How Bitzer was paid
$12.8M 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 |
|---|---|---|---|---|---|---|
| Marc R. BitzerChairman and Chief Executive Officer | $1,355,000 | $9,449,861 | $1,084,000 | $506,069 | $378,886 | $12,773,816 |
| James W. PetersExecutive Vice President, Chief Financial and Administrative Officer and President, Whirlpool Asia | $941,667 | $3,005,366 | $546,250 | $124,820 | $142,093 | $4,760,196 |
| Alessandro PerucchettiExecutive Vice President and President, Whirlpool North America | $715,833 | $2,022,524 | $362,500 | $139,099 | $83,039 | $3,322,995 |
| Juan Carlos PuenteExecutive Vice President and President, Whirlpool Latin America | $711,000 | $1,712,375 | $290,966 | — | $1,564,250 | $4,278,591 |
| Carey L. MartinExecutive Vice President, Chief Human Resources and Corporate Relations Officer | $741,667 | $3,675,472 | $328,408 | $125,525 | $76,200 | $4,947,272 |
What changed and why
- $12.8MMarc Bitzer received total compensation of $12,773,816 in fiscal 2025, down from $13,917,347 in fiscal 2024.
- 50%Short-term incentive plan payout for 2025 was 50% of target reflecting below expectations financial results.
- 0%Long-term performance plan payout for the 2023-2025 period was 0% of target.
- $29,782The CEO to median employee pay ratio was 429 to 1 based on median employee pay of $29,782.
- 93%Stockholders supported Say on Pay at the 2025 annual meeting with 93% of votes cast in favor.
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.