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Companies TIC Solutions

TIC Solutions (TIC): executive pay, fiscal 2025

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CEO total pay$986,249CEO Benjamin Heraud · source
CEO vs. named peers1st pct.Of 20 peer CEOs
CEO pay ratio52:1To the median employee · source

CEO pay, last three years

  • $986,249FY2025

CEO total pay was $986,249 in fiscal 2025; the brief holds no earlier figure for this CEO.

FY2025: salary $232,692 · bonus $0 · stock awards $750,005 · option awards $0

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
Talman Pizzey$708,697$0$2,021,800$0$0$0$11,185$2,741,682
Former Chief Executive Officer
Kristin Schultes453,84601,441,500000499,5252,394,871
Chief Financial Officer
Fiona Sutherland254,91472,540551,400000570,2041,449,058
Former General Counsel
Benjamin Heraud232,6920750,0050003,552986,249
Chief Executive Officer
Richard Tong181,923300,0000000435,884917,807
Former General Counsel
Greg Conaway129,10100000172,719301,820
Former Chief Accounting Officer
MaryJo O'Brien139,615000001,099140,714
Chief Human Resources 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
Talman Pizzey$2,741,682———
Kristin Schultes2,394,871———
Fiona Sutherland1,449,058———
Benjamin Heraud986,249———
Richard Tong917,807———
Greg Conaway301,820———
MaryJo O'Brien140,714———

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's compensation policies are designed to attract and retain key employees, motivate executives to achieve short- and long-term goals, and create sustainable improvements in stockholder value by appropriately rewarding performance and aligning interests with stockholders.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantMercer and Aon
Clawback policytrue
Anti-hedgingtrue
Anti-pledging—
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kristin SchultesPSU2025-04-1130,00060,000——$551,400
Benjamin HeraudRSU2025-08-04——35,715—375,008
Fiona SutherlandRSU2025-04-11——20,000—183,800
Fiona SutherlandPSU2025-04-1120,00040,000——367,600
Talman PizzeyPSU2025-04-1173,333146,667——1,347,870
Kristin SchultesRSU2025-04-11——30,000—275,700
Benjamin HeraudPSU2025-08-0417,85735,714——374,997
Kristin SchultesPSU2025-08-2130,00060,000——614,400

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Kristin Schultes$275,700$1,165,800$080.9%
Benjamin Heraud375,008374,997050.0%
Fiona Sutherland183,800367,600066.7%
Talman Pizzey01,347,8700100.0%

% 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
Kristin SchultesPSU15,000—$151,650
Benjamin HeraudPSU17,857—180,534
Kristin SchultesRSU20,000—202,200
Kristin SchultesRSU30,000—303,300
Kristin SchultesPSU30,000—303,300
Benjamin HeraudRSU35,715—361,079
Talman PizzeyPSU55,000—556,050
Talman PizzeyRSU73,333—741,397
Talman PizzeyPSU73,334—741,407
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Rory CullinanIndependent · Lead Independent Director · Audit Committee (Chair)$77,500$100,000$0—$0$177,500
James E. LillieIndependent · Compensation Committee · Nominating and Corporate Governance Committee (Chair)60,000100,0000—0160,000
Peter A. HochfelderIndependent · Audit Committee · Compensation Committee (Chair)60,000100,0000—0160,000
Antoinette C. BushIndependent · Compensation Committee · Nominating and Corporate Governance Committee55,000100,0000—0155,000
Elizabeth Meloy HepdingIndependent · Audit Committee · Nominating and Corporate Governance Committee55,000100,0000—0155,000
Dickerson WrightIndependent · Newly elected20,548100,0000—0120,548
Byron RothIndependent · Newly elected20,548100,0000—0120,548
Robert A. E. FranklinEmployee director · Board Chair00———0
Talman PizzeyEmployee director—————0
Benjamin HeraudEmployee director—————0

Total cost of the board

ComponentFY2025
Cash retainers and fees$348,596
Equity awards (grant-date value)$700,000
All other compensation$0
Total cost of the board$1,048,596

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

Peer group, and who names TIC Solutions as a peer

Companies that benchmark against TIC

1 company names TIC as a compensation peer

Each company listed discloses TIC 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 TIC 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.

Peer reciprocity

Of the companies TIC Solutions 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 TIC Solutions.

