Franklin Resources (BEN) executive compensation, 2025 proxy

Jennifer M. Johnson, Chief Executive Officer, was paid $16.8M in 2025, down 2% from $17.2M the year before. The CEO-to-median-employee pay ratio was 113:1, on median employee pay of $149,010.

Filed
December 22, 2025
Annual meeting
February 3, 2026
Pay year
2025
Named executives
5
CEO total pay
$16.8M-2% vs prior year
CEO to median employee
113:1median $149,010
CEO pay in equity
53%$9M in awards
Ending Assets Under Management
$1.66TAs of September 30, 2025
Capital Returned to Shareholders
$930MDividends and share repurchases
Long-Term Inflows
$343.9BIncreased 7.8% from prior year

How Johnson was paid

$16.8M 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.

Salary4%Stock awards53%Non-equity incentive41%All other compensation1%

Named executive officers

ExecutiveTotal
Jennifer M. JohnsonChief Executive Officer$16,844,816
Matthew NichollsCo-President, Chief Financial Officer and Chief Operating Officer$9,837,580
Gregory E. JohnsonExecutive Chairman and Chairman of the Board$3,364,771
Terrence J. MurphyCo-President and Head of Public Market Investments$13,639,988
Adam B. SpectorFormer Executive Vice President$5,449,045

What changed and why

  • $16.8MCEO total compensation decreased to $16,844,816 in fiscal 2025 from $17,238,416 in the prior year.
  • $1.66TAssets under management ended at $1.66 trillion as of September 30, 2025.
  • $343.9BLong-term inflows increased 7.8% to $343.9 billion from $319 billion.
  • $930MThe company returned $930 million to shareholders through dividends and share repurchases.
  • Fiscal 2025 marked the first year of the company's five-year strategic plan.

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.