How Wood was paid
$5.1M 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.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Randy A. WoodPresident and Chief Executive Officer | $837,744 | $2,375,165 | $749,969 | $1,117,698 | $15,049 | $5,095,625 |
| Brian L. KetchamSenior Vice President and Chief Financial Officer | $457,171 | $514,555 | $162,474 | $397,127 | $17,965 | $1,549,292 |
| Gustavo E. ObertoPresident – Irrigation | $433,975 | $356,200 | $112,479 | $315,993 | $3,892 | $1,222,538 |
| J. Scott MarionPresident – Infrastructure | $390,102 | $356,200 | $112,479 | $286,706 | $16,601 | $1,162,088 |
What changed and why
- $5.1MRandy A. Wood received a total compensation of $5,095,625 in fiscal 2025, an increase from $3,650,302 in fiscal 2024.
- $74.1MFiscal 2025 net earnings reached a record $74.1 million, driven by disciplined execution and operational excellence.
- 40%International irrigation revenues increased by nearly 40 percent due to deliveries on a major Middle East project.
- 15%Infrastructure revenues increased by over 15 percent, supported by Road Zipper System sales and leases.
- The company achieved free cash flow generation exceeding net earnings for the third consecutive 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.