive officers performing similar roles for Peer Group CEO Executives ranged from 0% to 95% with an average of 44%.
Actual Total Direct Compensation:
Mr. Harary’s actual total direct compensation in 2024 was $766,962. Actual total direct compensation for Peer Group CEO Executives ranged from $215,000 to $83,532,328 with an average of $9,568,073.
The Compensation Committee, having met and deliberated ten times during 2024, believes that the current compensation approach and level of compensation of the Company’s named executive officers is appropriate and in the best interests of the Company and its stockholders. |
