Companies Marinemax Inc
Marinemax (HHMAC): executive pay, fiscal 2025
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CEO vs. named peers36th pct.Of 14 peer CEOs
CEO pay, last three years
- $6,006,138FY2023
- $6,451,890FY2024
- $6,270,195FY2025
CEO total pay was $6,270,195 in fiscal 2025, down from $6,451,890 in fiscal 2024.
FY2025: salary $1,025,000 · bonus $0 · stock awards $4,510,002 · option awards $0
Frequently asked questions
Who was the highest-paid executive at Marinemax Inc in fiscal 2025?
As disclosed, W McGill (Chief Executive Officer and President) was the highest-paid executive at Marinemax Inc in fiscal 2025, with total compensation of $6,270,195.
How does Marinemax Inc's chief executive pay compare to its disclosed peer group?
As disclosed, W McGill's total compensation ranked at the 36th percentile of Marinemax Inc's disclosed peer group.
What is Marinemax Inc's CEO-to-median employee pay ratio?
As disclosed, Marinemax Inc's CEO-to-median employee pay ratio was 95:1.
How much does Marinemax Inc spend in total on board compensation for fiscal 2025?
As disclosed, Marinemax Inc reported total board compensation of $1,815,313 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.
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 |
|---|---|---|---|---|---|---|---|---|
| W McGill | $1,025,000 | $0 | $4,510,002 | $0 | $727,680 | $0 | $7,513 | $6,270,195 |
| Chief Executive Officer and President | ||||||||
| Kyle Langbehn | 632,500 | 0 | 1,518,011 | 0 | 359,225 | 0 | 9,409 | 2,519,145 |
| Executive Vice President and President of Retail Operations | ||||||||
| Michael McLamb | 585,000 | 0 | 994,480 | 0 | 332,248 | 0 | 10,500 | 1,922,228 |
| Executive Vice President, Chief Financial Officer, and Secretary | ||||||||
| Charles Cashman | 520,000 | 0 | 1,092,000 | 0 | 221,499 | 0 | 8,570 | 1,842,069 |
| Executive Vice President and Chief Revenue Officer | ||||||||
| Shawn Berg | 460,000 | 0 | 460,009 | 0 | 156,753 | 0 | 8,451 | 1,085,213 |
| Executive Vice President and Chief Digital 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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| W McGill | $6,270,195 | $6,451,890 | $6,006,138 | ↓ −181,695 |
| Kyle Langbehn | 2,519,145 | 2,052,391 | 1,931,802 | ↑ +466,754 |
| Michael McLamb | 1,922,228 | 2,053,462 | 1,955,477 | ↓ −131,234 |
| Charles Cashman | 1,842,069 | 1,902,286 | 1,773,890 | ↓ −60,217 |
| Shawn Berg | 1,085,213 | 1,122,721 | — | ↓ −37,508 |
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
MarineMax's compensation philosophy is designed to align executive compensation outcomes with corporate performance and shareholder outcomes, with the majority of compensation being variable incentive compensation that fluctuates based on company performance and stock price. The program aims to pay competitive base salaries to attract and retain talent while using cash incentives and stock-based awards to reward financial results and long-term shareholder value creation.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensation Advisory Partners (CAP) |
| 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 |
|---|---|---|---|---|---|---|---|
| Shawn Berg | PSU | 2024-11-14 | — | 9,133 | — | 15,983 | $275,999 |
| Shawn Berg | RSU | — | — | — | 6,089 | — | 184,010 |
| Charles Cashman | PSU | 2024-11-14 | — | 21,681 | — | 37,942 | 655,200 |
