How Happe was paid
$9M 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.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Michael J. HappePresident and Chief Executive Officer | $1,150,000 | $6,185,000 | $915,006 | $704,000 | $45,892 | $8,999,898 |
| Bryan L. HughesSenior Vice President – Chief Financial Officer | $625,000 | $1,437,547 | $187,511 | $408,250 | $42,824 | $2,701,132 |
| Donald J. ClarkGroup President – Towable RV Segment | $676,923 | — | — | $4,090,474 | $14,475 | $4,781,872 |
| Casey J. TubmanGroup President – Newmar and Winnebago Motorized | $560,000 | $839,957 | $100,791 | $850,828 | $41,283 | $2,392,859 |
| Stacy L. BogartSenior Vice President – Chief Legal Officer | $555,000 | $989,251 | $129,029 | $301,071 | $41,772 | $2,016,123 |
What changed and why
- $9MMichael J. Happe received a total compensation of $8,999,898 in fiscal 2025.
- $80,661The ratio of the CEO to median employee pay was 112 to 1 based on median employee pay of $80,661.
- $159MThe company reduced its debt by roughly $159 million in fiscal 2025.
- $3.9MTotal community support of $3.9 million was provided by the company, employees, and foundation.
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.