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Companies SunCoke Energy, Inc.

SunCoke Energy (SXC): executive pay, fiscal 2025

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CEO total pay$4,401,365CEO Katherine Gates · source
Say-on-pay support96.4%Latest vote · source
CEO vs. named peers7th pct.Of 16 peer CEOs
CEO pay ratio57:1To the median employee · source

CEO pay, last three years

  • $2,497,829FY2023
  • $4,587,812FY2024
  • $4,401,365FY2025

CEO total pay was $4,401,365 in fiscal 2025, down from $4,587,812 in fiscal 2024.

FY2025: salary $975,000 · bonus $0 · stock awards $2,047,011

Executives and directors

Frequently asked questions

Who was the highest-paid executive at SunCoke Energy, Inc. in fiscal 2025?
As disclosed, Katherine Gates (President & Chief Executive Officer) was the highest-paid executive at SunCoke Energy, Inc. in fiscal 2025, with total compensation of $4,401,365.
How does SunCoke Energy, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Katherine Gates's total compensation ranked at the 7th percentile of SunCoke Energy, Inc.'s disclosed peer group.
What is SunCoke Energy, Inc.'s CEO-to-median employee pay ratio?
As disclosed, SunCoke Energy, Inc.'s CEO-to-median employee pay ratio was 57:1.
How did shareholders vote on SunCoke Energy, Inc.'s executive compensation?
As disclosed, 96.4% of shareholders supported SunCoke Energy, Inc.'s executive compensation in the latest say-on-pay vote.
How much does SunCoke Energy, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, SunCoke Energy, Inc. reported total board compensation of $1,500,000 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 officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Katherine Gates$975,000$0$2,047,011—$1,028,706$0$350,648$4,401,365
President & Chief Executive Officer
P. Michael Hardesty516,203—361,256—514,6490154,7911,546,899
SVP, Com Ops, BD Int’l Coke & Terminals
Mark Marinko503,464—352,340—513,1390102,3521,471,294
Former SVP & CFO
Sarah Albert450,0000334,203—303,981058,5881,146,773
SVP, Chief Legal and Administrative 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Katherine Gates$4,401,365$4,587,812$2,497,829↓ −186,447
P. Michael Hardesty1,546,8991,824,5241,688,866↓ −277,625
Mark Marinko1,471,2941,724,2991,376,532↓ −253,005
Sarah Albert1,146,773———

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

SunCoke's compensation program is designed to align pay with the long-term interests of stockholders by linking incentive compensation to financial, operational, and share performance metrics. The program emphasizes a strong pay-for-performance orientation, competitive market-based compensation levels, and the attraction and retention of top-level executive talent while avoiding legacy liabilities.

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
Sarah AlbertRSU2025-02-21——26,533—$244,104
P. Michael HardestyRSU2025-02-21——26,065—239,798
John QuanciRSU2025-02-21——16,602—152,738
Sarah AlbertPSU2025-02-21—13,267—31,841112,387
P. Michael HardestyPSU2025-02-21—13,032—31,277121,458
Katherine GatesPSU2025-02-21—73,846—177,230688,245
P. Michael HardestyRSU2025-02-21——26,065—239,798
Mark MarinkoPSU2025-02-21—12,711—30,506118,467
Mark MarinkoRSU2025-02-21——25,421—233,873
Sarah AlbertPSU2025-02-21—13,267—31,841112,387
Sarah AlbertRSU2025-02-21——26,533—244,104
QuanciRSU2025-02-21——16,602—152,738
Katherine GatesRSU2025-02-21——147,692—1,358,766
Katherine GatesPSU2025-02-21—73,846—177,230688,245
P. Michael HardestyPSU2025-02-21—13,032—31,277121,458
Katherine GatesRSU2025-02-21——147,692—1,358,766

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Sarah Albert$488,208$224,774$031.5%
P. Michael Hardesty479,596242,916033.6%
John Quanci152,738000.0%
Katherine Gates2,717,5321,376,490033.6%
Mark Marinko233,873118,467033.6%
Quanci152,738000.0%

% 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
Sarah AlbertPSU13,267—$95,522
Mark MarinkoPSU24,111—173,599
P. Michael HardestyPSU24,720—177,984
QuanciRSU32,058—230,818
Sarah AlbertRSU36,254—261,029
Mark MarinkoRSU49,088—353,434
P. Michael HardestyRSU50,332—362,390
Katherine GatesPSU131,566—947,275
Katherine GatesRSU242,529—1,746,209
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Arthur F. AntonIndependent · Board Chair · Compensation · Governance$190,000$130,000$0——$320,000
Ralph M. Della Ratta JrIndependent · Audit · Compensation (Chair)72,000178,0000——250,000
Martha Z. CarnesIndependent · Audit (Chair)115,000130,0000——245,000
Susan R. LandahlIndependent · Compensation · Governance (Chair)105,000130,0000——235,000
Michael W. LewisIndependent · Audit · Governance100,000130,0000——230,000
Andrei A. MikhalevskyIndependent · Compensation · Governance90,000130,0000——220,000
Katherine T. GatesEmployee director · Compensation—————0

