Companies Marinemax
Marinemax (HZO): executive pay, fiscal 2025
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CEO pay, last three years
- $6,006,138FY2023
- $6,451,890FY2024
- $6,270,195FY2025
CEO total pay was $6,270,195 in fiscal 2025, down from $6,451,890 in fiscal 2024.
FY2025: salary $1,025,000 · bonus $0 · stock awards $4,510,002 · 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 |
|---|---|---|---|---|---|---|---|---|
| W. Brett McGill | $1,025,000 | $0 | $4,510,002 | $0 | $727,680 | $0 | $7,513 | $6,270,195 |
| Chief Executive Officer and President | ||||||||
| Kyle Langbehn | 632,500 | 0 | 1,518,011 | 0 | 359,225 | 0 | 9,409 | 2,519,145 |
| Executive Vice President and President of Retail Operations | ||||||||
| Michael McLamb | 585,000 | 0 | 994,480 | 0 | 332,248 | 0 | 10,500 | 1,922,228 |
| Executive Vice President, Chief Financial Officer, and Secretary | ||||||||
| Charles Cashman | 520,000 | 0 | 1,092,000 | 0 | 221,499 | 0 | 8,570 | 1,842,069 |
| Executive Vice President and Chief Revenue Officer | ||||||||
| Shawn Berg | 460,000 | 0 | 460,009 | 0 | 156,753 | 0 | 8,451 | 1,085,213 |
| Executive Vice President and Chief Digital 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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| W. Brett McGill | $6,270,195 | $6,451,890 | $6,006,138 | ↓ −181,695 |
| Kyle Langbehn | 2,519,145 | 2,052,391 | 1,931,802 | ↑ +466,754 |
| Michael McLamb | 1,922,228 | 2,053,462 | 1,955,477 | ↓ −131,234 |
| Charles Cashman | 1,842,069 | 1,902,286 | 1,773,890 | ↓ −60,217 |
| Shawn Berg | 1,085,213 | 1,122,721 | — | ↓ −37,508 |
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
MarineMax's compensation philosophy is designed to align executive compensation outcomes with corporate performance and shareholder outcomes, with the majority of compensation being variable incentive compensation that fluctuates based on company performance and stock price. The company aims to pay competitive base salaries to attract, motivate, and retain highly qualified executives while using stock-based awards to align financial interests with long-term shareholder value.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensation Advisory Partners |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
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 |
|---|---|---|---|---|---|---|---|
| Michael McLamb | PRSU | 2024-11-14 | — | 19,745 | — | 34,554 | $596,694 |
| Charles Cashman | PRSU | 2024-11-14 | — | — | 14,454 | — | 436,800 |
| Kyle Langbehn | PRSU | 2024-11-14 | — | 30,139 | — | 52,743 | 910,801 |
| Kyle Langbehn | PRSU | 2024-11-14 | — | — | 20,093 | — | 607,210 |
| Shawn Berg | PRSU | 2024-11-14 | — | — | 6,089 | — | 184,010 |
| Shawn Berg | PRSU | 2024-11-14 | — | 9,133 | — | 15,983 | 275,999 |
| Charles Cashman | PRSU | 2024-11-14 | — | 21,681 | — | 37,942 | 655,200 |
| W. Brett McGill | PRSU | 2024-11-14 | — | — | 59,696 | — | 1,804,013 |
| W. Brett McGill | PRSU | 2024-11-14 | — | 89,543 | — | 156,700 | 2,705,989 |
| Michael McLamb | PRSU | 2024-11-14 | — | — | 13,163 | — | 397,786 |
Vehicle mix — grant-date fair value by award type
Grant-level vehicle detail not disclosed.
