Companies Orion SA
Orion (OEC): executive pay, fiscal 2025
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CEO pay, last three years
- $7,585,239FY2023
- $4,558,951FY2024
- $3,488,971FY2025
CEO total pay was $3,488,971 in fiscal 2025, down from $4,558,951 in fiscal 2024.
FY2025: salary $1,140,000 · bonus $0 · stock awards $1,732,655 · 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 |
|---|---|---|---|---|---|---|---|---|
| Corning Painter | $1,140,000 | $0 | $1,732,655 | $0 | $598,500 | $0 | $17,816 | $3,488,971 |
| Chief Executive Officer | ||||||||
| Jeff Glajch | 506,674 | 0 | 330,035 | 0 | 172,903 | 0 | 17,816 | 1,027,428 |
| Former Chief Financial Officer | ||||||||
| Sandra Niewiem | 437,455 | 0 | 173,380 | 0 | 137,798 | 0 | 104,662 | 853,295 |
| SVP, Global Specialty Carbon Black and EMEA Region | ||||||||
| Pedro Riveros | 449,826 | 0 | 195,342 | 0 | 141,695 | 0 | 17,816 | 804,679 |
| SVP, Global Rubber Carbon Black and Americas Region | ||||||||
| Carlos Quinones | 415,855 | 0 | 180,590 | 0 | 130,994 | 0 | 17,816 | 745,255 |
| SVP, Global Operations | ||||||||
| Jon Puckett | 38,462 | 70,000 | 258,860 | 0 | 0 | 0 | 51,790 | 419,112 |
| 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 |
|---|---|---|---|---|
| Corning Painter | $3,488,971 | $4,558,951 | $7,585,239 | ↓ −1,069,980 |
| Jeff Glajch | 1,027,428 | 1,122,964 | 1,790,048 | ↓ −95,536 |
| Sandra Niewiem | 853,295 | 924,093 | 983,036 | ↓ −70,798 |
| Pedro Riveros | 804,679 | 971,939 | 1,100,777 | ↓ −167,260 |
| Carlos Quinones | 745,255 | 828,479 | 957,700 | ↓ −83,224 |
| Jon Puckett | 419,112 | — | — | — |
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
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | — |
| Anti-pledging | — |
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 |
|---|---|---|---|---|---|---|---|
| Jeff Glajch | PSU | 2025-05-05 | 15,763 | 31,525 | — | 63,050 | $167,768 |
| Sandra Niewiem | RSU | 2025-05-05 | — | — | 7,098 | — | 85,247 |
| Corning Painter | PSU | 2025-05-05 | 82,753 | 165,505 | — | 331,010 | 880,774 |
| Jon Puckett | RSU | 2025-12-13 | — | — | 49,213 | — | 258,860 |
| Pedro Riveros | RSU | 2025-05-05 | — | — | 7,997 | — | 96,044 |
| Jeff Glajch | RSU | 2025-05-05 | — | — | 13,511 | — | 162,267 |
| Sandra Niewiem | PSU | 2025-05-05 | 8,281 | 16,561 | — | 33,122 | 88,133 |
| Corning Painter | RSU | 2025-05-05 | — | — | 70,931 | — | 851,811 |
| Carlos Quinones | RSU | 2025-05-05 | — | — | 7,393 | — | 88,790 |
| Pedro Riveros | PSU | 2025-05-05 | 9,330 | 18,659 | — | 37,318 | 99,298 |
| Carlos Quinones | PSU | 2025-05-05 | 8,625 | 17,250 | — | 34,500 | 91,800 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Jeff Glajch | $162,267 | $167,768 | $0 | 50.8% |
| Sandra Niewiem | 85,247 | 88,133 | 0 | 50.8% |
| Corning Painter | 851,811 | 880,774 | 0 | 50.8% |
| Jon Puckett | 258,860 | 0 | 0 | 0.0% |
| Pedro Riveros | 96,044 | 99,298 | 0 | 50.8% |
| Carlos Quinones | 88,790 | 91,800 | 0 | 50.8% |
% 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 |
|---|---|---|---|---|
| Carlos Quinones | RSU | 1,314 | — | $6,938 |
| Sandra Niewiem | RSU | 1,687 | — | 8,907 |
| Pedro Riveros | RSU | 1,892 | — | 9,990 |
| Jeff Glajch | RSU | 3,265 | — | 17,239 |
| Carlos Quinones | PSU | 4,599 | — | 24,283 |
| Sandra Niewiem | RSU | 4,732 | — | 24,985 |
| Carlos Quinones | RSU | 4,929 | — | 26,025 |
| Pedro Riveros | RSU | 5,331 | — | 28,148 |
| Sandra Niewiem | PSU | 5,904 | — | 31,173 |
| Pedro Riveros | PSU | 6,621 | — | 34,959 |
| Sandra Niewiem | PSU | 8,281 | — | 43,724 |
| Carlos Quinones | PSU | 8,625 | — | 45,540 |
| Jeff Glajch | RSU | 9,007 | — | 47,557 |
| Pedro Riveros | PSU | 9,330 | — | 49,262 |
| Jeff Glajch | PSU | 11,427 | — | 60,335 |
| Jeff Glajch | PSU | 15,763 | — | 83,228 |
| Corning Painter | RSU | 16,869 | — | 89,068 |
| Corning Painter | RSU | 47,287 | — | 249,675 |
| Jon Puckett | RSU | 49,213 | — | 259,845 |
| Corning Painter | PSU | 59,040 | — | 311,731 |
| Corning Painter | PSU | 82,753 | — | 436,933 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Dan SmithIndependent · Board Chair · Compensation (Chair) · Executive (Chair) · Chairman of the Board | $235,000 | $137,500 | $0 | — | $0 | $372,500 |
| Paul HuckIndependent · Audit (Chair) · Compensation · Executive | 137,000 | 137,500 | 0 | — | 0 | 274,500 |
| Kerry GalvinIndependent · Audit · Nominating, Sustainability and Governance (Chair) · Executive | 135,000 | 137,500 | 0 | — | 0 | 272,500 |
| Mary LindseyIndependent · Audit | 115,000 | 137,500 | 0 | — | 0 | 252,500 |
| Didier MiratonIndependent · Compensation | 112,000 | 137,500 | 0 | — | 0 | 249,500 |
| Yi Hyon PaikIndependent · Nominating, Sustainability and Governance | 110,000 | 137,500 | 0 | — | 0 | 247,500 |
