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Companies Select Water Solutions

Select Water Solutions (WTTR): executive pay, fiscal 2025

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CEO total pay$4,876,029CEO John Schmitz · source
Say-on-pay support98.18%Latest vote · source
CEO vs. named peers31st pct.Of 15 peer CEOs
CEO pay ratio57:1To the median employee · source

CEO pay, last three years

  • $4,389,506FY2023
  • $4,903,858FY2024
  • $4,876,029FY2025

CEO total pay was $4,876,029 in fiscal 2025, down from $4,903,858 in fiscal 2024.

FY2025: salary $800,000 · bonus $128,800 · stock awards $3,245,526 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Select Water Solutions in fiscal 2025?
As disclosed, John Schmitz (Chairman of the Board, President, and Chief Executive Officer) was the highest-paid executive at Select Water Solutions in fiscal 2025, with total compensation of $4,876,029.
How does Select Water Solutions's chief executive pay compare to its disclosed peer group?
As disclosed, John Schmitz's total compensation ranked at the 31st percentile of Select Water Solutions's disclosed peer group.
What is Select Water Solutions's CEO-to-median employee pay ratio?
As disclosed, Select Water Solutions's CEO-to-median employee pay ratio was 57:1.
How did shareholders vote on Select Water Solutions's executive compensation?
As disclosed, 98.18% of shareholders supported Select Water Solutions's executive compensation in the latest say-on-pay vote.
How much does Select Water Solutions spend in total on board compensation for fiscal 2025?
As disclosed, Select Water Solutions reported total board compensation of $1,639,473 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
John Schmitz$800,000$128,800$3,245,526$0$681,352$0$20,351$4,876,029
Chairman of the Board, President, and Chief Executive Officer
Michael Skarke390,00037,440761,0500231,0670106,7681,526,325
Executive Vice President and Chief Operating Officer
Christopher George410,00039,360800,0930242,917014,1081,506,478
Executive Vice President and Chief Financial Officer
Michael Lyons390,00037,440761,0500231,067014,1201,433,678
Executive Vice President, Chief Strategy & Technology Officer
Cody Ortowski365,00035,040712,2600216,255014,1801,342,735
Executive Vice President, Business and Regulatory Affairs

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
John Schmitz$4,876,029$4,903,858$4,389,506↓ −27,829
Michael Skarke1,526,3251,465,3471,327,336↑ +60,978
Christopher George1,506,4781,511,6341,158,616↓ −5,156
Michael Lyons1,433,6781,454,547—↓ −20,869
Cody Ortowski1,342,7351,362,1861,242,834↓ −19,451

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

We generally reference the middle range of our competitive market for base salaries and target incentive opportunities, and the Compensation Committee maintains a focus on pay-for-performance and compensation in the form of equity awards to leverage the Company's ability to attract, retain, and motivate key talent.

CEO STI target (% of salary)115%
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
John SchmitzPSU2025-02-24————$3,245,526
Michael SkarkePSU—————761,050
Michael LyonsPSU—————761,050
Cody OrtowskiPSU—————712,260
Christopher GeorgePSU—————800,093
Cody OrtowskiPSU2025-02-2413,40926,817—53,634385,092
Cody OrtowskiRSU2025-02-24——26,817—327,167
Christopher GeorgePSU2025-02-2415,06230,124—60,248432,581
Christopher GeorgeRSU2025-02-24——30,124—367,513
Michael SkarkePSU2025-02-2414,32728,654—57,308411,471
Michael SkarkeRSU2025-02-24——43,537—349,579
Michael LyonsPSU2025-02-2414,32738,654—57,308411,471
Michael LyonsRSU2025-02-24——38,654—349,579
John SchmitzPSU2025-02-2461,098122,196—244,3921,754,735
John SchmitzRSU2025-02-24——122,196—1,490,791

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
John Schmitz$1,490,791$5,000,261$077.0%
Michael Skarke349,5791,172,521077.0%
Michael Lyons349,5791,172,521077.0%
Cody Ortowski327,1671,097,352077.0%
Christopher George367,5131,232,674077.0%

% 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
Michael LyonsRSU63,378—$666,737
Cody OrtowskiRSU68,799—723,766
Michael SkarkeRSU73,511—773,336
Christopher GeorgeRSU74,427—782,972
Cody OrtowskiPSU108,309—1,139,411
Michael SkarkePSU115,730—1,217,480
Michael LyonsPSU115,730—1,217,480
Christopher GeorgePSU121,624—1,279,485
John SchmitzRSU313,493—3,297,946
John SchmitzPSU493,524—5,191,873
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Richard A. BurnettIndependent · Lead Independent Director · Audit (Chair)$114,441$147,739$0$0$0$262,180
Gayle L. BurlesonIndependent · Compensation (Chair)89,441147,739000237,180
Douglas J. WallIndependent · Compensation · Not standing for re-election84,441147,739000232,180
Robin H. FielderIndependent · Audit · Nominating/Governance & Sustainability74,441147,739000222,180
Luis Fernandez-MorenoIndependent · Compensation · Nominating/Governance & Sustainability74,441147,739000222,180
Timothy A. RobertsIndependent · Audit · Compensation · Newly elected70,000147,739000217,739
Bruce E. CopeIndependent · Audit · Nominating/Governance & Sustainability · Newly elected70,000147,739000217,739
Troy W. ThackerIndependent · Audit · Not standing for re-election · Departed during FY28,095000028,095
John D. SchmitzEmployee director · Board Chair000—00

Board fee structure and ownership guideline

Annual cash retainer$70,000
Annual equity retainer$150,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guidelineour non-employee directors are subject to certain stock ownership and retention requirements.

