Tech — Hardware
Kimball Electronics Executive Compensation (FY26)
KE · Jasper, IN · Executive and director compensation, fiscal 2022 to 2026
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Data as of October 9, 2026Latest filing (DEF 14A): September 30, 2026
12 filings cited on this page
Method: intel.velarion.ai/methodology
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290 figures on this page: 280 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Richard Phillips: $3,982,601 → $6,080,030 (52.7% higher)
Say-on-pay support: 97.3% → 98.1% (0.8 points higher)
CEO pay ratio: 301:1 → 399:1 (32.6% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Kimball Electronics' chief executive and what were they paid?
Richard Phillips was paid $6,080,030 in total compensation as Chief Executive Officer for fiscal 2026. Compared with the $3,982,601 reported for fiscal 2025, Phillips' total was 52.7% higher.
What was Kimball Electronics' say-on-pay result?
Shareholders supported the say-on-pay proposal with 98.1% of votes cast for or against in favor at the meeting held November 14, 2025 for fiscal 2025.
Which companies are in Kimball Electronics' peer group?
Companies named in the disclosed peer group include Bel Fuse Inc., Benchmark Electronics, Inc., CTS Corporation, Daktronics, Inc. and ePlus inc., among others.
What is Kimball Electronics' chief executive pay ratio?
The company reported a chief executive pay ratio of 399:1 for fiscal 2026, against median employee compensation of $15,257.
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 |
|---|---|---|---|---|---|---|---|---|
Donald Charron Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
John Kahle Former Vice President, General Counsel, Chief Compliance Officer, Secretary Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Steven Korn President, Global EMS Operations | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Christopher Thyen Vice President, New Platforms | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jana Croom Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kathy Thomson Vice President, Global Business Development and Design Services | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Richard Phillips Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Steven Korn Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jana Croom Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Douglas Hass Chief Legal & Compliance Officer, Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kathy Thomson Chief Commercial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Richard Phillips Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Steven Korn Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jana Croom Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kathy Thomson Chief Commercial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Douglas Hass Chief Legal & Administrative Officer, Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Richard Phillips Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Steven Korn Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jana Croom Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kathy Thomson Chief Commercial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Douglas Hass Chief Legal & Administrative Officer, Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2026
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Richard Phillips Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jana Croom Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Steven Korn Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Douglas Hass Chief Legal & Administrative Officer, Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kathy Thomson Chief Commercial 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 2026
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Jana T. Croom | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jana T. Croom | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kathy R. Thomson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kathy R. Thomson | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Richard D. Phillips | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Richard D. Phillips | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Steven T. Korn | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Steven T. Korn | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2023, 2024, 2025 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 2026 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Kathy Thomson | RSU | ◇ | = | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Steven Korn | RSU | ◇ | = | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Douglas Hass | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Jana Croom | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Richard Phillips | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — |
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.
Douglas Hass
Chief Legal & Administrative Officer, Secretary · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Jana Croom
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Kathy Thomson
Chief Commercial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Richard Phillips
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Steven Korn
Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Robert J. Phillippy Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Holly A. Van Deursen | ◇ | ◇ | — | — | — | — | ◇ |
Tom G. Vadaketh | ◇ | ◇ | — | — | — | — | ◇ |
Gregory A. Thaxton | ◇ | ◇ | — | — | — | — | ◇ |
Gregory J. Lampert | ◇ | ◇ | — | — | — | — | ◇ |
Colleen C. Repplier | ◇ | ◇ | — | — | — | — | ◇ |
Michele A. M. Holcomb | ◇ | ◇ | — | — | — | — | ◇ |
Richard D. Phillips served on the board in fiscal 2026 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 | ◇ |
Equity is delivered as Stock.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
- Bel Fuse Inc. BELFB
- Benchmark Electronics, Inc. BHE
- CTS Corporation CTS
- Daktronics, Inc. DAKT
- ePlus inc. PLUS
- Fabrinet Co. Ltd. FN
- Itron, Inc. ITRI
- Knowles Corporation KN
- Methode Electronics, Inc. MEI
- OSI Systems, Inc. OSIS
- Plexus Corp. PLXS
- Powell Industries, Inc. POWL
- Preformed Line Products Company PLPC
- Rogers Corporation ROG
- Sanmina Corporation SANM
- TTM Technologies, Inc. TTMI
- Vishay Intertechnology, Inc. VSH
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | November 14, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | November 15, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | November 17, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | November 11, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | November 9, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | November 10, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | November 7, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | November 8, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
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- Richard Phillips (Chief Executive Officer), FY2026 total compensation $6,080,030 (base salary $916,423) [exec_comp, SEC accession 0001606757-26-000056, filed 2026-09-30]What this page does not include
Everything above is a fact Kimball Electronics disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Kimball Electronics 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.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
290 figures on this page: 280 cited to the filing that reported them, 10 calculated from figures it prints.
280 cited to the filing
10 calculated from the filing
Documents cited
- 0001606757-26-000056CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards in Fiscal Year 202 · Outstanding Equity Awards at Fiscal Year End 202 · and 1 more section
- 0001606757-25-000072
- 0001606757-25-000046Compensation Discussion and Analysis · Summary Compensation Table
- 0001606757-24-000073
- 0001606757-24-000048Summary Compensation Table
- 0001606757-23-000067
- 0001606757-22-000060Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001606757-22-000050Summary Compensation Table
- 0001606757-21-000117
- 0001606757-20-000067
- 0001606757-19-000073Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001606757-18-000069Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Kimball Electronics executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/KE (accessed 2026).
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12 filings cited on this page
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Tech — Hardware rankings
Peers Kimball Electronics discloses
The companies named in KE's own disclosed peer group.
Bel Fuse Inc.Benchmark Electronics, Inc.CTS CorporationDaktronics, Inc.ePlus inc.Fabrinet Co. Ltd.Itron, Inc.Knowles CorporationMethode Electronics, Inc.OSI Systems, Inc.Plexus Corp.Powell Industries, Inc.Preformed Line Products CompanyRogers CorporationSanmina CorporationTTM Technologies, Inc.Vishay Intertechnology, Inc.
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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}
}