Companies Garrett Motion
Garrett Motion (GTX): executive pay, fiscal 2025
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CEO pay, last three years
- $7,820,387FY2023
- $8,664,235FY2024
- $9,438,607FY2025
CEO total pay was $9,438,607 in fiscal 2025, up from $8,664,235 in fiscal 2024.
FY2025: salary $1,226,845 · bonus $0 · stock awards $5,878,068 · option awards $0
Executives and directors
Frequently asked questions
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.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Olivier Rabiller | $1,226,845 | $0 | $5,878,068 | $0 | $2,099,745 | $196,140 | $37,808 | $9,438,607 |
| President and Chief Executive Officer | ||||||||
| Sean Deason | 769,458 | 0 | 1,500,504 | 0 | 714,057 | 126,540 | 74,977 | 3,185,537 |
| Chief Financial Officer | ||||||||
| Craig Balis | 566,502 | 0 | 1,104,727 | 0 | 450,086 | 163,051 | 31,662 | 2,316,028 |
| Senior Vice President and Chief Technology Officer | ||||||||
| Thierry Mabru | 573,704 | 0 | 1,062,835 | 0 | 460,828 | 165,093 | 29,681 | 2,292,141 |
| Senior Vice President, Integrated Supply Chain | ||||||||
| Jérôme Maironi | 598,591 | 0 | 1,103,096 | 0 | 417,293 | 144,230 | 26,203 | 2,289,413 |
| Senior Advisor, Government Relations | ||||||||
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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Olivier Rabiller | $9,438,607 | $8,664,235 | $7,820,387 | ↑ +774,372 |
| Sean Deason | 3,185,537 | 3,175,018 | 3,164,776 | ↑ +10,519 |
| Craig Balis | 2,316,028 | 2,312,468 | 2,287,976 | ↑ +3,560 |
| Thierry Mabru | 2,292,141 | 2,263,965 | 2,241,179 | ↑ +28,176 |
| Jérôme Maironi | 2,289,413 | 2,276,504 | 2,269,835 | ↑ +12,909 |
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
Our compensation philosophy is designed to align the interests of our executive officers with those of our shareholders by providing pay that is directly linked to the achievement of performance goals established to create sustainable long-term shareholder value. At the root of our compensation philosophy is the use of variable, at-risk compensation that connects pay outcomes with superior results and sustainable growth execution.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Craig Balis | RSU | 2025-03-05 | — | — | 42,065 | — | $393,308 |
| Sean Deason | RSU | 2025-03-05 | — | — | 57,135 | — | 534,212 |
| Sean Deason | PSU | 2025-03-05 | 31,281 | 85,702 | — | 171,404 | 966,292 |
| Thierry Mabru | RSU | 2025-03-05 | — | — | 40,470 | — | 378,395 |
| Olivier Rabiller | RSU | 2025-03-05 | — | — | 193,582 | — | 1,809,992 |
| Jérôme Maironi | PSU | 2025-03-05 | 22,996 | 63,004 | — | 126,008 | 710,368 |
| Olivier Rabiller | PSU | 2025-03-05 | 132,724 | 343,849 | — | 687,698 | 4,068,077 |
| Jérôme Maironi | RSU | 2025-03-05 | — | — | 42,003 | — | 392,728 |
| Craig Balis | PSU | 2025-03-05 | 23,031 | 63,097 | — | 126,194 | 711,419 |
| Thierry Mabru | PSU | 2025-03-05 | 22,157 | 60,704 | — | 121,408 | 684,441 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Craig Balis | $393,308 | $711,419 | $0 | 64.4% |
| Sean Deason | 534,212 | 966,292 | 0 | 64.4% |
| Thierry Mabru | 378,395 | 684,441 | 0 | 64.4% |
| Olivier Rabiller | 1,809,992 | 4,068,077 | 0 | 69.2% |
| Jérôme Maironi | 392,728 | 710,368 | 0 | 64.4% |
% 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Thierry Mabru | RSU | 14,578 | — | $254,095 |
| Jérôme Maironi | RSU | 15,205 | — | 265,023 |
| Craig Balis | RSU | 15,228 | — | 265,424 |
| Thierry Mabru | RSU | 16,434 | — | 286,445 |
| Sean Deason | RSU | 19,457 | — | 339,136 |
| Craig Balis | RSU | 20,285 | — | 353,568 |
| Jérôme Maironi | RSU | 21,567 | — | 375,913 |
| Thierry Mabru | RSU | 27,608 | — | 481,207 |
| Jérôme Maironi | RSU | 28,654 | — | 499,439 |
| Craig Balis | RSU | 28,697 | — | 500,189 |
| Sean Deason | RSU | 29,902 | — | 521,192 |
| Sean Deason | RSU | 38,978 | — | 679,387 |
| Thierry Mabru | RSU | 40,470 | — | 705,392 |
| Jérôme Maironi | RSU | 42,003 | — | 732,112 |
| Craig Balis | RSU | 42,065 | — | 733,192 |
| Sean Deason | RSU | 57,135 | — | 995,863 |
| Olivier Rabiller | RSU | 61,229 | — | 1,067,221 |
| Olivier Rabiller | RSU | 90,903 | — | 1,584,439 |
| Thierry Mabru | RSU | 103,530 | — | 1,804,528 |
| Jérôme Maironi | RSU | 107,453 | — | 1,872,906 |
