Companies Alliance Laundry Holdings
Alliance Laundry (ALH): executive pay, fiscal 2025
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CEO pay, last three years
- $9,120,366FY2025
CEO total pay was $9,120,366 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $933,750 · bonus $0 · stock awards $6,815,448 · option awards $0
Executives and directors
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Michael Schoeb | $933,750 | $0 | $6,815,448 | $0 | $1,350,168 | $0 | $21,000 | $9,120,366 |
| Chief Executive Officer | ||||||||
| Cody Masluk | 242,390 | 0 | 0 | 3,742,378 | 133,350 | 0 | 139,189 | 4,257,307 |
| Former Chief Commercial Officer – North America | ||||||||
| Dean Nolden | 357,955 | 0 | 0 | 1,252,453 | 357,188 | 0 | 19,523 | 1,987,119 |
| Chief Financial Officer | ||||||||
| Robert Calver | 286,265 | 200,000 | 0 | 252,953 | 114,300 | 0 | 61,000 | 914,518 |
| Vice President, Financial Planning and Analysis; Interim Chief Financial Officer | ||||||||
| Jan Vleugels | 494,039 | 0 | 0 | 0 | 253,995 | 0 | 102,667 | 850,701 |
| Chief Operating Officer – International | ||||||||
| Joseph Hainline | 307,096 | 0 | 0 | 126,474 | 157,884 | 0 | 21,000 | 612,154 |
| Chief Technology Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Michael Schoeb | $9,120,366 | — | — | — |
| Cody Masluk | 4,257,307 | — | — | — |
| Dean Nolden | 1,987,119 | — | — | — |
| Robert Calver | 914,518 | — | — | — |
| Jan Vleugels | 850,701 | — | — | — |
| Joseph Hainline | 612,154 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The program is designed to attract, motivate, reward, focus, and retain high-caliber management while aligning executive compensation with short- and long-term objectives, business strategy, and financial performance. It provides competitive packages with a material component of performance-based compensation dependent on business objectives to encourage long-term stockholder value.
| CEO STI target (% of salary) | NaN% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Aon |
| Clawback policy | The company adopted an Incentive Compensation Recovery Policy effective as of the IPO, requiring recovery of compensation from executive officers awarded after the policy date in connection with an accounting restatement due to material noncompliance with financial reporting requirements. |
| Anti-hedging | — |
| Anti-pledging | — |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Robert Calver | OPTION | 2025-02-07 | — | 40,531 | — | — | $48,677 |
| Robert Calver | OPTION | 2025-02-07 | — | — | 40,531 | — | 204,276 |
| Joseph Hainline | OPTION | 2025-02-07 | — | 20,265 | — | — | 24,338 |
| Michael Schoeb | RSU | 2025-10-10 | — | — | 272,727 | — | 6,815,448 |
| Joseph Hainline | OPTION | 2025-02-07 | — | — | 20,265 | — | 102,136 |
| Dean Nolden | OPTION | 2025-04-24 | — | 200,682 | — | — | 241,016 |
| Cody Masluk | PSU | 2025-09-30 | — | — | — | — | 3,640,730 |
| Cody Masluk | OPTION | 2025-02-07 | — | — | 16,212 | — | 19,616 |
| Cody Masluk | OPTION | 2025-02-07 | — | 16,212 | — | — | 82,032 |
| Dean Nolden | OPTION | 2025-04-24 | — | — | 200,682 | — | 1,011,437 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Robert Calver | $0 | $0 | $252,953 | 0.0% |
| Joseph Hainline | 0 | 0 | 126,474 | 0.0% |
| Michael Schoeb | 6,815,448 | 0 | 0 | 0.0% |
| Dean Nolden | 0 | 0 | 1,252,453 | 0.0% |
| Cody Masluk | 0 | 3,640,730 | 101,648 | 97.3% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Joseph Hainline | Option | 6,094 | 8.51 | — |
| Joseph Hainline | Option | 12,573 | 12.02 | — |
| Joseph Hainline | Option | 20,265 | 12.34 | — |
| Robert Calver | Option | 25,031 | 8.04 | — |
| Joseph Hainline | Option | 37,405 | 8.04 | — |
| Robert Calver | Option | 40,531 | 12.34 | — |
| Dean Nolden | Option | 200,682 | 12.46 | — |
| Michael Schoeb | RSU | 272,727 | — | 5,549,994 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Phyllis A. KnightIndependent · Audit (Chair) · Compensation | $142,500 | $160,000 | — | — | — | $302,500 |
| Clyde B. AndersonIndependent · Nominating and Governance (Chair) | 140,000 | 160,000 | — | — | — | 300,000 |
| Timothy J. FitzGeraldIndependent · Audit · Compensation | 136,250 | 160,000 | — | — | — | 296,250 |
| Narasimha NayakIndependent · Nominating and Governance | 98,750 | 160,000 | — | — | — | 258,750 |
| Amanda L. HodgesIndependent · Audit | 36,250 | 160,000 | — | — | — | 196,250 |
| Robert L. VeriganIndependent · Compensation (Chair) · Nominating and Governance | 0 | 0 | — | — | — | 0 |
