How Pferdehirt was paid
$17.8M 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 | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Douglas J. PferdehirtChair and CEO | $1,450,000 | $12,361,640 | $3,501,750 | — | $502,798 | $17,816,188 |
| Alf MelinChief Financial Officer | $750,000 | $2,443,470 | $1,207,500 | $61,617 | $117,127 | $4,579,714 |
| Justin RounceExecutive Vice President and Chief Technology Officer | $675,000 | $2,199,146 | $1,086,750 | — | $118,751 | $4,079,647 |
| Jonathan LandesPresident, Subsea | $590,000 | $1,922,203 | $949,900 | — | $117,765 | $3,579,868 |
| Thierry ContiPresident, Surface Technologies | $480,000 | $781,882 | $772,800 | — | $430,412 | $2,465,094 |
What changed and why
- $17.8MCEO total compensation increased to $17,816,188 in fiscal year 2025 compared to $16,548,588 in the prior year.
- 98%Shareholders showed strong support with 98% approval for the say-on-pay proposal at the 2025 annual meeting.
- The executive compensation program relies on performance measures aligned with strategy and shareholder interests.
- A Value Creation Plan was implemented to reinforce commitment to long-term value creation and leadership continuity.
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.