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
1Jacobs Solutions2025Robert Pragada$1,350,000$10,970,071$0$1,676,595$14,038,363
2APi Group Corporation2025Russell Becker1,425,0006,412,52102,527,59410,450,517
3Archrock2025D. Bradley Childers944,2316,037,304—1,985,3639,037,610
4Oceaneering International2025Roderick Larson910,0002,027,79604,282,4257,735,670
5Enpro2025Eric Vaillancourt934,6163,678,2311,390,7161,341,9497,457,747
6Expro Group Holdings N.V.2024Michael Jardon1,000,0005,246,0720690,6256,962,497
7Matrix Service Company2026John Hewitt800,0003,981,4430291,4786,741,465
8Enerpac Tool Group2025Paul Sternlieb929,4234,520,6340951,3326,548,272
9MYR Group2025Richard Swartz941,4613,837,84601,572,5146,387,221
10Forum Energy Technologies2025Neal Lux717,7694,232,10501,196,4636,163,337
11Columbus McKinnon2026David Wilson925,0003,111,978925,000925,0005,971,066
12DMC Global2025James O’Leary654,2313,699,99201,233,3045,615,614
13ESCO Technologies2025Bryan Sayler830,5003,052,88601,661,0005,586,139
14Oil States International2025Cindy Taylor925,0002,400,00301,654,2445,079,386
15Helix Energy Solutions Group2025Owen Kratz800,0003,838,5190420,0005,067,269
16DXP Enterprises2025David Little808,5001,856,22301,617,0004,594,369
17Mistras Group2025Natalia Shuman850,0001,971,413190,482510,0003,610,368
18NV5 Global*2023Dickerson Wright749,0141,663,424002,447,385
19Team2025Keith Tucker750,00000495,1191,265,655
20TIC Solutions2025Benjamin Heraud232,692750,00500986,249

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
TIC Solutionsnot disclosednot disclosednot disclosedMercer and Aon
APi Group Corporation141.9%PSU 60 · RSU 40NoWTW
Archrocknot disclosedRSU 50 · PRSU 50not disclosedPearl Meyer
Columbus McKinnon100%PSU 50 · RSU 25 · Options 25NoMeridian
DMC Globalnot disclosedRSU 50 · PSU 50not disclosedPearl Meyer & Partners, LLC
DXP Enterprisesnot disclosedRestricted Stock 100not disclosedNFP Compensation Consulting
Enerpac Tool Group100.7%PSU 60 · RSU 40NoMercer, LLC
Enpro130.5%RSU 40 · PSU 30 · Options 30Yes — rTSRPearl Meyer & Partners, LLC
ESCO Technologies200%PSU 70 · RSU 30NoPay Governance LLC
Expro Group Holdings N.V.not disclosedPRSU 60 · RSU 40Yes — Total Shareholder Return (TSR)Meridian Consultants, LLC
Forum Energy Technologiesnot disclosedPSU 50 · RSU 50not disclosedMeridian Compensation Partners, LLC
Helix Energy Solutions Group35%PSU 50 · RSU 50Yes — TSR relative to performance peer groupWTW (Willis Towers Watson)
Jacobs Solutions98.7%PSU 60 · RSU 40NoFarient Advisors
Matrix Service Companynot disclosedRSU 50 · PSU 50NoPay Governance
Mistras Group60%RSU 100NoPay Governance LLC
MYR Group165.5%PSU 70 · RSU 30Yes — TSRMercer
NV5 Global*not disclosedRSA 100not disclosedMeridian Compensation Partners, LLC
Oceaneering International124%not disclosedYes — Relative TSRMeridian Compensation Partners, LLC
Oil States Internationalnot disclosedRSU 50 · PRSU 25 · Cash Performance Award 25not disclosedMeridian Compensation Partners
Teamnot disclosedPSU 70 · RSU 30NoWillis Towers Watson (WTW)

