How Dennison was paid
$8.2M in total for fiscal 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 | Other | Total |
|---|---|---|---|---|
| Michael C. DennisonCEO and President | $1,029,192 | $450,625 | $67,456 | $8,234,801 |
| Dennis C. SchemmCFO | $629,031 | $224,241 | $68,045 | $2,756,867 |
| Brendan R. EnickCAO and Treasurer | $405,381 | $85,007 | $61,488 | $1,104,893 |
| Toby D. MerchantCLO, Chief Compliance Officer and Secretary | $498,923 | $136,094 | $68,335 | $1,878,397 |
What changed and why
- $8.2MCEO total compensation increased to $8,234,801 in fiscal year 2025.
- $25MPhase 1 of the profit optimization plan achieved approximately $25 million in cost savings.
- Net loss for fiscal year 2025 was $(544.7) million due to impairment and restructuring charges.
- 67%Say-on-pay received approximately 67% stockholder 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.