As of his latest reports, Richard M. Adams has not been heavily involved in stock options or grants, focusing more on cash compensation. His salary fluctuated significantly between 2015 and 2022, peaking at approximately $2.3 million in total compensation in...
As of his latest reports, Richard M. Adams has not been heavily involved in stock options or grants, focusing more on cash compensation. His salary fluctuated significantly between 2015 and 2022, peaking at approximately $2.3 million in total compensation in 2015. Over the years, he has experienced variations in bonus allocations based on the company's annual performance, with a notable cash incentive reaching 144% of the target in 2020. In 2022, he entered into a new employment agreement that provided a base salary of $1.3 million and participation in an incentive plan, but removed him from the long-term equity incentives. This reflects a shift in focus from traditional stock-based compensation towards a more straightforward cash incentive structure.