Board fee structure and ownership guideline

Annual cash retainer$90,000
Annual equity retainer$130,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline$5

Total cost of the board

ComponentFY2025
Cash retainers and fees$672,000
Equity awards (grant-date value)$828,000
All other compensation$0
Total cost of the board$1,500,000

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

Peer group, and who names SunCoke Energy as a peer

Companies that benchmark against SXC

4 companies name SXC as a compensation peer

Each company listed discloses SXC 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 SXC 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 SunCoke Energy, Inc. 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
1ATI Inc.2025Kimberly Fields$950,000$10,051,700$0$2,295,794$13,512,737
2Ingevity Corporation2025David Li810,6858,500,0862,000,0071,293,60012,839,719
3Carpenter Technology Corporation2026Tony Thene1,055,3568,250,41802,924,78412,393,230
4Eagle Materials Inc.2026Michael Haack1,119,4565,457,2701,657,8341,948,98710,302,728
5Cabot Corporation2025Sean Keohane1,100,0004,224,8472,274,9251,402,5019,307,883
6Kaiser Aluminum Corporation2025Keith Harvey1,000,0004,212,18802,127,5007,914,836
7Minerals Technologies Inc.2025Douglas Dietrich1,050,0002,310,022768,8032,891,1607,405,693
8Warrior Met Coal, Inc.2025Walter Scheller III900,0004,121,83102,011,7257,336,513
9Worthington Steel, Inc.2026Geoffrey Gilmore1,082,0772,976,54803,005,3477,194,997
10Koppers Holdings Inc.2025Leroy Ball975,0005,145,824006,358,244
11Enviri Corporation2025F. Nicholas Grasberger III1,014,2693,278,410950,881631,4845,972,813
12Metallus Inc.2025Michael Williams902,7083,865,15601,017,8035,863,348
13Radius Recycling, Inc.2024Tamara Lundgren1,200,7663,348,7910143,5404,912,875
14Materion Corporation2025Jugal Vijayvargiya982,6932,960,100779,92104,794,902
15SunCoke Energy, Inc.2025Katherine Gates975,0002,047,011—1,028,7064,401,365
16Quaker Chemical Corporation2025Joseph Berquist800,0002,420,3190461,8403,709,451
—Summit Materials, 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
SunCoke Energy, Inc.not disclosednot disclosednot disclosedMeridian
ATI Inc.not disclosedPSU 70 · RSU 30not disclosedMeridian Compensation Partners, LLC
Cabot Corporation90%not disclosedNoMeridian Compensation Partners
Carpenter Technology Corporationnot disclosedPRSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Korn Ferry
Eagle Materials Inc.not disclosedOptions 50 · PSU 25 · RSU 25Yes — Average Absolute Total Stockholder Return (Avg. A-TSR)Meridian Compensation Partners
Enviri Corporationnot disclosedPSU 50 · RSU 25 · SAR 25Yes — Total Stockholder Return (TSR) performance relative to the S&P 600 Industrials IndexPearl Meyer & Partners, LLP
Ingevity Corporationnot disclosedPSU 50 · RSU 50not disclosedPearl Meyer
Kaiser Aluminum Corporationnot disclosednot disclosednot disclosedMeridian
Koppers Holdings Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Materion Corporationnot disclosedPSU 75NoFrederic W. Cook & Co., Inc.
Metallus Inc.not disclosedPRSU 60 · RSU 40not disclosedMeridian
Minerals Technologies Inc.not disclosednot disclosednot disclosedFW Cook
Quaker Chemical Corporationnot disclosedPSU 60 · RSU 40not disclosedMeridian Compensation Partners
Radius Recycling, Inc.not disclosedRSU 50 · PSU 50not disclosedPearl Meyer
Summit Materials, Inc.not disclosednot disclosednot disclosednot disclosed
Warrior Met Coal, Inc.not disclosednot disclosednot disclosednot disclosed
Worthington Steel, Inc.not disclosednot disclosednot disclosedWillis Towers Watson

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
20262026-05-1463,401,2402,219,465147,88896.4%Passed
20242024-05-1667,260,4753,398,11075,83995.09%Passed
20232023-05-1161,448,8524,240,340161,50593.32%Passed
20222022-05-1258,573,8404,868,424104,24492.17%Passed
20212021-05-1353,860,6123,787,228178,68693.14%Passed
20202020-06-0861,767,5741,065,090195,14498%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
20262026-05-1496.4%a
20242024-05-1695.09%b
20232023-05-1193.32%c

a. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote " AGAINST " these proposals.”.

b. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote " AGAINST " these proposals.”.

c. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote " AGAINST " these proposals.”.