| Charles Cashman | RSU | — | — | — | 14,454 | — | 436,800 |
| Kyle Langbehn | PSU | 2024-11-14 | — | 30,139 | — | 52,743 | 910,801 |
| Kyle Langbehn | RSU | — | — | — | 20,093 | — | 607,210 |
| W McGill | PSU | 2024-11-14 | — | 89,543 | — | 156,700 | 2,705,989 |
| W McGill | RSU | — | — | — | 59,696 | — | 1,804,013 |
| Michael McLamb | PSU | 2024-11-14 | — | 19,745 | — | 34,554 | 596,694 |
| Michael McLamb | RSU | — | — | — | 13,163 | — | 397,786 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Shawn Berg | $184,010 | $275,999 | $0 | 60.0% |
| Charles Cashman | 436,800 | 655,200 | 0 | 60.0% |
| Kyle Langbehn | 607,210 | 910,801 | 0 | 60.0% |
| W McGill | 1,804,013 | 2,705,989 | 0 | 60.0% |
| Michael McLamb | 397,786 | 596,694 | 0 | 60.0% |
% 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Shawn Berg | RSU | 1,781 | — | $45,113 |
| Shawn Berg | RSU | 3,384 | — | 85,717 |
| Michael McLamb | RSU | 4,045 | — | 102,460 |
| Kyle Langbehn | RSU | 4,045 | — | 102,460 |
| Shawn Berg | RSU | 4,060 | — | 102,840 |
| Charles Cashman | RSU | 4,484 | — | 113,580 |
| Shawn Berg | RSU | 7,011 | — | 177,589 |
| Michael McLamb | RSU | 7,316 | — | 185,314 |
| Charles Cashman | RSU | 8,033 | — | 203,476 |
| Michael McLamb | RSU | 8,776 | — | 222,296 |
| Charles Cashman | RSU | 9,637 | — | 244,105 |
| Kyle Langbehn | RSU | 11,167 | — | 282,860 |
| Kyle Langbehn | RSU | 13,397 | — | 339,346 |
| Michael McLamb | RSU | 15,925 | — | 403,380 |
| Kyle Langbehn | RSU | 15,925 | — | 403,380 |
| Charles Cashman | RSU | 17,656 | — | 447,226 |
| W McGill | RSU | 18,684 | — | 473,266 |
| W McGill | RSU | 33,179 | — | 840,424 |
| W McGill | RSU | 39,800 | — | 1,008,134 |
| W McGill | RSU | 73,566 | — | 1,863,427 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Rebecca WhiteIndependent · Board Chair · Compensation · Nominating/Corporate Governance (Chair) | $245,000 | $140,009 | $0 | — | $0 | $385,009 |
| Bonnie BiumiIndependent · Audit (Chair) · Nominating/Corporate Governance | 103,000 | 140,009 | 0 | — | 0 | 243,009 |
| George E. BorstIndependent · Audit · Compensation (Chair) · Nominating/Corporate Governance | 100,000 | 140,009 | 0 | — | 0 | 240,009 |
| Clint MooreIndependent · Not standing for re-election · Departed during FY | 97,500 | 140,009 | 0 | — | 0 | 237,509 |
| Evelyn V. FollitIndependent · Not standing for re-election · Departed during FY | 85,500 | 140,009 | 0 | — | 0 | 225,509 |
| Mercedes RomeroIndependent · Compensation · Nominating/Corporate Governance | 83,000 | 140,009 | 0 | — | 0 | 223,009 |
| Adam M. JohnsonIndependent · Not standing for re-election | 80,000 | 140,009 | 0 | — | 0 | 220,009 |
| Daniel SchiappaIndependent · Audit | 20,625 | 0 | 64,927 | — | 0 | 85,552 |
| Odilon AlmeidaIndependent · Audit · Nominating/Corporate Governance | 20,625 | 0 | 64,927 | — | 0 | 85,552 |
Board fee structure and ownership guideline
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $140,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 17,500 / 15,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $835,250 |
| Equity awards (grant-date value) | $980,063 |
| All other compensation | $0 |
| Total cost of the board | $1,815,313 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Marinemax as a peer
Companies that benchmark against HHMAC
No companies currently name HHMAC 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.
