Magnera (MAGN) executive compensation, 2026 proxy

Curtis L. Begle, CEO, was paid $9.8M in 2025. The CEO-to-median-employee pay ratio was 232:1, on median employee pay of $42,258.

Filed
January 14, 2026
Annual meeting
March 9, 2026
Pay year
2025
Named executives
5
CEO total pay
$9.8M2025
CEO to median employee
232:1median $42,258
CEO pay in equity
74%$7.3M in awards
CEO Total Compensation
$9,792,264Fiscal year 2025
CEO Pay Ratio
232:1Actual ratio
Median Employee Pay
$42,258Annual total compensation
Reported Revenue
$3,204MFiscal year 2025

How Begle was paid

$9.8M 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.

Salary9%Bonus8%Stock awards74%Non-equity incentive9%All other compensation0%

Named executive officers

ExecutiveTotal
Curtis L. BegleCEO$9,792,264
James TillCFO$2,907,605
Tarun ManroaCOO$2,492,408
David ParksPresident, Americas$1,878,411
Eileen L. BeckCHRO$1,714,430

What changed and why

  • $9.8MCurtis L. Begle received total compensation of $9,792,264 for fiscal year 2025 following the company merger.
  • Fiscal year 2025 began upon the close of the transaction on November 4, 2024 and ended September 27, 2025.
  • Executive compensation programs are organized around pay for performance, pay at risk, and shareholder alignment principles.
  • $42,258The CEO pay ratio was calculated as 232:1 compared to the median employee annual total compensation of $42,258.
  • Transaction-related retention cash bonuses were paid to selected executives following the closing of the merger.

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.