Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-03-23

Crown Holdings (CCK)

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.

$17,501,363
Timothy Donahue total, FY2025
CEO pay percentile vs peers
330:1
CEO-to-median pay ratio
96.83%
Say-on-pay support, latest vote
Companies that benchmark against CCK
11 companies name CCK as a compensation peer

Each company listed discloses CCK 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 CCK in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Timothy Donahue$1,450,000$8,627,475$4,205,000$3,158,490$60,398$17,501,363
President and Chief Executive Officer
Gerard Gifford972,0003,353,3792,138,4000124,2616,588,040
Executive Vice President and Chief Administrative Officer
Kevin Clothier805,0002,012,5351,449,000984,32022,4405,273,295
Senior Vice President and Chief Financial Officer
Djalma Novaes780,0001,760,0611,408,000863,93619,2994,831,296
Executive Vice President and Chief Operating Officer
Adam Dickstein675,0001,248,7881,080,000485,34411,8963,501,028
Senior 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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Timothy Donahue$17,501,363
Gerard Gifford6,588,040
Kevin Clothier5,273,295
Djalma Novaes4,831,296
Adam Dickstein3,501,028

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Gerard GiffordPSU2025-01-0314,09226,78153,562$3,353,379
Djalma NovaesPSU2025-01-037,18013,42926,8581,760,061
Adam DicksteinPSU2025-01-035,2489,97319,9461,248,788
Kevin ClothierPSU2025-01-038,45716,07332,1462,012,535
Timothy DonahuePSU2025-01-0336,25668,901137,8028,627,475
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Gerard Gifford$0$3,353,379$0100.0%
Djalma Novaes01,760,0610100.0%
Adam Dickstein01,248,7880100.0%
Kevin Clothier02,012,5350100.0%
Timothy Donahue08,627,4750100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Kevin ClothierRSU14,364$1,479,061
Timothy DonahuePSU184,72519,021,133
Gerard GiffordPSU72,8417,500,438
Timothy DonahueRSU66,5416,851,727
Kevin ClothierPSU37,7683,888,971
Djalma NovaesPSU33,1613,414,588
Adam DicksteinPSU27,3562,816,847
Gerard GiffordRSU26,1792,695,652
Djalma NovaesRSU12,4501,281,977
Adam DicksteinRSU9,7981,008,900
05

Incentive-plan design — the Compensation Discussion & Analysis

Use the 50th percentile of our peer group's total direct compensation as a guidepost for our NEOs' total direct compensation, considering position and responsibilities, seniority and years of experience in the position

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantNot determinable from source text
Clawback policyNot determinable from source text
Anti-hedgingThe Company prohibits any form of hedging of Company stock.
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20202020-04-23107,622,3693,519,060134,63396.83%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
20202020-04-2396.83%a

a. 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.

07

CEO pay ratio

Ratio (CEO : median employee)330 : 1
CEO total compensation$17,501,363
Median employee compensation$53,106
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Stephen J. HaggeIndependent · Lead Independent Director · Compensation · Executive · Nominating and Corporate Governance (Chair)$156,250$160,000$0$0$0$316,250
B. Craig OwensIndependent · Audit (Chair) · Executive · Nominating and Corporate Governance130,000160,000000290,000
Caesar F. SweitzerIndependent · Audit · Executive · Nominating and Corporate Governance125,000160,000000285,000
Andrea J. FunkIndependent · Audit · Compensation125,000160,000000285,000
Richard H. FearonIndependent · Compensation · Nominating and Corporate Governance125,000160,000000285,000
Angela M. SnyderIndependent · Audit · Compensation125,000160,000000285,000
Dwayne A. WilsonIndependent · Audit · Compensation120,000160,000000280,000
Marsha C. WilliamsIndependent · Compensation (Chair) · Executive117,500160,000000277,500
James MillerIndependent · Compensation · Departed during FY66,25080,000000146,250
Michael P. DossIndependent · Audit · Newly elected000000
Timothy J. DonahueEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer$165,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 20,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,090,000
Equity awards (grant-date value)$1,360,000
All other compensation$0
Total cost of the board$2,450,000

