How Shaffer was paid
$8.5M in total for fiscal Year 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| David M. ShafferPresident & CEO | $1,070,000 | $2,850,000 | $2,850,000 | $1,664,385 | $42,011 | $8,476,396 |
| Andrea J. FunkExecutive Vice President and CFO | $600,000 | $700,000 | $700,000 | $922,433 | $31,775 | $2,954,208 |
| Shawn O’ConnellPresident & COO | $700,000 | $700,000 | $700,000 | $630,756 | $40,930 | $2,771,686 |
| Chad UplingerPresident, Motive Power Global | $411,315 | $500,000 | $500,000 | $375,863 | $32,929 | $1,820,107 |
| Keith FisherPresident, Energy Systems Global | $145,002 | $1,750,000 | $500,000 | $129,234 | $253,750 | $2,777,986 |
| Joern TinnemeyerFormer Senior Vice President and CTO | $500,000 | $500,000 | $500,000 | $440,990 | $23,742 | $1,964,732 |
What changed and why
- $8.5M$8,476,396 CEO total compensation increased from $7,931,249 in fiscal 2024.
- $5.7M$5,700,000 CEO stock and option awards comprised the largest compensation components.
- $250K$250,000 of Keith Fisher’s all-other compensation was a sign-on bonus.
- 95.2%95.2% of votes cast approved the 2024 advisory executive compensation resolution.
- No discretionary bonuses or defined benefit pension arrangements were maintained.
- Shawn O’Connell’s change-in-control severance multiple increased to two times base compensation plus target bonus.
Other EnerSys proxy statements
- 2026 proxy statement
Shawn O’Connell paid $7.1M (+157% on the year), pay ratio 121:1.
Filed Jul 02, 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.