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Companies Mueller Industries Inc

Mueller Industries (MLI): executive pay, fiscal 2025

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CEO total pay$27,562,773CEO Gregory Christopher · source
Say-on-pay support95.31%Latest vote · source
CEO pay ratio604:1To the median employee · source

CEO pay, last three years

  • $19,464,383FY2023
  • $22,786,901FY2024
  • $27,562,773FY2025

CEO total pay was $27,562,773 in fiscal 2025, up from $22,786,901 in fiscal 2024.

FY2025: salary $1,650,000 · bonus $1,500,000 · stock awards $15,227,100 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Mueller Industries Inc in fiscal 2025?
As disclosed, Gregory Christopher (Chief Executive Officer & Chairman) was the highest-paid executive at Mueller Industries Inc in fiscal 2025, with total compensation of $27,562,773.
What is Mueller Industries Inc's CEO-to-median employee pay ratio?
As disclosed, Mueller Industries Inc's CEO-to-median employee pay ratio was 604:1.
How did shareholders vote on Mueller Industries Inc's executive compensation?
As disclosed, 95.31% of shareholders supported Mueller Industries Inc's executive compensation in the latest say-on-pay vote.
How much does Mueller Industries Inc spend in total on board compensation for fiscal 2025?
As disclosed, Mueller Industries Inc reported total board compensation of $1,956,189 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Gregory Christopher$1,650,000$1,500,000$15,227,100$0$8,250,000$0$935,673$27,562,773
Chief Executive Officer & Chairman
Jeffrey Martin479,14204,060,56001,724,9130284,2186,548,833
Executive Vice President, Chief Financial Officer & Treasurer
Christopher Miritello378,86101,099,73501,363,8980100,5802,943,074
Executive Vice President, General Counsel & Secretary
Steffen Sigloch283,292000770,6240269,4401,323,356
Former Chief Manufacturing 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Gregory Christopher$27,562,773$22,786,901$19,464,383↑ +4,775,872
Jeffrey Martin6,548,8336,301,7224,839,887↑ +247,111
Christopher Miritello2,943,0743,137,9382,598,224↓ −194,864
Steffen Sigloch1,323,3563,554,1093,941,512↓ −2,230,753

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

We believe in a pay for performance philosophy, such that a material portion of a named executive officer's compensation is dependent upon both the short-term and long-term strategic and financial performance of the Company, considered in light of general economic and specific Company, industry, and competitive conditions.

CEO STI target (% of salary)125%
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jeffrey MartinPSU2025-08-0419,20024,000—48,000$4,060,560
Gregory ChristopherPSU2025-08-0472,00090,000—180,00015,227,100
Christopher MiritelloPSU2025-08-045,2006,500—13,0001,099,735

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jeffrey Martin$0$4,060,560$0100.0%
Gregory Christopher015,227,1000100.0%
Christopher Miritello01,099,7350100.0%

% 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

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Christopher MiritelloRSU5,330—$424,002
Christopher MiritelloPSU13,000—1,535,690
Christopher MiritelloPSU18,000—2,126,340
Christopher MiritelloRSU24,000—2,835,120
Steffen SiglochPSU25,000—2,953,250
Christopher MiritelloRSU38,000—3,333,360
Jeffrey MartinPSU48,000—5,670,240
Jeffrey MartinPSU56,000—6,615,280
Steffen SiglochRSU56,000—6,615,280
Jeffrey MartinRSU72,000—8,505,360
Jeffrey MartinRSU108,000—9,473,760
Steffen SiglochRSU112,000—9,824,640
Gregory ChristopherPSU180,000—21,263,400
Gregory ChristopherPSU200,000—23,626,000
Gregory ChristopherRSU270,000—31,895,100
Gregory ChristopherRSU336,000—29,473,920
Gregory ChristopherRSU500,000—59,065,000
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John B. HansenIndependent · Compensation and Personnel Development$143,000$160,027$0$0$0$303,027
Charles P. Herzog, JrIndependent · Audit · Nominating and Governance121,000160,027000281,027
Elizabeth DonovanIndependent · Nominating and Governance (Chair) · Compensation and Personnel Development119,000160,027000279,027
William C. DrummondIndependent · Audit118,000160,027000278,027
Scott J. GoldmanIndependent · Audit (Chair)116,000160,027000276,027
Terry HermansonIndependent · Lead Independent Director · Nominating and Governance113,000160,027000273,027
Gary S. GladsteinIndependent · Compensation and Personnel Development (Chair)106,000160,027000266,027
Gregory L. ChristopherEmployee director · Board Chair000—00

