How Donnelly was paid
$21.2M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|---|---|
| Scott C. DonnellyChairman, President and Chief Executive Officer | $1,530,577 | $0 | $10,588,942 | $3,463,119 | $3,246,000 | $2,191,758 | $145,160 | $21,165,556 |
| David M. RosenbergExecutive Vice President and Chief Financial Officer | $805,769 | $0 | $1,562,604 | $511,050 | $1,093,000 | $0 | $81,119 | $4,053,542 |
| E. Robert LuponeExecutive Vice President, General Counsel and Secretary | $1,028,846 | $0 | $1,470,687 | $481,007 | $965,000 | $0 | $111,916 | $4,057,456 |
| Julie G. DuffyExecutive Vice President and Chief Human Resources Officer | $821,154 | $0 | $1,029,480 | $336,709 | $772,000 | $837,944 | $48,058 | $3,845,345 |
| Frank T. ConnorExecutive Vice President and Chief Financial Officer (Retired) | $230,769 | $769,231 | $0 | $0 | $0 | $0 | $57,000 | $1,057,000 |
What changed and why
- $21.2MScott C. Donnelly received total compensation of $21,165,556 for fiscal 2025, an increase from $19,643,978 in fiscal 2024.
- 92.0%Approximately 92.0% of shareholders approved the advisory say-on-pay vote at the 2025 Annual Meeting.
- Lisa M. Atherton succeeded Scott C. Donnelly as President and Chief Executive Officer in January 2026.
- David M. Rosenberg became Executive Vice President and Chief Financial Officer on March 1, 2025.
- Frank T. Connor retired as Executive Vice President and Chief Financial Officer and received a special cash bonus.
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.