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Parsons Executive Compensation (FY25)

PSN · Centreville, VA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): April 15, 2026
202 figures on this page: 195 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Carey Smith was paid $7,266,354 in total compensation as Chair, President & Chief Executive Officer for fiscal 2025, and Smith's total was 34.0% lower than the $11,013,860 reported for fiscal 2024. Meanwhile, the company reported a chief executive pay ratio of 60:1 for fiscal 2025, against median employee compensation of $121,381. Separately, for fiscal 2025, shareholders backed the say-on-pay proposal with 96.3% of votes cast for or against in favor at the meeting held April 14, 2026. Companies named in the disclosed peer group include AECOM, Booz Allen Hamilton Holding Corporation, CACI International Inc, Jacobs Solutions Inc and KBR, Inc, among others.
Chief executive, fiscal 2025
◇
Carey Smith
Latest say-on-pay support
=
April 14, 2026
Chief executive pay ratio
◇
To the median employee
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 — Carey Smith: $11,013,860 → $7,266,354 (34.0% lower)
Say-on-pay support: 97.8% → 96.3% (1.5 points lower)
CEO pay ratio: 97:1 → 60:1 (38.1% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Parsons' chief executive and what were they paid?
Carey Smith was paid $7,266,354 in total compensation as Chair, President & Chief Executive Officer for fiscal 2025. Smith's total was 34.0% lower than the $11,013,860 reported for fiscal 2024.
What was Parsons' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 96.3% of votes cast for or against in favor at the meeting held April 14, 2026.
Which companies are in Parsons' peer group?
Companies named in the disclosed peer group include AECOM, Booz Allen Hamilton Holding Corporation, CACI International Inc, Jacobs Solutions Inc and KBR, Inc, among others.
What is Parsons' chief executive pay ratio?
The company reported a chief executive pay ratio of 60:1 for fiscal 2025, against median employee compensation of $121,381.

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
Carey Smith
Chair, President and Chief Executive Officer
◇—◇—◇◇◇◇
George Ball
President, Critical Infrastructure
◇—◇—◇◇◇◇
Matthew Ofilos
Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Carey Smith
Chair, President & Chief Executive Officer
◇—◇—◇◇◇◇
Matthew Ofilos
Chief Financial Officer
◇—◇—◇◇◇◇
Michael Kolloway
Chief Legal Officer & Secretary
◇—◇—◇◇◇◇
Susan Balaguer
Chief Human Resources Officer
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Carey Smith
Chair, President & Chief Executive Officer
◇—◇—◇◇◇◇
Matthew Ofilos
Chief Financial Officer
◇—◇—◇◇◇◇
Michael Kolloway
Chief Legal Officer & Secretary
◇—◇—◇◇◇◇
Susan Balaguer
Chief Human Resources Officer
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Carey Smith
Chair, President & Chief Executive Officer
◇—◇—◇◇◇◇
Matthew Ofilos
Chief Financial Officer
◇—◇—◇◇◇◇
Michael Kolloway
Chief Legal Officer & Secretary
◇—◇—◇◇◇◇
Susan Balaguer
Chief Human Resources 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
Carey A. SmithPSU◇◇◇◇◇—◇
Carey A. SmithRSU◇——◇——◇
Matthew OfilosPSU◇◇◇◇◇—◇
Matthew OfilosRSU◇——◇——◇
Michael R. KollowayPSU◇◇◇◇◇—◇
Michael R. KollowayRSU◇——◇——◇
Susan M. BalaguerPSU◇◇◇◇◇—◇
Susan M. BalaguerRSU◇——◇——◇
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.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steven F. Leer
◇◇———◇◇
M. Christian Mitchell
◇◇———◇◇
David C. Wajsgras
◇◇——◇◇◇
Harry T. McMahon
◇◇———◇◇
Letitia A. Long
◇◇———◇◇
Ellen M. Lord
◇◇———◇◇
Mark K. Holdsworth
◇◇———◇◇
George L. Ball
◇◇———◇◇
Robert H. Smith
◇◇————◇
Darren W. McDew, Carey A. Smith and Suzanne M. Vautrinot 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◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual retainer ($550,000)

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
  • Booz Allen Hamilton Holding Corporation BAH
  • CACI International Inc CACI
  • Jacobs Solutions Inc J
  • KBR, Inc KBR
  • Kratos Defense & Security Solutions, Inc KTOS
  • Leidos Holdings, Inc LDOS
  • Science Applications International Corporation SAIC
  • Stantec, Inc STN
  • Teledyne Technologies, Inc TDY
  • V2X, Inc VVX
  • WSP Global, Inc WSP

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 14, 2026=◇◇◇
2024April 15, 2025=◇◇◇
2023April 16, 2024=◇◇◇
2022April 18, 2023=◇◇◇
2021April 14, 2022=◇◇◇
2020April 20, 2021=◇◇◇
2019April 21, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Parsons disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Parsons 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 — $1,500
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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
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.
Velarion Intelligence
Adviser 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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
202 figures on this page: 195 cited to the filing that reported them, 7 calculated from figures it prints.
195 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001193125-26-157010
  2. 0001193125-26-085390
    CEO Pay Ratio · DIRECTOR COMPENSATION · Grants of Plan-Based Awards Table · Summary Compensation Table
  3. 0000950170-25-054863
  4. 0000950170-25-033061
    Summary Compensation Table
  5. 0000950170-24-046171
  6. 0000950170-24-025355
    Summary Compensation Table
  7. 0000950170-23-013699
  8. 0001193125-23-060616
    Summary Compensation Table
  9. 0001564590-22-014661
  10. 0001193125-21-129056
  11. 0001193125-20-130920
    Item 5.07 Submission of Matters to a Vote of Security Holders
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This page is free to cite. Attribution we ask for:
Velarion, “Parsons executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PSN (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Parsons discloses

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

CACI International IncLeidos Holdings, IncScience Applications International Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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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