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$160,000
Per board meeting fee$3,000
Committee chair fees (audit / comp / nom-gov)25,000 / 10,000 / 10,000
Stock ownership guideline$240,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$836,000
Equity awards (grant-date value)$1,120,189
All other compensation$0
Total cost of the board$1,956,189

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Mueller Industries as a peer

Companies that benchmark against MLI

4 companies name MLI as a compensation peer

Each company listed discloses MLI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named MLI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Mueller Industries Inc2025Gregory Christopher$1,650,000$15,227,100$0$8,250,000$27,562,773

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.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-0787,587,8734,306,1241,966,75695.31%Passed
20252025-05-0882,878,25014,397,940785,82485.2%Passed
20242024-05-0994,806,0845,850,131163,37494.19%Passed
20222022-05-0544,772,6635,778,62444,94788.57%Passed
20212021-05-0648,723,5663,147,846166,96293.93%Passed
20202020-05-0739,778,74311,863,10167,70777.03%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 yearMeeting dateApproval — company’s computation
20262026-05-0795.31%a
20252025-05-0885.2%b
20242024-05-0994.19%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. 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.

CEO pay ratio

Ratio (CEO : median employee)604 : 1
CEO total compensation$27,562,773
Median employee compensation$45,602
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Gregory L. ChristopherDirector2026-04-27D103,266$137$14,177,389CommonForm 4 ↗
Gary S. GladsteinDirector2026-05-01D919134123,367CommonForm 4 ↗
Gary S. GladsteinDirector2026-05-01A9,77813123,447CommonForm 4 ↗
Gary S. GladsteinDirector2026-05-01D9,77800Derivative, Class A CommonForm 4 ↗
Charles P. Herzog, JrDirector2026-05-08A1,22200CommonForm 4 ↗
Elizabeth DonovanDirector2026-05-08A1,22200CommonForm 4 ↗
William C. DrummondDirector2026-05-08A1,22200CommonForm 4 ↗
Charles P. Herzog, JrDirector2026-05-08A1,22200CommonForm 4 ↗
John B. HansenDirector2026-05-08A1,22200CommonForm 4 ↗
Charles P. Herzog, JrDirector2026-05-08D1,22200CommonForm 4 ↗
Gary S. GladsteinDirector2026-05-08A1,22200CommonForm 4 ↗
Scott J. GoldmanDirector2026-05-08A1,22200CommonForm 4 ↗
Terry HermansonDirector2026-05-08A1,22200CommonForm 4 ↗
Scott J. GoldmanDirector2026-05-29D2,000128255,820CommonForm 4 ↗
Jeffrey MartinEVP, CFO & Treasurer2026-07-30D57,791673,847,147CommonForm 4 ↗
Daniel PieralisiExecutive VP - Admin2026-07-30D1,80867120,359CommonForm 4 ↗
Gregory L. ChristopherDirector2026-07-30D205,9726713,711,556CommonForm 4 ↗
Gregory L. ChristopherDirector2026-07-30A270,00000CommonForm 4 ↗
Jeffrey MartinEVP, CFO & Treasurer2026-07-30A72,00000CommonForm 4 ↗
John B. HansenDirector2026-08-04D1,0006868,130CommonForm 4 ↗
John B. HansenDirector2026-08-04D25000CommonForm 4 ↗
John B. HansenDirector2026-08-04D2,44468165,510CommonForm 4 ↗
Jeffrey MartinEVP, CFO & Treasurer2026-08-05A34,00000CommonForm 4 ↗
Daniel PieralisiExecutive VP - Admin2026-08-05A6,00000CommonForm 4 ↗
Christopher MiritelloEVP, Gen. Counsel, Secretary2026-08-05A9,00000CommonForm 4 ↗
Gregory L. ChristopherDirector2026-08-05A125,00000CommonForm 4 ↗
Gregory L. ChristopherDirector2026-08-10D70,000694,835,950CommonForm 4 ↗
Gregory L. ChristopherDirector2026-08-11D70,000694,859,960CommonForm 4 ↗
Gregory L. ChristopherDirector2026-08-11D200,0006813,688,400CommonForm 4 ↗
Jeffrey MartinEVP, CFO & Treasurer2026-08-13D86,209675,778,848CommonForm 4 ↗
Scott J. GoldmanDirector2026-08-27D2,00064128,160CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

