Spirit AeroSystems Holdings Executive Compensation (FY24)
SPR · Executive and director compensation, fiscal 2022 to 2024
The paid brief on Spirit AeroSystems Holdings
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 27, 2025
12 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
$1,500Get the executive brief
181 figures on this page: 172 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
More on Spirit AeroSystems Holdings
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 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 — Patrick Shanahan: $8,919,114 → $11,457,523 (28.5% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Spirit AeroSystems Holdings' chief executive and what were they paid?
Total compensation for Patrick Shanahan, President and Chief Executive Officer, came to $11,457,523 in fiscal 2024. Shanahan's total was 28.5% higher than the $8,919,114 reported for fiscal 2023.
What was Spirit AeroSystems Holdings' say-on-pay result?
For fiscal 2024, the say-on-pay proposal drew 71.5% support at the meeting held May 23, 2025.
Which companies are in Spirit AeroSystems Holdings' peer group?
The disclosed peer group names AAR Corp., Curtiss-Wright, Hexcel Corporation, Howmet Aerospace and Huntington Ingalls, among others.
What is Spirit AeroSystems Holdings' chief executive pay ratio?
For fiscal 2024, the company reported a chief executive pay ratio of 174:1, against median employee compensation of $65,721.
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 |
|---|---|---|---|---|---|---|---|---|
Mark Suchinski Former Senior Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Patrick Shanahan President and Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Mark Suchinski Former Senior Vice President and Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Patrick Shanahan President and Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Irene Esteves Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Mindy McPheeters Former General Counsel Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Justin Welner Senior Vice President, Chief Administration & Compliance Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Gregg Brown Senior Vice President, Global Quality | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Sean Black Senior Vice President, Engineering and R&T, Chief Technology Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Mark Suchinski Former Senior Vice President and Chief Financial 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 |
|---|---|---|---|---|---|---|---|---|
| Gregg Brown | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gregg Brown | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Irene Esteves | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Irene Esteves | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Justin Welner | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mark Suchinski | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mindy McPheeters | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Patrick M. Shanahan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sean Black | 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 |
|---|---|---|---|---|---|
| Sean Black | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Justin Welner | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Irene Esteves | RSU | ◇ | ◇ | — | — |
| Gregg Brown | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Patrick Shanahan | RSU | ◇ | ◇ | — | — |
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 |
|---|---|---|---|---|---|---|---|
Robert D. Johnson Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Laura H. Wright | ◇ | ◇ | — | — | — | — | ◇ |
Ronald T. Kadish | ◇ | ◇ | — | — | — | — | ◇ |
William A. Fitzgerald | ◇ | ◇ | — | — | — | — | ◇ |
James R. Ray | ◇ | ◇ | — | — | — | — | ◇ |
Paul E. Fulchino | ◇ | ◇ | — | — | — | — | ◇ |
John L. Plueger | ◇ | ◇ | — | — | — | — | ◇ |
Stephen A. Cambone | ◇ | ◇ | — | — | — | — | ◇ |
Jane P. Chappell | ◇ | ◇ | — | — | — | — | ◇ |
Irene M. Esteves and Patrick M. Shanahan 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 or RSUs (director's election).
Stock ownership guideline: 5x annual cash 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 2024
- AAR Corp. AIR
- Curtiss-Wright CW
- Hexcel Corporation HXL
- Howmet Aerospace HWM
- Huntington Ingalls symbol not shown
- L3 Harris Technologies LHX
- Lennox International Inc. LII
- Moog Inc. MOG.A
- Oshkosh Corporation OSK
- Owens Corning OC
- Parker Hannifin PH
- Parsons Corporation PSN
- Textron TXT
- TransDigm Group Incorporated TDG
- Triumph Group TGI
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | May 23, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 24, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 26, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 27, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 28, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 22, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 26, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 27, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 26, 2017 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
What this page does not include
Everything above is a fact Spirit AeroSystems Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Spirit AeroSystems Holdings 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.
181 figures on this page: 172 cited to the filing that reported them, 9 calculated from figures it prints.
172 cited to the filing
9 calculated from the filing
Documents cited
- 0001104659-25-052528
- 0001140361-25-0152092024 Director Compensation Table · CEO Pay Ratio · DIRECTOR COMPENSATION · Grants of Plan-Based Awards · and 2 more sections
- 0001104659-24-054030
- 0001104659-24-033265Summary Compensation Table
- 0001104659-23-052909
- 0001104659-23-032562Summary Compensation Table
- 0001104659-22-054624
- 0001104659-21-060750
- 0001104659-20-052339
- 0001104659-19-023989
- 0001104659-18-027872
- 0001104659-17-028460
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Spirit AeroSystems Holdings executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/SPR (accessed 2026).
Short form: data: Velarion
The paid brief for Spirit AeroSystems Holdings
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.
12 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 Spirit AeroSystems Holdings discloses
The companies named in SPR's own disclosed peer group.
Terms on this page
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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}
}