How Silvernail was paid
$14.8M 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 | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Andrew K. SilvernailCEO and Chairman of the Board (Principal Executive Officer) | $1,000,000 | — | $12,174,818 | $1,318,500 | — | $345,006 | $14,838,324 |
| Lance T. LoefflerSenior Vice President and Chief Financial Officer | $637,500 | — | $6,162,766 | $560,360 | — | $266,400 | $7,627,026 |
| W. Thomas HamicExecutive Vice President and President, PS NA | $750,000 | — | $2,727,170 | $659,250 | $177,320 | $191,179 | $4,504,919 |
| Timothy S. NichollsExecutive Vice President and President, PS EMEA | $900,000 | — | $3,408,962 | $791,100 | — | $1,205,278 | $6,305,340 |
| Joseph R. SaabSenior Vice President, General Counsel and Corporate Secretary | $650,000 | — | $1,947,997 | $527,400 | $81,047 | $130,698 | $3,337,142 |
| Joy N. RomanFormer Senior Vice President, Chief People and Strategy Officer | $259,423 | $500,000 | $3,199,295 | $216,667 | — | $1,635,000 | $6,016,552 |
What changed and why
- $14.8MChief executive officer Andrew K. Silvernail received total compensation of $14,838,324 for fiscal 2025.
- 97%Shareowners approved the annual say-on-pay proposal with approximately 97 percent support in May 2025.
- The Board adopted the Executive Severance Plan to replace the previous 2005 severance policy.
- The company eliminated the individual performance modifier in the annual incentive plan.
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.