How Marx was paid
$11.7M in total for fiscal 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Gerrit MarxCEO | $1,250,000 | $468,518 | $8,147,756 | $1,509,400 | $349,093 | $11,724,767 |
| James NickolasCFO | $574,327 | — | $10,295,719 | $730,500 | $733,672 | $12,334,218 |
| Stefano PampaloneCCO | $679,232 | — | $1,397,811 | $438,224 | $594,831 | $3,110,098 |
| Francesco TutinoCHRO | $361,600 | — | $2,725,798 | $393,014 | $53,159 | $3,533,571 |
| Jay SchroederCTO | $543,975 | — | $1,253,308 | $297,200 | $76,735 | $2,171,218 |
| Oddone IncisaFormer CFO | $308,490 | — | — | — | $5,087,291 | $5,395,781 |
What changed and why
- $11.7MGerrit Marx total compensation was $11,724,767 in fiscal 2025.
- 80.5%Named executive officers earned annual cash bonuses equal to 80.5% of target opportunity.
- 96.15%Say-on-pay received 96.15% approval at the previous annual meeting.
- Performance metrics included Adjusted Diluted EPS and Industrial ROIC.
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.