% 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 |
|---|---|---|---|---|
| Shawn Berg | RSU | 1,781 | — | $45,113 |
| Kyle Langbehn | RSU | 3,384 | — | 85,717 |
| Michael McLamb | RSU | 4,045 | — | 102,460 |
| Kyle Langbehn | RSU | 4,045 | — | 102,460 |
| Kyle Langbehn | RSU | 4,060 | — | 102,840 |
| Charles Cashman | RSU | 4,484 | — | 113,580 |
| Shawn Berg | RSU | 7,011 | — | 177,589 |
| Michael McLamb | RSU | 8,033 | — | 203,476 |
| Michael McLamb | RSU | 9,637 | — | 244,105 |
| Charles Cashman | RSU | 11,167 | — | 282,860 |
| Charles Cashman | RSU | 13,397 | — | 339,346 |
| Michael McLamb | RSU | 15,925 | — | 403,380 |
| Kyle Langbehn | RSU | 15,925 | — | 403,380 |
| Charles Cashman | RSU | 17,656 | — | 447,226 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Rebecca WhiteIndependent · Board Chair · Compensation Committee · Nominating/Corporate Governance Committee (Chair) | $245,000 | $140,009 | $0 | — | — | $385,009 |
| Bonnie BiumiIndependent · Audit Committee (Chair) · Nominating/Corporate Governance Committee | 103,000 | 140,009 | 0 | — | — | 243,009 |
| George E. BorstIndependent · Audit Committee · Compensation Committee (Chair) | 100,000 | 140,009 | 0 | — | — | 240,009 |
| Clint MooreNot standing for re-election · Departed during FY | 97,500 | 140,009 | 0 | — | — | 237,509 |
| Evelyn V. FollitNot standing for re-election · Departed during FY | 85,500 | 140,009 | 0 | — | — | 225,509 |
| Mercedes RomeroIndependent · Compensation Committee · Nominating/Corporate Governance Committee | 83,000 | 140,009 | 0 | — | — | 223,009 |
| Adam M. JohnsonIndependent · Not standing for re-election · Departed during FY | 80,000 | 140,009 | 0 | — | — | 220,009 |
| Daniel SchiappaIndependent · Audit Committee · Newly elected | 20,625 | 0 | 64,927 | — | — | 85,552 |
| Odilon AlmeidaIndependent · Audit Committee · Nominating/Corporate Governance Committee · Newly elected | 20,625 | 0 | 64,927 | — | — | 85,552 |
| William Brett McGillEmployee director | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $140,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 17,500 / 15,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $835,250 |
| Equity awards (grant-date value) | $980,063 |
| All other compensation | $0 |
| Total cost of the board | $1,815,313 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Marinemax as a peer
Companies that benchmark against HZO
4 companies name HZO as a compensation peer
The list of companies that name HZO 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.
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 | Brunswick Corporation | 2025 | David Foulkes | $1,250,577 | $9,750,026 | $0 | $1,876,000 | $13,020,607 |
| 2 | Polaris | 2025 | Michael Speetzen | 1,216,562 | 3,292,784 | 3,661,011 | 2,719,747 | 11,144,637 |
| 3 | LCI Industries | 2025 | Jason Lippert | 1,195,000 | 6,221,621 | 0 | 2,345,838 | 10,093,861 |
| 4 | M/I Homes, Inc. | 2025 | Robert Schottenstein | 1,100,000 | 4,945,343 | 0 | 3,506,250 | 9,914,773 |
| 5 | Winnebago Industries, Inc. | 2026 | Michael Happe | 1,185,000 | 5,185,003 | 914,997 | 1,335,750 | 8,661,661 |
| 6 | Cavco Industries, Inc. | 2026 | Bill Boor | 1,100,000 | 4,729,907 | 0 | 2,120,915 | 7,958,712 |
| 7 | H&E Equipment Services, Inc. | 2023 | Bradley W. Barber | 907,692 | 3,599,924 | 0 | — | 6,295,836 |
| 8 | Marinemax | 2025 | W. Brett McGill | 1,025,000 | 4,510,002 | 0 | 727,680 | 6,270,195 |
| 9 | Kforce Inc. | 2025 | Joseph Liberatore | 925,000 | 3,217,504 | 0 | 1,029,063 | 5,415,821 |
| 10 | Malibu Boats, Inc. | 2026 | Steven Menneto | 920,000 | 2,610,914 | 0 | 1,012,000 | 4,557,820 |
