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Companies CONSTELLIUM SE

CONSTELLIUM (CSTM): executive pay, fiscal 2025

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CEO total pay$4,318,593CEO Ingrid Joerg · source
Say-on-pay support93.24%Latest vote · source
CEO vs. named peers1st pct.Of 15 peer CEOs

CEO pay, last three years

  • $4,208,709FY2023
  • $2,774,033FY2024
  • $4,318,593FY2025

CEO total pay was $4,318,593 in fiscal 2025, up from $2,774,033 in fiscal 2024.

FY2025: salary $1,049,408 · bonus $0 · stock awards $1,612,083 · option awards $0

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Executives and directors

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jean-Marc Germain$1,115,000$0$26,354,236$0$2,341,500$0$361,123$30,171,859
Former Chief Executive Officer
Ingrid Joerg1,049,40801,612,08301,416,701108,403131,9974,318,593
Chief Executive Officer
Jack Guo540,00002,095,6860729,0000141,1113,505,797
Executive Vice President, Chief Financial Officer
Philippe Hoffmann696,59501,289,6540888,159140,55279,6713,094,631
President, A&T
Ryan Jurkovic544,00001,088,1480530,4000157,4052,319,954
Chief Human Resources 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
Jean-Marc Germain$30,171,859$8,881,752$9,962,993↑ +21,290,107
Ingrid Joerg4,318,5932,774,0334,208,709↑ +1,544,560
Jack Guo3,505,7972,187,1672,206,475↑ +1,318,630
Philippe Hoffmann3,094,6312,195,4632,722,494↑ +899,168
Ryan Jurkovic2,319,9541,683,6061,993,463↑ +636,348

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

Our executive compensation philosophy rests on four pillars: 1) Total Compensation Approach, 2) Differentiated Pay Based on Performance and Value Creation, 3) Market Competitiveness, and 4) Well-conceived Pay Positioning.

CEO STI target (% of salary)—
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
Jack GuoPSU2025-03-1321,87587,501—175,002$1,564,518
Ryan JurkovicRSU2025-03-13——23,177—275,806
Ingrid JoergPSU2025-03-1316,82767,309—134,6181,203,485
Jean-Marc GermainRSU2025-03-13——171,678—2,042,968
Jean-Marc GermainRSU2025-10-27——300,800—4,731,584
Jean-Marc GermainPSU2025-03-1384,136336,543—673,0866,017,389
Jean-Marc GermainPSU2025-10-27147,416589,665—1,179,33013,562,295
Jack GuoRSU2025-03-13——44,636—531,168
Philippe HoffmannRSU2025-03-13——27,468—326,869
Philippe HoffmannPSU2025-03-1313,46253,847—107,694962,784
Ingrid JoergRSU2025-03-13——34,336—408,598
Ryan JurkovicPSU2025-03-1311,35845,433—90,866812,342

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jack Guo$531,168$1,564,518$074.7%
Ryan Jurkovic275,806812,342074.7%
Ingrid Joerg408,5981,203,485074.7%
Jean-Marc Germain6,774,55219,579,684074.3%
Philippe Hoffmann326,869962,784074.7%

% 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
Ryan JurkovicRSU12,312—$232,081
Philippe HoffmannRSU14,680—276,718
Ryan JurkovicRSU15,119—284,993
Ingrid JoergRSU16,101—303,504
Ingrid JoergRSU18,143—341,996
Philippe HoffmannRSU18,143—341,996
Jack GuoRSU18,942—357,057
Jack GuoRSU19,352—364,785
Ryan JurkovicPSU23,177—436,886
Ryan JurkovicRSU24,136—454,964
Philippe HoffmannPSU27,468—517,772
Philippe HoffmannRSU28,777—542,446
Ryan JurkovicRSU29,638—558,676
Ingrid JoergRSU31,562—594,944
Ingrid JoergPSU34,336—647,234
Ingrid JoergRSU35,566—670,419
Philippe HoffmannRSU35,566—670,419
Jack GuoRSU37,132—699,938
Jack GuoRSU37,937—715,112
Jack GuoPSU44,636—841,389
Ryan JurkovicRSU45,433—856,412
Philippe HoffmannRSU53,847—1,015,016
Ingrid JoergRSU56,301—1,061,274
Ingrid JoergRSU67,309—1,268,775
Jack GuoRSU87,501—1,649,394
Jean-Marc GermainRSU89,448—1,686,095
Jean-Marc GermainPSU104,914—1,977,629
Jean-Marc GermainRSU106,438—2,006,356
Jean-Marc GermainRSU175,347—3,305,291
Jean-Marc GermainRSU205,665—3,876,785
Jean-Marc GermainRSU208,653—3,933,109
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jean-Christophe DeslarzesIndependent · Board Chair · Human Resources · Nominating and Governance · Compensation · Board of Directors (Chair)$168,370———$190,000$358,370
Lori A. WalkerIndependent · Audit · Nominating and Governance137,860———110,000247,860
Martha BrooksIndependent · Human Resources (Chair) · Safety and Sustainability · Compensation (Chair)128,820———110,000238,820
John OrmerodIndependent · Audit · Nominating and Governance (Chair)127,690———110,000237,690
Michiel BrandjesIndependent · Nominating and Governance · Safety and Sustainability (Chair)123,170———110,000233,170
Isabelle Boccon-GibodIndependent · Audit · Nominating and Governance115,260———110,000225,260
Jean-Philippe PuigIndependent · Human Resources · Safety and Sustainability · Compensation111,870———110,000221,870
Bradley SoultzIndependent · Human Resources · Compensation63,982———65,349129,331
Wiebke WeilerEmployee director00———0
Emmanuel BlotNot independent · Safety and Sustainability00———0
Jean Francois VerdierEmployee director00———0
Ingrid JoergEmployee director · Newly elected—————0

