How Lindsay was paid
$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.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| John W. LindsayChief Executive Officer | $1,179,909 | $5,749,957 | $1,559,016 | — | $521,917 | $9,010,799 |
| J. Kevin VannSenior Vice President and Chief Financial Officer | $594,616 | $2,029,938 | $654,540 | — | $81,167 | $3,360,261 |
| Cara M. HairSenior Vice President, Corporate Services and Chief Legal and Compliance Officer | $554,619 | $1,889,929 | $610,904 | — | $152,910 | $3,208,362 |
| John R. BellExecutive Vice President of Eastern Hemisphere Land | $487,475 | $1,394,870 | $307,066 | $18,086 | $329,268 | $2,536,765 |
| Michael P. LennoxExecutive Vice President of Western Hemisphere Land | $465,963 | $1,364,933 | $473,295 | — | $137,070 | $2,441,261 |
What changed and why
- $9MCEO total compensation decreased to $9,010,799 in fiscal 2025 compared to $9,337,610 in fiscal 2024.
- 50%Stock awards comprise 50% of target annual equity award opportunities for executives.
- 95%Say-on-pay received approximately 95% approval at the 2025 annual meeting.
- Fiscal 2025 short-term incentives were tied to pre-established financial and operational objectives.
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.