Scotts Miracle-Gro (SMG) executive compensation, 2025 proxy

James Hagedorn, Chairman & Chief Executive Officer, was paid $12.3M in fiscal 2025, down 19% from $15.2M the year before. The CEO-to-median-employee pay ratio was 184:1, on median employee pay of $66,696.

Filed
December 17, 2025
Annual meeting
January 26, 2026
Pay year
fiscal 2025
Named executives
6
CEO total pay
$12.3M-19% vs prior year
CEO to median employee
184:1median $66,696
CEO pay in equity
48%$5.9M in awards
Prior say-on-pay support
69%of votes cast
CEO Base Salary
$1,200,000Unchanged from prior fiscal year
Say-on-Pay Support
69.3%Prior year advisory vote result
Median Employee Pay
$66,696Machine operator in the United States
CEO Pay Ratio
184:1Ratio to median employee compensation

How Hagedorn was paid

$12.3M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards25%Option awards23%Non-equity incentive31%All other compensation12%

Named executive officers

ExecutiveTotal
James HagedornChairman & Chief Executive Officer$12,299,261
Mark J. ScheiwerExecutive Vice President, Chief Financial Officer & Chief Accounting Officer$2,633,841
Nathan E. BaxterPresident & Chief Operating Officer$6,121,618
Christopher J. HagedornExecutive Vice President & Chief of Staff$3,065,101
Dimiter TodorovExecutive Vice President, Chief Legal Officer & Corporate Secretary$2,225,959
Matthew E. GarthFormer, Executive Vice President, Chief Financial Officer & Chief Administrative Officer$1,974,994

What changed and why

  • 12,299,261 dollars total CEO compensation was awarded for fiscal 2025, representing a decrease from the prior year total of 15,233,189 dollars.
  • 69.3%69.3 percent of the votes cast supported the say-on-pay proposal at the 2025 annual meeting of shareholders.
  • 3,796,815 dollars was paid to the CEO under non-equity incentive plan compensation for fiscal 2025.
  • 1,445,601 dollars in all other compensation was received by the CEO, which included 348,926 dollars for personal use of aircraft.

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.