How Strazik was paid
$18M 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 | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Scott StrazikChief Executive Officer | $1,469,136 | $8,514,678 | $2,191,808 | $4,500,000 | $1,054,852 | $289,871 | $18,020,345 |
| Ken ParksChief Financial Officer | $961,150 | $2,709,341 | $697,427 | $1,805,500 | $0 | $108,955 | $6,282,373 |
| Maví ZingoniFormer CEO, Power | $1,164,540 | $1,935,342 | $498,249 | $2,223,107 | $0 | $156,517 | $5,977,755 |
| Philippe PironCEO, Electrification | $904,497 | $1,935,342 | $498,249 | $1,922,057 | $0 | $159,492 | $5,419,637 |
| Steven BaertChief People Officer | $897,124 | $2,322,686 | $597,777 | $1,766,250 | $0 | $139,605 | $5,723,442 |
| Rachel GonzalezFormer General Counsel | $362,300 | $11,644,486 | $72,583 | $522,616 | $0 | $1,377,206 | $13,979,192 |
What changed and why
- $18MScott Strazik received total compensation of $18,020,345 in 2025, representing a decrease from the prior year total of $24,326,338.
- 9%Revenue for 2025 reached $38B, reflecting a 9% increase over 2024 performance.
- 213%Net income for 2025 grew significantly to $4.9B, up 213% compared to the prior fiscal year.
- $3.7BFree cash flow reached $3.7B for the fiscal year ended December 31, 2025.
- $2The annual dividend was doubled to $2 per share, and share buyback authorization increased to $10B in December 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.