How Lippert was paid
$10.1M 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.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Jason D. LippertPresident and Chief Executive Officer | $1,195,000 | $6,221,621 | $2,345,838 | $331,402 | $10,093,861 |
| Lillian D. EtzkornExecutive Vice President and Chief Financial Officer | $630,000 | $1,215,212 | $655,225 | $94,405 | $2,594,842 |
| Ryan R. SmithGroup President - North America | $957,000 | $3,024,277 | $2,245,326 | $184,157 | $6,410,760 |
| Jamie M. SchnurGroup President - Aftermarket | $755,000 | $2,066,225 | $1,427,867 | $139,412 | $4,388,504 |
| Andrew J. NamenyeFormer Executive Vice President, Chief Legal and HR Officer | $380,288 | $1,213,308 | — | $3,759,890 | $5,353,486 |
What changed and why
- $10.1MJason D. Lippert received total compensation of $10,093,861 in 2025.
- $284MAdjusted EBIT reached $284 million, resulting in a 104.84% payout multiple.
- 70%Stockholders represented approximately 70% of outstanding shares were contacted during outreach.
- Base salaries for Messrs.
- 3.0%Lippert, Smith, and Schnur were increased by 3.0% for 2026.
- The 2026 AIP introduced gross margin and revenue growth metrics.
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.