Tech — Hardware
Kimball Electronics Executive Compensation (FY25)
KE · Jasper, IN · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): November 18, 2025
209 figures on this page: 201 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
Richard Phillips was paid $3,982,601 in total compensation as Chief Executive Officer for fiscal 2025, and compared with the $4,554,584 reported for fiscal 2024, Phillips' total was 12.6% lower. The company reported a chief executive pay ratio of 301:1 for fiscal 2025, against median employee compensation of $13,225. 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. Companies named in the disclosed peer group include Bel Fuse Inc., Benchmark Electronics, Inc., CTS Corporation, Daktronics, Inc. and ePlus inc., among others.
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 — Richard Phillips: $4,554,584 → $3,982,601 (12.6% lower)
Say-on-pay support: 97.3% → 98.1% (0.8 points higher)
CEO pay ratio: 336:1 → 301:1 (10.4% lower)
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 $3,982,601 in total compensation as Chief Executive Officer for fiscal 2025. Compared with the $4,554,584 reported for fiscal 2024, Phillips' total was 12.6% lower.
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 301:1 for fiscal 2025, against median employee compensation of $13,225.
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 | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 |
|---|---|---|---|---|---|---|---|---|
| Douglas A. Hass | Performance Share | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jana T. Croom | Performance Share | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kathy R. Thomson | Performance Share | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Richard D. Phillips | Performance Share | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Steven T. Korn | Performance Share | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2023, 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 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Richard Phillips | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Jana Croom | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Steven Korn | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Douglas Hass | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Kathy Thomson | PSU | ◇ | ◇ | — | — |
| 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
| 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 | ◇ | ◇ | — | — | — | — | ◇ |
Tom G. Vadaketh | ◇ | ◇ | — | — | — | — | ◇ |
Gregory J. Lampert | ◇ | ◇ | — | — | — | — | ◇ |
Gregory A. Thaxton | ◇ | ◇ | — | — | — | — | ◇ |
Holly A. Van Deursen | ◇ | ◇ | — | — | — | — | ◇ |
Michele A. M. Holcomb | ◇ | ◇ | — | — | — | — | ◇ |
Colleen C. Repplier | ◇ | ◇ | — | — | — | — | ◇ |
Richard D. Phillips 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 equity retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Bel Fuse Inc. BELFB
- Benchmark Electronics, Inc. BHE
- CTS Corporation CTS
- Daktronics, Inc. DAKT
- ePlus inc. PLUS
- Fabrinet 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 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
◇
Chief executive total compensation
◇
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.
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.
Enquire about accessMultiple companies at once
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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.
209 figures on this page: 201 cited to the filing that reported them, 8 calculated from figures it prints.
201 cited to the filing
8 calculated from the filing
Documents cited
- 0001606757-25-000072
- 0001606757-25-000046CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards in Fiscal Year 2025 · Non-Employee Director Compensation in Fiscal Year 2025 · and 2 more sections
- 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
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Kimball Electronics executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/KE (accessed 2026).
Short form: data: Velarion
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Tech — Hardware rankings
Peers Kimball Electronics discloses
The companies named in KE's own disclosed peer group.
Terms on this page
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}
}