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Industrials & Aerospace

Gentex Executive Compensation (FY25)

GNTX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Steve Downing
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 4, 2026Latest filing (8-K): May 26, 2026
15 filings cited on this page
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295 figures on this page: 284 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Gentex

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 — Steve Downing: $4,780,362 → $5,945,970 (24.4% higher)
Say-on-pay support: 95.7% → 97.4% (1.7 points higher)
CEO pay ratio: 85:1 → 102:1 (20.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Gentex's chief executive and what were they paid?
Total compensation for Steve Downing, President and CEO, came to $5,945,970 in fiscal 2025. Downing's total moved 24.4% higher from the $4,780,362 reported for fiscal 2024.
What was Gentex's say-on-pay result?
Shareholders supported the say-on-pay proposal with 97.4% of votes cast for or against in favor at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Gentex's peer group?
The disclosed peer group includes Allison Transmission Holdings, Inc., Barnes Group Inc., Cooper-Standard Holdings, Donaldson Company, Inc. and Dorman Products, Inc., among others.
What is Gentex's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 102:1, against median employee compensation of $58,562.

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
Steve Downing
President and CEO
◇—◇—◇—◇◇
Kevin Nash
Vice President - Finance, CFO and Treasurer
◇—◇—◇—◇◇
Neil Boehm
Vice President - Engineering and CTO
◇—◇—◇—◇◇
Matt Chiodo
Vice President - Sales
◇—◇—◇—◇◇
Scott Ryan
Vice President, General Counsel and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Downing
President and CEO
◇—◇—◇—◇◇
Kevin Nash
Vice President, Finance, CFO and Treasurer
◇—◇—◇—◇◇
Neil Boehm
Vice President - Engineering and CTO
◇—◇—◇—◇◇
Matt Chiodo
Senior Vice President - Sales and Chief Sales Officer
◇—◇—◇—◇◇
Scott Ryan
Vice President, General Counsel and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Downing
President and CEO
◇—◇—◇—◇◇
Neil Boehm
Vice President - Engineering and CTO
◇—◇—◇—◇◇
Kevin Nash
Vice President - Finance, CFO and Treasurer
◇—◇—◇—◇◇
Matt Chiodo
Vice President - Sales
◇—◇—◇—◇◇
Scott Ryan
Vice President, General Counsel and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Downing
President and CEO
◇—◇—◇—◇◇
Neil Boehm
Vice President - Engineering and CTO
◇—◇—◇—◇◇
Kevin Nash
Vice President, Finance, CFO and Treasurer
◇—◇—◇—◇◇
Matt Chiodo
Senior Vice President - Sales and Chief Sales Officer
◇—◇—◇—◇◇
Scott Ryan
Vice President, General Counsel 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
Kevin NashPSU◇◇◇◇◇—◇
Matt ChiodoPSU◇◇◇◇◇—◇
Neil BoehmPSU◇◇◇◇◇—◇
Scott RyanPSU◇◇◇◇◇—◇
Steve DowningPSU◇◇◇◇◇—◇
Fiscal 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
Steve DowningRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Kevin NashRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Neil BoehmRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Matt ChiodoRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Scott RyanRSU◇◇——
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.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Schaum
Board chair
◇◇———◇◇
Garth Deur
◇◇———◇◇
Brian Walker
◇◇———◇◇
Leslie Brown
◇◇———◇◇
Kathleen Starkoff
◇◇———◇◇
Joseph Anderson
◇◇———◇◇
Ling Zang
◇◇———◇◇
Billy Pink
◇◇———◇◇
Steve Downing and John C. Kennedy 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◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Allison Transmission Holdings, Inc. ALSN
  • Barnes Group Inc. B
  • Cooper-Standard Holdings CPS
  • Donaldson Company, Inc. DCI
  • Dorman Products, Inc. DORM
  • Federal Signal Corporation FSS
  • Franklin Electric Company, Inc. FELE
  • Gentherm Incorporated THRM
  • Graco Inc. GGG
  • IDEX Corporation IEX
  • ITT Incorporated ITT
  • LCI Industries LCII
  • Littelfuse, Inc. LFUS
  • Methode Electronics, Inc. MEI
  • Modine Manufacturing Company MOD
  • Nordson Corporation NDSN
  • SPX Technologies, Inc. SPXC
  • Standard Motor Products, Inc. SMP
  • Visteon Corporation VC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 16, 2024=◇◇◇
2022May 18, 2023=◇◇◇
2021May 19, 2022=◇◇◇
2020May 20, 2021=◇◇◇
2019May 21, 2020=◇◇◇
2018May 16, 2019=◇◇◇
2017May 17, 2018=◇◇◇
2016May 18, 2017=◇◇◇
2015May 19, 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?”
- Steve Downing (President and CEO), FY2025 total compensation $5,945,970 (base salary $850,000) [exec_comp, SEC accession 0000355811-26-000016, filed 2026-04-09]

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What this page does not include

Everything above is a fact Gentex disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Gentex 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.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
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.
295 figures on this page: 284 cited to the filing that reported them, 11 calculated from figures it prints.
284 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000355811-26-000028
  2. 0000355811-26-000016
    DIRECTOR COMPENSATION · Outstanding Equity Awards at Fiscal Year-End at December 31, 2025 · PAY RATIO · Summary Compensation
  3. 0000355811-25-000032
  4. 0000355811-25-000018
  5. 0000355811-24-000029
  6. 0000355811-24-000019
    Summary Compensation
  7. 0000355811-23-000038
  8. 0000355811-23-000023
    Summary Compensation Table
  9. 0000355811-22-000024
  10. 0000355811-21-000024
  11. 0000355811-20-000030
  12. 0000355811-19-000023
  13. 0000355811-18-000025
  14. 0000355811-17-000034
  15. 0000355811-16-000074
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Gentex executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/GNTX (accessed 2026).
Short form: data: Velarion

The paid brief for Gentex

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$500 for the Executive Compensation Report. Both reports for $900.
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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Industrials & Aerospace rankings

Chief executive pay — Industrials & AerospaceCEO pay ratio — Industrials & AerospaceSay-on-pay support — Industrials & Aerospace

Peers Gentex discloses

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

Allison Transmission Holdings, Inc.Barnes Group Inc.Cooper-Standard HoldingsDonaldson Company, Inc.Dorman Products, Inc.Federal Signal CorporationFranklin Electric Company, Inc.Gentherm IncorporatedGraco Inc.IDEX CorporationITT IncorporatedLCI IndustriesLittelfuse, Inc.Methode Electronics, Inc.Modine Manufacturing CompanyNordson CorporationSPX Technologies, Inc.Standard Motor Products, Inc.Visteon Corporation

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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