How Hedlund was paid
$8.4M 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 | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Steven B. HedlundChairman and Chief Executive Officer | $1,050,000 | $4,326,636 | $1,375,027 | $1,301,615 | — | $341,258 | $8,394,536 |
| Gabriel BrunoExecutive Vice President, Chief Financial Officer and Treasurer | $600,000 | $1,258,697 | $399,998 | $515,491 | $468 | $136,201 | $2,910,855 |
| Jennifer I. AnsberryExecutive Vice President, General Counsel and Secretary | $530,000 | $660,654 | $209,996 | $403,950 | — | $120,095 | $1,924,695 |
| Michael J. WhiteheadExecutive Vice President, President, Americas Welding | $443,534 | $531,114 | $168,723 | $379,416 | — | $101,442 | $1,624,229 |
| Susan C. EdwardsExecutive Vice President, Chief Human Resources Officer | $485,000 | $511,251 | $162,524 | $382,672 | — | $47,914 | $1,589,361 |
What changed and why
- $4.2BNet sales increased approximately 6% to a record $4.2 billion during the fiscal year.
- 17.6%Adjusted operating income margin was maintained at a record 17.6% despite volume headwinds.
- $7.4MCEO total compensation rose from $7,356,657 in the prior year to $8,394,536.
- $661MCash flow from operations reached a near-record $661 million during the fiscal year.
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.