How DeGaynor was paid
$5.7M 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.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Jonathan DeGaynorPresident and Chief Executive Officer | $788,462 | — | $3,943,982 | $750,270 | $256,505 | $5,739,219 |
| Laura KowalchikChief Financial Officer | $343,846 | $390,000 | $1,585,091 | $342,000 | $52,670 | $2,713,607 |
| Lars UllrichSenior Vice President, Global Automotive Business | $191,827 | $155,000 | $588,013 | $123,258 | $10,586 | $1,068,684 |
| John ErwinChief Procurement and EHS Officer | $276,250 | — | $439,306 | $149,446 | $78,597 | $943,599 |
| Kerry VyverbergGeneral Counsel | $443,911 | — | $249,102 | $18,087 | — | $711,100 |
| Kevin Nystromformer Interim Chief Executive Officer | $718,609 | — | — | — | — | $718,609 |
| Avinash Avulaformer President and Chief Executive Officer | $9,231 | — | $668,135 | — | — | $677,366 |
| David Rawdenformer Interim Chief Financial Officer | $1,195,028 | — | — | — | — | $1,195,028 |
What changed and why
- $5.7M$5,739,219 CEO total compensation included $3,943,982 in stock awards and $750,270 in incentive compensation.
- 125%125% CEO target bonus was paired with a $4,000,000 annual long-term incentive award.
- 2025 brought the appointment of a fourth CEO within 12 months, with Jonathan DeGaynor starting July 15, 2024.
- 50%$500,000 CEO sign-on restricted stock unit award vested 50% on each of the first two anniversaries.
- $11,656492:1 CEO-to-median-employee pay ratio reflected median employee compensation of $11,656.
- 96%96% of votes supported the prior say-on-pay proposal at the 2024 annual meeting.
Other Methode Electronics proxy statements
- 2026 proxy statement
Jonathan DeGaynor paid $8.1M (+41% on the year), pay ratio 678:1.
Filed Jul 31, 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.