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DONALDSON Co Executive Compensation (FY25)

DCI · Bloomington, MN · Executive and director compensation, fiscal 2022 to 2025

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Data as of September 19, 2026Latest filing (8-K): November 24, 2025
13 filings cited on this page
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Published by Velarion Company Intelligence
DONALDSON Co brief$1,500Get the executive brief
364 figures on this page: 354 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
Tod Carpenter
Median of the other named officers
$1,976,951
5 officers, excluding the chief executive
Latest say-on-pay support
=
November 21, 2025
Chief executive pay ratio
To the median employee
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 — Tod Carpenter: $7,841,468$8,297,471 (5.8% higher)
Say-on-pay support: 94.5%93.6% (0.9 points lower)
CEO pay ratio: 150:1140:1 (6.7% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is DONALDSON Co's chief executive and what were they paid?
Tod Carpenter was paid $8,297,471 in total compensation as Chairman, President and Chief Executive Officer for fiscal 2025. Carpenter's total moved 5.8% higher from the $7,841,468 reported for fiscal 2024.
What was DONALDSON Co's say-on-pay result?
Shareholders supported the say-on-pay proposal with 93.6% of votes cast for or against in favor at the meeting held November 21, 2025 for fiscal 2025.
Which companies are in DONALDSON Co's peer group?
The disclosed peer group names A. O. Smith Corporation, AMETEK, Inc., Crane Company, ESAB Corporation and Flowserve Corporation, among others.
What is DONALDSON Co's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 140:1, against median employee compensation of $59,175.

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
Tod Carpenter
Chairman, President and Chief Executive Officer
Scott Robinson
Senior Vice President and Chief Financial Officer
Wim Vermeersch
Senior Vice President, Operations
Thomas Scalf
Senior Vice President, Engine Products
Richard Lewis
Senior Vice President, Industrial Products
Amy Becker
Senior Vice President, General Counsel and Secretary
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Tod Carpenter
Chairman, President and Chief Executive Officer
Scott Robinson
Chief Financial Officer
Thomas Scalf
President, Enterprise Operations and Supply Chain
Richard Lewis
President, Mobile Solutions
Amy Becker
Chief Legal Officer and Corporate Secretary
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Tod Carpenter
Chairman, President and Chief Executive Officer
Scott Robinson
Chief Financial Officer
Richard Lewis
President, Life Sciences
Thomas Scalf
President, Enterprise Operations and Supply Chain
Amy Becker
Chief Legal Officer and Corporate Secretary
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Tod Carpenter
Chairman, President and Chief Executive Officer
Richard Lewis
Chief Operating Officer
Bradley Pogalz
Chief Financial Officer
Scott Robinson
Former Chief Financial Officer
Departed during or after this year
Thomas Scalf
Former President, Enterprise Operations & Supply Chain
Departed during or after this year
Amy Becker
Chief Legal Officer and Corporate Secretary
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
Amy C. BeckerOPTION
Amy C. BeckerPSU
Bradley J. PogalzPSU
Bradley J. PogalzOptions/SARs
Bradley J. PogalzOPTION
Bradley J. PogalzOPTION
Richard B. LewisOPTION
Richard B. LewisPSU
Scott J. RobinsonPSU
Scott J. RobinsonOPTION
Thomas R. ScalfOPTION
Thomas R. ScalfPSU
Tod E. CarpenterOPTION
Tod E. CarpenterPSU
Fiscal 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
Amy BeckerOption10/1/2034
Option9/22/2032
PSU
PSU
Option9/21/2033
Thomas ScalfOption9/22/2032
Option9/21/2033
PSU
PSU
Option10/1/2034
Richard LewisOption10/1/2034
Option9/22/2032
PSU
Option9/21/2033
PSU
Bradley PogalzOption12/4/2034
Option9/22/2032
Option9/21/2033
PSU
Option10/1/2034
Scott RobinsonOption9/21/2033
Option10/1/2034
PSU
PSU
Option9/22/2032
Tod CarpenterOption9/21/2033
Option9/22/2032
PSU
PSU
Option10/1/2034
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.
Amy Becker
Chief Legal Officer and Corporate Secretary · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple
Severance cash amount
Change-in-control multiple
Excise tax treatment
Bradley Pogalz
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance cash amount
Change-in-control multiple
Excise tax treatment
Richard Lewis
Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance cash amount
Change-in-control multiple
Equity acceleration on change in control
Excise tax treatment
Thomas Scalf
Former President, Enterprise Operations & Supply Chain · Terms as described in the company’s compensation discussion · citing a 2025 filing
Excise tax treatment

