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Core Molding Technologies Executive Compensation (FY25)

CMT · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
David Duvall
Latest say-on-pay support
=
May 14, 2026
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Data as of November 5, 2026Latest filing (8-K): May 15, 2026
15 filings cited on this page
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Core Molding Technologies brief$500Get the executive brief
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179 figures on this page: 168 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
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 — David Duvall: $1,966,118 → $1,571,116 (20.1% lower)
Say-on-pay support: 95.8% → 97.7% (1.9 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Core Molding Technologies' chief executive and what were they paid?
David Duvall was paid $1,571,116 in total compensation as President and Chief Executive Officer for fiscal 2025. Compared with the $1,966,118 reported for fiscal 2024, Duvall's total was 20.1% lower.
What was Core Molding Technologies' say-on-pay result?
Shareholders supported the say-on-pay proposal with 97.7% of votes cast including abstentions in favor at the meeting held May 14, 2026 for fiscal 2025.
Which companies are in Core Molding Technologies' peer group?
The disclosed peer group names Ascent Industries, CECO Environmental Corp, Commercial Vehicle Group, Compx International Inc. and DMC Global Inc., among others.

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
David Duvall
President and Chief Executive Officer
◇—◇—◇—◇◇
John Zimmer
EVP, Chief Financial Officer
◇—◇—◇—◇◇
Eric Palomaki
EVP, Operations and R&D
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Duvall
President and Chief Executive Officer
◇—◇—◇—◇◇
John Zimmer
EVP, Chief Financial Officer
◇—◇—◇—◇◇
Eric Palomaki
Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Duvall
President and Chief Executive Officer
◇—◇—◇—◇◇
John Zimmer
EVP, Chief Financial Officer
◇—◇—◇—◇◇
Eric Palomaki
Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Duvall
President and Chief Executive Officer
◇—◇———◇◇
John Zimmer
Former EVP, Chief Financial Officer
Departed during or after this year
◇—————◇◇
Eric Palomaki
Chief Operating Officer
◇—◇———◇◇
Alex Panda
EVP, Chief Financial Officer
◇—◇———◇◇
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
Alex PandaPSU◇——◇——◇
Alex PandaRSU◇——◇——◇
David DuvallPSU◇◇◇—◇—◇
David DuvallRSU◇——◇——◇
Eric PalomakiPSU◇◇◇—◇—◇
Eric PalomakiRSU◇——◇——◇
Fiscal 2022, 2023, 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
David DuvallPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Eric PalomakiPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Alex PandaPSU◇◇——
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas R. Cellitti
Board chair
◇◇————◇
Matthew E. Jauchius
◇◇————◇
Andrew O. Smith
◇◇————◇
Sandra L. Kowaleski
◇◇————◇
Salvador Miñarro
◇◇————◇
Ralph O. Hellmold
◇◇————◇
David L. Duvall 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.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Ascent Industries ACNT
  • CECO Environmental Corp CECO
  • Commercial Vehicle Group CVGI
  • Compx International Inc. CIX
  • DMC Global Inc. BOOM
  • Dorman Product Inc. DORM
  • Douglas Dynamics Inc. PLOW
  • FreightCar America, Inc. RAIL
  • Gentherm Incorporated THRM
  • Graham Corporation GHM
  • Helios Technologies, Inc. HLIO
  • Hurco Companies, Inc. HURC
  • Manitex International, Inc. MNTX
  • Motorcar Parts of America MPAA
  • Myers Industries, Inc. MYE
  • Sifco Industries, Inc SIF
  • Stoneridge, Inc. SRI
  • Strattec Security Corp. STRT
  • The Eastern Company EBC
  • Twin Disc, Incorporated TWIN
  • UFP Technologies, Inc. UFPT
  • Universal Stainless & Alloy USAP

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 14, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 16, 2024=◇◇◇
2022May 11, 2023=◇◇◇
2021May 12, 2022=◇◇◇
2020May 13, 2021=◇◇◇
2019June 15, 2020=◇◇◇
2018May 16, 2019=◇◇◇
2017May 17, 2018=◇◇◇
2016May 12, 2017=◇◇◇
2015May 12, 2016=◇◇◇

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

Sample answer — “What is the CEO’s total compensation?”
- David Duvall (President and Chief Executive Officer), FY2025 total compensation $1,571,116 (base salary $787,350) [exec_comp, SEC accession 0001026655-26-000019, filed 2026-04-06]

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What this page does not include

Everything above is a fact Core Molding Technologies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Core Molding Technologies 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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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.
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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.
179 figures on this page: 168 cited to the filing that reported them, 11 calculated from figures it prints.
168 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001026655-26-000030
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001026655-26-000019
    DIRECTOR COMPENSATION · Grants of Plan-Based Awards
  3. 0001026655-25-000036
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001026655-25-000026
  5. 0001026655-24-000080
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001026655-24-000050
  7. 0001026655-23-000062
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001026655-23-000046
  9. 0001026655-22-000035
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001026655-21-000024
  11. 0001026655-20-000045
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001026655-19-000031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001026655-18-000021
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001026655-17-000014
  15. 0001026655-16-000055
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
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Velarion, “Core Molding Technologies executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CMT (accessed 2026).
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15 filings cited on this page
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Peers Core Molding Technologies discloses

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

Ascent IndustriesCECO Environmental CorpCommercial Vehicle GroupDMC Global Inc.Dorman Product Inc.Douglas Dynamics Inc.FreightCar America, Inc.Gentherm IncorporatedGraham CorporationHelios Technologies, Inc.Hurco Companies, Inc.Motorcar Parts of AmericaMyers Industries, Inc.Sifco Industries, IncStoneridge, Inc.Strattec Security Corp.The Eastern CompanyTwin Disc, IncorporatedUFP Technologies, 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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