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Companies Willdan Group, Inc.

Willdan (WLDN): executive pay, fiscal 2025

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CEO total pay$3,637,831CEO Michael Bieber · source
Say-on-pay support93.25%Latest vote · source
CEO vs. named peers50th pct.Of 13 peer CEOs

CEO pay, last three years

  • $1,270,785FY2023
  • $2,400,089FY2024
  • $3,637,831FY2025

CEO total pay was $3,637,831 in fiscal 2025, up from $2,400,089 in fiscal 2024.

FY2025: salary $606,241 · bonus $1,200,000 · stock awards $1,827,320 · option awards $0

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Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael Bieber$606,241$1,200,000$1,827,320$0$0$0$4,270$3,637,831
President and Chief Executive Officer
Creighton Early466,359500,000438,5570004,2501,409,166
Executive Vice President and Chief Financial Officer
Micah Chen420,992500,000438,5570004,2501,363,799
Executive Vice President and General Counsel

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
Michael Bieber$3,637,831$2,400,089$1,270,785↑ +1,237,742
Creighton Early1,409,166936,568924,687↑ +472,598
Micah Chen1,363,799896,024549,936↑ +467,775

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 primary objective of the executive compensation program is to align executives' pay with the long-term interests of stockholders by emphasizing variable, at-risk compensation that rewards short-term and long-term financial, strategic, and operational performance. The program aims to attract, motivate, and retain top contributors while remaining competitive with similarly sized companies.

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

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Micah ChenRSU2025-03-17——4,620—$191,869
Creighton EarlyPSU2025-03-17—5,940—14,850246,688
Micah ChenPSU2025-03-17—5,940—14,850246,688
Creighton EarlyRSU2025-03-17——4,620—191,869
Michael BieberPSU2025-03-17—24,750—61,8751,027,868
Michael BieberRSU2025-03-17——19,250—799,453

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Micah Chen$191,869$246,688$056.2%
Creighton Early191,869246,688056.2%
Michael Bieber799,4531,027,868056.2%

% 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
Micah ChenRSU934—$16,653
Creighton EarlyRSU2,800—77,140
Micah ChenRSU2,800—77,140
Creighton EarlyPSU3,960—70,607
Micah ChenPSU3,960—70,607
Michael BieberRSU4,434—79,058
Creighton EarlyRSU4,620—191,869
Micah ChenRSU4,620—191,869
Creighton EarlyRSU7,600—135,508
Creighton EarlyPSU9,720—267,786
Micah ChenPSU9,720—267,786
Michael BieberRSU11,667—321,416
Creighton EarlyPSU14,850—616,721
Micah ChenPSU14,850—616,721
Michael BieberPSU18,810—335,382
Michael BieberRSU19,250—799,453
Michael BieberPSU40,500—1,115,775
Michael BieberPSU61,875—2,569,669
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Thomas D. BrisbinNot independent · Board Chair$65,000$100,003$0—$303,000$468,003
Steven A. CohenIndependent · Lead Independent Director93,000100,0030—0193,003
Cynthia A. DownesIndependent77,500100,0030—0177,503
Dennis V. McGinnIndependent77,000100,0030—0177,003
Mohammad ShahidehpourIndependent75,500100,0030—0175,503
Wanda K. RederIndependent73,500100,0030—0173,503
Michael A. BieberEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$100,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 12,000
Stock ownership guideline$115,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$461,500
Equity awards (grant-date value)$600,018
All other compensation$303,000
Total cost of the board$1,364,518

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

Peer group, and who names Willdan as a peer

Companies that benchmark against WLDN

5 companies name WLDN as a compensation peer

Each company listed discloses WLDN 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 WLDN 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

Of the companies Willdan Group, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Willdan Group, Inc..

