Callaway Golf Executive Compensation (FY25)
MODG · Executive and director compensation, fiscal 2023 to 2025
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Data as of September 27, 2026Latest filing (DEF 14A): April 8, 2026
1 filing cited on this page
Method: intel.velarion.ai/methodology
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174 figures on this page, cited to the filing that reported them. See the citations
More on Callaway Golf
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
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- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
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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 — Oliver Brewer: $9,378,565 → $13,970,138 (49.0% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Callaway Golf's chief executive and what were they paid?
Total compensation for Oliver Brewer, President and Chief Executive Officer, came to $13,970,138 in fiscal 2025. Compared with the $9,378,565 reported for fiscal 2024, Brewer's total was 49.0% higher.
Which companies are in Callaway Golf's peer group?
The disclosed peer group includes Acushnet Holdings Corp., Bloomin’ Brands, Inc., Brinker International, Inc., Brunswick Corporation and Columbia Sportswear Company, among others.
What is Callaway Golf's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 629:1, against median employee compensation of $22,217.
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 |
|---|---|---|---|---|---|---|---|---|
Oliver Brewer President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Brian Lynch Executive Vice President, Chief Financial Officer and Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Glenn Hickey Executive Vice President and President, Callaway Golf Sales | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mark Leposky Executive Vice President and Chief Supply Chain Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Oliver Brewer President and Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Brian Lynch Executive Vice President, Chief Financial Officer and Chief Legal Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Mark Leposky Executive Vice President and Chief Supply Chain Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Glenn Hickey Executive Vice President and President, Callaway Golf Sales | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Oliver Brewer President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Brian Lynch Executive Vice President, Chief Financial Officer and Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rebecca Fine Former Executive Vice President and Chief People Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mark Leposky Executive Vice President and Chief Supply Chain Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Glenn Hickey Executive Vice President and President, Callaway Golf Sales | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 |
|---|---|---|---|---|---|
| Mark Leposky | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Rebecca Fine | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Oliver Brewer | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Glenn Hickey | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| 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
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
John F. Lundgren Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Russell L. Fleischer | ◇ | ◇ | — | — | — | — | ◇ |
Linda B. Segre | ◇ | ◇ | — | — | — | — | ◇ |
Adebayo O. Ogunlesi | ◇ | ◇ | — | — | — | — | ◇ |
Erik J Anderson | ◇ | ◇ | — | — | — | — | ◇ |
Varsha R. Rao | ◇ | ◇ | — | — | — | — | ◇ |
Bavan M. Holloway | ◇ | ◇ | — | — | — | — | ◇ |
Anthony S. Thornley | ◇ | ◇ | — | — | — | — | ◇ |
C. Matthew Turney | ◇ | ◇ | — | — | — | — | ◇ |
Scott M. Marimow | ◇ | ◇ | — | — | — | — | ◇ |
Laura J. Flanagan | ◇ | — | — | — | — | — | ◇ |
Oliver G. (Chip) Brewer III, Mark D. Mandel and Thomas G. Dundon 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 | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as restricted stock units.
Stock ownership guideline: For more information regarding the stock ownership guidelines applicable to non-employee members of the Board, see “Board of Directors and Corporate Governance — Stock Ownership Guidelines,” above.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Acushnet Holdings Corp. GOLF
- Bloomin’ Brands, Inc. BLMN
- Brinker International, Inc. EAT
- Brunswick Corporation BC
- Columbia Sportswear Company COLM
- Darden Restaurants, Inc. DRI
- Dave & Buster’s Entertainment, Inc. symbol not shown
- Deckers Outdoor Corporation DECK
- Electronic Arts, Inc. EA
- Lululemon Athletica Inc. LULU
- Peloton Interactive, Inc. PTON
- Polaris, Inc. PII
- Texas Roadhouse, Inc. TXRH
- Under Armour, Inc. UAA
- Vail Resorts, Inc. MTN
- Yum! Brands, Inc. YUM
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
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What this page does not include
Everything above is a fact Callaway Golf disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Callaway Golf 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 — $1,500Written 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.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
174 figures on this page, cited to the filing that reported them.
174 cited to the filing
Documents cited
- 0000837465-26-000013Director Compensation
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Callaway Golf executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/MODG (accessed 2026).
Short form: data: Velarion
The paid brief for Callaway Golf
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
1 filing 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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Peers Callaway Golf discloses
The companies named in MODG's own disclosed peer group.
Acushnet Holdings Corp.Bloomin’ Brands, Inc.Brinker International, Inc.Brunswick CorporationColumbia Sportswear CompanyDarden Restaurants, Inc.Deckers Outdoor CorporationElectronic Arts, Inc.Lululemon Athletica Inc.Peloton Interactive, Inc.Polaris, Inc.Texas Roadhouse, Inc.Under Armour, Inc.Vail Resorts, Inc.Yum! Brands, Inc.
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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}
}