Donaldson (DCI) executive compensation, 2026 proxy

Richard B. Lewis, President and Chief Executive Officer, was paid $5.2M in fiscal 2026, up 143% from $2.1M the year before. The CEO-to-median-employee pay ratio was 135:1, on median employee pay of $50,617.

Filed
October 6, 2026
Annual meeting
November 20, 2026
Pay year
fiscal 2026
Named executives
7
CEO total pay
$5.2M+143% vs prior year
CEO to median employee
135:1median $50,617
CEO pay in equity
60%$3.1M in awards
CEO annualized compensation
$6,855,992Used in pay-ratio calculation
Additional Lewis PSU grant
$469,028Granted upon CEO appointment
Additional Lewis option grant
$471,038Granted upon CEO appointment
Pogalz other compensation
$702,328Expatriate benefits and taxes
Briseño incentive payout
$383,955Retirement-contract payout

How Lewis was paid

$5.2M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary17%Stock awards30%Option awards30%Non-equity incentive21%Pension and deferred comp0%All other compensation1%

Named executive officers

ExecutiveTotal
Tod E. CarpenterExecutive Chairman$8,871,239
Richard B. LewisPresident and Chief Executive Officer$5,195,987
Bradley J. PogalzChief Financial Officer$2,984,573
Bart DriesenPresident, Mobile Solutions$2,107,259
Guillermo BriseñoFormer President, Industrial Solutions$2,034,729
Amy C. BeckerChief Legal Officer and Corporate Secretary$1,928,709
Andrew C. DahlgrenFormer President, Mobile Solutions$2,443,146

What changed and why

  • 135:1 was the fiscal 2026 CEO-to-median employee pay ratio.
  • $5.2M$5,195,987 was Mr. Lewis’s fiscal 2026 total compensation after becoming CEO on March 2, 2026.
  • $469K$469,028 in additional PSU value and $471,038 in options followed Mr. Lewis’s CEO appointment.
  • $702K$702,328 of Mr. Pogalz’s other compensation covered expatriate benefits and related tax payments.
  • 200%200% was the maximum payout level for fiscal 2026–2028 PSU awards.
  • $384K$383,955 was Mr. Briseño’s retirement-contract annual incentive payout included in other compensation.

Other Donaldson proxy statements

  • 2025 proxy statement

    Tod E. Carpenter paid $8.3M (+6% on the year), pay ratio 140:1.

    Filed Oct 06, 2025

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.