Mark Gitin is Chief Executive Officer of Ipg Photonics Corp (IPGP). The company reported total compensation of $9,071,490 for fiscal year 2025.
| Salary | $879,423 |
|---|---|
| Bonus | $0 |
| Stock awards | $6,999,990 |
| Option awards | $0 |
| Non-equity incentive plan | $1,159,600 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $32,477 |
| Total | $9,071,490 |
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 Ipg Photonics Corp filed April 1, 2026, accession 0001111928-26-000085.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer | $879,423 | $0 | $6,999,990 | $0 | $1,159,600 | $0 | $32,477 | $9,071,490 |
| FY2024 | Chief Executive Officer | $411,346 | $775,000 | $4,999,759 | $0 | — | $0 | $514,720 | $6,700,825 |
Totals as disclosed in each year's own compensation disclosure for Ipg Photonics Corp.
| Peer-group chief executive median | $7,956,460 |
|---|---|
| Difference from that median | $1,115,030 |
| Percentile within the disclosed peer group | 61st |
| Peers with a disclosed figure | 17 |
Medians and percentiles are computed across the peer group Ipg Photonics Corp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Mark Gitin this page | Chief Executive Officer | $9,071,490 |
| Timothy Mammen | Chief Financial Officer and Senior Vice President | $3,043,607 |
| Trevor Ness | Senior Vice President, Chief Revenue Officer | $2,648,419 |
| Angelo Lopresti | Senior Vice President, General Counsel and Secretary | $2,574,681 |
| Paulus Bucher | Senior Vice President, Global Operations | $1,181,804 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Ipg Photonics Corp compensation brief.
Mark Gitin's compensation sits inside Ipg Photonics Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.