| Michel WurthIndependent · Nominating, Sustainability and Governance · Not standing for re-election | 110,000 | 137,500 | 0 | — | 0 | 247,500 |
| Jacqueline HoogerbruggeIndependent · Audit · Newly elected | 57,500 | 137,500 | 0 | — | 0 | 195,000 |
| Hans-Dietrich WinkhausIndependent · Audit · Departed during FY | 57,500 | 0 | 0 | — | 0 | 57,500 |
| Corning PainterEmployee director · Executive | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $105,000 |
|---|---|
| Annual equity retainer | $137,500 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 25,000 / 20,000 |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,069,000 |
| Equity awards (grant-date value) | $1,100,000 |
| All other compensation | $0 |
| Total cost of the board | $2,169,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Orion as a peer
Companies that benchmark against OEC
1 company names OEC as a compensation peer
- LSB INDUSTRIES, INC.LXUFY2025
Each company listed discloses OEC 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 OEC 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.
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 | Cabot Corporation | 2025 | Sean Keohane | $1,100,000 | $4,224,847 | $2,274,925 | $1,402,501 | $9,307,883 |
| 2 | HB Fuller Company | 2025 | Celeste Mastin | 1,082,692 | 2,971,976 | 3,025,538 | 1,339,891 | 8,830,569 |
| 3 | Sensient Technologies Corporation | 2025 | Paul Manning | 1,080,000 | 4,750,076 | 0 | 1,842,064 | 8,665,993 |
| 4 | Tronox Holdings PLC | 2025 | John Romano | 1,100,000 | 5,658,661 | 0 | 1,052,480 | 8,254,510 |
| 5 | Innospec Inc. | 2025 | Patrick Williams | 1,380,548 | 5,285,623 | 0 | 1,365,336 | 8,252,747 |
| 6 | Ashland, Inc. | 2025 | Guillermo Novo | 1,152,332 | 5,233,863 | 0 | 1,313,830 | 7,907,423 |
| 7 | Minerals Technologies Inc. | 2025 | Douglas Dietrich | 1,050,000 | 2,310,022 | 768,803 | 2,891,160 | 7,405,693 |
| 8 | Koppers Holdings, Inc. | 2025 | Leroy Ball | 975,000 | 5,145,824 | 0 | 0 | 6,358,244 |
| 9 | Advansix, Inc. | 2025 | Erin Kane | 1,019,700 | 3,747,900 | 0 | 785,400 | 5,647,438 |
| 10 | Ecovyst, Inc. | 2025 | Kurt Bitting | 750,000 | 3,347,752 | 0 | 804,000 | 4,992,440 |
| 11 | Quaker Chemical Corporation | 2025 | Joseph Berquist | 800,000 | 2,420,319 | 0 | 461,840 | 3,709,451 |
| 12 | Orion SA | 2025 | Corning Painter | 1,140,000 | 1,732,655 | 0 | 598,500 | 3,488,971 |
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 |
|---|---|---|---|---|
| Orion SA | not disclosed | not disclosed | not disclosed | not disclosed |
| Advansix, Inc. | not disclosed | PSU 50 · RSU 50 | not disclosed | not disclosed |
| Ashland, Inc. | 90.4% | not disclosed | Yes — Relative Total Shareholder Return (rTSR) | Meridian Compensation Partners |
| Cabot Corporation | 90% | not disclosed | No | Meridian Compensation Partners |
| Ecovyst, Inc. | not disclosed | PSU 60 · RSU 40 | not disclosed | Willis Towers Watson |
| HB Fuller Company | not disclosed | not disclosed | not disclosed | Willis Towers Watson US LLC |
| Innospec Inc. | not disclosed | not disclosed | not disclosed | Willis Towers Watson |
| Koppers Holdings, Inc. | not disclosed | not disclosed | not disclosed | Meridian Compensation Partners, LLC |
| Minerals Technologies Inc. | not disclosed | not disclosed | not disclosed | FW Cook |
| Quaker Chemical Corporation | not disclosed | PSU 60 · RSU 40 | not disclosed | Meridian Compensation Partners |
| Sensient Technologies Corporation | not disclosed | PSU 60 · Restricted Stock 40 | not disclosed | Willis Towers Watson |
| Tronox Holdings PLC | not disclosed | RSU 50 · PRSU 50 | not disclosed | Frederic W. Cook & Co. (FW Cook) and FIT Remuneration Consultants, LLP |
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 | 2026-06-25 | 41,016,614 | 1,769,809 | 31,906 | 95.86% | Passed |
| 2025 | 2025-06-26 | 42,057,744 | 2,911,936 | 468,799 | 93.52% | Passed |
| 2024 | 2024-06-20 | 45,336,357 | 1,901,393 | 8,394 | 95.97% | Passed |
| 2022 | 2022-06-30 | 41,832,115 | 2,884,741 | 73,238 | 93.55% | Passed |
| 2021 | 2021-06-24 | 48,160,102 | 1,026,237 | 180,189 | 97.91% | Passed |
| 2020 | 2020-06-30 | 45,119,559 | 1,006,004 | 93,402 | 97.82% | 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 | 2026-06-25 | 95.86%a |
| 2025 | 2025-06-26 | 93.52%b |
| 2024 | 2024-06-20 | 95.97%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) | 45 : 1 |
|---|---|
| CEO total compensation | $3,488,971 |
| Median employee compensation | $78,448 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (46 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, Corning Painter. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · page 87. As printed: 3,488,971. View filing ↗
