Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-10

Exponent (EXPO)

CEO Catherine Ford Corrigan was paid $3,736,574 in fiscal year 2025, ↑ up 6.9% from fiscal year 2024, the 33rd percentile of its disclosed peer group (SEC filing 0001193125-26-163945 ↗): 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.

$3,736,574 ↑
Catherine Ford Corrigan total, FY2025
33rd
CEO pay percentile vs peers
19:1
CEO-to-median pay ratio
97.98%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Catherine Ford Corrigan (President and Chief Executive Officer), FY2025 total compensation $3,736,574 (base salary $970,000) [exec_comp, SEC accession 0001193125-26-163945, filed 2026-04-20]

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EXPO's next annual pay disclosure, estimated April 20, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Catherine Ford Corrigan$970,000$900,000$1,120,164$678,510$0$0$67,900$3,736,574
President and Chief Executive Officer
Richard Schlenker650,000540,000680,040452,3400045,5002,367,880
Executive Vice President and Chief Financial Officer
Joseph Rakow687,500540,000720,08200048,1251,995,707
Group Vice President
Maureen Reitman662,500480,000640,16500046,3751,829,040
Group Vice President
Joseph Sala543,750495,000580,10300038,0631,656,916
Group Vice President

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 FY2024→2025
Catherine Ford Corrigan$3,736,574$3,495,084$3,558,964↑ +241,490
Richard Schlenker2,367,8802,249,6872,271,677↑ +118,193
Joseph Rakow1,995,7072,155,6142,065,402↓ −159,907
Maureen Reitman1,829,0401,818,2331,588,185↑ +10,807
Joseph Sala1,656,9161,412,646—↑ +244,270

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

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Companies that benchmark against EXPO
8 companies name EXPO as a compensation peer

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

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Catherine Ford CorriganCEO$3,736,574
Richard SchlenkerCFO$2,367,880
Joseph RakowGroup Vice President$1,995,707
Joseph SalaGroup Vice President$1,656,916
Maureen ReitmanGroup Vice President$1,829,040
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Carol LindstromIndependent Director$262,014
Debra L. ZumwaltIndependent Director$272,014
George H. BrownIndependent Director$272,014
Karen A. RichardsonIndependent Director$277,014
Paul R. Johnston, Ph.DFormer director (through FY2025)$310,014
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
Catherine Ford CorriganRSU2025-03-14——4,157—$343,909
Catherine Ford CorriganOPTION2025-02-20——21,000—678,510
Richard SchlenkerRSU2025-03-14——4,110—340,020
Joseph RakowRSU2025-03-14——4,352—360,041
Catherine Ford CorriganRSU2025-03-14——2,613—216,173
Joseph RakowRSU2025-03-14——4,352—360,041
Joseph SalaRSU2025-03-14——3,506—290,051
Maureen ReitmanRSU2025-03-14——3,869—320,082
Maureen ReitmanRSU2025-03-14——3,869—320,082
Joseph SalaRSU2025-03-14——3,506—290,051
Richard SchlenkerRSU2025-03-14——4,110—340,020
Richard SchlenkerOPTION2025-02-20——14,000—452,340
Richard SchlenkerOPTION2025-02-20——14,000—452,340
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Catherine Ford Corrigan$560,082$0$678,5100.0%
Richard Schlenker680,0400904,6800.0%
Joseph Rakow720,082000.0%
Joseph Sala580,102000.0%
Maureen Reitman640,164000.0%

