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Industrials & Aerospace

Modine Manufacturing Executive Compensation (FY26)

MOD · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
Neil Brinker
Latest say-on-pay support
=
August 20, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 4, 2026Latest filing (8-K): August 21, 2026
15 filings cited on this page
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302 figures on this page: 284 cited to the filing that reported them, 18 calculated from figures it prints. See the citations
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Neil Brinker: $12,706,532 → $10,159,548 (20.0% lower)
CEO pay ratio: 223:1 → 256:1 (14.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Modine Manufacturing's chief executive and what were they paid?
Total compensation for Neil Brinker, President and CEO, came to $10,159,548 in fiscal 2026. Brinker's total was 20.0% lower than the $12,706,532 reported for fiscal 2025.
What was Modine Manufacturing's say-on-pay result?
For fiscal 2026, shareholders backed the say-on-pay proposal with 96.7% of votes cast for or against in favor at the meeting held August 20, 2026.
Which companies are in Modine Manufacturing's peer group?
Companies named in the disclosed peer group include A.O. Smith Corporation, AAON Inc., Allison Transmission Holdings, Inc., Commercial Vehicle Group, Inc and Donaldson Company, Inc., among others.
What is Modine Manufacturing's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2026 is 256:1, against median employee compensation of $39,704.

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
Neil Brinker
President and CEO
◇—◇◇——◇◇
Eric McGinnis
President, Climate Solutions
◇◇◇◇——◇◇
Michael Lucareli
EVP, CFO
◇—◇◇——◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Brinker
President and CEO
◇—◇◇◇—◇◇
Michael Lucareli
EVP, CFO
◇◇◇◇◇—◇◇
Sylvia Stein
VP, GC, Corp. Sec. and Chief Compliance Officer
◇◇◇◇◇—◇◇
Brian Agen
VP, HR
◇◇◇◇◇—◇◇
Eric McGinnis
President, Climate Solutions
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Brinker
President and CEO
◇—◇—◇—◇◇
Michael Lucareli
EVP, CFO
◇—◇—◇◇◇◇
Eric McGinnis
President, Climate Solutions
◇—◇—◇—◇◇
Adrian Peace
President, Performance Technologies
◇—◇—◇—◇◇
Brian Agen
VP, Chief Human Resources Officer
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Brinker
President and CEO
◇—◇—◇—◇◇
Michael Lucareli
EVP, CFO
◇—◇—◇◇◇◇
Adrian Peace
President, Performance Technologies
◇—◇◇◇—◇◇
Eric McGinnis
President, Climate Solutions
◇—◇—◇—◇◇
Brian Agen
VP, Chief Human Resources Officer
◇—◇—◇◇◇◇
Erin Roth
Vice President, General Counsel and CCO
◇—◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Brinker
President and CEO
◇—◇—◇—◇◇
Eric McGinnis
President, Climate Solutions
◇—◇—◇—◇◇
Michael Lucareli
EVP, CFO
◇—◇—◇—◇◇
Erin Roth
Vice President, General Counsel and CCO
◇—◇—◇—◇◇
Jeremy Patten
President, Performance Technologies
◇—◇—◇—◇◇
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 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Eric S. McGinnisPSU◇◇◇—◇—◇
Eric S. McGinnisRSU◇——◇——◇
Eric S. McGinnisPSU◇—◇———◇
Eric S. McGinnisPSU◇◇◇—◇—◇
Eric S. McGinnisRSU◇——◇——◇
Eric S. McGinnisPSU◇◇◇—◇—◇
Eric S. McGinnisRSU◇——◇——◇
Erin J. RothRSU◇——◇——◇
Erin J. RothPSU◇◇◇—◇—◇
Jeremy M. PattenPSU◇◇◇—◇—◇
Jeremy M. PattenRSU◇——◇——◇
Jeremy M. PattenRSU◇——◇——◇
Jeremy M. PattenRSU◇——◇——◇
Jeremy M. PattenPSU◇◇◇—◇—◇
Michael B. LucareliRSU◇——◇——◇
Michael B. LucareliPSU◇◇◇—◇—◇
Neil D. BrinkerRSU◇——◇——◇
Neil D. BrinkerPSU◇◇◇—◇—◇
Fiscal 2023, 2024, 2025 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 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Erin JeremyRSU◇=——
RSU◇=——
RSU◇=——
RSU◇=——
PSU◇=——
PSU◇=——
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.
Michael Lucareli
EVP, CFO · Change-in-control agreement
Change-in-control multiple◇
Neil Brinker
President and CEO · Employment agreement
Severance multiple◇
Change-in-control multiple◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Marsha C. Williams
Board chair
◇◇——◇—◇
Katherine C. Harper
◇◇————◇
Christine Y. Yan
◇◇————◇
David J. Wilson
◇◇————◇
Suresh V. Garimella
◇◇————◇
William A. Wulfsohn
◇◇————◇
Mark Bendza
◇◇————◇
Eric D. Ashleman
◇◇————◇
Alan S. Lowe
◇◇————◇
Christopher W. Patterson
◇—————◇
Neil D. Brinker served on the board in fiscal 2026 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◇
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 2026
  • A.O. Smith Corporation AOS
  • AAON Inc. AAON
  • Allison Transmission Holdings, Inc. ALSN
  • Commercial Vehicle Group, Inc CVGI
  • Donaldson Company, Inc. DCI
  • Enerpac Tool Group Corp. EPAC
  • Hubbell Incorporated HUBB
  • ITT Inc. ITT
  • Lennox International Inc. LII
  • Mueller Industries, Inc. MLI
  • Regal Rexnord Corporation RRX
  • SPX Technologies, Inc. SPXC
  • Standex International Corporation SXI
  • Stoneridge, Inc. SRI
  • The Timken Company TKR
  • Titan International, Inc. TWI
  • Woodward Inc. WWD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026August 20, 2026=◇◇◇
2025August 21, 2025=◇◇◇
2024August 15, 2024=◇◇◇
2023August 17, 2023=◇◇◇
2022July 21, 2022=◇◇◇
2021July 22, 2021=◇◇◇
2020July 23, 2020=◇◇◇
2019July 25, 2019=◇◇◇
2018July 19, 2018=◇◇◇
2017July 20, 2017=◇◇◇
2016July 21, 2016=◇◇◇

