How Lehmkuhl was paid
$20M 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 |
|---|---|---|---|---|---|
| Greg LehmkuhlPresident and Chief Executive Officer | $1,200,000 | $18,294,193 | $210,000 | $260,594 | $19,964,787 |
| Robb LeMastersChief Financial Officer | $67,308 | $1,370,015 | — | — | $1,437,323 |
| Jeffrey RiveraGlobal Chief Operations Officer | $660,000 | $3,173,893 | $195,525 | $122,943 | $4,152,361 |
| Sudarsan ThattaiChief Transformation Officer | $647,500 | $3,051,339 | $111,150 | $93,809 | $3,903,798 |
| Timothy SmithChief Commercial Officer | $550,000 | $2,046,697 | $84,150 | $137,256 | $2,818,103 |
| Rob CrisciFormer Chief Financial Officer | $709,231 | $7,170,437 | $133,716 | $70,841 | $8,084,225 |
| Sean VanderelzenFormer Chief Human Resources Officer and President, Europe | $550,000 | $2,631,328 | $181,500 | $414,877 | $3,777,705 |
What changed and why
- $69.3MCEO total compensation decreased from $69,341,442 in 2024 to $19,964,787 in 2025.
- 84%Stockholders approved the 2025 say-on-pay proposal with approximately 84% support.
- 70%Short-term incentives are weighted 70% on Management Adjusted EBITDA and 30% on individual performance.
- Long-term equity incentives use AFFO per share and Same Warehouse NOI performance 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.