How Knavish was paid
$14.9M 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 | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| T. M. KnavishChairman and Chief Executive Officer | $1,300,000 | $7,333,542 | $3,666,690 | $1,924,000 | $317,929 | $342,861 | $14,885,022 |
| V. J. MoralesSenior Vice President and Chief Financial Officer | $845,833 | $2,266,752 | $1,133,352 | $785,000 | $325,375 | $146,507 | $5,502,819 |
| A. M. FoulkesSenior Vice President Legal and Special Projects | $683,333 | $1,066,802 | $533,334 | $534,000 | $198,610 | $117,108 | $3,133,187 |
| K. H. BergströmSenior Vice President, Global Architectural Coatings | $728,614 | $800,044 | $400,001 | $346,000 | — | $191,499 | $2,466,158 |
| K. D. BraunSenior Vice President, Operations | $587,500 | $800,044 | $400,001 | $436,000 | $97,875 | $98,620 | $2,420,040 |
What changed and why
- $14.9MChief executive officer total compensation increased to $14,885,022 in 2025 from $11,724,469 in 2024.
- 2%Organic sales grew 2% year over year in 2025 despite a challenging industrial macro environment.
- $1.9BOperating cash flow reached $1.9 billion, exceeding adjusted cash flow targets for the year.
- 59%Annual incentive awards for executive officers ranged from 59% to 93% of target based on performance.
- Total shareholder return over the prior three years resulted in no payment for long-term TSR share awards.
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.