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Miller Industries Executive Compensation (FY25)

MLR · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
William Miller II
Median of the other named officers
$1,382,076
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 22, 2026
Chief executive pay ratio
◇
To the median employee
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The paid brief on Miller 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.
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14 filings cited on this page
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Miller Industries brief$299Get the executive brief
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256 figures on this page: 244 cited to the filing that reported them, 12 calculated from figures it prints. See the citations

More on Miller 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 — William Miller II: $5,659,228 → $4,748,987 (16.1% lower)
Say-on-pay support: 34.0% → 96.0% (62.0 points higher)
CEO pay ratio: 20:1 → 79:1 (295.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Miller Industries' chief executive and what were they paid?
Total compensation for William Miller II, President and Chief Executive Officer, came to $4,748,987 in fiscal 2025. Miller II's total was 16.1% lower than the $5,659,228 reported for fiscal 2024.
What was Miller Industries' say-on-pay result?
Shareholders supported the say-on-pay proposal with 96.0% of votes cast for or against in favor at the meeting held May 22, 2026 for fiscal 2025.
Which companies are in Miller Industries' peer group?
The disclosed peer group names Astec Industries, Inc., Blue Bird Corporation, Commercial Vehicle Group, Inc., Douglas Dynamics, Inc. and Enerpac Tool Group Corp., among others.
What is Miller Industries' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 79:1, against median employee compensation of $59,793.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Miller II
President and Chief Executive Officer
◇◇◇—◇—◇◇
Jeffrey Badgley
President of International and Military
◇◇◇—◇—◇◇
Deborah Whitmire
Executive Vice President, Chief Financial Officer and Treasurer
◇◇◇—◇—◇◇
Vincent Tiano
Vice President and Chief Revenue Officer
◇◇◇—◇—◇◇
Josias Reyneke
Vice President and Chief Information Officer
◇◇◇—◇—◇◇
Jamison Linden
Vice President and Chief Manufacturing Officer
◇◇◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Miller II
President and Chief Executive Officer
◇◇——◇—◇◇
William Miller
Executive Chairman of the Board of Directors
◇◇——◇—◇◇
Deborah Whitmire
Executive Vice President, Chief Financial Officer, and Treasurer
◇◇——◇—◇◇
Jeffrey Badgley
President of International and Military
◇◇——◇—◇◇
Josias Reyneke
Vice President and Chief Information Officer
◇◇——◇—◇◇
Vincent Tiano
Vice President and Chief Revenue Officer
◇◇——◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Miller II
President and Chief Executive Officer
◇◇◇—◇—◇◇
William Miller
Executive Chairman of the Board of Directors
◇◇◇—◇—◇◇
Deborah Whitmire
Executive Vice President, Chief Financial Officer, and Treasurer
◇◇◇—◇—◇◇
Jeffrey Badgley
President of International and Military
◇◇◇—◇—◇◇
Josias Reyneke
Vice President and Chief Information Officer
◇◇◇—◇—◇◇
Vincent Tiano
Vice President and Chief Revenue Officer
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Miller II
President and Chief Executive Officer
◇◇◇—◇—◇◇
Deborah Whitmire
Executive Vice President, Chief Financial Officer, and Treasurer
◇◇◇—◇—◇◇
William Miller
Executive Chairman of the Board of Directors
◇◇——◇—◇◇
Jeffrey Badgley
President of International and Military
◇◇◇—◇—◇◇
Vincent Tiano
Vice President and Chief Revenue Officer
◇◇◇—◇—◇◇
Josias Reyneke
Vice President and Chief Information 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
Deborah L. WhitmireRSU◇——◇——◇
Jeffrey I. BadgleyRSU◇——◇——◇
Josias W. ReynekeRSU◇——◇——◇
Vincent TianoRSU◇——◇——◇
William G. Miller IIRSU◇——◇——◇
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
Vincent TianoRSU◇=——
PSU◇◇——
RSU◇◇——
William MillerPSU◇◇——
RSU◇◇——
Deborah WhitmirePSU◇◇——
RSU◇◇——
Josias ReynekePSU◇◇——
RSU◇◇——
Jeffrey BadgleyPSU◇◇——
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dr. Susan Sweeney
◇◇———◇◇
Theodore H. Ashford III
Lead independent director
◇◇———◇◇
Leigh Walton
◇◇———◇◇
Dr. Javier Reyes
◇◇———◇◇
Peter Jackson
◇◇———◇◇
A. Russell Chandler III
◇◇———◇◇
Jill Sutton
◇◇———◇◇
William G. Miller 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◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
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.
Fiscal 2025
  • Astec Industries, Inc. ASTE
  • Blue Bird Corporation BLBD
  • Commercial Vehicle Group, Inc. CVGI
  • Douglas Dynamics, Inc. PLOW
  • Enerpac Tool Group Corp. EPAC
  • L.B. Foster Company FSTR
  • Motorcar Parts of America, Inc. MPAA
  • NN, Inc. NNBR
  • Park-Ohio Holdings Corp. PKOH
  • Shyft Group Inc. SHYF
  • Stoneridge, Inc. SRI
  • The Manitowoc Company, Inc. MTW

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 22, 2026=◇◇◇
2024May 28, 2025=◇◇◇
2023June 21, 2024=◇◇◇
2022May 26, 2023=◇◇◇
2021September 23, 2022=◇◇◇
2020June 1, 2021=◇◇◇
2019May 22, 2020=◇◇◇
2018May 24, 2019=◇◇◇
2017May 25, 2018=◇◇◇
2016May 26, 2017=◇◇◇
2015May 27, 2016=◇◇◇

Chief executive pay ratio

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

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- William Miller II (President and Chief Executive Officer), FY2025 total compensation $4,748,987 (base salary $827,424) [exec_comp, SEC accession 0001104659-26-040895, filed 2026-04-08]

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What this page does not include

Everything above is a fact Miller Industries disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Miller Industries 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 — $299
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 — $299
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $299
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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
256 figures on this page: 244 cited to the filing that reported them, 12 calculated from figures it prints.
244 cited to the filing
12 calculated from the filing

Documents cited

  1. 0001104659-26-066278
  2. 0001104659-26-040895
    2025 Summary Compensation Table · CEO Pay Ratio · Director Compensation for Fiscal 2025 · Fiscal 2025 Grants of Plan-Based Awards · and 1 more section
  3. 0001558370-25-008193
    6,284 3. The shareholders did not approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers, with the vote on the matter being reflected as follows: For Agai
  4. 0001558370-25-004716
    2025 Summary Compensation Table
  5. 0001104659-24-074549
  6. 0001104659-23-066608
  7. 0001558370-23-007478
    Summary Compensation Table
  8. 0001104659-22-105693
  9. 0000924822-21-000026
  10. 0001104659-20-067048
  11. 0000924822-19-000019
  12. 0001144204-18-031331
  13. 0001571049-17-005614
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001571049-16-015747
    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, “Miller Industries executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/MLR (accessed 2026).
Short form: data: Velarion

The paid brief for Miller 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.
$299 for the Executive Compensation Report. Both reports for $449.
14 filings cited on this page
Method: intel.velarion.ai/methodology
If a report fails to generate we keep working until you have it. No refunds on one-time reports.
Published by Velarion Company Intelligence
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Peers Miller Industries discloses

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

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}
}