How Sotomayor was paid
$14.7M 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 |
|---|---|---|---|---|---|---|
| Rafael SotomayorExecutive Director, President and Chief Executive Officer | $770,795 | $13,383,486 | $549,780 | — | $31,958 | $14,736,019 |
| William BetzExecutive Vice President, Chief Financial Officer | $667,644 | $3,961,484 | $210,980 | — | $27,464 | $4,867,572 |
| Christopher JensenExecutive Vice President and Chief People Officer | $550,082 | $3,533,319 | $137,984 | — | $21,050 | $4,242,435 |
| Andrew MicallefExecutive Vice President and Chief Operations and Manufacturing Officer | $570,082 | $3,533,319 | $142,912 | — | $46,144 | $4,292,457 |
| Jennifer WuamettExecutive Vice President, General Counsel and Chief Sustainability Officer | $600,082 | $3,212,282 | $150,304 | — | $21,050 | $3,983,719 |
| Kurt SieversFormer Executive Director, President and Chief Executive Officer | $1,363,718 | — | $714,043 | $1,006,223 | $292,179 | $3,376,163 |
What changed and why
- $14.7MRafael Sotomayor served as CEO with total compensation of $14,736,019 for fiscal 2025.
- 30.8%Annual incentive plan payouts for named executive officers represented 30.8% of target.
- $3.4MKurt Sievers transitioned to former CEO, receiving total compensation of $3,376,163.
- 94%Shareholder advisory vote on executive compensation received approximately 94% support.
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.