Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-29

Compass Minerals International (CMP)

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.

$6,343,575
Edward Dowling Jr. total, FY2025
29th
CEO pay percentile vs peers
68:1
CEO-to-median pay ratio
83.88%
Say-on-pay support, latest vote
Companies that benchmark against CMP
5 companies name CMP as a compensation peer

Each company listed discloses CMP 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 CMP 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
Edward Dowling Jr.$1,000,000$0$3,500,019$0$1,645,280$0$198,276$6,343,575
President and Chief Executive Officer
Patrick Merrin335,4170964,8060420,682019,3661,740,271
Chief Operations Officer
Mary Frontczak406,87901,247,77200051,4311,706,082
Former Chief Legal and Administrative Officer and Corporate Secretary
Benjamin Nichols405,0000655,9690412,902024,4711,498,342
Chief Sales Officer
Peter Fjellman358,077100,000599,0880312,196020,7771,390,138
Chief Financial Officer
Jennifer Hood172,5000241,509000734,7851,148,794
Former Chief Supply Chain Officer
Jeffrey Cathey128,9740600,01100061,213790,198
Former Chief Financial Officer
Amy Tills21,282130,000270,008013,1880100434,578
Chief Human Resources 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Edward Dowling Jr.$6,343,575$5,845,644+497,931
Patrick Merrin1,740,271
Mary Frontczak1,706,0822,176,5152,375,996−470,433
Benjamin Nichols1,498,342588,450+909,892
Peter Fjellman1,390,138
Jennifer Hood1,148,794591,693+557,101
Jeffrey Cathey790,198999,104−208,906
Amy Tills434,578

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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Patrick MerrinPSU33,141$636,307
Edward Dowling Jr.PSU124,0262,381,299
Edward Dowling Jr.PSU136,4002,618,880
Edward Dowling Jr.PSU100,5751,931,040
Edward Dowling Jr.PSU44,700858,240
Peter FjellmanPSU24,962479,270
Benjamin NicholsPSU18,268350,746
Benjamin NicholsPSU68513,152
Benjamin NicholsPSU16,611318,931
Patrick MerrinPSU14,955287,136
Amy TillsPSU14,595280,224
Benjamin NicholsPSU5,08497,613
Benjamin NicholsPSU2,21042,432
Benjamin NicholsPSU1,71132,851
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation philosophy is grounded in promoting stockholder interests by aligning compensation with the realization of our business objectives and increased long-term stockholder value. The program emphasizes variable elements and equity to reflect the direct impact of executive performance on strategic and financial results.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-03-0529,868,6225,669,31769,88183.88%Passed
20252025-03-0628,722,8532,175,126132,35392.56%Passed
20242024-03-0531,959,7992,018,27687,69593.82%Passed
20232023-02-1523,200,33810,136,07865,68469.46%Passed
20222022-02-2425,015,8832,130,26479,80091.88%Passed
20212021-05-1826,330,7421,174,840119,95995.31%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
20262026-03-0583.88%a
20252025-03-0692.56%b
20242024-03-0593.82%c

a. Approved under the standard stated in the filing — “Abstentions have the same effect as a vote against this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions have the same effect as a vote against this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions have the same effect as 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.

07

CEO pay ratio

Ratio (CEO : median employee)68 : 1
CEO total compensation
Median employee compensation$93,154
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$120,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)27,500 / 22,500 / 17,500
Stock ownership guideline$425,000
10

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.

10a

Peer reciprocity

Of the companies Compass Minerals 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 Compass Minerals 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
1Ramaco Resources2025Randall Atkins$1,000,000$5,442,767$0$1,650,000$9,206,767
2Peabody Energy2025James Grech1,075,0005,080,12501,835,8539,025,131
3Tronox Holdings2025John Romano1,100,0005,658,66101,052,4808,254,510
4Minerals Technologies2025Douglas Dietrich1,050,0002,310,022768,8032,891,1607,405,693
5Coeur Mining2025Mitchell Krebs850,0004,223,33601,413,1256,646,601
6Compass Minerals International2025Edward Dowling Jr.1,000,0003,500,01901,645,2806,343,575
7Metallus2025Michael Williams902,7083,865,15601,017,8035,863,348
8AdvanSix2025Erin Kane1,019,7003,747,9000785,4005,647,438
9LSB Industries2025Mark Behrman785,7313,448,20901,073,6005,327,795
10Rayonier Advanced Materials2025De Lyle Bloomquist1,000,0002,649,97501,363,4385,138,573
11Mativ Holdings2025Shruti Singhal1,061,0772,131,441003,256,333
12Tredegar2025John Steitz937,560000984,438
Sensient Technologiesnot in coverage universe
Arch Resourcesnot in coverage universe
Koppers Holdingsnot in coverage universe

