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Companies GPGI, Inc.

GPGI (GPGI): executive pay, fiscal 2025

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CEO total pay$6,064,754Former CEO Jonathan Wilk · source
Say-on-pay support92.63%Latest vote · source

CEO pay, last three years

  • $6,570,109FY2023
  • $6,531,146FY2024
  • $6,064,754FY2025

CEO total pay was $6,064,754 in fiscal 2025, down from $6,531,146 in fiscal 2024.

FY2025: salary $750,000 · bonus $0 · stock awards $4,400,000 · option awards $0

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Executives and directors

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jonathan Wilk$750,000$0$4,400,000$0$900,000$0$14,754$6,064,754
Former President and Chief Executive Officer
Adam Lowe471,60102,000,0000450,000015,1022,936,703
Chief Product and Innovation Officer
Gregoire Maes444,86601,500,0000420,000022,8512,387,717
Chief Operating Officer
Amanda Gourbault530,45001,000,0000477,405014,3672,022,222
Chief Revenue Officer
Mary Holt67,30801,250,000500,000100,000022,6711,939,979
Chief Financial Officer of CompoSecure, L.L.C.
Timothy Fitzsimmons353,4640760,0000198,911016,8091,329,184
Former Chief Financial 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 FY2024→2025
Jonathan Wilk$6,064,754$6,531,146$6,570,109↓ −466,392
Adam Lowe2,936,7032,411,6982,008,647↑ +525,005
Gregoire Maes2,387,717—1,947,765—
Amanda Gourbault2,022,222—2,267,815—
Mary Holt1,939,979———
Timothy Fitzsimmons1,329,184—1,527,575—

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

Incentive-plan design — the Compensation Discussion & Analysis

The company follows a 'pay for performance' philosophy designed to link a significant portion of executive compensation to company performance, including ambitious financial targets and stock price performance. The program emphasizes variable pay over fixed pay, with a substantial portion of total direct compensation being 'at risk' based on specific financial metrics and long-term equity value.

CEO STI target (% of salary)NaN%
CEO LTI target (% of salary)—
Independent consultantSemler Brossy Consulting Group, LLC
Clawback policyThe Company adopted a Compensation Recoupment Policy in compliance with SEC and NYSE clawback rules, requiring mandatory recovery of erroneously awarded incentive-based compensation in the event of an accounting restatement. The Board expanded this policy to the entire senior leadership team and may extend it to additional officers in appropriate cases.
Anti-hedgingThe Insider Trading Policy prohibits officers, directors, and other covered persons from directly or indirectly trading in options, warrants, puts, and calls or selling securities 'short'. It also prohibits engaging in certain hedging or monetization transactions without pre-approval from the legal function.
Anti-pledging—
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Timothy FitzsimmonsRSU2025-02-26——56,225—$760,000
Jonathan WilkRSU2025-02-26——325,513—4,400,000
Amanda GourbaultRSU2025-02-26——73,980—1,000,000
Adam LoweRSU2025-02-26——147,960—2,000,000
Mary HoltRSU2025-10-27——48,023—500,000
Mary HoltRSU2025-10-27——61,820—1,250,000
Gregoire MaesRSU2025-02-26——110,971—1,500,000

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Timothy Fitzsimmons$760,000$0$00.0%
Jonathan Wilk4,400,000000.0%
Amanda Gourbault1,000,000000.0%
Adam Lowe2,000,000000.0%
Mary Holt1,750,000000.0%
Gregoire Maes1,500,000000.0%

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

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Mary HoltOption48,03120.22—
Timothy FitzsimmonsRSU48,071—926,809
Mary HoltRSU61,820—1,191,890
Timothy FitzsimmonsRSU73,063—1,408,650
Gregoire MaesRSU73,102—1,409,407
Timothy FitzsimmonsRSU73,102—1,409,407
Amanda GourbaultRSU73,980—1,426,334
Amanda GourbaultRSU87,722—1,691,280
Gregoire MaesRSU104,375—2,012,347
Adam LoweRSU104,376—2,012,366
Amanda GourbaultRSU104,376—2,012,366
Gregoire MaesRSU110,971—2,139,521
Adam LoweRSU147,960—2,852,669
Adam LoweRSU175,444—3,382,560
Timothy FitzsimmonsRSU183,695—3,541,635
Amanda GourbaultRSU241,644—4,658,889
Gregoire MaesRSU241,644—4,658,889
Jonathan WilkRSU325,513—6,275,891
Jonathan WilkRSU328,504—6,333,552
Adam LoweRSU333,491—6,429,701
Jonathan WilkRSU417,502—8,049,432
Jonathan WilkRSU1,063,538—20,505,010
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Kevin M. MoriartyIndependent · Nominating and Corporate Governance Committee (4) · Newly elected$49,995$0$417,802—$0$467,797
Rebecca K. Corbin LoreeIndependent · Compensation Committee (3) · Newly elected49,9940417,802—0467,796
Joseph J. DeAngeloIndependent · Audit Committee (2) (Chair) · Compensation Committee (3)75,0000149,995—0224,995
Mark R. JamesIndependent · Compensation Committee (3) (Chair) · Nominating and Corporate Governance Committee (4)65,0000149,995—0214,995
John D. CoteNot independent · Nominating and Corporate Governance60,0000149,995—0209,995
Dr. Krishna MikkilineniIndependent · Audit Committee (2) · Compensation Committee (3) · Nominating and Corporate Governance Committee (4) (Chair) · Newly elected50,0000149,995—0199,995
Jane J. ThompsonIndependent · Compensation Committee (3)50,0000149,995—0199,995
Brian F. HughesIndependent · Audit Committee (2)50,0000149,995—0199,995
Paul S. GalantIndependent · Nominating and Corporate Governance Committee (4)50,0000149,995—0199,995
David M. CoteEmployee director · Board Chair—————0
Thomas R. KnottEmployee director—————0
Louis SamsonNot independent——————
Delara ZarrabiNot independent——————