Chief executive pay ratio

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

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Sample answer — “What is the CEO’s total compensation?”
- Neil Brinker (President and CEO), FY2026 total compensation $10,159,548 (base salary $1,186,346) [exec_comp, SEC accession 0001104659-26-082630, filed 2026-07-10]

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What this page does not include

Everything above is a fact Modine Manufacturing disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Modine Manufacturing 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.
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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.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
302 figures on this page: 284 cited to the filing that reported them, 18 calculated from figures it prints.
284 cited to the filing
18 calculated from the filing

Documents cited

  1. 0001104659-26-099432
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001104659-26-082630
    2026 Summary Compensation Table · CEO PAY RATIO · Outstanding Equity Awards at Fiscal Year End · Potential Payments Upon Termination
  3. 0001558370-25-011719
    Approval of Advisory Vote on Named Executive Officer Compensation (Say on Pay)
  4. 0001558370-25-009149
    2025 Summary Compensation Table
  5. 0001140361-24-037623
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-031947
    2024 Summary Compensation Table
  7. 0001140361-23-040631
    Approval of Advisory Vote on Named Executive Officer Compensation (Say on Pay)
  8. 0001140361-23-033771
    2023 Summary Compensation Table
  9. 0001140361-22-026973
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001140361-21-025379
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001140361-20-016832
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001140361-19-013566
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001140361-18-033124
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001140361-17-028507
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001140361-16-073181
    Approval of Advisory Vote on Named Executive Officer Compensation (Say on Pay)
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Velarion, “Modine Manufacturing executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/MOD (accessed 2026).
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15 filings cited on this page
Method: intel.velarion.ai/methodology
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Industrials & Aerospace rankings

Chief executive pay — Industrials & AerospaceCEO pay ratio — Industrials & AerospaceSay-on-pay support — Industrials & Aerospace

Peers Modine Manufacturing discloses

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

A.O. Smith CorporationAAON Inc.Allison Transmission Holdings, Inc.Commercial Vehicle Group, IncDonaldson Company, Inc.Enerpac Tool Group Corp.Hubbell IncorporatedITT Inc.Lennox International Inc.Mueller Industries, Inc.Regal Rexnord CorporationSPX Technologies, Inc.Standex International CorporationStoneridge, Inc.The Timken CompanyTitan International, Inc.Woodward Inc.

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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