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
Compass Minerals Internationalnot disclosedRSU 50 · PSU 50not disclosedFW Cook
AdvanSixnot disclosedPSU 50 · RSU 50not disclosednot disclosed
Arch Resourcesnot disclosednot disclosednot disclosednot disclosed
Coeur Miningnot disclosedPSU 60 · Restricted Stock 40not disclosedMeridian
Koppers Holdingsnot disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
LSB Industriesnot disclosednot disclosednot disclosednot disclosed
Mativ Holdingsnot disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Metallusnot disclosedPRSU 60 · RSU 40not disclosedMeridian
Minerals Technologiesnot disclosednot disclosednot disclosednot disclosed
Peabody Energynot disclosedPSU 50 · RSU 50not disclosedF.W. Cook
Ramaco Resourcesnot disclosednot disclosednot disclosedMeridian
Rayonier Advanced Materialsnot disclosednot disclosednot disclosedFrederick W. Cook & Co., Inc.
Sensient Technologiesnot disclosednot disclosednot disclosednot disclosed
Tredegarnot disclosednot disclosednot disclosednot disclosed
Tronox Holdingsnot disclosedRSU 50 · PRSU 50not disclosedFrederic W. Cook & Co. and FIT Remuneration Consultants, LLP

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, Edward Dowling Jr.DEF 14A2026-01-230001308179-26-000019Section “Fiscal 2025 Summary Compensation Table” · page 53. As printed: 6,343,575. Filing ↗machine: r1 · c14 · span 810548–810557
2Section 01, Patrick MerrinDEF 14A2026-01-230001308179-26-000019Section “Fiscal 2025 Summary Compensation Table” · page 53. As printed: 1,740,271. Filing ↗machine: r4 · c14 · span 817351–817360
3Section 01, Mary FrontczakDEF 14A2026-01-230001308179-26-000019Section “Fiscal 2025 Summary Compensation Table” · page 53. As printed: 1,706,082. Filing ↗machine: r10 · c14 · span 830883–830892
4Section 01, Benjamin NicholsDEF 14A2026-01-230001308179-26-000019Section “Fiscal 2025 Summary Compensation Table” · page 53. As printed: 1,498,342. Filing ↗machine: r5 · c14 · span 819670–819679
5Section 01, Peter FjellmanDEF 14A2026-01-230001308179-26-000019Section “Fiscal 2025 Summary Compensation Table” · page 53. As printed: 1,390,138. Filing ↗machine: r3 · c14 · span 815000–815009
6Section 01, Jennifer HoodDEF 14A2026-01-230001308179-26-000019Section “Fiscal 2025 Summary Compensation Table” · page 53. As printed: 1,148,794. Filing ↗machine: r13 · c14 · span 837345–837354
7Section 01, Jeffrey CatheyDEF 14A2026-01-230001308179-26-000019Section “Fiscal 2025 Summary Compensation Table” · page 53. As printed: 790,198. Filing ↗machine: r8 · c14 · span 826437–826444
8Section 01, Amy TillsDEF 14A2026-01-230001308179-26-000019Section “Fiscal 2025 Summary Compensation Table” · page 53. As printed: 434,578. Filing ↗machine: r7 · c14 · span 824106–824113
9Section 07, pay ratioDEF 14A2026-01-230001308179-26-000019Section “CEO Pay Ratio”. As printed: 68 : 1. Filing ↗
10Section 06, 2026 voteForm 8-K2026-03-100001227654-26-000015Item 5.07 · say-on-pay result. As reported: 83.88% (votes for as printed: 29,868,622). Filing ↗
11Section 06, 2025 voteForm 8-K2025-03-110001227654-25-000065Item 5.07 · say-on-pay result. As reported: 92.56% (votes for as printed: 28,722,853). Filing ↗
12Section 06, 2024 voteForm 8-K2024-03-080001227654-24-000070Item 5.07 · say-on-pay result. As reported: 93.82% (votes for as printed: 31,959,799). Filing ↗
13Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
14Ramaco Resources, Section 10b CEO totalDEF 14A2026-04-270001213900-26-047772CEO total compensation as printed in Ramaco Resources's own proxy. As printed: 9,206,767. Filing ↗machine: r1 · c7 · span 1327893–1327902
15Peabody Energy, Section 10b CEO totalDEF 14A2026-03-260001064728-26-000012CEO total compensation as printed in Peabody Energy's own proxy. As printed: 9,025,131. Filing ↗machine: r2 · c24 · span 542367–542376
