Universal (UVV) executive compensation, 2025 proxy

Preston D. Wigner, Chairman, President and Chief Executive Officer, was paid $4.4M in fiscal 2025, up 185% from $1.6M the year before. The CEO-to-median-employee pay ratio was 1,106:1, on median employee pay of $4,009.

Filed
July 1, 2025
Annual meeting
July 1, 2025
Pay year
fiscal 2025
Named executives
6
CEO total pay
$4.4M+185% vs prior year
CEO to median employee
1,106:1median $4,009
CEO pay in equity
54%$2.4M in awards
Transition RSUs
38,130Granted to Wigner
Wigner target bonus
$564,500100% of new base salary
Wigner equity target
$1,600,000Annual long-term incentive
Freeman total compensation
$5,809,221Highest fiscal 2025 total
CEO salary increase
$800,000New annual base salary

How Wigner was paid

$4.4M 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.

Salary15%Stock awards54%Non-equity incentive25%Pension and deferred comp5%All other compensation1%

Named executive officers

ExecutiveTotal
Preston D. WignerChairman, President and Chief Executive Officer$4,433,544
Johan C. KronerSenior Vice President and Chief Financial Officer$2,173,089
Airton L. HentschkeSenior Vice President and Chief Operating Officer$3,110,141
Catherine H. ClaiborneVice President, General Counsel, and Secretary$1,434,259
J. Patrick O’KeefeSenior Vice President, Universal Global Ventures, Inc.$1,211,861
George C. Freeman, IIIFormer Chairman, President and Chief Executive Officer$5,809,221

What changed and why

  • $4.4M$4,433,544 was CEO Preston Wigner’s fiscal 2025 total compensation, up from $1,554,763 in fiscal 2024.
  • October 1, 2024 marked Wigner’s transition to chairman, president and chief executive officer.
  • $2M$1,992,674 special Transition RSU award was granted to Wigner upon becoming CEO.
  • 100%$800,000 became Wigner’s annualized base salary, with a 100% target bonus opportunity.
  • $1,106$1,106-to-1 CEO pay ratio reflected the company’s global seasonal workforce.
  • $140K$140,000 lump-sum Senior Advisor payment was provided to retiring CEO George Freeman.

Other Universal proxy statements

  • 2026 proxy statement

    Preston D. Wigner paid $3.2M (-28% on the year), pay ratio 995:1.

    Filed Jul 01, 2026

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.