How Lewis was paid
$13.4M 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 |
|---|---|---|---|---|---|---|
| Karla R. LewisPresident and Chief Executive Officer | $1,325,000 | $7,653,350 | $2,072,300 | $1,889,386 | $434,353 | $13,374,389 |
| Arthur AjemyanSenior Vice President, Chief Financial Officer | $725,000 | $1,700,479 | $1,133,900 | — | $259,173 | $3,818,552 |
| Stephen P. KochExecutive Vice President, Chief Operating Officer | $795,000 | $4,251,495 | $1,243,380 | — | $285,241 | $6,575,116 |
| William A. Smith IISenior Vice President, General Counsel and Corporate Secretary | $665,000 | $1,487,919 | $1,040,060 | — | $262,182 | $3,455,161 |
What changed and why
- $14.3BNet sales reached $14.3 billion in 2025, representing an increase of 3.3% year-over-year.
- 1%Record tons sold reached 6.4 million, outperforming industry shipments which were down 1%.
- 156.4%NEOs received annual cash incentive payouts equal to 156.4% of base salary.
- 10%The Compensation Committee increased the tons sold growth metric weighting from 10% to 20%.
- 95%Stockholders previously approved say-on-pay proposals by at least 95% over the last five years.
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.