How Harmening was paid
$6.4M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Andrew J. HarmeningPresident and CEO | $1,120,000 | — | $2,799,980 | $2,150,400 | $5,921 | $278,325 | $6,354,626 |
| Derek S. MeyerExecutive Vice President, Chief Financial Officer | $600,000 | — | $659,994 | $614,400 | $5,476 | $54,689 | $1,934,559 |
| John A. UtzExecutive Vice President, Head of Specialized Industries & Capital Markets and Milwaukee Market President | $490,000 | — | $538,966 | $470,400 | $13,160 | $63,197 | $1,575,723 |
| Randall J. EricksonExecutive Vice President, General Counsel & Corporate Secretary | $498,000 | — | $497,988 | $446,208 | $11,556 | $59,579 | $1,513,331 |
| Julio N. MansoExecutive Vice President, Chief Human Resources Officer | $262,500 | $100,000 | $605,080 | $403,200 | — | $43,676 | $1,414,456 |
What changed and why
- $6.4MCEO total compensation increased to $6,354,626 in 2025 from $5,473,089 in 2024.
- 97%Shareholder support for the say-on-pay proposal exceeded 97% at the 2025 annual meeting.
- Chief executive officer annual total compensation was 91 times that of the median colleague.
- $100KJulio N. Manso received a sign-on cash bonus of $100,000 upon his hire on June 2, 2025.
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.