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Tech — Hardware

Emerson Electric Executive Compensation (FY25)

EMR · St Louis, MO · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Lal Karsanbhai
Latest say-on-pay support
=
February 3, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 27, 2026Latest filing (8-K): February 6, 2026
15 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Emerson Electric brief$500Get the executive brief
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320 figures on this page: 309 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 — Lal Karsanbhai: $20,096,283 → $21,240,262 (5.7% higher)
CEO pay ratio: 426:1 → 402:1 (5.6% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Emerson Electric's chief executive and what were they paid?
Lal Karsanbhai was paid $21,240,262 in total compensation as President & Chief Executive Officer for fiscal 2025. Karsanbhai's total moved 5.7% higher from the $20,096,283 reported for fiscal 2024.
What was Emerson Electric's say-on-pay result?
Shareholders supported the say-on-pay proposal with 89.6% of votes cast including abstentions in favor at the meeting held February 3, 2026 for fiscal 2025.
Which companies are in Emerson Electric's peer group?
The disclosed peer group names Agilent Technologies, Carrier, Cummins, Danaher and DuPont, among others.
What is Emerson Electric's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 402:1, against median employee compensation of $52,916.

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
Surendralal Karsanbhai
President and Chief Executive Officer
◇◇◇———◇◇
Sara Bosco
Senior Vice President, Secretary and General Counsel
◇◇◇——◇◇◇
Frank Dellaquila
Executive Vice President and Chief Financial Officer
◇◇◇———◇◇
Ram Krishnan
Executive Vice President and Chief Operating Officer
◇◇◇———◇◇
Mark Bulanda
Executive President Automation Solutions
◇◇◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lal Karsanbhai
President & Chief Executive Officer
◇—◇—◇◇◇◇
Ram Krishnan
Executive Vice President and Chief Operating Officer
◇—◇—◇◇◇◇
Sara Bosco
Senior Vice President, Secretary and Chief Legal Officer
◇—◇—◇◇◇◇
Michael Baughman
Executive Vice President, Chief Financial Officer and Chief Accounting Officer
◇—◇—◇—◇◇
Michael Train
Senior Vice President and Chief Sustainability Officer
◇—◇—◇◇◇◇
Frank Dellaquila
Former Senior Executive Vice President and Chief Financial Officer
Departed during or after this year
◇———◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lal Karsanbhai
President & Chief Executive Officer
◇—◇—◇◇◇◇
Ram Krishnan
Executive Vice President and Chief Operating Officer
◇—◇—◇◇◇◇
Michael Tang
Senior Vice President, Secretary and Chief Legal Officer
◇◇◇—◇—◇◇
Michael Baughman
Executive Vice President, Chief Financial Officer and Chief Accounting Officer
◇—◇—◇—◇◇
Michael Train
Senior Vice President and Chief Sustainability Officer
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lal Karsanbhai
President & Chief Executive Officer
◇—◇—◇◇◇◇
Ram Krishnan
Executive Vice President and Chief Operating Officer
◇—◇—◇◇◇◇
Michael Baughman
Executive Vice President, Chief Financial Officer and Chief Accounting Officer
◇—◇—◇◇◇◇
Michael Train
Senior Vice President and Chief Sustainability Officer
◇—◇—◇◇◇◇
Michael Tang
Senior Vice President, Secretary and Chief Legal 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
Lal KarsanbhaiPSU◇◇◇—◇—◇
Lal KarsanbhaiRSU◇——◇——◇
Michael BaughmanRSU◇——◇——◇
Michael BaughmanPSU◇◇◇—◇—◇
Michael TangRSU◇——◇——◇
Michael TangPSU◇◇◇—◇—◇
Michael TrainRSU◇——◇——◇
Michael TrainPSU◇◇◇—◇—◇
Ram KrishnanRSU◇——◇——◇
Ram KrishnanPSU◇◇◇—◇—◇
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
Lal KarsanbhaiRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇2/1/26
Ram KrishnanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Michael TangRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Michael BaughmanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇—◇10/16/27
RSU◇◇——
RSU◇◇——
Michael TrainRSU◇◇——
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.
Lal Karsanbhai
Chief Executive Officer · Terms as described in the company’s compensation discussion
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Michael Baughman
