Companies Innovex International, Inc.

Innovex International (INVX): executive pay, fiscal 2025

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CEO total pay$3,283,511CEO Adam Anderson · source

Say-on-pay support99.06%Latest vote · source

CEO vs. named peers25th pct.Of 13 peer CEOs

CEO pay ratio45:1To the median employee · source

CEO pay, last three years

$2,873,972FY2024
$3,283,511FY2025

CEO total pay was $3,283,511 in fiscal 2025, up from $2,873,972 in fiscal 2024.

FY2025: salary $550,969 · bonus $0 · stock awards $2,222,492 · option awards $0

Executives and directors

Adam Anderson · CEO Kendal Reed · CFO Mark Reddout · EVP Angie Sedita · Independent Director Benjamin M. Fink · Independent Director Bonnie S. Black · Independent Director Carri A. Lockhart · Independent Director Jason Turowsky · Independent Director John V. Lovoi · Chair of the Board Patrick Connelly · Former director (through FY2025)Terence B. Jupp · Independent Director Will Donnell · Independent Director

Frequently asked questions

Who was the highest-paid executive at Innovex International, Inc. in fiscal 2025?

As disclosed, Adam Anderson (Chief Executive Officer) was the highest-paid executive at Innovex International, Inc. in fiscal 2025, with total compensation of $3,283,511.

How does Innovex International, Inc.'s chief executive pay compare to its disclosed peer group?

As disclosed, Adam Anderson's total compensation ranked at the 25th percentile of Innovex International, Inc.'s disclosed peer group.

What is Innovex International, Inc.'s CEO-to-median employee pay ratio?

As disclosed, Innovex International, Inc.'s CEO-to-median employee pay ratio was 45:1.

How did shareholders vote on Innovex International, Inc.'s executive compensation?

As disclosed, 99.06% of shareholders supported Innovex International, Inc.'s executive compensation in the latest say-on-pay vote.

How much does Innovex International, Inc. spend in total on board compensation for fiscal 2025?

As disclosed, Innovex International, Inc. reported total board compensation of $2,473,000 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 officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension / NQDC	All other	Total
Adam Anderson	$550,969	$0	$2,222,492	$0	$495,000	$0	$15,050	$3,283,511
Chief Executive Officer
Mark Reddout	375,969	333,333	834,003	0	202,500	0	32,078	1,777,883
President-North America
Kendal Reed	375,969	50,000	834,003	0	202,500	0	10,970	1,473,442
Chief Financial 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
Adam Anderson	$3,283,511	$2,873,972	—	↑ +409,539
Mark Reddout	1,777,883	1,621,704	—	↑ +156,179
Kendal Reed	1,473,442	1,254,867	—	↑ +218,575

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 Company's executive compensation program is designed to align executive compensation with Company and individual performance, produce long-term positive results for stockholders, and provide market-competitive compensation to attract, motivate, and retain a talented workforce. The program reflects a pay-for-performance philosophy, balancing immediate cash rewards for short-term goals with long-term equity awards to align executive interests with stockholders.

CEO STI target (% of salary)	—
CEO LTI target (% of salary)	—
Independent consultant	Meridian Compensation Partners, LLC
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
Kendal Reed	PSU	2025-05-30	6,382	12,764	—	25,528	$176,143
Kendal Reed	RSU	2025-05-30	—	—	25,527	—	352,273
Adam Anderson	RSU	2025-05-30	—	—	68,073	—	939,407
Mark Reddout	RSU	2025-05-30	—	—	25,527	—	352,273
Kendal Reed	PSU	2025-05-30	6,382	12,764	—	25,528	304,677
Adam Anderson	PSU	2025-05-30	17,019	34,037	—	68,074	469,711
Mark Reddout	PSU	2025-05-30	6,382	12,764	—	25,528	176,143
Adam Anderson	PSU	2025-05-30	17,019	34,037	—	68,074	812,463
Mark Reddout	PSU	2025-05-30	6,382	12,764	—	25,528	304,677

