CLMT · Calumet, Inc. · Executive Compensation

$38.54 -1.10 (-2.78%) Play latest call Q3 2026 earnings call transcript

Russell 2000 member Rebalance outlook locked

Market Cap

$3.49B

88.09M

Volume · Nov 9 718.19K Avg daily vol (3M) 1.46M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Todd Borgmann	President & Chief Executive Officer	$950,000	—	$4,455,029	—	$1,287,593	$106,654	$6,799,276
Scott Obermeier	President - Specialties	$492,847	—	$785,787	—	$639,445	$20,480	$1,938,559
Bruce Fleming	Executive Vice President - Montana Renewables & Corporate Strategy	$532,478	—	$748,779	—	$468,423	$177,549	$1,927,229
David Lunin	Executive Vice President - Chief Financial Officer	$491,856	—	$799,826	—	$595,877	$21,072	$1,908,631
Gregory Morical	Senior Vice President, General Counsel & Secretary	$415,534	—	$491,618	—	$359,964	$34,276	$1,301,391

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Todd Borgmann	President & Chief Executive Office	$783,750	$587,813	—	—	—	$57,978	$1,429,541
David Lunin	Executive Vice President - Chief Financial Officer	$479,524	$239,762	$384,823	—	—	$136,854	$1,240,963
Bruce Fleming	Executive Vice President - Montana Renewables & Corporate Strategy	$478,812	$359,109	—	—	—	$140,242	$978,163
Scott Obermeier	Executive Vice President - Specialties	$468,949	$234,475	—	—	—	$18,407	$721,831
Gregory Morical	Senior Vice President, General Counsel & Secretary	$379,958	$151,984	—	—	—	$35,145	$567,087

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Todd Borgmann	President & Chief Executive Office	$735,000	—	$1,750,000	—	—	$17,040	$2,502,040
Bruce Fleming	Executive Vice President - Montana Renewables & Corporate Strategy	$464,255	—	$1,750,000	—	—	$19,715	$2,233,970
Gregory Morical	Senior Vice President, General Counsel & Secretary	$348,680	—	$500,000	—	—	$15,821	$864,501
Scott Obermeier	Executive Vice President - Specialties	$445,250	$302,770	—	—	—	$17,594	$765,614

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Todd Borgmann	President & Chief Executive Office	$568,593	—	$2,195,828	—	$1,279,334	$21,434	$4,065,189
Bruce Fleming	Executive Vice President - Montana Renewables & Corporate Strategy	$447,022	—	$2,355,648	—	$1,005,800	$25,652	$3,834,122
Gregory Morical	Senior Vice President, General Counsel & Secretary	$332,721	—	$787,828	—	$399,265	$33,342	$1,553,156
Scott Obermeier	Executive Vice President - Specialties	$397,220	—	$470,000	—	$610,830	$22,616	$1,500,666

Executive changes

Person	Role	Change	Effective	Filed
John R. Krutz	Chief Accounting Officer and principal accounting officer	Appointed	2025-05-21	2025-05-21
Vincent Donargo	Chief Accounting Officer and principal accounting officer	Resigned	2025-04-15	2025-04-04

Leadership

Todd Borgmann CEO
David Lunin CFO
Gregory Morical General Counsel
John R. Krutz Chief Accounting Officer

Key facts CIK 2013745 CUSIP 131428104 13F (30d) 82 filings 76 filers Visit website Investor relations