Gentex: Pay

Gentex paid its 5 named executives $14.5M in total in FY2025 (Dec). CEO Steve Downing was paid $5.9M of that.

Pay$100 in the stock at the end of FY20 → $71
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

Steve DowningPresident and CEO
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Neil BoehmVice President - Engineering and CTO
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Kevin NashVice President - Finance, CFO and Treasurer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Matt ChiodoSenior Vice President - Sales and Chief Sales Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Scott RyanVice President, General Counsel and Corporate Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 6 peers with pay on file was $8.2M. The CEO of Gentex was paid $5.9M, 28% below the median.

  1. 1Graco
  2. 2SPX Technologies
  3. 3Donaldson Co
  4. 4Nordson
  5. 5Allison Transmission Holdings
  6. 6Gentex
  7. 7Franklin Electric Co
  8. 8Barnes Group Inc.Not disclosed
  9. 9Cooper-Standard HoldingsNot disclosed
  10. 10Dorman Products, Inc.Not disclosed
  11. 11Federal Signal CorporationNot disclosed
  12. 12Gentherm IncorporatedNot disclosed
  13. 13IDEX CorporationNot disclosed
  14. 14IttNot disclosed
  15. 15LCI IndustriesNot disclosed
  16. 16Littelfuse, Inc.Not disclosed
  17. 17Methode ElectronicsNot disclosed
  18. 18Modine ManufacturingNot disclosed
  19. 19Standard Motor Products, Inc.Not disclosed
  20. 20Visteon CorporationNot 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.