Shyft Group Executive Compensation (FY24)
SHYF · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024 ◇ John Dunn | Chief executive pay ratio ◇ To the median employee |
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Data as of November 4, 2026Latest filing (DEF 14A): March 31, 2025
1 filing cited on this page
Method: intel.velarion.ai/methodology
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172 figures on this page, cited to the filing that reported them. See the citations
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — John Dunn: $3,402,383 → $6,704,927 (97.1% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Shyft Group's chief executive and what were they paid?
John Dunn was paid $6,704,927 in total compensation as President & Chief Executive Officer for fiscal 2024. Compared with the $3,402,383 reported for fiscal 2023, Dunn's total was 97.1% higher.
Which companies are in Shyft Group's peer group?
The disclosed peer group includes Agco Corp, Allison Transmission Holding, Art’s-Way Manufacturing Co, Caterpillar Inc and China Yuchai Intl Ltd, among others. Companies named in the 2024 peer group include Alamo Group, Inc., Astec Industries, Inc., Barnes Group, Inc., Blue Bird Corporation and Columbus McKinnon Corporation, among others.
What is Shyft Group's chief executive pay ratio?
The company reported a chief executive pay ratio of 109:1 for fiscal 2024, against median employee compensation of $61,980.
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 |
|---|---|---|---|---|---|---|---|---|
Jonathan Douyard Former Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Joshua Sherbin Chief Legal, Administrative, and Compliance Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Colin Hindman Former Chief Human Resources Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
John Dunn President & Chief Executive Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Jonathan Douyard Former Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Joshua Sherbin Chief Legal, Administrative, and Compliance Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Colin Hindman Former Chief Human Resources Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jacob Farmer President, Specialty Vehicles and Fleet Vehicles & Services | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
John Dunn President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Joshua Sherbin Chief Legal, Administrative, and Compliance Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Jacob Farmer President, Specialty Vehicles and Fleet Vehicles & Services | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Jonathan Douyard Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Colin Hindman Former Chief Human Resources Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 2024
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Colin Hindman | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Colin Hindman | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jacob Farmer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jacob Farmer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jacob Farmer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jacob Farmer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| John Dunn | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| John Dunn | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| John Dunn | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jonathan Douyard | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jonathan Douyard | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Joshua Sherbin | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Joshua Sherbin | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Joshua Sherbin | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Joshua Sherbin | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Joshua Sherbin | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| John Dunn | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Joshua Sherbin | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Jacob Farmer | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Colin Hindman | PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
James Sharman Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Michael Dinkins | ◇ | ◇ | — | — | — | — | ◇ |
Paul Mascarenas | ◇ | ◇ | — | — | — | — | ◇ |
Angela Freeman | ◇ | ◇ | — | — | — | — | ◇ |
Pamela Kermisch | ◇ | ◇ | — | — | — | — | ◇ |
Terri Pizzuto | ◇ | ◇ | — | — | — | — | ◇ |
Mark Rourke | ◇ | ◇ | — | — | — | — | ◇ |
Carl Esposito | ◇ | ◇ | — | — | — | — | ◇ |
John Dunn served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
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 | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- Agco Corp AGCO
- Allison Transmission Holding ALSN
- Art’s-Way Manufacturing Co symbol not shown
- Caterpillar Inc CAT
- China Yuchai Intl Ltd symbol not shown
- CNH Industrial NV CNH
- Conrad Industries Inc symbol not shown
- Cummins Inc CMI
- Deere & Co DE
- Freightcar America Inc RAIL
- GATX Corp GATX
- Gencor Industries, Inc. GENC
- Greenbrier Companies Inc GBX
- H&E Equipment Services, Inc HEES
- Hyster-Yale Materials HY
- Komatsu Ltd-Spons ADR symbol not shown
- Kubota Corp -Spons ADR symbol not shown
- Manitex International Inc MNTX
- Miller Industries Inc/Tenn symbol not shown
- Oshkosh Corp OSK
- Paccar Inc PCAR
- RB Global, Inc. RBA
- Sypris Solutions Inc symbol not shown
- Terex Corp TEX
- Trinity Industries Inc TRN
- Twin Disc Inc TWIN
- United Rentals Inc URI
- Wabtec Corp WAB
- Westport Fuel Systems Inc symbol not shown
2024 peer group
- Alamo Group, Inc. ALG
- Astec Industries, Inc. ASTE
- Barnes Group, Inc. B
- Blue Bird Corporation BLBD
- Columbus McKinnon Corporation CMCO
- Commercial Vehicle Group, Inc. CVGI
- Douglas Dynamics, Inc. PLOW
- Enerpac Tool Group Corporation EPAC
- EnPro Industries, Inc. NPO
- ESCO Technologies, Inc. ESE
- Federal Signal Corporation FSS
- Lindsay Corporation LNN
- Miller Industries, Inc. MLR
- Standex International Corporation SXI
- The Manitowoc Company, Inc. MTW
- Wabash National Corporation WNC
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
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- John Dunn (President & Chief Executive Officer), FY2024 total compensation $6,704,927 (base salary $780,000) [exec_comp, SEC accession 0001140361-25-011166, filed 2025-03-31]What this page does not include
Everything above is a fact Shyft Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Shyft Group 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 — $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 — $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.
172 figures on this page, cited to the filing that reported them.
172 cited to the filing
Documents cited
- 0001140361-25-011166Executive Compensation Tables
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Velarion, “Shyft Group executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/SHYF (accessed 2026).
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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $900.
1 filing cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Peers Shyft Group discloses
The companies named in SHYF's own disclosed peer group.
Agco CorpAllison Transmission HoldingCaterpillar IncCNH Industrial NVCummins IncDeere & CoFreightcar America IncGATX CorpGencor Industries, Inc.Greenbrier Companies IncH&E Equipment Services, IncHyster-Yale MaterialsOshkosh CorpPaccar IncRB Global, Inc.Terex CorpTrinity Industries IncTwin Disc IncUnited Rentals IncWabtec CorpAlamo Group, Inc.Astec Industries, Inc.Barnes Group, Inc.Blue Bird 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}
}