Companies Malibu Boats
Malibu Boats (MBUU): executive pay, fiscal 2026
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CEO vs. named peers56th pct.Of 17 peer CEOs
CEO pay, last three years
- $4,206,701FY2025
- $4,557,820FY2026
CEO total pay was $4,557,820 in fiscal 2026, up from $4,206,701 in fiscal 2025.
FY2026: salary $920,000 · bonus $0 · stock awards $2,610,914 · option awards $0
Executives and directors
Bruce Beckman · CFORitchie Anderson · PresidentMichael Hooks · ExecutiveSteven Menneto · CEOIvar S. Chhina · Independent DirectorJames R. Buch · Independent DirectorJoan M. Lewis · Former director (through FY2025)John E. Stokely · Independent DirectorMark W. Lanigan · Lead Independent DirectorMelanie K. Cook · Independent DirectorMichael J. Connolly · Independent DirectorNancy M. Taylor · Independent DirectorPeter E. Murphy · Independent Director
Frequently asked questions
Who was the highest-paid executive at Malibu Boats in fiscal 2026?
As disclosed, Steven Menneto (President and Chief Executive Officer) was the highest-paid executive at Malibu Boats in fiscal 2026, with total compensation of $4,557,820.
How does Malibu Boats's chief executive pay compare to its disclosed peer group?
As disclosed, Steven Menneto's total compensation ranked at the 56th percentile of Malibu Boats's disclosed peer group.
How did shareholders vote on Malibu Boats's executive compensation?
As disclosed, 94.44% of shareholders supported Malibu Boats's executive compensation in the latest say-on-pay vote.
How much does Malibu Boats spend in total on board compensation for fiscal 2026?
As disclosed, Malibu Boats reported total board compensation of $1,546,840 for fiscal 2026.
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 |
|---|---|---|---|---|---|---|---|---|
| Steven Menneto | $920,000 | $0 | $2,610,914 | $0 | $1,012,000 | $0 | $14,906 | $4,557,820 |
| President and Chief Executive Officer | ||||||||
| David Black | 363,761 | 0 | 299,976 | 0 | 300,000 | 0 | 10,383 | 974,120 |
| Chief Financial Officer | ||||||||
| Bruce Beckman | 182,231 | 0 | 0 | 0 | 0 | 0 | 338,365 | 520,596 |
| 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 officer | FY2026 total | FY2025 total | FY2024 total | Δ FY2025→2026 |
|---|---|---|---|---|
| Steven Menneto | $4,557,820 | $4,206,701 | — | ↑ +351,119 |
| David Black | 974,120 | 416,886 | 842,670 | ↑ +557,234 |
| Bruce Beckman | 520,596 | 1,133,694 | 1,142,266 | ↓ −613,098 |
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 program for executives is intended to: incentivize our executive officers to create long-term stockholder value; align the interests of our executive officers with the interests of our stockholders; attract and retain quality executive officers; motivate and reward high performance levels; and inspire teamwork and collaboration among the executives.
| CEO STI target (% of salary) | 110% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Exequity |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2026
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Steven Menneto | RSU | 5,670 | — | $155,528 |
| Steven Menneto | PSU | 8,505 | — | 233,292 |
| Steven Menneto | PSU | 11,338 | — | 311,001 |
| Steven Menneto | RSU | 29,376 | — | 805,784 |
| Steven Menneto | RSU | 33,287 | — | 913,062 |
| Steven Menneto | PSU | 37,447 | — | 1,027,171 |
| Steven Menneto | RSU | 49,930 | — | 1,369,580 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Michael K. HooksIndependent · Board Chair · Nominating and Governance | $107,000 | $109,981 | — | — | — | $216,981 |
| Ivar S. ChhinaIndependent · Audit (Chair) · Nominating and Governance · Newly elected | 87,000 | 109,981 | — | — | — | 196,981 |
| Mark W. LaniganIndependent · Compensation (Chair) · Nominating and Governance · Newly elected | 82,000 | 109,981 | — | — | — | 191,981 |
| Michael J. ConnollyIndependent · Compensation · Nominating and Governance (Chair) · Not standing for re-election | 80,000 | 109,981 | — | — | — | 189,981 |
| Melanie K. CookIndependent · Audit · Compensation · Nominating and Governance | 72,110 | 109,981 | — | — | — | 182,091 |
| Nancy M. TaylorIndependent · Audit · Nominating and Governance | 72,000 | 109,981 | — | — | — | 181,981 |
