Gates Industrial (GTES) executive compensation, 2026 proxy

Ivo Jurek, Chief Executive Officer, was paid $9.9M in 2025, down 1% from $10M the year before. The CEO-to-median-employee pay ratio was 241:1, on median employee pay of $41,085.

Filed
April 20, 2026
Annual meeting
June 4, 2026
Pay year
2025
Named executives
5
CEO total pay
$9.9M-1% vs prior year
CEO to median employee
241:1median $41,085
CEO pay in equity
67%$6.7M in awards
Prior say-on-pay support
98%of votes cast
CEO Stock Awards
$6,673,200Granted under 2018 Omnibus Incentive Plan
CEO Non-Equity Incentive
$1,751,525Earned under Annual Plan
Say-on-Pay Support
98%Support at 2025 AGM
CEO Ownership Guideline
6xMultiple of base salary

How Jurek was paid

$9.9M 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.

Salary12%Stock awards67%Non-equity incentive18%All other compensation3%

Named executive officers

ExecutiveTotal
Ivo JurekChief Executive Officer$9,911,358
L. Brooks MallardExecutive Vice President, Chief Financial Officer$3,143,584
Cristin C. BrackenExecutive Vice President, Chief Legal Officer and Corporate Secretary$1,935,429
Gwen MontgomeryFormer Executive Vice President, Chief Human Resources Officer$4,004,191
Thomas G. PitstickSenior Vice President, President Americas$1,968,117

What changed and why

  • $9.9MCEO total compensation decreased slightly to $9,911,358 in 2025 compared to $9,962,639 in 2024.
  • 98%Over 98% of votes cast supported the say-on-pay proposal at the 2025 annual general meeting.
  • Performance-based restricted stock units represent half of the long-term equity incentive compensation for NEOs.
  • 6xStock ownership guidelines require the CEO to hold shares equal to 6x base salary.

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.