CEO Efraim Grinberg was paid $5,228,254 in fiscal year 2026, ↑ up 0.9% from fiscal year 2025 (SEC filing 0001140361-26-019208 ↗): 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.
$5,228,254 ↑ Efraim Grinberg total, FY2026 | — CEO pay percentile vs peers | 162:1 CEO-to-median pay ratio | 99.28% Say-on-pay support, latest vote |
Track this company's pay every filing: join the Pro seat waitlist
Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year
Ask our research desk — $99, 24h, every figure cited to its filing.
MOV's next annual pay disclosure, estimated May 6, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Efraim Grinberg | $1,300,001 | $1,755,000 | $1,949,998 | — | — | $0 | $223,255 | $5,228,254 |
| Chair and Chief Executive Officer | ||||||||
| Sallie DeMarsilis | 672,751 | 454,106 | 504,559 | — | — | 0 | 104,475 | 1,735,892 |
| EVP, Chief Financial Officer | ||||||||
| Behzad Soltani | 621,001 | 419,175 | 465,752 | — | — | 0 | 49,260 | 1,555,188 |
| EVP, Chief Operating Officer | ||||||||
| Michelle Kennedy | 473,419 | 213,779 | 237,530 | — | — | 0 | 65,956 | 990,684 |
| SVP, Chief Human Resources Officer | ||||||||
| Mitchell Sussis | 473,419 | 213,779 | 237,530 | — | — | 0 | 35,556 | 960,284 |
| SVP, General Counsel and Secretary | ||||||||
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.
| Named executive officer | FY2026 total | FY2025 total | FY2024 total | Δ FY2025→2026 |
|---|---|---|---|---|
| Efraim Grinberg | $5,228,254 | $5,180,710 | $5,091,430 | ↑ +47,544 |
| Sallie DeMarsilis | 1,735,892 | 1,303,406 | 1,239,714 | ↑ +432,486 |
| Behzad Soltani | 1,555,188 | 1,155,326 | 1,121,978 | ↑ +399,862 |
| Michelle Kennedy | 990,684 | 741,683 | 1,096,647 | ↑ +249,001 |
| Mitchell Sussis | 960,284 | 748,537 | 702,310 | ↑ +211,747 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
You have just read Movado Group's Summary Compensation Table. The whole free brief as a PDF, sent in 2 minutes, with every figure cited — then a few short notes on the deeper MOV reports.
We send the PDF within 2 minutes, then up to three short notes. Reply “unsubscribe” to any of them, any time.
How we handle your data → Privacy
Each company listed discloses MOV 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 MOV in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2026 total |
|---|---|---|
| Alan H. Howard | Lead Independent Director | $372,674 |
| Alex Grinberg | Director | — |
| Ann Kirschner | Independent Director | $243,425 |
| Maya Peterson | Independent Director | $225,769 |
| Peter A. Bridgman | Independent Director | $250,000 |
| Richard Isserman | Independent Director | $227,920 |
| Stephen Sadove | Independent Director | $238,785 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Behzad Soltani | RSU | 2025-04-21 | — | — | 34,577 | — | $465,752 |
| Michelle Kennedy | RSU | 2025-04-21 | — | — | 17,634 | — | 237,530 |
| Mitchell Sussis | RSU | 2025-04-21 | — | — | 17,634 | — | 237,530 |
| Sallie DeMarsilis | RSU | 2025-04-21 | — | — | 37,458 | — | 504,559 |
| Efraim Grinberg | RSU | 2025-04-21 | — | — | 144,766 | — | 1,949,998 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Behzad Soltani | $465,752 | $0 | $0 | 0.0% |
| Michelle Kennedy | 237,530 | 0 | 0 | 0.0% |
| Mitchell Sussis | 237,530 | 0 | 0 | 0.0% |
| Sallie DeMarsilis | 504,559 | 0 | 0 | 0.0% |
| Efraim Grinberg | 1,949,998 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Sallie DeMarsilis | Option | 10,534 | 27.74 | — |
| Grinberg | RSU | 215,717 | — | 4,918,348 |
| Sallie DeMarsilis | RSU | 55,060 | — | 1,255,368 |
| Behzad Soltani | RSU | 50,824 | — | 1,158,787 |
| Michelle Kennedy | RSU | 27,797 | — | 633,772 |
| Mitchell Sussis | RSU | 25,758 | — | 587,282 |
| Grinberg | Option | 200,000 | 16.87 | — |
| Grinberg | Option | 91,820 | 27.62 | — |