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)57 : 1
CEO total compensation$5,410,975
Median employee compensation$94,566
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (52 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, Katherine Gates. DEF 14A, filed 2026-04-01. Section “Summary Compensation Table”. As printed: 4,401,365. View filing ↗
  • Section 01, P. Michael Hardesty. DEF 14A, filed 2026-04-01. Section “Summary Compensation Table”. As printed: 1,546,899. View filing ↗
  • Section 01, Mark Marinko. DEF 14A, filed 2026-04-01. Section “Summary Compensation Table”. As printed: 1,471,294. View filing ↗
  • Section 01, Sarah Albert. DEF 14A, filed 2026-04-01. Section “Summary Compensation Table”. As printed: 1,146,773. View filing ↗
  • Section 03, Sarah Albert RSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, P. Michael Hardesty RSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, John Quanci RSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Sarah Albert PSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, P. Michael Hardesty PSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Katherine Gates PSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, P. Michael Hardesty RSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Mark Marinko PSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Mark Marinko RSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Sarah Albert PSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Sarah Albert RSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Quanci RSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Katherine Gates RSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Katherine Gates PSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, P. Michael Hardesty PSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Katherine Gates RSU. DEF 14A, filed 2026-04-01. Section “2025 Grant of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2022-03-25. Section “CEO Pay Ratio”. As printed: 57 : 1. View filing ↗
  • Section 08, Arthur F. Anton. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 320,000. View filing ↗
  • Section 08, Ralph M. Della Ratta Jr. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 250,000. View filing ↗
  • Section 08, Martha Z. Carnes. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 245,000. View filing ↗
  • Section 08, Susan R. Landahl. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 235,000. View filing ↗
  • Section 08, Michael W. Lewis. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 230,000. View filing ↗
  • Section 08, Andrei A. Mikhalevsky. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 220,000. View filing ↗
  • Section 08, Katherine T. Gates. 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: 96.4% (votes for as printed: 63,401,240). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-16. Item 5.07 · say-on-pay result. As reported: 95.09% (votes for as printed: 67,260,475). View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-05-12. Item 5.07 · say-on-pay result. As reported: 93.32%. 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 672,000 + equity 828,000 + all other 0 = 1,500,000, summed across the director compensation table rows.
  • ATI Inc., Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in ATI Inc.'s own proxy. As printed: 13,512,737. View filing ↗
  • Ingevity Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Ingevity Corporation's own proxy. As printed: 12,839,719. View filing ↗
  • Carpenter Technology Corporation, Section 10b CEO total. DEF 14A, filed 2026-09-11. CEO total compensation as printed in Carpenter Technology Corporation's own proxy. As printed: 12,393,230. View filing ↗
  • Eagle Materials Inc., Section 10b CEO total. DEF 14A, filed 2026-06-15. CEO total compensation as printed in Eagle Materials Inc.'s own proxy. As printed: 10,302,728. View filing ↗
  • 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 ↗
  • Kaiser Aluminum Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Kaiser Aluminum Corporation's own proxy. As printed: 7,914,836. 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 ↗
  • Warrior Met Coal, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-10. CEO total compensation as printed in Warrior Met Coal, Inc.'s own proxy. As printed: 7,336,513. View filing ↗
  • Worthington Steel, Inc., Section 10b CEO total. DEF 14A, filed 2026-08-14. CEO total compensation as printed in Worthington Steel, Inc.'s own proxy. As printed: 7,194,997. 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 ↗
  • Enviri Corporation, Section 10b CEO total. 10-K/A, filed 2026-04-29. CEO total compensation as printed in Enviri Corporation's own proxy. As printed: 5,972,813. View filing ↗
  • Metallus Inc., Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Metallus Inc.'s own proxy. As printed: 5,863,348. View filing ↗
  • Radius Recycling, Inc., Section 10b CEO total. DEF 14A, filed 2024-12-16. CEO total compensation as printed in Radius Recycling, Inc.'s own proxy. As printed: 4,912,875. View filing ↗
  • Materion Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Materion Corporation's own proxy. As printed: 4,794,902. View filing ↗
  • SunCoke Energy, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in SunCoke Energy, Inc.'s own proxy. As printed: 4,401,365. 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 ↗
  • Section 10a, Eagle Materials Inc. reciprocity. DEF 14A. Eagle Materials Inc. names SunCoke Energy, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Radius Recycling, Inc. reciprocity. DEF 14A. Radius Recycling, Inc. names SunCoke Energy, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
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