Itron (ITRI) executive compensation, 2026 proxy

Thomas L. Deitrich, President and CEO, was paid $11.2M in 2025, up 19% from $9.4M the year before. The CEO-to-median-employee pay ratio was 155:1, on median employee pay of $72,460.

Filed
March 23, 2026
Annual meeting
May 7, 2026
Pay year
2025
Named executives
5
CEO total pay
$11.2M+19% vs prior year
CEO to median employee
155:1median $72,460
CEO pay in equity
79%$8.9M in awards
CEO Salary
$1,000,000For fiscal 2025
CEO Stock Awards
$8,900,720Grant date fair value
Median Employee Pay
$72,460Annual total compensation
CEO Pay Ratio
155:1Ratio to median employee

How Deitrich was paid

$11.2M 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.

Salary9%Bonus0%Stock awards79%Non-equity incentive12%All other compensation0%

Named executive officers

ExecutiveTotal
Thomas L. DeitrichPresident and CEO$11,208,405
Joan S. HooperSenior Vice President and CFO$3,631,880
Donald L. ReevesSenior Vice President, Outcomes$2,300,994
John F. MarcoliniSenior Vice President, Networked Solutions$2,297,630
Justin K. PatrickSenior Vice President, Device Solutions$2,162,067

What changed and why

  • $11.2MThomas L. Deitrich received total compensation of $11,208,405 for fiscal 2025.
  • $9.4MCEO total compensation increased from $9,395,744 in the prior year.
  • The ratio of CEO to median employee annual total compensation was 155 to 1.
  • $72,460Median employee annual total compensation was $72,460.

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.