| Grinberg | Option | 63,302 | 38.04 | — |
| Sallie DeMarsilis | Option | 13,660 | 23.35 | — |
| Sallie DeMarsilis | Option | 55,160 | 12.42 | — |
| Sallie DeMarsilis | Option | 23,000 | 16.87 | — |
| Sallie DeMarsilis | Option | 18,215 | 27.62 | — |
| Sallie DeMarsilis | Option | 16,458 | 38.04 | — |
| Behzad Soltani | Option | 100,000 | 12.42 | — |
| Behzad Soltani | Option | 16,000 | 16.87 | — |
| Behzad Soltani | Option | 15,130 | 27.62 | — |
| Behzad Soltani | Option | 15,192 | 38.04 | — |
| Mitchell Sussis | Option | 3,171 | 27.74 | — |
| Mitchell Sussis | Option | 7,980 | 23.35 | — |
| Mitchell Sussis | Option | 10,000 | 16.87 | — |
| Mitchell Sussis | Option | 7,875 | 27.62 | — |
| Mitchell Sussis | Option | 5,672 | 38.04 | — |
The Company's compensation philosophy is guided by core principles of paying for performance, driving sustainable growth, recognizing individuals and teams, aligning with shareholders, and using appropriate judgment. A significant portion of executive pay is at-risk and contingent on performance aligned with company strategies, with a large portion comprised of equity-based awards to align interests with shareholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-17 | 73,196,126 | 530,635 | 20,460 | 99.28% | Passed |
| 2025 | 2025-06-18 | 72,422,202 | 2,002,346 | 30,157 | 97.31% | Passed |
| 2024 | 2024-06-20 | 75,278,580 | 782,558 | 35,168 | 98.97% | Passed |
| 2023 | 2023-06-23 | 77,288,023 | 665,533 | 14,548 | 99.15% | Passed |
| 2022 | 2022-06-23 | 67,309,043 | 10,766,512 | 59,036 | 86.21% | Passed |
| 2021 | 2021-06-24 | 65,965,683 | 11,578,088 | 37,074 | 85.07% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-17 | 99.28%a |
| 2025 | 2025-06-18 | 97.31%b |
| 2024 | 2024-06-20 | 98.97%c |
a. Approved under the standard stated in the filing — “With respect to the aforementioned proposals, abstentions will not be counted as votes cast in accordance with New York law.”.
b. Approved under the standard stated in the filing — “With respect to the aforementioned proposals, abstentions will not be counted as votes cast in accordance with New York law.”.
c. Approved under the standard stated in the filing — “With respect to the aforementioned proposals, abstentions will not be counted as votes cast in accordance with New York law.”.
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.
| Ratio (CEO : median employee) | 162 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $32,312 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Alan H. HowardIndependent · Lead Independent Director · Audit · Compensation and Human Capital (Chair) | $172,500 | $200,000 | $0 | — | $174 | $372,674 |
| Peter A. BridgmanIndependent · Audit (Chair) | 125,000 | 125,000 | 0 | — | 0 | 250,000 |
| Ann KirschnerIndependent · Nominating, Governance and Corporate Responsibility (Chair) | 117,500 | 125,000 | 0 | — | 925 | 243,425 |
| Stephen SadoveIndependent · Audit | 112,500 | 125,000 | 0 | — | 1,285 | 238,785 |
| Richard IssermanIndependent · Audit | 102,500 | 125,000 | 0 | — | 420 | 227,920 |
| Maya PetersonIndependent | 100,000 | 125,000 | 0 | — | 769 | 225,769 |
| Alex GrinbergEmployee director | — | — | — | — | — | 0 |
| Efraim GrinbergEmployee director · Board Chair | — | — | — | — | — | 0 |
| Annual cash retainer | $95,000 |
|---|---|
| Annual equity retainer | $125,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 17,500 |
| Stock ownership guideline | $250,000 |
| Component | FY2026 |
|---|---|
| Cash retainers and fees | $730,000 |
| Equity awards (grant-date value) | $825,000 |
| All other compensation | $3,573 |
| Total cost of the board | $1,558,573 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Movado Group | 2026 | Efraim Grinberg | $1,300,001 | $1,949,998 | — | — | $5,228,254 |
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.
