Companies Preformed Line Products Co
Preformed Line Products (PLPC): executive pay, fiscal 2025
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CEO pay, last three years
- $1,945,776FY2023
- $2,951,584FY2024
- $3,287,390FY2025
CEO total pay was $3,287,390 in fiscal 2025, up from $2,951,584 in fiscal 2024.
FY2025: salary $725,004 · bonus $0 · stock awards $1,564,843 · option awards $0
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 |
|---|---|---|---|---|---|---|---|---|
| Robert Ruhlman | $1,000,008 | $0 | $2,158,435 | $0 | $1,100,009 | $0 | $735,328 | $4,993,779 |
| Executive Chairman | ||||||||
| Dennis McKenna | 725,004 | 0 | 1,564,843 | 0 | 725,004 | 0 | 272,539 | 3,287,390 |
| Chief Executive Officer | ||||||||
| J. Ryan Ruhlman | 560,004 | 0 | 604,344 | 0 | 560,004 | 0 | 238,438 | 1,962,790 |
| President | ||||||||
| Andrew Klaus | 460,008 | 0 | 496,524 | 0 | 460,008 | 0 | 167,593 | 1,584,133 |
| Chief Financial Officer | ||||||||
| John Hofstetter | 410,004 | 0 | 442,469 | 0 | 348,503 | 0 | 145,576 | 1,346,553 |
| Executive VP - U.S. Operations | ||||||||
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 |
|---|---|---|---|---|
| Robert Ruhlman | $4,993,779 | $4,661,904 | $4,891,381 | ↑ +331,875 |
| Dennis McKenna | 3,287,390 | 2,951,584 | 1,945,776 | ↑ +335,806 |
| J. Ryan Ruhlman | 1,962,790 | 1,732,915 | 1,377,243 | ↑ +229,875 |
| Andrew Klaus | 1,584,133 | 1,509,061 | 1,839,220 | ↑ +75,072 |
| John Hofstetter | 1,346,553 | 1,294,138 | 1,219,572 | ↑ +52,415 |
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 Committee's philosophy is to provide a compensation program that attracts, motivates, and retains key leadership members by ensuring a significant portion of compensation is directly tied to Company performance, aligning pay with short- and long-term business goals, and maintaining competitive levels within the employment environment.
| CEO STI target (% of salary) | NaN% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | not disclosed |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
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 |
|---|---|---|---|---|---|---|---|
| J. Ryan Ruhlman | PSU | 2025-02-05 | 693 | 1,387 | 1,386 | 2,773 | $604,344 |
| Robert G. Ruhlman | PSU | 2025-02-05 | 3,714 | 7,427 | — | 14,854 | 2,158,435 |
| Andrew Klaus | PSU | 2025-02-05 | 570 | 1,139 | 1,139 | 2,278 | 496,524 |
| John Hofstetter | PSU | 2025-02-05 | 508 | 1,015 | 1,015 | 2,030 | 442,469 |
| Dennis McKenna | PSU | 2025-02-05 | 2,692 | 5,385 | — | 10,769 | 1,564,843 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| J. Ryan Ruhlman | $0 | $604,344 | $0 | 100.0% |
| Robert G. Ruhlman | 0 | 2,158,435 | 0 | 100.0% |
| Andrew Klaus | 0 | 496,524 | 0 | 100.0% |
| John Hofstetter | 0 | 442,469 | 0 | 100.0% |
| Dennis McKenna | 0 | 1,564,843 | 0 | 100.0% |
% 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 |
|---|---|---|---|---|
| John Hofstetter | PSU | 8,005 | — | $1,654,714 |
| Andrew Klaus | PSU | 8,865 | — | 1,832,484 |
| Ruhlman | PSU | 10,084 | — | 2,084,464 |
| Dennis McKenna | PSU | 24,355 | — | 5,034,422 |
| Ruhlman | PSU | 44,165 | — | 9,129,347 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| David C. SunkleIndependent · Nominating | $86,875 | $43,132 | $0 | $0 | $62,829 | $192,837 |
| Matthew D. FrymierIndependent · Audit (Chair) · Compensation | 75,000 | 75,013 | 0 | 0 | 0 | 150,013 |
| R. Steven KestnerIndependent · Compensation (Chair) | 72,500 | 75,013 | 0 | 0 | 0 | 147,513 |
| Richard R. GascoigneIndependent · Audit · Nominating (Chair) | 70,000 | 75,013 | 0 | 0 | 0 | 145,013 |
| Glenn E. CorlettIndependent · Audit · Compensation | 65,000 | 75,013 | 0 | 0 | 0 | 140,013 |
| Maegan A. R. CrossIndependent · Nominating (Advisor) | 86,875 | 43,132 | 0 | 0 | 0 | 130,007 |
Board fee structure and ownership guideline
| Annual cash retainer | $45,000 |
|---|---|
| Annual equity retainer | $75,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 10,000 / 10,000 / 10,000 |
