How Santana was paid
$26.2M 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 | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Rafael SantanaPresident and Chief Executive Officer | $1,400,000 | $20,027,022 | $4,724,580 | — | $29,859 | $26,181,461 |
| John OlinExecutive Vice President and Chief Financial Officer | $810,000 | $3,657,612 | $1,562,004 | $5,669 | $34,761 | $6,070,046 |
| David L. DeNinnoExecutive Vice President, General Counsel and Secretary | $705,000 | $2,325,771 | $1,359,522 | — | $64,153 | $4,454,446 |
| Pascal SchweitzerPresident, Transit | $712,318 | $2,172,731 | $1,373,635 | — | $258,965 | $4,517,649 |
| Eric GebhardtExecutive Vice President and Chief Technology Officer | $665,000 | $1,659,943 | $1,282,386 | — | $185,648 | $3,792,978 |
What changed and why
- $26.2MCEO Rafael Santana received total compensation of $26,181,461 in 2025, up from $20,974,319 in 2024.
- $20MStock awards for the CEO totaled $20,027,022 based on ASC 718 grant date fair value.
- $11.17BThe company achieved sales of $11.17B and adjusted earnings per share of $8.97 in 2025.
- 93%Stockholders approved the previous year executive compensation with approximately 93% support.
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.