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Companies JBT Marel Corp

JBT Marel (JBTM): executive pay, fiscal 2025

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CEO total pay$7,966,447CEO Brian Deck · source
Say-on-pay support93.11%Latest vote · source
CEO vs. named peers40th pct.Of 17 peer CEOs
CEO pay ratio86:1To the median employee · source

CEO pay, last three years

  • $6,176,099FY2023
  • $6,452,960FY2024
  • $7,966,447FY2025

CEO total pay was $7,966,447 in fiscal 2025, up from $6,452,960 in fiscal 2024.

FY2025: salary $1,065,810 · bonus $0 · stock awards $5,199,957 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at JBT Marel Corp in fiscal 2025?
As disclosed, Brian Deck (Chief Executive Officer) was the highest-paid executive at JBT Marel Corp in fiscal 2025, with total compensation of $7,966,447.
How does JBT Marel Corp's chief executive pay compare to its disclosed peer group?
As disclosed, Brian Deck's total compensation ranked at the 40th percentile of JBT Marel Corp's disclosed peer group.
What is JBT Marel Corp's CEO-to-median employee pay ratio?
As disclosed, JBT Marel Corp's CEO-to-median employee pay ratio was 86:1.
How did shareholders vote on JBT Marel Corp's executive compensation?
As disclosed, 93.11% of shareholders supported JBT Marel Corp's executive compensation in the latest say-on-pay vote.
How much does JBT Marel Corp spend in total on board compensation for fiscal 2025?
As disclosed, JBT Marel Corp reported total board compensation of $2,659,137 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
Brian Deck$1,065,810$0$5,199,957$0$1,480,500$0$220,180$7,966,447
Chief Executive Officer
Arni Sigurdsson904,7942,909,3001,624,8740705,0000698,2016,842,169
President
Matthew Meister584,12201,125,0100513,769093,1422,316,043
Executive Vice President and Chief Financial Officer
Robert Petrie438,8760699,9190350,3720121,9781,611,145
Executive Vice President and President, Meat and Prepared Foods
Roger Claessens434,603154,065550,0620331,926071,7801,542,436
Executive Vice President and President, Poultry

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
Brian Deck$7,966,447$6,452,960$6,176,099↑ +1,513,487
Arni Sigurdsson6,842,169———
Matthew Meister2,316,0431,834,5681,803,573↑ +481,475
Robert Petrie1,611,1451,395,3041,575,136↑ +215,841
Roger Claessens1,542,436———

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

JBT Marel is committed to creating and executing an executive compensation program that aligns the targets of our named executive officers with the long-term interests of our stockholders, aiming to encourage outstanding business performance and achieve sustainable long-term results through a performance-driven, market-competitive, and transparent approach.

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

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Matthew MeisterPSU2025-02-26—4,991—14,973$675,033
Robert PetriePSU2025-02-26—3,105—9,315419,951
Brian DeckPSU2025-02-26—23,068—69,2043,119,947
Robert PetrieRSU2025-02-26——2,070—279,968
Roger ClaessensPSU2025-02-26—2,440—7,320330,010
Roger ClaessensRSU2025-02-26——1,627—220,052
Brian DeckRSU2025-02-26——15,379—2,080,010
Matthew MeisterRSU2025-02-26——3,327—449,977
Arni SigurdssonRSU2025-01-03——4,987—624,971
Arni SigurdssonPSU2025-02-26—4,436—13,308599,969
Arni SigurdssonRSU2025-02-26——2,957—399,934

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Matthew Meister$449,977$675,033$060.0%
Robert Petrie279,968419,951060.0%
Brian Deck2,080,0103,119,947060.0%
Roger Claessens220,052330,010060.0%
Arni Sigurdsson1,024,905599,969036.9%

% 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
Roger ClaessensPSU1,627—$245,140
Roger ClaessensRSU2,798—421,575
Arni SigurdssonPSU2,957—445,531
Robert PetriePSU3,199—481,993
Matthew MeisterPSU4,937—743,858
Arni SigurdssonRSU10,073—1,517,699
Robert PetrieRSU13,973—2,105,312
Matthew MeisterRSU20,481—3,085,872
Brian DeckPSU23,333—3,515,583
Brian DeckRSU97,137—14,635,632
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Alan D. FeldmanIndependent · Board Chair · Compensation and Human Resources$216,667$160,000——$3,242$379,909
Ólafur S. GudmundssonIndependent · Compensation and Human Resources · Governance and Sustainability · Newly elected71,250220,417——1,328292,995
Ann E. SavageIndependent · Audit · Newly elected71,250220,417——1,253292,920
Arnar Thor MássonIndependent · Compensation and Human Resources · Governance and Sustainability · Newly elected71,250220,417——0291,667
Svafa GrönfeldtIndependent · Audit · Newly elected71,250220,417——0291,667
Barbara L. BrasierIndependent · Audit (Chair) · Governance and Sustainability116,677160,000——8,462285,139
Polly B. KawalekIndependent · Compensation and Human Resources (Chair)15,000255,000——126270,126
Charles L. HarringtonIndependent · Audit · Governance and Sustainability (Chair)11,250255,000——2,680268,930
Lawrence V. JacksonIndependent · Compensation and Human Resources · Governance and Sustainability95,000160,000——3,284258,284
C. Maury DevineIndependent · Not standing for re-election · Departed during FY27,5000——027,500
Brian A. DeckEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$95,000
Annual equity retainer$160,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 15,000
Stock ownership guideline$5

