How Kelley was paid
$11.2M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Stephen KelleyPresident and Chief Executive Officer | $977,792 | $8,426,221 | $1,767,095 | $16,100 | $11,187,208 |
| Paul OldhamExecutive Vice President and Chief Financial Officer | $558,979 | $2,530,310 | $687,344 | $17,350 | $3,793,983 |
| Eduardo Bernal AcebedoExecutive Vice President and Chief Operations Officer | $544,340 | $2,530,310 | $723,799 | $154,132 | $3,952,581 |
| Elizabeth VonneExecutive Vice President General Counsel and Secretary | $474,000 | $1,476,048 | $583,015 | $17,640 | $2,550,703 |
| John DonagheyExecutive Vice President and Chief Commercial Officer | $483,958 | $1,792,358 | $595,289 | $33,983 | $2,905,588 |
What changed and why
- 21%Advanced Energy grew revenue by 21% to the second-highest level in company history during 2025.
- $11.2MCEO total compensation increased to $11,187,208 in 2025 compared to $8,761,961 in 2024.
- Data Center Computing revenue more than doubled for the year driven by artificial intelligence demand.
- The ratio of the annual total compensation of the CEO to the median employee was 840 to 1.
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.