Calumet, Inc. /DE: Pay

Calumet, Inc. /DE paid its 5 named executives $13.9M in total in FY2025 (Dec). CEO Todd Borgmann was paid $6.8M of that.

Pay$100 in the stock at the end of FY21 → $151
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Todd BorgmannPresident & Chief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years
Scott ObermeierPresident - Specialties
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years
Bruce FlemingExecutive Vice President - Montana Renewables & Corporate Strategy
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years
David LuninExecutive Vice President - Chief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
2 years
Gregory MoricalSenior Vice President, General Counsel & Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 9 peers with pay on file was $8.6M. The CEO of Calumet, Inc. /DE was paid $6.8M, 21% below the median.

  1. 1Ingevity
  2. 2OLIN
  3. 3Darling Ingredients
  4. 4Cabot
  5. 5Chemours
  6. 6Delek US Holdings
  7. 7Calumet, Inc. /DE
  8. 8Avient
  9. 9Stepan
  10. 10Newmarket
  11. 11AshlandNot disclosed
  12. 12CVR EnergyNot disclosed
  13. 13Green Plains Inc.Not disclosed
  14. 14H.B. Fuller CompanyNot disclosed
  15. 15HuntsmanNot disclosed
  16. 16InnospecNot disclosed
  17. 17Koppers Holding Inc.Not disclosed
  18. 18Kronos Worldwide Inc.Not disclosed
  19. 19Minerals Technology Inc.Not disclosed
  20. 20Par Pacific HoldingsNot disclosed
  21. 21Quaker ChemicalNot disclosed
  22. 22Tronox Holdings plcNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.