Gates Industrial Corp Executive Compensation (FY25)
GTES · Executive and director compensation, fiscal 2023 to 2025
The paid brief on Gates Industrial Corp
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 19, 2026Latest filing (DEF 14A): April 20, 2026
9 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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223 figures on this page: 217 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
More on Gates Industrial Corp
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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 — Ivo Jurek: $9,962,639 → $9,911,358 (0.5% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Gates Industrial Corp's chief executive and what were they paid?
Total compensation for Ivo Jurek, Chief Executive Officer, came to $9,911,358 in fiscal 2025. Jurek's total moved 0.5% lower from the $9,962,639 reported for fiscal 2024.
What was Gates Industrial Corp's say-on-pay result?
The say-on-pay proposal drew 98.3% of votes cast for or against in favor at the meeting held June 5, 2025 for fiscal 2024.
Which companies are in Gates Industrial Corp's peer group?
The disclosed peer group names AMETEK, Inc., Crane Company, Donaldson Company, Inc., Dover Corporation and ESAB Corporation, among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Ivo Jurek Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
L. Brooks Mallard Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Pitstick Senior Vice President, President Americas | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Cristin Bracken Executive Vice President, Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Ivo Jurek Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
L. Brooks Mallard Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Pitstick Senior Vice President, President Americas | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Cristin Bracken Executive Vice President, Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gwen Montgomery Former Executive Vice President, Chief Human Resources Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Ivo Jurek Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gwen Montgomery Former Executive Vice President, Chief Human Resources Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
L. Brooks Mallard Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Pitstick Senior Vice President, President Americas | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Cristin Bracken Executive Vice President, Chief Legal Officer 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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Cristin Bracken | — | ◇ | — | — | ◇ | — | — | ◇ |
| Cristin Bracken | — | — | — | ◇ | ◇ | ◇ | — | ◇ |
| Gwen Montgomery | PRSU | ◇ | — | — | — | — | — | ◇ |
| Ivo Jurek | — | ◇ | — | — | ◇ | — | — | ◇ |
| Ivo Jurek | — | — | — | ◇ | ◇ | ◇ | — | ◇ |
| L. Brooks Mallard | — | ◇ | — | — | ◇ | — | — | ◇ |
| L. Brooks Mallard | — | — | — | ◇ | ◇ | ◇ | — | ◇ |
| Thomas Pitstick | PRSU | ◇ | — | — | — | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Ivo Jurek | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Cristin Bracken | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| L. Brooks Mallard | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Thomas Pitstick | 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.
Cristin Bracken
Executive Vice President, Chief Legal Officer and Corporate Secretary · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Gwen Montgomery
Former Executive Vice President, Chief Human Resources Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Severance cash amount | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Ivo Jurek
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
L. Brooks Mallard
Executive Vice President, Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Thomas Pitstick
Senior Vice President, President Americas · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| 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 |
|---|---|---|---|---|---|---|---|
Neil P. Simpkins Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Fredrik Eliasson | ◇ | ◇ | — | — | — | — | ◇ |
Wilson S. Neely | ◇ | ◇ | — | — | — | — | ◇ |
James W. Ireland III | ◇ | ◇ | — | — | — | — | ◇ |
James W. Ireland, III | ◇ | ◇ | — | — | — | — | ◇ |
Molly P. Zhang | ◇ | ◇ | — | — | — | — | ◇ |
Stephanie K. Mains | ◇ | ◇ | — | — | — | — | ◇ |
Joseph S. Cantie | ◇ | ◇ | — | — | — | — | ◇ |
Alicia L. Tillman | ◇ | ◇ | — | — | — | — | ◇ |
Ivo Jurek 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 | ◇ |
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash retainer
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
- Crane Company CR
- Donaldson Company, Inc. DCI
- Dover Corporation DOV
- ESAB Corporation ESAB
- Flowserve Corporation FLS
- Franklin Electric Co., Inc. FELE
- Graco Inc. GGG
- IDEX Corporation IEX
- Ingersoll Rand Inc. IR
- Lincoln Electric Holdings, Inc. LECO
- Nordson Corporation NDSN
- Pentair plc PNR
- Regal Rexnord Corporation RRX
- SPX Technologies, Inc. SPXC
- The Timken Company TKR
- Xylem Inc XYL
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | June 5, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 20, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 8, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 9, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | June 17, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | June 22, 2020 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Gates Industrial Corp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Gates Industrial Corp 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser 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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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
223 figures on this page: 217 cited to the filing that reported them, 6 calculated from figures it prints.
217 cited to the filing
6 calculated from the filing
Documents cited
- 0001628280-26-026015Compensation Discussion and Analysis · Director Compensation table · IS REQUIRED. NONE OF GATES, NEW GATES OR THEIR RESPECTIVE ASSOCIATES, DIRECTORS, OFFICERS, AGENTS OR ADVISORS ACCEPTS · MEETINGS OF THE BOARD OF DIRECTORS
- 0001718512-25-000040Item 5.07 Submission of Matters to a Vote of Security Holders.
- 0001718512-25-0000232024 Summary Compensation Table
- 0001718512-24-000054038,442 90,304 5,037,878 Resolution 2 : To approve, on an advisory basis, named executive officer compensation: For Against Abstain Broker Non-Vote
- 0001718512-24-000025Summary Compensation Table
- 0001718512-23-000041Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001718512-22-000035Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001718512-21-000039Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001718512-20-000034Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Gates Industrial Corp executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/GTES (accessed 2026).
Short form: data: Velarion
The paid brief for Gates Industrial Corp
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
9 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 Gates Industrial Corp discloses
The companies named in GTES's own disclosed peer group.
AMETEK, Inc.Crane CompanyDonaldson Company, Inc.Dover CorporationESAB CorporationFlowserve CorporationFranklin Electric Co., Inc.Graco Inc.IDEX CorporationIngersoll Rand Inc.Lincoln Electric Holdings, Inc.Nordson CorporationPentair plcRegal Rexnord CorporationSPX Technologies, Inc.The Timken CompanyXylem Inc
Terms on this page
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}
}