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Industrials & Aerospace

Oshkosh Executive Compensation (FY25)

OSK · Oshkosh, WI · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
John C. Pfeifer
Latest say-on-pay support
=
May 5, 2026
Chief executive pay ratio
◇
To the median employee
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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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12 filings cited on this page
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280 figures on this page: 273 cited to the filing that reported them, 7 calculated from figures it prints. See the citations

More on Oshkosh

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 — John C. Pfeifer: $12,546,541 → $12,935,995 (3.1% higher)
Say-on-pay support: 92.8% → 96.8% (4.0 points higher)
CEO pay ratio: 209:1 → 166:1 (20.6% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Oshkosh's chief executive and what were they paid?
Total compensation for John C. Pfeifer, President and Chief Executive Officer, came to $12,935,995 in fiscal 2025. Pfeifer's total moved 3.1% higher from the $12,546,541 reported for fiscal 2024.
What was Oshkosh's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 96.8% of votes cast for or against in favor at the meeting held May 5, 2026.
Which companies are in Oshkosh's peer group?
The disclosed peer group includes AECOM, AGCO Corporation, Dover Corporation, EMCOR Group, Inc. and Fortive Corporation, among others.
What is Oshkosh's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 166:1, against median employee compensation of $77,869.

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
John Pfeifer
President and Chief Executive Officer
◇—◇—◇—◇◇
Jayanthi Iyengar
Executive Vice President and Chief Technology & Strategic Sourcing Officer
◇◇◇—◇—◇◇
Ignacio Cortina
Executive Vice President and Chief Legal & Administrative Officer and Secretary
◇—◇—◇—◇◇
Frank Nerenhausen
Executive Vice President, Access Equipment Segment
◇—◇—◇—◇◇
Michael Pack
Executive Vice President and President, Vocational Segment
◇—◇—◇—◇◇
James Johnson
Executive Vice President and President, Vocational Segment (Retired)
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Pfeifer
President and Chief Executive Officer
◇—◇—◇—◇◇
Mahesh Narang
Executive Vice President and President, Access Segment
◇◇◇—◇—◇◇
Frank Nerenhausen
Executive Vice President, Access Segment (Retired)
◇—◇—◇◇◇◇
Michael Pack
Executive Vice President and President, Vocational Segment
◇—◇—◇◇◇◇
Ignacio Cortina
Executive Vice President and Chief Legal & Administrative Officer and Secretary
◇—◇—◇—◇◇
James Johnson
Executive Vice President and President, Vocational Segment (Retired)
◇—◇—◇◇◇◇
Jayanthi Iyengar
Executive Vice President and Chief Technology & Strategic Sourcing Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Pfeifer
President and Chief Executive Officer
◇—◇—◇—◇◇
Matthew Field
Executive Vice President and Chief Financial Officer
◇◇◇—◇—◇◇
Michael Pack
Executive Vice President and President, Vocational Segment
◇—◇—◇—◇◇
James Johnson
Executive Vice President and President, Vocational Segment (Retired)
◇—◇———◇◇
Mahesh Narang
Executive Vice President and President, Access Segment
◇—◇—◇—◇◇
Ignacio Cortina
Executive Vice President and Chief Legal & Administrative Officer and Secretary
◇—◇—◇—◇◇
Jayanthi Iyengar
Executive Vice President and Chief Technology & Strategic Sourcing Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John C. Pfeifer
President and Chief Executive Officer
◇—◇—◇—◇◇
Michael E. Pack
Executive Vice President and President, Vocational Segment
◇—◇—◇◇◇◇
Matthew A. Field
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Mahesh Narang
Executive Vice President and President, Access Segment
◇—◇—◇—◇◇
Ignacio A. Cortina
Executive Vice President and Chief Legal & Administrative Officer and Secretary
◇—◇—◇—◇◇
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
Ignacio A. CortinaPSU◇◇◇◇◇—◇
John C. PfeiferPSU◇◇◇◇◇—◇
Mahesh NarangPSU◇◇◇◇◇—◇
Matthew A. FieldPSU◇◇◇◇◇—◇
Michael E. PackPSU◇◇◇◇◇—◇
Fiscal 2022, 2023, 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
John C. PfeiferPSU◇◇——
RSU◇◇——
Matthew A. FieldRSU◇◇——
PSU◇◇——
Mahesh NarangPSU◇◇——
RSU◇◇——
Michael E. PackPSU◇◇——
RSU◇◇——
Ignacio A. CortinaPSU◇◇——
RSU◇◇——
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.
Ignacio A. Cortina
General Counsel · Terms as described in the company’s compensation discussion
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
John C. Pfeifer
Chief Executive Officer · Employment agreement
Severance multiple◇
Non-compete period◇
Mahesh Narang
Executive Vice President and President, Access Segment · Terms as described in the company’s compensation discussion
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Matthew A. Field
Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Michael E. Pack
Executive Vice President · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Keith J. Allman
Board chair
◇◇——◇—◇
Kimberley Metcalf-Kupres
◇◇——◇—◇
Duncan J. Palmer
◇◇————◇
Douglas L. Davis
◇◇————◇
Sandra E. Rowland
◇◇————◇
Tyrone M. Jordan
◇◇————◇
David G. Perkins
◇◇————◇
Annette K. Clayton
◇◇——◇—◇
William J. Burns
◇◇——◇—◇
Stephen D. Newlin
◇—————◇
J. Pfeifer and John Pfeifer 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◇
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 Stock Awards.
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
  • AECOM ACM
  • AGCO Corporation AGCO
  • Dover Corporation DOV
  • EMCOR Group, Inc. EME
  • Fortive Corporation FTV
  • Howmet Aerospace, Inc. HWM
  • Illinois Tool Works, Inc. ITW
  • Ingersoll Rand, Inc. IR
  • Parker-Hannifin Corporation PH
  • Stanley Black & Decker, Inc. SWK
  • Textron, Inc. TXT
  • The Timken Company TKR
  • The Toro Company TTC
  • TransDigm Group Incorporated TDG
  • Westinghouse Air Brake Technologies Corporation WAB
  • Xylem, Inc. XYL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 5, 2026=◇◇◇
2024May 6, 2025=◇◇◇
2023May 7, 2024=◇◇◇
2022May 3, 2023=◇◇◇
2021February 22, 2022=◇◇◇
2020February 2, 2021=◇◇◇
2019February 4, 2020=◇◇◇