| Stock ownership guideline | $135,000 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $456,250 |
| Equity awards (grant-date value) | $386,316 |
| All other compensation | $62,829 |
| Total cost of the board | $905,395 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Preformed Line Products as a peer
Companies that benchmark against PLPC
9 companies name PLPC as a compensation peer
- ALLIENT INCALNTFY2025
- AMERICAN SUPERCONDUCTOR CORP /DE/AMSCFY2025
- BROADWIND, INC.BWENFY2025
- CECO ENVIRONMENTAL CORPCECOFY2024
- Clearfield, Inc.CLFDFY2025
- Hyliion Holdings Corp.HYLNFY2025
- Kimball Electronics, Inc.KEFY2026
- Nano Nuclear Energy Inc.NNEFY2025
- POWELL INDUSTRIES INCPOWLFY2025
- Thermon Group Holdings, Inc.THRFY2025
Each company listed discloses PLPC 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 PLPC 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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Preformed Line Products Co | 2025 | Dennis McKenna | $725,004 | $1,564,843 | $0 | $725,004 | $3,287,390 |
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 year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-04 | 3,862,989 | 11,841 | 24,812 | 99.69% | Passed |
| 2023 | 2023-05-09 | 4,037,288 | 93,749 | 41,062 | 97.73% | Passed |
| 2020 | 2020-05-05 | 4,127,215 | 145,237 | 8,511 | 96.6% | Passed |
| 2017 | 2017-05-09 | 2,174,558 | 738,874 | 629,223 | 74.64% | 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 | 2026-05-04 | 99.69%a |
| 2023 | 2023-05-09 | 97.73%b |
| 2020 | 2020-05-05 | 96.6%c |
a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted in favor of nor against any nominee and, therefore, have no effect on this proposal.”.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have the same effect as votes against the proposal.”.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted in favor of nor against any nominee and, therefore, have no effect on this proposal.”.
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) | 214 : 1 |
|---|---|
| CEO total compensation | $4,993,779 |
| Median employee compensation | $23,285 |
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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| John Hofstetter | Executive Vice President | 2026-06-08 | D | 3,446 | $358 | $1,235,219 | Common | Form 4 ↗ |
| Jon Ryan Ruhlman | Director | 2026-06-09 | A | 18,000 | 0 | 0 | Common | Form 4 ↗ |
| Maegan A. R. Cross | Director | 2026-06-09 | A | 18,000 | 0 | 0 | Common | Form 4 ↗ |
| Robert G. Ruhlman | Director | 2026-06-09 | D | 18,000 | 0 | 0 | Common | Form 4 ↗ |
| Robert G. Ruhlman | Director | 2026-06-09 | D | 18,000 | 0 | 0 | Common | Form 4 ↗ |
| Timothy O'Shaughnessy | V.P. Human Resources | 2026-06-10 | D | 750 | 361 | 270,683 | Common | Form 4 ↗ |
| Assaad A. Morcos | VP, US Manufacturing | 2026-06-10 | D | 1,000 | 361 | 360,910 | Common | Form 4 ↗ |
| John J. Olenik | VP-Research & Engineering | 2026-06-10 | D | 1,000 | 361 | 360,910 | Common | Form 4 ↗ |
| Assaad A. Morcos | VP, US Manufacturing | 2026-06-10 | A | 1,000 | 132 | 132,400 | Common | Form 4 ↗ |
| Assaad A. Morcos | VP, US Manufacturing | 2026-06-10 | D | 1,000 | 132 | 132,400 | Derivative, Class A Common | Form 4 ↗ |
| Jon Ryan Ruhlman | Director | 2026-06-11 | D | 1,000 | 361 | 360,680 | Common | Form 4 ↗ |
| Andrew Klaus | CFO | 2026-06-12 | D | 635 | 362 | 230,010 | Common | Form 4 ↗ |
| Randall M. Ruhlman | Greater-than-10% holder | 2026-08-03 | D | 9,121 | 358 | 3,266,686 | Common | Form 4 ↗ |
| Randall M. Ruhlman | Greater-than-10% holder | 2026-08-03 | A | 9,121 | 358 | 3,266,686 | Common | Form 4 ↗ |
| Glenn E. Corlett | Director | 2026-08-05 | D | 2,000 | 457 | 914,040 | Common | Form 4 ↗ |
| Randall M. Ruhlman | Greater-than-10% holder | 2026-09-04 | D | 142 | 400 | 56,806 | Common | Form 4 ↗ |
| Randall M. Ruhlman | Greater-than-10% holder | 2026-09-08 | D | 5,000 | 408 | 2,038,900 | Common | Form 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 (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, Robert Ruhlman. DEF 14A, filed 2026-03-20. Section “Executive Compensation”. As printed: 4,993,779. View filing ↗
