General Counsel, Chief Compliance Officer, and SVP Regulation, NW Holdings · Northwest Natural Holding Co (NWN)

MardiLyn Saathoff

A named executive officer of Northwest Natural in every fiscal year CompBrief holds from FY2016 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Velarion Intel: free for 3 days, no card →

Total disclosed compensation, FY2025

$1,429,613

FY2024: $1,326,724

4th of 7 named executive officers at Northwest Natural by FY2025 total.

7 named officers on file for Northwest Natural, FY2025

See an example →

What this number hides

The filing gives the total. Northwest Natural’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 17, 2026 (DEF 14A).

Free

Get MardiLyn Saathoff’s pay history as a PDF, right here and by email

The PDF adds what this page leaves out: up to 10 years of pay, a peer comparison, and the board on one page. Two emails at most, nothing else.

Also free: The Pay Desk, the weekly executive pay briefing.

Or track MardiLyn Saathoff and every company like it: Velarion Intel, free for 3 days, no card →

MardiLyn Saathoff compensation by year

Northwest Natural Summary Compensation Table · all 10 fiscal years held
In US dollars, as Northwest Natural reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$339,000$355,167$367,000$379,000$397,250$410,917$427,167$446,250$464,146$483,833
Bonus$47,328$60,754$78,122$73,629$88,931$89,605$104,090$106,857$103,842$104,785
Stock awards$475,569$278,113$304,778$360,491$353,450$418,808$400,216$483,005$509,559$507,637
Option awards$0$0$0$0$0$0$0$0$0$0
Non-equity incentive$152,672$144,246$136,878$155,371$126,069$153,395$154,910$142,143$187,158$231,215
Pension and deferred compensation$2,830$2,577$2,127$2,198$4,089$3,567$4,198$3,010$715$1,254
All other$47,865$43,507$99,578$55,807$57,129$65,542$55,743$59,487$61,304$100,889
Total$1,065,264$884,364$988,483$1,026,496$1,026,918$1,141,834$1,146,324$1,240,752$1,326,724$1,429,613

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Northwest Natural Holding Co DEF 14A filed April 17, 2026, accession 0001193125-26-161075, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Northwest Natural Holding Co filed document, accession 0001193125-26-161075. Every figure is read from that document and cited to the page and table it appears in. Filed April 17, 2026.

$1.1M
$884K
$988K
$1.0M
$1.0M
$1.1M
$1.1M
$1.2M
$1.3M
$1.4M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU33,380$1,560,181—
PSU2,938$137,323—
PSU2,292$107,128—
RSU1,469$68,654—
RSU1,146$53,564—
RSU884$41,318—
PSU884$41,318—
RSU730$34,120—

Per the Outstanding Equity Awards at Fiscal Year-End table in Northwest Natural Holding Co's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments Northwest Natural discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Change in control and involuntary termination$1,461,000$1,332,543$20,031$2,813,574
Change in control and resignation for good reason$1,461,000$1,332,543$20,031$2,813,574
Death—$971,515—$971,515
Retirement—$600,310—$600,310
Disability—$971,515—$971,515

Per the Potential Payments Upon Termination or Change in Control table in Northwest Natural Holding Co's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Northwest Natural’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Justin PalfreymanPresident and Chief Executive Officer, NW Holdings; Chief Executive Officer, NW Natural$3,695,467
Kimberly RushPresident, NW Natural$1,853,657
Raymond KaszubaSenior Vice President and Chief Financial Officer$1,646,098
MardiLyn Saathoff · this pageGeneral Counsel, Chief Compliance Officer, and SVP Regulation, NW Holdings$1,429,613
Megan BergeDeputy General Counsel and Corporate Secretary, NW Holdings$1,299,197
Megan DeputyGeneral Counsel and Corporate Secretary, NW Holdings$1,299,197
David AndersonFormer Chief Executive Officer$575,775

The full Northwest Natural compensation record

free company brief

This page is one person within Northwest Natural's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Northwest Natural proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Northwest Natural'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 Northwest Natural'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.

Order NWN

Add the email the receipt and the PDF go to, then press the report you want. Each button opens its own card payment on Stripe.

Receipt, invoice, and report delivery. Guest checkout, no account required, secure payment by Stripe.

MardiLyn Saathoff's compensation dossier