Sources (54 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, Gregory Christopher. DEF 14A, filed 2026-03-26. Section “SUMMARY COMPENSATION TABLE FOR 2025” · page 34. As printed: 27,562,773. View filing ↗
  • Section 01, Jeffrey Martin. DEF 14A, filed 2026-03-26. Section “SUMMARY COMPENSATION TABLE FOR 2025” · page 34. As printed: 6,548,833. View filing ↗
  • Section 01, Christopher Miritello. DEF 14A, filed 2026-03-26. Section “SUMMARY COMPENSATION TABLE FOR 2025” · page 34. As printed: 2,943,074. View filing ↗
  • Section 01, Steffen Sigloch. DEF 14A, filed 2026-03-26. Section “SUMMARY COMPENSATION TABLE FOR 2025” · page 34. As printed: 1,323,356. View filing ↗
  • Section 03, Jeffrey Martin PSU. DEF 14A, filed 2026-03-26. Section “SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. View filing ↗
  • Section 03, Gregory Christopher PSU. DEF 14A, filed 2026-03-26. Section “SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. View filing ↗
  • Section 03, Christopher Miritello PSU. DEF 14A, filed 2026-03-26. Section “SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-03-26. Section “CEO Pay Ratio”. As printed: 604 : 1. View filing ↗
  • Section 08, John B. Hansen. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 303,027. View filing ↗
  • Section 08, Charles P. Herzog, Jr. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 281,027. View filing ↗
  • Section 08, Elizabeth Donovan. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 279,027. View filing ↗
  • Section 08, William C. Drummond. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 278,027. View filing ↗
  • Section 08, Scott J. Goldman. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 276,027. View filing ↗
  • Section 08, Terry Hermanson. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 273,027. View filing ↗
  • Section 08, Gary S. Gladstein. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 266,027. View filing ↗
  • Section 08, Gregory L. Christopher. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, Gregory L. Christopher 2026-04-27. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gary S. Gladstein 2026-05-01. Form 4, filed 2026-05-04. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gary S. Gladstein 2026-05-01. Form 4, filed 2026-05-04. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gary S. Gladstein 2026-05-01. Form 4, filed 2026-05-04. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Charles P. Herzog, Jr 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Elizabeth Donovan 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, William C. Drummond 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Charles P. Herzog, Jr 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John B. Hansen 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Charles P. Herzog, Jr 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gary S. Gladstein 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Scott J. Goldman 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Terry Hermanson 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Scott J. Goldman 2026-05-29. Form 4, filed 2026-05-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jeffrey Martin 2026-07-30. Form 4, filed 2026-07-31. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Daniel Pieralisi 2026-07-30. Form 4, filed 2026-07-31. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gregory L. Christopher 2026-07-30. Form 4, filed 2026-07-31. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gregory L. Christopher 2026-07-30. Form 4, filed 2026-07-31. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jeffrey Martin 2026-07-30. Form 4, filed 2026-07-31. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John B. Hansen 2026-08-04. Form 4, filed 2026-08-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John B. Hansen 2026-08-04. Form 4, filed 2026-08-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John B. Hansen 2026-08-04. Form 4, filed 2026-08-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jeffrey Martin 2026-08-05. Form 4, filed 2026-08-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Daniel Pieralisi 2026-08-05. Form 4, filed 2026-08-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Christopher Miritello 2026-08-05. Form 4, filed 2026-08-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gregory L. Christopher 2026-08-05. Form 4, filed 2026-08-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gregory L. Christopher 2026-08-10. Form 4, filed 2026-08-12. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gregory L. Christopher 2026-08-11. Form 4, filed 2026-08-12. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gregory L. Christopher 2026-08-11. Form 4, filed 2026-08-12. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jeffrey Martin 2026-08-13. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Scott J. Goldman 2026-08-27. Form 4, filed 2026-08-27. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-11. Item 5.07 · say-on-pay result. As reported: 95.31% (votes for as printed: 87,587,873). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-12. Item 5.07 · say-on-pay result. As reported: 85.2% (votes for as printed: 82,878,250). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-13. Item 5.07 · say-on-pay result. As reported: 94.19% (votes for as printed: 94,806,084). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • 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 836,000 + equity 1,120,189 + all other 0 = 1,956,189, summed across the director compensation table rows.
  • Mueller Industries Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Mueller Industries Inc's own proxy. As printed: 27,562,773. View filing ↗
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