Callaway Golf (CALY) executive compensation, 2026 proxy

Oliver G. (Chip) Brewer III, President and Chief Executive Officer, was paid $14M in 2025, up 49% from $9.4M the year before. The CEO-to-median-employee pay ratio was 629:1, on median employee pay of $22,217.

Filed
April 8, 2026
Annual meeting
May 21, 2026
Pay year
2025
Named executives
5
CEO total pay
$14M+49% vs prior year
CEO to median employee
629:1median $22,217
CEO pay in equity
68%$9.5M in awards
Prior say-on-pay support
98%of votes cast
CEO Target Bonus
$1,650,000Target amount under annual incentive program
CEO Equity Compensation
70%Percentage of targeted total direct compensation
Say-on-Pay Support
98%Approval at 2025 annual meeting

How III was paid

$14M 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.

Salary8%Stock awards68%Non-equity incentive24%All other compensation0%

Named executive officers

ExecutiveTotal
Oliver G. (Chip) Brewer IIIPresident and Chief Executive Officer$13,970,138
Brian P. LynchExecutive Vice President, Chief Financial Officer and Chief Legal Officer$4,229,847
Mark F. LeposkyExecutive Vice President and Chief Supply Chain Officer$2,872,806
Glenn F. HickeyExecutive Vice President and President, Callaway Golf Sales$2,786,583
Rebecca FineFormer Executive Vice President and Chief People Officer$2,954,911

What changed and why

  • $14MChief Executive Officer total compensation increased to $13,970,138 in 2025 compared to $9,378,565 in 2024.
  • 57%Approximately 57% of the Chief Executive Officer targeted total direct compensation was performance-based and at risk.
  • 70%Approximately 70% of the Chief Executive Officer targeted total direct compensation was provided in long-term equity.
  • 98%Shareholders approved the previous say-on-pay proposal with approximately 98% support.

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.