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Industrials & Aerospace

PACCAR Executive Compensation (FY25)

PCAR · Bellevue, WA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
R. Preston Feight
Latest say-on-pay support
=
April 28, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 1, 2026Latest filing (8-K): May 1, 2026
10 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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321 figures on this page: 316 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
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 of record: R. P. Feight → R. Preston Feight
Say-on-pay support: 93.3% → 94.1% (0.8 points higher)
CEO pay ratio: 224:1 → 189:1 (15.6% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is PACCAR's chief executive and what were they paid?
R. Preston Feight, Chief Executive Officer, received $12,618,865 in total compensation for fiscal 2025.
What was PACCAR's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 94.1% of votes cast including abstentions in favor at the meeting held April 28, 2026.
Which companies are in PACCAR's peer group?
The disclosed peer group names AB Volvo, AGCO Corporation, Caterpillar Inc., Cummins Inc. and Daimler Truck Holding AG, among others.
What is PACCAR's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 189:1.

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
R. Preston Feight
Chief Executive Officer
◇—◇◇◇◇◇◇
Harrie Schippers
President & Chief Financial Officer
◇—◇◇◇◇◇◇
D.C. Siver
Executive Vice President
◇—◇◇◇◇◇◇
Michael Barkley
Senior Vice President & Controller
◇—◇◇◇◇◇◇
C. Michael Dozier
Executive Vice President
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
R. Preston Feight
Chief Executive Officer
◇—◇◇◇◇◇◇
Harrie Schippers
President & Chief Financial Officer
◇—◇◇◇◇◇◇
C. Michael Dozier
Executive Vice President
◇—◇◇◇◇◇◇
D.C. Siver
Executive Vice President
◇—◇◇◇◇◇◇
Todd R. Hubbard
Vice President
◇—◇◇◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
R. P. Feight
Chief Executive Officer
◇—◇◇◇◇◇◇
Harrie Schippers
President & Chief Financial Officer
◇—◇◇◇◇◇◇
C. Dozier
Executive Vice President
◇—◇◇◇◇◇◇
D.C. Siver
Executive Vice President
◇—◇◇◇◇◇◇
K. D. Baney
Executive Vice President
◇—◇◇◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
R. Preston Feight
Chief Executive Officer
◇—◇◇◇◇◇◇
H. C. Schippers
President & Chief Financial Officer
◇◇◇◇◇◇◇◇
C. M. Dozier
Executive Vice President
◇—◇◇◇◇◇◇
K. D. Baney
Executive Vice President
◇—◇◇◇◇◇◇
B. J. Poplawski
Senior Vice President & Chief Financial 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
B. J. PoplawskiPRSU◇—————◇
B. J. PoplawskiOPTION◇——◇—◇◇
C. M. DozierOPTION◇——◇—◇◇
C. M. DozierPRSU◇—————◇
H. C. SchippersOPTION◇——◇—◇◇
H. C. SchippersPRSU◇—————◇
K. D. BaneyOPTION◇——◇—◇◇
K. D. BaneyPRSU◇—————◇
R. Preston FeightOPTION◇——◇—◇◇
R. Preston FeightPRSU◇—————◇
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
R. Preston FeightOption◇—◇2/8/2033
Option◇—◇2/5/2034
Option◇—◇2/3/2035
Option◇—◇2/7/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
C. DozierOption◇—◇2/8/2033
Option◇—◇2/5/2034
Option◇—◇2/3/2035
Option◇—◇2/2/2031
Option◇—◇2/7/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
H. SchippersOption◇—◇2/8/2033
Option◇—◇2/5/2034
Option◇—◇2/4/2026
Option◇—◇2/3/2035
K. BaneyOption◇—◇2/3/2035
Option◇—◇2/5/2034
Option◇—◇2/7/2032
Option◇—◇2/2/2031
Option◇—◇2/8/2033
Option◇—◇2/4/2030
RSU◇◇——
RSU◇◇——
RSU◇◇——
B. J. PoplawskiOption◇—◇2/3/2035
Option◇—◇2/8/2033
Option◇—◇2/5/2034
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.
B. J. Poplawski
Senior Vice President & Chief Financial Officer · Terms as described in the company’s compensation discussion
Equity acceleration on change in control◇
C. M. Dozier
Executive Vice President · Terms as described in the company’s compensation discussion
Equity acceleration on change in control◇
H. C. Schippers
President · Terms as described in the company’s compensation discussion
Equity acceleration on change in control◇
K. D. Baney
Executive Vice President · Terms as described in the company’s compensation discussion
Equity acceleration on change in control◇
R. Preston Feight
Chief Executive Officer · Terms as described in the company’s compensation discussion
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mark A. Schulz
Lead independent director
◇◇———◇◇
Kirk S. Hachigian
◇◇———◇◇
Pierre R. Breber
◇◇———◇◇
Dame Alison J. Carnwath
◇◇———◇◇
Brice A. Hill
◇◇———◇◇
Barbara B. Hulit
◇◇———◇◇
Ganesh Ramaswamy
◇◇———◇◇
Luiz A. S. Pretti
◇◇———◇◇
Cynthia A. Niekamp
◇◇———◇◇
Mark C. Pigott
Board chair
◇◇———◇◇
John M. Pigott
◇◇———◇◇
Roderick C. McGeary
◇◇————◇
Gregory M. E. Spierkel
◇◇————◇
R. Preston Feight 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◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AB Volvo symbol not shown
  • AGCO Corporation AGCO
  • Caterpillar Inc. CAT
  • Cummins Inc. CMI
  • Daimler Truck Holding AG symbol not shown
  • Deere & Company DE
  • Eaton Corporation ETN
  • Iveco Group N.V. symbol not shown
  • Oshkosh Corporation OSK
  • Terex Corporation TEX
  • TRATON SE symbol not shown

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 28, 2026=◇◇◇
2024April 29, 2025=◇◇◇
2023April 30, 2024=◇◇◇
2022April 25, 2023=◇◇◇
2019April 21, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
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?”
- R. Preston Feight (Chief Executive Officer), FY2025 total compensation $12,618,865 (base salary $1,690,385) [exec_comp, SEC accession 0001193125-26-113876, filed 2026-03-18]

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What this page does not include

Everything above is a fact PACCAR disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where PACCAR 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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Adviser switching and vote outcomes
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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.
321 figures on this page: 316 cited to the filing that reported them, 5 calculated from figures it prints.
316 cited to the filing
5 calculated from the filing

Documents cited

  1. 0001193125-26-201546
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000075362-26-000012
    Summary Compensation Table
  3. 0001193125-26-113876
    CEO Pay Ratio · Compensation Discussion and Analysis · Compensation of Directors · Grants of Plan-Based Awards · and 2 more sections
  4. 0001193125-25-111679
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001193125-25-057811
    2024 Summary Compensation
  6. 0001193125-24-130689
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001193125-24-072684
    2023 Summary Compensation · Summary Compensation Table
  8. 0001193125-23-126902
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001193125-23-071313
    Summary Compensation · Summary Compensation Table
  10. 0001193125-20-118696
    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, “PACCAR executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PCAR (accessed 2026).
Short form: data: Velarion

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10 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

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

Peers PACCAR discloses

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

AGCO CorporationCaterpillar Inc.Cummins Inc.Deere & CompanyEaton CorporationOshkosh CorporationTerex Corporation

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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