How Pemble was paid
$7.7M 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 | Other | Total |
|---|---|---|---|---|---|
| Clifton A. PemblePresident & Chief Executive Officer | $1,400,000 | $358 | $6,300,085 | $43,911 | $7,744,354 |
| Douglas G. BoessenChief Financial Officer & Treasurer | $800,577 | $358 | $1,699,877 | $43,911 | $2,544,723 |
| Philip I. StraubExecutive Vice President, Managing Director-Aviation | $850,577 | $358 | $1,825,335 | $41,098 | $2,717,368 |
| Patrick G. Desboisco-Chief Operating Officer | $900,577 | $358 | $2,150,002 | $41,098 | $3,092,035 |
| Bradley C. Trenkleco-Chief Operating Officer | $601,923 | $358 | $1,750,142 | $35,473 | $2,387,896 |
What changed and why
- 94%Over 94 percent of votes cast supported the 2025 say-on-pay proposal.
- $7.7MChief executive officer Clifton A. Pemble received total compensation of $7,744,354 for 2025.
- Garmin does not pay annual cash incentives or material annual cash bonuses.
- Named executive officers receive base salaries and long-term equity compensation.
- Unvested equity awards include both time-based RSUs and performance-based PC-RSUs.
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.