How Pinchuk was paid
$10.1M 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 |
|---|---|---|---|---|---|---|---|
| Nicholas T. PinchukChairman, President and Chief Executive Officer | $1,142,473 | $6,013,221 | $1,550,010 | $462,702 | $430,233 | $539,578 | $10,138,217 |
| Aldo J. PagliariSenior Vice President–Finance and Chief Financial Officer | $677,759 | $1,272,968 | $437,525 | $152,509 | $169,903 | $153,290 | $2,863,954 |
| Thomas J. WardSenior Vice President and President– Repair Systems & Information Group | $679,528 | $1,272,968 | $437,525 | $229,358 | $683,520 | $125,720 | $3,428,619 |
| Jesus ArreguiSenior Vice President and President– Commercial Group | $551,582 | $1,018,511 | $291,032 | $103,439 | — | $333,378 | $2,297,942 |
| Timothy L. ChambersSenior Vice President and President– Snap-on Tools Group | $551,855 | $1,018,511 | $349,971 | $103,493 | $120,791 | $110,342 | $2,254,963 |
What changed and why
- $10.1MCEO total compensation decreased to $10,138,217 in 2025 from $10,476,862 in 2024.
- 69.7%Fiscal 2023-2025 performance-based share units were earned at 69.7% of target.
- Annual incentives are tied to quantifiable operating income and return on net assets.
- Long-term equity awards consist of performance-based share units, restricted stock units, and stock options.
- The ratio of CEO to median employee annual compensation is 162 to 1.
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.