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Lineage Executive Compensation (FY25)

LINE · Novi, MI · Executive and director compensation, fiscal 2023 to 2025
Chief executive, fiscal 2025
◇
Greg Lehmkuhl
Median of the other named officers
$3,840,752
6 officers, excluding the chief executive
Latest say-on-pay support
=
June 9, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): June 12, 2026
5 filings cited on this page
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300 figures on this page: 298 cited to the filing that reported them, 2 calculated from figures it prints. See the citations
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 — Greg Lehmkuhl: $69,341,442 → $19,964,787 (71.2% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Lineage's chief executive and what were they paid?
Greg Lehmkuhl was paid $19,964,787 in total compensation as President and Chief Executive Officer for fiscal 2025. Lehmkuhl's total was 71.2% lower than the $69,341,442 reported for fiscal 2024.
What was Lineage's say-on-pay result?
The say-on-pay proposal drew 84.0% support at the meeting held June 9, 2026 for fiscal 2025.
Which companies are in Lineage's peer group?
The disclosed peer group includes Americold Realty Trust, Inc., C.H. Robinson Worldwide, Inc., Conagra Brands, Inc., Digital Realty Trust, Inc. and Equinix, Inc., among others.
What is Lineage's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 356:1, against median employee compensation of $56,102.

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
Rob Crisci
Chief Financial Officer
◇—◇—◇—◇◇
Greg Lehmkuhl
President and Chief Executive Officer
◇—◇—◇—◇◇
Sudarsan Thattai
◇—◇—◇—◇— not reconciled
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Greg Lehmkuhl
President and Chief Executive Officer
◇◇◇—◇—◇◇
Sudarsan Thattai
Chief Information Officer and Chief Transformation Officer
◇◇◇—◇—◇◇
Rob Crisci
Chief Financial Officer
◇◇◇—◇—◇◇
Jeffrey Rivera
Global Chief Operations Officer
◇◇◇—◇—◇◇
Timothy Smith
Chief Commercial Officer
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Greg Lehmkuhl
President and Chief Executive Officer
◇—◇—◇—◇◇
Rob Crisci
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Jeffrey Rivera
Global Chief Operations Officer
◇—◇—◇—◇◇
Sudarsan Thattai
Chief Transformation Officer
◇—◇—◇—◇◇
Sean Vanderelzen
Former Chief Human Resources Officer and President, Europe
Departed during or after this year
◇—◇—◇—◇◇
Timothy Smith
Chief Commercial Officer
◇—◇—◇—◇◇
Robb LeMasters
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
Greg LehmkuhlRSU◇——◇——◇
Greg LehmkuhlPSU◇◇◇—◇—◇
Greg LehmkuhlPSU◇◇◇—◇—◇
Greg LehmkuhlRSU◇——◇——◇
Greg LehmkuhlPSU◇◇◇—◇—◇
Jeffrey RiveraRSU◇——◇——◇
Jeffrey RiveraPSU◇◇◇—◇—◇
Jeffrey RiveraPSU◇◇◇—◇—◇
Rob CrisciPSU◇◇◇—◇—◇
Rob CrisciRSU◇——◇——◇
Rob CrisciPSU◇◇◇—◇—◇
Rob CrisciRSU◇——◇——◇
Robb LeMastersRSU◇——◇——◇
Sean VanderelzenPSU◇◇◇—◇—◇
Sean VanderelzenRSU◇——◇——◇
Sean VanderelzenPSU◇◇◇—◇—◇
Sean VanderelzenRSU◇——◇——◇
Sudarsan ThattaiPSU◇◇◇—◇—◇
Sudarsan ThattaiRSU◇——◇——◇
Sudarsan ThattaiPSU◇◇◇—◇—◇
Timothy SmithRSU◇——◇——◇
Timothy SmithPSU◇◇◇—◇—◇
Timothy SmithPSU◇◇◇—◇—◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Sudarsan ThattaiRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Rob CrisciPSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Sean VanderelzenPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Timothy SmithRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Jeffrey RiveraRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Greg LehmkuhlPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Robb LeMastersPSU◇◇——
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.
Jeffrey Rivera
Global Chief Operations Officer · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Rob Crisci
Former Chief Financial Officer · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Sudarsan Thattai
Chief Transformation Officer · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Timothy Smith
Chief Commercial Officer · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lynn Wentworth
Lead independent director
◇◇————◇
Joy Falotico
◇◇————◇
Michael Turner
◇◇————◇
Shellye Archambeau
◇◇————◇
Adam Forste, Greg Lehmkuhl, James Wyper, John Carrafiell, Luke Taylor and Kevin Marchetti 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◇
Lead independent director 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.
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
  • Americold Realty Trust, Inc. COLD
  • C.H. Robinson Worldwide, Inc. CHRW
  • Conagra Brands, Inc. CAG
  • Digital Realty Trust, Inc. DLR
  • Equinix, Inc. EQIX
  • Extra Space Storage Inc. EXR
  • Hilton Worldwide Holdings Inc. HLT
  • Hyatt Hotels Corporation H
  • J.B. Hunt Transport Services, Inc. JBHT
  • Kellanova K
  • Norfolk Southern Corporation NSC
  • Old Dominion Freight Line, Inc. ODFL
  • Prologis, Inc. PLD
  • Public Storage PSA
  • Simon Property Group, Inc. SPG
  • US Foods Holding Corp. USFD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 9, 2026=◇◇◇
2024June 18, 2025=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Greg Lehmkuhl (President and Chief Executive Officer), FY2025 total compensation $19,964,787 (base salary $1,200,000) [exec_comp, SEC accession 0001868159-26-000021, filed 2026-04-23]

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What this page does not include

Everything above is a fact Lineage disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Lineage 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 — $1,500
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 — $499
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.
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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.
300 figures on this page: 298 cited to the filing that reported them, 2 calculated from figures it prints.
298 cited to the filing
2 calculated from the filing

Documents cited

  1. 0001868159-26-000031
    Proposal 3: Say-on-Pay For Against Abstain Broker Non-Votes
  2. 0001868159-26-000021
    CEO Pay Ratio · COMPENSATION OF DIRECTORS · Director Compensation · Outstanding Equity Awards at Fiscal Year End · and 2 more sections
  3. 0001868159-25-000078
    Proposal 3: Say-on-Pay For Against Abstain Broker Non-Votes
  4. 0001868159-25-000053
    Summary Compensation Table
  5. 0001868159-25-000030
    Employment Agreement
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Lineage executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/LINE (accessed 2026).
Short form: data: Velarion

The Lineage 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.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
5 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Real Estate rankings

Chief executive pay — Real EstateCEO pay ratio — Real EstateSay-on-pay support — Real Estate

Peers Lineage discloses

The companies named in LINE's own disclosed peer group.

Americold Realty Trust, Inc.C.H. Robinson Worldwide, Inc.Conagra Brands, Inc.Digital Realty Trust, Inc.Equinix, Inc.Extra Space Storage Inc.Hilton Worldwide Holdings Inc.Hyatt Hotels CorporationJ.B. Hunt Transport Services, Inc.KellanovaNorfolk Southern CorporationOld Dominion Freight Line, Inc.Prologis, Inc.Public StorageSimon Property Group, Inc.US Foods Holding Corp.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

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}
}
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