Vehicle mix — grant-date fair value by award type

Named executive officer	Time-vested (RSU)	Performance-vested (PSU)	Options / SARs	% performance-vested
Kendal Reed	$352,273	$480,820	$0	57.7%
Adam Anderson	939,407	1,282,174	0	57.7%
Mark Reddout	352,273	480,820	0	57.7%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

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

Director compensation

Director	Cash fees	Stock awards	Option awards	Non-equity incentive	All other	Total
John V. LovoiIndependent · Board Chair · Audit · Compensation · Nominating/Governance	$175,000	$216,000	—	—	—	$391,000
Benjamin M. FinkIndependent · Audit (Chair)	95,000	216,000	—	—	—	311,000
Terence B. JuppIndependent · Compensation (Chair)	90,000	216,000	—	—	—	306,000
Carri A. LockhartIndependent · Nominating and Governance · Audit	85,000	216,000	—	—	—	301,000
Will DonnellIndependent	291,000	0	—	—	—	291,000
Bonnie S. BlackIndependent · Nominating/Governance · Compensation	75,000	216,000	—	—	—	291,000
Jason TurowskyIndependent · Compensation	291,000	0	—	—	—	291,000
Angie SeditaIndependent · Audit · Nominating/Governance	75,000	216,000	—	—	—	291,000
Patrick ConnellyIndependent · Departed during FY	0	0	0	—	0	0
Adam AndersonEmployee director	—	—	—	—	—	0

Board fee structure and ownership guideline

Annual cash retainer	$75,000
Annual equity retainer	$216,000
Per board meeting fee	—
Committee chair fees (audit / comp / nom-gov)	20,000 / 15,000 / 10,000
Stock ownership guideline	$5

Total cost of the board

Component	FY2025
Cash retainers and fees	$1,177,000
Equity awards (grant-date value)	$1,296,000
All other compensation	$0
Total cost of the board	$2,473,000

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

Peer group, and who names Innovex International as a peer

Companies that benchmark against INVX

8 companies name INVX as a compensation peer

Each company listed discloses INVX 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 INVX 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.

NR Newpark Resources, Inc.OII Oceaneering International, Inc.KLXE KLX Energy Services Holdings, Inc.CLB Core Laboratories N.V.TTI TETRA Technologies, Inc.HLX Helix Energy Solutions Group, Inc.XPRO Expro Group Holdings N.V.BOOM DMC Global Inc.RES RPC, Inc.TDW Tidewater, Inc.OIS Oil States International, Inc.FET Forum Energy Technologies, Inc.WHD Cactus, Inc.

Peer reciprocity

The companies Innovex International, Inc. names as compensation peers that name it back in their own disclosed peer groups.

TETRA Technologies, Inc. (TTI)⁴³Tidewater, Inc. (TDW)⁴⁴Oil States International, Inc. (OIS)⁴⁵

