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Companies Atkore Inc.

Atkore (ATKR): executive pay, fiscal 2025

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CEO total pay$8,692,232CEO William Waltz Jr. · source
Say-on-pay support97.6%Latest vote · source
CEO vs. named peers30th pct.Of 10 peer CEOs
CEO pay ratio167:1To the median employee · source

CEO pay, last three years

  • $6,938,256FY2023
  • $8,031,015FY2024
  • $8,692,232FY2025

CEO total pay was $8,692,232 in fiscal 2025, up from $8,031,015 in fiscal 2024.

FY2025: salary $1,100,000 · bonus $0 · stock awards $6,599,894 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Atkore Inc. in fiscal 2025?
As disclosed, William Waltz Jr. (President & Chief Executive Officer) was the highest-paid executive at Atkore Inc. in fiscal 2025, with total compensation of $8,692,232.
How does Atkore Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, William Waltz Jr.'s total compensation ranked at the 30th percentile of Atkore Inc.'s disclosed peer group.
What is Atkore Inc.'s CEO-to-median employee pay ratio?
As disclosed, Atkore Inc.'s CEO-to-median employee pay ratio was 167:1.
How did shareholders vote on Atkore Inc.'s executive compensation?
As disclosed, 97.6% of shareholders supported Atkore Inc.'s executive compensation in the latest say-on-pay vote.
How much does Atkore Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Atkore Inc. reported total board compensation of $2,346,268 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
William Waltz Jr.$1,100,000$0$6,599,894$0$856,940$0$135,398$8,692,232
President & Chief Executive Officer
John Pregenzer603,84601,999,9440333,740068,7523,006,282
BU President, Electrical
Mark Lamps546,92301,300,0020290,076055,6082,192,609
BU President, Safety & Infrastructure
John Deitzer525,76901,200,0270276,233031,2502,033,279
Vice President & Chief Financial Officer
Daniel Kelly546,1540999,9730266,789057,3931,870,309
Vice President, General Counsel & Corporate Secretary

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
William Waltz Jr.$8,692,232$8,031,015$6,938,256↑ +661,217
John Pregenzer3,006,2822,017,7481,827,905↑ +988,534
Mark Lamps2,192,6091,798,6641,635,384↑ +393,945
John Deitzer2,033,279763,864—↑ +1,269,415
Daniel Kelly1,870,3091,653,8651,520,915↑ +216,444

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 compensation program is designed to reward performance and align executive interests with stockholders by targeting total compensation at the median of the business markets in which the company participates. It emphasizes a pay-for-performance model where a significant portion of compensation is at-risk and tied to corporate, business unit, and individual performance metrics such as Adjusted EBITDA, working capital, and net income.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Daniel KellyRSU2024-11-18——4,549—$399,994
John DeitzerRSU2024-11-18——5,459—480,010
Daniel KellyPSU2024-11-182,8575,713—11,426599,979
Mark LampsPSU2024-11-183,7147,427—14,854779,984
John PregenzerRSU2025-02-01——7,367—599,968
John PregenzerPSU2024-11-183,9997,998—15,996839,950
John PregenzerRSU2024-11-18——6,369—560,026
William Waltz Jr.PSU2024-11-1818,85337,706—75,4123,959,884
William Waltz Jr.RSU2024-11-18——30,024—2,640,010
Mark LampsRSU2024-11-18——5,914—520,018
John DeitzerPSU2024-11-183,4286,856——720,017

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Daniel Kelly$399,994$599,979$060.0%
John Deitzer480,010720,017060.0%
Mark Lamps520,018779,984060.0%
John Pregenzer1,159,994839,950042.0%
William Waltz Jr.2,640,0103,959,884060.0%

