STERIS (STE) executive compensation, 2026 proxy

Daniel A. Carestio, President and CEO, was paid $11.5M in fiscal 2026, up 8% from $10.7M the year before. The CEO-to-median-employee pay ratio was 157:1, on median employee pay of $73,280.

Filed
June 11, 2026
Annual meeting
July 31, 2026
Pay year
fiscal 2026
Named executives
6
CEO total pay
$11.5M+8% vs prior year
CEO to median employee
157:1median $73,280
CEO pay in equity
75%$8.7M in awards
Prior say-on-pay support
90%of votes cast
CEO variable compensation
90.3%Of total CEO compensation
CEO incentive payout
$1,725,007Paid at 125.1% of target
Premium-price options
50%Of CEO variable LTIP opportunity
Restricted stock
50%Of CEO variable LTIP opportunity

How Carestio was paid

$11.5M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards38%Option awards38%Non-equity incentive15%All other compensation0%

Named executive officers

ExecutiveTotal
Daniel A. CarestioPresident and CEO$11,508,522
Karen L. BurtonSenior Vice President and Chief Financial Officer$3,192,417
Michael J. TokichSenior Financial Advisor$2,229,993
J. Adam ZangerleSenior Vice President, General Counsel, and Company Secretary$2,954,465
Cary L. MajorsSenior Vice President and President, Healthcare$2,450,424
Mary Clare FraserSenior Vice President and Chief Human Resources Officer$2,073,722

What changed and why

  • 90.3%90.3% of CEO total compensation was variable in fiscal 2026.
  • 125.1%125.1% of target annual incentive payout produced $1,725,007 for the CEO.
  • 50%50% of CEO variable LTIP opportunity was delivered as premium-price stock options.
  • 50%50% of CEO variable LTIP opportunity was delivered as restricted stock.
  • 90.14%90.14% of votes supported named executive officer compensation in the 2025 say-on-pay vote.
  • The committee continued the base salary, cash bonus, restricted stock, and stock option structure.

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.