Total cost of the board

ComponentFY2025
Cash retainers and fees$767,094
Equity awards (grant-date value)$1,871,668
All other compensation$20,375
Total cost of the board$2,659,137

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

Peer group, and who names JBT Marel as a peer

Companies that benchmark against JBTM

4 companies name JBTM as a compensation peer

The list of companies that name JBTM 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.

Peer reciprocity

The companies JBT Marel Corp 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
1ITT Inc.2025Luca Savi$1,190,386$11,073,033$0$2,575,800$15,104,378
2The Timken Company2025Lucian Boldea366,66712,004,07101,124,14515,045,651
3Regal Rexnord Corporation2025Louis Pinkham1,223,0777,693,84702,228,45011,468,817
4Flowserve Corporation2025R. Scott Rowe1,236,5387,245,11401,901,25010,914,232
5Crane Company2025Max Mitchell1,244,2315,480,7381,562,5061,840,20010,518,852
6SPX Technologies, Inc.2025Eugene Lowe, III1,138,1164,619,8051,318,2212,072,9669,338,813
7Idex Corporation2025Eric Ashleman1,079,8854,933,4971,521,6211,345,1639,112,893
8Lincoln Electric Holdings, Inc.2025Steven Hedlund1,050,0004,326,6361,375,0271,301,6158,394,536
9Nordson Corporation2025Sundaram Nagarajan1,049,3853,514,4131,519,5471,327,4728,153,900
10JBT Marel Corp2025Brian Deck1,065,8105,199,95701,480,5007,966,447
11Valmont Industries, Inc.2025Avner Applbaum1,052,0003,961,8171,423,4351,143,2617,762,266
12Chart Industries, Inc.2024Jillian Evanko1,100,0004,378,4241,573,870565,7857,687,879
13Mueller Water Products, Inc.2025Marietta Edmunds Zakas931,3272,970,915849,9772,038,6766,855,283
14Hillenbrand Inc.2024Kimberly Ryan1,002,2134,973,1730640,3386,747,446
15Donaldson Company Inc.2026Richard Lewis883,4231,568,9001,570,0131,114,9645,195,987
16Franklin Electric Co., Inc.2025Joseph Ruzynski900,0002,624,984875,116558,9005,072,064
—Allison Transmission Holdings 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

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
JBT Marel Corpnot disclosedPRSU 60 · RSU 40not disclosedMeridian
Allison Transmission Holdings Inc.not disclosednot disclosednot disclosednot disclosed
Chart Industries, Inc.38.1%not disclosedNoPay Governance
Crane Company122.7%PSU 55 · Options 25 · RSU 20NoFrederic W. Cook & Co., Inc.
Donaldson Company Inc.not disclosedPSU 50 · Option 50not disclosedWTW
Flowserve Corporation117%not disclosedYes — relative Total Shareholder Return (rTSR)F.W. Cook
Franklin Electric Co., Inc.62.1%PSU 50 · Option 25 · RSU 25NoMeridian
Hillenbrand Inc.not disclosedPRSU 66.7 · RSU 33.3not disclosedPay Governance
Idex Corporation99%PSU 50 · Options 25 · RSU 25Yes — relative TSR measured against the TSR of companies in the S&P 500 IndexF.W. Cook
ITT Inc.159%PSU 60 · RSU 40Yes — Relative TSRPay Governance
Lincoln Electric Holdings, Inc.80.8%not disclosedNoMeridian Compensation Partners
Mueller Water Products, Inc.199%PRSU 50 · Option 25 · RSU 25Yes — relative total shareholder return (rTSR)Farient Advisors, LLC
Nordson Corporationnot disclosedPSU 50 · Options 30 · RSU 20NoFW Cook
Regal Rexnord Corporation127.3%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Meridian Compensation Partners
SPX Technologies, Inc.163.9%PSU 50 · Option 25 · RSU 25Yes — Relative TSRMeridian Compensation Partners, LLC
The Timken Company81.8%PSU 60 · RSU 40Yes — Relative TSRWillis Towers Watson
Valmont Industries, Inc.94.6%Option 50 · RSU 50NoFW 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
20262026-05-1442,078,9433,116,022332,88493.11%Passed
20252025-05-1537,066,6181,061,307106,86897.22%Passed
20232023-05-1229,120,158351,07916,35798.81%Passed
20222022-05-1329,399,902323,06925,44398.91%Passed
20212021-05-1428,681,194784,58922,97597.34%Passed
20202020-05-1529,473,950307,34826,24598.97%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
20262026-05-1493.11%a
20252025-05-1597.22%b
20232023-05-1298.81%c

a. Voting standard not stated in the filing.