% 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
John DeitzerRSU303—$19,010
John DeitzerRSU472—29,642
Daniel KellyRSU653—40,984
Mark LampsRSU758—47,556
John PregenzerRSU842—52,840
Daniel KellyOption1,195101.66—
John DeitzerRSU1,224—76,794
Mark LampsOption1,388101.66—
John PregenzerOption1,542101.66—
Daniel KellyRSU1,783—111,867
Mark LampsRSU2,308—144,796
John PregenzerRSU2,517—157,942
William Waltz Jr.RSU4,210—264,138
Daniel KellyRSU4,638—290,987
John DeitzerRSU5,566—349,198
Mark LampsRSU6,030—378,303
John PregenzerRSU6,494—407,408
Daniel KellyRSU6,931—434,851
John PregenzerRSU7,484—469,559
William Waltz Jr.Option7,708101.66—
Mark LampsRSU8,969—562,715
John PregenzerRSU9,784—613,848
Daniel KellyRSU11,650—730,890
William Waltz Jr.RSU12,587—789,708
John DeitzerRSU13,980—877,120
Mark LampsRSU15,145—950,170
John PregenzerRSU16,309—1,023,221
William Waltz Jr.RSU30,611—1,920,554
William Waltz Jr.RSU48,916—3,068,990
William Waltz Jr.RSU76,887—4,823,902
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael V. SchrockIndependent · Executive (Chair)$250,000$150,008——$2,076$402,084
Jeri L. IsbellIndependent · HR Compensation · Nominating Governance (Chair) · Executive115,000150,008——34,297299,305
Justin A. KershawIndependent · Audit · HR Compensation (Chair) · Executive115,000150,008——22,813287,821
Betty R. WynnIndependent · Audit · Nominating Governance120,000150,008——14,784284,792
Scott H. MuseIndependent · Audit · Nominating Governance100,000150,008——31,834281,842
Wilbert W. JamesIndependent · Audit · Nominating Governance100,000150,008——20,847270,855
A. Mark ZeffiroIndependent · Audit (Chair) · HR Compensation · Executive100,000150,008——16,525266,533
B. Joanne EdwardsIndependent · HR Compensation · Nominating Governance100,000150,008——3,028253,036

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$150,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 15,000
Stock ownership guidelineWe believe that our compensation programs align the compensation of our executives with the interests of our stockholders while managing compensation risk, including through stock ownership guidelines

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,000,000
Equity awards (grant-date value)$1,200,064
All other compensation$146,204
Total cost of the board$2,346,268

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

Peer group, and who names Atkore as a peer

Companies that benchmark against ATKR

6 companies name ATKR as a compensation peer

Each company listed discloses ATKR 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 ATKR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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 Atkore Inc. 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
1EnerSys2026David Shaffer$154,015$7,704,816$5,988,878$258,798$14,288,481
2Acuity Brands, Inc.2025Neil Ashe1,000,0008,576,92801,512,00012,500,683
3Carlisle Companies Incorporated2025D. Christian Koch1,493,0006,376,9292,612,603011,359,438
4Flowserve Corporation2025R. Scott Rowe1,236,5387,245,11401,901,25010,914,232
5Crane Holdings, Co.2025Max Mitchell1,244,2315,480,7381,562,5061,840,20010,518,852
6Hubbell Inc.2025Gerben Bakker1,146,9235,526,1001,838,7541,330,60010,346,752
7Generac Holdings2025Aaron Jagdfeld1,090,5485,250,1851,750,006683,2868,809,765
8Atkore Inc.2025William Waltz Jr.1,100,0006,599,8940856,9408,692,232
9Lennox International Inc.2025Alok Maskara1,176,2504,500,4961,149,8801,329,6048,434,155
10Jeld-WEN Holdings, Inc.2025William Christensen1,060,7842,300,8902,284,066621,4736,283,343
11A.O. Smith Corporation2025Stephen Shafer965,7502,678,04401,068,0004,960,450

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
Atkore Inc.not disclosedPSU 60 · RSU 40not disclosedFW Cook
A.O. Smith Corporation98.3%RSU 50 · Cash LTI 35 · PSU 15NoWillis Towers Watson (WTW)
Acuity Brands, Inc.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 25Yes — Relative TSR (rTSR)Exequity
Carlisle Companies Incorporatednot disclosedPSU 33 · RSU 33 · Options 33NoWillis Towers Watson
Crane Holdings, Co.122.7%PSU 55 · Options 25 · RSU 20NoFrederic W. Cook & Co., Inc.
EnerSys141.5%Options 50 · RSU 50not disclosedFrederic W. Cook & Co., Inc.
Flowserve Corporation117%not disclosedYes — relative Total Shareholder Return (rTSR)F.W. Cook
Generac Holdings46%PSU 67 · RSU 33NoPay Governance
Hubbell Inc.not disclosedPSU 50 · Options 25 · RSU 25NoExequity LLP
Jeld-WEN Holdings, Inc.42%PSU 50 · RSU 25 · Options 25NoPay Governance
Lennox International Inc.90%PSU 50 · RSU 30 · SAR 20NoMeridian Compensation Partners

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 yearMeeting dateForAgainstAbstainSupportOutcome
20262026-01-2927,868,731607,93475,95497.6%Passed
20252025-01-3027,180,9491,118,17822,06596.05%Passed
20242024-01-3029,794,4231,867,83467,32694.1%Passed
20232023-01-2732,719,7281,852,46068,55794.64%Passed
20222022-01-2737,177,4162,140,85553,90494.56%Passed
20212021-01-2840,109,0941,026,759399,09597.5%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
20262026-01-2997.6%a
20252025-01-3096.05%b
20242024-01-3094.1%c

a. Approved under the standard stated in the filing — “For Proposals 2, and 3 an abstention will have the effect of a vote against the proposal.”.