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$110,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 11,000
Stock ownership guideline$400,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$977,022
Equity awards (grant-date value)$0
All other compensation$915,349
Total cost of the board$1,892,371

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

Peer group, and who names CONSTELLIUM as a peer

Companies that benchmark against CSTM

No companies currently name CSTM as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

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

Of the companies CONSTELLIUM SE names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including CONSTELLIUM SE.

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
1Cleveland-Cliffs Inc.2025Lourenco Goncalves$2,201,000$12,874,374$0$3,345,520$19,023,041
2Ryerson Holding Corp.2025Edward Lehner1,200,00016,127,6000451,50017,857,908
3Crown Holdings, Inc.2025Timothy Donahue1,450,0008,627,475—4,205,00017,501,363
4Thor Industries, Inc.2025Robert Martin750,0007,149,00506,692,53014,613,718
5Alcoa Corporation2025William Oplinger1,298,9259,899,06902,314,68414,002,088
6ATI Inc.2025Kimberly Fields950,00010,051,70002,295,79413,512,737
7Reliance, Inc.2025Karla Lewis1,325,0007,653,35002,072,30013,374,389
8Steel Dynamics, Inc.2025Mark Millett1,535,0005,095,406—5,372,50012,059,908
9Commercial Metals Co.2025Peter Matt1,084,6165,505,80501,322,5308,022,901
10Kaiser Aluminum Corp.2025Keith Harvey1,000,0004,212,18802,127,5007,914,836
11Century Aluminum Co.2025Jesse Gary980,3853,827,93101,636,8007,166,252
12Worthington Enterprises, Inc.2026Joseph Hayek784,1352,482,43501,778,7005,192,043
13Schnitzer Steel Industries, Inc.2024Tamara Lundgren1,200,7663,348,7910143,5404,912,875
14CONSTELLIUM SE2025Ingrid Joerg1,049,4081,612,08301,416,7014,318,593
—Novelis Inc.——————not in coverage universe
—Arconic Corp.——————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
CONSTELLIUM SEnot disclosednot disclosednot disclosednot disclosed
Alcoa Corporation118.8%PSU 60 · RSU 40Yes — Relative TSRPay Governance
Arconic Corp.not disclosednot disclosednot disclosednot disclosed
ATI Inc.not disclosedPSU 70 · RSU 30not disclosedMeridian Compensation Partners, LLC
Century Aluminum Co.not disclosednot disclosednot disclosedFrederic W. Cook & Co., Inc.
Cleveland-Cliffs Inc.not disclosedPerformance Cash 34 · PSU 33 · RSU 33not disclosedPearl Meyer & Partners, LLC
Commercial Metals Co.not disclosednot disclosednot disclosedFW Cook
Crown Holdings, Inc.200%PSU 67 · RSU 33NoNot determinable from source text
Kaiser Aluminum Corp.not disclosednot disclosednot disclosedMeridian
Novelis Inc.not disclosednot disclosednot disclosednot disclosed
Reliance, Inc.156.4%PSU 80 · RSU 20NoPay Governance LLC
Ryerson Holding Corp.30%PSU 67 · RSU 33NoCompensation Advisory Partners (CAP)
Schnitzer Steel Industries, Inc.not disclosedRSU 50 · PSU 50not disclosedPearl Meyer
Steel Dynamics, Inc.350%PSU 53 · RSU 47NoPearl Meyer & Partners, LLC
Thor Industries, Inc.not disclosedRSU 50 · PSU 50not disclosedWTW
Worthington Enterprises, Inc.not disclosednot disclosednot disclosedWTW

