How Jr. was paid
$8.7M 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 |
|---|---|---|---|---|---|
| William E. Waltz Jr.President & Chief Executive Officer | $1,100,000 | $6,599,894 | $856,940 | $135,398 | $8,692,232 |
| John M. DeitzerVice President & Chief Financial Officer | $525,769 | $1,200,027 | $276,233 | $31,250 | $2,033,279 |
| Daniel S. KellyVice President, General Counsel & Corporate Secretary | $546,154 | $999,973 | $266,789 | $57,393 | $1,870,309 |
| Mark F. LampsBU President, Safety & Infrastructure | $546,923 | $1,300,002 | $290,076 | $55,608 | $2,192,609 |
| John W. PregenzerBU President, Electrical | $603,846 | $1,999,944 | $333,740 | $68,752 | $3,006,282 |
What changed and why
- $2,850.4MNet sales for fiscal 2025 decreased by 11.0 percent to $2,850.4 million compared to the prior fiscal year.
- $488.0MNet income for fiscal 2025 decreased by $488.0 million resulting in a net loss of $15.2 million.
- $8.7MCEO total compensation increased to $8,692,232 in fiscal 2025 from $8,031,015 in fiscal 2024.
- 96%Stockholders showed strong support for executive compensation with 96 percent voting in favor on say-on-pay.
- $600KJohn W. Pregenzer received an additional RSU grant valued at $600,000 in connection with his promotion.
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.