Lennox International (LII) executive compensation, 2026 proxy

Alok Maskara, President and Chief Executive Officer, was paid $8.4M in 2025, down 15% from $9.9M the year before. The CEO-to-median-employee pay ratio was 133:1, on median employee pay of $63,587.

Filed
April 8, 2026
Annual meeting
May 21, 2026
Pay year
2025
Named executives
5
CEO total pay
$8.4M-15% vs prior year
CEO to median employee
133:1median $63,587
CEO pay in equity
67%$5.7M in awards
Prior say-on-pay support
93%of votes cast
CEO Total Compensation
$8,434,155For fiscal year 2025
CEO Prior Year Total
$9,907,911For fiscal year 2024
Say-on-Pay Support
93%At 2025 annual meeting
Median Employee Pay
$63,587For fiscal year 2025

How Maskara 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.

Salary14%Stock awards53%Option awards14%Non-equity incentive16%All other compensation3%

Named executive officers

ExecutiveTotal
Alok MaskaraPresident and Chief Executive Officer$8,434,155
Michael P. QuenzerExecutive Vice President, Chief Financial Officer$2,346,069
Sarah R. MartinExecutive Vice President and President, Home Comfort Solutions$2,388,926
Joseph F. NassabExecutive Vice President and President, Building Climate Solutions$2,237,437
Daniel M. SessaExecutive Vice President, Chief Human Resources Officer$3,639,663

What changed and why

  • $8.4MAlok Maskara received $8,434,155 in total compensation for 2025, representing a decrease from the prior year.
  • 93%The advisory say-on-pay proposal at the 2025 annual meeting received approximately 93% stockholder approval.
  • Sarah Martin joined the company as Executive Vice President and President of Home Comfort Solutions in April 2025.
  • Sarah Martin received a one-time sign-on award consisting of RSUs and PSUs to replace forfeited prior compensation.
  • Gary Bedard retired from his position as Executive Vice President and President of Home Comfort Solutions in April 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.