How Kropelnicki was paid
$6.9M 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.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Martin A. KropelnickiChairman, President & Chief Executive Officer | $1,080,688 | $1,950,119 | $1,524,915 | $2,254,426 | $65,108 | $6,875,256 |
| James P. LynchSenior Vice President, Chief Financial Officer & Treasurer | $488,294 | $272,015 | $275,684 | $479,826 | $47,466 | $1,563,285 |
| Michael B. LuuSenior Vice President, Corporate Services & Chief Risk Officer | $464,787 | $272,015 | $262,373 | $276,421 | $48,300 | $1,323,896 |
| Shawn C. BuntingSenior Vice President, General Counsel & Business Development | $434,324 | $272,015 | $245,171 | $244,878 | $58,698 | $1,255,086 |
| Shannon C. DeanSenior Vice President, Customer Service & Chief Sustainability Officer | $346,646 | $272,015 | $195,708 | $625,723 | $47,358 | $1,487,450 |
What changed and why
- $6.9MMartin A. Kropelnicki earned a total compensation of $6,875,256 in 2025, compared to $4,803,389 in 2024.
- 67%Stockholder support for the say-on-pay advisory vote declined to 67% at the 2025 annual meeting.
- Total shareholder return and adjusted return on equity were added to the long-term performance plan.
- $517MThe company invested a record $517 million in water system infrastructure during 2025.
- 141%Short-term performance metrics achieved 141% of target for the annual incentive plan.
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.