Jagadeesh (Jag) Reddy is President and Chief Executive Officer of Mayville Engineering Company, Inc. (MEC). The company reported total compensation of $3,183,288 for fiscal year 2025.
| Salary | $736,450 |
|---|---|
| Bonus | — |
| Stock awards | $2,380,000 |
| Option awards | — |
| Non-equity incentive plan | — |
| Pension and non-qualified deferred compensation | — |
| All other compensation | $66,838 |
| Total | $3,183,288 |
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 Mayville Engineering Company, Inc. filed March 10, 2026, accession 0001104659-26-025849.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $736,450 | — | $2,380,000 | — | — | — | $66,838 | $3,183,288 |
| FY2024 | President and Chief Executive Officer | $715,000 | — | $2,000,000 | — | $966,968 | — | $10,350 | $3,692,318 |
| FY2023 | President and Chief Executive Officer | $695,250 | — | $825,000 | $825,000 | $567,880 | — | $43,196 | $2,956,326 |
Totals as disclosed in each year's own compensation disclosure for Mayville Engineering Company, Inc..
| Peer-group chief executive median | $3,028,873 |
|---|---|
| Difference from that median | $154,415 |
| Percentile within the disclosed peer group | 56th |
| Peers with a disclosed figure | 15 |
Medians and percentiles are computed across the peer group Mayville Engineering Company, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Jagadeesh (Jag) Reddy this page | President and Chief Executive Officer | $3,183,288 |
| Ryan Raber | Executive Vice President, Strategy, Sales & Marketing | $1,556,300 |
| Todd Butz | Former Chief Financial Officer | $1,300,592 |
| Craig Nichols | Senior Vice President, Operations and Supply Chain | $1,099,647 |
| Rachele Lehr | Chief Financial Officer | $930,500 |
| Sean Leuba | Senior Vice President, General Counsel and Secretary | $812,381 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Mayville Engineering Company, Inc. compensation brief.
Jagadeesh (Jag) Reddy's compensation sits inside Mayville Engineering Company, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.
The Mayville Engineering Company, Inc. (MEC) compensation brief