Spire (SR) executive compensation, 2025 proxy

Scott E. Doyle, President and Chief Executive Officer, was paid $3.3M in fiscal 2025, up 81% from $1.8M the year before. The CEO-to-median-employee pay ratio was 32:1, on median employee pay of $107,562.

Filed
December 16, 2025
Annual meeting
January 29, 2026
Pay year
fiscal 2025
Named executives
7
CEO total pay
$3.3M+81% vs prior year
CEO to median employee
32:1median $107,562
CEO pay in equity
55%$1.8M in awards
Basic adjusted EPS
$4.45Up from $4.14 for FY24
Diluted adjusted EPS
$4.44Up from $4.13 for FY24
GAAP net income
$271.7MUp from $250.9 million for FY24
Adjusted earnings
$275.5MUp from $247.4 million for FY24
CEO to median employee pay ratio
32:1Based on annualized CEO pay

How Doyle was paid

$3.3M 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.

Salary21%Stock awards55%Non-equity incentive20%Pension and deferred comp3%All other compensation2%

Named executive officers

ExecutiveTotal
Scott E. DoylePresident and Chief Executive Officer$3,328,340
Adam W. WoodardExecutive Vice President, Chief Financial Officer$1,067,559
Matthew J. AplingtonSenior Vice President, Chief Legal Officer$978,437
Ryan L. HymanSenior Vice President, Chief Customer and Information Officer$895,283
Stephen M. MillsSenior Vice President, President, Spire Missouri$811,993
Steven L. LindseyFormer President and Chief Executive Officer$5,066,799
Steven P. RascheFormer Executive Vice President, Chief Financial Officer$1,320,427

What changed and why

  • Scott E. Doyle became president and chief executive officer effective April 24, 2025.
  • $271.7MConsolidated net income reached $271.7 million compared to $250.9 million in fiscal 2024.
  • $275.5MAdjusted earnings for fiscal year 2025 were $275.5 million or $4.44 per diluted adjusted share.
  • $3.30The annual dividend increased for the twenty-third consecutive year to $3.30 per common share.
  • Steven L. Lindsey stepped down as president and chief executive officer on April 24, 2025.

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.