Chairman and Chief Executive Officer · STEEL DYNAMICS INC (STLD)

Mark Millett

A named executive officer of STEEL DYNAMICS 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.

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Total disclosed compensation, FY2025

$12,059,908

FY2024: $11,782,886

1st of 5 named executive officers at Steel Dynamics by FY2025 total.

5 named officers on file for STEEL DYNAMICS, FY2025

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What this number hides

The filing gives the total. STEEL DYNAMICS’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 March 27, 2026 (DEF 14A).

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Mark Millett compensation by year

STEEL DYNAMICS Summary Compensation Table · all 10 fiscal years held
In US dollars, as STEEL DYNAMICS reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$1,010,000$1,035,000$1,250,000$1,350,000$1,390,000$1,390,000$1,430,000$1,485,000$1,485,000$1,535,000
Bonus$0$0$0$0$0$0$0$0$0—
Stock awards$2,609,140$4,062,647$3,212,028$4,112,527$5,072,526$4,993,421$4,646,697$5,023,287$5,004,495$5,095,406
Option awards$383,040$1,107,154$2,459,584$1,731,633$1,000,005$1,000,012$0$0$0—
Non-equity incentive$2,525,000$2,587,500$3,125,000$3,375,000$3,475,000$3,475,000$5,005,000$5,197,500$5,197,500$5,372,500
Pension and deferred compensation$0$0$0$0$0$0$0$0$0—
All other$36,002$45,756$70,078$45,951$39,094$141,485$152,760$117,875$95,891$57,002
Total$6,563,182$8,838,057$10,116,690$10,615,111$10,976,625$10,999,918$11,234,457$11,823,662$11,782,886$12,059,908

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: STEEL DYNAMICS INC DEF 14A filed March 27, 2026, accession 0001104659-26-035826, and prior-year filings. Open the filing on EDGAR.

How this page was built: the STEEL DYNAMICS INC filed document, accession 0001104659-26-035826. Every figure is read from that document and cited to the page and table it appears in. Filed March 27, 2026.

$6.6M
$8.8M
$10.1M
$10.6M
$11.0M
$11.0M
$11.2M
$11.8M
$11.8M
$12.1M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU24,000$4,066,800—
RSU19,771$3,350,196—
RSU17,645$2,989,945—
PSU11,848$2,007,644—
RSU6,188$1,048,557—
RSU4,989$845,386—

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

STEEL DYNAMICS’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Mark Millett · this pageChairman and Chief Executive Officer$12,059,908
Barry SchneiderPresident and Chief Operating Officer$6,986,343
Theresa WaglerExecutive Vice President, Chief Financial Officer and Corporate Secretary$6,517,332
Glenn PushisFormer Senior Vice President, Special Projects$4,747,048
Christopher GrahamSenior Vice President, Flat Roll Steel Group$4,240,306

Board service

STEEL DYNAMICS board · FY2023–FY2025

How this board is paid

Company policy: STEEL DYNAMICS pays directors a $150,000 cash retainer and $185,097 in DSU. As stated in STEEL DYNAMICS's FY2025 proxy.

The full STEEL DYNAMICS compensation record

free company brief

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

Peer companies

named in the STEEL DYNAMICS 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 STEEL DYNAMICS'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 STEEL DYNAMICS'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 Millett's compensation dossier