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)167 : 1
CEO total compensation$8,692,232
Median employee compensation$52,030
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (43 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, William Waltz Jr.. DEF 14A, filed 2025-12-12. Section “Executive Compensation Tables” · page 39. As printed: 8,692,232. View filing ↗
  • Section 01, John Pregenzer. DEF 14A, filed 2025-12-12. Section “Executive Compensation Tables” · page 39. As printed: 3,006,282. View filing ↗
  • Section 01, Mark Lamps. DEF 14A, filed 2025-12-12. Section “Executive Compensation Tables” · page 39. As printed: 2,192,609. View filing ↗
  • Section 01, John Deitzer. DEF 14A, filed 2025-12-12. Section “Executive Compensation Tables” · page 39. As printed: 2,033,279. View filing ↗
  • Section 01, Daniel Kelly. DEF 14A, filed 2025-12-12. Section “Executive Compensation Tables” · page 39. As printed: 1,870,309. View filing ↗
  • Section 03, Daniel Kelly RSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Deitzer RSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Daniel Kelly PSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mark Lamps PSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Pregenzer RSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Pregenzer PSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Pregenzer RSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, William Waltz Jr. PSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, William Waltz Jr. RSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mark Lamps RSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Deitzer PSU. DEF 14A, filed 2025-12-12. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2025-12-12. Section “CEO Pay Ratio”. As printed: 167 : 1. View filing ↗
  • Section 08, Michael V. Schrock. DEF 14A, filed 2025-12-12. Section “Director Compensation”. As printed: 402,084. View filing ↗
  • Section 08, Jeri L. Isbell. DEF 14A, filed 2025-12-12. Section “Director Compensation”. As printed: 299,305. View filing ↗
  • Section 08, Justin A. Kershaw. DEF 14A, filed 2025-12-12. Section “Director Compensation”. As printed: 287,821. View filing ↗
  • Section 08, Betty R. Wynn. DEF 14A, filed 2025-12-12. Section “Director Compensation”. As printed: 284,792. View filing ↗
  • Section 08, Scott H. Muse. DEF 14A, filed 2025-12-12. Section “Director Compensation”. As printed: 281,842. View filing ↗
  • Section 08, Wilbert W. James. DEF 14A, filed 2025-12-12. Section “Director Compensation”. As printed: 270,855. View filing ↗
  • Section 08, A. Mark Zeffiro. DEF 14A, filed 2025-12-12. Section “Director Compensation”. As printed: 266,533. View filing ↗
  • Section 08, B. Joanne Edwards. DEF 14A, filed 2025-12-12. Section “Director Compensation”. As printed: 253,036. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-02-02. Item 5.07 · say-on-pay result. As reported: 97.6% (votes for as printed: 27,868,731). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-01-31. Item 5.07 · say-on-pay result. As reported: 96.05% (votes for as printed: 27,180,949). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-01-31. Item 5.07 · say-on-pay result. As reported: 94.1% (votes for as printed: 29,794,423). 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 1,000,000 + equity 1,200,064 + all other 146,204 = 2,346,268, summed across the director compensation table rows.
  • EnerSys, Section 10b CEO total. DEF 14A, filed 2026-07-02. CEO total compensation as printed in EnerSys's own proxy. As printed: 14,288,481. View filing ↗
  • Acuity Brands, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-11. CEO total compensation as printed in Acuity Brands, Inc.'s own proxy. As printed: 12,500,683. View filing ↗
  • Carlisle Companies Incorporated, Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Carlisle Companies Incorporated's own proxy. As printed: 11,359,438. View filing ↗
  • Flowserve Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Flowserve Corporation's own proxy. As printed: 10,914,232. View filing ↗
  • Crane Holdings, Co., Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Crane Holdings, Co.'s own proxy. As printed: 10,518,852. View filing ↗
  • Hubbell Inc., Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Hubbell Inc.'s own proxy. As printed: 10,346,752. View filing ↗
  • Generac Holdings, Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Generac Holdings's own proxy. As printed: 8,809,765. View filing ↗
  • Atkore Inc. (subject), Section 10b CEO total. DEF 14A, filed 2025-12-12. CEO total compensation as printed in Atkore Inc.'s own proxy. As printed: 8,692,232. View filing ↗
  • Lennox International Inc., Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Lennox International Inc.'s own proxy. As printed: 8,434,155. View filing ↗
  • Jeld-WEN Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Jeld-WEN Holdings, Inc.'s own proxy. As printed: 6,283,343. View filing ↗
  • A.O. Smith Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-04. CEO total compensation as printed in A.O. Smith Corporation's own proxy. As printed: 4,960,450. View filing ↗
  • Section 10a, EnerSys reciprocity. DEF 14A. EnerSys names Atkore Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
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