| 11 | OneWater Marine | 2025 | Anthony Aisquith | 800,000 | 2,520,040 | 0 | 1,180,000 | 4,545,986 |
| 12 | Vail Resorts, Inc. | 2025 | Robert Katz | 1,123,588 | 1,405,693 | 1,405,693 | 0 | 3,952,230 |
| — | Big 5 Sporting Goods | — | — | — | — | — | — | 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
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Marinemax | not disclosed | PBRSU 60 · TBRSU 40 | not disclosed | Compensation Advisory Partners |
| Big 5 Sporting Goods | not disclosed | not disclosed | not disclosed | not disclosed |
| Brunswick Corporation | not disclosed | not disclosed | not disclosed | FW Cook |
| Cavco Industries, Inc. | not disclosed | not disclosed | No | Pearl Meyer Partners, LLC |
| H&E Equipment Services, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Kforce Inc. | 89% | RSU 100 | Yes — Three-year TSR performance relative to Performance Peer Group | Pay Governance LLC |
| LCI Industries | not disclosed | not disclosed | not disclosed | Willis Towers Watson |
| M/I Homes, Inc. | 94% | not disclosed | No | WTW |
| Malibu Boats, Inc. | 100% | PSU 60 · RSU 40 | Yes — Relative TSR | Exequity |
| OneWater Marine | not disclosed | not disclosed | not disclosed | Aon |
| Polaris | not disclosed | Option 50 · RSU 50 | not disclosed | Aon |
| Vail Resorts, Inc. | 92% | RSU 50 · Options 50 | not disclosed | Aon |
| Winnebago Industries, Inc. | not disclosed | PSU 50 · RSU 35 · Option 15 | not disclosed | Semler Brossy |
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 year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-03-03 | 13,838,107 | 1,536,192 | 2,838,386 | 90.01% | Passed |
| 2025 | 2025-02-21 | 17,832,246 | 169,434 | 123,472 | 99.06% | Passed |
| 2024 | 2024-02-22 | 16,282,227 | 188,240 | 774,018 | 98.86% | Passed |
| 2023 | 2023-02-23 | 17,029,248 | 585,534 | 45,597 | 96.68% | Passed |
| 2022 | 2022-02-24 | 17,378,173 | 375,299 | 37,280 | 97.89% | Passed |
| 2021 | 2021-02-25 | 18,244,309 | 467,171 | 12,215 | 97.5% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-03-03 | 90.01%a |
| 2025 | 2025-02-21 | 99.06%b |
| 2024 | 2024-02-22 | 98.86%c |
a. Approved under the standard stated in the filing — “Because, under our Bylaws, abstentions and broker non-votes do not represent votes cast "for" or "against" a proposal, broker non-votes and abstentions will have no effect on the proposal to elect directors, the say-on-pay proposal, or the proposal to approve an amendment to our 2021 Stock-Based Compensation Plan to increase the number of shares available for issuance under the plan by 415,000, as each such proposal is determined by reference to the votes actually cast by the shares present or represented by proxy and entitled to vote.”.
b. Approved under the standard stated in the filing — “Because, under our Bylaws, abstentions and broker non-votes do not represent votes cast "for" or "against" a proposal, broker non-votes and abstentions will have no effect on the proposal to elect directors, the say-on-pay proposal, the proposal to approve an amendment to our 2008 Employee Stock Purchase Plan to increase the number of shares available for issuance under the plan by 500,000 shares and extend the term of the plan to 2035, or the proposal to approve an amendment to our 2021 Stock-Based Compensation Plan to increase the number of shares available for issuance under the plan by 495,000, as each such proposal is determined by reference to the votes actually cast by the shares present or represented by proxy and entitled to vote.”.