| Craig Balis | RSU | 107,611 | — | 1,875,660 |
| Thierry Mabru | RSU | 109,335 | — | 1,905,709 |
| Jérôme Maironi | RSU | 114,036 | — | 1,987,647 |
| Craig Balis | RSU | 114,205 | — | 1,990,593 |
| Thierry Mabru | RSU | 121,408 | — | 2,116,141 |
| Jérôme Maironi | RSU | 126,008 | — | 2,196,319 |
| Craig Balis | RSU | 126,194 | — | 2,199,561 |
| Olivier Rabiller | RSU | 132,061 | — | 2,301,823 |
| Sean Deason | RSU | 145,926 | — | 2,543,490 |
| Sean Deason | RSU | 146,165 | — | 2,547,656 |
| Sean Deason | RSU | 171,404 | — | 2,987,572 |
| Olivier Rabiller | RSU | 193,582 | — | 3,374,134 |
| Olivier Rabiller | RSU | 459,216 | — | 8,004,135 |
| Olivier Rabiller | RSU | 495,228 | — | 8,631,824 |
| Olivier Rabiller | RSU | 687,698 | — | 11,986,576 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Daniel NinivaggiIndependent · Board Chair · Technology & Innovation Committee · Nominating & Governance Committee | $57,225 | $347,234 | — | — | — | $404,459 |
| D'aun NormanIndependent · Audit (Chair) | 126,648 | 150,002 | — | — | — | 276,650 |
| Julia SteynIndependent · Audit | 125,426 | 150,002 | — | — | — | 275,428 |
| Joachim DreesIndependent · Audit | 0 | 275,123 | — | — | — | 275,123 |
| Robert ShanksIndependent · Audit · Not standing for re-election | 123,352 | 150,002 | — | — | — | 273,354 |
| Paul CamutiIndependent · Technology & Innovation · Talent Management & Compensation Committee · Nominating & Governance | 59,787 | 209,782 | — | — | — | 269,570 |
| Steven TesoriereNot independent · Talent Management & Compensation Committee | 0 | 0 | — | — | 0 | 0 |
| Kevin MahonyNot independent · Departed during FY | 0 | 0 | — | — | 0 | 0 |
| Olivier RabillerEmployee director · Technology & Innovation Committee | — | — | — | — | — | 0 |
| Jeffrey VannesteIndependent · Newly elected | — | — | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $150,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 15,000 |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $492,438 |
| Equity awards (grant-date value) | $1,282,145 |
| All other compensation | $0 |
| Total cost of the board | $1,774,583 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Garrett Motion as a peer
Companies that benchmark against GTX
4 companies name GTX as a compensation peer
- DANA IncDANFY2025
- Dauch CorpDCHFY2025
- Dorman Products, Inc.DORMFY2025
- PHINIA INC.PHINFY2025
Each company listed discloses GTX 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 GTX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
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.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Modine Manufacturing Company | 2026 | Neil Brinker | $1,186,346 | $6,120,022 | — | $2,793,081 | $10,159,548 |
| 2 | Autoneum Holding AG | 2025 | Karen Haller | 1,090,685 | 5,776,085 | 0 | 1,861,200 | 10,029,409 |
| 3 | Garrett Motion | 2025 | Olivier Rabiller | 1,226,845 | 5,878,068 | 0 | 2,099,745 | 9,438,607 |
| 4 | Cooper-Standard Holdings Inc. | 2025 | Jeffrey Edwards | 1,040,000 | 2,164,353 | 0 | 1,707,264 | 5,179,179 |
| — | Dowlais Group plc | — | — | — | — | — | — | not in coverage universe |
| — | Allison Transmission Holdings, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Linamar Corporation | — | — | — | — | — | — | not in coverage universe |
| — | ElringKlinger AG | — | — | — | — | — | — | 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.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Garrett Motion | not disclosed | PSU 60 · RSU 40 | not disclosed | Meridian Compensation Partners, LLC |
| Allison Transmission Holdings, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Autoneum Holding AG | 141% | PSU 60 · RSU 40 | No | Aon Human Capital Solutions |
| Cooper-Standard Holdings Inc. | not disclosed | PRSU 60 · RSU 40 | not disclosed | FW Cook |
| Dowlais Group plc | not disclosed | not disclosed | not disclosed | not disclosed |
| ElringKlinger AG | not disclosed | not disclosed | not disclosed | not disclosed |
| Linamar Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Modine Manufacturing Company | not disclosed | PSU 80 · RSU 20 | not disclosed | Meridian Compensation Partners LLC |