- Section 01, Jeff Glajch. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 1,027,428. View filing ↗
- Section 01, Sandra Niewiem. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 853,295. View filing ↗
- Section 01, Pedro Riveros. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 804,679. View filing ↗
- Section 01, Carlos Quinones. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 745,255. View filing ↗
- Section 01, Jon Puckett. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 419,112. View filing ↗
- Section 03, Jeff Glajch PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Sandra Niewiem RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Corning Painter PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Jon Puckett RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Pedro Riveros RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Jeff Glajch RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Sandra Niewiem PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Corning Painter RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Carlos Quinones RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Pedro Riveros PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Carlos Quinones PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-24. Section “CEO Pay Ratio”. As printed: 45 : 1. View filing ↗
- Section 08, Dan Smith. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 372,500. View filing ↗
- Section 08, Paul Huck. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 274,500. View filing ↗
- Section 08, Kerry Galvin. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 272,500. View filing ↗
- Section 08, Mary Lindsey. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 252,500. View filing ↗
- Section 08, Didier Miraton. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 249,500. View filing ↗
- Section 08, Yi Hyon Paik. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 247,500. View filing ↗
- Section 08, Michel Wurth. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 247,500. View filing ↗
- Section 08, Jacqueline Hoogerbrugge. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 195,000. View filing ↗
- Section 08, Hans-Dietrich Winkhaus. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 57,500. View filing ↗
- Section 08, Corning Painter. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-29. Item 5.07 · say-on-pay result. As reported: 95.86% (votes for as printed: 41,016,614). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-06-26. Item 5.07 · say-on-pay result. As reported: 93.52% (votes for as printed: 42,057,744). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-20. Item 5.07 · say-on-pay result. As reported: 95.97% (votes for as printed: 45,336,357). 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 1,069,000 + equity 1,100,000 + all other 0 = 2,169,000, summed across the director compensation table rows.
- Cabot Corporation, Section 10b CEO total. DEF 14A, filed 2026-01-27. CEO total compensation as printed in Cabot Corporation's own proxy. As printed: 9,307,883. View filing ↗
- HB Fuller Company, Section 10b CEO total. DEF 14A, filed 2026-03-04. CEO total compensation as printed in HB Fuller Company's own proxy. As printed: 8,830,569. View filing ↗
- Sensient Technologies Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Sensient Technologies Corporation's own proxy. As printed: 8,665,993. View filing ↗
- Tronox Holdings PLC, Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Tronox Holdings PLC's own proxy. As printed: 8,254,510. View filing ↗
- Innospec Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Innospec Inc.'s own proxy. As printed: 8,252,747. View filing ↗
- Ashland, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-09. CEO total compensation as printed in Ashland, Inc.'s own proxy. As printed: 7,907,423. View filing ↗
- Minerals Technologies Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Minerals Technologies Inc.'s own proxy. As printed: 7,405,693. View filing ↗
- Koppers Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Koppers Holdings, Inc.'s own proxy. As printed: 6,358,244. View filing ↗
- Advansix, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Advansix, Inc.'s own proxy. As printed: 5,647,438. View filing ↗
- Ecovyst, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in Ecovyst, Inc.'s own proxy. As printed: 4,992,440. View filing ↗
- Quaker Chemical Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Quaker Chemical Corporation's own proxy. As printed: 3,709,451. View filing ↗
- Orion SA (subject), Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Orion SA's own proxy. As printed: 3,488,971. View filing ↗