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$250,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 10,000
Stock ownership guideline$5

Total cost of the board

ComponentFY2025
Cash retainers and fees$499,989
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$499,989

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

Peer group, and who names GPGI as a peer

Companies that benchmark against GPGI

No companies currently name GPGI as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

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.

Peer reciprocity

Of the companies GPGI, Inc. 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 GPGI, Inc..

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
1Qualys, Inc.2025Sumedh Thakar$616,167$14,597,565$0$723,377$15,947,158
2Q2 Holdings, Inc.2025Matthew Flake520,00010,372,9980552,87911,492,510
3EVERTEC, Inc.2025Morgan Schuessler856,9606,800,00001,500,0269,245,391
4Flywire Corporation2025Michael Massaro450,0007,732,0550610,0008,803,495
5Repay Holdings Corporation2025John Morris500,0007,293,0000340,0008,143,500
6Mirion Technologies, Inc.2025Thomas Logan818,7505,099,99001,074,5167,035,470
7GPGI, Inc.2025Jonathan Wilk750,0004,400,0000900,0006,064,754
8International Money Express, Inc.2024Robert Lisy1,000,0004,200,0000837,5006,042,098
9CTS Corporation2025Kieran O'Sullivan856,3202,900,0490975,7804,758,899
10Veeco Instruments Inc.2025William Miller680,9613,931,130004,624,824
11CPI Card Group Inc.2025John Lowe648,3652,611,9440520,0003,794,309
12Vishay Precision Group, Inc.2025Ziv Shoshani743,2351,300,661002,279,041
13Cass Information Systems, Inc.2025Martin Resch683,675860,6260453,7002,046,984
14Cantaloupe, Inc.2025Ravi Venkatesan450,000172,23800957,707
15i3 Verticals, Inc.2025Gregory Daily341,250000351,182
16Remitly Global, Inc.2025Matthew Oppenheimer290,000000296,100

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.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
GPGI, Inc.Jonathan C. Wilk: 120%; Mary Holt: 160% (prorated); Dr. Adam Lowe: 125%; Amanda Gourbault: 90%; Gregoire Maes: 124.4%; Timothy Fitzsimmons: 83.3% (prorated).%RSUs 100not disclosedSemler Brossy Consulting Group, LLC
Cantaloupe, Inc.71.8%RSU 100not disclosedAon Human Capital Solutions (McLagan)
Cass Information Systems, Inc.not disclosedPSU 60 · RSU 40NoPay Governance
CPI Card Group Inc.80%RSU 67 · PCA 33Yes — Relative TSRWillis Towers Watson
CTS Corporation112.8%not disclosedYes — Relative Total Shareholder Return (RTSR) ModifierExequity, LLP
EVERTEC, Inc.116.69%PSU 65 · RSU 35NoFW Cook
Flywire Corporation122%RSU 100not disclosedClearBridge Compensation Group LLC
i3 Verticals, Inc.not disclosedRSU 100not disclosedFW Cook
International Money Express, Inc.not disclosedPSU 50 · RSA 25 · RSU 25NoFW Cook
Mirion Technologies, Inc.108.54%PSU 100Yes — Relative TSRWillis Towers Watson (WTW) through April 2025; Compensia from April 2025 forward
Q2 Holdings, Inc.106.3%PSU 50 · RSU 50Yes — Relative TSRMercer
Qualys, Inc.not disclosednot disclosedNoCompensia, Inc.
Remitly Global, Inc.not disclosednot disclosednot disclosedCompensia, Inc.
Repay Holdings Corporationnot disclosedRSU 50 · PSU 50Yes — relative TSRFrederic W. Cook & Co., Inc.
Veeco Instruments Inc.not disclosedPSU 65 · RSU 35NoCompensation Strategies, Inc.
Vishay Precision Group, Inc.not disclosednot disclosedNoEY Parthenon