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) | 95 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
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, W. Brett McGill. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE” · page 24. As printed: 6,270,195. View filing ↗
- Section 01, Kyle Langbehn. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE”. As printed: 2,519,145. View filing ↗
- Section 01, Michael McLamb. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE”. As printed: 1,922,228. View filing ↗
- Section 01, Charles Cashman. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE”. As printed: 1,842,069. View filing ↗
- Section 01, Shawn Berg. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE”. As printed: 1,085,213. View filing ↗
- Section 03, Michael McLamb PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Charles Cashman PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Kyle Langbehn PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Kyle Langbehn PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Shawn Berg PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Shawn Berg PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Charles Cashman PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, W. Brett McGill PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, W. Brett McGill PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael McLamb PRSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-01-21. Section “CEO Pay Ratio”. As printed: 95 : 1. View filing ↗
- Section 08, Rebecca White. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 385,009. View filing ↗
- Section 08, Bonnie Biumi. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 243,009. View filing ↗
- Section 08, George E. Borst. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 240,009. View filing ↗
- Section 08, Clint Moore. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 237,509. View filing ↗
- Section 08, Evelyn V. Follit. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 225,509. View filing ↗
- Section 08, Mercedes Romero. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 223,009. View filing ↗
- Section 08, Adam M. Johnson. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 220,009. View filing ↗
- Section 08, Daniel Schiappa. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 85,552. View filing ↗
- Section 08, Odilon Almeida. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 85,552. View filing ↗
- Section 08, William Brett McGill. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-03-03. Item 5.07 · say-on-pay result. As reported: 90.01% (votes for as printed: 13,838,107). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-02-24. Item 5.07 · say-on-pay result. As reported: 99.06% (votes for as printed: 17,832,246). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-02-28. Item 5.07 · say-on-pay result. As reported: 98.86% (votes for as printed: 16,282,227). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 835,250 + equity 980,063 + all other 0 = 1,815,313, summed across the director compensation table rows.
- Brunswick Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Brunswick Corporation's own proxy. As printed: 13,020,607. View filing ↗
- Polaris, Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Polaris's own proxy. As printed: 11,144,637. View filing ↗
- LCI Industries, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in LCI Industries's own proxy. As printed: 10,093,861. View filing ↗
- M/I Homes, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in M/I Homes, Inc.'s own proxy. As printed: 9,914,773. View filing ↗
- Winnebago Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-11-03. CEO total compensation as printed in Winnebago Industries, Inc.'s own proxy. As printed: 8,661,661. View filing ↗
- Cavco Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-06-16. CEO total compensation as printed in Cavco Industries, Inc.'s own proxy. As printed: 7,958,712. View filing ↗
- H&E Equipment Services, Inc., Section 10b CEO total. DEF 14A, filed 2024-04-02. CEO total compensation as printed in H&E Equipment Services, Inc.'s own proxy. As printed: 6,295,836. View filing ↗
- Marinemax (subject), Section 10b CEO total. DEF 14A, filed 2026-01-21. CEO total compensation as printed in Marinemax's own proxy. As printed: 6,270,195. View filing ↗
- Kforce Inc., Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Kforce Inc.'s own proxy. As printed: 5,415,821. View filing ↗
- Malibu Boats, Inc., Section 10b CEO total. DEF 14A, filed 2026-09-21. CEO total compensation as printed in Malibu Boats, Inc.'s own proxy. As printed: 4,557,820. View filing ↗
- OneWater Marine, Section 10b CEO total. DEF 14A, filed 2026-01-09. CEO total compensation as printed in OneWater Marine's own proxy. As printed: 4,545,986. View filing ↗
- Vail Resorts, Inc., Section 10b CEO total. DEF 14A, filed 2025-10-30. CEO total compensation as printed in Vail Resorts, Inc.'s own proxy. As printed: 3,952,230. View filing ↗