Manitowoc (MTW) executive compensation, 2026 proxy

Aaron H. Ravenscroft, President & Chief Executive Officer, was paid $5.1M in 2025, down 2% from $5.2M the year before. The CEO-to-median-employee pay ratio was 69:1, on median employee pay of $70,834.

Filed
March 20, 2026
Annual meeting
May 5, 2026
Pay year
2025
Named executives
5
CEO total pay
$5.1M-2% vs prior year
CEO to median employee
69:1median $70,834
CEO pay in equity
63%$3.2M in awards
Prior say-on-pay support
83%of votes cast
CEO Stock Awards
$3,184,407Grant date fair value for 2025
CEO STIP Payout
$785,255Short-term incentive compensation earned
Say-on-Pay Support
83%Prior year advisory vote support
Median Employee Pay
$70,834Annual total compensation

How Ravenscroft was paid

$5.1M 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.

Salary20%Stock awards63%Non-equity incentive16%All other compensation2%

Named executive officers

ExecutiveTotal
Aaron H. RavenscroftPresident & Chief Executive Officer$5,052,437
Brian P. ReganExecutive Vice President & Chief Financial Officer$1,664,288
Leslie L. MiddletonExecutive Vice President, Americas and EU Mobile Cranes$1,543,816
Jennifer L. PetersonExecutive Vice President, General Counsel and Secretary$1,229,503
James S. CookExecutive Vice President, Human Resources$1,094,451

What changed and why

  • $5.1MAaron H. Ravenscroft received total compensation of $5,052,437 for 2025, representing a slight decrease from the prior year.
  • 83%At the 2025 annual meeting of shareholders, 83% of shares voted were cast in support of say-on-pay.
  • Stock awards for executive officers included both RSUs and performance share units subject to performance metrics.
  • $785KNon-equity incentive plan compensation for the CEO was $785,255 based on 2025 STIP performance.

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.