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Company Executives

Management Team

From the 10-K annual report
Officer Age In this role Joined 2025 pay Source
Paul J. Sarvadi Also a director
Chairman of the Board & Chief Executive Officer
69 Since 2003
23 years
Not stated $16,813,013
James D. Allison
Executive Vice President of Finance, Chief Financial Officer & Treasurer
57 Since 2024
2 years
1997 $2,502,983
A. Steve Arizpe
President & Chief Operating Officer
68 Since 2019
7 years
1989 $5,451,090
Christian P. Callens
Senior Vice President of Legal, General Counsel & Secretary
54 Since 2024
2 years
2014 $1,838,608
Sean Patrick Duffy
SVP, Finance & Accounting(PAO)
Title from the Form 4 dated Oct 5, 2026
Not stated Not stated Not stated Not reported

Each officer opens the passage of the filing that names them. A title that changed since the list comes from the officer's latest Form 3, 4 or 5, and its start year is not stated there. "Not stated" means the filing does not say. Pay is the proxy's Summary Compensation Table, which reports only the named executive officers.

Directors
11
serving now
Independent
9 of 10
stated in the proxy; 1 not stated
Average tenure
13.6 years
from year joined
CEO also chairs the board
Yes
Paul J. Sarvadi
Director Age On board Independent Committees Other public boards 2025 pay Source
Paul J. Sarvadi
69 1986
40 years
Not independent None stated None stated Paid as CEO
Timothy T. Clifford
70 2016
10 years
Independent
Compensation Committee · Chair Nominating and Corporate Governance Committee
None stated $347,558
Ellen H. Masterson
75 2017
9 years
Independent
Finance, Risk Management and Audit Committee · Chair
Westwood Holdings Group $315,058
Latha Ramchand
65 2019
7 years
Independent
Finance, Risk Management and Audit Committee
None stated $290,058
W. Philip Wilmington
67 2024
2 years
Independent
Compensation Committee
None stated $285,058
Carol R. Kaufman
76 2013
13 years
Independent
Nominating and Corporate Governance Committee · Chair Compensation Committee
None stated $305,058
John L. Lumelleau
74 2019
7 years
Independent
Finance, Risk Management and Audit Committee
None stated $290,058
Eli Jones
64 2020
6 years
Independent None stated First Financial Bankshares, Inc. $310,058
Randall Mehl
58 2017
9 years
Independent
Compensation Committee
ICF International, Inc. $285,058
John M. Morphy
78 2016
10 years
Independent
Finance, Risk Management and Audit Committee
None stated $290,058
Richard G. Rawson
77 1989
37 years
Not stated None stated None stated $275,058

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

5 disclosed in the proxy filed Apr 14, 2026
Mr. Timothy T. Clifford
related party
Amount not stated

PEO services provided to one client company owned by or with board members who are related parties; net service fees presented net of payroll costs.

With certain entities (one client company) Open in proxy
Mr. Richard G. Rawson
related party
Amount not stated

PEO services provided to four client companies owned by or with board members who are related parties; net service fees presented net of payroll costs.

With certain entities (four client companies) Open in proxy
Mr. Paul J. Sarvadi
related party
Amount not stated

PEO services provided to three client companies owned by or with board members who are related parties; net service fees presented net of payroll costs.

With certain entities (three client companies) Open in proxy
Family members of Mr. Arizpe
family members of Mr. Arizpe; non-executive corporate employees
$455,944
2025

Salaries, commissions and incentive compensation paid to four non-executive corporate employees who are family members of Mr. Arizpe.

Mr. Paul J. Sarvadi
owner of aircraft leased and operated by a third-party air charter company
$709,885
2025

Company paid an air charter company hourly rate plus expenses for use of an aircraft owned by Mr. Sarvadi.

With third-party air charter company Open in proxy

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