Companies Minerals Technologies
Minerals Technologies (MTX): executive pay, fiscal 2025
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CEO pay, last three years
- $8,355,252FY2023
- $7,907,030FY2024
- $7,405,693FY2025
CEO total pay was $7,405,693 in fiscal 2025, down from $7,907,030 in fiscal 2024.
FY2025: salary $1,050,000 · bonus $0 · stock awards $2,310,022 · option awards $768,803
Executives and directors
Frequently asked questions
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 officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Douglas Dietrich | $1,050,000 | $0 | $2,310,022 | $768,803 | $2,891,160 | $319,549 | $66,159 | $7,405,693 |
| Chairman of the Board and Chief Executive Officer | ||||||||
| Brett Argirakis | 672,504 | 0 | 716,538 | 238,481 | 910,213 | 408,336 | 52,906 | 2,998,978 |
| Group President, Engineered Solutions | ||||||||
| D.J. Monagle III | 701,634 | 0 | 804,033 | 267,600 | 903,685 | 191,024 | 53,941 | 2,921,917 |
| Group President, Consumer & Specialties | ||||||||
| Jonathan Hastings | 652,292 | 0 | 641,784 | 213,586 | 915,927 | 0 | 52,163 | 2,475,752 |
| Senior Vice President, Strategy and M&A | ||||||||
| Erik Aldag | 567,173 | 0 | 516,758 | 172,005 | 661,286 | 0 | 42,626 | 1,959,848 |
| Senior Vice President, Finance and Treasury, Chief Financial 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 |
|---|---|---|---|---|
| Douglas Dietrich | $7,405,693 | $7,907,030 | $8,355,252 | ↓ −501,337 |
| Brett Argirakis | 2,998,978 | 2,927,359 | 2,738,024 | ↑ +71,619 |
| D.J. Monagle III | 2,921,917 | 3,117,854 | 3,110,799 | ↓ −195,937 |
| Jonathan Hastings | 2,475,752 | 2,838,953 | 2,689,240 | ↓ −363,201 |
| Erik Aldag | 1,959,848 | 1,776,873 | 1,525,514 | ↑ +182,975 |
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 Company intends that the levels of compensation available to executive officers who successfully enhance corporate value be competitive with the compensation offered by publicly held companies so that we can successfully attract and retain the high-quality executive talent critical to the long-term success of the Company. Furthermore, we seek to encourage outstanding performance through the opportunity to earn substantially more than target levels of pay for superior performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | FW Cook |
| Clawback policy | true |
| 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 |
|---|---|---|---|---|---|---|---|
| Erik Aldag | RSU | 2025-01-21 | — | — | 6,733 | — | $516,758 |
| Brett Argirakis | RSU | 2025-01-21 | — | — | 9,336 | — | 716,538 |
| Douglas Dietrich | RSU | 2025-01-21 | — | — | 30,098 | — | 2,310,022 |
| Erik Aldag | OPTION | 2025-01-21 | — | — | 5,783 | — | 172,005 |
| Jonathan Hastings | RSU | 2025-01-21 | — | — | 8,362 | — | 641,784 |
| Brett Argirakis | OPTION | 2025-01-21 | — | — | 8,018 | — | 238,481 |
| Douglas Dietrich | OPTION | 2025-01-21 | — | — | 25,848 | — | 768,803 |
| Jonathan Hastings | OPTION | 2025-01-21 | — | — | 7,181 | — | 213,586 |
| D.J. Monagle III | RSU | 2025-01-21 | — | — | 10,476 | — | 804,033 |
| D.J. Monagle III | OPTION | 2025-01-21 | — | — | 8,997 | — | 267,600 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Erik Aldag | $516,758 | $0 | $172,005 | 0.0% |
| Brett Argirakis | 716,538 | 0 | 238,481 | 0.0% |
| Douglas Dietrich | 2,310,022 | 0 | 768,803 | 0.0% |
| Jonathan Hastings | 641,784 | 0 | 213,586 | 0.0% |
| D.J. Monagle III | 804,033 | 0 | 267,600 | 0.0% |
% 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Erik Aldag | Option | 3,162 | 66.08 | — |
| Erik Aldag | Option | 3,852 | 66.72 | — |
| Brett Argirakis | Option | 4,589 | 66.08 | — |
| Jonathan Hastings | Option | 5,241 | 66.08 | — |
| Jonathan Hastings | Option | 5,346 | 66.72 | — |
| Brett Argirakis | Option | 5,578 | 66.72 | — |
| Erik Aldag | Option | 5,783 | 76.75 | — |
| D.J. Monagle III | Option | 6,044 | 66.08 | — |
| D.J. Monagle III | Option | 6,218 | 66.72 | — |
| Jonathan Hastings | Option | 7,181 | 76.75 | — |
| Brett Argirakis | Option | 8,018 | 76.75 | — |
| D.J. Monagle III | Option | 8,997 | 76.75 | — |
| Erik Aldag | RSU | 13,059 | — | 795,946 |
| Jonathan Hastings | RSU | 17,639 | — | 1,075,097 |
| Brett Argirakis | RSU | 18,502 | — | 1,127,697 |
| Douglas Dietrich | Option | 18,921 | 66.72 | — |
| Douglas Dietrich | Option | 19,106 | 66.08 | — |
| D.J. Monagle III | RSU | 21,584 | — | 1,315,545 |
| Douglas Dietrich | Option | 25,848 | 76.75 | — |
