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Consumer & Retail

Callaway Golf Executive Compensation (FY25)

CALY · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Oliver Brewer III
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 4, 2026Latest filing (8-K): May 26, 2026
15 filings cited on this page
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315 figures on this page: 304 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Callaway Golf

Five data products on this company. Each one is requested through the developer setup page.
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 — Oliver Brewer III: $9,378,565 → $13,970,138 (49.0% higher)
Say-on-pay support: 98.3% → 93.9% (4.4 points lower)
CEO pay ratio: 344:1 → 629:1 (82.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Callaway Golf's chief executive and what were they paid?
Total compensation for Oliver Brewer III, President and Chief Executive Officer, came to $13,970,138 in fiscal 2025. Brewer III's total was 49.0% higher than the $9,378,565 reported for fiscal 2024.
What was Callaway Golf's say-on-pay result?
Shareholders supported the say-on-pay proposal with 93.9% of votes cast for or against in favor at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Callaway Golf's peer group?
The disclosed peer group names Acushnet Holdings Corp., Bloomin’ Brands, Inc., Brinker International, Inc., Brunswick Corporation and Columbia Sportswear Company, among others.
What is Callaway Golf's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 629:1, against median employee compensation of $22,217.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Oliver G. (Chip) Brewer III
President and Chief Executive Officer
◇—◇—◇—◇◇
Arthur F. Starrs
Chief Executive Officer, Topgolf
◇—◇—◇—◇◇
Brian P. Lynch
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Glenn F. Hickey
Executive Vice President, Callaway Golf
◇—◇—◇—◇◇
Mark F. Leposky
Executive Vice President, Global Operations
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Oliver Brewer III
President and Chief Executive Officer
◇—◇—◇—◇◇
Arthur Starrs
Chief Executive Officer, Topgolf International, Inc.
◇—◇—◇—◇◇
Brian Lynch
Executive Vice President, Chief Financial Officer and Chief Legal Officer
◇—◇—◇—◇◇
Glenn Hickey
Executive Vice President and President, Callaway Golf
◇—◇—◇—◇◇
Mark Leposky
Executive Vice President and Chief Supply Chain Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Oliver G. Brewer III
President and Chief Executive Officer
◇—◇———◇◇
Arthur F. Starrs
Chief Executive Officer, Topgolf International, Inc.
◇—◇—◇—◇◇
Brian P. Lynch
Executive Vice President, Chief Financial Officer and Chief Legal Officer
◇—◇———◇◇
Mark F. Leposky
Executive Vice President and Chief Supply Chain Officer
◇—◇———◇◇
Glenn F. Hickey
Executive Vice President and President, Callaway Golf
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Oliver Brewer III
President and Chief Executive Officer
◇—◇—◇—◇◇
Brian Lynch
Executive Vice President, Chief Financial Officer and Chief Legal Officer
◇—◇—◇—◇◇
Rebecca Fine
Former Executive Vice President and Chief People Officer
Departed during or after this year
◇—◇—◇—◇◇
Mark Leposky
Executive Vice President and Chief Supply Chain Officer
◇—◇—◇—◇◇
Glenn Hickey
Executive Vice President and President, Callaway Golf Sales
◇—◇—◇—◇◇
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brian P. LynchRSU◇——◇——◇
Brian P. LynchPSU◇◇◇—◇—◇
Brian P. LynchRSU◇——◇——◇
Glenn F. HickeyPSU◇◇◇—◇—◇
Glenn F. HickeyRSU◇——◇——◇
Glenn F. HickeyRSU◇——◇——◇
Mark F. LeposkyPSU◇◇◇—◇—◇
Mark F. LeposkyRSU◇——◇——◇
Mark F. LeposkyRSU◇——◇——◇
Oliver G. Brewer IIIRSU◇——◇——◇
Oliver G. Brewer IIIRSU◇——◇——◇
Oliver G. Brewer IIIPSU◇◇◇—◇—◇
Rebecca FinePSU◇◇◇—◇—◇
Rebecca FineRSU◇——◇——◇
Rebecca FineRSU◇——◇——◇
Fiscal 2022, 2024 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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Oliver Brewer IIIRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Brian P. LynchRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Glenn HickeyRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Mark LeposkyRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Rebecca FineRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Oliver Brewer III
President and Chief Executive Officer · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John F. Lundgren
Board chair
◇◇————◇
Russell L. Fleischer
◇◇————◇
Linda B. Segre
◇◇————◇
Adebayo O. Ogunlesi
◇◇————◇
Varsha R. Rao
◇◇————◇
Erik J Anderson
◇◇————◇
Anthony S. Thornley
◇◇————◇
Bavan M. Holloway
◇◇————◇
C. Matthew Turney
◇◇————◇
Scott M. Marimow
◇◇————◇
Laura J. Flanagan
◇—————◇
Oliver G. (Chip) Brewer III, Mark D. Mandel and Thomas G. Dundon 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◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Acushnet Holdings Corp. GOLF
  • Bloomin’ Brands, Inc. BLMN
  • Brinker International, Inc. EAT
  • Brunswick Corporation BC
  • Columbia Sportswear Company COLM
  • Darden Restaurants, Inc. DRI
  • Dave & Buster’s Entertainment, Inc. PLAY
  • Deckers Outdoor Corporation DECK
  • Electronic Arts, Inc. EA
  • G-III Apparel Group, Ltd. GIII
  • Lululemon Athletica Inc. LULU
  • Peloton Interactive, Inc. PTON
  • Polaris, Inc. PII
  • Texas Roadhouse, Inc. TXRH
  • Under Armour, Inc. UAA
  • Vail Resorts, Inc. MTN
  • Yum! Brands, Inc. YUM

