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Dover Executive Compensation (FY25)

DOV · Downers Grove, IL · Executive and director compensation, fiscal 2022 to 2025

The paid brief on Dover

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.
Data as of September 7, 2026Latest filing (8-K): May 12, 2026
15 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Dover brief$1,500Get the executive brief
407 figures on this page: 396 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Richard Tobin
Median of the other named officers
$2,217,518
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 8, 2026
Chief executive pay ratio
◇
To the median employee

More on Dover

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 — Richard Tobin: $19,230,530 → $18,757,706 (2.5% lower)
Say-on-pay support: 91.9% → 93.0% (1.1 points higher)
CEO pay ratio: 351:1 → 336:1 (4.3% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Dover's chief executive and what were they paid?
Richard Tobin, President & Chief Executive Officer, received $18,757,706 in total compensation for fiscal 2025. Tobin's total was 2.5% lower than the $19,230,530 reported for fiscal 2024.
What was Dover's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 93.0% of votes cast for or against in favor at the meeting held May 8, 2026.
Which companies are in Dover's peer group?
Companies named in the disclosed peer group include AMETEK, INC., CARLISLE COMPANIES INC., CORNING INCORPORATED, EATON CORPORATION and EMERSON ELECTRIC CO, among others.
What is Dover's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 336:1, against median employee compensation of $55,766.

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
Richard Tobin
President and Chief Executive Officer
◇◇◇◇——◇◇
Brad Cerepak
Senior Vice President and Chief Financial Officer
◇◇◇◇——◇◇
Ivonne Cabrera
Senior Vice President, General Counsel and Secretary
◇◇◇◇——◇◇
Girish Juneja
Senior Vice President and Chief Technology Officer
◇◇◇◇——◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Tobin
President and Chief Executive Officer
◇◇◇◇——◇◇
Brad Cerepak
Senior Vice President and Chief Financial Officer
◇◇◇◇—◇◇◇
Ivonne Cabrera
Senior Vice President, General Counsel and Secretary
◇◇◇◇—◇◇◇
Girish Juneja
Senior Vice President and Chief Technology Officer
◇◇◇◇——◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Tobin
President and Chief Executive Officer
◇◇◇◇——◇◇
Brad Cerepak
Senior Vice President and Chief Financial Officer
◇◇◇◇——◇◇
Ivonne Cabrera
Senior Vice President, General Counsel and Secretary
◇◇◇◇—◇◇◇
Girish Juneja
Senior Vice President and Chief Technology Officer
◇◇◇◇——◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Tobin
President & Chief Executive Officer
◇◇◇◇——◇◇
Ivonne Cabrera
Senior Vice President & General Counsel
◇◇◇◇—◇◇◇
Chris Woenker
Senior Vice President & Chief Financial Officer
◇◇◇◇—◇◇◇
Girish Juneja
Senior Vice President & Chief Digital Officer
◇◇◇◇——◇◇
Jeffrey Yehle
Senior Vice President & Chief Human Resources Officer
◇◇◇◇——◇◇
Brad Cerepak
Former Senior Vice President & Chief Financial Officer
Departed during or after this year
◇————◇◇◇
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
Chris B. WoenkerPSU——◇◇◇—◇
Chris B. WoenkerRSU———◇——◇
Chris B. WoenkerOPTION———◇—◇◇
Girish JunejaPSU——◇◇◇—◇
Girish JunejaRSU———◇——◇
Girish JunejaOPTION———◇—◇◇
Ivonne M. CabreraOPTION———◇—◇◇
Ivonne M. CabreraRSU———◇——◇
Ivonne M. CabreraPSU——◇◇◇—◇
Jeffrey C. YehleOPTION———◇—◇◇
Jeffrey C. YehleRSU———◇——◇
Jeffrey C. YehlePSU——◇◇◇—◇
Richard J. TobinRSU———◇——◇
Richard J. TobinPSU——◇◇◇—◇
Richard J. TobinOPTION———◇—◇◇
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
Jeffrey YehlePSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
PSU◇◇——
RSU◇◇——
Girish JunejaPSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Ivonne CabreraRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
PSU◇◇——
Option◇—◇—
Option◇—◇—
Brad CerepakRSU◇◇——
Option◇—◇—
Option◇—◇—
PSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
PSU◇◇——
Option◇—◇—
Chris WoenkerRSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
PSU◇◇——
Option◇—◇—
Option◇—◇—
PSU◇◇——
PSU◇◇——
Richard TobinOption◇—◇—
PSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
PSU◇◇——
PSU◇◇——
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.
Chris Woenker
Senior Vice President & Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Girish Juneja
Senior Vice President & Chief Digital Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Ivonne Cabrera
Senior Vice President & General Counsel · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Jeffrey Yehle
Senior Vice President & Chief Human Resources Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Richard Tobin
President & Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Keith E. Wandell
Lead independent director
◇◇————◇
Danita K. Ostling
◇◇————◇
Eric A. Spiegel
◇◇————◇
H. John Gilbertson, Jr
◇◇————◇
Michael Manley
◇◇————◇
Marc A. Howze
◇◇————◇
Kristiane C. Graham
◇◇————◇
Deborah L. DeHaas
◇◇————◇
Michael F. Johnston
◇◇————◇
Richard J. Tobin 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◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AMETEK, INC. AME
  • CARLISLE COMPANIES INC. CSL
  • CORNING INCORPORATED GLW
  • EATON CORPORATION ETN
  • EMERSON ELECTRIC CO EMR
  • FLOWSERVE CORPORATION FLS
  • FORTIVE CORPORATION FTV
  • ILLINOIS TOOL WORKS INC. ITW
  • INGERSOLL RAND INC. IR
  • PARKER-HANNIFIN CORPORATION PH
  • ROCKWELL AUTOMATION INC. ROK
  • ROPER TECHNOLOGIES, INC. ROP
  • SNAP-ON INCORPORATED SNA
  • STANLEY BLACK & DECKER, INC. SWK
  • TEXTRON INC. TXT
  • XYLEM, INC. XYL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 8, 2026=◇◇◇
2024May 2, 2025=◇◇◇
2023May 3, 2024=◇◇◇
2022May 5, 2023=◇◇◇
2021May 6, 2022=◇◇◇
2020May 7, 2021=◇◇◇
2019May 8, 2020=◇◇◇
2018May 2, 2019=◇◇◇
2017May 4, 2018=◇◇◇
2016May 5, 2017=◇◇◇
2015May 5, 2016=◇◇◇

