How Rojo was paid
$4.3M 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 | Bonus | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|---|
| Luis E. RojoPresident and Chief Executive Officer | $940,000 | — | $2,279,746 | $800,003 | $230,300 | — | $76,993 | $4,327,042 |
| Ruben VelasquezVice President and Chief Financial Officer | $220,543 | — | $290,639 | $99,995 | $41,022 | — | $63,443 | $715,642 |
| Robert J. Haire, Jr.Executive Vice President, Supply Chain | $484,231 | $150,000 | $450,027 | $149,990 | $88,977 | — | $33,939 | $1,357,164 |
| Sean T. MoriartyVice President and General Manager – Surfactants | $486,336 | — | $450,027 | $149,990 | $72,221 | $12,878 | $49,965 | $1,221,417 |
| Richard StepanVice President and General Manager – Polymers | $385,121 | — | $337,491 | $112,508 | $86,074 | — | $42,147 | $963,341 |
| Samuel S. HinrichsenFormer Interim Chief Financial Officer | $270,109 | — | $93,741 | $31,249 | — | — | $17,491 | $412,590 |
What changed and why
- $4.3MCEO Luis E. Rojo received total compensation of $4,327,042 in 2025, representing an increase from $2,981,107 in 2024.
- $46.9MNet income for 2025 was $46.9 million, down 7% compared to $50.4 million in the prior year.
- 96%The advisory Say-on-Pay vote at the 2025 Annual Meeting received 96% support from stockholders.
- $35.0MThe Company increased its common stock dividend for the 58th consecutive year, paying $35.0 million in 2025.
- The Human Capital and Compensation Committee implemented changes to short-term incentive program metrics for 2025.
- A severance plan was adopted during 2025 to align with evolving market practices and governance expectations.
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.