Bio-Rad Laboratories (BIO) executive compensation, 2026 proxy

Norman Schwartz, Chief Executive Officer and Chairman, was paid $8M in 2025, down 4% from $8.3M the year before. The CEO-to-median-employee pay ratio was 97:1, on median employee pay of $82,784.

Filed
March 25, 2026
Annual meeting
April 21, 2026
Pay year
2025
Named executives
5
CEO total pay
$8M-4% vs prior year
CEO to median employee
97:1median $82,784
CEO pay in equity
79%$6.3M in awards
Prior say-on-pay support
96%of votes cast
CEO Stock Awards
$4,856,574Grant date fair value
CEO Option Awards
$1,458,975Grant date fair value
CEO Non-Equity Incentive
$562,088Earned under IBP
Median Employee Pay
$82,784Annual total compensation

How Schwartz was paid

$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.

Salary14%Stock awards61%Option awards18%Non-equity incentive7%All other compensation0%

Named executive officers

ExecutiveTotal
Norman SchwartzChief Executive Officer and Chairman$7,995,841
Roop K. LakkarajuExecutive Vice President, Chief Financial Officer$2,990,738
Jonathan P. DiVincenzoPresident and Chief Operating Officer$3,680,772
Rajat MehtaExecutive Vice President, Global Commercial Operations$2,680,042
James BarryExecutive Vice President, President, Life Science Group$2,611,227

What changed and why

  • $8MChief Executive Officer Norman Schwartz received total compensation of $7,995,841 in fiscal 2025.
  • The ratio of CEO compensation to median employee compensation was 97 to 1.
  • 96%Stockholders previously approved the executive compensation program with 96% support in 2023.
  • Executive compensation comprises base salary, performance-based cash bonuses, and long-term equity awards.

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.