Total cost of the board

ComponentFY2025
Cash retainers and fees$605,300
Equity awards (grant-date value)$1,034,173
All other compensation$0
Total cost of the board$1,639,473

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

Peer group, and who names Select Water Solutions as a peer

Companies that benchmark against WTTR

10 companies name WTTR as a compensation peer

Each company listed discloses WTTR 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 WTTR 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 Select Water Solutions 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
1Patterson-UTI Energy, Inc.2025William Hendricks$1,300,000$8,497,991$0$2,264,330$12,077,321
2Aris Water Solutions, Inc.2024Amanda Brock732,3086,432,56702,047,5769,233,151
3Archrock, Inc.2025D. Bradley Childers944,2316,037,304—1,985,3639,037,610
4Helmerich & Payne, Inc.2025John Lindsay1,179,9095,749,95701,559,0169,010,799
5NPK International Inc.2025Matthew Lanigan754,0004,058,53703,339,6328,196,160
6ProPetro Holding Corp.2025Samuel Sledge975,0004,391,41001,137,5006,539,712
7Atlas Energy Solutions Inc.2025John Turner906,1544,072,930005,508,018
8Tetra Technologies, Inc.2025Brady Murphy735,0001,325,33303,061,8255,133,908
9Oil States International, Inc.2025Cindy Taylor925,0002,400,00301,654,2445,079,386
10Select Water Solutions2025John Schmitz800,0003,245,5260681,3524,876,029
11Liberty Energy Inc.2025Ron Gusek591,2822,943,85501,057,7184,793,487
12RPC, Inc.2025Ben Palmer618,0001,388,26501,155,6603,192,075
13Ceco Environmental Corp.2024Todd Gleason717,3831,627,505289,575382,6563,051,771
14Cactus, Inc.2025Scott Bender450,0001,821,6340222,7882,524,459
—Solaris Oilfield Infrastructure, Inc.——————not in coverage universe
—U.S. Silica 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
Select Water Solutions88.1%RSU 50 · PSU 50Yes — Relative Total Shareholder Return (TSR)Meridian Compensation Partners
Archrock, Inc.not disclosedRSU 50 · PRSU 50not disclosedPearl Meyer
Aris Water Solutions, Inc.not disclosednot disclosednot disclosedCompensation Advisory Partners, LLC and Pay Governance, LLC
Atlas Energy Solutions Inc.not disclosedRSU 50 · PSU 50not disclosedMeridian Compensation Partners LLC
Cactus, Inc.not disclosedPSU 50 · RSU 50not disclosedPearl Meyer & Partners, LLC
Ceco Environmental Corp.40%PSU 75 · Options 25NoMeridian Compensation Partners LLC
Helmerich & Payne, Inc.109.09%PSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Willis Towers Watson
Liberty Energy Inc.not disclosednot disclosedNoCBIZ Inc.
NPK International Inc.not disclosedRSU 50 · PRSU 50not disclosedZayla Partners, LLC
Oil States International, Inc.not disclosedRSU 50 · PRSU 25 · Cash Performance Award 25not disclosedMeridian Compensation Partners
Patterson-UTI Energy, Inc.not disclosedPSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Pay Governance LLC
ProPetro Holding Corp.not disclosedRSU 50 · PSU 50not disclosedPearl Meyer
RPC, Inc.187%RSU 75 · PSU 25NoMercer, LLC
Solaris Oilfield Infrastructure, Inc.not disclosednot disclosednot disclosednot disclosed
Tetra Technologies, Inc.not disclosedRSU 50 · LTIP Units 50not disclosedPay Governance LLC
U.S. Silica Holdings, Inc.not disclosednot disclosednot disclosednot disclosed

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
20262026-05-07111,834,9241,385,060691,03698.18%Passed
20252025-05-02101,703,7132,157,98534,26897.89%Passed
20242024-05-0889,879,6142,032,035181,26497.6%Passed
20212021-05-0780,058,5681,667,07895,95997.85%Passed
20182018-05-0483,851,654318,541403,27599.15%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
20262026-05-0798.18%a
20252025-05-0297.89%b
20242024-05-0897.6%c

a. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against the 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.