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?”
- John C. Pfeifer (President and Chief Executive Officer), FY2025 total compensation $12,935,995 (base salary $1,243,847) [exec_comp, SEC accession 0001104659-26-035209, filed 2026-03-26]

Answered within 24 hours, every figure cited to its SEC filing. This is a one-off report: no refunds.

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What this page does not include

Everything above is a fact Oshkosh disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Oshkosh 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 — $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 — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
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.
280 figures on this page: 273 cited to the filing that reported them, 7 calculated from figures it prints.
273 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001104659-26-057760
  2. 0001104659-26-035209
    2025 Summary Compensation Table · CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation · and 1 more section
  3. 0001104659-25-046725
  4. 0001104659-25-028829
    Compensation tables
  5. 0001104659-24-059887
  6. 0001104659-24-040519
    COMPENSATION TABLES
  7. 0001104659-23-057714
  8. 0001104659-23-033661
    COMPENSATION TABLES
  9. 0001104659-22-026574
  10. 0001104659-21-013076
  11. 0001104659-20-012599
  12. 0001104659-11-023747
    Employment Agreement
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Oshkosh executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/OSK (accessed 2026).
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The paid brief for Oshkosh

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$500 for the Executive Compensation Report. Both reports for $900.
12 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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Industrials & Aerospace rankings

Peers Oshkosh discloses

The companies named in OSK'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}
}