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
20262026-05-2179,852,6015,788,96212,702,29393.24%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
20262026-05-2193.24%a

a. 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.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (60 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, Jean-Marc Germain. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 30,171,859. View filing ↗
  • Section 01, Ingrid Joerg. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 4,318,593. View filing ↗
  • Section 01, Jack Guo. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 3,505,797. View filing ↗
  • Section 01, Philippe Hoffmann. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 3,094,631. View filing ↗
  • Section 01, Ryan Jurkovic. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 2,319,954. View filing ↗
  • Section 03, Jack Guo PSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Ryan Jurkovic RSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Ingrid Joerg PSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jean-Marc Germain RSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jean-Marc Germain RSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jean-Marc Germain PSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jean-Marc Germain PSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jack Guo RSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Philippe Hoffmann RSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Philippe Hoffmann PSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Ingrid Joerg RSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Ryan Jurkovic PSU. DEF 14A, filed 2026-04-10. Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 08, Jean-Christophe Deslarzes. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 358,370. View filing ↗
  • Section 08, Lori A. Walker. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 247,860. View filing ↗
  • Section 08, Martha Brooks. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 238,820. View filing ↗
  • Section 08, John Ormerod. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 237,690. View filing ↗
  • Section 08, Michiel Brandjes. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 233,170. View filing ↗
  • Section 08, Isabelle Boccon-Gibod. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 225,260. View filing ↗
  • Section 08, Jean-Philippe Puig. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 221,870. View filing ↗
  • Section 08, Bradley Soultz. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 129,331. View filing ↗
  • Section 08, Wiebke Weiler. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Emmanuel Blot. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Jean Francois Verdier. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Ingrid Joerg. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-21. Item 5.07 · say-on-pay result. As reported: 93.24% (votes for as printed: 79,852,601). 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 977,022 + equity 0 + all other 915,349 = 1,892,371, summed across the director compensation table rows.
  • 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 ↗
  • Ryerson Holding Corp., Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in Ryerson Holding Corp.'s own proxy. As printed: 17,857,908. View filing ↗
  • Crown Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Crown Holdings, Inc.'s own proxy. As printed: 17,501,363. View filing ↗
  • Thor Industries, Inc., Section 10b CEO total. DEF 14A, filed 2025-11-03. CEO total compensation as printed in Thor Industries, Inc.'s own proxy. As printed: 14,613,718. View filing ↗
  • Alcoa Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Alcoa Corporation's own proxy. As printed: 14,002,088. View filing ↗
  • ATI Inc., Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in ATI Inc.'s own proxy. As printed: 13,512,737. 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 ↗
  • Commercial Metals Co., Section 10b CEO total. DEF 14A, filed 2025-11-25. CEO total compensation as printed in Commercial Metals Co.'s own proxy. As printed: 8,022,901. View filing ↗
  • Kaiser Aluminum Corp., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Kaiser Aluminum Corp.'s own proxy. As printed: 7,914,836. View filing ↗
  • Century Aluminum Co., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Century Aluminum Co.'s own proxy. As printed: 7,166,252. View filing ↗
  • Worthington Enterprises, Inc., Section 10b CEO total. DEF 14A, filed 2026-08-13. CEO total compensation as printed in Worthington Enterprises, Inc.'s own proxy. As printed: 5,192,043. View filing ↗
  • Schnitzer Steel Industries, Inc., Section 10b CEO total. DEF 14A, filed 2024-12-16. CEO total compensation as printed in Schnitzer Steel Industries, Inc.'s own proxy. As printed: 4,912,875. View filing ↗
  • CONSTELLIUM SE (subject), Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in CONSTELLIUM SE's own proxy. As printed: 4,318,593. View filing ↗
  • Section 10a, Alcoa Corporation reciprocity. DEF 14A. Alcoa Corporation's most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, ATI Inc. reciprocity. DEF 14A. ATI Inc.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Commercial Metals Co. reciprocity. DEF 14A. Commercial Metals Co.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Worthington Enterprises, Inc. reciprocity. DEF 14A. Worthington Enterprises, Inc.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Kaiser Aluminum Corp. reciprocity. DEF 14A. Kaiser Aluminum Corp.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Steel Dynamics, Inc. reciprocity. DEF 14A. Steel Dynamics, Inc.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Cleveland-Cliffs Inc. reciprocity. DEF 14A. Cleveland-Cliffs Inc.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Crown Holdings, Inc. reciprocity. DEF 14A. Crown Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Ryerson Holding Corp. reciprocity. DEF 14A. Ryerson Holding Corp.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Schnitzer Steel Industries, Inc. reciprocity. DEF 14A. Schnitzer Steel Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Thor Industries, Inc. reciprocity. DEF 14A. Thor Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Reliance, Inc. reciprocity. DEF 14A. Reliance, Inc.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
  • Section 10a, Century Aluminum Co. reciprocity. DEF 14A. Century Aluminum Co.'s most recent proxy was read; its disclosed peer group does not include CONSTELLIUM SE. View filing ↗
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