| Douglas Dietrich | RSU | 63,253 | — | 3,855,270 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Robert L. ClarkIndependent · Lead Independent Director | $130,000 | $145,000 | $0 | — | $13,918 | $288,918 |
| Marc E. RobinsonIndependent · Nominating/Governance · Audit (Chair) | 117,500 | 145,000 | 0 | — | 10,888 | 273,388 |
| John J. CarmolaIndependent · Audit · Compensation (Chair) | 112,500 | 145,000 | 0 | — | 11,352 | 268,852 |
| Joseph C. BreunigIndependent · Nominating/Governance (Chair) · Compensation | 110,000 | 145,000 | 0 | — | 8,499 | 263,499 |
| Franklin L. FederIndependent · Audit · Compensation | 97,500 | 145,000 | 0 | — | 9,744 | 252,244 |
| Carolyn K. PittmanIndependent · Nominating/Governance · Audit | 97,500 | 145,000 | 0 | — | 7,939 | 250,439 |
| Alison A. DeansIndependent · Nominating/Governance · Compensation | 95,000 | 145,000 | 0 | — | 6,628 | 246,628 |
| Rocky MotwaniIndependent · Audit · Compensation | 97,500 | 145,000 | 0 | — | 2,491 | 244,991 |
| Kristina M. JohnsonIndependent · Nominating/Governance · Audit | 97,500 | 145,000 | 0 | — | 1,550 | 244,050 |
| Douglas T. DietrichEmployee director · Board Chair | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $80,000 |
|---|---|
| Annual equity retainer | $145,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 22,500 / 22,500 |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $955,000 |
| Equity awards (grant-date value) | $1,305,000 |
| All other compensation | $73,009 |
| Total cost of the board | $2,333,009 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Minerals Technologies as a peer
Companies that benchmark against MTX
26 companies name MTX as a compensation peer
The list of companies that name MTX as a peer is temporarily unavailable — recheck shortly.
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
The companies Minerals Technologies names as compensation peers that name it back in their own disclosed peer groups.
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 | Element Solutions, Inc. | 2025 | Benjamin H. Gliklich | $1,087,500 | $23,688,894 | $0 | $1,520,947 | $26,480,462 |
| 2 | H.B. Fuller Company | 2025 | Celeste Mastin | 1,082,692 | 2,971,976 | 3,025,538 | 1,339,891 | 8,830,569 |
| 3 | Minerals Technologies | 2025 | Douglas Dietrich | 1,050,000 | 2,310,022 | 768,803 | 2,891,160 | 7,405,693 |
| 4 | Avient Corp. | 2025 | Ashish Khandpur | 1,128,269 | 3,763,159 | 0 | 753,777 | 5,818,257 |
| 5 | AdvanSix Inc. | 2025 | Erin Kane | 1,019,700 | 3,747,900 | 0 | 785,400 | 5,647,438 |
| 6 | Rayonier Advanced Materials, Inc. | 2025 | De Lyle Bloomquist | 1,000,000 | 2,649,975 | 0 | 1,363,438 | 5,138,573 |
| 7 | Ecovyst, Inc. | 2025 | Kurt Bitting | 750,000 | 3,347,752 | 0 | 804,000 | 4,992,440 |
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 |
|---|---|---|---|---|
| Minerals Technologies | not disclosed | not disclosed | not disclosed | FW Cook |
| AdvanSix Inc. | not disclosed | PSU 50 · RSU 50 | not disclosed | not disclosed |
| Avient Corp. | 51.6% | not disclosed | not disclosed | not disclosed |
| Ecovyst, Inc. | not disclosed | PSU 60 · RSU 40 | not disclosed | Willis Towers Watson |
| Element Solutions, Inc. | 126% | PRSU 67 · RSU 33 | No | FW Cook |
| H.B. Fuller Company | not disclosed | not disclosed | not disclosed | Willis Towers Watson US LLC |
| Rayonier Advanced Materials, Inc. | not disclosed | not disclosed | not disclosed | Frederick W. Cook & Co., Inc. |
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 | 2026-05-20 | 28,298,580 | 1,102,031 | 76,983 | 96.25% | Passed |
| 2025 | 2025-05-14 | 23,488,829 | 6,242,168 | 25,133 | 79% | Passed |
| 2024 | 2024-05-15 | 23,588,338 | 6,278,625 | 18,357 | 78.98% | Passed |
| 2022 | 2022-05-18 | 29,182,939 | 2,206,517 | 22,576 | 92.97% | Passed |
| 2021 | 2021-05-19 | 30,132,610 | 2,168,923 | 22,395 | 93.29% | Passed |
| 2020 | 2020-05-13 | 29,685,768 | 2,490,562 | 25,062 | 92.26% | 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 | 2026-05-20 | 96.25%a |
| 2025 | 2025-05-14 | 79%b |
| 2024 | 2024-05-15 | 78.98%c |
a. Approved under the standard stated in the filing — “Similarly, abstentions will be included in the calculation of the number of votes considered to be present for purposes of determining a quorum, but will have no effect on the outcome of the election of directors, the ratification of the appointment of our independent auditor, or the advisory vote to approve 2025 named executive officer compensation.”.