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
1American Superconductor Corporation2025Daniel McGahn$715,769$5,644,800$0$1,149,125$7,529,025
2Huron Consulting Group, Inc.2025C. Mark Hussey1,021,8754,612,52501,515,9757,198,354
3ICF International, Inc.2025John Wasson1,003,0964,715,91801,122,3326,857,678
4LSI Industries Inc.2022Joseph Saffire740,0003,645,43301,332,0005,722,466
5CRA International, Inc.2025Paul Maleh900,0002,099,92501,125,0004,156,568
6Exponent, Inc.2025Catherine Ford Corrigan970,0001,120,164678,51003,736,574
7Willdan Group, Inc.2025Michael Bieber606,2411,827,320003,637,831
8Ameresco, Inc.2025George Sakellaris1,500,000155,1001,385,99903,339,804
9CECO Environmental Corporation2024Todd Gleason717,3831,627,505289,575382,6563,051,771
10Limbach Holdings, Inc.2025Michael McCann800,0001,192,1500741,3062,759,456
11Thermon Group Holdings, Inc.2025Bruce Thames715,0351,299,9630543,6202,579,122
12Bowman Consulting Group Ltd.2025Gary Bowman739,8921,609,784002,404,863
13TIC Solutions2025Benjamin Heraud232,692750,00500986,249

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
Willdan Group, Inc.not disclosedPRSU 55 · RSU 45not disclosedPearl Meyer
Ameresco, Inc.95%not disclosedNoFW Cook
American Superconductor Corporation159%RSU 50 · PSU 50NoCompensia, Inc.
Bowman Consulting Group Ltd.not disclosednot disclosednot disclosedPricewaterhouseCoopers
CECO Environmental Corporation40%PSU 75 · Options 25NoMeridian Compensation Partners LLC
CRA International, Inc.not disclosedPRSU 60 · RSU 40not disclosedSemler Brossy
Exponent, Inc.not disclosednot disclosednot disclosedCompensia
Huron Consulting Group, Inc.not disclosedPSU 70 · RSU 30not disclosedMercer (US) LLC
ICF International, Inc.86.41%PSU 50 · RSU 50NoAon Human Capital Solutions Practice
Limbach Holdings, Inc.not disclosedPRSU 67 · RSU 33not disclosedCAP
LSI Industries Inc.180%PRSU 50 · RSU 50Yes — Relative TSRNFP
Thermon Group Holdings, Inc.76%not disclosedNoMercer
TIC Solutionsnot disclosednot disclosednot disclosedMercer and Aon

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
20262026-06-178,650,776409,216217,30393.25%Passed
20252025-06-128,555,301860,64415,70390.71%Passed
20242024-06-136,339,2723,684,4005,71863.21%Passed
20232023-06-084,082,3175,121,812132,57243.72%Failed
20222022-06-096,045,8084,518,18120,60157.12%Passed
20212021-06-107,794,6681,400,76438,65484.41%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
20262026-06-1793.25%a
20252025-06-1290.71%b
20242024-06-1363.21%c

a. Approved under the standard stated in the filing — “2, 3, and 4, abstentions will have the same effect of a vote "AGAINST" such proposal.”.

b. Approved under the standard stated in the filing — “2, 3, and 5, abstentions will have the same effect of a vote "AGAINST" such proposal.”.

c. Approved under the standard stated in the filing — “2, 3, and 4, abstentions will have the same effect of a vote "AGAINST" such proposal.”.

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.