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Efraim Grinberg | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Summary Compensation Table for Fiscal 2026” · page 29. As printed: 5,228,254. Filing ↗machine: r3 · c25 · span 414416–414425 |
| 2 | Section 01, Sallie DeMarsilis | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Summary Compensation Table for Fiscal 2026” · page 29. As printed: 1,735,892. Filing ↗machine: r6 · c25 · span 427942–427951 |
| 3 | Section 01, Behzad Soltani | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Summary Compensation Table for Fiscal 2026” · page 29. As printed: 1,555,188. Filing ↗machine: r9 · c25 · span 441047–441056 |
| 4 | Section 01, Michelle Kennedy | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Summary Compensation Table for Fiscal 2026” · page 29. As printed: 990,684. Filing ↗machine: r15 · c25 · span 468452–468459 |
| 5 | Section 01, Mitchell Sussis | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Summary Compensation Table for Fiscal 2026” · page 29. As printed: 960,284. Filing ↗machine: r12 · c25 · span 455156–455163 |
| 6 | Section 03, Behzad Soltani RSU | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Grants of Plan-Based Awards in Fiscal 2026” · grants of plan-based awards table. Filing ↗machine: span 517073–517080 |
| 7 | Section 03, Michelle Kennedy RSU | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Grants of Plan-Based Awards in Fiscal 2026” · grants of plan-based awards table. Filing ↗machine: span 523973–523980 |
| 8 | Section 03, Mitchell Sussis RSU | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Grants of Plan-Based Awards in Fiscal 2026” · grants of plan-based awards table. Filing ↗machine: span 520350–520357 |
| 9 | Section 03, Sallie DeMarsilis RSU | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Grants of Plan-Based Awards in Fiscal 2026” · grants of plan-based awards table. Filing ↗machine: span 513284–513291 |
| 10 | Section 03, Efraim Grinberg RSU | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Grants of Plan-Based Awards in Fiscal 2026” · grants of plan-based awards table. Filing ↗machine: span 510010–510019 |
| 11 | Section 07, pay ratio | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “CEO Pay Ratio”. As printed: 162 : 1. Filing ↗ |
| 12 | Section 08, Alan H. Howard | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Director Compensation”. As printed: 372,674. Filing ↗machine: span 980904–981062 |
| 13 | Section 08, Peter A. Bridgman | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Director Compensation”. As printed: 250,000. Filing ↗machine: span 978130–978288 |
| 14 | Section 08, Ann Kirschner | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Director Compensation”. As printed: 243,425. Filing ↗machine: span 986928–987086 |
| 15 | Section 08, Stephen Sadove | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Director Compensation”. As printed: 238,785. Filing ↗machine: span 992765–992922 |
| 16 | Section 08, Richard Isserman | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Director Compensation”. As printed: 227,920. Filing ↗machine: span 984112–984270 |
| 17 | Section 08, Maya Peterson | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Director Compensation”. As printed: 225,769. Filing ↗machine: span 990133–990291 |
| 18 | Section 08, Alex Grinberg | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 19 | Section 08, Efraim Grinberg | DEF 14A | 2026-05-06 | 0001140361-26-019208 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 20 | Section 06, 2026 vote | Form 8-K | 2026-06-22 | 0000950142-26-001830 | Item 5.07 · say-on-pay result. As reported: 99.28% (votes for as printed: 73,196,126). Filing ↗ |
| 21 | Section 06, 2025 vote | Form 8-K | 2025-06-23 | 0000950142-25-001659 | Item 5.07 · say-on-pay result. As reported: 97.31% (votes for as printed: 72,422,202). Filing ↗ |
| 22 | Section 06, 2024 vote | Form 8-K | 2024-06-25 | 0000950142-24-001691 | Item 5.07 · say-on-pay result. As reported: 98.97% (votes for as printed: 75,278,580). Filing ↗ |
| 23 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 24 | 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).machine: formula: sums + PSU ratio |
| 25 | Section 09b board cost (computed) | Computed | — | — | Cash 730,000 + equity 825,000 + all other 3,573 = 1,558,573, summed across the director compensation table rows.machine: formula: Σ = 1,558,573 |
| 26 | Movado Group (subject), Section 10b CEO total | DEF 14A | 2026-05-06 | 0001140361-26-019208 | CEO total compensation as printed in Movado Group's own proxy. As printed: 5,228,254. Filing ↗machine: r3 · c25 · span 414416–414425 |