Key Tronic (KTCC) executive compensation, 2025 proxy

Brett R. Larsen, President & Chief Executive Officer, was paid $1.1M in fiscal 2025, up 72% from $612,886 the year before.

Filed
September 17, 2025
Annual meeting
October 23, 2025
Pay year
fiscal 2025
Named executives
3
CEO total pay
$1.1M+72% vs prior year
CEO pay in equity
24%$249,994 in awards
CEO stock awards
$249,994Restricted stock units
Voorhees total compensation
$515,092
Hochberg total compensation
$564,371
CEO RSUs performance-based
60%
Other executives’ RSUs performance-based
50%
CEO target annual incentive
$200,000Fiscal 2025

How Larsen was paid

$1.1M 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.

Salary75%Bonus0%Stock awards24%All other compensation1%

Named executive officers

ExecutiveTotal
Brett R. LarsenPresident & Chief Executive Officer$1,056,612
Anthony G. VoorheesExecutive Vice President of Administration, Chief Financial Officer and Treasurer$515,092
Philip S. HochbergExecutive Vice President of Customer Relations and Integration$564,371

What changed and why

  • $1.1M2025 CEO total compensation was $1,056,612, including $790,770 salary and $249,994 stock awards.
  • 10%10% temporary salary reduction for executive leadership began May 18, 2025, and did not affect incentives or benefits.
  • 2025 RSUs replaced stock appreciation rights as the executives’ long-term equity incentive.
  • 60%60% of the CEO’s RSUs were performance-based, compared with 50% for other executive officers.
  • 2025 equity incentives used annual EBITDA thresholds, three-year sales growth, and return on invested capital.

Other Key Tronic 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.