Universal (UVV) executive compensation, 2026 proxy

Preston D. Wigner, Chairman, President and Chief Executive Officer, was paid $3.2M in fiscal 2026, down 28% from $4.4M the year before. The CEO-to-median-employee pay ratio was 995:1, on median employee pay of $3,197.

Filed
July 1, 2026
Annual meeting
August 4, 2026
Pay year
fiscal 2026
Named executives
5
CEO total pay
$3.2M-28% vs prior year
CEO to median employee
995:1median $3,197
CEO pay in equity
58%$1.8M in awards
CEO target incentive
$828,800Fiscal 2026 annual cash target
CEO maximum stock awards
$2,276,352At 150% of target
COO stock awards
$2,663,536Largest NEO award
CEO pension value change
$262,955No above-market interest earnings
Fiscal 2026 net income
$32.6MDown from $95.0 million

How Wigner was paid

$3.2M 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.

Salary26%Stock awards58%Non-equity incentive7%Pension and deferred comp8%All other compensation1%

Named executive officers

ExecutiveTotal
Preston D. WignerChairman, President and Chief Executive Officer$3,179,995
Johan C. KronerFormer Senior Vice President and Chief Financial Officer$2,349,845
Airton L. HentschkeSenior Vice President and Chief Operating Officer$3,796,603
Catherine H. ClaiborneVice President, General Counsel, and Secretary$1,164,537
J. Patrick O’KeefeSenior Vice President, Universal Ingredients, Inc.$1,014,806

What changed and why

  • $3.2M$3,179,995 was CEO total compensation in 2026 versus $4,433,544 in 2025.
  • $1.8M$1,849,532 was the CEO’s 2026 stock-award grant-date fair value, calculated at target performance.
  • 150%150% of target was the maximum payout level for fiscal 2026 performance share awards.
  • $3,197$3,197 was median employee annual compensation, producing a reported CEO pay ratio of 995:1.
  • $41.1M$41.1 million of goodwill impairment and $1.8 million of restructuring costs affected fiscal 2026 results.
  • $1.2M$1.2 million of one-time RSUs were granted to incoming CFO Steven S. Diel for fiscal 2027.

Other Universal proxy statements

  • 2025 proxy statement

    Preston D. Wigner paid $4.4M (+185% on the year), pay ratio 1,106:1.

    Filed Jul 01, 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.