How Olsen was paid
$6.7M 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 |
|---|---|---|---|---|---|---|
| Kevin M. OlsenPresident and Chief Executive Officer | $970,192 | — | $4,206,024 | $1,522,950 | $46,617 | $6,745,783 |
| David M. HessionSenior Vice President, Chief Financial Officer and Treasurer | $531,154 | — | $616,884 | $531,790 | $24,623 | $1,704,451 |
| Joseph P. BraunSenior Vice President, General Counsel and Secretary | $483,120 | — | $616,884 | $483,800 | $23,662 | $1,607,466 |
| Eric B. LuftigPresident, Light Duty | $401,849 | — | $560,639 | $445,308 | $27,207 | $1,435,003 |
| Scott D. LeffSenior Vice President, Chief Human Resources Officer | $444,409 | — | $476,464 | $381,457 | $22,888 | $1,325,218 |
| Tayfun UnerFormer President, Light Duty | $364,615 | $325,000 | $1,228,964 | — | — | — |
| Jeffrey L. DarbySenior Vice President, Sales & Marketing | $482,749 | — | $349,910 | $533,044 | $28,825 | $1,394,528 |
What changed and why
- $6.7MChief executive officer total compensation increased to $6,745,783 in 2025 from $6,517,942 in 2024.
- $2,130.3MNet sales grew 6.0% to $2,130.3 million for the 2025 fiscal year.
- $355.2MAdjusted pre-tax income increased by 24.0% to $355.2 million during 2025.
- 97%Shareholders approved executive compensation with approximately 97% support at the prior annual meeting.
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.