Companies Ball
Ball (BLL): executive pay, fiscal 2025
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CEO vs. named peers7th pct.Of 14 peer CEOs
CEO pay, last three years
- $3,021,381FY2023
- $4,856,997FY2024
- $4,218,225FY2025
CEO total pay was $4,218,225 in fiscal 2025, down from $4,856,997 in fiscal 2024.
FY2025: salary $822,720 · bonus $0 · stock awards $1,197,841 · option awards $429,918
Executives and directors
Frequently asked questions
Who was the highest-paid executive at Ball in fiscal 2025?
As disclosed, Daniel Fisher (Former Chairman and Chief Executive Officer) was the highest-paid executive at Ball in fiscal 2025, with total compensation of $13,486,942.
How does Ball's chief executive pay compare to its disclosed peer group?
As disclosed, Ronald Lewis's total compensation ranked at the 7th percentile of Ball's disclosed peer group.
How did shareholders vote on Ball's executive compensation?
As disclosed, 93.54% of shareholders supported Ball's executive compensation in the latest say-on-pay vote.
How much does Ball spend in total on board compensation for fiscal 2025?
As disclosed, Ball reported total board compensation of $3,093,188 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 officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Daniel Fisher | $1,269,462 | $0 | $5,798,801 | $2,081,242 | $3,676,886 | $526,735 | $133,815 | $13,486,942 |
| Former Chairman and Chief Executive Officer | ||||||||
| Ronald Lewis | 822,720 | 0 | 1,197,841 | 429,918 | 1,592,102 | 139,954 | 35,690 | 4,218,225 |
| Chief Executive Officer | ||||||||
| Carey Causey | 612,965 | 0 | 918,908 | 329,809 | 863,136 | 74,732 | 34,791 | 2,834,341 |
| Chief Growth Officer | ||||||||
| Howard Yu | 495,880 | 0 | 1,331,146 | 477,752 | 477,719 | 0 | 33,543 | 2,816,040 |
| Former Chief Financial Officer | ||||||||
| Hannah Lim-Johnson | 591,481 | 0 | 680,439 | 244,213 | 663,062 | 0 | 186,800 | 2,365,995 |
| Chief Legal Officer | ||||||||
| Scott Vail | 329,456 | 345,000 | 1,176,807 | 102,517 | 0 | 29,588 | 14,968 | 1,998,336 |
| Chief Supply Chain & Operations Officer | ||||||||
| Daniel Rabbitt | 433,647 | 0 | 572,891 | 80,000 | 505,476 | 103,696 | 70,761 | 1,766,471 |
| 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 |
|---|---|---|---|---|
| Daniel Fisher | $13,486,942 | $12,329,337 | $9,318,556 | ↑ +1,157,605 |
| Ronald Lewis | 4,218,225 | 4,856,997 | 3,021,381 | ↓ −638,772 |
| Carey Causey | 2,834,341 | 3,088,727 | — | ↓ −254,386 |
| Howard Yu | 2,816,040 | 3,714,114 | 4,410,309 | ↓ −898,074 |
| Hannah Lim-Johnson | 2,365,995 | 2,466,621 | — | ↓ −100,626 |
| Scott Vail | 1,998,336 | — | — | — |
| Daniel Rabbitt | 1,766,471 | — | — | — |
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
Ball's compensation program is designed to foster a pay-for-performance and management-as-owners culture that aligns management interests with shareholders, deliver on strategic objectives, provide competitive compensation, and support the recruitment and retention of key executives.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Farient Advisors LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Daniel Rabbitt | Option | 1,155 | 86.57 | — |
| Carey Causey | Option | 1,894 | 86.57 | — |
| Daniel Rabbitt | Option | 2,950 | 56.64 | — |
| Daniel Rabbitt | Option | 4,326 | 55.87 | — |
| Daniel Rabbitt | Option | 4,917 | 51.35 | — |
| Carey Causey | Option | 5,309 | 56.64 | — |
| Carey Causey | RSU | 5,965 | — | 315,966 |
| Howard Yu | PSU | 6,503 | — | 344,464 |
| Daniel Rabbitt | PSU | 6,521 | — | 345,417 |
| Ronald Lewis | Option | 7,621 | 86.57 | — |
| Daniel Rabbitt | RSU | 7,700 | — | 407,869 |
| Ronald Lewis | RSU | 7,776 | — | 411,895 |