% 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
Catherine Ford CorriganRSU6,770—$474,916
Catherine Ford CorriganRSU6,358—446,014
Joseph RakowRSU4,352—305,293
Richard SchlenkerRSU4,110—288,317
Joseph RakowRSU5,811—407,642
Catherine Ford CorriganRSU6,063—425,319
Catherine Ford CorriganRSU5,999—420,830
Maureen ReitmanRSU4,169—292,455
Maureen ReitmanRSU3,869—271,410
Richard SchlenkerRSU3,815—267,622
Catherine Ford CorriganOption30,00054.95—
Catherine Ford CorriganOption22,48029.05—
Joseph RakowRSU3,800—266,570
Richard SchlenkerRSU3,600—252,540
Richard SchlenkerRSU3,790—265,869
Joseph SalaRSU3,506—245,946
Joseph SalaRSU2,906—203,856
Joseph RakowRSU2,649—185,827
Maureen ReitmanRSU2,755—193,263
Maureen ReitmanRSU2,400—168,360
Joseph SalaRSU1,600—112,240
Joseph SalaRSU1,590—111,539
Catherine Ford CorriganOption21,00085.5—
Catherine Ford CorriganOption18,00075.87—
Catherine Ford CorriganOption9,000107.31—
Catherine Ford CorriganOption5,62587.9—
Catherine Ford CorriganOption20,00094.2—
Richard SchlenkerOption20,00054.95—
Catherine Ford CorriganOption24,00079.43—
Catherine Ford CorriganOption28,00037.45—
Catherine Ford CorriganOption24,00025.41—
Richard SchlenkerOption14,00085.5—
Richard SchlenkerOption12,00075.87—
Richard SchlenkerOption6,000107.31—
Richard SchlenkerOption3,75087.9—
Richard SchlenkerOption13,33394.2—
Richard SchlenkerOption16,00079.43—
Richard SchlenkerOption28,00037.45—
Richard SchlenkerOption3,44229.05—
Richard SchlenkerOption4,23023.63—
05

Incentive-plan design — the Compensation Discussion & Analysis

Our fundamental compensation philosophy is to align management’s incentives with the long-term interests of our stockholders, create a sense of partnership and provide a retention vehicle. We strive to compensate our named executive officers competitively with executives and consulting professionals throughout the industry and geographies in which we operate.

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

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0440,412,638753,39781,17297.98%Passed
20252025-06-0541,974,1511,851,12650,66795.67%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
20262026-06-0497.98%a
20252025-06-0595.67%b

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

b. Approved under the standard stated in the filing — “Abstentions will 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)19 : 1
CEO total compensation$3,736,574
Median employee compensation$199,314
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Paul R. Johnston, Ph.DIndependent · Departed during FY$155,000$155,014———$310,014
Karen A. RichardsonIndependent · Nominating/Governance · Audit · Human Resources122,000155,014———277,014
Debra L. ZumwaltIndependent · Nominating/Governance · Audit · Human Resources (Chair)117,000155,014———272,014
George H. BrownIndependent · Nominating/Governance · Audit (Chair) · Human Resources117,000155,014———272,014
Carol LindstromIndependent · Nominating/Governance (Chair) · Audit · Human Resources107,000155,014———262,014
Richard L. Schlenker JrEmployee director—————0
Catherine Ford Corrigan, Ph.DEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$155,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000
Stock ownership guideline$465,042
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$618,000
Equity awards (grant-date value)$775,070
All other compensation$0
Total cost of the board$1,393,070

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

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 Exponent 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 Exponent.

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
1Korn/Ferry International2026Gary Burnison$1,000,000$11,982,027$0$3,000,000$16,117,290
2CRA International2025Max Mitchell1,244,2315,480,7381,562,5061,840,20010,518,852
3FTI Consulting2025Steven Gunby1,000,0007,450,94301,805,15210,273,735
4ICF International2025John Wasson1,003,0964,715,91801,122,3326,857,678
5Exponent2025Catherine Ford Corrigan970,0001,120,164678,51003,736,574
6Resources Connection2026Roger Carlile475,9623,193,875003,669,837
7The Hackett Group2025Ted A. Fernandez900,000334,6880393,7501,628,438
—Huron Consulting Group——————not 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
Exponentnot disclosednot disclosednot disclosedCompensia
CRA International122.7%PSU 55 · Options 25 · RSU 20NoFrederic W. Cook & Co., Inc.
FTI Consultingnot disclosedPSU 60 · RSU 40Yes — Relative TSRPearl Meyer
Huron Consulting Groupnot disclosednot disclosednot disclosednot disclosed
ICF International86.41%PSU 50 · RSU 50NoAon Human Capital Solutions Practice
Korn/Ferry Internationalnot disclosedPRSU 50 · RSU 50not disclosedPearl Meyer
Resources Connectionnot disclosedRSU 100not disclosednot disclosed
The Hackett GroupPayouts were above the 'Commence' level but below the 'Goal' level (interpolated)%Performance-Based Restricted Stock Units (PSUs) 100NoPayGovernance

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.