| Michael D. SchoebEmployee director | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $95,000 |
|---|---|
| Annual equity retainer | $160,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 15,000 |
| Stock ownership guideline | $750,000 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $553,750 |
| Equity awards (grant-date value) | $800,000 |
| All other compensation | $0 |
| Total cost of the board | $1,353,750 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Alliance Laundry as a peer
Companies that benchmark against ALH
No companies currently name ALH as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
Of the companies Alliance Laundry Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Alliance Laundry Holdings.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Acuity Brands | 2025 | Neil Ashe | $1,000,000 | $8,576,928 | $0 | $1,512,000 | $12,500,683 |
| 2 | Zurn Elkay Water Solutions | 2025 | Todd Adams | 1,005,000 | 8,000,010 | 0 | 1,852,969 | 11,603,760 |
| 3 | Watts Water Technologies | 2025 | Robert Pagano, Jr. | 1,173,000 | 6,450,421 | 0 | 2,709,000 | 10,423,317 |
| 4 | Alliance Laundry Holdings | 2025 | Michael Schoeb | 933,750 | 6,815,448 | 0 | 1,350,168 | 9,120,366 |
| 5 | JBT Marel | 2025 | Brian Deck | 1,065,810 | 5,199,957 | 0 | 1,480,500 | 7,966,447 |
| 6 | Barnes Group | 2023 | Thomas Hook | 1,000,000 | 4,688,207 | 1,114,981 | 432,000 | 7,305,338 |
| 7 | Array Technologies | 2025 | Kevin Hostetler | 869,135 | 4,776,334 | 0 | 1,126,563 | 6,803,799 |
| 8 | Donaldson Company | 2026 | Richard Lewis | 883,423 | 1,568,900 | 1,570,013 | 1,114,964 | 5,195,987 |
| 9 | A. O. Smith | 2025 | Stephen Shafer | 965,750 | 2,678,044 | 0 | 1,068,000 | 4,960,450 |
| 10 | Tennant Company | 2025 | David Huml | 992,385 | 3,400,027 | 0 | 189,557 | 4,672,864 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Alliance Laundry Holdings | 127% of target% | RSUs 100 | not disclosed | Aon |
| A. O. Smith | 98.3% | RSU 50 · Cash LTI 35 · PSU 15 | No | Willis Towers Watson (WTW) |
| Acuity Brands | CEO: 100.8% of target ($1,512,000 / $1,500,000); CFO: 100.8% of target ($693,000 / $687,500); General Counsel: 100.8% of target ($529,200 / $525,000); CHRO: 96.8% of target ($508,200 / $525,000)% | PSUs 75 · RSUs 25 | Yes — Relative TSR (rTSR) | Exequity |
| Array Technologies | 103% | RSU 50 · PSU 50 | No | Pay Governance |
| Barnes Group | not disclosed | PSA 50 · RSU 30 · Option 20 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| Donaldson Company | not disclosed | PSU 50 · Option 50 | not disclosed | WTW |
| JBT Marel | not disclosed | PRSU 60 · RSU 40 | not disclosed | Meridian |
| Tennant Company | 18.96% | PSU 50 · RSU 50 | No | Pearl Meyer |
| Watts Water Technologies | 180.6% | not disclosed | No | Pearl Meyer & Partners, LLC |
| Zurn Elkay Water Solutions | 147% | PSU 100 | No | Willis Towers Watson |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-11 | 182,415,966 | 891,492 | 7,340 | 99.51% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-06-11 | 99.51%a |
a. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (44 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Michael Schoeb. DEF 14A, filed 2026-04-27. Section “Executive Compensation”. As printed: 9,120,366. View filing ↗
- Section 01, Cody Masluk. DEF 14A, filed 2026-04-27. Section “Executive Compensation”. As printed: 4,257,307. View filing ↗
- Section 01, Dean Nolden. DEF 14A, filed 2026-04-27. Section “Executive Compensation”. As printed: 1,987,119. View filing ↗
- Section 01, Robert Calver. DEF 14A, filed 2026-04-27. Section “Executive Compensation”. As printed: 914,518. View filing ↗
- Section 01, Jan Vleugels. DEF 14A, filed 2026-04-27. Section “Executive Compensation”. As printed: 850,701. View filing ↗
- Section 01, Joseph Hainline. DEF 14A, filed 2026-04-27. Section “Executive Compensation”. As printed: 612,154. View filing ↗
- Section 03, Robert Calver OPTION. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Robert Calver OPTION. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Joseph Hainline OPTION. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Schoeb RSU. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Joseph Hainline OPTION. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Dean Nolden OPTION. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Cody Masluk PSU. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Cody Masluk OPTION. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Cody Masluk OPTION. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Dean Nolden OPTION. DEF 14A, filed 2026-04-27. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, Phyllis A. Knight. DEF 14A, filed 2026-04-27. Section “Director Compensation”. As printed: 302,500. View filing ↗
