Kimball Electronics (KE) executive compensation, 2026 proxy

Richard D. Phillips, Chief Executive Officer, was paid $6.1M in fiscal 2026, up 53% from $4M the year before. The CEO-to-median-employee pay ratio was 399:1, on median employee pay of $15,257.

Filed
September 30, 2026
Annual meeting
November 13, 2026
Pay year
fiscal 2026
Named executives
5
CEO total pay
$6.1M+53% vs prior year
CEO to median employee
399:1median $15,257
CEO pay in equity
68%$4.1M in awards
Prior say-on-pay support
98%of votes cast
CEO stock awards
$4,142,940Targeted grant-date value
CEO incentive payout
$993,403Fiscal 2026 cash incentive
CEO base salary
$917,500Approved fiscal 2026 salary
Maximum incentive payout
200% of targetSubject to performance thresholds

How Phillips was paid

$6.1M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary15%Stock awards68%Non-equity incentive16%All other compensation0%

Named executive officers

ExecutiveTotal
Richard D. PhillipsChief Executive Officer$6,080,030
Jana T. CroomChief Financial Officer$2,323,765
Steven T. KornChief Operating Officer$2,311,889
Kathy R. ThomsonChief Commercial Officer$1,596,405
Douglas A. HassChief Legal & Administrative Officer, Secretary$1,778,493

What changed and why

  • $6.1M$6,080,030 CEO total compensation compared with $3,982,601 in fiscal 2025.
  • 399:1 CEO-to-median-employee pay ratio reflected the Company’s global manufacturing workforce.
  • 20.3%20.3% base-salary increase for Douglas Hass followed expanded information technology responsibilities.
  • $4.1M$4,142,940 in CEO stock awards represented targeted performance-share and restricted-share grant-date values.
  • 200%200% of target was the maximum annual cash incentive payout, subject to performance thresholds.
  • 98%98% of votes cast supported the prior say-on-pay proposal.

Other Kimball Electronics proxy statements

  • 2025 proxy statement

    Richard D. Phillips paid $4M (-13% on the year), pay ratio 301:1.

    Filed Sep 25, 2025

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.