Veeco Instruments (VECO) executive compensation, 2026 proxy

William J. Miller, Chief Executive Officer, was paid $4.6M in 2025, down 33% from $6.9M the year before. The CEO-to-median-employee pay ratio was 39:1, on median employee pay of $118,039.

Filed
March 19, 2026
Annual meeting
May 7, 2026
Pay year
2025
Named executives
5
CEO total pay
$4.6M-33% vs prior year
CEO to median employee
39:1median $118,039
CEO pay in equity
85%$3.9M in awards
Prior say-on-pay support
97%of votes cast
CEO Target Bonus
$753,500Annual incentive opportunity target
CEO Stock Ownership Guideline
6xMultiple of base salary
Total Employees
1,259Employee population considered
Say-on-Pay Support
97%Prior year support

How Miller was paid

$4.6M 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.

Salary15%Stock awards85%All other compensation0%

Named executive officers

ExecutiveTotal
William J. MillerChief Executive Officer$4,624,824
John P. KiernanSVP, CFO$1,579,590
Adrian DevasahayamSVP, Product Line Mgmt.$1,102,692
Peter PorshnevSVP, Unified Engineering$1,130,568
Susan WilkersonSVP, Global Sales & Services$1,128,332

What changed and why

  • $4.6MChief executive officer total compensation decreased to $4,624,824 in 2025 from $6,866,618 in 2024.
  • No cash bonuses were earned or paid to named executive officers for performance in 2025.
  • Performance-based restricted stock units granted in 2025 are earned based on a three-year total shareholder return.
  • Stock ownership guidelines require the chief executive officer to maintain stock valued at least six times base salary.
  • The ratio of the chief executive officer total annual compensation to the median employee total annual compensation was 39.2 to 1.

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.