Steve Downing is President and CEO of Gentex Corp (GNTX). The company reported total compensation of $5,945,970 for fiscal year 2025.
| Salary | $850,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $3,741,489 |
| Option awards | $0 |
| Non-equity incentive plan | $981,937 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $372,544 |
| Total | $5,945,970 |
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 Gentex Corp filed April 9, 2026, accession 0000355811-26-000016.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and CEO | $850,000 | $0 | $3,741,489 | $0 | $981,937 | $0 | $372,544 | $5,945,970 |
| FY2024 | President and CEO | $850,000 | $0 | $2,931,383 | $0 | $634,211 | $0 | $364,768 | $4,780,362 |
| FY2023 | President and CEO | $842,693 | $0 | $4,418,429 | $0 | $1,576,495 | $0 | $273,914 | $7,111,531 |
| FY2022 | President and CEO | $792,693 | $0 | $2,865,225 | $0 | $604,720 | $0 | $245,729 | $4,508,367 |
| FY2021 | President and CEO | $750,000 | $0 | $2,113,335 | $0 | $506,550 | $0 | $272,810 | $3,642,695 |
| FY2020 | President and CEO | $764,423 | $0 | $1,843,293 | $0 | $748,370 | $0 | $181,360 | $3,537,446 |
| FY2019 | President and CEO | $733,846 | $0 | $1,444,748 | $0 | $735,272 | $0 | $145,836 | $3,059,702 |
| FY2018 | President and CEO | $618,173 | $180,000 | $1,559,920 | $636,017 | $323,989 | — | $109,351 | $3,427,450 |
Totals as disclosed in each year's own compensation disclosure for Gentex Corp.
| Peer-group chief executive median | $8,705,182 |
|---|---|
| Difference from that median | $-2,759,212 |
| Percentile within the disclosed peer group | 7th |
| Peers with a disclosed figure | 13 |
Medians and percentiles are computed across the peer group Gentex Corp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Steve Downing this page | President and CEO | $5,945,970 |
| Neil Boehm | Vice President - Engineering and CTO | $2,461,125 |
| Kevin Nash | Vice President, Finance, CFO and Treasurer | $2,341,438 |
| Matt Chiodo | Senior Vice President - Sales and Chief Sales Officer | $1,966,316 |
| Scott Ryan | Vice President, General Counsel and Corporate Secretary | $1,811,705 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Gentex Corp compensation brief.
Steve Downing's compensation sits inside Gentex Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.