| Peter E. MurphyIndependent · Compensation · Nominating and Governance | 72,000 | 109,981 | — | — | — | 181,981 |
| James R. BuchIndependent · Audit · Nominating and Governance | 72,000 | 109,981 | — | — | — | 181,981 |
| John E. StokelyIndependent · Not standing for re-election | 22,882 | 0 | — | — | — | 22,882 |
Board fee structure and ownership guideline
| Annual cash retainer | $65,000 |
|---|---|
| Annual equity retainer | $110,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2026 |
|---|---|
| Cash retainers and fees | $666,992 |
| Equity awards (grant-date value) | $879,848 |
| All other compensation | $0 |
| Total cost of the board | $1,546,840 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Malibu Boats as a peer
Companies that benchmark against MBUU
6 companies name MBUU as a compensation peer
- FOX FACTORY HOLDING CORPFOXFFY2025
- JOHNSON OUTDOORS INCJOUTFY2025
- MARINEMAX INCHZOFY2025
- MasterCraft Boat Holdings, Inc.MCFTFY2025
- OneWater Marine Inc.ONEWFY2024
- SMITH & WESSON BRANDS, INC.SWBIFY2026
Each company listed discloses MBUU 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 MBUU 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 2026
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
MPX Marine Products CorporationSWBI Smith & Wesson BrandsUEIC Universal Electronics Inc. Marine Max, Inc.MCFT MasterCraft Boat Holdings, Inc.SWIM Latham Group, Inc.HLIO Helios TechnologiesYETI YETI Holdings, Inc.JOUT Johnson Outdoors Inc.WGO Winnebago Industries, Inc.FOXF Fox Factory Holding Corp.MPAA Motorcar Parts of America, Inc.GOLF Acushnet Holdings Corp.DORM Dorman Products, Inc.RGR Sturm, Ruger & Company, Inc.LCUT Lifetime Brands, Inc.ONEW OneWater Marine Inc.
Peer reciprocity
The companies Malibu Boats names as compensation peers that name it back in their own disclosed peer groups.
Smith & Wesson Brands (SWBI)35MasterCraft Boat Holdings, Inc. (MCFT)36Johnson Outdoors Inc. (JOUT)37Fox Factory Holding Corp. (FOXF)38OneWater Marine Inc. (ONEW)39
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 | Acushnet Holdings Corp. | 2025 | David Maher | $1,170,000 | $6,500,072 | $0 | $1,501,227 | $10,635,556 |
| 2 | Winnebago Industries, Inc. | 2026 | Michael Happe | 1,185,000 | 5,185,003 | 914,997 | 1,335,750 | 8,661,661 |
| 3 | Fox Factory Holding Corp. | 2025 | Michael Dennison | 1,029,192 | 6,687,528 | 0 | 0 | 8,234,801 |
| 4 | Yeti Holdings, Inc. | 2025 | Matthew Reintjes | 1,057,308 | 5,500,187 | 0 | 1,126,033 | 7,697,528 |
| 5 | Dorman Products, Inc. | 2025 | Kevin Olsen | 970,192 | 4,206,024 | 0 | 1,522,950 | 6,745,783 |
| 6 | Motorcar Parts of America, Inc. | 2026 | Selwyn Joffe | 831,588 | 3,140,529 | 0 | 782,496 | 4,840,825 |
| 7 | Smith & Wesson Brands | 2026 | Mark Smith | 850,000 | 2,574,305 | 0 | 1,035,549 | 4,671,940 |
| 8 | Malibu Boats | 2026 | Steven Menneto | 920,000 | 2,610,914 | 0 | 1,012,000 | 4,557,820 |
| 9 | OneWater Marine Inc. | 2025 | Anthony Aisquith | 800,000 | 2,520,040 | 0 | 1,180,000 | 4,545,986 |
| 10 | Sturm, Ruger & Company, Inc. | 2025 | Todd Seyfert | 625,000 | 3,099,795 | 0 | 15,948 | 4,270,103 |
| 11 | Helios Technologies | 2025 | Sean Bagan | 713,461 | 692,972 | 705,015 | 987,000 | 3,383,351 |
| 12 | Lifetime Brands, Inc. | 2025 | Robert Kay | 962,500 | 2,021,076 | 0 | 0 | 3,038,451 |
| 13 | Johnson Outdoors Inc. | 2025 | Helen Johnson-Leipold | 924,419 | 1,150,000 | 0 | 458,315 | 2,767,128 |
| 14 | MasterCraft Boat Holdings, Inc. | 2025 | Bradley Nelson | 645,000 | 1,225,522 | 0 | 709,500 | 2,701,502 |
| 15 | Marine Products Corporation | 2025 | Ben Palmer | 463,500 | 1,046,259 | 0 | 361,656 | 1,871,415 |
| 16 | Latham Group, Inc. | 2025 | Scott Rajeski | 500,000 | 896,503 | 0 | 438,000 | 1,844,715 |
| 17 | Universal Electronics Inc. | 2025 | Richard Carnifax | 394,125 | 630,851 | 231,000 | 0 | 1,261,190 |
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 |
|---|---|---|---|---|
| Malibu Boats | 100% | PSU 60 · RSU 40 | Yes — Relative TSR | Exequity |
| Acushnet Holdings Corp. | not disclosed | PSU 60 · RSU 40 | not disclosed | Pearl Meyer |
| Dorman Products, Inc. | 142% | RSU 50 · PRSU 50 | No | Meridian Compensation Partners, LLC |