10d

Frequently asked questions

Who was the highest-paid executive at Exponent in fiscal 2025?
As disclosed, Catherine Ford Corrigan (President and Chief Executive Officer) was the highest-paid executive at Exponent in fiscal 2025, with total compensation of $3,736,574.
How does Exponent's chief executive pay compare to its disclosed peer group?
As disclosed, Catherine Ford Corrigan's total compensation ranked at the 33rd percentile of Exponent's disclosed peer group.
What is Exponent's CEO-to-median employee pay ratio?
As disclosed, Exponent's CEO-to-median employee pay ratio was 19:1.
How did shareholders vote on Exponent's executive compensation?
As disclosed, 97.98% of shareholders supported Exponent's executive compensation in the latest say-on-pay vote.
How much does Exponent spend in total on board compensation for fiscal 2025?
As disclosed, Exponent reported total board compensation of $1,393,070 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.

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, Catherine Ford CorriganDEF 14A2026-04-200001193125-26-163945Section “Summary Compensation Table” · page 34. As printed: 3,736,574. Filing ↗machine: r2 · c25 · span 495437–495446
2Section 01, Richard SchlenkerDEF 14A2026-04-200001193125-26-163945Section “Summary Compensation Table” · page 34. As printed: 2,367,880. Filing ↗machine: r6 · c25 · span 530896–530905
3Section 01, Joseph RakowDEF 14A2026-04-200001193125-26-163945Section “Summary Compensation Table” · page 34. As printed: 1,995,707. Filing ↗machine: r10 · c25 · span 566367–566376
4Section 01, Maureen ReitmanDEF 14A2026-04-200001193125-26-163945Section “Summary Compensation Table” · page 34. As printed: 1,829,040. Filing ↗machine: r14 · c25 · span 601435–601444
5Section 01, Joseph SalaDEF 14A2026-04-200001193125-26-163945Section “Summary Compensation Table” · page 34. As printed: 1,656,916. Filing ↗machine: r18 · c25 · span 636499–636508
6Section 03, Catherine Ford Corrigan RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 684450–684457
7Section 03, Catherine Ford Corrigan OPTIONDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 699107–699114
8Section 03, Richard Schlenker RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 712487–712494
9Section 03, Joseph Rakow RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 740515–740522
10Section 03, Catherine Ford Corrigan RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 691781–691788
11Section 03, Joseph Rakow RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 740515–740522
12Section 03, Joseph Sala RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 781930–781937
13Section 03, Maureen Reitman RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 761224–761231
14Section 03, Maureen Reitman RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 761224–761231
15Section 03, Joseph Sala RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 781930–781937
16Section 03, Richard Schlenker RSUDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 712487–712494
17Section 03, Richard Schlenker OPTIONDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 727146–727153
18Section 03, Richard Schlenker OPTIONDEF 14A2026-04-200001193125-26-163945Section “Grants of Plan-Based Awards in Fiscal 2025 Table” · grants of plan-based awards table. Filing ↗machine: span 727146–727153
19Section 07, pay ratioDEF 14A2026-04-200001193125-26-163945Section “CEO Pay Ratio”. As printed: 19 : 1. Filing ↗
20Section 08, Paul R. Johnston, Ph.DDEF 14A2026-04-200001193125-26-163945Section “Director Compensation”. As printed: 310,014. Filing ↗machine: span 242824–243033
21Section 08, Karen A. RichardsonDEF 14A2026-04-200001193125-26-163945Section “Director Compensation”. As printed: 277,014. Filing ↗machine: span 252026–252235