b. Approved under the standard stated in the filing — “Similarly, abstentions will be included in the calculation of the number of votes considered to be present for purposes of determining a quorum, but will have no effect on the outcome of the election of directors, the ratification of the appointment of our independent auditor, or the advisory vote to approve 2024 named executive officer compensation.”.
c. Approved under the standard stated in the filing — “Similarly, abstentions will be included in the calculation of the number of votes considered to be present for purposes of determining a quorum, but will have no effect on the outcome of the election of directors, the ratification of the appointment of our independent auditor, the advisory vote to approve 2023 named executive officer compensation, or the proposal to approve the amendment of the 2015 Stock Award and Incentive Plan.”.
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 (41 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, Douglas Dietrich. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table — 2025” · page 59. As printed: 7,405,693. View filing ↗
- Section 01, Brett Argirakis. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table — 2025”. As printed: 2,998,978. View filing ↗
- Section 01, D.J. Monagle III. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table — 2025”. As printed: 2,921,917. View filing ↗
- Section 01, Jonathan Hastings. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table — 2025”. As printed: 2,475,752. View filing ↗
- Section 01, Erik Aldag. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table — 2025”. As printed: 1,959,848. View filing ↗
- Section 03, Erik Aldag RSU. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Brett Argirakis RSU. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Douglas Dietrich RSU. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Erik Aldag OPTION. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Jonathan Hastings RSU. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Brett Argirakis OPTION. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Douglas Dietrich OPTION. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Jonathan Hastings OPTION. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 03, D.J. Monagle III RSU. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 03, D.J. Monagle III OPTION. DEF 14A, filed 2026-04-02. Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. View filing ↗
- Section 08, Robert L. Clark. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 288,918. View filing ↗
- Section 08, Marc E. Robinson. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 273,388. View filing ↗
- Section 08, John J. Carmola. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 268,852. View filing ↗
- Section 08, Joseph C. Breunig. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 263,499. View filing ↗
- Section 08, Franklin L. Feder. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 252,244. View filing ↗
- Section 08, Carolyn K. Pittman. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 250,439. View filing ↗
- Section 08, Alison A. Deans. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 246,628. View filing ↗
- Section 08, Rocky Motwani. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 244,991. View filing ↗
- Section 08, Kristina M. Johnson. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 244,050. View filing ↗
- Section 08, Douglas T. Dietrich. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-20. Item 5.07 · say-on-pay result. As reported: 96.25% (votes for as printed: 28,298,580). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-15. Item 5.07 · say-on-pay result. As reported: 79% (votes for as printed: 23,488,829). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-05-16. Item 5.07 · say-on-pay result. As reported: 78.98% (votes for as printed: 23,588,338). 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 955,000 + equity 1,305,000 + all other 73,009 = 2,333,009, summed across the director compensation table rows.
- Element Solutions, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Element Solutions, Inc.'s own proxy. As printed: 26,480,462. View filing ↗
- H.B. Fuller Company, Section 10b CEO total. DEF 14A, filed 2026-03-04. CEO total compensation as printed in H.B. Fuller Company's own proxy. As printed: 8,830,569. View filing ↗
- Minerals Technologies (subject), Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Minerals Technologies's own proxy. As printed: 7,405,693. View filing ↗
- Avient Corp., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Avient Corp.'s own proxy. As printed: 5,818,257. View filing ↗
- AdvanSix Inc., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in AdvanSix Inc.'s own proxy. As printed: 5,647,438. View filing ↗
- Rayonier Advanced Materials, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-30. CEO total compensation as printed in Rayonier Advanced Materials, Inc.'s own proxy. As printed: 5,138,573. View filing ↗
- Ecovyst, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in Ecovyst, Inc.'s own proxy. As printed: 4,992,440. View filing ↗
- Section 10a, AdvanSix Inc. reciprocity. DEF 14A. AdvanSix Inc. names Minerals Technologies in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Rayonier Advanced Materials, Inc. reciprocity. DEF 14A. Rayonier Advanced Materials, Inc. names Minerals Technologies in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Element Solutions, Inc. reciprocity. DEF 14A. Element Solutions, Inc. names Minerals Technologies in its own disclosed peer group (read from its most recent proxy). View filing ↗