Velarion · Company Intelligence
Compensation Brief
Fiscal year 2021 · Filings through 2026-04-02

Circor International (CIR)

Fiscal year 2021 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.

$4,229,501
Scott Buckhout total, FY2021
1st
CEO pay percentile vs peers
CEO-to-median pay ratio
97.82%
Say-on-pay support, latest vote
Companies that benchmark against CIR
2 companies name CIR as a compensation peer

Each company listed discloses CIR 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 CIR 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 2021

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Scott Buckhout$805,385$0$3,410,115$0$0$0$14,001$4,229,501
President and Chief Executive Officer
Arjun Sharma368,4620526,926069,505022,401987,294
Senior Vice President, Business Development
Tony Najjar393,8460477,828090,057014,031975,762
President, Aerospace and Defense Group
Abhishek Khandelwal430,7690502,97300026,001959,743
Senior Vice President, Chief Financial Officer
Sumit Mehrotra219,1620480,61600048,671748,449
Former President, Industrial Group
Jessica Wenzell368,0000279,469073,064013,890734,423
Senior Vice President, General Counsel, Secretary and Chief People 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 officerFY2021 totalFY2020 totalFY2019 totalΔ FY20202021
Scott Buckhout$4,229,501
Arjun Sharma987,294
Tony Najjar975,762
Abhishek Khandelwal959,743
Sumit Mehrotra748,449
Jessica Wenzell734,423

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 2021

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jessica WenzellRSU2021-03-173,366$134,034
Arjun SharmaPSU2021-03-172,6925,38410,768232,696
Scott BuckhoutPSU2021-03-1719,18038,35976,7181,657,876
Scott BuckhoutRSU2021-03-175,643224,704
Arjun SharmaRSU2021-03-175,385214,431
Tony NajjarRSU2021-03-175,385214,431
Abhishek KhandelwalRSU2021-03-176,057241,190
Scott BuckhoutRSU2021-03-1738,3611,527,535
Tony NajjarRSU2021-03-1777130,701
Arjun SharmaRSU2021-03-172,00479,799
Sumit MehrotraRSU2021-03-1784133,489
Sumit MehrotraRSU2021-03-175,385214,431
Tony NajjarPSU2021-03-172,6925,38410,768232,696
Jessica WenzellPSU2021-03-171,6833,3656,730145,435
Abhishek KhandelwalPSU2021-03-173,0296,05712,114261,784
Sumit MehrotraPSU2021-03-172,6925,38410,768232,696
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jessica Wenzell$134,034$145,435$052.0%
Arjun Sharma294,230232,696044.2%
Scott Buckhout1,752,2391,657,876048.6%
Tony Najjar245,132232,696048.7%
Abhishek Khandelwal241,190261,784052.0%
Sumit Mehrotra247,920232,696048.4%

% 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 2021

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Scott BuckhoutOption77,42233.63
Jessica WenzellPSU3,36591,461
Tony NajjarOption1,40833.63
Jessica WenzellRSU1,15831,474
Arjun SharmaOption1,76033.63
Jessica WenzellRSU3,36691,488
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantISS Corporate Solutions, Inc.
Clawback policytrue
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20222022-10-0417,885,675398,84528,16797.82%Passed
20212021-05-2817,718,498503,2279,99897.18%Passed
20202020-06-1216,843,3312,081,0511,61289%Passed
20192019-05-0918,158,786646,4704,42096.56%Passed
20182018-05-1018,465,080324,7223,45198.27%Passed
20172017-05-1015,091,648186,54141,87698.78%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
20222022-10-0497.82%a
20212021-05-2897.18%b
20202020-06-1289%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on this Proposal 1.”.

b. Approved under the standard stated in the filing — “However, in the case of Proposal 4, under the rules of the New York Stock Exchange, for purposes of stockholder approval of the amendment to the 2019 Plan, abstentions are counted as votes cast and will have the same effect as a vote against such matter.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have the same effect as a vote against this Proposal 1.”.

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.

08

Director compensation — fiscal year 2021

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Helmuth LudwigIndependent · Board Chair$182,875$112,571$0$0$0$295,446
Samuel ChapinIndependent · Audit (Chair) · Nominating/Governance98,063112,571000210,634
John (Andy) O'DonnellIndependent · Compensation (Chair) · Nominating/Governance91,438112,571000204,009
Jill D. SmithIndependent · Audit · Nominating/Governance86,625112,571000199,196
Tina M. DonikowskiIndependent · Audit · Compensation · Nominating/Governance81,813112,571000194,384
Bruce LismanIndependent · Audit · Compensation81,813112,571000194,384
David F. DietzIndependent · Compensation · Departed during FY60,563112,571000173,134
Peter M. WilverIndependent · Audit (Chair, until January 1, 2021) · Compensation · Departed during FY28,333000028,333
09

Board fee structure and ownership guideline

Annual cash retainer$72,188
Annual equity retainer$105,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)19,250 / 14,438 / 9,625
Stock ownership guideline5x annual retainer fee
09b

Total cost of the board

ComponentFY2021
Cash retainers and fees$711,523
Equity awards (grant-date value)$787,997
All other compensation$0
Total cost of the board$1,499,520

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

10

Disclosed peer group — fiscal year 2021

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Circor International names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Circor International.

