How III was paid
$9.3M 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 | Other | Total |
|---|---|---|---|---|---|---|---|
| Eugene J. Lowe, IIIPresident and Chief Executive Officer | $1,138,116 | — | $4,619,805 | $1,318,221 | $2,072,966 | $189,705 | $9,338,813 |
| Mark A. CaranoVice President, Chief Financial Officer and Treasurer | $554,656 | — | $742,461 | $211,856 | $690,470 | $60,601 | $2,260,044 |
| Sean McClenaghanSegment President, HVAC | $638,510 | — | $907,461 | $258,942 | $631,371 | $97,676 | $2,533,960 |
| John W. Swann, IIISegment President, Detection & Measurement | $626,771 | — | $688,723 | $196,548 | $842,694 | $108,907 | $2,463,643 |
| J. Randall DataFormer President, Global Operations and Data Center Solutions | $563,997 | $400,000 | — | — | $688,765 | $62,180 | $1,714,942 |
What changed and why
- $9.3MCEO total compensation was $9,338,813 in 2025 compared to $9,305,169 in 2024.
- 14.2%Revenue increased 14.2% and income from continuing operations increased 21.7% in 2025.
- 80%Greater than 80% of CEO pay and greater than 65% of other NEO pay is at risk.
- 95%At the 2025 annual meeting, approximately 95% of votes cast approved executive compensation.
- 150.0%Performance share awards for 2023-2025 achieved the 89th percentile relative TSR resulting in a 150.0% payout.
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.