| Fox Factory Holding Corp. | not disclosed | RSU 50 · PSU 50 | not disclosed | Pay Governance |
| Helios Technologies | 140% | RSU 50 · Options 50 | No | Mercer |
| Johnson Outdoors Inc. | not disclosed | PRSU 100 | not disclosed | Pearl Meyer |
| Latham Group, Inc. | not disclosed | not disclosed | not disclosed | Pearl Meyer |
| Lifetime Brands, Inc. | not disclosed | RSU 50 · PSU 50 | not disclosed | Pearl Meyer & Partners, LLC |
| Marine Products Corporation | not disclosed | RSA 75 · PSU 25 | not disclosed | Mercer, LLC |
| MasterCraft Boat Holdings, Inc. | not disclosed | RSA 50 · PSU 50 | not disclosed | WTW |
| Motorcar Parts of America, Inc. | not disclosed | RSU 50 · PSU 50 | not disclosed | Willis Towers Watson |
| OneWater Marine Inc. | not disclosed | not disclosed | not disclosed | Aon |
| Smith & Wesson Brands | 121.8% | RSU 50 · PSU 50 | Yes — rTSR (relative Total Stockholder Return vs Russell 2000 Index) | Compensia, Inc. |
| Sturm, Ruger & Company, Inc. | not disclosed | PRSU 50 · RSU 50 | No | not disclosed |
| Universal Electronics Inc. | not disclosed | PSU 75 · Options 25 | No | Pay Governance LLC |
| Winnebago Industries, Inc. | not disclosed | PSU 50 · RSU 35 · Option 15 | not disclosed | Semler Brossy |
| Yeti Holdings, Inc. | 71.0% | PBRSU 75 · RSU 25 | Yes — Relative Total Stockholder Return (TSR) | FW Cook |
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 | 2026-11-03 | 15,031,975 | 885,778 | 55,515 | 94.44% | Passed |
| 2025 | 2025-10-24 | 16,795,645 | 460,594 | 6,410 | 97.33% | Passed |
| 2024 | 2024-10-23 | 17,085,646 | 378,311 | 22,321 | 97.83% | Passed |
| 2023 | 2023-10-26 | 18,031,092 | 266,018 | 20,861 | 98.55% | Passed |
| 2022 | 2022-11-03 | 17,702,645 | 97,556 | 13,385 | 99.45% | Passed |
| 2021 | 2021-11-03 | 17,985,812 | 167,905 | 13,747 | 99.08% | 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 | 2026-11-03 | 94.44%a |
| 2025 | 2025-10-24 | 97.33%b |
| 2024 | 2024-10-23 | 97.83%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. 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 (39 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, Steven Menneto. DEF 14A, filed 2026-09-21. Section “Summary Compensation Table” · page 37. As printed: 4,557,820. View filing ↗
- Section 01, David Black. DEF 14A, filed 2026-09-21. Section “Summary Compensation Table” · page 37. As printed: 974,120. View filing ↗
- Section 01, Bruce Beckman. DEF 14A, filed 2026-09-21. Section “Summary Compensation Table” · page 37. As printed: 520,596. View filing ↗
- Section 08, Michael K. Hooks. DEF 14A, filed 2026-09-21. Section “Director Compensation”. As printed: 216,981. View filing ↗
- Section 08, Ivar S. Chhina. DEF 14A, filed 2026-09-21. Section “Director Compensation”. As printed: 196,981. View filing ↗
- Section 08, Mark W. Lanigan. DEF 14A, filed 2026-09-21. Section “Director Compensation”. As printed: 191,981. View filing ↗
- Section 08, Michael J. Connolly. DEF 14A, filed 2026-09-21. Section “Director Compensation”. As printed: 189,981. View filing ↗
- Section 08, Melanie K. Cook. DEF 14A, filed 2026-09-21. Section “Director Compensation”. As printed: 182,091. View filing ↗
- Section 08, Nancy M. Taylor. DEF 14A, filed 2026-09-21. Section “Director Compensation”. As printed: 181,981. View filing ↗
- Section 08, Peter E. Murphy. DEF 14A, filed 2026-09-21. Section “Director Compensation”. As printed: 181,981. View filing ↗
- Section 08, James R. Buch. DEF 14A, filed 2026-09-21. Section “Director Compensation”. As printed: 181,981. View filing ↗
- Section 08, John E. Stokely. DEF 14A, filed 2026-09-21. Section “Director Compensation”. As printed: 22,882. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-11-04. Item 5.07 · say-on-pay result. As reported: 94.44% (votes for as printed: 15,031,975). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-10-27. Item 5.07 · say-on-pay result. As reported: 97.33% (votes for as printed: 16,795,645). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-10-28. Item 5.07 · say-on-pay result. As reported: 97.83% (votes for as printed: 17,085,646). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 666,992 + equity 879,848 + all other 0 = 1,546,840, summed across the director compensation table rows.
