Textron Executive Compensation (FY25)
TXT · Providence, RI · Executive and director compensation, fiscal 2022 to 2025
The Textron brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 12, 2026Latest filing (8-K): May 1, 2026
6 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
310 figures on this page: 307 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
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 — Scott Donnelly: $19,643,978 → $21,165,556 (7.7% higher)
Say-on-pay support: 92.5% → 89.7% (2.8 points lower)
CEO pay ratio: 171:1 → 190:1 (11.1% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Textron's chief executive and what were they paid?
Scott Donnelly, Chairman, President and Chief Executive Officer, received $21,165,556 in total compensation for fiscal 2025. Compared with the $19,643,978 reported for fiscal 2024, Donnelly's total was 7.7% higher.
What was Textron's say-on-pay result?
The say-on-pay proposal drew 89.7% of votes cast for or against in favor at the meeting held April 29, 2026 for fiscal 2025.
Which companies are in Textron's peer group?
The disclosed peer group includes BorgWarner Inc., Eaton Corporation Plc, Emerson Electric Co., General Dynamics Corporation and Honeywell International Inc., among others.
What is Textron's chief executive pay ratio?
The company reported a chief executive pay ratio of 190:1 for fiscal 2025, against median employee compensation of $34,000.
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 |
|---|---|---|---|---|---|---|---|---|
Scott C. Donnelly Chairman, President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Frank T. Connor Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
E. Robert Lupone Executive Vice President, General Counsel, Secretary and Chief Compliance Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Scott C. Donnelly Chairman, President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Frank T. Connor Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Julie Duffy Executive Vice President and Chief Human Resources Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | — not reconciled |
E. Robert Lupone Executive Vice President, General Counsel and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Scott Donnelly Chairman, President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Frank Connor Executive Vice President and Chief Financial Officer (Retired) | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
David Rosenberg Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
E. Robert Lupone Executive Vice President, General Counsel and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Julie Duffy Executive Vice President and Chief Human Resources Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Scott Donnelly Chairman, President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
E. Robert Lupone Executive Vice President, General Counsel and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
David Rosenberg Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Julie Duffy Executive Vice President and Chief Human Resources Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Frank Connor Executive Vice President and Chief Financial Officer (Retired) 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 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| David M. Rosenberg | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| David M. Rosenberg | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| David M. Rosenberg | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| E. Robert Lupone | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| E. Robert Lupone | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| E. Robert Lupone | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Julie G. Duffy | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Julie G. Duffy | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Julie G. Duffy | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Scott C. Donnelly | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Scott C. Donnelly | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Scott C. Donnelly | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 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 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Scott Donnelly | Option | ◇ | — | ◇ | 3/1/2035 |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2034 | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2035 | |
| PSU | ◇ | ◇ | — | — | |
| David Rosenberg | Option | ◇ | — | ◇ | 3/1/2034 |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| Julie Duffy | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| Option | ◇ | — | ◇ | 3/1/2035 | |
| Option | ◇ | — | ◇ | 3/1/2034 | |
| Frank Connor | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| Option | ◇ | — | ◇ | 3/1/2034 | |
| E. Lupone | Option | ◇ | — | ◇ | 3/1/2035 |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2034 | |
| Option | ◇ | — | ◇ | 3/1/2033 |
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.
David Rosenberg
Executive Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
E. Robert Lupone
Executive Vice President, General Counsel and Secretary · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance cash amount | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Excise tax treatment | ◇ |
Julie Duffy
Executive Vice President and Chief Human Resources Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Excise tax treatment | ◇ |
Scott Donnelly
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| 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 |
|---|---|---|---|---|---|---|---|
R. Kerry Clark | ◇ | ◇ | — | — | — | ◇ | ◇ |
Deborah Lee James | ◇ | ◇ | — | — | — | ◇ | ◇ |
Lionel L. Nowell III Lead independent director | ◇ | ◇ | — | — | — | ◇ | ◇ |
Thomas A. Kennedy | ◇ | ◇ | — | — | — | ◇ | ◇ |
Maria T. Zuber | ◇ | ◇ | — | — | — | ◇ | ◇ |
Richard F. Ambrose | ◇ | ◇ | — | — | — | ◇ | ◇ |
Michael X. Garrett | ◇ | ◇ | — | — | — | ◇ | ◇ |
Kathleen M. Bader | ◇ | ◇ | — | — | — | ◇ | ◇ |
Rob Mionis | ◇ | ◇ | — | — | — | ◇ | ◇ |
James L. Ziemer | ◇ | ◇ | — | — | — | — | ◇ |
Lisa M. Atherton, Cristina Méndez and Scott C. Donnelly 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 | ◇ |
| 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 2025
- BorgWarner Inc. BWA
- Eaton Corporation Plc ETN
- Emerson Electric Co. EMR
- General Dynamics Corporation GD
- Honeywell International Inc. HON
- Howmet Aerospace, Inc. HWM
- Huntington Ingalls Industries Inc. HII
- Illinois Tool Works Inc. ITW
- L3Harris Technologies, Inc. LHX
- Lear Corporation LEA
- Northrop Grumman Corporation NOC
- Oshkosh Corporation OSK
- Parker-Hannifin Corporation PH
- Rockwell Automation Inc. ROK
- Spirit AeroSystems Holdings, Inc. SPR
- TransDigm Group TDG
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 29, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 23, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 24, 2024 | = | ◇ | ◇ | ◇ |
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 Textron disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Textron 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
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 IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
310 figures on this page: 307 cited to the filing that reported them, 3 calculated from figures it prints.
307 cited to the filing
3 calculated from the filing
Documents cited
- 0001104659-26-054116
- 0001552781-26-000084Compensation Discussion and Analysis · Compensation of Directors · Grants of Plan-Based Awards in Fiscal 2025 · Outstanding Equity Awards at 2025 Fiscal Year-End · and 2 more sections
- 0000217346-25-000048
- 0000217346-24-000063
- 0001552781-24-000070SUMMARY COMPENSATION TABLE
- 0001552781-23-000078SUMMARY COMPENSATION TABLE
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Textron executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TXT (accessed 2026).
Short form: data: Velarion
The Textron brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
6 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 Textron discloses
The companies named in TXT's own disclosed peer group.
BorgWarner Inc.Eaton Corporation PlcEmerson Electric Co.General Dynamics CorporationHoneywell International Inc.Howmet Aerospace, Inc.Huntington Ingalls Industries Inc.Illinois Tool Works Inc.L3Harris Technologies, Inc.Lear CorporationNorthrop Grumman CorporationOshkosh CorporationParker-Hannifin CorporationRockwell Automation Inc.Spirit AeroSystems Holdings, Inc.TransDigm Group
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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}
}