Varex Imaging (VREX) executive compensation, 2025 proxy

Sunny S. Sanyal, President and Chief Executive Officer, was paid $4.6M in 2025, down 2% from $4.7M the year before. The CEO-to-median-employee pay ratio was 76:1, on median employee pay of $61,090.

Filed
December 29, 2025
Annual meeting
February 12, 2026
Pay year
2025
Named executives
5
CEO total pay
$4.6M-2% vs prior year
CEO to median employee
76:1median $61,090
CEO pay in equity
57%$2.7M in awards
Prior say-on-pay support
97%of votes cast
Revenue Growth
4%Increased to $845 million
CEO At-Risk Pay
81%Of target total direct compensation
Say-on-Pay Support
97%At prior annual meeting
Net Leverage
1.8xAdjusted trailing-twelve months EBITDA

How Sanyal 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.

Salary18%Stock awards57%Non-equity incentive24%All other compensation1%

Named executive officers

ExecutiveTotal
Sunny S. SanyalPresident and Chief Executive Officer$4,634,688
Shubham MaheshwariChief Financial Officer$1,860,580
Kimberley E. HoneysettFormer SVP, CLO and Corporate Secretary$1,266,317
Andrew J. HartmannSVP and General Manager, Detectors$1,256,113
Mark S. JonaitisSVP and General Manager, X-Ray Sources$1,184,198

What changed and why

  • $845MDuring fiscal year 2025, revenue increased 4% to $845 million from the prior year.
  • $4.6MCEO total compensation decreased slightly to $4,634,688 in fiscal year 2025 from $4,749,492 in fiscal year 2024.
  • 97%Stockholders approved the prior say-on-pay proposal with approximately 97% support at the 2025 annual meeting.
  • 50%Long-term incentives for NEOs consisted of 50% performance-based stock units and 50% time-based restricted stock units.
  • 1.8xNet leverage decreased to 1.8x adjusted trailing-twelve months EBITDA due to profitability and debt reduction.

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.