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Werner Enterprises Executive Compensation (FY25)

WERN · Executive and director compensation, fiscal 2023 to 2025

The Werner Enterprises 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 9, 2026Latest filing (8-K): May 13, 2026
10 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Werner Enterprises brief$1,500Get the executive brief
216 figures on this page: 207 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Derek Leathers
Latest say-on-pay support
=
May 12, 2026
Chief executive pay ratio
◇
To the median employee
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 — Derek Leathers: $5,824,493 → $6,048,549 (3.8% higher)
Say-on-pay support: 91.7% → 97.5% (5.8 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Werner Enterprises' chief executive and what were they paid?
Total compensation for Derek Leathers, Chief Executive Officer, came to $6,048,549 in fiscal 2025. Leathers' total was 3.8% higher than the $5,824,493 reported for fiscal 2024.
What was Werner Enterprises' say-on-pay result?
The say-on-pay proposal drew 97.5% of votes cast for or against in favor at the meeting held May 12, 2026 for fiscal 2025.
Which companies are in Werner Enterprises' peer group?
The disclosed peer group names ArcBest, Covenant Logistics Group, Hub Group, J.B. Hunt and Knight-Swift Transportation, among others.
What is Werner Enterprises' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 113:1.

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
Derek Leathers
Chief Executive Officer
◇—◇—◇—◇◇
Christopher Wikoff
EVP, Treasurer & Chief Financial Officer
◇◇◇—◇——◇
Nathan Meisgeier
President & Chief Legal Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Derek Leathers
Chief Executive Officer
◇—◇—◇—◇◇
Nathan Meisgeier
President & Chief Legal Officer
◇—◇—◇—◇◇
Eric Downing
EVP & Chief Operating Officer
◇—◇—◇—◇◇
Daragh Mahon
EVP & Chief Information Officer
◇—◇—◇—◇◇
Christopher Wikoff
EVP, Treasurer & Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Derek Leathers
Chief Executive Officer
◇—◇—◇—◇◇
Nathan Meisgeier
President & Chief Legal Officer
◇—◇—◇—◇◇
Christopher Wikoff
EVP, Treasurer & Chief Financial Officer
◇—◇—◇—◇◇
Eric Downing
EVP & Chief Operating Officer
◇—◇—◇—◇◇
Daragh Mahon
EVP & 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
Christopher D. WikoffRSU◇——◇———
Christopher D. WikoffPSU◇◇◇—◇—◇
Daragh P. MahonPSU◇◇◇—◇—◇
Daragh P. MahonRSU◇——◇———
Derek J. LeathersRSU◇——◇———
Derek J. LeathersPSU◇◇◇—◇—◇
Eric J. DowningPSU◇◇◇—◇—◇
Eric J. DowningRSU◇——◇———
Nathan J. MeisgeierPSU◇◇◇—◇—◇
Nathan J. MeisgeierRSU◇——◇———
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
Derek LeathersRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Christopher WikoffRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Nathan MeisgeierRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Eric DowningRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Daragh MahonRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
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 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Scott C. Arves
Lead independent director
◇◇————◇
Alexi A. Wellman
◇◇————◇
Diane K. Duren
◇◇————◇
Carmen A. Tapio
◇◇————◇
Michelle D. Greene
◇◇————◇
Michelle D. Livingstone
◇◇————◇
Jack A. Holmes
◇◇————◇
M. Gayle Packer
◇◇————◇
Derek J. Leathers 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.

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◇
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
  • ArcBest ARCB
  • Covenant Logistics Group symbol not shown
  • Hub Group HUBG
  • J.B. Hunt JBHT
  • Knight-Swift Transportation KNX
  • Old Dominion Freight Line ODFL
  • Radiant Logistics RLGT
  • RXO RXO
  • Saia SAIA
  • Schneider National SNDR
  • TFI International symbol not shown

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 12, 2026=◇◇◇
2024May 13, 2025=◇◇◇
2023May 14, 2024=◇◇◇
2022May 9, 2023=◇◇◇
2021May 10, 2022=◇◇◇
2020May 11, 2021=◇◇◇
2018May 14, 2019=◇◇◇
2017May 8, 2018=◇◇◇
2016May 9, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
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What this page does not include

Everything above is a fact Werner Enterprises disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Werner Enterprises 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
Adviser 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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
216 figures on this page: 207 cited to the filing that reported them, 9 calculated from figures it prints.
207 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000793074-26-000103
  2. 0000793074-26-000083
    CEO PAY RATIO · DIRECTOR COMPENSATION AND BENEFITS · GRANTS OF PLAN-BASED AWARDS FOR 202 · OUTSTANDING EQUITY AWARDS AT 2025 YEAR-END · and 1 more section
  3. 0000793074-25-000030
  4. 0000793074-24-000042
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000793074-23-000030
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000793074-22-000027
  7. 0000793074-21-000035
  8. 0000793074-19-000024
  9. 0000793074-18-000022
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000793074-17-000032
    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, “Werner Enterprises executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/WERN (accessed 2026).
Short form: data: Velarion

The Werner Enterprises 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.
Get the executive briefGet the board briefNo account needed.
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
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Peers Werner Enterprises discloses

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

ArcBestHub GroupJ.B. HuntKnight-Swift TransportationOld Dominion Freight LineRadiant LogisticsRXOSaiaSchneider National

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}
}
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