Kewaunee Scientific (KEQU) executive compensation, 2025 proxy

Thomas D. Hull III, President and Chief Executive Officer, was paid $2M in 2025, down 4% from $2.1M the year before.

Filed
July 7, 2025
Annual meeting
August 27, 2025
Pay year
2025
Named executives
3
CEO total pay
$2M-4% vs prior year
CEO pay in equity
47%$964,520 in awards
CEO stock awards
$964,520
CEO bonus target
75%Of base salary
CEO bonus maximum
165%At 200% target
Performance-based awards
60%At target achievement
Gardner retention bonus
$150,000Subject to forfeiture
Batdorff bonus target
35%Of base salary

How III was paid

$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.

Salary24%Stock awards47%Non-equity incentive27%All other compensation2%

Named executive officers

ExecutiveTotal
Thomas D. Hull IIIPresident and Chief Executive Officer$2,033,939
Donald T. Gardner IIIVice President Finance and Chief Financial Officer$1,168,974
Douglas BatdorffVice President of Manufacturing Operations$636,382

What changed and why

  • $2M2025 CEO total compensation was $2,033,939, down from $2,120,403 in 2024.
  • 75%75% of CEO salary was the annual bonus target, rising to 165% at maximum performance.
  • 40%40% of 2025 long-term awards were time-based RSUs and 60% were performance-based at target.
  • EBITDA targets formed the financial component of annual and long-term incentive performance goals.
  • All named executive officers earned fiscal 2025 cash bonuses after financial and non-financial goals were achieved.
  • $150KGardner received a $150,000 retention bonus subject to forfeiture through June 26, 2027.

Other Kewaunee Scientific proxy statements

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.