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

10b

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
1Crown Holdings2025Timothy Donahue$1,450,000$8,627,475$4,205,000$17,501,363

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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Timothy DonahueDEF 14A2026-03-230002039852-26-000055Section “Summary Compensation Table” · page 52. As printed: 17,501,363. Filing ↗
2Section 01, Gerard GiffordDEF 14A2026-03-230002039852-26-000055Section “Summary Compensation Table” · page 52. As printed: 6,588,040. Filing ↗machine: t111 · span 461935–461944
3Section 01, Kevin ClothierDEF 14A2026-03-230002039852-26-000055Section “Summary Compensation Table” · page 52. As printed: 5,273,295. Filing ↗machine: t111 · r5 · c7 · span 457527–457536
4Section 01, Djalma NovaesDEF 14A2026-03-230002039852-26-000055Section “Summary Compensation Table” · page 52. As printed: 4,831,296. Filing ↗machine: t111 · r13 · c7 · span 466123–466132
5Section 01, Adam DicksteinDEF 14A2026-03-230002039852-26-000055Section “Summary Compensation Table” · page 52. As printed: 3,501,028. Filing ↗
6Section 03, Gerard Gifford PSUDEF 14A2026-03-230002039852-26-000055Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t111 · r9 · c3 · span 461385–461394
7Section 03, Djalma Novaes PSUDEF 14A2026-03-230002039852-26-000055Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t111 · r13 · c3 · span 465452–465461
8Section 03, Adam Dickstein PSUDEF 14A2026-03-230002039852-26-000055Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t111 · r17 · c3 · span 469884–469893
9Section 03, Kevin Clothier PSUDEF 14A2026-03-230002039852-26-000055Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t111 · r5 · c3 · span 456972–456981
10Section 03, Timothy Donahue PSUDEF 14A2026-03-230002039852-26-000055Section “FOR EACH DIRECTOR NOMINEE” · grants of plan-based awards table. Filing ↗machine: t24 · r1 · c3 · span 122041–122050
11Section 07, pay ratioDEF 14A2026-03-230002039852-26-000055Section “CEO Pay Ratio”. As printed: 330 : 1. Filing ↗machine: span 602422–602425
12Section 08, Stephen J. HaggeDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 316,250. Filing ↗machine: t50 · r3 · c3 · span 218108–218115
13Section 08, B. Craig OwensDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 290,000. Filing ↗machine: t50 · r5 · c3 · span 219666–219673
14Section 08, Caesar F. SweitzerDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 285,000. Filing ↗machine: t50 · r7 · c3 · span 221372–221379
15Section 08, Andrea J. FunkDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 285,000. Filing ↗machine: t50 · r2 · c3 · span 217254–217261
16Section 08, Richard H. FearonDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 285,000. Filing ↗machine: t50 · r1 · c3 · span 216399–216406
17Section 08, Angela M. SnyderDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 285,000. Filing ↗machine: t50 · r6 · c3 · span 220516–220523
18Section 08, Dwayne A. WilsonDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 280,000. Filing ↗machine: t50 · r9 · c3 · span 223088–223095
19Section 08, Marsha C. WilliamsDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 277,500. Filing ↗machine: t50 · r8 · c3 · span 222230–222237
20Section 08, James MillerDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 146,250. Filing ↗machine: t50 · r4 · c3 · span 218965–218972
21Section 08, Michael P. DossDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Timothy J. DonahueDEF 14A2026-03-230002039852-26-000055Section “Director Compensation”. As printed: 0. Filing ↗
23Section 06, 2020 voteForm 8-K2020-04-280001219601-20-000016Item 5.07 · say-on-pay result. As reported: 96.83% (votes for as printed: 107,622,369). Filing ↗
24Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
25Section 09b board cost (computed)ComputedcomputedCash 1,090,000 + equity 1,360,000 + all other 0 = 2,450,000, summed across the director compensation table rows.machine: formula: Σ = 2,450,000
26Crown Holdings (subject), Section 10b CEO totalDEF 14A2026-03-230002039852-26-000055CEO total compensation as printed in Crown Holdings's own proxy. As printed: 17,501,363. Filing ↗