| Hannah Lim-Johnson | RSU | 10,894 | — | 577,055 |
| Hannah Lim-Johnson | Option | 15,010 | 51.35 | — |
| Hannah Lim-Johnson | PSU | 15,636 | — | 828,239 |
| Hannah Lim-Johnson | Option | 15,807 | 55.87 | — |
| Ronald Lewis | Option | 19,469 | 56.64 | — |
| Howard Yu | RSU | 19,474 | — | 1,031,538 |
| Carey Causey | Option | 19,634 | 55.87 | — |
| Carey Causey | Option | 20,271 | 51.35 | — |
| Scott Vail | RSU | 20,623 | — | 1,092,400 |
| Carey Causey | PSU | 23,556 | — | 1,247,761 |
| Ronald Lewis | Option | 26,424 | 51.35 | — |
| Ronald Lewis | Option | 28,286 | 55.87 | — |
| Ronald Lewis | PSU | 52,800 | — | 2,796,816 |
| Daniel Fisher | PSU | 84,499 | — | 4,475,912 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Stuart A. Taylor IIIndependent · Board Chair · Nominating/Governance · Human Resources · Human Capital | $213,261 | $174,986 | $0 | — | $20,600 | $408,847 |
| Cathy D. RossIndependent · Nominating/Governance · Audit · Finance | 150,000 | 174,986 | 0 | — | 25,250 | 350,236 |
| Todd A. PenegorIndependent · Audit · Human Resources (Chair) · Finance · Human Capital | 150,000 | 174,986 | 0 | — | 17,228 | 342,214 |
| Michael J. CaveIndependent · Finance · Audit · Not standing for re-election | 145,000 | 174,986 | 0 | — | 20,250 | 340,236 |
| Dune IvesIndependent · Finance · Nominating/Governance | 125,000 | 174,986 | 0 | — | 22,825 | 322,811 |
| John A. BryantIndependent · Nominating/Governance · Audit · Finance | 125,000 | 174,986 | 0 | — | 20,250 | 320,236 |
| Cynthia NiekampIndependent · Finance (Chair) · Human Resources · Human Capital | 125,000 | 174,986 | 0 | — | 0 | 299,986 |
| Betty SappIndependent · Human Resources · Human Capital | 125,000 | 174,986 | 0 | — | 0 | 299,986 |
| Aaron ErterIndependent · Nominating/Governance · Human Resources · Human Capital | 125,000 | 174,986 | 0 | — | 0 | 299,986 |
| John E. PanichellaIndependent · Finance · Audit · Newly elected | 21,399 | 87,251 | 0 | — | — | 108,649 |
Board fee structure and ownership guideline
| Annual cash retainer | $125,000 |
|---|---|
| Annual equity retainer | $175,000 |
| Per board meeting fee | $750 |
| 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 | $1,304,660 |
| Equity awards (grant-date value) | $1,662,125 |
| All other compensation | $126,403 |
| Total cost of the board | $3,093,188 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Ball as a peer
Companies that benchmark against BLL
21 companies name BLL as a compensation peer
- Amcor plcAMCRFY2026
- Avery Dennison CorpAVYFY2024
- BERRY GLOBAL GROUP, INC.BERYFY2024
- Builders FirstSource, Inc.BLDRFY2025
- CROWN HOLDINGS, INC.CCKFY2025
- EASTMAN CHEMICAL COEMNFY2025
- GRAPHIC PACKAGING HOLDING COGPKFY2025
- INTERNATIONAL FLAVORS & FRAGRANCES INCIFFFY2025
- INTERNATIONAL PAPER CO /NEW/IPFY2025
- O-I Glass, Inc. /DE/OIFY2025
- Owens CorningOCFY2025
- PACKAGING CORP OF AMERICAPKGFY2025
- RELIANCE, INC.RSFY2025
- SEALED AIR CORP/DESEEFY2024
- SERVICE CORP INTERNATIONALSCIFY2025
- SILGAN HOLDINGS INCSLGNFY2025
- Smurfit Westrock plcSWFY2025
- SONOCO PRODUCTS COSONFY2025
- Vulcan Materials COVMCFY2025
- WEYERHAEUSER COWYFY2025
- WORTHINGTON ENTERPRISES, INC.WORFY2026
Each company listed discloses BLL 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 BLL 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.
CCK Crown Holdings Inc.PPG PPG Industries, Inc.SHW The Sherwin Williams CompanyPKG Packaging Corporation of AmericaAVY Avery Dennison CorporationCAG ConAgra Brands, Inc.IFF International Flavors & Fragrances IncEMN Eastman Chemical CompanyTAP Molson Coors Beverage CompanyKMB Kimberly-Clark CorporationCPB Campbell Soup CompanyGPK Graphic Packaging InternationalGIS General Mills Inc.SLGN Silgan Holdings Inc.
