Industrials & Aerospace

Franklin Electric CO Executive Compensation (FY25)

Name: Franklin Electric CO (FELE) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

FELE · Fort Wayne, IN · Executive and director compensation, fiscal 2022 to 2025

Chief executive, fiscal 2025

◇

Joseph Ruzynski

Median of the other named officers

$1,440,748

6 officers, excluding the chief executive

Latest say-on-pay support

May 8, 2026

Chief executive pay ratio

◇

To the median employee

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Data as of November 4, 2026Latest filing (8-K): May 11, 2026

14 filings cited on this page

Method: intel.velarion.ai/methodology

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306 figures on this page: 296 cited to the filing that reported them, 10 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 — Joseph Ruzynski: $6,399,979 → $5,072,064 (20.7% lower)

Say-on-pay support: 93.8% → 95.1% (1.3 points higher)

CEO pay ratio: 251.2:1 → 162:1 (35.5% lower)

Frequently asked questions

Answers drawn from the data on this page.

Who is Franklin Electric CO's chief executive and what were they paid?

Joseph Ruzynski, Chief Executive Officer (CEO), received $5,072,064 in total compensation for fiscal 2025. Compared with the $6,399,979 reported for fiscal 2024, Ruzynski's total was 20.7% lower.

What was Franklin Electric CO's say-on-pay result?

For fiscal 2025, shareholders backed the say-on-pay proposal with 95.1% of votes cast for or against in favor at the meeting held May 8, 2026.

Which companies are in Franklin Electric CO's peer group?

The disclosed peer group names Chart Industries, Inc., Crane Holdings Co., Curtiss-Wright Corporation, Donaldson Company, Inc. and ESCO Technologies, Inc., among others.

What is Franklin Electric CO's chief executive pay ratio?

The company reported a chief executive pay ratio of 162:1 for fiscal 2025, against median employee compensation of $31,379.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Gregg Sengstack Executive Chairperson of the Company, Chair of the Board and Former Chief Executive Officer (CEO)	◇	—	◇	◇	◇	◇	◇	◇
Donald Kenney Former VP and President, Global Water	◇	—	◇	◇	◇	—	◇	◇
Jeffery Taylor VP, Chief Financial Officer (CFO)	◇	—	◇	◇	◇	—	◇	◇
DeLancey Davis VP and President, Headwater Companies	◇	—	◇	◇	◇	—	◇	◇
Jay Walsh VP and President, Fueling Systems	◇	—	◇	◇	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Gregg Sengstack Executive Chairperson of the Company, Chair of the Board and Former Chief Executive Officer (CEO)	◇	—	◇	◇	◇	◇	◇	◇
Jeffery Taylor VP, Chief Financial Officer (CFO)	◇	—	◇	◇	◇	—	◇	◇
Donald Kenney Former VP and President, Global Water Departed during or after this year	◇	—	◇	◇	◇	—	◇	◇
Jonathan Grandon VP, Chief Administrative Officer (CAO), General Counsel and Corporate Secretary	◇	—	◇	◇	◇	—	◇	◇
DeLancey Davis VP and President, Headwater Companies	◇	—	◇	◇	◇	—	◇	◇
Jay Walsh VP and President, Fueling Systems	◇	—	◇	◇	◇	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Gregg Sengstack Executive Chairperson of the Company, Chair of the Board and Former Chief Executive Officer (CEO) Departed during or after this year	◇	—	◇	◇	◇	◇	◇	◇
Joseph Ruzynski Chief Executive Officer (CEO)	◇	◇	◇	◇	◇	—	◇	◇
Jeffery Taylor VP, Chief Financial Officer (CFO)	◇	—	◇	◇	◇	—	◇	◇
Jonathan Grandon VP, Chief Administrative Officer (CAO), General Counsel and Corporate Secretary	◇	—	◇	◇	◇	—	◇	◇
Gregory Levine VP and President, Global Water	◇	—	◇	◇	◇	—	◇	◇
DeLancey Davis VP and President, Headwater Companies	◇	—	◇	◇	◇	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Joseph Ruzynski Chief Executive Officer (CEO)	◇	—	◇	◇	◇	—	◇	◇
Jennifer Wolfenbarger VP, Chief Financial Officer (CFO)	◇	◇	◇	—	◇	—	◇	◇
Jonathan Grandon VP, Chief Administrative Officer (CAO), General Counsel and Corporate Secretary	◇	—	◇	◇	◇	—	◇	◇
DeLancey Davis VP and President, Headwater Companies	◇	—	◇	◇	◇	—	◇	◇
Gregory Levine VP and President, Global Water	◇	—	◇	◇	◇	—	◇	◇
Russell Fleeger Former Interim Chief Financial Officer Departed during or after this year Served on an interim basis	◇	◇	◇	◇	—	—	◇	◇
Jeffery Taylor Former VP, Chief Financial Officer (CFO) 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

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
DeLancey W. Davis	OPTION	◇	—	—	◇	—	◇	◇
Gregory M. Levine	OPTION	◇	—	—	◇	—	◇	◇
Jennifer A. Wolfenbarger	RSU	◇	—	—	◇	—	—	◇
Jonathan M. Grandon	OPTION	◇	—	—	◇	—	◇	◇
Joseph A. Ruzynski	OPTION	◇	—	—	◇	—	◇	◇
Russell Fleeger	OPTION	◇	—	—	◇	—	◇	◇

Fiscal 2022, 2023 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

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Joseph Ruzynski	PSU	◇	◇	—	—
	Option	◇	—	◇	7/1/2034
	Option	◇	—	◇	2/20/2035
	RSU	◇	◇	—	—
Jennifer Wolfenbarger	RSU	◇	◇	—	—
Jonathan Grandon	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	2/20/2035
	Option	◇	—	◇	2/22/2034
	Option	◇	—	◇	2/16/2033
Jeffery Taylor	PSU	◇	◇	—	—
DeLancey Davis	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	2/20/2035
	Option	◇	—	◇	2/22/2034
	Option	◇	—	◇	2/16/2033
Gregory Levine	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	2/20/2035
	Option	◇	—	◇	2/22/2034

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.