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
1TriMas Corporation2025Thomas J. Snyder$415,385$4,249,999$6,707,644$0$12,128,864
2Rexnord Corporation2025Louis Pinkham1,223,0777,693,84702,228,45011,468,817
3SPX Corporation2025Eugene Lowe, III1,138,1164,619,8051,318,2212,072,9669,338,813
4Barnes Group Inc.2023Thomas Hook1,000,0004,688,2071,114,981432,0007,305,338
5Standex International Corporation2025David Dunbar936,4363,553,5480339,2245,117,281
6Albany International Corp.2025Gunnar Kleveland922,3272,612,5700699,5504,259,285
7Circor International2021Scott Buckhout805,3853,410,115004,229,501

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Circor Internationalnot disclosednot disclosedNoISS Corporate Solutions, Inc.
Albany International Corp.72.9%PSU 50 · RSU 50Yes — AIN Relative TSRPearl Meyer & Partners
Barnes Group Inc.43.2%PSU 60 · Options 20 · RSU 20Yes — Relative TSRMeridian Compensation Partners, LLC
Rexnord Corporation127.3%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Meridian Compensation Partners
SPX Corporation163.9%PSU 50 · Options 25 · RSU 25Yes — Relative TSRMeridian Compensation Partners, LLC
Standex International Corporation69.0%PSU 60 · RSU 40Yes — Relative TSRIndependent compensation consultant
TriMas Corporation200%Options 65 · RSU 35NoMeridian Compensation Partners

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.

