Asset Management
KKR & Co. Executive Compensation (FY25)
KKR · Executive and director compensation, fiscal 2023 to 2025
Chief executive, fiscal 2025 ◇ Joseph Bae | Median of the other named officers $62,567,217 5 officers, excluding the chief executive |
Velarion Member: every covered company in Asset Management, with dashboards, peer screens and board-ready briefs. Three seats, one year.
The KKR & Co. brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Data as of October 5, 2026Latest filing (10-K): February 27, 2026
2 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
Velarion Member, one year
66 figures on this page, cited to the filing that reported them. See the citations
KKR & Co. does not file an annual proxy statement (DEF 14A). Its executive compensation is disclosed directly in its Form 10-K (Part III), which is the filing cited throughout this document. A Form 10-K does not carry director compensation, a disclosed compensation peer group or a say-on-pay vote; those sections are absent from this document for that reason, not from a data gap.
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 Bae: $73,087,375 → $84,270,205 (15.3% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is KKR & Co.'s chief executive and what were they paid?
Joseph Bae, Co-Chief Executive Officer, received $84,270,205 in total compensation for fiscal 2025. Compared with the $73,087,375 reported for fiscal 2024, Bae's total was 15.3% higher.
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 |
|---|---|---|---|---|---|---|---|---|
Joseph Bae Co-Chief Executive Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Scott Nuttall Co-Chief Executive Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Henry Kravis Co-Executive Chairman | ◇ | — | — | — | — | — | ◇ | ◇ |
George Roberts Co-Executive Chairman | ◇ | — | — | — | — | — | ◇ | ◇ |
Robert Lewin Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Joseph Bae Co-Chief Executive Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Scott Nuttall Co-Chief Executive Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Henry Kravis Co-Executive Chairman | ◇ | — | — | — | — | — | ◇ | ◇ |
George Roberts Co-Executive Chairman | ◇ | — | — | — | — | — | ◇ | ◇ |
Robert Lewin Chief Financial Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Joseph Bae Co-Chief Executive Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Scott Nuttall Co-Chief Executive Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
George Roberts Co-Executive Chairman | ◇ | — | — | — | — | — | ◇ | ◇ |
Henry Kravis Co-Executive Chairman | ◇ | — | — | — | — | — | ◇ | ◇ |
Robert Lewin Chief Financial Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Kathryn Sudol Chief Legal Officer and General Counsel | ◇ | — | — | — | — | — | ◇ | ◇ |
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.
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 |
|---|---|---|---|---|---|
| Scott Nuttall | PSU | ◇ | ◇ | — | — |
| Joseph Bae | PSU | ◇ | ◇ | — | — |
| Robert Lewin | PSU | ◇ | ◇ | — | — |
| Kathryn Sudol | 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.
George Roberts
Co-Executive Chairman · Terms as described in the company’s compensation discussion · citing a 2018 filing
| Equity acceleration on change in control | ◇ |
Scott Nuttall
Co-Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2018 filing
| Equity acceleration on change in control | ◇ |
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Total board retainer | ◇ |
| Audit committee 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.
Velarion Pro: every company page, peer tools and exports, one seat
One seat, one person. It opens the whole platform: the peer tools, the written analysis and the exports, on every company we cover. Join the list and you will hear from us when it opens.
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Scott Nuttall (Co-Chief Executive Officer), FY2025 total compensation $80,356,440 (base salary $300,000) [exec_comp, SEC accession 0001404912-26-000007, filed 2026-02-27]What this page does not include
Everything above is a fact KKR & Co. disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable 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.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
66 figures on this page, cited to the filing that reported them.
66 cited to the filing
Documents cited
- 0001404912-26-000007
- 0001140361-18-045204Compensation Discussion and Analysis
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “KKR & Co. executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/KKR (accessed 2026).
Short form: data: Velarion
The KKR & Co. brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
2 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
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about KKR & Co. and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Asset Management rankings
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}
}