Peer reciprocity
The companies Ball 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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Eastman Chemical Company | 2025 | Mark Costa | $1,406,958 | $12,682,200 | $3,278,151 | $987,000 | $19,498,966 |
| 2 | Crown Holdings Inc. | 2025 | Timothy Donahue | 1,450,000 | 8,627,475 | — | 4,205,000 | 17,501,363 |
| 3 | Packaging Corporation of America | 2025 | Mark Kowlzan | 1,539,396 | 11,484,123 | 0 | 3,100,700 | 16,992,255 |
| 4 | Kimberly-Clark Corporation | 2025 | Michael Hsu | 1,500,000 | 11,499,989 | 0 | 1,596,424 | 15,320,405 |
| 5 | International Flavors & Fragrances Inc | 2025 | J. Erik Fyrwald | 1,026,250 | 11,656,764 | 0 | 2,047,230 | 15,002,866 |
| 6 | The Sherwin Williams Company | 2025 | Heidi Petz | 1,373,077 | 6,456,207 | 4,253,859 | 2,390,000 | 14,914,317 |
| 7 | PPG Industries, Inc. | 2025 | Timothy Knavish | 1,300,000 | 7,333,542 | 3,666,690 | 1,924,000 | 14,885,022 |
| 8 | General Mills Inc. | 2026 | Jeffrey Harmening | 1,350,000 | 7,326,405 | 2,279,973 | 1,404,540 | 14,018,052 |
| 9 | ConAgra Brands, Inc. | 2026 | Sean Connolly | 1,415,000 | 8,958,372 | 0 | 2,827,170 | 13,680,675 |
| 10 | Silgan Holdings Inc. | 2025 | Adam Greenlee | 1,155,660 | 9,487,800 | 0 | 1,444,575 | 12,229,234 |
| 11 | Campbell Soup Company | 2026 | Mick Beekhuizen | 1,233,000 | 8,043,563 | 0 | 1,226,610 | 10,965,019 |
| 12 | Avery Dennison Corporation | 2025 | Deon Stander | 1,136,538 | 7,649,430 | 0 | 605,475 | 9,538,375 |
| 13 | Graphic Packaging International | 2025 | Michael Doss | 1,316,300 | 7,495,753 | 0 | 0 | 9,104,747 |
| 14 | Ball | 2025 | Ronald Lewis | 822,720 | 1,197,841 | 429,918 | 1,592,102 | 4,218,225 |
| 15 | Molson Coors Beverage Company | 2025 | Rahul Goyal | 640,422 | 3,121,212 | 200,986 | 39,122 | 4,134,901 |
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 |
|---|---|---|---|---|
| Ball | not disclosed | PSU 50 · Option 25 · RSU 25 | not disclosed | Farient Advisors LLC |
| Avery Dennison Corporation | 39% | PSU 100 | Yes — Relative TSR | Willis Towers Watson (WTW) and Semler Brossy |
| Campbell Soup Company | not disclosed | PSU 60 · RSU 40 | Yes — Relative TSR | FW Cook |
| ConAgra Brands, Inc. | not disclosed | PSU 60 · RSU 40 | Yes — Relative TSR | FW Cook |
| Crown Holdings Inc. | 200% | PSU 67 · RSU 33 | No | Not determinable from source text |
| Eastman Chemical Company | 47% | PSA 60 · Option 20 · RSU 20 | Yes — Relative total shareholder return (rTSR) | Aon plc |
| General Mills Inc. | 58% | PSU 50 · RSU 25 · Option 25 | Yes — Relative TSR Modifier | FW Cook |
| Graphic Packaging International | not disclosed | PRSU 67 · RSU 33 | not disclosed | WTW |
| International Flavors & Fragrances Inc | 98.9% | PSU 60 · RSU 40 | Yes — Relative TSR vs. S&P 500 - Chemicals | FW Cook |
| Kimberly-Clark Corporation | 61% | PSU 60 · RSU 40 | No | Semler Brossy Consulting Group |
| Molson Coors Beverage Company | 6% | PSU 50 · RSU 25 · Options 25 | Yes — Relative TSR | Compensation Consultant (independent, unnamed firm referenced generically in text) |
| Packaging Corporation of America | not disclosed | MSU 34 · RSU 33 · PSU 33 | Yes — TSR | FW Cook |
| PPG Industries, Inc. | 93% | Option 33 · PRSU 33 · TSR Shares 33 | No | FW Cook |
| Silgan Holdings Inc. | 125% | RSU 100 | not disclosed | not disclosed |
| The Sherwin Williams Company | 110.86% | PSU 60 · Options 40 | No | Mercer (US) LLC |
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 | 2026-04-29 | 200,367,284 | 13,845,238 | 455,800 | 93.54% | Passed |
| 2025 | 2025-04-30 | 208,611,220 | 15,297,048 | 669,415 | 93.17% | 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 | 2026-04-29 | 93.54%a |
| 2025 | 2025-04-30 | 93.17%b |
a. Voting standard not stated in the filing.
