How McDonald was paid
$5.6M 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| R. Bruce McDonaldChairman of the Board, President and Chief Executive Officer | — | — | $4,124,985 | — | $184,937 | $5,609,922 |
| Timothy R. KrausSenior Vice President and Chief Financial Officer | $800,000 | — | $2,599,997 | $1,600,000 | $104,918 | $5,104,915 |
| Byron S. FosterSenior Vice President and President, Light Vehicle Systems | $660,000 | — | $1,979,980 | $990,000 | $75,446 | $3,705,426 |
| Brian K. PourSenior Vice President and President, Commercial Vehicle Systems | $625,000 | $750,000 | $1,406,242 | $937,500 | $70,885 | $3,789,627 |
| Douglas H. LiedbergSenior Vice President, Chief Legal and Human Resources Officer and Corporate Secretary | $620,000 | — | $1,332,985 | $930,000 | $735,964 | $3,618,949 |
What changed and why
- $5.6MCEO total compensation for 2025 was $5,609,922 compared to $10,550,025 in the prior year.
- 79%At the 2025 Annual Meeting, 79% of votes cast approved the executive compensation program.
- 60%The 2026 long-term incentive plan equity mix was adjusted to 60% performance share units and 40% restricted stock units.
- Double-trigger vesting was instituted beginning in 2025 for restricted stock units and performance share units upon a change in control.
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.