How R. was paid
$8.4M 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.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Thene, Tony R.President and Chief Executive Officer | $1,020,192 | $4,500,080 | $2,698,408 | — | $198,198 | $8,416,878 |
| Lain, TimothySr. Vice President and Chief Financial Officer | $547,958 | $1,150,056 | $1,008,243 | $21,338 | $92,923 | $2,820,517 |
| Malloy, Brian J.Sr. Vice President and Chief Operating Officer | $535,960 | $1,100,128 | $986,166 | — | $91,462 | $2,713,716 |
| Dee, James D.Sr. Vice President, General Counsel and Secretary | $498,702 | $750,062 | $688,209 | $48,785 | $83,049 | $2,068,807 |
| Akins, Marshall D.Vice President and Chief Commercial Officer | $482,364 | $850,204 | $832,078 | — | $57,707 | $2,222,353 |
What changed and why
- $8.4M$8,416,878 CEO total compensation in 2025 versus $7,323,374 in 2024.
- $105K80:1 CEO-to-median-employee pay ratio used median employee compensation of $105,263.
- 99%99% of votes cast supported the 2024 advisory say-on-pay proposal.
- 50%50% threshold and 245% maximum applied to annual bonus opportunities.
- 50%50% threshold and 200% maximum applied to three-year performance equity awards.
- Cash dividend equivalents were paid only on time-based RSUs after vesting conditions were satisfied.
Other Carpenter Technology proxy statements
- 2026 proxy statement
Tony R. Thene paid $12.4M (+47% on the year), pay ratio 116:1.
Filed Sep 11, 2026
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.