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)86 : 1
CEO total compensation$7,966,447
Median employee compensation$92,757
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (51 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, Brian Deck. DEF 14A, filed 2026-04-01. Section “Summary Compensation Table” · page 42. As printed: 7,966,447. View filing ↗
  • Section 01, Arni Sigurdsson. DEF 14A, filed 2026-04-01. Section “Summary Compensation Table” · page 42. As printed: 6,842,169. View filing ↗
  • Section 01, Matthew Meister. DEF 14A, filed 2026-04-01. Section “Summary Compensation Table” · page 42. As printed: 2,316,043. View filing ↗
  • Section 01, Robert Petrie. DEF 14A, filed 2026-04-01. Section “Summary Compensation Table” · page 42. As printed: 1,611,145. View filing ↗
  • Section 01, Roger Claessens. DEF 14A, filed 2026-04-01. Section “Summary Compensation Table” · page 42. As printed: 1,542,436. View filing ↗
  • Section 03, Matthew Meister PSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Petrie PSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Brian Deck PSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Petrie RSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Roger Claessens PSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Roger Claessens RSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Brian Deck RSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Matthew Meister RSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Arni Sigurdsson RSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Arni Sigurdsson PSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Arni Sigurdsson RSU. DEF 14A, filed 2026-04-01. Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-01. Section “CEO Pay Ratio”. As printed: 86 : 1. View filing ↗
  • Section 08, Alan D. Feldman. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 379,909. View filing ↗
  • Section 08, Ólafur S. Gudmundsson. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 292,995. View filing ↗
  • Section 08, Ann E. Savage. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 292,920. View filing ↗
  • Section 08, Arnar Thor Másson. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 291,667. View filing ↗
  • Section 08, Svafa Grönfeldt. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 291,667. View filing ↗
  • Section 08, Barbara L. Brasier. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 285,139. View filing ↗
  • Section 08, Polly B. Kawalek. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 270,126. View filing ↗
  • Section 08, Charles L. Harrington. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 268,930. View filing ↗
  • Section 08, Lawrence V. Jackson. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 258,284. View filing ↗
  • Section 08, C. Maury Devine. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 27,500. View filing ↗
  • Section 08, Brian A. Deck. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-19. Item 5.07 · say-on-pay result. As reported: 93.11% (votes for as printed: 42,078,943). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-20. Item 5.07 · say-on-pay result. As reported: 97.22% (votes for as printed: 37,066,618). View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-05-18. Item 5.07 · say-on-pay result. As reported: 98.81% (votes for as printed: 29,120,158). 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 767,094 + equity 1,871,668 + all other 20,375 = 2,659,137, summed across the director compensation table rows.
  • ITT Inc., Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in ITT Inc.'s own proxy. As printed: 15,104,378. View filing ↗
  • The Timken Company, Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in The Timken Company's own proxy. As printed: 15,045,651. View filing ↗
  • Regal Rexnord Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in Regal Rexnord Corporation's own proxy. As printed: 11,468,817. 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 Company, Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Crane Company's own proxy. As printed: 10,518,852. View filing ↗
  • SPX Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in SPX Technologies, Inc.'s own proxy. As printed: 9,338,813. View filing ↗
  • Idex Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Idex Corporation's own proxy. As printed: 9,112,893. View filing ↗
  • Lincoln Electric Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Lincoln Electric Holdings, Inc.'s own proxy. As printed: 8,394,536. View filing ↗
  • Nordson Corporation, Section 10b CEO total. DEF 14A, filed 2026-01-16. CEO total compensation as printed in Nordson Corporation's own proxy. As printed: 8,153,900. View filing ↗
  • JBT Marel Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in JBT Marel Corp's own proxy. As printed: 7,966,447. View filing ↗
  • Valmont Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Valmont Industries, Inc.'s own proxy. As printed: 7,762,266. View filing ↗
  • Chart Industries, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-08. CEO total compensation as printed in Chart Industries, Inc.'s own proxy. As printed: 7,687,879. View filing ↗
  • Mueller Water Products, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-19. CEO total compensation as printed in Mueller Water Products, Inc.'s own proxy. As printed: 6,855,283. View filing ↗
  • Hillenbrand Inc., Section 10b CEO total. DEF 14A, filed 2025-01-07. CEO total compensation as printed in Hillenbrand Inc.'s own proxy. As printed: 6,747,446. View filing ↗
  • Donaldson Company Inc., Section 10b CEO total. DEF 14A, filed 2026-10-06. CEO total compensation as printed in Donaldson Company Inc.'s own proxy. As printed: 5,195,987. View filing ↗
  • Franklin Electric Co., Inc., Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Franklin Electric Co., Inc.'s own proxy. As printed: 5,072,064. View filing ↗
  • Section 10a, SPX Technologies, Inc. reciprocity. DEF 14A. SPX Technologies, Inc. names JBT Marel Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
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