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	Oceaneering International, Inc.	2025	Roderick Larson	$910,000	$2,027,796	$0	$4,282,425	$7,735,670
2	Expro Group Holdings NV	2024	Michael Jardon	1,000,000	5,246,072	0	690,625	6,962,497
3	Forum Energy Technologies, Inc.	2025	Neal Lux	717,769	4,232,105	0	1,196,463	6,163,337
4	Tidewater, Inc.	2025	Quintin Kneen	750,000	3,892,458	0	1,078,125	5,732,208
5	DMC Global Inc.	2025	James O’Leary	654,231	3,699,992	0	1,233,304	5,615,614
6	Tetra Technologies, Inc.	2025	Brady Murphy	735,000	1,325,333	0	3,061,825	5,133,908
7	Oil States International, Inc.	2025	Cindy Taylor	925,000	2,400,003	0	1,654,244	5,079,386
8	Helix Energy Solutions Group, Inc.	2025	Owen Kratz	800,000	3,838,519	0	420,000	5,067,269
9	Core Laboratories NV	2025	Lawrence Bruno	886,912	3,505,105	0	351,217	4,980,491
10	Innovex International, Inc.	2025	Adam Anderson	550,969	2,222,492	0	495,000	3,283,511
11	RPC, Inc.	2025	Ben Palmer	618,000	1,388,265	0	1,155,660	3,192,075
12	Cactus, Inc.	2025	Scott Bender	450,000	1,821,634	0	222,788	2,524,459
13	KLX Energy Services Holdings, Inc.	2025	Christopher Baker	638,820	761,935	0	291,110	1,715,996
—	Newpark Resources, Inc.	—	—	—	—	—	—	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
Innovex International, Inc.	not disclosed	not disclosed	not disclosed	Meridian Compensation Partners, LLC
Cactus, Inc.	not disclosed	PSU 50 · RSU 50	not disclosed	Pearl Meyer & Partners, LLC
Core Laboratories NV	not disclosed	not disclosed	not disclosed	not disclosed
DMC Global Inc.	not disclosed	RSU 50 · PSU 50	not disclosed	Pearl Meyer & Partners, LLC
Expro Group Holdings NV	not disclosed	PRSU 60 · RSU 40	Yes — Total Shareholder Return (TSR)	Meridian Consultants, LLC
Forum Energy Technologies, Inc.	not disclosed	PSU 50 · RSU 50	not disclosed	Meridian Compensation Partners, LLC
Helix Energy Solutions Group, Inc.	35%	PSU 50 · RSU 50	Yes — TSR relative to performance peer group	WTW (Willis Towers Watson)
KLX Energy Services Holdings, Inc.	not disclosed	RSU 100	not disclosed	F.W. Cook
Newpark Resources, Inc.	not disclosed	not disclosed	not disclosed	not disclosed
Oceaneering International, Inc.	124%	not disclosed	Yes — Relative TSR	Meridian Compensation Partners, LLC
Oil States International, Inc.	not disclosed	RSU 50 · PRSU 25 · Cash Performance Award 25	not disclosed	Meridian Compensation Partners
RPC, Inc.	187%	RSU 75 · PSU 25	No	Mercer, LLC
Tetra Technologies, Inc.	not disclosed	RSU 50 · LTIP Units 50	not disclosed	Pay Governance LLC
Tidewater, Inc.	not disclosed	not disclosed	not disclosed	Meridian Compensation Partners, LLC

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	2026-05-07	61,831,241	586,796	101,028	99.06%	Passed
2025	2025-05-14	61,144,032	966,601	34,263	98.44%	Passed
2023	2023-05-16	30,804,785	533,880	18,487	98.3%	Passed
2022	2022-05-17	30,972,758	982,113	18,956	96.93%	Passed
2020	2020-05-14	32,497,816	834,742	5,339	97.5%	Passed
2017	2017-05-12	33,100,916	1,398,667	35,176	95.95%	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	2026-05-07	99.06%^a
2025	2025-05-14	98.44%^b
2023	2023-05-16	98.3%^c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “Accordingly, abstentions and broker non-votes applicable to shares present at the meeting will not be included in the tabulation of votes cast on this matter.”.

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)	45 : 1
CEO total compensation	$3,283,511
Median employee compensation	$73,050