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 29, 2025=◇◇◇
2023May 30, 2024=◇◇◇
2022June 6, 2023=◇◇◇
2021May 25, 2022=◇◇◇
2020May 19, 2021=◇◇◇
2019May 12, 2020=◇◇◇
2018May 7, 2019=◇◇◇
2017May 8, 2018=◇◇◇
2016May 2, 2017=◇◇◇
2015May 11, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Oliver Brewer III (President and Chief Executive Officer), FY2025 total compensation $13,970,138 (base salary $1,100,000) [exec_comp, SEC accession 0000837465-26-000013, filed 2026-04-08]

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What this page does not include

Everything above is a fact Callaway Golf disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Callaway Golf 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.
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Written compensation analysis
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable 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.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
315 figures on this page: 304 cited to the filing that reported them, 11 calculated from figures it prints.
304 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-239488
    Proposal 3: Advisory Vote on Executive Compensation The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers.
  2. 0000837465-26-000013
    Director Compensation · Potential Payments upon Termination
  3. 0001193125-25-133466
    Proposal 3: Advisory Vote on Executive Compensation The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers.
  4. 0000837465-25-000039
    2024 Summary Compensation Table
  5. 0001193125-24-155163
  6. 0000837465-24-000025
  7. 0001193125-23-164457
  8. 0000837465-23-000010
    2022 Summary Compensation Table
  9. 0001193125-22-160987
  10. 0001193125-21-167766
  11. 0001193125-20-142992
  12. 0000837465-19-000006
  13. 0000837465-18-000012
  14. 0001193125-17-161171
  15. 0001193125-16-590377
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Callaway Golf executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CALY (accessed 2026).
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The paid brief for Callaway Golf

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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15 filings cited on this page
Method: intel.velarion.ai/methodology
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Consumer & Retail rankings

Chief executive pay — Consumer & RetailCEO pay ratio — Consumer & RetailSay-on-pay support — Consumer & Retail

Peers Callaway Golf discloses

The companies named in CALY's own disclosed peer group.

Acushnet Holdings Corp.Bloomin’ Brands, Inc.Brinker International, Inc.Brunswick CorporationColumbia Sportswear CompanyDarden Restaurants, Inc.Dave & Buster’s Entertainment, Inc.Deckers Outdoor CorporationElectronic Arts, Inc.G-III Apparel Group, Ltd.Lululemon Athletica Inc.Peloton Interactive, Inc.Polaris, Inc.Texas Roadhouse, Inc.Under Armour, Inc.Vail Resorts, Inc.Yum! Brands, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

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}
}
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