David Gitlin compensation by year
Carrier Global Summary Compensation Table · all 8 fiscal years held| Component | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Salary | $900,000 | $966,667 | $958,333 | $1,275,000 | $1,337,500 | $1,387,500 | $1,475,000 | $1,500,000 |
| Bonus | $1,300,000 | $1,200,000 | $2,070,000 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $2,950,834 | $2,150,799 | $5,803,499 | $4,708,211 | $4,483,081 | $6,127,211 | $31,188,838 | $5,634,548 |
| Option awards | $1,051,810 | $2,066,540 | $5,194,412 | $4,359,119 | $4,530,856 | $5,894,030 | $29,602,373 | $5,747,165 |
| Non-equity incentive | $0 | $0 | $0 | $3,827,200 | $2,013,120 | $3,503,500 | $2,362,500 | $1,023,750 |
| Pension and deferred compensation | $0 | $969,211 | $302,617 | $0 | $0 | $36,319 | $179,400 | $237,661 |
| All other | $239,548 | $386,063 | $1,112,090 | $723,285 | $857,690 | $746,640 | $926,134 | $819,789 |
| Total | $6,442,192 | $7,739,280 | $15,440,951 | $14,892,815 | $13,222,247 | $17,695,200 | $65,734,245 | $14,962,913 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Carrier Global Corp. DEF 14A filed March 3, 2026, accession 0001783180-26-000016, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Carrier Global Corp. filed document, accession 0001783180-26-000016. Every figure is read from that document and cited to the page and table it appears in. Filed March 3, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 446,110 | $23,572,452 | — |
| PSU | 119,380 | $6,308,039 | — |
| RSU | 104,042 | $5,497,579 | — |
| PSU | 90,872 | $4,801,676 | — |
| PSU | 88,150 | $4,657,846 | — |
| Option | 307,800 | — | $56.33 |
| Option | 1,725,330 | — | $56.33 |
| Option | 506,360 | — | $46.14 |
| Option | 321,970 | — | $65.21 |
Per the Outstanding Equity Awards at Fiscal Year-End table in Carrier Global Corp.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Carrier Global discloses, by trigger · FY2023| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Voluntary resignation | $0 | $12,608,284 | — | $12,608,284 |
| Involuntary termination without cause | $0 | $18,431,244 | $68,410 | $18,499,654 |
| Death | — | $43,512,219 | — | $52,962,219 |
| Disability | — | $43,512,219 | — | $52,962,219 |
| Change in control and involuntary termination | $14,000,000 | $51,748,473 | $68,410 | $65,816,883 |
Per the Potential Payments Upon Termination or Change in Control table in Carrier Global Corp.'s FY2023 proxy. Estimates as the company printed them; a dash means it printed no figure.
Carrier Global’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| David Gitlin · this page | Chairman & Chief Executive Officer | $14,962,913 |
| Michael Gierges | President, Climate Solutions Asia Pacific, Middle East & Africa | $7,059,821 |
| Patrick Goris | Executive Vice President, Chief Financial & Strategy Officer | $4,888,287 |
| Gaurang Pandya | President, Climate Solutions Americas | $3,435,405 |
| Edward Dryden | President, Climate Solutions Transportation | $3,226,395 |
Board service
Carrier Global board · FY2023–FY2025How this board is paid
Company policy: Carrier Global pays directors a $130,000 cash retainer and $195,000 in DSUs (Deferred Stock Units). As stated in Carrier Global's FY2025 proxy.
The full Carrier Global compensation record
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Carrier Global's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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