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (45 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, Adam Anderson. DEF 14A, filed 2026-03-27. Section “Summary Compensation Table” · page 32. As printed: 3,283,511. View filing ↗
Section 01, Mark Reddout. DEF 14A, filed 2026-03-27. Section “Summary Compensation Table” · page 32. As printed: 1,777,883. View filing ↗
Section 01, Kendal Reed. DEF 14A, filed 2026-03-27. Section “Summary Compensation Table” · page 32. As printed: 1,473,442. View filing ↗
Section 03, Kendal Reed PSU. DEF 14A, filed 2026-03-27. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
Section 03, Kendal Reed RSU. DEF 14A, filed 2026-03-27. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
Section 03, Adam Anderson RSU. DEF 14A, filed 2026-03-27. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
Section 03, Mark Reddout RSU. DEF 14A, filed 2026-03-27. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
Section 03, Kendal Reed PSU. DEF 14A, filed 2026-03-27. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
Section 03, Adam Anderson PSU. DEF 14A, filed 2026-03-27. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
Section 03, Mark Reddout PSU. DEF 14A, filed 2026-03-27. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
Section 03, Adam Anderson PSU. DEF 14A, filed 2026-03-27. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
Section 03, Mark Reddout PSU. DEF 14A, filed 2026-03-27. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
Section 07, pay ratio. DEF 14A, filed 2026-03-27. Section “CEO Pay Ratio”. As printed: 45 : 1. View filing ↗
Section 08, John V. Lovoi. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 391,000. View filing ↗
Section 08, Benjamin M. Fink. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 311,000. View filing ↗
Section 08, Terence B. Jupp. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 306,000. View filing ↗
Section 08, Carri A. Lockhart. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 301,000. View filing ↗
Section 08, Will Donnell. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 291,000. View filing ↗
Section 08, Bonnie S. Black. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 291,000. View filing ↗
Section 08, Jason Turowsky. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 291,000. View filing ↗
Section 08, Angie Sedita. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 291,000. View filing ↗
Section 08, Patrick Connelly. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 0. View filing ↗
Section 08, Adam Anderson. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 0. View filing ↗
Section 06, 2026 vote. Form 8-K, filed 2026-05-11. Item 5.07 · say-on-pay result. As reported: 99.06% (votes for as printed: 61,831,241). View filing ↗
Section 06, 2025 vote. Form 8-K, filed 2025-05-15. Item 5.07 · say-on-pay result. As reported: 98.44% (votes for as printed: 61,144,032). View filing ↗
Section 06, 2023 vote. Form 8-K, filed 2023-05-18. Item 5.07 · say-on-pay result. As reported: 98.3% (votes for as printed: 30,804,785). 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 1,177,000 + equity 1,296,000 + all other 0 = 2,473,000, summed across the director compensation table rows.
Oceaneering International, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Oceaneering International, Inc.'s own proxy. As printed: 7,735,670. View filing ↗
Expro Group Holdings NV, Section 10b CEO total. DEF 14A, filed 2025-04-11. CEO total compensation as printed in Expro Group Holdings NV's own proxy. As printed: 6,962,497. View filing ↗
Forum Energy Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Forum Energy Technologies, Inc.'s own proxy. As printed: 6,163,337. View filing ↗
Tidewater, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Tidewater, Inc.'s own proxy. As printed: 5,732,208. View filing ↗
DMC Global Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in DMC Global Inc.'s own proxy. As printed: 5,615,614. View filing ↗
Tetra Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Tetra Technologies, Inc.'s own proxy. As printed: 5,133,908. View filing ↗
Oil States International, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Oil States International, Inc.'s own proxy. As printed: 5,079,386. View filing ↗
Helix Energy Solutions Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Helix Energy Solutions Group, Inc.'s own proxy. As printed: 5,067,269. View filing ↗
Core Laboratories NV, Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Core Laboratories NV's own proxy. As printed: 4,980,491. View filing ↗
Innovex International, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Innovex International, Inc.'s own proxy. As printed: 3,283,511. View filing ↗
RPC, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in RPC, Inc.'s own proxy. As printed: 3,192,075. View filing ↗
Cactus, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Cactus, Inc.'s own proxy. As printed: 2,524,459. View filing ↗
KLX Energy Services Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in KLX Energy Services Holdings, Inc.'s own proxy. As printed: 1,715,996. View filing ↗
Section 10a, TETRA Technologies, Inc. reciprocity. DEF 14A. TETRA Technologies, Inc. names Innovex International, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
Section 10a, Tidewater, Inc. reciprocity. DEF 14A. Tidewater, Inc. names Innovex International, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
Section 10a, Oil States International, Inc. reciprocity. DEF 14A. Oil States International, Inc. names Innovex International, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