b. 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.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (37 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, Daniel Fisher. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 13,486,942. View filing ↗
- Section 01, Ronald Lewis. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 4,218,225. View filing ↗
- Section 01, Carey Causey. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 2,834,341. View filing ↗
- Section 01, Howard Yu. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 2,816,040. View filing ↗
- Section 01, Hannah Lim-Johnson. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 2,365,995. View filing ↗
- Section 01, Scott Vail. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 1,998,336. View filing ↗
- Section 01, Daniel Rabbitt. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 1,766,471. View filing ↗
- Section 08, Stuart A. Taylor II. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 408,847. View filing ↗
- Section 08, Cathy D. Ross. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 350,236. View filing ↗
- Section 08, Todd A. Penegor. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 342,214. View filing ↗
- Section 08, Michael J. Cave. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 340,236. View filing ↗
- Section 08, Dune Ives. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 322,811. View filing ↗
- Section 08, John A. Bryant. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 320,236. View filing ↗
- Section 08, Cynthia Niekamp. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 299,986. View filing ↗
- Section 08, Betty Sapp. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 299,986. View filing ↗
- Section 08, Aaron Erter. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 299,986. View filing ↗
- Section 08, John E. Panichella. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 108,649. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-04-29. Item 5.07 · say-on-pay result. As reported: 93.54% (votes for as printed: 200,367,284). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-01. Item 5.07 · say-on-pay result. As reported: 93.17% (votes for as printed: 208,611,220). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 1,304,660 + equity 1,662,125 + all other 126,403 = 3,093,188, summed across the director compensation table rows.
- Eastman Chemical Company, Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Eastman Chemical Company's own proxy. As printed: 19,498,966. View filing ↗
- Crown Holdings Inc., Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Crown Holdings Inc.'s own proxy. As printed: 17,501,363. View filing ↗
- Packaging Corporation of America, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Packaging Corporation of America's own proxy. As printed: 16,992,255. View filing ↗
- Kimberly-Clark Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Kimberly-Clark Corporation's own proxy. As printed: 15,320,405. View filing ↗
- International Flavors & Fragrances Inc, Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in International Flavors & Fragrances Inc's own proxy. As printed: 15,002,866. View filing ↗
- The Sherwin Williams Company, Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in The Sherwin Williams Company's own proxy. As printed: 14,914,317. View filing ↗
- PPG Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-05. CEO total compensation as printed in PPG Industries, Inc.'s own proxy. As printed: 14,885,022. View filing ↗
- General Mills Inc., Section 10b CEO total. DEF 14A, filed 2026-08-13. CEO total compensation as printed in General Mills Inc.'s own proxy. As printed: 14,018,052. View filing ↗
- ConAgra Brands, Inc., Section 10b CEO total. DEF 14A, filed 2026-08-11. CEO total compensation as printed in ConAgra Brands, Inc.'s own proxy. As printed: 13,680,675. View filing ↗
- Silgan Holdings Inc., Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in Silgan Holdings Inc.'s own proxy. As printed: 12,229,234. View filing ↗
- Campbell Soup Company, Section 10b CEO total. DEF 14A, filed 2026-10-07. CEO total compensation as printed in Campbell Soup Company's own proxy. As printed: 10,965,019. View filing ↗
- Avery Dennison Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Avery Dennison Corporation's own proxy. As printed: 9,538,375. View filing ↗
- Graphic Packaging International, Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Graphic Packaging International's own proxy. As printed: 9,104,747. View filing ↗
- Ball (subject), Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Ball's own proxy. As printed: 4,218,225. View filing ↗
- Molson Coors Beverage Company, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Molson Coors Beverage Company's own proxy. As printed: 4,134,901. View filing ↗
- Section 10a, Packaging Corporation of America reciprocity. DEF 14A. Packaging Corporation of America names Ball in its own disclosed peer group (read from its most recent proxy). View filing ↗