Valvoline Executive Compensation (FY25)
VVV · Executive and director compensation, fiscal 2023 to 2025
The Valvoline 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.
Both reports for $2,400.
Data as of September 19, 2026Latest filing (8-K): January 29, 2026
10 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
274 figures on this page: 265 cited to the filing that reported them, 9 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 — Lori Flees: $4,275,549 → $4,844,663 (13.3% higher)
Say-on-pay support: 91.7% → 87.8% (3.9 points lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Valvoline's chief executive and what were they paid?
Lori Flees, President and Chief Executive Officer, received $4,844,663 in total compensation for fiscal 2025. Compared with the $4,275,549 reported for fiscal 2024, Flees' total was 13.3% higher.
What was Valvoline's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 87.8% of votes cast for or against in favor at the meeting held January 28, 2026.
Which companies are in Valvoline's peer group?
Companies named in the disclosed peer group include Driven Brands Holdings, Inc., Floor & Decor Holdings, Inc., H&R Block, Inc., Leslie’s, Inc. and Mister Car Wash, Inc., among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Lori Flees President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Mary Meixelsperger Senior Vice President Former Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Julie O’Daniel Senior Vice President, Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Lori Flees President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Mary Meixelsperger Senior Vice President Former Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Linne Fulcher Senior Vice President and Chief Operating Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Julie O’Daniel Senior Vice President, Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Jonathan Caldwell Senior Vice President and Chief People Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Lori Flees President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
J. Kevin Willis Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Mary Meixelsperger Senior Vice President Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Linne Fulcher Senior Vice President and Chief Operating Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Julie O’Daniel Senior Vice President, Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Jonathan Caldwell Senior Vice President and Chief People 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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Jonathan Caldwell | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jonathan Caldwell | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jonathan Caldwell | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Julie O’Daniel | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Julie O’Daniel | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Julie O’Daniel | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Kevin Willis | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kevin Willis | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kevin Willis | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Linne Fulcher | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Linne Fulcher | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Linne Fulcher | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Lori Flees | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Lori Flees | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Lori Flees | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mary Meixelsperger | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Mary Meixelsperger | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mary Meixelsperger | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
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 |
|---|---|---|---|---|---|
| Jonathan Caldwell | Option | ◇ | — | ◇ | 11/29/2032 |
| Option | ◇ | — | ◇ | 11/16/2033 | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 11/21/2034 | |
| Julie O’Daniel | Option | ◇ | — | ◇ | 11/29/2032 |
| Option | ◇ | — | ◇ | 11/16/2033 | |
| Option | ◇ | — | ◇ | 11/21/2034 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Mary Meixelsperger | Option | ◇ | — | ◇ | 11/29/2032 |
| Option | ◇ | — | ◇ | 11/16/2033 | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 11/21/2034 | |
| RSU | ◇ | ◇ | — | — | |
| Kevin Willis | Option | ◇ | — | ◇ | 06/02/2035 |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Lori Flees | Option | ◇ | — | ◇ | 11/21/2034 |
| Option | ◇ | — | ◇ | 11/29/2032 | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 11/16/2033 | |
| Linne Fulcher | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 11/16/2033 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 11/21/2034 |
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 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Richard J. Freeland | ◇ | ◇ | — | — | — | — | ◇ |
Mary J. Twinem | ◇ | ◇ | — | — | — | — | ◇ |
Vada O. Manager | ◇ | ◇ | — | — | — | — | ◇ |
Gerald W. Evans Jr | ◇ | ◇ | — | — | — | — | ◇ |
Carol H. Kruse | ◇ | ◇ | — | — | — | — | ◇ |
Charles M. Sonsteby | ◇ | ◇ | — | — | — | — | ◇ |
Patrick S. Pacious | ◇ | ◇ | — | — | — | — | ◇ |
Jennifer L. Slater | ◇ | ◇ | — | — | — | — | ◇ |
Janet S. Wong, Lori A. Flees and Chris Carr 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.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Driven Brands Holdings, Inc. DRVN
- Floor & Decor Holdings, Inc. FND
- H&R Block, Inc. HRB
- Leslie’s, Inc. symbol not shown
- Mister Car Wash, Inc. MCW
- Monro, Inc. MNRO
- National Vision Holdings, Inc. EYE
- The Container Store Group TCS
- Warby Parker Inc. WRBY
- Wingstop Inc. WING
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | January 28, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | January 28, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | January 25, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | January 26, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | January 25, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | January 28, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | January 30, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | January 31, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | January 31, 2018 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Valvoline disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Valvoline 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.
274 figures on this page: 265 cited to the filing that reported them, 9 calculated from figures it prints.
265 cited to the filing
9 calculated from the filing
Documents cited
- 0001674910-26-000006Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001104659-25-122788Fiscal 2025 Director Compensation Program · Grants of Plan-Based Awards for Fiscal 2025 · Outstanding Equity Awards at Fiscal 2025 Year-End · Summary Compensation Table
- 0001674910-25-000027Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001674910-24-000024Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001674910-23-000025Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001674910-22-000019Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001674910-21-000024Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001674910-20-000035Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001674910-19-000031Item 5.07 . Submission of Matters to a V ote of S ecurity Holders .
- 0000947871-18-000104Item 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, “Valvoline executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/VVV (accessed 2026).
Short form: data: Velarion
The Valvoline 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.
Both reports for $2,400.
10 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 Valvoline 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.
Peers Valvoline discloses
The companies named in VVV's own disclosed peer group.
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}
}