Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses BW 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 BW in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Kenneth Young | $800,000 | $908,327 | $196,500 | $0 | $0 | $0 | $15,000 | $1,919,827 |
| Chief Executive Officer | ||||||||
| Christopher Riker | 333,333 | 150,000 | 306,240 | 0 | 0 | 0 | 487,042 | 1,276,615 |
| Former Executive Vice President & Chief Operating Officer | ||||||||
| Cameron Frymyer | 500,000 | 316,667 | 150,650 | 0 | 0 | 0 | 8,333 | 975,650 |
| Executive Vice President & Chief Financial Officer | ||||||||
| Jimmy Morgan | 550,000 | 233,333 | 131,000 | 0 | 0 | 0 | 9,167 | 923,500 |
| Executive Vice President & Chief Commercial Officer | ||||||||
| John Dziewisz | 500,000 | 216,667 | 150,650 | 0 | 0 | 0 | 14,750 | 882,067 |
| Executive Vice President, General Counsel and Corporate Secretary | ||||||||
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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Kenneth Young | $1,919,827 | $2,882,638 | $1,083,333 | −962,811 |
| Christopher Riker | 1,276,615 | 563,607 | 445,000 | +713,008 |
| Cameron Frymyer | 975,650 | — | — | — |
| Jimmy Morgan | 923,500 | 734,501 | 958,618 | +188,999 |
| John Dziewisz | 882,067 | 639,837 | 564,063 | +242,230 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| John Dziewisz | RSU | 2025-08-07 | — | — | 115,000 | — | $140,300 |
| Jimmy Morgan | RSU | 2025-08-07 | — | — | 100,000 | — | 122,000 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| John Dziewisz | $140,300 | $0 | $0 | 0.0% |
| Jimmy Morgan | 122,000 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Cameron Frymyer | PSU | 75,000 | — | $475,500 |
| Kenneth Young | RSU | 150,000 | — | 951,000 |
| Kenneth Young | PSU | 150,000 | — | 951,000 |
| Jimmy Morgan | PSU | 125,000 | — | 792,500 |
| Cameron Frymyer | RSU | 115,000 | — | 729,100 |
| John Dziewisz | RSU | 115,000 | — | 729,100 |
| Jimmy Morgan | RSU | 100,000 | — | 634,000 |
| Kenneth Young | RSU | 83,334 | — | 528,338 |
| John Dziewisz | PSU | 75,000 | — | 475,500 |
| Cameron Frymyer | RSU | 66,667 | — | 422,669 |
| John Dziewisz | RSU | 53,334 | — | 338,138 |
| Jimmy Morgan | RSU | 53,334 | — | 338,138 |
| Cameron Frymyer | RSU | 16,667 | — | 105,669 |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-20 | 77,165,838 | 8,632,853 | 1,053,477 | 89.94% | Passed |
| 2025 | 2025-06-04 | 44,810,613 | 14,146,161 | 190,896 | 75.76% | Passed |
| 2024 | 2024-05-15 | 53,823,307 | 1,898,873 | 124,683 | 96.38% | Passed |
| 2023 | 2023-05-18 | 56,994,876 | 4,679,477 | 40,959 | 92.35% | Passed |
| 2020 | 2020-06-16 | 17,505,948 | 5,318,116 | 91,689 | 76.39% | Passed |
| 2019 | 2019-06-14 | 95,753,147 | 2,121,308 | 31,294,333 | 74.13% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-20 | 89.94%a |
| 2025 | 2025-06-04 | 75.76%b |
| 2024 | 2024-05-15 | 96.38%c |
a. Voting standard not stated in the filing.
b. Approved under the standard stated in the filing — “Accordingly, abstentions will have the effect of a vote against this proposal.”.
