Quanta Services Executive Compensation (FY25)
PWR · Houston, TX · Executive and director compensation, fiscal 2022 to 2025
The paid brief on Quanta Services
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.
Data as of September 15, 2026Latest filing (8-K): May 27, 2026
17 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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280 figures on this page: 269 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
More on Quanta Services
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
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- 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
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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 — Earl Austin: $15,626,189 → $15,699,684 (0.5% higher)
Say-on-pay support: 93.4% → 94.1% (0.7 points higher)
CEO pay ratio: 135:1 → 154:1 (14.1% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Quanta Services' chief executive and what were they paid?
Earl Austin was paid $15,699,684 in total compensation as President and Chief Executive Officer for fiscal 2025. Austin's total moved 0.5% higher from the $15,626,189 reported for fiscal 2024.
What was Quanta Services' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 94.1% of votes cast for or against in favor at the meeting held May 21, 2026.
Which companies are in Quanta Services' peer group?
The disclosed peer group includes Corning Incorporated, Cummins, Inc., Dover Corporation, Eaton Corporation and EMCOR Group, Inc., among others.
What is Quanta Services' chief executive pay ratio?
The company reported a chief executive pay ratio of 154:1 for fiscal 2025, against median employee compensation of $102,192.
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 |
|---|---|---|---|---|---|---|---|---|
Earl C. Austin, Jr. President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Paul C. Gregory Chief Strategy Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Derrick Jensen Executive Vice President Business Operations | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jayshree Desai Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
J. Redgie Probst Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Earl C. Austin, Jr. President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
J. Redgie Probst Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jayshree Desai Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Paul C. Gregory Former Chief Strategy Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Derrick Jensen Executive Vice President Business Administration | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gerald A. Ducey, Jr. President Strategic Operations | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Earl Austin President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Redgie Probst Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jayshree Desai Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Karl Studer President - Electric Power | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Derrick Jensen Executive Vice President - Business Operations | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Earl Austin President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jayshree Desai Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Karl Studer President – Electric Power | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gerald Ducey President – Strategic Operations | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Donald Wayne Executive Vice President and General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Donald C. Wayne | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Donald C. Wayne | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Elyse Austin | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Elyse Austin | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gerald Ducey | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Gerald Ducey | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jayshree S. Desai | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Jayshree S. Desai | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Karl W. Studer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Karl W. Studer | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
Fiscal 2022, 2023 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Ms. Desai | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Mr. Studer | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Mr. Austin | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Mr. Ducey | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Mr. Wayne | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — |
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.
Jayshree Desai
Chief Financial Officer · Employment agreement · citing a 2023 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
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 |
|---|---|---|---|---|---|---|---|
Doyle N. Beneby Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Worthing F. Jackman | ◇ | ◇ | — | — | — | — | ◇ |
Warner L. Baxter | ◇ | ◇ | — | — | — | — | ◇ |
R. Scott Rowe | ◇ | ◇ | — | — | — | — | ◇ |
Holli C. Ladhani | ◇ | ◇ | — | — | — | — | ◇ |
Martha B. Wyrsch | ◇ | ◇ | — | — | — | — | ◇ |
Jo-ann M. dePass Olsovsky | ◇ | ◇ | — | — | — | — | ◇ |
Bernard Fried | ◇ | ◇ | — | — | — | — | ◇ |
Raúl J. Valentín | ◇ | ◇ | — | — | — | — | ◇ |
Earl C. (Duke) Austin, Jr, Vincent D. Foster and Joseph Kim 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 restricted stock units.
Stock ownership guideline: 5x annual cash retainer for Board membership
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- Corning Incorporated GLW
- Cummins, Inc. CMI
- Dover Corporation DOV
- Eaton Corporation ETN
- EMCOR Group, Inc. EME
- Emerson Electric Co. EMR
- Fluor Corporation FLR
- Jacobs Solutions Inc. J
- Johnson Controls International PLC JCI
- KBR, Inc. KBR
- L3Harris Technologies, Inc. LHX
- Leidos Holdings, Inc. LDOS
- MasTec, Inc. MTZ
- PACCAR Inc. PCAR
- Parker-Hannifin Corporation PH
- Textron Inc TXT
- Westinghouse Air Brake Technologies Corporation WAB
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 21, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 22, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 24, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 23, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 27, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 27, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 28, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 23, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 24, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 24, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 26, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Quanta Services disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Quanta Services 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 — $1,200Realizable 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.
Inquire about accessMultiple companies at once
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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.
280 figures on this page: 269 cited to the filing that reported them, 11 calculated from figures it prints.
269 cited to the filing
11 calculated from the filing
Documents cited
- 0001193125-26-241989Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-26-1502932025 Director Compensation Table · 2025 Summary Compensation Table · Director Compensation · Grants of Plan-Based Awards · and 1 more section
- 000119312526150293CEO Pay Ratio
- 0001193125-25-130598Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-25-0784532024 Summary Compensation Table
- 0001193125-24-151797Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-24-0938772023 Summary Compensation Table
- 0001193125-23-156591Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-23-0998322022 Summary Compensation Table
- 0001193125-22-164013Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-21-179954Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-20-158581Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-19-157174Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-18-178558Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-17-185772Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-16-610109Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-23-202254EX-10.11
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Quanta Services executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PWR (accessed 2026).
Short form: data: Velarion
The paid brief for Quanta Services
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.
17 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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Peers Quanta Services discloses
The companies named in PWR's own disclosed peer group.
Corning IncorporatedCummins, Inc.Dover CorporationEaton CorporationEMCOR Group, Inc.Emerson Electric Co.Fluor CorporationJacobs Solutions Inc.Johnson Controls International PLCKBR, Inc.L3Harris Technologies, Inc.Leidos Holdings, Inc.MasTec, Inc.PACCAR Inc.Parker-Hannifin CorporationTextron IncWestinghouse Air Brake Technologies Corporation
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}
}