V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough

Ryerson Holding Executive Compensation (FY25)

RYZ · Executive and director compensation, fiscal 2023 to 2025

The paid brief on Ryerson Holding

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 7, 2026Latest filing (8-K): May 6, 2026
8 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Ryerson Holding brief$1,500Get the executive brief
195 figures on this page: 190 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Edward Lehner
Median of the other named officers
$923,870
5 officers, excluding the chief executive
Latest say-on-pay support
=
April 30, 2026
Chief executive pay ratio
◇
To the median employee

More on Ryerson Holding

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 — Edward Lehner: $4,963,050 → $17,857,908 (259.8% higher)
Say-on-pay support: 93.7% → 64.4% (29.3 points lower)
CEO pay ratio: 71:1 → 266:1 (274.6% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Ryerson Holding's chief executive and what were they paid?
Edward Lehner, President & Chief Executive Officer, received $17,857,908 in total compensation for fiscal 2025. Lehner's total was 259.8% higher than the $4,963,050 reported for fiscal 2024.
What was Ryerson Holding's say-on-pay result?
Shareholders supported the say-on-pay proposal with 64.4% of votes cast for or against in favor at the meeting held April 30, 2026 for fiscal 2025.
Which companies are in Ryerson Holding's peer group?
The disclosed peer group includes Applied Industrial Tech Inc., Carpenter Technology Corp., Century Aluminum Co., Commercial Metals Co. and Haynes International Inc., among others.
What is Ryerson Holding's chief executive pay ratio?
The company reported a chief executive pay ratio of 266:1 for fiscal 2025, against median employee compensation of $67,173.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Lehner
President & Chief Executive Officer
◇—◇—◇—◇◇
Michael Burbach
Chief Operating Officer
◇—◇—◇◇◇◇
James Claussen
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Mark Silver
Executive Vice President, General Counsel & Chief Human Resources Officer
◇—◇—◇—◇◇
John Orth
Executive Vice President, Operations
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Lehner
President & Chief Executive Officer
◇—◇———◇◇
Michael Burbach
Former Chief Operating Officer
Departed during or after this year
◇—◇———◇◇
James Claussen
Executive Vice President & Chief Financial Officer
◇—◇———◇◇
Mark Silver
Executive Vice President, General Counsel & Chief Human Resources Officer
◇—◇———◇◇
John Orth
Executive Vice President, Operations
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Lehner
President & Chief Executive Officer
◇—◇—◇—◇◇
James Claussen
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Mark Silver
Executive Vice President, General Counsel & Chief Human Resources Officer
◇—◇—◇—◇◇
John Orth
Former Executive Vice President, Operations
Departed during or after this year
◇—◇—◇—◇— not reconciled
Molly Kannan
Chief Accounting Officer & Controller
◇◇◇—◇—◇◇
Srini Sundarrajan
Chief Information 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
Edward LehnerOTHER——————◇
James ClaussenOTHER——————◇
John OrthOTHER——————◇
Mark SilverOTHER——————◇
Molly KannanOTHER——————◇
Srini SundarrajanOTHER——————◇
Fiscal 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
James ClaussenRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Edward LehnerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Srini SundarrajanPSU◇◇——
RSU◇◇——
John OrthPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Molly KannanRSU◇◇——
RSU◇◇——
Mark SilverRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
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.
Edward Lehner
President & Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
James Claussen
Executive Vice President & Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Mark Silver
Executive Vice President, General Counsel & Chief Human Resources Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Benefits continuation◇
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
Stephen P. Larson
◇◇————◇
Kirk K. Calhoun
◇◇————◇
Court D. Carruthers
Lead independent director
◇◇————◇
Michelle A. Kumbier
◇◇————◇
Karen M. Leggio
◇◇————◇
Bruce T. Crawford
◇◇————◇
Michael Siegal, Philip E. Norment, Joey Marabito, Edward J. Lehner and Jacob Kotzubei 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◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Applied Industrial Tech Inc. AIT
  • Carpenter Technology Corp. CRS
  • Century Aluminum Co. CENX
  • Commercial Metals Co. CMC
  • Haynes International Inc. HAYN
  • Kaiser Aluminum Corp. KALU
  • Kaman Corp. KAMN
  • Metallus InC. MTUS
  • MRC Global Inc. MRC
  • MSC Industrial Direct Co Inc. MSM
  • Olympic Steel Inc. ZEUS
  • Radius Recycling Inc. RDUS
  • Reliance INC. RS
  • Steel Dynamics Inc. STLD
  • Worthington Steel, Inc. WS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 30, 2026=◇◇◇
2024April 17, 2025=◇◇◇
2023April 25, 2024=◇◇◇
2020April 28, 2021=◇◇◇
2017April 25, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Email me this page as a cited PDF
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when Ryerson Holding files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Ryerson Holding disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Ryerson Holding 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
Say-on-pay responsiveness
Ryerson Holding recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser 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 access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for a Velarion Pro seat
Full platform access for one person: every industry we cover, peer positioning, and the written analysis. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.
Join the list for Peer Group Review
Whether Ryerson Holding's disclosed peer group is defensible, who names Ryerson Holding back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
195 figures on this page: 190 cited to the filing that reported them, 5 calculated from figures it prints.
190 cited to the filing
5 calculated from the filing

Documents cited

  1. 0001193125-26-208963
  2. 0001193125-26-114120
    DIRECTOR COMPENSATION · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  3. 0000950170-25-056771
  4. 0000950170-25-033598
    Compensation Discussion and Analysis · Summary Compensation Table
  5. 0000950170-24-050072
  6. 0000950170-24-029963
    Summary Compensation Table
  7. 0001564590-21-022553
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-18-143688
    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, “Ryerson Holding executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/RYZ (accessed 2026).
Short form: data: Velarion

The paid brief for Ryerson Holding

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.
Get the executive briefGet the board briefNo account needed.
8 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
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Ryerson Holding and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Peers Ryerson Holding discloses

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

Applied Industrial Tech Inc.Carpenter Technology Corp.Century Aluminum Co.Commercial Metals Co.Haynes International Inc.Kaiser Aluminum Corp.Kaman Corp.Metallus InC.MRC Global Inc.MSC Industrial Direct Co Inc.Reliance INC.Steel Dynamics Inc.

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}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy