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Companies Ftai Aviation Ltd.

Ftai Aviation (FTAI): executive pay, fiscal 2025

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CEO total pay$5,988,406CEO Joseph Adams Jr. · source
Say-on-pay support94.72%Latest vote · source
CEO vs. named peers21st pct.Of 15 peer CEOs
CEO pay ratio369:1To the median employee · source

CEO pay, last three years

  • $26,655,142FY2024
  • $5,988,406FY2025

CEO total pay was $5,988,406 in fiscal 2025, down from $26,655,142 in fiscal 2024.

FY2025: salary $975,000 · bonus $0 · stock awards $2,647,254 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Ftai Aviation Ltd. in fiscal 2025?
As disclosed, David Moreno (President) was the highest-paid executive at Ftai Aviation Ltd. in fiscal 2025, with total compensation of $6,131,546.
How does Ftai Aviation Ltd.'s chief executive pay compare to its disclosed peer group?
As disclosed, Joseph Adams Jr.'s total compensation ranked at the 21st percentile of Ftai Aviation Ltd.'s disclosed peer group.
What is Ftai Aviation Ltd.'s CEO-to-median employee pay ratio?
As disclosed, Ftai Aviation Ltd.'s CEO-to-median employee pay ratio was 369:1.
How did shareholders vote on Ftai Aviation Ltd.'s executive compensation?
As disclosed, 94.72% of shareholders supported Ftai Aviation Ltd.'s executive compensation in the latest say-on-pay vote.
How much does Ftai Aviation Ltd. spend in total on board compensation for fiscal 2025?
As disclosed, Ftai Aviation Ltd. reported total board compensation of $1,459,005 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
David Moreno$650,000$0$3,065,394$0$2,400,000$0$16,152$6,131,546
President
Joseph Adams Jr.975,00002,647,25402,340,000026,1525,988,406
Chief Executive Officer and Chairman of the Board
Stacy Kuperus550,00001,671,98001,200,000014,1963,436,176
Chief Operating Officer
Eun Nam525,0000223,08501,050,000016,1521,814,237
Former Chief Financial Officer and Chief Accounting Officer
BoHee Yoon400,0000334,6270800,0000169,3421,703,969
General Counsel and 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
David Moreno$6,131,546———
Joseph Adams Jr.5,988,40626,655,142—↓ −20,666,736
Stacy Kuperus3,436,176———
Eun Nam1,814,2374,949,9761,460,310↓ −3,135,739
BoHee Yoon1,703,969———

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 program is designed to support a strong pay-for-performance philosophy over both the short and long term. The program is structured to attract, retain, and motivate top talent who can execute on our strategic and financial objectives and drive sustained shareholder value.

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
Eun NamPSU2025-02-28386772—1,544$123,010
David MorenoRSU2025-02-28——10,608—1,375,115
Joseph Adams Jr.PSU2025-02-284,5819,161—18,3221,459,714
Joseph Adams Jr.RSU2025-02-28——9,161—1,187,540
Stacy KuperusRSU2025-02-28——5,786—750,039
Stacy KuperusPSU2025-02-282,8925,786—11,568921,941
David MorenoPSU2025-02-285,30410,608—21,2161,690,279
Eun NamRSU2025-02-28——772—100,074
BoHee YoonPSU2025-02-285791,158—2,316184,516
BoHee YoonRSU2025-02-28——1,158—150,112

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Eun Nam$100,074$123,010$055.1%
David Moreno1,375,1151,690,279055.1%
Joseph Adams Jr.1,187,5401,459,714055.1%
Stacy Kuperus750,039921,941055.1%
BoHee Yoon150,112184,516055.1%

% 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
Eun NamRSU772—$151,968
Eun NamPSU772—151,968
BoHee YoonRSU1,158—227,952
BoHee YoonPSU1,158—227,952
BoHee YoonRSU1,565—308,267
BoHee YoonPSU2,000—393,700
Eun NamRSU4,149—816,730
Stacy KuperusRSU5,786—1,138,580
Stacy KuperusPSU5,786—1,138,580
Eun NamPSU6,000—1,181,100
Stacy KuperusPSU8,000—1,574,800
Joseph Adams Jr.RSU9,161—1,803,343
Joseph Adams Jr.PSU9,161—1,803,343
David MorenoRSU10,608—2,088,184
David MorenoPSU10,608—2,088,184
Stacy KuperusRSU15,000—2,952,750
Stacy KuperusRSU15,00079.13—
David MorenoPSU18,000—3,543,300
David MorenoRSU25,000—4,921,250
David MorenoRSU25,00079.13—
Joseph Adams Jr.RSU38,999—7,676,953
Joseph Adams Jr.PSU39,000—7,677,150
Stacy KuperusRSU65,000—12,795,250
David MorenoRSU150,000—29,527,500
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Judith A. HannawayIndependent · Lead Independent Director · Audit · Compensation · Nominating and Corporate Governance (Chair)$132,033$145,000———$277,033
Paul R. GoodwinIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance60,000205,000———265,000
Ray M. RobinsonIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance86,250173,750———260,000
Martin TuchmanIndependent · Nominating and Corporate Governance0227,500———227,500
A. Andrew LevisonIndependent · Compensation41,250186,250———227,500
Shyam GidumalIndependent · Audit0201,972———201,972
Joseph P. Adams JrEmployee director · Board Chair—————0

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$145,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)17,500 / 12,500 / 10,000
Stock ownership guideline$5

Total cost of the board

ComponentFY2025
Cash retainers and fees$319,533
Equity awards (grant-date value)$1,139,472
All other compensation$0
Total cost of the board$1,459,005

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

Peer group, and who names Ftai Aviation as a peer

Companies that benchmark against FTAI

2 companies name FTAI as a compensation peer

Each company listed discloses FTAI 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 FTAI 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 Ftai Aviation Ltd. 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
1Willis Lease Finance Corporation2025Austin Willis$850,662$14,637,060$0$0$19,209,005
2BWX Technologies, Inc.2025Rex Geveden1,100,0006,736,9285,333,2422,110,00015,742,833
3AeroVironment Inc.2026Wahid Nawabi1,118,82913,339,7150767,60915,253,775
4Curtiss-Wright Corporation2025Lynn Bamford1,090,3854,004,00005,139,70014,135,280
5Heico Corporation2025Eric A. Mendelson1,281,00007,522,0743,062,03013,029,835
6Kratos Defense Security Solutions, Inc.2025Eric DeMarco1,000,0008,244,00001,500,00010,832,739
7Crane Co.2025Max Mitchell1,244,2315,480,7381,562,5061,840,20010,518,852
8Woodward Inc.2025Charles Blankenship, Jr.1,177,8875,898,69602,895,10010,482,876
9AAR Corp.2026John Holmes1,115,0004,637,8941,159,3102,408,4009,867,963
10Herc Holdings2025Lawrence Silber1,056,5385,500,03701,484,0008,289,126
11Hexcel Corp.2025Thomas Gentile III1,100,0003,374,9611,685,259923,2307,252,875
12Ftai Aviation Ltd.2025Joseph Adams Jr.975,0002,647,25402,340,0005,988,406
13Triumph Group Inc.2024Daniel Crowley975,0003,412,503—1,147,5755,606,058
14Esco Technologies Inc.2025Bryan Sayler830,5003,052,88601,661,0005,586,139
15Kadant Inc2025Jeffrey Powell970,9003,036,18101,491,8005,519,261

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
Ftai Aviation Ltd.not disclosedRSU 50 · PSU 50not disclosednot disclosed
AAR Corp.180%PSU 60 · RSU 20 · Options 20YesSemler Brossy
AeroVironment Inc.62%PSU 65 · RSU 35NoPay Governance
BWX Technologies, Inc.153.5%PSU 60 · RSU 20 · Options 20NoExequity
Crane Co.122.7%PSU 55 · Options 25 · RSU 20NoFrederic W. Cook & Co., Inc.
Curtiss-Wright Corporationnot disclosedPSU 40 · Cash LTI 30 · RSU 30Yes — Three-year relative TSR against the peer groupFrederic W. Cook & Co., Inc.
Esco Technologies Inc.200%PSU 70 · RSU 30NoPay Governance LLC
Heico Corporationnot disclosedOption 100not disclosedFW Cook
Herc Holdings100%PSU 60 · RSU 40NoFW Cook
Hexcel Corp.76.3%not disclosedNoSemler Brossy
Kadant Inc148%PSU 80 · RSU 20NoWillis Towers Watson
Kratos Defense Security Solutions, Inc.not disclosedRSU 50 · PSU 50NoBoard Advisory, LLC
Triumph Group Inc.107%PSU 70 · RSU 30NoPay Governance LLC
Willis Lease Finance Corporationnot disclosedPSU 60 · RSU 40not disclosedExequity, LLP
Woodward Inc.127%RSU 50 · PSU 50Yes — Total Shareholder Return (TSR) relative to S&P MidCap 400 IndexFW Cook

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
20262026-05-2880,859,6074,510,52341,21394.72%Passed
20252025-05-2975,378,1048,272,85537,51890.11%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
20262026-05-2894.72%a
20252025-05-2990.11%b

a. Voting standard not stated in the filing.

