Companies Aebi Schmidt Holding AG
Aebi Schmidt (AEBI): executive pay, fiscal 2025
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CEO pay, last three years
- $1,701,237FY2024
- $2,848,741FY2025
CEO total pay was $2,848,741 in fiscal 2025, up from $1,701,237 in fiscal 2024.
FY2025: salary $1,005,022 · bonus $226,000 · stock awards $309,656 · 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 |
|---|---|---|---|---|---|---|---|---|
| Barend Fruithof | $1,005,022 | $226,000 | $309,656 | $0 | $1,145,820 | $0 | $162,243 | $2,848,741 |
| Group Chief Executive Officer | ||||||||
| Steffen Schewerda | 454,167 | 100,000 | 563,852 | 0 | 300,000 | 0 | 35,861 | 1,453,880 |
| CEO North America and President Vehicle Solutions | ||||||||
| Thomas Schenkirsch | 384,216 | 113,000 | 309,656 | 0 | 203,400 | 0 | 63,308 | 1,073,580 |
| Chief Group Services and Deputy Group CEO | ||||||||
| Marco Portmann | 322,684 | 0 | 154,828 | 0 | 282,500 | 0 | 82,862 | 842,874 |
| Group Chief Financial Officer | ||||||||
| Henning Schröder | 327,204 | 0 | 206,438 | 0 | 139,555 | 0 | 69,083 | 742,280 |
| CEO Europe and Rest of World | ||||||||
| Tim Tecklenburg | 188,339 | 113,000 | 0 | 0 | 0 | 0 | 41,743 | 343,082 |
| Former 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 |
|---|---|---|---|---|
| Barend Fruithof | $2,848,741 | $1,701,237 | — | ↑ +1,147,504 |
| Steffen Schewerda | 1,453,880 | 844,367 | — | ↑ +609,513 |
| Thomas Schenkirsch | 1,073,580 | 452,673 | — | ↑ +620,907 |
| Marco Portmann | 842,874 | — | — | — |
| Henning Schröder | 742,280 | — | — | — |
| Tim Tecklenburg | 343,082 | — | — | — |
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
Our approach to compensation is focused on fair compensation for management that incentivizes and rewards strong Company performance. The Company’s executive compensation policies and practices are designed to help achieve the following primary objectives: attract and retain qualified management; align the interests of management with those of shareholders to drive long-term shareholder value; align management’s compensation with the achievement of the Company’s annual and long-term performance goals; reward excellent corporate performance; and recognize individual and team achievements.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
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 |
|---|---|---|---|---|---|---|---|
| Thomas Schenkirsch | RSU | 2025-06-24 | — | — | 30,000 | — | $309,656 |
| Steffen Schewerda | RSU | 2025-06-24 | — | — | 50,000 | — | 563,852 |
| Marco Portmann | RSU | 2025-06-24 | — | — | 15,000 | — | 154,828 |
| Henning Schröder | RSU | 2025-06-24 | — | — | 20,000 | — | 206,438 |
| Barend Fruithof | RSU | 2025-06-24 | — | — | 30,000 | — | 309,656 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Thomas Schenkirsch | $309,656 | $0 | $0 | 0.0% |
| Steffen Schewerda | 563,852 | 0 | 0 | 0.0% |
| Marco Portmann | 154,828 | 0 | 0 | 0.0% |
| Henning Schröder | 206,438 | 0 | 0 | 0.0% |
| Barend Fruithof | 309,656 | 0 | 0 | 0.0% |
% 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Marco Portmann | RSU | 15,000 | — | $189,750 |
| Henning Schröder | RSU | 20,000 | — | 253,000 |
| Barend Fruithof | RSU | 30,000 | — | 379,500 |
| Thomas Schenkirsch | RSU | 30,000 | — | 379,500 |
| Steffen Schewerda | RSU | 50,000 | — | 632,500 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Peter SpuhlerNot independent · Board Chair | $201,625 | $0 | — | — | — | $201,625 |
| Andreas RickenbacherIndependent · Compensation · Governance | 177,875 | 0 | — | — | — | 177,875 |
| Patrick SchaubIndependent · Lead Independent Director · Audit (Chair) · Governance · Compensation | 165,000 | 0 | — | — | — | 165,000 |
| Daniela SpuhlerIndependent | 152,188 | 0 | — | — | — | 152,188 |
| Martin RitterIndependent | 138,063 | 0 | — | — | — | 138,063 |
| Peter MuriIndependent · Departed during FY | 120,063 | 0 | — | — | — | 120,063 |
| Friedrich BüttikerIndependent · Departed during FY | 105,938 | 0 | — | — | — | 105,938 |
| James SharmanIndependent · Compensation | 67,500 | 0 | — | — | — | 67,500 |
| Paul MascarenasIndependent · Governance | 50,000 | 0 | — | — | — | 50,000 |
| Barend FruithofEmployee director | 50,000 | 0 | — | — | — | 50,000 |
| Terri PizzutoIndependent · Audit | 47,000 | 0 | — | — | — | 47,000 |
| Angela FreemanIndependent · Compensation | 47,000 | 0 | — | — | — | 47,000 |
| Michael DinkinsIndependent · Audit | 47,000 | 0 | — | — | — | 47,000 |
Board fee structure and ownership guideline
| Annual cash retainer | $185,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 15,000 |
| Stock ownership guideline | We have robust stock ownership guidelines for our directors. |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,369,252 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $1,369,252 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Aebi Schmidt as a peer
Companies that benchmark against AEBI
No companies currently name AEBI as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
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 | Aebi Schmidt Holding AG | 2025 | Barend Fruithof | $1,005,022 | $309,656 | $0 | $1,145,820 | $2,848,741 |
