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Deluxe Executive Compensation (FY25)

DLX · Executive and director compensation, fiscal 2023 to 2025

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Data as of September 19, 2026Latest filing (8-K): April 24, 2026
10 filings cited on this page
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253 figures on this page: 246 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Barry McCarthy
Median of the other named officers
$2,171,878
5 officers, excluding the chief executive
Latest say-on-pay support
=
April 23, 2026
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 — Barry McCarthy: $7,125,058 → $7,537,323 (5.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Deluxe's chief executive and what were they paid?
Total compensation for Barry McCarthy, President and Chief Executive Officer, came to $7,537,323 in fiscal 2025. Compared with the $7,125,058 reported for fiscal 2024, McCarthy's total was 5.8% higher.
What was Deluxe's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 96.8% of votes cast for or against in favor at the meeting held April 23, 2026.
Which companies are in Deluxe's peer group?
The disclosed peer group names ACCO Brands, Brady Corp., Bread Financial, Broadridge Financial and CBIZ, among others.
What is Deluxe's chief executive pay ratio?
The company reported a chief executive pay ratio of 100:1 for fiscal 2025, against median employee compensation of $75,650.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Barry McCarthy
President and Chief Executive Officer
◇—◇—◇—◇◇
Tracey Engelhardt
Senior Vice President, President, Print
◇—◇—◇◇◇◇
Yogaraj Jeyaprakasam
Senior Vice President, Chief Technology and Digital Officer
◇—◇—◇◇◇◇
William Zint
Senior Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Barry McCarthy
President and Chief Executive Officer
◇—◇—◇—◇◇
Tracey Engelhardt
Senior Vice President, President, Print
◇—◇—◇◇◇◇
William Zint
Senior Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Yogaraj Jeyaprakasam
Senior Vice President, Chief Technology and Digital Officer
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Barry McCarthy
President and Chief Executive Officer
◇—◇—◇—◇◇
Tracey Engelhardt
Senior Vice President, President, Print
◇—◇—◇◇◇◇
William Zint
Senior Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Yogaraj Jeyaprakasam
Senior Vice President, Chief Technology and Digital Officer
◇—◇—◇◇◇◇
Jeffrey Cotter
Senior Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary
◇—◇—◇◇◇◇
Garry Capers Jr.
Senior Vice President, President, B2B Payments
◇—◇—◇—◇◇
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
Barry McCarthyPSU——————◇
Garry L. Capers Jr.RSU◇——◇——◇
Garry L. Capers Jr.PSU◇◇◇—◇—◇
Jeffrey CotterPSU——————◇
Tracey EngelhardtPSU——————◇
William ZintPSU——————◇
Yogaraj JeyaprakasamPSU——————◇
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
William ZintRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Tracey EngelhardtRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Yogaraj JeyaprakasamRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Garry Capers Jr.RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Barry McCarthyRSU◇◇——
RSU◇◇——
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.
Barry McCarthy
President and Chief Executive Officer · Severance agreement
Severance base◇
Change-in-control base◇
Clawback◇
Tracey Engelhardt
Senior Vice President, President, Print · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Equity acceleration on change in control◇
William Zint
Senior Vice President, Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Yogaraj Jeyaprakasam
Senior Vice President, Chief Technology and Digital Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Cheryl E. Mayberry McKissack
◇◇————◇
Paul R. Garcia
◇◇————◇
John L. Stauch
◇◇————◇
Thomas J. Reddin
◇◇————◇
Angela L. Brown
◇◇————◇
Telisa L. Yancy
◇◇————◇
Hugh S. (Beau) Cummins III
◇◇————◇
Morgan M. (Mac) Schuessler Jr
◇◇————◇
Michelle T. Collins
◇◇————◇
Barry C. McCarthy 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.
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◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ACCO Brands ACCO
  • Brady Corp. BRC
  • Bread Financial BFH
  • Broadridge Financial BR
  • CBIZ CBZ
  • Cimpress CMPR
  • Conduent CNDT
  • Dun Bradstreet DNB
  • Equifax EFX
  • Evertec EVTC
  • Fair Isaac FICO
  • Insperity NSP
  • Iron Mountain IRM
  • Jack Henry Associates JKHY
  • Mathews Intl. symbol not shown
  • Pitney Bowes PBI
  • Quad Graphics QUAD
  • WEX WEX

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 23, 2026=◇◇◇
2024April 24, 2025=◇◇◇
2023April 25, 2024=◇◇◇
2022April 26, 2023=◇◇◇
2021April 27, 2022=◇◇◇
2020April 28, 2021=◇◇◇
2019April 29, 2020=◇◇◇

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 Deluxe disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Deluxe 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.
253 figures on this page: 246 cited to the filing that reported them, 7 calculated from figures it prints.
246 cited to the filing
7 calculated from the filing

Documents cited

  1. 0000027996-26-000087
  2. 0000027996-26-000085
    Compensation Discussion and Analysis · SUMMARY COMPENSATION TABLE
  3. 0000027996-26-000074
    Compensation Tables · Summary Compensation Table
  4. 0000027996-25-000133
  5. 0000027996-24-000114
  6. 0000027996-24-000120
    Exhibit
  7. 0000027996-23-000104
  8. 0000027996-22-000139
  9. 0000027996-21-000123
  10. 0000027996-20-000074
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Deluxe executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/DLX (accessed 2026).
Short form: data: Velarion

The Deluxe 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.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
10 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 Deluxe discloses

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

ACCO BrandsBrady Corp.Bread FinancialBroadridge FinancialCBIZCimpressConduentDun BradstreetEquifaxEvertecFair IsaacInsperityIron MountainJack Henry AssociatesPitney BowesQuad GraphicsWEX

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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