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Willard D. Oberton
Trudy A. Rautio
Ajita G. Rajendra
Pilar Cruz
Jacinth C. Smiley
Douglas A. Milroy
Richard M. Olson
James J. Owens
Christopher M. Hilger
Lead independent director
Tod E. Carpenter 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
Lead independent director premium
Audit committee chair
Compensation committee chair
Nominating and governance chair
Equity is delivered as 50% Stock Options / 50% RSUs.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • A. O. Smith Corporation AOS
  • AMETEK, Inc. AME
  • Crane Company CR
  • ESAB Corporation ESAB
  • Flowserve Corporation FLS
  • Graco Inc. GGG
  • Hubbell Inc. HUBB
  • IDEX Corporation IEX
  • ITT Inc. ITT
  • Kennametal Inc. KMT
  • Lincoln Electric Holdings, Inc. LECO
  • Nordson Corporation NDSN
  • Pentair plc PNR
  • Regal Rexnord Corporation RRX
  • Snap-On Inc. SNA
  • SPX Corporation SPXC
  • The Timken Company TKR
  • The Toro Company TTC
  • Watts Water Technologies, Inc. WTS
  • Woodward, Inc. WWD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025November 21, 2025=
2024November 22, 2024=
2023November 22, 2024=
2022November 17, 2023=
2021November 18, 2022=
2020November 19, 2021=
2019November 20, 2020=
2018November 22, 2019=
2017November 30, 2018=
2016November 17, 2017=

Chief executive pay ratio

As calculated and reported by the company.
Ratio
Median employee compensation
Chief executive total compensation
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What this page does not include

Everything above is a fact DONALDSON Co disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where DONALDSON Co 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 — $1,500
Written 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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
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.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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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.
364 figures on this page: 354 cited to the filing that reported them, 10 calculated from figures it prints.
354 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000029644-25-000133
  2. 0000029644-25-000120
    Compensation Discussion and Analysis · DIRECTOR COMPENSATION · Fiscal 2025 Director Compensation · Grants of Plan-Based Awards Table · and 3 more sections
  3. 0000029644-24-000174
  4. 0000029644-24-000132
    Grants of Plan-Based Awards Table · Summary Compensation Table
  5. 0000029644-23-000124
  6. 0000029644-23-000108
    Summary Compensation Table
  7. 0000029644-22-000135
  8. 0000029644-22-000113
    Summary Compensation Table
  9. 0000029644-21-000038
  10. 0001628280-20-016712
  11. 0000029644-19-000036
  12. 0000029644-18-000030
  13. 0000029644-17-000024
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “DONALDSON Co executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DCI (accessed 2026).
Short form: data: Velarion

The DONALDSON Co brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
13 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
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Peers DONALDSON Co discloses

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

A. O. Smith CorporationAMETEK, Inc.Crane CompanyESAB CorporationFlowserve CorporationGraco Inc.Hubbell Inc.IDEX CorporationITT Inc.Kennametal Inc.Lincoln Electric Holdings, Inc.Nordson CorporationPentair plcRegal Rexnord CorporationSnap-On Inc.SPX CorporationThe Timken CompanyThe Toro CompanyWatts Water Technologies, Inc.Woodward, 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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