Garmin: Pay

Garmin paid its 5 named executives $18.5M in total in FY2025 (Dec). CEO Clifton A. Pemble was paid $7.7M of that.

PayNo stock prices for these years
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

Clifton A. PemblePresident & Chief Executive Officer
FY2025 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
4 years
Patrick G. DesboisExecutive Vice President, Operations
FY2025 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
4 years
Philip I. StraubExecutive Vice President, Managing Director-Aviation
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Douglas G. BoessenChief Financial Officer & Treasurer
FY2025 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
4 years
Bradley C. Trenkleco-Chief Operating Officer
FY2025 (Dec)
1 year

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 6 peers with pay on file was $14.6M. The CEO of Garmin was paid $7.7M, 47% below the median.

  1. 1NetApp
  2. 2Textron
  3. 3Trimble
  4. 4Deckers Outdoor
  5. 5Garmin
  6. 6Teledyne Technologies
  7. 7Zebra Technologies
  8. 8Acushnet Holdings Corp.Not disclosed
  9. 9Brunswick CorporationNot disclosed
  10. 10DexcomNot disclosed
  11. 11HEICO CorporationNot disclosed
  12. 12Logitech InternationalNot disclosed
  13. 13Polaris Inc.Not disclosed
  14. 14Visteon CorporationNot disclosed
  15. 15Winnebago Industries, Inc.Not disclosed
  16. 16YETI Holdings, IncNot 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.