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Companies AA

AA (AA): executive pay, fiscal 2025

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Compensation figures for fiscal year 2025 are temporarily unavailable — recheck shortly.

Executives and directors

Frequently asked questions

Who was the highest-paid executive at AA in fiscal 2025?
AA's highest-paid executive for fiscal 2025 is temporarily unavailable.
How does AA's chief executive pay compare to its disclosed peer group?
The chief executive's pay percentile against AA's disclosed peer group is temporarily unavailable.
What is AA's CEO-to-median employee pay ratio?
AA's CEO-to-median employee pay ratio is temporarily unavailable.
How did shareholders vote on AA's executive compensation?
The shareholder vote on AA's executive compensation is temporarily unavailable.
How much does AA spend in total on board compensation for fiscal 2025?
AA's total board compensation for fiscal 2025 is temporarily unavailable.

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

No Summary Compensation Table is on file for fiscal year 2025.

Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

No outstanding equity awards are on file for this fiscal year.

Director compensation

No director compensation table is on file for fiscal year 2025.

Board fee structure and ownership guideline

Annual cash retainer$130,000
Annual equity retainer$160,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)27,500 / 20,000 / 20,000
Stock ownership guideline$750,000
Peer group, and who names AA as a peer

Companies that benchmark against AA

The list of companies that name AA 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 AA 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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Eastman Chemical Company2025Mark Costa$1,406,958$12,682,200$3,278,151$987,000$19,498,966
2Cleveland-Cliffs Inc.2025Lourenco Goncalves2,201,00012,874,37403,345,52019,023,041
3Ecolab Inc.2025Christophe Beck1,390,0817,228,1014,566,9163,383,18317,404,935
4Packaging Corporation of America2025Mark Kowlzan1,539,39611,484,12303,100,70016,992,255
5Newmont Corporation2025Tom Palmer1,435,00010,094,35103,339,60415,625,168
6Nucor Corporation2025Leon J. Topalian1,560,0008,895,2732,000,0002,486,20314,945,471
7PPG Industries Inc.2025Timothy Knavish1,300,0007,333,5423,666,6901,924,00014,885,022
8International Paper Company2025Andrew Silvernail1,000,00012,174,81801,318,50014,838,324
9Freeport-McMoRan Inc.2025Kathleen Quirk1,400,00011,631,59001,400,70014,808,126
10Huntsman Corporation2025Peter R. Huntsman1,334,12510,513,39301,329,56114,666,623
11Reliance, Inc.2025Karla Lewis1,325,0007,653,35002,072,30013,374,389
12Steel Dynamics, Inc.2025Mark Millett1,535,0005,095,406—5,372,50012,059,908
13Air Products and Chemicals, Inc.2025Eduardo Menezes810,84610,918,5010011,809,287
14Celanese Corporation2025Scott Richardson—5,249,9582,249,9901,342,62510,137,072
15Commercial Metals Company2025Peter Matt1,084,6165,505,80501,322,5308,022,901
—United States Steel Corporation——————not in coverage universe

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

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
AAnot disclosednot disclosednot disclosednot disclosed
Air Products and Chemicals, Inc.not disclosednot disclosednot disclosednot disclosed
Celanese Corporationnot disclosednot disclosednot disclosednot disclosed
Cleveland-Cliffs Inc.not disclosednot disclosednot disclosednot disclosed
Commercial Metals Companynot disclosednot disclosednot disclosednot disclosed
Eastman Chemical Companynot disclosednot disclosednot disclosednot disclosed
Ecolab Inc.not disclosednot disclosednot disclosednot disclosed
Freeport-McMoRan Inc.not disclosednot disclosednot disclosednot disclosed
Huntsman Corporationnot disclosednot disclosednot disclosednot disclosed
International Paper Companynot disclosednot disclosednot disclosednot disclosed
Newmont Corporationnot disclosednot disclosednot disclosednot disclosed
Nucor Corporationnot disclosednot disclosednot disclosednot disclosed
Packaging Corporation of Americanot disclosednot disclosednot disclosednot disclosed
PPG Industries Inc.not disclosednot disclosednot disclosednot disclosed
Reliance, Inc.not disclosednot disclosednot disclosednot disclosed
Steel Dynamics, Inc.not disclosednot disclosednot disclosednot disclosed
United States Steel Corporationnot disclosednot disclosednot disclosednot disclosed

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

Say-on-pay vote history is temporarily unavailable — recheck shortly.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (19 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.

  • Eastman Chemical Company, Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Eastman Chemical Company's own proxy. As printed: 19,498,966. View filing ↗
  • Cleveland-Cliffs Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Cleveland-Cliffs Inc.'s own proxy. As printed: 19,023,041. View filing ↗
  • Ecolab Inc., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Ecolab Inc.'s own proxy. As printed: 17,404,935. View filing ↗
  • Packaging Corporation of America, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Packaging Corporation of America's own proxy. As printed: 16,992,255. View filing ↗
  • Newmont Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Newmont Corporation's own proxy. As printed: 15,625,168. View filing ↗
  • Nucor Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Nucor Corporation's own proxy. As printed: 14,945,471. View filing ↗
  • PPG Industries Inc., Section 10b CEO total. DEF 14A, filed 2026-03-05. CEO total compensation as printed in PPG Industries Inc.'s own proxy. As printed: 14,885,022. View filing ↗
  • International Paper Company, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in International Paper Company's own proxy. As printed: 14,838,324. View filing ↗
  • Freeport-McMoRan Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Freeport-McMoRan Inc.'s own proxy. As printed: 14,808,126. View filing ↗
  • Huntsman Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-16. CEO total compensation as printed in Huntsman Corporation's own proxy. As printed: 14,666,623. View filing ↗
  • Reliance, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Reliance, Inc.'s own proxy. As printed: 13,374,389. View filing ↗
  • Steel Dynamics, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Steel Dynamics, Inc.'s own proxy. As printed: 12,059,908. View filing ↗
  • Air Products and Chemicals, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-11. CEO total compensation as printed in Air Products and Chemicals, Inc.'s own proxy. As printed: 11,809,287. View filing ↗
  • Celanese Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-04. CEO total compensation as printed in Celanese Corporation's own proxy. As printed: 10,137,072. View filing ↗
  • Commercial Metals Company, Section 10b CEO total. DEF 14A, filed 2025-11-25. CEO total compensation as printed in Commercial Metals Company's own proxy. As printed: 8,022,901. View filing ↗
  • Section 10a, Commercial Metals Company reciprocity. DEF 14A. Commercial Metals Company names AA in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Reliance, Inc. reciprocity. DEF 14A. Reliance, Inc. names AA in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Cleveland-Cliffs Inc. reciprocity. DEF 14A. Cleveland-Cliffs Inc. names AA in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Steel Dynamics, Inc. reciprocity. DEF 14A. Steel Dynamics, Inc. names AA in its own disclosed peer group (read from its most recent proxy). View filing ↗
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