PII PolarisHEES H&E Equipment Services, Inc.SPWH Sportsman’s Warehouse Holdings, Inc.ONEW OneWater MarineMBUU Malibu Boats, Inc.BC Brunswick CorporationKFRC Kforce Inc.MTN Vail Resorts, Inc. Topgolf Callaway Brand Corp.LCII LCI IndustriesWGO Winnebago Industries, Inc.CVCO Cavco Industries, Inc.MHO M/I Homes, Inc.BGFV Big 5 Sporting Goods
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 | Brunswick Corporation | 2025 | David Foulkes | $1,250,577 | $9,750,026 | $0 | $1,876,000 | $13,020,607 |
| 2 | Polaris | 2025 | Michael Speetzen | 1,216,562 | 3,292,784 | 3,661,011 | 2,719,747 | 11,144,637 |
| 3 | LCI Industries | 2025 | Jason Lippert | 1,195,000 | 6,221,621 | 0 | 2,345,838 | 10,093,861 |
| 4 | M/I Homes, Inc. | 2025 | Robert Schottenstein | 1,100,000 | 4,945,343 | 0 | 3,506,250 | 9,914,773 |
| 5 | Winnebago Industries, Inc. | 2026 | Michael Happe | 1,185,000 | 5,185,003 | 914,997 | 1,335,750 | 8,661,661 |
| 6 | Cavco Industries, Inc. | 2026 | Bill Boor | 1,100,000 | 4,729,907 | 0 | 2,120,915 | 7,958,712 |
| 7 | H&E Equipment Services, Inc. | 2023 | Bradley W. Barber | 907,692 | 3,599,924 | 0 | — | 6,295,836 |
| 8 | Marinemax Inc | 2025 | W McGill | 1,025,000 | 4,510,002 | 0 | 727,680 | 6,270,195 |
| 9 | Kforce Inc. | 2025 | Joseph Liberatore | 925,000 | 3,217,504 | 0 | 1,029,063 | 5,415,821 |
| 10 | Malibu Boats, Inc. | 2026 | Steven Menneto | 920,000 | 2,610,914 | 0 | 1,012,000 | 4,557,820 |
| 11 | OneWater Marine | 2025 | Anthony Aisquith | 800,000 | 2,520,040 | 0 | 1,180,000 | 4,545,986 |
| 12 | Vail Resorts, Inc. | 2026 | Robert Katz | 1,023,953 | 1,500,000 | 1,500,000 | 204,600 | 4,255,493 |
| — | Sportsman’s Warehouse Holdings, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Big 5 Sporting Goods | — | — | — | — | — | — | 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 |
|---|---|---|---|---|
| Marinemax Inc | not disclosed | PBRSU 60 · TBRSU 40 | not disclosed | Compensation Advisory Partners (CAP) |
| Big 5 Sporting Goods | not disclosed | not disclosed | not disclosed | not disclosed |
| Brunswick Corporation | not disclosed | not disclosed | not disclosed | FW Cook |
| Cavco Industries, Inc. | not disclosed | not disclosed | No | Pearl Meyer Partners, LLC |
| H&E Equipment Services, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Kforce Inc. | 89% | RSU 100 | Yes — Three-year TSR performance relative to Performance Peer Group | Pay Governance LLC |
| LCI Industries | not disclosed | not disclosed | not disclosed | Willis Towers Watson |
| M/I Homes, Inc. | 94% | not disclosed | No | WTW |
| Malibu Boats, Inc. | 100% | PSU 60 · RSU 40 | Yes — Relative TSR | Exequity |
| OneWater Marine | not disclosed | not disclosed | not disclosed | Aon |
| Polaris | not disclosed | Option 50 · RSU 50 | not disclosed | Aon |
| Sportsman’s Warehouse Holdings, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Vail Resorts, Inc. | not disclosed | RSU 50 · SAR 50 | not disclosed | Aon |
| Winnebago Industries, Inc. | not disclosed | PSU 50 · RSU 35 · Option 15 | not disclosed | Semler Brossy |
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
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 95 : 1 |
|---|---|
| CEO total compensation | $6,270,195 |
| Median employee compensation | $66,249 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (40 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, W McGill. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE” · page 24. As printed: 6,270,195. View filing ↗
- Section 01, Kyle Langbehn. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE” · page 24. As printed: 2,519,145. View filing ↗
- Section 01, Michael McLamb. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE” · page 24. As printed: 1,922,228. View filing ↗
- Section 01, Charles Cashman. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE” · page 24. As printed: 1,842,069. View filing ↗
