How Jr. was paid
$15.7M 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 | Other | Total |
|---|---|---|---|---|---|
| Earl C. (Duke) Austin, Jr.President & Chief Executive Officer | $1,406,250 | $11,050,345 | $2,710,350 | $532,739 | $15,699,684 |
| Jayshree DesaiChief Financial Officer | $861,000 | $3,249,148 | $1,220,450 | $88,658 | $5,419,256 |
| Karl StuderPresident – Electric Power | $835,340 | $2,627,480 | $1,181,563 | $293,763 | $4,938,146 |
| Gerald A. (BJ) Ducey, Jr.President – Strategic Operations | $735,000 | $1,628,591 | $931,980 | $106,388 | $3,401,959 |
| Donald C. WayneExecutive Vice President and General Counsel | $623,150 | $1,242,634 | $750,646 | $95,853 | $2,712,283 |
What changed and why
- $15.7MCEO total compensation increased slightly to $15,699,684 for fiscal year 2025.
- 93%Stockholders approved the prior year executive compensation program with approximately 93% support.
- The Compensation Committee incorporated a cumulative adjusted earnings per share metric into the 2025 long-term incentive plan.
- 215%PSUs granted in 2025 can yield up to 215% of target based on performance conditions.
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.