c. Approved under the standard stated in the filing — “Accordingly, abstentions will have the effect of a vote against this 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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Henry E. BartoliIndependent · Departed during FY | $112,000 | $791,596 | — | — | $150,000 | $1,053,596 |
| Alan B. HoweIndependent · Lead Independent Director · Audit Finance · Compensation · Governance (Chair) | 142,000 | 68,000 | — | — | 0 | 210,000 |
| Rebecca L. StahlIndependent · Audit Finance (Chair) | 132,000 | 68,000 | — | — | 0 | 200,000 |
| Joseph A. TatoIndependent · Audit Finance · Compensation (Chair) · Governance | 132,000 | 68,000 | — | — | 0 | 200,000 |
| Philip D. MoellerIndependent · Governance | 112,000 | 68,000 | — | — | 0 | 180,000 |
| Naomi L. BonessIndependent · Audit Finance · Compensation | 112,000 | 68,000 | — | — | 0 | 180,000 |
| Kenneth M. YoungEmployee director · Board Chair | — | — | — | — | — | 0 |
| Homaira AkbariIndependent · Compensation · Governance · Related Party Transactions · Newly elected | — | — | — | — | — | — |
| Annual cash retainer | $85,000 |
|---|---|
| Annual equity retainer | $68,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 10,000 / 10,000 |
| Stock ownership guideline | $5 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $742,000 |
| Equity awards (grant-date value) | $1,131,596 |
| All other compensation | $150,000 |
| Total cost of the board | $2,023,596 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Babcock & Wilcox Enterprises | 2025 | Kenneth Young | $800,000 | $196,500 | $0 | $0 | $1,919,827 |
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.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Kenneth Young | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “2025 Summary Compensation Table”. As printed: 1,919,827. Filing ↗machine: r1 · c54 · span 995326–995335 |
| 2 | Section 01, Christopher Riker | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “2025 Summary Compensation Table”. As printed: 1,276,615. Filing ↗machine: r12 · c54 · span 1064148–1064157 |
| 3 | Section 01, Cameron Frymyer | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “2025 Summary Compensation Table”. As printed: 975,650. Filing ↗machine: r4 · c54 · span 1013967–1013974 |
| 4 | Section 01, Jimmy Morgan | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “2025 Summary Compensation Table”. As printed: 923,500. Filing ↗machine: r9 · c54 · span 1045500–1045507 |
| 5 | Section 01, John Dziewisz | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “2025 Summary Compensation Table”. As printed: 882,067. Filing ↗machine: r6 · c54 · span 1026900–1026907 |
| 6 | Section 03, John Dziewisz RSU | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1167902–1167909 |
| 7 | Section 03, Jimmy Morgan RSU | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1193162–1193169 |
| 8 | Section 08, Henry E. Bartoli | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “Director Compensation”. As printed: 1,053,596. Filing ↗ |
| 9 | Section 08, Alan B. Howe | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “Director Compensation”. As printed: 210,000. Filing ↗ |
| 10 | Section 08, Rebecca L. Stahl | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “Director Compensation”. As printed: 200,000. Filing ↗ |
| 11 | Section 08, Joseph A. Tato | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “Director Compensation”. As printed: 200,000. Filing ↗ |
| 12 | Section 08, Philip D. Moeller | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “Director Compensation”. As printed: 180,000. Filing ↗ |
| 13 | Section 08, Naomi L. Boness | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “Director Compensation”. As printed: 180,000. Filing ↗ |
| 14 | Section 08, Kenneth M. Young | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 08, Homaira Akbari | DEF 14A | 2026-04-13 | 0001104659-26-042128 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 16 | Section 06, 2026 vote | Form 8-K | 2026-05-22 | 0001104659-26-065724 | Item 5.07 · say-on-pay result. As reported: 89.94% (votes for as printed: 77,165,838). Filing ↗ |
| 17 | Section 06, 2025 vote | Form 8-K | 2025-06-10 | 0001104659-25-058135 | Item 5.07 · say-on-pay result. As reported: 75.76% (votes for as printed: 44,810,613). Filing ↗ |
| 18 | Section 06, 2024 vote | Form 8-K | 2024-05-21 | 0001104659-24-063847 | Item 5.07 · say-on-pay result. As reported: 96.38% (votes for as printed: 53,823,307). Filing ↗ |
| 19 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 20 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 21 | Section 09b board cost (computed) | Computed | — | computed | Cash 742,000 + equity 1,131,596 + all other 150,000 = 2,023,596, summed across the director compensation table rows.machine: formula: Σ = 2,023,596 |
| 22 | Babcock & Wilcox Enterprises (subject), Section 10b CEO total | DEF 14A | 2026-04-13 | 0001104659-26-042128 | CEO total compensation as printed in Babcock & Wilcox Enterprises's own proxy. As printed: 1,919,827. Filing ↗machine: r1 · c54 · span 995326–995335 |