Chief Executive Officer · IPG PHOTONICS CORP (IPGP)

Mark Gitin

A named executive officer of IPG PHOTONICS in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$9,071,490

FY2024: $6,700,825

1st of 5 named executive officers at IPG Photonics by FY2025 total.

5 named officers on file for IPG PHOTONICS, FY2025

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What this number hides

The filing gives the total. IPG PHOTONICS’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 1, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Mark Gitin compensation by year

IPG PHOTONICS Summary Compensation Table · all 2 fiscal years held
In US dollars, as IPG PHOTONICS reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$411,346$879,423
Bonus$775,000$0
Stock awards$4,999,759$6,999,990
Option awards$0$0
Non-equity incentive—$1,159,600
Pension and deferred compensation$0$0
All other$514,720$32,477
Total$6,700,825$9,071,490

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: IPG PHOTONICS CORP DEF 14A filed April 1, 2026, accession 0001111928-26-000085, and prior-year filings. Open the filing on EDGAR.

How this page was built: the IPG PHOTONICS CORP filed document, accession 0001111928-26-000085. Every figure is read from that document and cited to the page and table it appears in. Filed April 1, 2026.

$6.7M
$9.1M
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU99,165$7,100,214—
RSU55,092$4,440,415—
RSU19,194$1,547,036—
PSU17,993$1,288,299—

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

Insider transactions since the last proxy

1 Form 4 line since the FY2025 proxy (filed April 1, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-06-05Tax withholding—4,641$107.3787,232

The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments IPG PHOTONICS discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Death—$11,324,829—$12,484,429
Disability—$11,324,829—$12,484,429
Involuntary termination without cause$1,805,811$2,002,008—$4,967,419
Change in control and involuntary termination$5,071,411$11,324,829—$16,396,240

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

IPG PHOTONICS’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Mark Gitin · this pageChief Executive Officer$9,071,490
Timothy MammenChief Financial Officer and Senior Vice President$3,043,607
Trevor NessSenior Vice President, Chief Revenue Officer$2,648,419
Angelo LoprestiSenior Vice President, General Counsel and Secretary$2,574,681
Paulus BucherSenior Vice President, Global Operations$1,181,804

Board service

IPG PHOTONICS board · FY2023–FY2025

How this board is paid

Company policy: IPG PHOTONICS pays directors a $40,000 cash retainer and $250,000 in RSUs. As stated in IPG PHOTONICS's FY2025 proxy.

The full IPG PHOTONICS compensation record

free company brief

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

Peer companies

named in the IPG PHOTONICS 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 IPG PHOTONICS'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 IPG PHOTONICS'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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Mark Gitin's compensation dossier