How Phillips was paid
$4M in total for fiscal 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 | Other | Total |
|---|---|---|---|---|---|
| Richard D. PhillipsChief Executive Officer | $873,654 | $2,883,070 | $178,225 | $47,652 | $3,982,601 |
| Jana T. CroomChief Financial Officer | $464,192 | $1,017,548 | $71,021 | $15,496 | $1,568,257 |
| Steven T. KornChief Operating Officer | $491,558 | $1,081,147 | $65,181 | $10,764 | $1,648,650 |
| Kathy R. ThomsonChief Commercial Officer | $403,923 | $675,713 | $41,200 | $12,136 | $1,132,972 |
| Douglas A. HassChief Legal & Administrative Officer, Secretary | $368,385 | $508,785 | $37,575 | $13,096 | $927,841 |
What changed and why
- 2.9%2.9% CEO base-salary increase raised his approved fiscal 2025 base salary to $875,000.
- $2.88M$2.88 million in CEO stock awards reflected targeted performance-share and restricted-share grant-date values.
- 200%200% of target was the maximum short-term incentive payout, subject to a possible ±5% ESG modifier.
- Economic profit and relative total shareholder return were performance metrics for fiscal 2025 equity awards.
- 97%97% of votes supported the prior say-on-pay proposal, and no changes were made solely because of that vote.
- $13,225301:1 was the CEO-to-median-employee pay ratio, based on median employee compensation of $13,225.
Other Kimball Electronics proxy statements
- 2026 proxy statement
Richard D. Phillips paid $6.1M (+53% on the year), pay ratio 399:1.
Filed Sep 30, 2026
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.