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.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-21 | 66,354,820 | 1,850,407 | 119,244 | 97.29% | 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 | 2026-05-21 | 97.29%a |
a. Approved under the standard stated in the filing — “The proposal to approve the compensation of Aebi Schmidt's named executive officers, as described in this proxy statement, is a non-binding advisory vote only, and will be approved if a majority of the votes cast at the Annual Meeting are voted in favor of the proposal. In counting votes on this proposal, abstentions and broker non-votes will be counted as not voted or cast and therefore will not affect the outcome of the vote. Aebi Schmidt will disclose the results of this vote but is not required to take action based upon the outcome of this vote. However, the Compensation Committee currently intends to consider the outcome of the vote when considering future executive compensation arrangements (See "Additional Information," beginning on page 84 ). In counting votes on this proposal, abstentions and broker non-votes will be counted as not voted and therefore will not affect the outcome of the election. Your Board recommends that you vote " FOR " the approval, on an advisory basis, of the compensation of named executive officers. -- The proposal to approve the compensation of Aebi Schmidt's named executive officers, as described in this proxy statement, is a non-binding advisory vote only, and will be approved if a majority of the votes cast at the Annual Meeting are voted in favor of the proposal. In counting votes on this proposal, abstentions and broker non-votes will be counted as not voted or cast and therefore will not affect the outcome of the vote. Aebi Schmidt will disclose the results of this vote but is not required to take action based upon the outcome of this vote. However, the Compensation Committee currently intends to consider the outcome of the vote when considering future executive compensation arrangements (See "Additional Information," beginning on page 84 ). In counting votes on this proposal, abstentions and broker non-votes will be counted as not voted and therefore will not affect the outcome of the election. Your Board recommends that you v”.
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 (29 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, Barend Fruithof. DEF 14A, filed 2026-04-10. Section “Executive Compensation Tables” · page 69. As printed: 2,848,741. View filing ↗
- Section 01, Steffen Schewerda. DEF 14A, filed 2026-04-10. Section “Executive Compensation Tables” · page 69. As printed: 1,453,880. View filing ↗
- Section 01, Thomas Schenkirsch. DEF 14A, filed 2026-04-10. Section “Executive Compensation Tables” · page 69. As printed: 1,073,580. View filing ↗
- Section 01, Marco Portmann. DEF 14A, filed 2026-04-10. Section “Executive Compensation Tables” · page 69. As printed: 842,874. View filing ↗
- Section 01, Henning Schröder. DEF 14A, filed 2026-04-10. Section “Executive Compensation Tables” · page 69. As printed: 742,280. View filing ↗
- Section 01, Tim Tecklenburg. DEF 14A, filed 2026-04-10. Section “Executive Compensation Tables” · page 69. As printed: 343,082. View filing ↗
- Section 03, Thomas Schenkirsch RSU. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Steffen Schewerda RSU. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Marco Portmann RSU. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Henning Schröder RSU. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Barend Fruithof RSU. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, Peter Spuhler. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 201,625. View filing ↗
- Section 08, Andreas Rickenbacher. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 177,875. View filing ↗
- Section 08, Patrick Schaub. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 165,000. View filing ↗
- Section 08, Daniela Spuhler. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 152,188. View filing ↗
- Section 08, Martin Ritter. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 138,063. View filing ↗
- Section 08, Peter Muri. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 120,063. View filing ↗
- Section 08, Friedrich Büttiker. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 105,938. View filing ↗
- Section 08, James Sharman. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 67,500. View filing ↗
- Section 08, Paul Mascarenas. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Barend Fruithof. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Terri Pizzuto. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 47,000. View filing ↗
- Section 08, Angela Freeman. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 47,000. View filing ↗
- Section 08, Michael Dinkins. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 47,000. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-21. Item 5.07 · say-on-pay result. As reported: 97.29% (votes for as printed: 66,354,820). 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 1,369,252 + equity 0 + all other 0 = 1,369,252, summed across the director compensation table rows.
- Aebi Schmidt Holding AG (subject), Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Aebi Schmidt Holding AG's own proxy. As printed: 2,848,741. View filing ↗