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BADGER METER INC

BMI · FY2025

MISALIGNED

CEO Package

$5.9M

Pay Ratio

—

Kenneth C. Bockhorst

Pay rose +16.7% while TSR fell -55.2 pts

AbbVie Inc.

ABBV · FY2025

MISALIGNED

CEO Package

$32.5M

Pay Ratio

—

Robert A. Michael

Pay outran TSR by +62.0 pts

PROCTER & GAMBLE Co

PG · FY2026

MISALIGNED

CEO Package

$19.0M

Pay Ratio

—

Shailesh G. Jejurikar

Pay outran TSR by +80.7 pts

CEOTotal Compensation — All Companies

BMI$5.9MABBV$32.5MPG$19.0M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

ABBV carries the largest package at $32.5M, about 5.5x BMI.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

BMI

Kenneth C. Bockhorst

$5.9M

base salary15%
stock awards51%
non-equity incentive compensation29%
other compensation1%

ABBV

Robert A. Michael

$32.5M

base salary5%
stock awards41%
option awards10%
other compensation2%

PG

Shailesh G. Jejurikar

$19.0M

base salary7%
stock awards58%
option awards18%
other compensation2%

Quick Comparison

CompanyCEOLatest YearTotal Comp
BADGER METER INC(BMI)Kenneth C. Bockhorst2025$5.9M
AbbVie Inc.(ABBV)Robert A. Michael2025$32.5M
PROCTER & GAMBLE Co(PG)Shailesh G. Jejurikar2026$19.0M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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