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, Michael Bieber. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 3,637,831. View filing ↗
  • Section 01, Creighton Early. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 1,409,166. View filing ↗
  • Section 01, Micah Chen. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 1,363,799. View filing ↗
  • Section 03, Micah Chen RSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Creighton Early PSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Micah Chen PSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Creighton Early RSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Bieber PSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Bieber RSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
  • Section 08, Thomas D. Brisbin. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 468,003. View filing ↗
  • Section 08, Steven A. Cohen. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 193,003. View filing ↗
  • Section 08, Cynthia A. Downes. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 177,503. View filing ↗
  • Section 08, Dennis V. McGinn. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 177,003. View filing ↗
  • Section 08, Mohammad Shahidehpour. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 175,503. View filing ↗
  • Section 08, Wanda K. Reder. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 173,503. View filing ↗
  • Section 08, Michael A. Bieber. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-18. Item 5.07 · say-on-pay result. As reported: 93.25% (votes for as printed: 8,650,776). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-13. Item 5.07 · say-on-pay result. As reported: 90.71% (votes for as printed: 8,555,301). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-14. Item 5.07 · say-on-pay result. As reported: 63.21% (votes for as printed: 6,339,272). 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 461,500 + equity 600,018 + all other 303,000 = 1,364,518, summed across the director compensation table rows.
  • American Superconductor Corporation, Section 10b CEO total. DEF 14A, filed 2026-06-18. CEO total compensation as printed in American Superconductor Corporation's own proxy. As printed: 7,529,025. View filing ↗
  • Huron Consulting Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Huron Consulting Group, Inc.'s own proxy. As printed: 7,198,354. View filing ↗
  • ICF International, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in ICF International, Inc.'s own proxy. As printed: 6,857,678. View filing ↗
  • LSI Industries Inc., Section 10b CEO total. DEF 14A, filed 2023-04-13. CEO total compensation as printed in LSI Industries Inc.'s own proxy. As printed: 5,722,466. View filing ↗
  • CRA International, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in CRA International, Inc.'s own proxy. As printed: 4,156,568. View filing ↗
  • Exponent, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-20. CEO total compensation as printed in Exponent, Inc.'s own proxy. As printed: 3,736,574. View filing ↗
  • Willdan Group, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Willdan Group, Inc.'s own proxy. As printed: 3,637,831. View filing ↗
  • Ameresco, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Ameresco, Inc.'s own proxy. As printed: 3,339,804. View filing ↗
  • CECO Environmental Corporation, Section 10b CEO total. DEF 14A, filed 2025-04-10. CEO total compensation as printed in CECO Environmental Corporation's own proxy. As printed: 3,051,771. View filing ↗
  • Limbach Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Limbach Holdings, Inc.'s own proxy. As printed: 2,759,456. View filing ↗
  • Thermon Group Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2025-06-18. CEO total compensation as printed in Thermon Group Holdings, Inc.'s own proxy. As printed: 2,579,122. View filing ↗
  • Bowman Consulting Group Ltd., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Bowman Consulting Group Ltd.'s own proxy. As printed: 2,404,863. View filing ↗
  • TIC Solutions, Section 10b CEO total. DEF 14A, filed 2026-05-21. CEO total compensation as printed in TIC Solutions's own proxy. As printed: 986,249. View filing ↗
  • Section 10a, CRA International, Inc. reciprocity. DEF 14A. CRA International, Inc.'s most recent proxy was read; its disclosed peer group does not include Willdan Group, Inc.. View filing ↗
  • Section 10a, TIC Solutions reciprocity. DEF 14A. TIC Solutions's most recent proxy was read; its disclosed peer group does not include Willdan Group, Inc.. View filing ↗
  • Section 10a, American Superconductor Corporation reciprocity. DEF 14A. American Superconductor Corporation's most recent proxy was read; its disclosed peer group does not include Willdan Group, Inc.. View filing ↗
  • Section 10a, Ameresco, Inc. reciprocity. DEF 14A. Ameresco, Inc. names Willdan Group, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Exponent, Inc. reciprocity. DEF 14A. Exponent, Inc.'s most recent proxy was read; its disclosed peer group does not include Willdan Group, Inc.. View filing ↗
  • Section 10a, ICF International, Inc. reciprocity. DEF 14A. ICF International, Inc.'s most recent proxy was read; its disclosed peer group does not include Willdan Group, Inc.. View filing ↗
  • Section 10a, Limbach Holdings, Inc. reciprocity. DEF 14A. Limbach Holdings, Inc. names Willdan Group, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Thermon Group Holdings, Inc. reciprocity. DEF 14A. Thermon Group Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Willdan Group, Inc.. View filing ↗
  • Section 10a, CECO Environmental Corporation reciprocity. DEF 14A. CECO Environmental Corporation's most recent proxy was read; its disclosed peer group does not include Willdan Group, Inc.. View filing ↗
  • Section 10a, Huron Consulting Group, Inc. reciprocity. DEF 14A. Huron Consulting Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Willdan Group, Inc.. View filing ↗
  • Section 10a, LSI Industries Inc. reciprocity. DEF 14A. LSI Industries Inc.'s most recent proxy was read; its disclosed peer group does not include Willdan Group, Inc.. View filing ↗
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