Biopharma & Life Sciences
Phibro Animal Health Executive Compensation (FY26)
PAHC · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026 ◇ Daniel Bendheim | Latest say-on-pay support = November 4, 2025 | Chief executive pay ratio ◇ To the median employee |
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Data as of November 10, 2026Latest filing (DEF 14A): September 18, 2026
6 filings cited on this page
Method: intel.velarion.ai/methodology
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191 figures on this page: 188 cited to the filing that reported them, 3 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 — Daniel Bendheim: $1,119,780 → $1,120,094 (0.0% higher)
CEO pay ratio: 95:1 → 74:1 (22.1% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Phibro Animal Health's chief executive and what were they paid?
Daniel Bendheim was paid $1,120,094 in total compensation as President and Chief Executive Officer for fiscal 2026. Bendheim's total was 0.0% higher than the $1,119,780 reported for fiscal 2025.
What was Phibro Animal Health's say-on-pay result?
Shareholders recorded 99.4% support for the say-on-pay proposal at the meeting held November 4, 2025 for fiscal 2025.
What is Phibro Animal Health's chief executive pay ratio?
For fiscal 2026, the company reported a chief executive pay ratio of 74:1, against median employee compensation of $71,100.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jack Bendheim Chairman of the Board, President, and Chief Executive Officer | ◇ | — | — | — | ◇ | ◇ | ◇ | ◇ |
Larry Miller Chief Operating Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Rob Aukerman President, North America Region | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Damian Finio Chief Financial Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Daniel Bendheim Director and Executive Vice President, Corporate Strategy | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jack Bendheim Chairman of the Board, President, and Chief Executive Officer | ◇ | — | — | — | ◇ | ◇ | ◇ | ◇ |
Larry Miller Chief Operating Officer | ◇ | — | — | — | ◇ | ◇ | ◇ | ◇ |
Rob Aukerman President, North America Region | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Damian Finio Chief Financial Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Daniel Bendheim Director and Executive Vice President, Corporate Strategy | ◇ | — | — | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jack Bendheim President and Chief Executive Officer | ◇ | ◇ | — | — | ◇ | ◇ | ◇ | ◇ |
Larry Miller Chief Operating Officer | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Glenn David Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Daniel Bendheim President and Chief Executive Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jack Bendheim Chairman of the Board and Executive Chairman | ◇ | ◇ | — | — | ◇ | ◇ | ◇ | ◇ |
Larry Miller Chief Operating Officer | ◇ | ◇ | — | — | ◇ | ◇ | ◇ | ◇ |
Glenn David Chief Financial Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Daniel Bendheim President and Chief Executive Officer | ◇ | ◇ | — | — | ◇ | ◇ | ◇ | ◇ |
Judith Weinstein Senior Vice President, General Counsel and Corporate Secretary | ◇ | ◇ | — | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2026
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jack Bendheim Chairman of the Board and Executive Chairman | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Larry Miller Chief Operating Officer | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Glenn David Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Bendheim President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Judith Weinstein Senior Vice President, General Counsel and Corporate 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 2026
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Daniel M. Bendheim | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Glenn David | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jack C. Bendheim | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Judith Weinstein | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Larry L. Miller | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Larry Miller | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Glenn David | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Jack Bendheim | RSU | ◇ | ◇ | — | — |
| Daniel Bendheim | RSU | ◇ | ◇ | — | — |
| Judith Weinstein | 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.
Judith Weinstein
Senior Vice President, General Counsel and Corporate Secretary · Severance agreement
| Severance multiple | ◇ |
Larry Miller
Chief Operating Officer · Employment agreement
| Severance multiple | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Carol A. Wrenn | ◇ | — | — | — | — | — | ◇ |
Sam Gejdenson | ◇ | — | — | — | — | — | ◇ |
E. Thomas Corcoran | ◇ | — | — | — | — | — | ◇ |
Alejandro Bernal | ◇ | — | — | — | — | — | ◇ |
Mary Lou Malanoski | ◇ | — | — | — | — | — | ◇ |
Joyce J. Lee | ◇ | — | — | — | — | — | ◇ |
Daniel M. Bendheim and Jack C. Bendheim 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 | ◇ |
| Audit committee member | ◇ |
| Compensation committee member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | November 4, 2025 | = | ◇ | ◇ | ◇ |
| 2022 | November 7, 2022 | = | ◇ | ◇ | ◇ |
| 2019 | November 4, 2019 | = | ◇ | ◇ | ◇ |
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?”
- Daniel Bendheim (President and Chief Executive Officer), FY2026 total compensation $1,120,094 (base salary $575,000) [exec_comp, SEC accession 0001104659-26-108939, filed 2026-09-18]What this page does not include
Everything above is a fact Phibro Animal Health disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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 — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable 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.
191 figures on this page: 188 cited to the filing that reported them, 3 calculated from figures it prints.
188 cited to the filing
3 calculated from the filing
Documents cited
- 0001104659-26-1089392026 Director Compensation · 2026 Summary Compensation Table · CEO PAY RATIO · Narrative Disclosure to Summary Compensation Table and Grants of Plan-Based Awards in Fiscal Year 2026 · and 1 more section
- 0001104659-25-107064
- 0001104659-25-0916502025 Summary Compensation Table
- 0001558370-23-0158202023 Summary Compensation Table
- 0001104659-22-115975ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
- 0001104659-19-060110
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This page is free to cite. Attribution we ask for:
Velarion, “Phibro Animal Health executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/PAHC (accessed 2026).
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The Phibro Animal Health brief, $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 $500 for the board report; $900 for both.
6 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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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}
}