Executive Vice President, Chief Financial Officer and Chief Accounting Officer · Terms as described in the company’s compensation discussion
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Michael Tang
Senior Vice President, Secretary and Chief Legal Officer · Terms as described in the company’s compensation discussion
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Michael Train
Senior Vice President and Chief Sustainability Officer · Terms as described in the company’s compensation discussion
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Ram Krishnan
Executive Vice President and Chief Operating Officer · Terms as described in the company’s compensation discussion
Excise tax treatment◇
Non-compete period◇
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
James S. Turley
◇◇————◇
Lori M. Lee
◇◇———◇◇
Joshua B. Bolten
◇◇———◇◇
Gloria A. Flach
◇◇————◇
James M. McKelvey
◇◇————◇
Matthew S. Levatich
◇◇———◇◇
Mark A. Blinn
◇◇————◇
Calvin G. Butler Jr
◇◇————◇
Martin S. Craighead
◇◇————◇
Leticia Gonçalves Lourenco
◇◇————◇
William H. Easter III
◇————◇◇
Lal Karsanbhai 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◇
Board meeting fee◇
Committee meeting fee◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Agilent Technologies A
  • Carrier CARR
  • Cummins CMI
  • Danaher DHR
  • DuPont DD
  • Eaton ETN
  • Fortive FTV
  • General Dynamics GD
  • Honeywell HON
  • Illinois Tool Works ITW
  • Johnson Controls JCI
  • Keysight Technologies KEYS
  • Northrop Grumman NOC
  • Parker-Hannifin PH
  • Rockwell Automation ROK
  • Roper Technologies ROP
  • TE Connectivity TEL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025February 3, 2026=◇◇◇
2024February 4, 2025=◇◇◇
2023February 6, 2024=◇◇◇
2022February 7, 2023=◇◇◇
2021February 1, 2022=◇◇◇
2020February 2, 2021=◇◇◇
2019February 4, 2020=◇◇◇
2018February 5, 2019=◇◇◇
2017February 6, 2018=◇◇◇
2016February 7, 2017=◇◇◇
2015February 2, 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?”
- Lal Karsanbhai (President & Chief Executive Officer), FY2025 total compensation $21,240,262 (base salary $1,537,500) [exec_comp, SEC accession 0000032604-25-000103, filed 2025-12-12]

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What this page does not include

Everything above is a fact Emerson Electric disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Emerson Electric 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 — $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.
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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.
320 figures on this page: 309 cited to the filing that reported them, 11 calculated from figures it prints.
309 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000032604-26-000017
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000032604-25-000103
    CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation Table · Grants of Plan-Based Awards · and 2 more sections
  3. 0000032604-25-000036
  4. 0000032604-24-000057
    Summary Compensation Table
  5. 0001193125-24-029918
  6. 0001193125-23-291718
    Summary Compensation Table
  7. 0001193125-23-032560
  8. 0001193125-22-301782
    Summary Compensation Table
  9. 0001193125-22-028328
  10. 0001193125-21-030592
  11. 0001193125-20-028136
  12. 0001193125-19-032220
  13. 0000032604-18-000017
  14. 0001628280-17-001100
  15. 0000032604-16-000064
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Velarion, “Emerson Electric executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/EMR (accessed 2026).
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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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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Emerson Electric discloses

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

Agilent TechnologiesCarrierCumminsDanaherDuPontEatonFortiveGeneral DynamicsHoneywellIllinois Tool WorksJohnson ControlsKeysight TechnologiesNorthrop GrummanParker-HannifinRockwell AutomationRoper TechnologiesTE Connectivity

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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