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CompBrief
Fiscal year 2025

Michael Happe — FY2025 total compensation $8,999,898

Michael Happe is President and Chief Executive Officer of Winnebago Industries Inc (WGO). The company reported total compensation of $8,999,898 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$1,150,000
Bonus$0
Stock awards$6,185,000
Option awards$915,006
Non-equity incentive plan$704,000
Pension and non-qualified deferred compensation$0
All other compensation$45,892
Total$8,999,898

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 Winnebago Industries Inc filed November 4, 2025, accession 0001140361-25-040336.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025President and Chief Executive Officer$1,150,000$0$6,185,000$915,006$704,000$0$45,892$8,999,898
FY2024President and Chief Executive Officer$1,121,154$0$4,717,461$832,492$505,500$0$40,624$7,217,231
FY2023President and Chief Executive Officer$1,050,000$0$4,249,995$749,992$550,500$0$77,241$6,677,728

Totals as disclosed in each year's own compensation disclosure for Winnebago Industries Inc.

03

Peer context

Peer-group chief executive median$10,093,861
Difference from that median$-1,093,963
Percentile within the disclosed peer group45th
Peers with a disclosed figure11

Medians and percentiles are computed across the peer group Winnebago Industries Inc discloses in its own compensation disclosure.

04

The other named executive officers of Winnebago Industries Inc

Named executive officerRoleFY2025 total
Michael Happe this pagePresident and Chief Executive Officer$8,999,898
Donald ClarkGroup President – Towable RV Segment; President – Grand Design RV$4,781,872
Bryan HughesSenior Vice President – Chief Financial Officer, Investor Relations, Information Technology and Business Development$2,701,132
Casey TubmanGroup President – Newmar and Winnebago Motorized$2,392,859
Stacy BogartSenior Vice President – Chief Legal Officer, Corporate Secretary and Corporate Responsibility$2,016,123

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Winnebago Industries Inc compensation brief.

05

The company page

Michael Happe's compensation sits inside Winnebago Industries Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Winnebago Industries Inc (WGO) compensation brief