How Gottwald was paid
$3.7M 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 | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Thomas E. GottwaldPresident and Chief Executive Officer | $1,275,333 | $368,188 | $750,000 | $1,207,391 | $93,767 | $3,694,678 |
| Timothy K. FitzgeraldVice President and Chief Financial Officer | $400,000 | $167,358 | $350,000 | $73,565 | $21,000 | $1,011,923 |
| Brian D. PaliottiPresident of Afton Chemical Corporation | $620,000 | $368,188 | $600,000 | $193,923 | $32,000 | $1,814,110 |
| Bruce R. Hazelgrove, IIIExecutive Vice President and Chief Administrative Officer | $579,000 | $368,188 | $590,000 | $385,102 | $28,950 | $1,951,240 |
| Bryce D. Jewett, IIIExecutive Vice President and General Counsel | $525,000 | $368,188 | $590,000 | $90,066 | $27,250 | $1,600,503 |
What changed and why
- $3.7MThomas E. Gottwald received total compensation of $3,694,678 for fiscal 2025, representing an increase from the prior year.
- 99.1%Shareholders approved the executive compensation program by 99.1% of votes cast at the prior annual meeting.
- The compensation committee did not make specific changes to the executive compensation program in response to the advisory vote.
- Performance stock awards granted in 2025 vest upon the achievement of specified earnings per share levels in the 2029 fiscal year.
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.