16Tronox Holdings, Section 10b CEO totalDEF 14A2026-03-190001140361-26-010422CEO total compensation as printed in Tronox Holdings's own proxy. As printed: 8,254,510. Filing ↗machine: r2 · c27 · span 1071280–1071289
17Minerals Technologies, Section 10b CEO totalDEF 14A2026-04-020001104659-26-039205CEO total compensation as printed in Minerals Technologies's own proxy. As printed: 7,405,693. Filing ↗machine: r2 · c48 · span 1633829–1633838
18Coeur Mining, Section 10b CEO totalDEF 14A2026-04-010001140361-26-012491CEO total compensation as printed in Coeur Mining's own proxy. As printed: 6,646,601. Filing ↗machine: r2 · c28 · span 2268574–2268583
19Compass Minerals International (subject), Section 10b CEO totalDEF 14A2026-01-230001308179-26-000019CEO total compensation as printed in Compass Minerals International's own proxy. As printed: 6,343,575. Filing ↗machine: r1 · c14 · span 810548–810557
20Metallus, Section 10b CEO totalDEF 14A2026-03-120001193125-26-102544CEO total compensation as printed in Metallus's own proxy. As printed: 5,863,348. Filing ↗machine: span 960010–960019
21AdvanSix, Section 10b CEO totalDEF 14A2026-04-290001673985-26-000022CEO total compensation as printed in AdvanSix's own proxy. As printed: 5,647,438. Filing ↗machine: span 646055–646064
22LSB Industries, Section 10b CEO totalDEF 14A2026-04-100001193125-26-151347CEO total compensation as printed in LSB Industries's own proxy. As printed: 5,327,795. Filing ↗machine: span 1083424–1083433
23Rayonier Advanced Materials, Section 10b CEO totalDEF 14A2026-03-300001140361-26-011995CEO total compensation as printed in Rayonier Advanced Materials's own proxy. As printed: 5,138,573. Filing ↗machine: r2 · c28 · span 1113828–1113837
24Mativ Holdings, Section 10b CEO totalDEF 14A2026-03-170001000623-26-000021CEO total compensation as printed in Mativ Holdings's own proxy. As printed: 3,256,333. Filing ↗machine: r5 · c36 · span 615186–615195
25Tredegar, Section 10b CEO totalDEF 14A2026-03-250001628280-26-020996CEO total compensation as printed in Tredegar's own proxy. As printed: 984,438. Filing ↗machine: r4 · c27 · span 433265–433272
26Section 10a, AdvanSix reciprocityDEF 14A0001673985-26-000022AdvanSix's most recent proxy was read; its disclosed peer group does not include Compass Minerals International. Filing ↗
27Section 10a, Peabody Energy reciprocityDEF 14A0001064728-26-000012Peabody Energy names Compass Minerals International in its own disclosed peer group (read from its most recent proxy). Filing ↗
28Section 10a, Tronox Holdings reciprocityDEF 14A0001140361-26-010422Tronox Holdings's most recent proxy was read; its disclosed peer group does not include Compass Minerals International. Filing ↗
29Section 10a, Tredegar reciprocityDEF 14A0001628280-26-020996Tredegar's most recent proxy was read; its disclosed peer group does not include Compass Minerals International. Filing ↗
30Section 10a, Koppers Holdings reciprocityDEF 14A0001315257-26-000026Koppers Holdings's most recent proxy was read; its disclosed peer group does not include Compass Minerals International. Filing ↗
31Section 10a, Metallus reciprocityDEF 14A0001193125-26-102544Metallus's most recent proxy was read; its disclosed peer group does not include Compass Minerals International. Filing ↗
32Section 10a, Ramaco Resources reciprocityDEF 14A0001213900-26-047772Ramaco Resources names Compass Minerals International in its own disclosed peer group (read from its most recent proxy). Filing ↗
33Section 10a, Coeur Mining reciprocityDEF 14A0001140361-26-012491Coeur Mining's most recent proxy was read; its disclosed peer group does not include Compass Minerals International. Filing ↗
34Section 10a, Mativ Holdings reciprocityDEF 14A0001000623-26-000021Mativ Holdings's most recent proxy was read; its disclosed peer group does not include Compass Minerals International. Filing ↗