How Menneto was paid
$4.2M 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 | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| Steven D. MennetoPresident and Chief Executive Officer | $813,846 | $506,000 | $2,886,855 | — | $4,206,701 |
| Ritchie L. AndersonFormer President and Former Member of Office of CEO | $391,325 | — | $1,049,488 | $472,615 | $1,913,428 |
| Bruce W. BeckmanChief Financial Officer | $478,462 | $100,000 | $550,967 | $4,265 | $1,133,694 |
| Michael K. HooksFormer Executive Chair and Former Member of Office of CEO | $56,452 | $11,290 | — | — | $67,742 |
What changed and why
- 4,206,701 was CEO Steven D. Menneto’s total compensation for fiscal 2025.
- 506,000 was Menneto’s bonus, while no fiscal 2025 annual cash incentive payments were made.
- 60%60% of November 2024 long-term equity awards were performance-based restricted shares.
- 50%50% of performance-based shares used three-year relative TSR against the Russell 2000 Index.
- 50%50% of annual incentive opportunities depended on net income and 50% on Adjusted EBITDA.
- 97%97% or more of votes cast supported say-on-pay at each annual meeting since 2020.
Other Malibu Boats proxy statements
- 2026 proxy statement
Steven D. Menneto paid $4.6M (+8% on the year), pay ratio 82:1.
Filed Sep 21, 2026
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.