- Section 01, Shawn Berg. DEF 14A, filed 2026-01-21. Section “SUMMARY COMPENSATION TABLE” · page 24. As printed: 1,085,213. View filing ↗
- Section 03, Shawn Berg PSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Shawn Berg RSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Charles Cashman PSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Charles Cashman RSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Kyle Langbehn PSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Kyle Langbehn RSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, W McGill PSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, W McGill RSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael McLamb PSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael McLamb RSU. DEF 14A, filed 2026-01-21. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-01-21. Section “CEO Pay Ratio”. As printed: 95 : 1. View filing ↗
- Section 08, Rebecca White. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 385,009. View filing ↗
- Section 08, Bonnie Biumi. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 243,009. View filing ↗
- Section 08, George E. Borst. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 240,009. View filing ↗
- Section 08, Clint Moore. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 237,509. View filing ↗
- Section 08, Evelyn V. Follit. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 225,509. View filing ↗
- Section 08, Mercedes Romero. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 223,009. View filing ↗
- Section 08, Adam M. Johnson. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 220,009. View filing ↗
- Section 08, Daniel Schiappa. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 85,552. View filing ↗
- Section 08, Odilon Almeida. DEF 14A, filed 2026-01-21. Section “Director Compensation”. As printed: 85,552. 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 835,250 + equity 980,063 + all other 0 = 1,815,313, summed across the director compensation table rows.
- Brunswick Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Brunswick Corporation's own proxy. As printed: 13,020,607. View filing ↗
- Polaris, Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Polaris's own proxy. As printed: 11,144,637. View filing ↗
- LCI Industries, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in LCI Industries's own proxy. As printed: 10,093,861. View filing ↗
- M/I Homes, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in M/I Homes, Inc.'s own proxy. As printed: 9,914,773. View filing ↗
- Winnebago Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-11-03. CEO total compensation as printed in Winnebago Industries, Inc.'s own proxy. As printed: 8,661,661. View filing ↗
- Cavco Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-06-16. CEO total compensation as printed in Cavco Industries, Inc.'s own proxy. As printed: 7,958,712. View filing ↗
- H&E Equipment Services, Inc., Section 10b CEO total. DEF 14A, filed 2024-04-02. CEO total compensation as printed in H&E Equipment Services, Inc.'s own proxy. As printed: 6,295,836. View filing ↗
- Marinemax Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-01-21. CEO total compensation as printed in Marinemax Inc's own proxy. As printed: 6,270,195. View filing ↗
- Kforce Inc., Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Kforce Inc.'s own proxy. As printed: 5,415,821. View filing ↗
- Malibu Boats, Inc., Section 10b CEO total. DEF 14A, filed 2026-09-21. CEO total compensation as printed in Malibu Boats, Inc.'s own proxy. As printed: 4,557,820. View filing ↗
- OneWater Marine, Section 10b CEO total. DEF 14A, filed 2026-01-09. CEO total compensation as printed in OneWater Marine's own proxy. As printed: 4,545,986. View filing ↗
- Vail Resorts, Inc., Section 10b CEO total. DEFR 14A, filed 2026-11-02. CEO total compensation as printed in Vail Resorts, Inc.'s own proxy. As printed: 4,255,493. View filing ↗