Chemed (CHE) executive compensation, 2026 proxy

K.J. McNamara, President and CEO, was paid $12.9M in 2025, up 1% from $12.8M the year before. The CEO-to-median-employee pay ratio was 209:1, on median employee pay of $61,813.

Filed
April 6, 2026
Annual meeting
May 18, 2026
Pay year
2025
Named executives
6
CEO total pay
$12.9M+1% vs prior year
CEO to median employee
209:1median $61,813
CEO pay in equity
61%$7.9M in awards
Prior say-on-pay support
89%of votes cast
CEO Total Compensation
$12,904,720Fiscal 2025 total
Prior Say On Pay Support
88.63%2025 advisory vote
CEO Performance Pay Mix
72.9%Proportion of total compensation

How McNamara was paid

$12.9M 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 awards22%Option awards39%Non-equity incentive12%Pension and deferred comp1%All other compensation12%

Named executive officers

ExecutiveTotal
K.J. McNamaraPresident and CEO$12,904,720
M.D. WitzemanExecutive Vice President, CFO and Controller$3,714,742
S.S. LeeExecutive Vice President$3,208,764
J.L. WherleyVitas President and Chief Executive Officer$3,049,989
B.C. JudkinsVice President, Secretary and Chief Legal Officer$2,658,997
N.M. WestfallFormer Executive Vice President$4,294,862

What changed and why

  • 88.63%88.63% of stockholders voted in favor of the 2025 say-on-pay proposal.
  • $12.9MK.J. McNamara received total compensation of $12,904,720 in fiscal 2025.
  • Nicholas M. Westfall resigned as Executive Vice President as of December 1, 2025.
  • 72.9%Performance-based compensation represented approximately 72.9% of the CEO's total compensation for 2025.
  • Compensation Strategies, Inc. served as the independent compensation consultant to the Compensation Committee.

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.