How Fruithof was paid
$2.8M 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Barend FruithofGroup Chief Executive Officer | $1,005,022 | $226,000 | $309,656 | $1,145,820 | $162,243 | $2,848,741 |
| Marco PortmannGroup Chief Financial Officer | $322,684 | — | $154,828 | $282,500 | $82,862 | $842,874 |
| Thomas SchenkirschChief Group Services and Deputy Group CEO | $384,216 | $113,000 | $309,656 | $203,400 | $63,308 | $1,073,580 |
| Steffen SchewerdaCEO North America and President Vehicle Solutions | $454,167 | $100,000 | $563,852 | $300,000 | $35,861 | $1,453,880 |
| Henning SchröderCEO Europe and Rest of World | $327,204 | — | $206,438 | $139,555 | $69,083 | $742,280 |
| Tim TecklenburgFormer Chief Financial Officer | $188,339 | $113,000 | — | — | $41,743 | $343,082 |
What changed and why
- $2.8MCEO total compensation was $2,848,741 for fiscal year 2025.
- Acquisition of The Shyft Group was successfully completed on July 1, 2025.
- 13.4%Adjusted EBITDA reached $156m, representing a 13.4% increase versus 2024.
- 22.0%Order intake increased by 22.0% to $2.061b driven by airport, chassis, and municipal segments.
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.