- Acushnet Holdings Corp., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Acushnet Holdings Corp.'s own proxy. As printed: 10,635,556. 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 ↗
- Fox Factory Holding Corp., Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Fox Factory Holding Corp.'s own proxy. As printed: 8,234,801. View filing ↗
- Yeti Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Yeti Holdings, Inc.'s own proxy. As printed: 7,697,528. View filing ↗
- Dorman Products, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-06. CEO total compensation as printed in Dorman Products, Inc.'s own proxy. As printed: 6,745,783. View filing ↗
- Motorcar Parts of America, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-29. CEO total compensation as printed in Motorcar Parts of America, Inc.'s own proxy. As printed: 4,840,825. View filing ↗
- Smith & Wesson Brands, Section 10b CEO total. DEF 14A, filed 2026-08-06. CEO total compensation as printed in Smith & Wesson Brands's own proxy. As printed: 4,671,940. View filing ↗
- Malibu Boats (subject), Section 10b CEO total. DEF 14A, filed 2026-09-21. CEO total compensation as printed in Malibu Boats's own proxy. As printed: 4,557,820. View filing ↗
- OneWater Marine Inc., Section 10b CEO total. DEF 14A, filed 2026-01-09. CEO total compensation as printed in OneWater Marine Inc.'s own proxy. As printed: 4,545,986. View filing ↗
- Sturm, Ruger & Company, Inc., Section 10b CEO total. DEFR 14A, filed 2026-05-04. CEO total compensation as printed in Sturm, Ruger & Company, Inc.'s own proxy. As printed: 4,270,103. View filing ↗
- Helios Technologies, Section 10b CEO total. DEF 14A, filed 2026-05-04. CEO total compensation as printed in Helios Technologies's own proxy. As printed: 3,383,351. View filing ↗
- Lifetime Brands, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Lifetime Brands, Inc.'s own proxy. As printed: 3,038,451. View filing ↗
- Johnson Outdoors Inc., Section 10b CEO total. DEF 14A, filed 2026-01-09. CEO total compensation as printed in Johnson Outdoors Inc.'s own proxy. As printed: 2,767,128. View filing ↗
- MasterCraft Boat Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2025-09-15. CEO total compensation as printed in MasterCraft Boat Holdings, Inc.'s own proxy. As printed: 2,701,502. View filing ↗
- Marine Products Corporation, Section 10b CEO total. 10-K/A, filed 2026-04-29. CEO total compensation as printed in Marine Products Corporation's own proxy. As printed: 1,871,415. View filing ↗
- Latham Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Latham Group, Inc.'s own proxy. As printed: 1,844,715. View filing ↗
- Universal Electronics Inc., Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Universal Electronics Inc.'s own proxy. As printed: 1,261,190. View filing ↗
- Section 10a, Smith & Wesson Brands reciprocity. DEF 14A. Smith & Wesson Brands names Malibu Boats in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, MasterCraft Boat Holdings, Inc. reciprocity. DEF 14A. MasterCraft Boat Holdings, Inc. names Malibu Boats in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Johnson Outdoors Inc. reciprocity. DEF 14A. Johnson Outdoors Inc. names Malibu Boats in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Fox Factory Holding Corp. reciprocity. DEF 14A. Fox Factory Holding Corp. names Malibu Boats in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, OneWater Marine Inc. reciprocity. DEF 14A. OneWater Marine Inc. names Malibu Boats in its own disclosed peer group (read from its most recent proxy). View filing ↗