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 Dover disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Dover 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.
407 figures on this page: 396 cited to the filing that reported them, 11 calculated from figures it prints.
396 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-219689
  2. 0001193125-26-120708
    CEO Pay Ratio · Compensation Discussion and Analysis · Directors’ Compensation · ELECTION OF DIRECTORS & · and 4 more sections
  3. 0001193125-25-113813
  4. 0001193125-25-058312
    Summary Compensation Table
  5. 0001193125-24-134321
  6. 0001193125-24-073302
    Summary Compensation Table
  7. 0001193125-23-140843
  8. 0001193125-23-073243
    Summary Compensation Table
  9. 0000029905-22-000018
  10. 0001193125-21-156215
  11. 0001193125-20-139047
    Voting Information
  12. 0001193125-19-139679
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-18-156289
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000029905-17-000022
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0000029905-16-000076
Cite this data
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Velarion, “Dover executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DOV (accessed 2026).
Short form: data: Velarion

The paid brief for Dover

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.
15 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 Dover discloses

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

AMETEK, INC.CARLISLE COMPANIES INC.CORNING INCORPORATEDEATON CORPORATIONEMERSON ELECTRIC COFLOWSERVE CORPORATIONFORTIVE CORPORATIONILLINOIS TOOL WORKS INC.INGERSOLL RAND INC.PARKER-HANNIFIN CORPORATIONROCKWELL AUTOMATION INC.ROPER TECHNOLOGIES, INC.SNAP-ON INCORPORATEDSTANLEY BLACK & DECKER, INC.TEXTRON INC.XYLEM, 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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