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Fiscal year 2025

Guillermo Novo — FY2025 total compensation $7,907,423

Guillermo Novo is Chair of the Board and Chief Executive Officer of Ashland Inc. (ASH). The company reported total compensation of $7,907,423 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$1,152,332
Bonus$0
Stock awards$5,233,863
Option awards$0
Non-equity incentive plan$1,313,830
Pension and non-qualified deferred compensation$0
All other compensation$207,398
Total$7,907,423

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Ashland Inc. filed December 9, 2025, accession 0001193125-25-312753.

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History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chair of the Board and Chief Executive Officer$1,152,332$0$5,233,863$0$1,313,830$0$207,398$7,907,423
FY2022Chair of the Board and Chief Executive Officer$1,088,525$0$5,813,052$0$2,202,217$0$213,408$9,317,202
FY2021Chair of the Board and Chief Executive Officer$1,059,854$5,070,529$1,293,939$173,581$7,597,903

Totals as disclosed in each year's own compensation disclosure for Ashland Inc..

04

The other named executive officers of Ashland Inc.

Named executive officerRoleFY2025 total
Guillermo Novo this pageChair of the Board and Chief Executive Officer$7,907,423
J. Kevin WillisFormer Senior Vice President and Chief Financial Officer$2,407,328
William WhitakerSenior Vice President and Chief Financial Officer$2,350,368
Alessandra Faccin AssisSenior Vice President and General Manager, Life Sciences and Intermediates$2,086,178
Osama MusaSenior Vice President and Chief Technology Officer$1,743,822
Karl BostaphFormer Senior Vice President Operations$1,536,524
James MinicucciSenior Vice President and General Manager, Personal Care$1,421,501

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Ashland Inc. compensation brief.

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The company page

Guillermo Novo's compensation sits inside Ashland Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Ashland Inc. (ASH) compensation brief