Global Water Resources (GWRS) executive compensation, 2026 proxy

Ron L. Fleming, Chairman, President, and Chief Executive Officer, was paid $819,403 in 2025, up 9% from $753,670 the year before.

Filed
March 31, 2026
Annual meeting
May 14, 2026
Pay year
2025
Named executives
3
CEO total pay
$819,403+9% vs prior year
CEO pay in equity
32%$259,252 in awards
CEO Target Incentive
100%Percentage of base salary
CFO Target Incentive
80%Percentage of base salary
COO Target Incentive
45%Percentage of base salary
Incentive Pool Achievement
81.25%2025 Incentive Program outcome
Further Adjusted EBITDA Budget
$24.3MTarget for 2025
Capital Expenditure Budget
$65.9MTarget through year-end 2025

How Fleming was paid

$819,403 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.

Salary47%Stock awards32%Non-equity incentive19%All other compensation2%

Named executive officers

ExecutiveTotal
Ron L. FlemingChairman, President, and Chief Executive Officer$819,403
Michael J. LiebmanChief Financial Officer and Corporate Secretary$610,308
Christopher D. KrygierChief Operating Officer$458,432

What changed and why

  • $819KRon L. Fleming received a total compensation of $819,403 in 2025 compared to $753,670 in 2024.
  • Base salaries for Messrs.
  • 5%Fleming, Liebman, and Krygier increased by 5 percent for 2025.
  • 81.25%Executives achieved an overall 81.25 percent payout under the 2025 Incentive Program components.
  • $23.5MActual Further Adjusted EBITDA of $23.5 million achieved a 50 percent payout scale for that component.
  • $58.6MActual capital expenditures of $58.6 million achieved 100 percent of the payout scale.

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.