MasterCraft Boat Holdings (MCFT) executive compensation, 2025 proxy

Bradley M. Nelson, CEO and Director, was paid $2.7M in 2025, up 110% from $1.3M the year before. The CEO-to-median-employee pay ratio was 49:1, on median employee pay of $55,078.

Filed
September 15, 2025
Annual meeting
October 28, 2025
Pay year
2025
Named executives
3
CEO total pay
$2.7M+110% vs prior year
CEO to median employee
49:1median $55,078
CEO pay in equity
45%$1.2M in awards
Prior say-on-pay support
97%of votes cast
CEO stock awards
$1.23MGrant-date fair value
CEO target bonus
$193,5002025 annual incentive
CEO maximum bonus
$645,0002025 annual incentive
Oxley incentive payout
$259,1162025 non-equity incentive

How Nelson was paid

$2.7M 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.

Salary24%Stock awards45%Non-equity incentive26%All other compensation4%

Named executive officers

ExecutiveTotal
Bradley M. NelsonCEO and Director$2,701,502
Timothy M. OxleyFormer Chief Financial Officer, Treasurer and Secretary$1,060,954
George SteinbargerFormer President, Pontoon Group$522,719

What changed and why

  • $2.7M$2,701,502 was CEO total compensation in 2025, compared with $1,286,797 in 2024.
  • $710K$709,500 was the CEO’s annual non-equity incentive payout for 2025.
  • $102K$102,497 of the CEO’s other compensation covered relocation expenses and temporary housing.
  • Cumulative adjusted EPS, relative TSR, and divisional free cash flow were key performance metrics.
  • $103K$102,500 in severance was included in George Steinbarger’s 2025 other compensation.
  • 96.9%96.9% of votes supported say-on-pay at the 2024 annual meeting.

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.