Mayville Engineering Company: Pay

Mayville Engineering Company paid its 6 named executives $8.9M in total in FY2025 (Dec). CEO Jagadeesh (Jag) A. Reddy was paid $3.2M 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

Jagadeesh (Jag) A. ReddyPresident and Chief Executive Officer
FY2025 (Dec)Low confidenceLow confidenceLow confidence
FY2024 (Dec)Not disclosed
FY2023 (Dec)Low confidenceNot disclosed
3 years
Ryan F. RaberExecutive Vice President, Strategy, Sales & Marketing
FY2025 (Dec)Low confidence
FY2024 (Dec)Not disclosed
FY2022 (Dec)Low confidenceLow confidenceNot disclosed
3 years
Todd M. ButzFormer Chief Financial Officer
FY2025 (Dec)Low confidence
FY2024 (Dec)Not disclosed
FY2023 (Dec)Not disclosed
FY2022 (Dec)Low confidenceLow confidenceLow confidenceLow confidenceNot disclosed
4 years
Craig D. NicholsSenior Vice President, Operations and Supply Chain
FY2025 (Dec)Low confidence
FY2024 (Dec)Low confidenceNot disclosed
2 years
Rachele. M. LehrChief Financial Officer
FY2025 (Dec)
FY2024 (Dec)Low confidenceLow confidenceLow confidenceNot disclosed
FY2023 (Dec)Low confidenceLow confidenceNot disclosed
3 years
Sean P. LeubaSenior Vice President, General Counsel and Secretary
FY2025 (Dec)Low confidence
FY2024 (Dec)Low confidenceLow confidenceLow confidenceNot disclosed
FY2023 (Dec)Low confidenceLow confidenceLow confidenceLow confidenceNot disclosed
3 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 4 peers with pay on file was $3.7M. The CEO of Mayville Engineering Company was paid $3.2M, 15% below the median.

  1. 1Azz
  2. 2Myers Industries
  3. 3Powell Industries
  4. 4Mayville Engineering Company
  5. 5Douglas Dynamics
  6. 6Ampco-Pittsburgh CorporationNot disclosed
  7. 7BlueBird CorporationNot disclosed
  8. 8Commercial Vehicle Group, IncNot disclosed
  9. 9Daktronics, IncNot disclosed
  10. 10Hurco Companies, Inc.Not disclosed
  11. 11L.B. Foster CompanyNot disclosed
  12. 12Lsi IndustriesNot disclosed
  13. 13Luxfer HoldingsNot disclosed
  14. 14Miller Industries, IncNot disclosed
  15. 15Northwest Pipe CompanyNot disclosed
  16. 16The Eastern CompanyNot disclosed
  17. 17Gorman RuppNot disclosed
  18. 18The Shyft Group, IncNot disclosed
  19. 19Twin Disc, IncorporatedNot 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.