- Section 01, Dennis McKenna. DEF 14A, filed 2026-03-20. Section “Executive Compensation”. As printed: 3,287,390. View filing ↗
- Section 01, J. Ryan Ruhlman. DEF 14A, filed 2026-03-20. Section “Executive Compensation”. As printed: 1,962,790. View filing ↗
- Section 01, Andrew Klaus. DEF 14A, filed 2026-03-20. Section “Executive Compensation”. As printed: 1,584,133. View filing ↗
- Section 01, John Hofstetter. DEF 14A, filed 2026-03-20. Section “Executive Compensation”. As printed: 1,346,553. View filing ↗
- Section 03, J. Ryan Ruhlman PSU. DEF 14A, filed 2026-03-20. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Robert G. Ruhlman PSU. DEF 14A, filed 2026-03-20. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Andrew Klaus PSU. DEF 14A, filed 2026-03-20. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, John Hofstetter PSU. DEF 14A, filed 2026-03-20. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Dennis McKenna PSU. DEF 14A, filed 2026-03-20. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-20. Section “CEO Pay Ratio”. As printed: 214 : 1. View filing ↗
- Section 08, David C. Sunkle. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 192,837. View filing ↗
- Section 08, Matthew D. Frymier. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 150,013. View filing ↗
- Section 08, R. Steven Kestner. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 147,513. View filing ↗
- Section 08, Richard R. Gascoigne. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 145,013. View filing ↗
- Section 08, Glenn E. Corlett. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 140,013. View filing ↗
- Section 08, Maegan A. R. Cross. DEF 14A, filed 2026-03-20. Section “Director Compensation”. As printed: 130,007. View filing ↗
- Section 02, John Hofstetter 2026-06-08. Form 4, filed 2026-06-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Jon Ryan Ruhlman 2026-06-09. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Maegan A. R. Cross 2026-06-09. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert G. Ruhlman 2026-06-09. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert G. Ruhlman 2026-06-09. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Timothy O'Shaughnessy 2026-06-10. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Assaad A. Morcos 2026-06-10. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John J. Olenik 2026-06-10. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Assaad A. Morcos 2026-06-10. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Assaad A. Morcos 2026-06-10. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Jon Ryan Ruhlman 2026-06-11. Form 4, filed 2026-06-11. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Andrew Klaus 2026-06-12. Form 4, filed 2026-06-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Randall M. Ruhlman 2026-08-03. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Randall M. Ruhlman 2026-08-03. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Glenn E. Corlett 2026-08-05. Form 4, filed 2026-08-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Randall M. Ruhlman 2026-09-04. Form 4, filed 2026-09-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Randall M. Ruhlman 2026-09-08. Form 4, filed 2026-09-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-04. Item 5.07 · say-on-pay result. As reported: 99.69% (votes for as printed: 3,862,989). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-05-11. Item 5.07 · say-on-pay result. As reported: 97.73% (votes for as printed: 4,037,288). View filing ↗
- Section 06, 2020 vote. Form 8-K, filed 2020-05-07. Item 5.07 · say-on-pay result. As reported: 96.6%. 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 456,250 + equity 386,316 + all other 62,829 = 905,395, summed across the director compensation table rows.
- Preformed Line Products Co (subject), Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Preformed Line Products Co's own proxy. As printed: 3,287,390. View filing ↗