Worthington Steel (WS) executive compensation, 2025 proxy

Geoffrey G. Gilmore, President and Chief Executive Officer, was paid $5.3M in fiscal 2025, down 38% from $8.6M the year before. The CEO-to-median-employee pay ratio was 62:1, on median employee pay of $85,835.

Filed
August 15, 2025
Annual meeting
September 24, 2025
Pay year
fiscal 2025
Named executives
5
CEO total pay
$5.3M-38% vs prior year
CEO to median employee
62:1median $85,835
CEO pay in equity
30%$1.6M in awards
Prior say-on-pay support
95%of votes cast
CEO salary
$1,025,000Fiscal 2025 salary
CEO performance award
$120,328Three-year performance period
Annual incentive metrics
EVA and Adj. EPSMost recent performance metrics
Restricted stock vesting
3 yearsGenerally cliff vesting

How Gilmore was paid

$5.3M 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.

Salary19%Bonus38%Stock awards8%Option awards22%Non-equity incentive11%All other compensation2%

Named executive officers

ExecutiveTotal
Geoffrey G. GilmorePresident and Chief Executive Officer$5,329,928
Timothy A. AdamsVice President and Chief Financial Officer$1,598,706
Jeffrey R. KlinglerExecutive Vice President and Chief Operating Officer$2,078,908
John B. BlystoneExecutive Chairman$2,684,115
Clifford LariveyPresident, Flat-Roll Steel Processing$1,258,421

What changed and why

  • $5.3M$5,329,928 was CEO total compensation in fiscal 2025, down from $8,592,816 in fiscal 2024.
  • $2M$2,041,632 was the CEO’s discretionary bonus, while $560,000 was the annual incentive bonus.
  • $120K$120,328 was the CEO’s performance award for the three-fiscal-year performance period ending with fiscal 2025.
  • $85,83562:1 was the fiscal 2025 CEO-to-median-employee pay ratio, based on median pay of $85,835.
  • 95%More than 95% of votes supported executive compensation at the 2024 annual meeting.
  • EVA and adjusted EPS were the most recent performance metrics for annual and long-term incentives.

Other Worthington Steel proxy statements

  • 2026 proxy statement

    Geoffrey G. Gilmore paid $7.2M (+35% on the year), pay ratio 83:1.

    Filed Aug 14, 2026

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.