Innovate Executive Compensation (FY25)
VATE · Executive and director compensation, fiscal 2025 only
The Innovate brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Data as of September 7, 2026Latest filing (8-K): June 11, 2026
11 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
84 figures on this page: 74 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Frequently asked questions
Answers drawn from the data on this page.
Who is Innovate's chief executive and what were they paid?
Total compensation for Paul Voigt, Interim Chief Executive Officer, came to $1,840,192 in fiscal 2025.
What was Innovate's say-on-pay result?
The say-on-pay proposal drew 97.2% of votes cast for or against in favor at the meeting held June 11, 2026 for fiscal 2025.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Paul Voigt Interim Chief Executive Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Michael Sena Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Paul Voigt | Option | ◇ | — | ◇ | — |
| RSU | ◇ | ◇ | — | — | |
| Michael Sena | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Brian S. Goldstein | ◇ | ◇ | — | — | — | ◇ | ◇ |
Warren H. Gfeller | ◇ | ◇ | — | — | — | ◇ | ◇ |
Avram A. Glazer Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Amy M. Wilkinson | ◇ | ◇ | — | — | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as Rsas.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 11, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 12, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 18, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 15, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 16, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | June 17, 2021 | = | ◇ | ◇ | ◇ |
| 2018 | June 13, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | June 13, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | June 14, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | June 14, 2016 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Innovate disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
84 figures on this page: 74 cited to the filing that reported them, 10 calculated from figures it prints.
74 cited to the filing
10 calculated from the filing
Documents cited
- 0001006837-26-000048Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001006837-26-000027Compensation of Directors · Outstanding Equity Awards at Fiscal Year End · Summary Compensation Table
- 0001006837-25-000060Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001006837-24-000103Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001006837-23-000073Item 5.07. Submission of Matters to a Vote of Security Holders
- 0001006837-22-000073Item 5.07. Submission of Matters to a Vote of Security Holders
- 0001006837-21-000074Item 5.07. Submission of Matters to a Vote of Security Holders
- 0001006837-19-000072Item 5.07. Submission of Matters to a Vote of Security Holders
- 0001006837-18-000072Item 5.07. Submission of Matters to a Vote of Security Holders
- 0001006837-17-000116Item 5.07. Submission of Matters to a Vote of Security Holders
- 0001140361-16-0698632. Approval of the Compensation of the Company s Named Executive Officers ( Say on Pay Proposal)
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Innovate executive compensation, FY2025.” https://intel.velarion.ai/comp/VATE (accessed 2026).
Short form: data: Velarion
The Innovate brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
11 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}