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, Scott BuckhoutDEF 14A2022-09-090001091883-22-000067Section “2021 Summary Compensation Table” · page 41. As printed: 4,229,501. Filing ↗machine: r3 · c24 · span 629259–629269
2Section 01, Arjun SharmaDEF 14A2022-09-090001091883-22-000067Section “2021 Summary Compensation Table” · page 41. As printed: 987,294. Filing ↗machine: r10 · c24 · span 644447–644455
3Section 01, Tony NajjarDEF 14A2022-09-090001091883-22-000067Section “2021 Summary Compensation Table” · page 41. As printed: 975,762. Filing ↗machine: r8 · c24 · span 639999–640007
4Section 01, Abhishek KhandelwalDEF 14A2022-09-090001091883-22-000067Section “2021 Summary Compensation Table” · page 41. As printed: 959,743. Filing ↗machine: r6 · c24 · span 635643–635651
5Section 01, Sumit MehrotraDEF 14A2022-09-090001091883-22-000067Section “2021 Summary Compensation Table” · page 41. As printed: 748,449. Filing ↗machine: r14 · c24 · span 653122–653130
6Section 01, Jessica WenzellDEF 14A2022-09-090001091883-22-000067Section “2021 Summary Compensation Table” · page 41. As printed: 734,423. Filing ↗machine: r13 · c24 · span 650795–650803
7Section 03, Jessica Wenzell RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r21 · c10 · span 775382–775389
8Section 03, Arjun Sharma PSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r16 · c7 · span 761683–761688
9Section 03, Scott Buckhout PSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r5 · c7 · span 733225–733231
10Section 03, Scott Buckhout RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
11Section 03, Arjun Sharma RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r17 · c10 · span 764795–764802
12Section 03, Tony Najjar RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r13 · c10 · span 754746–754753
13Section 03, Abhishek Khandelwal RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r9 · c7 · span 743613–743618
14Section 03, Scott Buckhout RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r6 · c10 · span 736691–736700
15Section 03, Tony Najjar RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
16Section 03, Arjun Sharma RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
17Section 03, Sumit Mehrotra RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
18Section 03, Sumit Mehrotra RSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r24 · c10 · span 782690–782697
19Section 03, Tony Najjar PSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r12 · c7 · span 751284–751289
20Section 03, Jessica Wenzell PSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r20 · c7 · span 771921–771926
21Section 03, Abhishek Khandelwal PSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r9 · c7 · span 743613–743618
22Section 03, Sumit Mehrotra PSUDEF 14A2022-09-090001091883-22-000067Section “2021 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t53 · r23 · c7 · span 779578–779583
23Section 08, Helmuth LudwigDEF 14A2022-09-090001091883-22-000067Section “Director Compensation”. As printed: 295,446. Filing ↗machine: t12 · r6 · c3 · span 263879–263887
24Section 08, Samuel ChapinDEF 14A2022-09-090001091883-22-000067Section “Director Compensation”. As printed: 210,634. Filing ↗machine: t12 · r2 · c3 · span 260156–260164
25Section 08, John (Andy) O'DonnellDEF 14A2022-09-090001091883-22-000067Section “Director Compensation”. As printed: 204,009. Filing ↗machine: t12 · r7 · c3 · span 264766–264774
26Section 08, Jill D. SmithDEF 14A2022-09-090001091883-22-000067Section “Director Compensation”. As printed: 199,196. Filing ↗machine: t12 · r8 · c3 · span 265745–265753
27Section 08, Tina M. DonikowskiDEF 14A2022-09-090001091883-22-000067Section “Director Compensation”. As printed: 194,384. Filing ↗machine: t12 · r4 · c3 · span 262020–262028
28Section 08, Bruce LismanDEF 14A2022-09-090001091883-22-000067Section “Director Compensation”. As printed: 194,384. Filing ↗machine: t12 · r5 · c3 · span 262898–262906
29Section 08, David F. DietzDEF 14A2022-09-090001091883-22-000067Section “Director Compensation”. As printed: 173,134. Filing ↗machine: t12 · r3 · c3 · span 261036–261044
30Section 08, Peter M. WilverDEF 14A2022-09-090001091883-22-000067Section “Director Compensation”. As printed: 28,333. Filing ↗machine: t12 · r9 · c1 · span 266193–266199
31Section 06, 2022 voteForm 8-K2022-10-070001091883-22-000086Item 5.07 · say-on-pay result. As reported: 97.82%. Filing ↗
32Section 06, 2021 voteForm 8-K2021-05-280001091883-21-000018Item 5.07 · say-on-pay result. As reported: 97.18%. Filing ↗
33Section 06, 2020 voteForm 8-K2020-06-170001091883-20-000094Item 5.07 · say-on-pay result. As reported: 89%. Filing ↗
34Section 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
35Section 09b board cost (computed)ComputedcomputedCash 711,523 + equity 787,997 + all other 0 = 1,499,520, summed across the director compensation table rows.machine: formula: Σ = 1,499,520
36TriMas Corporation, Section 10b CEO totalDEF 14A2026-03-310001140361-26-012327CEO total compensation as printed in TriMas Corporation's own proxy. As printed: 12,128,864. Filing ↗machine: r2 · c25 · span 1036527–1036537
37Rexnord Corporation, Section 10b CEO totalDEF 14A2026-03-180000082811-26-000085CEO total compensation as printed in Rexnord Corporation's own proxy. As printed: 11,468,817. Filing ↗machine: r2 · c27 · span 915928–915938
38SPX Corporation, Section 10b CEO totalDEF 14A2026-03-310000088205-26-000019CEO total compensation as printed in SPX Corporation's own proxy. As printed: 9,338,813. Filing ↗machine: t119 · r2 · c11 · span 620400–620409
39Barnes Group Inc., Section 10b CEO totalDEF 14A2024-03-290001140361-24-016599CEO total compensation as printed in Barnes Group Inc.'s own proxy. As printed: 7,305,338. Filing ↗machine: r1 · c27 · span 926157–926166
40Standex International Corporation, Section 10b CEO totalDEF 14A2025-09-050001437749-25-028442CEO total compensation as printed in Standex International Corporation's own proxy. As printed: 5,117,281. Filing ↗machine: t217 · r1 · c28 · span 1012679–1012688
41Albany International Corp., Section 10b CEO totalDEF 14A2026-04-020001628280-26-022940CEO total compensation as printed in Albany International Corp.'s own proxy. As printed: 4,259,285. Filing ↗machine: t89 · r3 · c9 · span 688295–688304
42Circor International (subject), Section 10b CEO totalDEF 14A2022-09-090001091883-22-000067CEO total compensation as printed in Circor International's own proxy. As printed: 4,229,501. Filing ↗machine: r3 · c24 · span 629259–629269
43Section 10a, Rexnord Corporation reciprocityDEF 14A0000082811-26-000085Rexnord Corporation's most recent proxy was read; its disclosed peer group does not include Circor International. Filing ↗
44Section 10a, Albany International Corp. reciprocityDEF 14A0001628280-26-022940Albany International Corp.'s most recent proxy was read; its disclosed peer group does not include Circor International. Filing ↗
45Section 10a, SPX Corporation reciprocityDEF 14A0000088205-26-000019SPX Corporation's most recent proxy was read; its disclosed peer group does not include Circor International. Filing ↗
46Section 10a, TriMas Corporation reciprocityDEF 14A0001140361-26-012327TriMas Corporation's most recent proxy was read; its disclosed peer group does not include Circor International. Filing ↗
47Section 10a, Barnes Group Inc. reciprocityDEF 14A0001140361-24-016599Barnes Group Inc. names Circor International in its own disclosed peer group (read from its most recent proxy). Filing ↗