CEO pay ratio

Ratio (CEO : median employee)57 : 1
CEO total compensation$4,871,202
Median employee compensation$86,166
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (54 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, John Schmitz. DEF 14A, filed 2026-03-24. Section “2025 Summary Compensation Table” · page 45. As printed: 4,876,029. View filing ↗
  • Section 01, Michael Skarke. DEF 14A, filed 2026-03-24. Section “2025 Summary Compensation Table”. As printed: 1,526,325. View filing ↗
  • Section 01, Christopher George. DEF 14A, filed 2026-03-24. Section “2025 Summary Compensation Table”. As printed: 1,506,478. View filing ↗
  • Section 01, Michael Lyons. DEF 14A, filed 2026-03-24. Section “2025 Summary Compensation Table”. As printed: 1,433,678. View filing ↗
  • Section 01, Cody Ortowski. DEF 14A, filed 2026-03-24. Section “2025 Summary Compensation Table”. As printed: 1,342,735. View filing ↗
  • Section 03, John Schmitz PSU. DEF 14A, filed 2026-03-24. Section “Summary Compensation Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Skarke PSU. DEF 14A, filed 2026-03-24. Section “Summary Compensation Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Lyons PSU. DEF 14A, filed 2026-03-24. Section “Summary Compensation Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Cody Ortowski PSU. DEF 14A, filed 2026-03-24. Section “Summary Compensation Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Christopher George PSU. DEF 14A, filed 2026-03-24. Section “Summary Compensation Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Cody Ortowski PSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Cody Ortowski RSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Christopher George PSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Christopher George RSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Skarke PSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Skarke RSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Lyons PSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Lyons RSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Schmitz PSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Schmitz RSU. DEF 14A, filed 2026-03-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-03-24. Section “CEO Pay Ratio”. As printed: 57 : 1. View filing ↗
  • Section 08, Richard A. Burnett. DEF 14A, filed 2026-03-24. Section “Director Compensation”. As printed: 262,180. View filing ↗
  • Section 08, Gayle L. Burleson. DEF 14A, filed 2026-03-24. Section “Director Compensation”. As printed: 237,180. View filing ↗
  • Section 08, Douglas J. Wall. DEF 14A, filed 2026-03-24. Section “Director Compensation”. As printed: 232,180. View filing ↗
  • Section 08, Robin H. Fielder. DEF 14A, filed 2026-03-24. Section “Director Compensation”. As printed: 222,180. View filing ↗
  • Section 08, Luis Fernandez-Moreno. DEF 14A, filed 2026-03-24. Section “Director Compensation”. As printed: 222,180. View filing ↗
  • Section 08, Timothy A. Roberts. DEF 14A, filed 2026-03-24. Section “Director Compensation”. As printed: 217,739. View filing ↗
  • Section 08, Bruce E. Cope. DEF 14A, filed 2026-03-24. Section “Director Compensation”. As printed: 217,739. View filing ↗
  • Section 08, Troy W. Thacker. DEF 14A, filed 2026-03-24. Section “Director Compensation”. As printed: 28,095. View filing ↗
  • Section 08, John D. Schmitz. DEF 14A, filed 2026-03-24. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-08. Item 5.07 · say-on-pay result. As reported: 98.18% (votes for as printed: 111,834,924). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-06. Item 5.07 · say-on-pay result. As reported: 97.89% (votes for as printed: 101,703,713). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-09. Item 5.07 · say-on-pay result. As reported: 97.6% (votes for as printed: 89,879,614). 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 605,300 + equity 1,034,173 + all other 0 = 1,639,473, summed across the director compensation table rows.
  • Patterson-UTI Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-13. CEO total compensation as printed in Patterson-UTI Energy, Inc.'s own proxy. As printed: 12,077,321. View filing ↗
  • Aris Water Solutions, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-09. CEO total compensation as printed in Aris Water Solutions, Inc.'s own proxy. As printed: 9,233,151. View filing ↗
  • Archrock, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Archrock, Inc.'s own proxy. As printed: 9,037,610. View filing ↗
  • Helmerich & Payne, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-22. CEO total compensation as printed in Helmerich & Payne, Inc.'s own proxy. As printed: 9,010,799. View filing ↗
  • NPK International Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in NPK International Inc.'s own proxy. As printed: 8,196,160. View filing ↗
  • ProPetro Holding Corp., Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in ProPetro Holding Corp.'s own proxy. As printed: 6,539,712. View filing ↗
  • Atlas Energy Solutions Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Atlas Energy Solutions Inc.'s own proxy. As printed: 5,508,018. 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 ↗
  • Select Water Solutions (subject), Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Select Water Solutions's own proxy. As printed: 4,876,029. View filing ↗
  • Liberty Energy Inc., Section 10b CEO total. DEF 14A, filed 2026-03-05. CEO total compensation as printed in Liberty Energy Inc.'s own proxy. As printed: 4,793,487. 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 ↗
  • Ceco Environmental Corp., Section 10b CEO total. DEF 14A, filed 2025-04-10. CEO total compensation as printed in Ceco Environmental Corp.'s own proxy. As printed: 3,051,771. 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 ↗
  • Section 10a, Aris Water Solutions, Inc. reciprocity. DEF 14A. Aris Water Solutions, Inc. names Select Water Solutions in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, TETRA Technologies, Inc. reciprocity. DEF 14A. TETRA Technologies, Inc. names Select Water Solutions 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 Select Water Solutions in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Archrock, Inc. reciprocity. DEF 14A. Archrock, Inc. names Select Water Solutions in its own disclosed peer group (read from its most recent proxy). View filing ↗
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