Utilities
Ameren Executive Compensation (FY25)
AEE · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Martin Lyons | Median of the other named officers $3,134,024 6 officers, excluding the chief executive | Latest say-on-pay support = May 14, 2026 | Chief executive pay ratio ◇ To the median employee |
Velarion Member: every covered company in Utilities, with dashboards, peer screens and board-ready briefs. Three seats, one year.
The paid brief on Ameren
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of October 22, 2026Latest filing (8-K): May 18, 2026
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Velarion Member, one year
260 figures on this page: 250 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
More on Ameren
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Martin Lyons: $9,731,030 → $14,056,510 (44.5% higher)
Say-on-pay support: 95.8% → 95.7% (0.1 points lower)
CEO pay ratio: 76:1 → 112:1 (47.4% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Ameren's chief executive and what were they paid?
Martin Lyons, Chairman, President and Chief Executive Officer, Ameren, received $14,056,510 in total compensation for fiscal 2025. Lyons' total was 44.5% higher than the $9,731,030 reported for fiscal 2024.
What was Ameren's say-on-pay result?
Shareholders supported the say-on-pay proposal with 95.7% of votes cast for or against in favor at the meeting held May 14, 2026 for fiscal 2025.
Which companies are in Ameren's peer group?
The disclosed peer group names Baxter and Lyons.
What is Ameren's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 112:1, against median employee compensation of $125,070.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Martin Lyons Chairman, President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Warner Baxter Executive Chairman, Ameren | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Michael Moehn Senior Executive Vice President and Chief Financial Officer, Ameren | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Chonda Nwamu Executive Vice President, General Counsel and Secretary, Ameren | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mark Birk Chairman and President, Ameren Missouri | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Moehn Senior Executive Vice President and Chief Financial Officer, Ameren | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Martin Lyons Chairman, President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Mark Birk Chairman and President, Ameren Missouri | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Chonda Nwamu Executive Vice President, General Counsel and Secretary, Ameren | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Leonard Singh Chairman and President, Ameren Illinois | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Martin Lyons Chairman, President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Martin Lyons Chairman, President and Chief Executive Officer, Ameren | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Michael Moehn Group President, Ameren Utilities, Ameren | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Leonard Singh Executive Vice President and Chief Financial Officer, Ameren | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fadi Diya Former Senior Vice President and Chief Nuclear Officer, Ameren Missouri Departed during or after this year | ◇ | — | ◇ | — | — | ◇ | ◇ | ◇ |
Mark Birk Former Chairman and President, Ameren Missouri Departed during or after this year | ◇ | — | ◇ | — | — | ◇ | ◇ | ◇ |
Shawn Schukar Chairman and President, Ameren Transmission Company of Illinois | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Mark Lindgren Executive Vice President, Communications and Chief Human Resources Officer, Ameren Services | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Fadi Diya | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Leonard Singh | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Mark Birk | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Mark Lindgren | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Martin Lyons | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Michael Moehn | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Shawn Schukar | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
Fiscal 2022, 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Michael Moehn | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Martin Lyons | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Leonard Singh | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Mark Lindgren | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Mark Birk | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Shawn Schukar | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Fadi Diya | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Ellen M. Fitzsimmons Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Richard J. Harshman | ◇ | ◇ | — | — | — | — | ◇ |
Ward H. Dickson | ◇ | ◇ | — | — | — | — | ◇ |
Catherine S. Brune | ◇ | ◇ | — | — | — | — | ◇ |
Cynthia J. Brinkley | ◇ | ◇ | — | — | — | — | ◇ |
Rafael Flores | ◇ | ◇ | — | — | — | — | ◇ |
Steven H. Lipstein | ◇ | ◇ | — | — | — | — | ◇ |
Steven O. Vondran | ◇ | ◇ | — | — | — | — | ◇ |
Craig S. Ivey | ◇ | ◇ | — | — | — | — | ◇ |
Leo S. Mackay, Jr | ◇ | ◇ | — | — | — | — | ◇ |
Noelle K. Eder | ◇ | ◇ | — | — | — | — | ◇ |
James C. Johnson | ◇ | ◇ | — | — | — | — | ◇ |
Kimberly J. Harris | ◇ | ◇ | — | — | — | — | ◇ |
Timothy S. Rausch, Jamie L. Engstrom and Martin J. Lyons, Jr served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
Equity is delivered as common stock.
Stock ownership guideline: 5x base annual cash retainer ($625,000)
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2022
- Baxter BAX
- Lyons symbol not shown
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 14, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 8, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 9, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 11, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 12, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 6, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 7, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 2, 2019 | = | ◇ | ◇ | ◇ |
| 2016 | April 27, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | April 28, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Velarion Pro: every company page, peer tools and exports, one seat
One seat, one person. It opens the whole platform: the peer tools, the written analysis and the exports, on every company we cover. Join the list and you will hear from us when it opens.
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Martin Lyons (Chairman, President and Chief Executive Officer, Ameren), FY2025 total compensation $14,056,510 (base salary $1,325,000) [exec_comp, SEC accession 0001104659-26-037756, filed 2026-03-31]What this page does not include
Everything above is a fact Ameren disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Ameren sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
260 figures on this page: 250 cited to the filing that reported them, 10 calculated from figures it prints.
250 cited to the filing
10 calculated from the filing
Documents cited
- 0001104659-26-063184
- 0001104659-26-0377562025 DIRECTOR COMPENSATION TABLE · 2025 SUMMARY COMPENSATION TABLE · CEO Pay Ratio · Director Compensation · and 1 more section
- 0001104659-25-046956
- 0001104659-25-0278212024 SUMMARY COMPENSATION TABLE
- 0001104659-24-060607
- 0001104659-24-039037
- 0001104659-23-059889
- 0001104659-23-037751
- 0001104659-22-060492
- 0001193125-21-155146
- 0001193125-20-139066
- 0001193125-19-138034Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-17-151905Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-16-569447Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Ameren executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/AEE (accessed 2026).
Short form: data: Velarion
The paid brief for Ameren
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Ameren and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Utilities rankings
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}