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.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-11231,699,27018,439,83478,84192.63%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
20262026-06-1192.63%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.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (61 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Jonathan Wilk. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 6,064,754. View filing ↗
  • Section 01, Adam Lowe. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 2,936,703. View filing ↗
  • Section 01, Gregoire Maes. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 2,387,717. View filing ↗
  • Section 01, Amanda Gourbault. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 2,022,222. View filing ↗
  • Section 01, Mary Holt. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 1,939,979. View filing ↗
  • Section 01, Timothy Fitzsimmons. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 1,329,184. View filing ↗
  • Section 03, Timothy Fitzsimmons RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jonathan Wilk RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Amanda Gourbault RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Adam Lowe RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mary Holt RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mary Holt RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Gregoire Maes RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 08, Kevin M. Moriarty. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 467,797. View filing ↗
  • Section 08, Rebecca K. Corbin Loree. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 467,796. View filing ↗
  • Section 08, Joseph J. DeAngelo. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 224,995. View filing ↗
  • Section 08, Mark R. James. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 214,995. View filing ↗
  • Section 08, John D. Cote. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 209,995. View filing ↗
  • Section 08, Dr. Krishna Mikkilineni. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 199,995. View filing ↗
  • Section 08, Jane J. Thompson. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 199,995. View filing ↗
  • Section 08, Brian F. Hughes. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 199,995. View filing ↗
  • Section 08, Paul S. Galant. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 199,995. View filing ↗
  • Section 08, David M. Cote. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Thomas R. Knott. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Louis Samson. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: —. View filing ↗
  • Section 08, Delara Zarrabi. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: —. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-12. Item 5.07 · say-on-pay result. As reported: 92.63% (votes for as printed: 231,699,270). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 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).
  • Section 09b board cost (computed). Computed. Cash 499,989 + equity 0 + all other 0 = 499,989, summed across the director compensation table rows.
  • Qualys, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Qualys, Inc.'s own proxy. As printed: 15,947,158. View filing ↗
  • Q2 Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Q2 Holdings, Inc.'s own proxy. As printed: 11,492,510. View filing ↗
  • EVERTEC, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in EVERTEC, Inc.'s own proxy. As printed: 9,245,391. View filing ↗
  • Flywire Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Flywire Corporation's own proxy. As printed: 8,803,495. View filing ↗
  • Repay Holdings Corporation, Section 10b CEO total. DEF 14A, filed 2026-05-11. CEO total compensation as printed in Repay Holdings Corporation's own proxy. As printed: 8,143,500. View filing ↗
  • Mirion Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Mirion Technologies, Inc.'s own proxy. As printed: 7,035,470. View filing ↗
  • GPGI, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in GPGI, Inc.'s own proxy. As printed: 6,064,754. View filing ↗
  • International Money Express, Inc., Section 10b CEO total. DEF 14A, filed 2025-05-12. CEO total compensation as printed in International Money Express, Inc.'s own proxy. As printed: 6,042,098. View filing ↗
  • CTS Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in CTS Corporation's own proxy. As printed: 4,758,899. View filing ↗
  • Veeco Instruments Inc., Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Veeco Instruments Inc.'s own proxy. As printed: 4,624,824. View filing ↗
  • CPI Card Group Inc., Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in CPI Card Group Inc.'s own proxy. As printed: 3,794,309. View filing ↗
  • Vishay Precision Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Vishay Precision Group, Inc.'s own proxy. As printed: 2,279,041. View filing ↗
  • Cass Information Systems, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-06. CEO total compensation as printed in Cass Information Systems, Inc.'s own proxy. As printed: 2,046,984. View filing ↗
  • Cantaloupe, Inc., Section 10b CEO total. DEF 14A, filed 2025-10-10. CEO total compensation as printed in Cantaloupe, Inc.'s own proxy. As printed: 957,707. View filing ↗
  • i3 Verticals, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-15. CEO total compensation as printed in i3 Verticals, Inc.'s own proxy. As printed: 351,182. View filing ↗
  • Remitly Global, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Remitly Global, Inc.'s own proxy. As printed: 296,100. View filing ↗
  • Section 10a, Vishay Precision Group, Inc. reciprocity. DEF 14A. Vishay Precision Group, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, Qualys, Inc. reciprocity. DEF 14A. Qualys, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, International Money Express, Inc. reciprocity. DEF 14A. International Money Express, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, Q2 Holdings, Inc. reciprocity. DEF 14A. Q2 Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, Repay Holdings Corporation reciprocity. DEF 14A. Repay Holdings Corporation's most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, Remitly Global, Inc. reciprocity. DEF 14A. Remitly Global, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, Veeco Instruments Inc. reciprocity. DEF 14A. Veeco Instruments Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, CPI Card Group Inc. reciprocity. DEF 14A. CPI Card Group Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, i3 Verticals, Inc. reciprocity. DEF 14A. i3 Verticals, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, Mirion Technologies, Inc. reciprocity. DEF 14A. Mirion Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, Flywire Corporation reciprocity. DEF 14A. Flywire Corporation's most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, Cantaloupe, Inc. reciprocity. DEF 14A. Cantaloupe, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, Cass Information Systems, Inc. reciprocity. DEF 14A. Cass Information Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, CTS Corporation reciprocity. DEF 14A. CTS Corporation's most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
  • Section 10a, EVERTEC, Inc. reciprocity. DEF 14A. EVERTEC, Inc.'s most recent proxy was read; its disclosed peer group does not include GPGI, Inc.. View filing ↗
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