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 year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-28 | 147,402,471 | 4,099,169 | 277,241 | 97.12% | Passed |
| 2025 | 2025-05-22 | 173,081,104 | 1,128,884 | 959,527 | 98.81% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-28 | 97.12%a |
| 2025 | 2025-05-22 | 98.81%b |
a. Approved under the standard stated in the filing — “Abstentions will be treated as votes AGAINST.”.
b. Approved under the standard stated in the filing — “Abstentions will be treated as votes AGAINST.”.
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.
CEO pay ratio
| Ratio (CEO : median employee) | 76 : 1 |
|---|---|
| CEO total compensation | $2,106,406 |
| Median employee compensation | $27,573 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (35 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, Olivier Rabiller. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table” · page 44. As printed: 9,438,607. View filing ↗
- Section 01, Sean Deason. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table”. As printed: 3,185,537. View filing ↗
- Section 01, Craig Balis. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table”. As printed: 2,316,028. View filing ↗
- Section 01, Thierry Mabru. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table”. As printed: 2,292,141. View filing ↗
- Section 01, Jérôme Maironi. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table”. As printed: 2,289,413. View filing ↗
- Section 03, Craig Balis RSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Sean Deason RSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Sean Deason PSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Thierry Mabru RSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Olivier Rabiller RSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Jérôme Maironi PSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Olivier Rabiller PSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Jérôme Maironi RSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Craig Balis PSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Thierry Mabru PSU. DEF 14A, filed 2026-04-10. Section “Grants of Plan-Based Awards – Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2023-04-14. Section “CEO Pay Ratio”. As printed: 76 : 1. View filing ↗
- Section 08, Daniel Ninivaggi. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 404,459. View filing ↗
- Section 08, D'aun Norman. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 276,650. View filing ↗
- Section 08, Julia Steyn. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 275,428. View filing ↗
- Section 08, Joachim Drees. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 275,123. View filing ↗
- Section 08, Robert Shanks. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 273,354. View filing ↗
- Section 08, Paul Camuti. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 269,570. View filing ↗
- Section 08, Steven Tesoriere. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Kevin Mahony. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Olivier Rabiller. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Jeffrey Vanneste. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: —. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-01. Item 5.07 · say-on-pay result. As reported: 97.12% (votes for as printed: 147,402,471). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-29. Item 5.07 · say-on-pay result. As reported: 98.81% (votes for as printed: 173,081,104). 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 492,438 + equity 1,282,145 + all other 0 = 1,774,583, summed across the director compensation table rows.
- Modine Manufacturing Company, Section 10b CEO total. DEF 14A, filed 2026-07-10. CEO total compensation as printed in Modine Manufacturing Company's own proxy. As printed: 10,159,548. View filing ↗
- Autoneum Holding AG, Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Autoneum Holding AG's own proxy. As printed: 10,029,409. View filing ↗
- Garrett Motion (subject), Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Garrett Motion's own proxy. As printed: 9,438,607. View filing ↗
- Cooper-Standard Holdings Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Cooper-Standard Holdings Inc.'s own proxy. As printed: 5,179,179. View filing ↗