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)52 : 1
CEO total compensation—
Median employee compensation$11,023
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (63 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, Talman Pizzey. DEF 14A, filed 2026-05-21. Section “Executive Compensation”. As printed: 2,741,682. View filing ↗
  • Section 01, Kristin Schultes. DEF 14A, filed 2026-05-21. Section “Executive Compensation”. As printed: 2,394,871. View filing ↗
  • Section 01, Fiona Sutherland. DEF 14A, filed 2026-05-21. Section “Executive Compensation”. As printed: 1,449,058. View filing ↗
  • Section 01, Benjamin Heraud. DEF 14A, filed 2026-05-21. Section “Executive Compensation”. As printed: 986,249. View filing ↗
  • Section 01, Richard Tong. DEF 14A, filed 2026-05-21. Section “Executive Compensation”. As printed: 917,807. View filing ↗
  • Section 01, Greg Conaway. DEF 14A, filed 2026-05-21. Section “Executive Compensation”. As printed: 301,820. View filing ↗
  • Section 01, MaryJo O'Brien. DEF 14A, filed 2026-05-21. Section “Executive Compensation”. As printed: 140,714. View filing ↗
  • Section 03, Kristin Schultes PSU. DEF 14A, filed 2026-05-21. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Benjamin Heraud RSU. DEF 14A, filed 2026-05-21. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Fiona Sutherland RSU. DEF 14A, filed 2026-05-21. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Fiona Sutherland PSU. DEF 14A, filed 2026-05-21. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Talman Pizzey PSU. DEF 14A, filed 2026-05-21. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kristin Schultes RSU. DEF 14A, filed 2026-05-21. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Benjamin Heraud PSU. DEF 14A, filed 2026-05-21. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kristin Schultes PSU. DEF 14A, filed 2026-05-21. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-05-21. Section “CEO Pay Ratio”. As printed: 52 : 1. View filing ↗
  • Section 08, Rory Cullinan. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 177,500. View filing ↗
  • Section 08, James E. Lillie. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 160,000. View filing ↗
  • Section 08, Peter A. Hochfelder. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 160,000. View filing ↗
  • Section 08, Antoinette C. Bush. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 155,000. View filing ↗
  • Section 08, Elizabeth Meloy Hepding. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 155,000. View filing ↗
  • Section 08, Dickerson Wright. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 120,548. View filing ↗
  • Section 08, Byron Roth. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 120,548. View filing ↗
  • Section 08, Robert A. E. Franklin. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Talman Pizzey. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Benjamin Heraud. DEF 14A, filed 2026-05-21. Section “Director Compensation”. As printed: 0. View filing ↗
  • 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 348,596 + equity 700,000 + all other 0 = 1,048,596, summed across the director compensation table rows.
  • Jacobs Solutions, Section 10b CEO total. DEF 14A, filed 2025-12-18. CEO total compensation as printed in Jacobs Solutions's own proxy. As printed: 14,038,363. View filing ↗
  • APi Group Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in APi Group Corporation's own proxy. As printed: 10,450,517. View filing ↗
  • Archrock, Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Archrock's own proxy. As printed: 9,037,610. View filing ↗
  • Oceaneering International, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Oceaneering International's own proxy. As printed: 7,735,670. View filing ↗
  • Enpro, Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Enpro's own proxy. As printed: 7,457,747. View filing ↗
  • Expro Group Holdings N.V., Section 10b CEO total. DEF 14A, filed 2025-04-11. CEO total compensation as printed in Expro Group Holdings N.V.'s own proxy. As printed: 6,962,497. View filing ↗
  • Matrix Service Company, Section 10b CEO total. DEF 14A, filed 2026-09-23. CEO total compensation as printed in Matrix Service Company's own proxy. As printed: 6,741,465. View filing ↗
  • Enerpac Tool Group, Section 10b CEO total. DEF 14A, filed 2025-12-22. CEO total compensation as printed in Enerpac Tool Group's own proxy. As printed: 6,548,272. View filing ↗
  • MYR Group, Section 10b CEO total. DEF 14A, filed 2026-03-04. CEO total compensation as printed in MYR Group's own proxy. As printed: 6,387,221. View filing ↗
  • Forum Energy Technologies, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Forum Energy Technologies's own proxy. As printed: 6,163,337. View filing ↗
  • Columbus McKinnon, Section 10b CEO total. DEF 14A, filed 2026-06-26. CEO total compensation as printed in Columbus McKinnon's own proxy. As printed: 5,971,066. View filing ↗
  • DMC Global, Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in DMC Global's own proxy. As printed: 5,615,614. View filing ↗
  • ESCO Technologies, Section 10b CEO total. DEF 14A, filed 2025-12-10. CEO total compensation as printed in ESCO Technologies's own proxy. As printed: 5,586,139. View filing ↗
  • Oil States International, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Oil States International's own proxy. As printed: 5,079,386. View filing ↗
  • Helix Energy Solutions Group, Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Helix Energy Solutions Group's own proxy. As printed: 5,067,269. View filing ↗
  • DXP Enterprises, Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in DXP Enterprises's own proxy. As printed: 4,594,369. View filing ↗
  • Mistras Group, Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in Mistras Group's own proxy. As printed: 3,610,368. View filing ↗
  • NV5 Global*, Section 10b CEO total. DEF 14A, filed 2024-04-29. CEO total compensation as printed in NV5 Global*'s own proxy. As printed: 2,447,385. View filing ↗
  • Team, Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Team's own proxy. As printed: 1,265,655. View filing ↗
  • TIC Solutions (subject), Section 10b CEO total. DEF 14A, filed 2026-05-21. CEO total compensation as printed in TIC Solutions's own proxy. As printed: 986,249. View filing ↗
  • Section 10a, MYR Group reciprocity. DEF 14A. MYR Group's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Columbus McKinnon reciprocity. DEF 14A. Columbus McKinnon's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Expro Group Holdings N.V. reciprocity. DEF 14A. Expro Group Holdings N.V.'s most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Mistras Group reciprocity. DEF 14A. Mistras Group's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Helix Energy Solutions Group reciprocity. DEF 14A. Helix Energy Solutions Group's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Team reciprocity. DEF 14A. Team's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Oceaneering International reciprocity. DEF 14A. Oceaneering International's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Oil States International reciprocity. DEF 14A. Oil States International's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Archrock reciprocity. DEF 14A. Archrock's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Enpro reciprocity. DEF 14A. Enpro's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Matrix Service Company reciprocity. DEF 14A. Matrix Service Company's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, APi Group Corporation reciprocity. DEF 14A. APi Group Corporation's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, DMC Global reciprocity. DEF 14A. DMC Global's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, ESCO Technologies reciprocity. DEF 14A. ESCO Technologies's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗
  • Section 10a, Forum Energy Technologies reciprocity. DEF 14A. Forum Energy Technologies's most recent proxy was read; its disclosed peer group does not include TIC Solutions. View filing ↗