b. 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)369 : 1
CEO total compensation$26,655,142
Median employee compensation$72,245
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (44 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, David Moreno. DEF 14A, filed 2026-04-15. Section “COMPENSATION TABLES” · page 26. As printed: 6,131,546. View filing ↗
  • Section 01, Joseph Adams Jr.. DEF 14A, filed 2026-04-15. Section “COMPENSATION TABLES” · page 26. As printed: 5,988,406. View filing ↗
  • Section 01, Stacy Kuperus. DEF 14A, filed 2026-04-15. Section “COMPENSATION TABLES” · page 26. As printed: 3,436,176. View filing ↗
  • Section 01, Eun Nam. DEF 14A, filed 2026-04-15. Section “COMPENSATION TABLES” · page 26. As printed: 1,814,237. View filing ↗
  • Section 01, BoHee Yoon. DEF 14A, filed 2026-04-15. Section “COMPENSATION TABLES” · page 26. As printed: 1,703,969. View filing ↗
  • Section 03, Eun Nam PSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, David Moreno RSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Joseph Adams Jr. PSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Joseph Adams Jr. RSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Stacy Kuperus RSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Stacy Kuperus PSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, David Moreno PSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Eun Nam RSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, BoHee Yoon PSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, BoHee Yoon RSU. DEF 14A, filed 2026-04-15. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2025-04-16. Section “CEO Pay Ratio”. As printed: 369 : 1. View filing ↗
  • Section 08, Judith A. Hannaway. DEF 14A, filed 2026-04-15. Section “Director Compensation”. As printed: 277,033. View filing ↗
  • Section 08, Paul R. Goodwin. DEF 14A, filed 2026-04-15. Section “Director Compensation”. As printed: 265,000. View filing ↗
  • Section 08, Ray M. Robinson. DEF 14A, filed 2026-04-15. Section “Director Compensation”. As printed: 260,000. View filing ↗
  • Section 08, Martin Tuchman. DEF 14A, filed 2026-04-15. Section “Director Compensation”. As printed: 227,500. View filing ↗
  • Section 08, A. Andrew Levison. DEF 14A, filed 2026-04-15. Section “Director Compensation”. As printed: 227,500. View filing ↗
  • Section 08, Shyam Gidumal. DEF 14A, filed 2026-04-15. Section “Director Compensation”. As printed: 201,972. View filing ↗
  • Section 08, Joseph P. Adams Jr. DEF 14A, filed 2026-04-15. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-29. Item 5.07 · say-on-pay result. As reported: 94.72% (votes for as printed: 80,859,607). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-30. Item 5.07 · say-on-pay result. As reported: 90.11% (votes for as printed: 75,378,104). 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 319,533 + equity 1,139,472 + all other 0 = 1,459,005, summed across the director compensation table rows.
  • Willis Lease Finance Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Willis Lease Finance Corporation's own proxy. As printed: 19,209,005. View filing ↗
  • BWX Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in BWX Technologies, Inc.'s own proxy. As printed: 15,742,833. View filing ↗
  • AeroVironment Inc., Section 10b CEO total. DEF 14A, filed 2026-08-14. CEO total compensation as printed in AeroVironment Inc.'s own proxy. As printed: 15,253,775. View filing ↗
  • Curtiss-Wright Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Curtiss-Wright Corporation's own proxy. As printed: 14,135,280. View filing ↗
  • Heico Corporation, Section 10b CEO total. DEF 14A, filed 2026-01-30. CEO total compensation as printed in Heico Corporation's own proxy. As printed: 13,029,835. View filing ↗
  • Kratos Defense Security Solutions, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Kratos Defense Security Solutions, Inc.'s own proxy. As printed: 10,832,739. View filing ↗
  • Crane Co., Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Crane Co.'s own proxy. As printed: 10,518,852. View filing ↗
  • Woodward Inc., Section 10b CEO total. DEF 14A, filed 2025-12-12. CEO total compensation as printed in Woodward Inc.'s own proxy. As printed: 10,482,876. View filing ↗
  • AAR Corp., Section 10b CEO total. DEF 14A, filed 2026-08-04. CEO total compensation as printed in AAR Corp.'s own proxy. As printed: 9,867,963. View filing ↗
  • Herc Holdings, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Herc Holdings's own proxy. As printed: 8,289,126. View filing ↗
  • Hexcel Corp., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Hexcel Corp.'s own proxy. As printed: 7,252,875. View filing ↗
  • Ftai Aviation Ltd. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in Ftai Aviation Ltd.'s own proxy. As printed: 5,988,406. View filing ↗
  • Triumph Group Inc., Section 10b CEO total. DEF 14A, filed 2024-06-24. CEO total compensation as printed in Triumph Group Inc.'s own proxy. As printed: 5,606,058. View filing ↗
  • Esco Technologies Inc., Section 10b CEO total. DEF 14A, filed 2025-12-10. CEO total compensation as printed in Esco Technologies Inc.'s own proxy. As printed: 5,586,139. View filing ↗
  • Kadant Inc, Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Kadant Inc's own proxy. As printed: 5,519,261. View filing ↗
  • Section 10a, Willis Lease Finance Corporation reciprocity. DEF 14A. Willis Lease Finance Corporation names Ftai Aviation Ltd. in its own disclosed peer group (read from its most recent proxy). View filing ↗
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