How Smurfit was paid
$16.4M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Anthony SmurfitPresident & Group Chief Executive Officer | $1,565,194 | — | $11,653,645 | $2,998,208 | $212,642 | $16,429,689 |
| Ken BowlesExecutive Vice President & Group Chief Financial Officer | $991,295 | $1,281,508 | $3,366,578 | $1,356,339 | $170,275 | $7,165,995 |
| Laurent SellierPresident & Chief Executive Officer, North America (including Mexico) | $900,000 | $897,000 | $3,366,578 | $734,738 | $191,848 | $6,090,164 |
| Saverio MayerPresident & Chief Executive Officer, Europe, MEA & APAC | $860,856 | $770,892 | $2,848,659 | $681,410 | $41,582 | $5,203,399 |
| Ben GarrenExecutive Vice President & Group General Counsel | $675,000 | — | $1,346,650 | $554,141 | $84,060 | $2,659,851 |
What changed and why
- $16.4MCEO total compensation decreased to $16,429,689 in 2025 compared to $21,329,257 in 2024.
- 75%Long-term equity incentive awards were allocated 75% to PSUs and 25% to RSUs.
- 95%Shareholders showed strong support with over 95% of votes cast in favor of say-on-pay.
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.