Guillermo Novo compensation by year
ASHLAND Summary Compensation Table · all 6 fiscal years held| Component | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Salary | $813,242 | $1,059,854 | $1,088,525 | $1,114,805 | $1,128,500 | $1,152,332 |
| Bonus | $1,000,000 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $7,605,078 | $5,070,529 | $5,813,052 | $5,454,895 | $6,242,771 | $5,233,863 |
| Option awards | $1,111,646 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $1,103,508 | $1,293,939 | $2,202,217 | $101,565 | $1,477,772 | $1,313,830 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $36,881 | $100,100 | $213,408 | $286,649 | $132,948 | $207,398 |
| Total | $11,670,355 | $2,770,444 | $9,317,202 | $6,957,914 | $8,981,991 | $7,907,423 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ASHLAND INC. DEF 14A filed December 9, 2025, accession 0001193125-25-312753, and prior-year filings.
How this page was built: the ASHLAND INC. filed document, accession 0001193125-25-312753. Every figure is read from that document and cited to the page and table it appears in. Filed December 9, 2025.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 113,912 | $5,457,525 | — |
| RSU | 56,917 | $2,726,898 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in ASHLAND INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments ASHLAND discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Change in control, no termination | — | $7,527,192 | — | $8,980,142 |
| Involuntary for cause | — | $7,527,192 | — | $8,980,142 |
| Death | — | $7,527,192 | — | $8,980,142 |
| Involuntary termination without cause | $2,324,720 | $7,527,192 | $31,163 | $11,367,225 |
| Disability | — | $7,527,192 | — | $8,980,142 |
| Change in control and resignation for good reason | $7,845,930 | $8,712,182 | $31,163 | $18,073,424 |
| Change in control and involuntary termination | $7,845,930 | $8,712,182 | $31,163 | $18,073,424 |
| Retirement | — | $7,527,192 | — | $8,980,142 |
Per the Potential Payments Upon Termination or Change in Control table in ASHLAND INC.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
ASHLAND’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Guillermo Novo · this page | Chair of the Board and Chief Executive Officer | $7,907,423 |
| J. Kevin Willis | Former Senior Vice President and Chief Financial Officer | $2,407,328 |
| William Whitaker | Senior Vice President and Chief Financial Officer | $2,350,368 |
| Alessandra Faccin Assis | Senior Vice President and General Manager, Life Sciences and Intermediates | $2,086,178 |
| Osama Musa | Senior Vice President and Chief Technology Officer | $1,743,822 |
| Karl Bostaph | Former Senior Vice President Operations | $1,536,524 |
| James Minicucci | Senior Vice President and General Manager, Personal Care | $1,421,501 |
Board service
ASHLAND board · FY2022–FY2025How this board is paid
Company policy: ASHLAND pays directors a $100,000 cash retainer and $150,000 in equity. As stated in ASHLAND's FY2025 proxy.
The full ASHLAND compensation record
free company briefThis page is one person within ASHLAND's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the ASHLAND proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order ASHLAND's full Executive Compensation Report with peer benchmarking.
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 ASHLAND'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.