22Section 08, Debra L. ZumwaltDEF 14A2026-04-200001193125-26-163945Section “Director Compensation”. As printed: 272,014. Filing ↗machine: span 256626–256835
23Section 08, George H. BrownDEF 14A2026-04-200001193125-26-163945Section “Director Compensation”. As printed: 272,014. Filing ↗machine: span 238217–238426
24Section 08, Carol LindstromDEF 14A2026-04-200001193125-26-163945Section “Director Compensation”. As printed: 262,014. Filing ↗machine: span 247423–247632
25Section 08, Richard L. Schlenker JrDEF 14A2026-04-200001193125-26-163945Section “Director Compensation”. As printed: 0. Filing ↗
26Section 08, Catherine Ford Corrigan, Ph.DDEF 14A2026-04-200001193125-26-163945Section “Director Compensation”. As printed: 0. Filing ↗
27Section 06, 2026 voteForm 8-K2026-06-100001171843-26-004036Item 5.07 · say-on-pay result. As reported: 97.98% (votes for as printed: 40,412,638). Filing ↗
28Section 06, 2025 voteForm 8-K2025-06-100001171843-25-003818Item 5.07 · say-on-pay result. As reported: 95.67% (votes for as printed: 41,974,151). Filing ↗
29Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
30Section 03b vehicle mix (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
31Section 09b board cost (computed)Computed——Cash 618,000 + equity 775,070 + all other 0 = 1,393,070, summed across the director compensation table rows.machine: formula: Σ = 1,393,070
32Korn/Ferry International, Section 10b CEO totalDEF 14A2026-08-070001308179-26-000388CEO total compensation as printed in Korn/Ferry International's own proxy. As printed: 16,117,290. Filing ↗machine: span 732392–732402
33CRA International, Section 10b CEO totalDEF 14A2026-03-130001193125-26-105005CEO total compensation as printed in CRA International's own proxy. As printed: 10,518,852. Filing ↗machine: r3 · c35 · span 842112–842122
34FTI Consulting, Section 10b CEO totalDEF 14A2026-04-210001193125-26-165147CEO total compensation as printed in FTI Consulting's own proxy. As printed: 10,273,735. Filing ↗machine: r5 · c18 · span 1110308–1110318
35ICF International, Section 10b CEO totalDEF 14A2026-04-220001140361-26-016102CEO total compensation as printed in ICF International's own proxy. As printed: 6,857,678. Filing ↗machine: r2 · c19 · span 1792780–1792789
36Exponent (subject), Section 10b CEO totalDEF 14A2026-04-200001193125-26-163945CEO total compensation as printed in Exponent's own proxy. As printed: 3,736,574. Filing ↗machine: r2 · c25 · span 495437–495446
37Resources Connection, Section 10b CEO totalDEF 14A2026-09-100001084765-26-000063CEO total compensation as printed in Resources Connection's own proxy. As printed: 3,669,837. Filing ↗machine: r5 · c30 · span 1153256–1153265
38The Hackett Group, Section 10b CEO totalDEF 14A2026-03-200001193125-26-117620CEO total compensation as printed in The Hackett Group's own proxy. As printed: 1,628,438. Filing ↗machine: t4 · r2 · c17 · span 411851–411860
39Section 10a, FTI Consulting reciprocityDEF 14A—0001193125-26-165147FTI Consulting names Exponent in its own disclosed peer group (read from its most recent proxy). Filing ↗
40Section 10a, CRA International reciprocityDEF 14A—0001193125-26-105005CRA International's most recent proxy was read; its disclosed peer group does not include Exponent. Filing ↗
41Section 10a, Korn/Ferry International reciprocityDEF 14A—0001308179-26-000388Korn/Ferry International's most recent proxy was read; its disclosed peer group does not include Exponent. Filing ↗
42Section 10a, ICF International reciprocityDEF 14A—0001140361-26-016102ICF International names Exponent in its own disclosed peer group (read from its most recent proxy). Filing ↗
43Section 10a, Resources Connection reciprocityDEF 14A—0001084765-26-000063Resources Connection's most recent proxy was read; its disclosed peer group does not include Exponent. Filing ↗