DeLancey Davis

VP and President, Headwater Companies · Severance agreement

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-solicit period	◇

Gregory Levine

VP and President, Global Water · Severance agreement

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-solicit period	◇

Jennifer Wolfenbarger

VP, Chief Financial Officer (CFO) · Change-in-control agreement

Severance multiple	◇
Change-in-control multiple	◇
Equity acceleration on change in control	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Excise tax treatment	◇
Non-solicit period	◇

Jonathan Grandon

VP, Chief Administrative Officer (CAO), General Counsel and Corporate Secretary · severance or cic

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-solicit period	◇

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Gregg C. Sengstack Board chair	◇	◇	—	—	—	◇	◇
Jennifer L. Sherman	◇	◇	—	—	—	—	◇
Alok Maskara	◇	◇	—	—	—	—	◇
Renee J. Peterson	◇	◇	—	—	—	—	◇
Victor D. Grizzle	◇	◇	—	—	—	—	◇
Chris Villavarayan	◇	◇	—	—	—	—	◇
Mark A. Carano	◇	◇	—	—	—	—	◇

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	◇
Audit committee member	◇
Compensation committee chair	◇
Compensation committee member	◇
Nominating and governance chair	◇
Nominating and governance member	◇

Equity is delivered as Stock (immediately vesting).

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

Chart Industries, Inc. CTI
Crane Holdings Co. CRH
Curtiss-Wright Corporation CW
Donaldson Company, Inc. DCI
ESCO Technologies, Inc. ESCO
Graco, Inc. GRACO
Helios Technologies, Inc. HLIO
Hillenbrand, Inc. symbol not shown
IDEX Corporation IEX
ITT, Inc. ITT
Kadant Inc. KNDT
Lindsay Corporation LNN
Mueller Water Products, Inc. MUE
Nordson Corporation NDSN
Pentair plc PNR
RBC Bearings, Inc. RBC
Standex International Corp. SXI
The Timken Co. TKR
TriMas Corporation TRMC
Vontier Corporation VNT
Watts Water Technologies, Inc. WTS
Woodward, Inc. WWD
Zurn Elkay Water Solutions Corp ZWS

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	May 8, 2026	=	◇	◇	◇
2024	May 2, 2025	=	◇	◇	◇
2023	May 3, 2024	=	◇	◇	◇
2022	May 5, 2023	=	◇	◇	◇
2021	May 6, 2022	=	◇	◇	◇
2020	May 7, 2021	=	◇	◇	◇
2019	May 8, 2020	=	◇	◇	◇
2018	May 3, 2019	=	◇	◇	◇
2017	May 4, 2018	=	◇	◇	◇
2016	May 5, 2017	=	◇	◇	◇

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?”

- Joseph Ruzynski (Chief Executive Officer (CEO)), FY2025 total compensation $5,072,064 (base salary $900,000) [exec_comp, SEC accession 0000038725-26-000017, filed 2026-03-25]

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What this page does not include

Everything above is a fact Franklin Electric CO disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Franklin Electric 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.

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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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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.

306 figures on this page: 296 cited to the filing that reported them, 10 calculated from figures it prints.

296 cited to the filing

10 calculated from the filing

Documents cited

8-K, filed May 11, 2026
0000038725-26-000030
Proposal 3 - Advisory Vote on Executive Compensation To consider, on an advisory basis, the executive compensation of the named executive officers as disclosed in the proxy statement.
DEF 14A, filed March 25, 2026
0000038725-26-000017
Compensation Discussion and Analysis · Director Compensation · Summary Compensation Table
8-K, filed May 5, 2025
0000038725-25-000088
Proposal 3 - Advisory Vote on Executive Compensation To consider, on an advisory basis, the executive compensation of the named executive officers as disclosed in the proxy statement.
DEF 14A, filed March 19, 2025
0000038725-25-000060
Summary Compensation Table
8-K, filed May 3, 2024
0000038725-24-000096
DEF 14A, filed March 19, 2024
0000038725-24-000062
8-K, filed May 9, 2023
0000038725-23-000092
DEF 14A, filed March 21, 2023
0000038725-23-000051
8-K, filed May 6, 2022
0000038725-22-000082
8-K, filed May 7, 2021
0000038725-21-000096
8-K, filed May 8, 2020
0000038725-20-000119
8-K, filed May 3, 2019
0000038725-19-000124
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 7, 2018
0000038725-18-000090
8-K, filed May 9, 2017
0000038725-17-000111

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Velarion, “Franklin Electric CO executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FELE (accessed 2026).

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14 filings cited on this page

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Industrials & Aerospace rankings

Chief executive pay — Industrials & Aerospace CEO pay ratio — Industrials & Aerospace Say-on-pay support — Industrials & Aerospace

Peers Franklin Electric CO discloses

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

Crane Holdings Co.Curtiss-Wright Corporation Donaldson Company, Inc.Helios Technologies, Inc.IDEX Corporation ITT, Inc.Lindsay Corporation Nordson Corporation Pentair plc RBC Bearings, Inc.Standex International Corp.The Timken Co.Vontier Corporation Watts Water Technologies, Inc.Woodward, Inc.Zurn Elkay Water Solutions Corp

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Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

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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}
}