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LCI Industries Executive Compensation (FY25)

LCII · Executive and director compensation, fiscal 2023 to 2025

The paid brief on LCI Industries

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 9, 2026Latest filing (8-K): May 12, 2026
11 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
LCI Industries brief$1,500Get the executive brief
235 figures on this page: 225 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
Jason Lippert
Latest say-on-pay support
=
May 12, 2026
Chief executive pay ratio
To the median employee

More on LCI Industries

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 — Jason Lippert: $10,159,098$10,093,861 (0.6% lower)
Say-on-pay support: 51.5%98.4% (46.9 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is LCI Industries' chief executive and what were they paid?
Total compensation for Jason Lippert, President and Chief Executive Officer, came to $10,093,861 in fiscal 2025. Lippert's total moved 0.6% lower from the $10,159,098 reported for fiscal 2024.
What was LCI Industries' say-on-pay result?
Shareholders supported the say-on-pay proposal with 98.4% of votes cast for or against in favor at the meeting held May 12, 2026 for fiscal 2025.
What is LCI Industries' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 170:1.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jason Lippert
President and Chief Executive Officer
Ryan Smith
Group President - North America
Jamie Schnur
Group President - Aftermarket
Andrew Namenye
Former Executive Vice President, Chief Legal and HR Officer, and Corporate Secretary
Lillian Etzkorn
Executive Vice President and Chief Financial Officer
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jason Lippert
President and Chief Executive Officer
Ryan Smith
Group President - North America
Jamie Schnur
Group President - Aftermarket
Lillian Etzkorn
Executive Vice President and Chief Financial Officer
Andrew Namenye
Former Executive Vice President, Chief Legal and HR Officer, and Corporate Secretary
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jason Lippert
President and Chief Executive Officer
Ryan Smith
Group President - North America
Andrew Namenye
Former Executive Vice President, Chief Legal and HR Officer, and Corporate Secretary
Departed during or after this year
Jamie Schnur
Group President - Aftermarket
Lillian Etzkorn
Executive Vice President and Chief Financial 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 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andrew J. NamenyePSU
Andrew J. NamenyePSU
Jamie M. SchnurPSU
Jamie M. SchnurRSU
Jamie M. SchnurRSU
Jason D. LippertPSU
Jason D. LippertRSU
Lillian D. EtzkornPSU
Lillian D. EtzkornRSU
Ryan R. SmithRSU
Ryan R. SmithPSU
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
Andrew NamenyePSU
PSU
Jason LippertRSU
RSU
RSU
PSU
PSU
Lillian EtzkornRSU
RSU
RSU
PSU
PSU
RSU
Ryan SmithRSU
RSU
PSU
PSU
Jamie SchnurPSU
RSU
PSU
PSU
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
Tracy D. Graham
Board chair
James F. Gero
Virginia L. Henkels
John A. Sirpilla
Linda K. Myers
Brendan J. Deely
Kieran M. O’Sullivan
Stephanie K. Mains
David A. Reed
Jason D. Lippert 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.
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 restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 12, 2026=
2024May 15, 2025=
2023May 16, 2024=
2022May 18, 2023=
2021May 19, 2022=
2020May 20, 2021=
2019May 21, 2020=
2018May 23, 2019=
2017May 24, 2018=
2016May 25, 2017=

Chief executive pay ratio

As calculated and reported by the company.
Ratio
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What this page does not include

Everything above is a fact LCI Industries 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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
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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Whether LCI Industries' disclosed peer group is defensible, who names LCI Industries back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
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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.
235 figures on this page: 225 cited to the filing that reported them, 10 calculated from figures it prints.
225 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000763744-26-000034
  2. 0001140361-26-011739
    CEO PAY RATIO · DIRECTOR COMPENSATION · Grants of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  3. 0000763744-25-000077
  4. 0000763744-24-000068
  5. 0000763744-23-000051
  6. 0000763744-22-000039
  7. 0000763744-21-000063
  8. 0000763744-20-000075
  9. 0000763744-19-000051
  10. 0000763744-18-000178
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000763744-17-000161
    Item 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, “LCI Industries executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/LCII (accessed 2026).
Short form: data: Velarion

The paid brief for LCI Industries

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
11 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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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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