- Section 08, Clyde B. Anderson. DEF 14A, filed 2026-04-27. Section “Director Compensation”. As printed: 300,000. View filing ↗
- Section 08, Timothy J. FitzGerald. DEF 14A, filed 2026-04-27. Section “Director Compensation”. As printed: 296,250. View filing ↗
- Section 08, Narasimha Nayak. DEF 14A, filed 2026-04-27. Section “Director Compensation”. As printed: 258,750. View filing ↗
- Section 08, Amanda L. Hodges. DEF 14A, filed 2026-04-27. Section “Director Compensation”. As printed: 196,250. View filing ↗
- Section 08, Robert L. Verigan. DEF 14A, filed 2026-04-27. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Michael D. Schoeb. DEF 14A, filed 2026-04-27. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-15. Item 5.07 · say-on-pay result. As reported: 99.51% (votes for as printed: 182,415,966). View filing ↗
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 553,750 + equity 800,000 + all other 0 = 1,353,750, summed across the director compensation table rows.
- Acuity Brands, Section 10b CEO total. DEF 14A, filed 2025-12-11. CEO total compensation as printed in Acuity Brands's own proxy. As printed: 12,500,683. View filing ↗
- Zurn Elkay Water Solutions, Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Zurn Elkay Water Solutions's own proxy. As printed: 11,603,760. View filing ↗
- Watts Water Technologies, Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Watts Water Technologies's own proxy. As printed: 10,423,317. View filing ↗
- Alliance Laundry Holdings (subject), Section 10b CEO total. DEF 14A, filed 2026-04-27. CEO total compensation as printed in Alliance Laundry Holdings's own proxy. As printed: 9,120,366. View filing ↗
- JBT Marel, Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in JBT Marel's own proxy. As printed: 7,966,447. View filing ↗
- Barnes Group, Section 10b CEO total. DEF 14A, filed 2024-03-29. CEO total compensation as printed in Barnes Group's own proxy. As printed: 7,305,338. View filing ↗
- Array Technologies, Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in Array Technologies's own proxy. As printed: 6,803,799. View filing ↗
- Donaldson Company, Section 10b CEO total. DEF 14A, filed 2026-10-06. CEO total compensation as printed in Donaldson Company's own proxy. As printed: 5,195,987. View filing ↗
- A. O. Smith, Section 10b CEO total. DEF 14A, filed 2026-03-04. CEO total compensation as printed in A. O. Smith's own proxy. As printed: 4,960,450. View filing ↗
- Tennant Company, Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in Tennant Company's own proxy. As printed: 4,672,864. View filing ↗
- Section 10a, Barnes Group reciprocity. DEF 14A. Barnes Group's most recent proxy was read; its disclosed peer group does not include Alliance Laundry Holdings. View filing ↗
- Section 10a, Watts Water Technologies reciprocity. DEF 14A. Watts Water Technologies's most recent proxy was read; its disclosed peer group does not include Alliance Laundry Holdings. View filing ↗
- Section 10a, Donaldson Company reciprocity. DEF 14A. Donaldson Company's most recent proxy was read; its disclosed peer group does not include Alliance Laundry Holdings. View filing ↗
- Section 10a, JBT Marel reciprocity. DEF 14A. JBT Marel's most recent proxy was read; its disclosed peer group does not include Alliance Laundry Holdings. View filing ↗
- Section 10a, Tennant Company reciprocity. DEF 14A. Tennant Company's most recent proxy was read; its disclosed peer group does not include Alliance Laundry Holdings. View filing ↗
- Section 10a, Acuity Brands reciprocity. DEF 14A. Acuity Brands's most recent proxy was read; its disclosed peer group does not include Alliance Laundry Holdings. View filing ↗
- Section 10a, Array Technologies reciprocity. DEF 14A. Array Technologies's most recent proxy was read; its disclosed peer group does not include Alliance Laundry Holdings. View filing ↗
- Section 10a, Zurn Elkay Water Solutions reciprocity. DEF 14A. Zurn Elkay Water Solutions's most recent proxy was read; its disclosed peer group does not include Alliance Laundry Holdings. View filing ↗