GRMN · Garmin Ltd

$242.83 +2.73 (+1.14%) At close · Jul 24

Market Cap

$46.87B

192.86M

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
Clifton A. Pemble	CEO	$1,400,000	$358	$6,300,085	—	—	$43,911	$7,744,354
Patrick G. Desbois	COO	$900,577	$358	$2,150,002	—	—	$41,098	$3,092,035
Philip I. Straub	Board Member	$850,577	$358	$1,825,335	—	—	$41,098	$2,717,368
Douglas G. Boessen	CFO	$800,577	$358	$1,699,877	—	—	$43,911	$2,544,723
Bradley C. Trenkle	COO	$601,923	$358	$1,750,142	—	—	$35,473	$2,387,896

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Clifton A. Pemble	CEO	$1,400,000	$358	$5,800,074	—	—	$40,473	$7,240,905
Patrick G. Desbois	COO	$875,481	$358	$2,000,237	—	—	$40,473	$2,916,549
Philip I. Straub	Board Member	$825,481	$358	$1,649,948	—	—	$40,473	$2,516,260
Douglas G. Boessen	CFO	$780,385	$358	$1,475,121	—	—	$40,473	$2,296,337
Bradley C. Trenkle	COO	$550,962	$358	$1,349,859	—	—	$34,098	$1,935,277

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Clifton A. Pemble	CEO	$1,350,962	$333	$5,150,023	—	—	$39,348	$6,540,666
Patrick G. Desbois	COO	$801,443	$333	$1,700,084	—	—	$39,348	$2,541,208
Philip I. Straub	Board Member	$751,442	$4,579	$1,449,866	—	—	$39,348	$2,245,235
Douglas G. Boessen	CFO	$750,577	$333	$1,249,990	—	—	$39,348	$2,040,248
Andrew R. Etkind	General Counsel	$730,000	$306	$399,891	—	—	$498,078	$1,628,275

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Clifton A. Pemble	CEO	$1,225,962	$333	$3,323,452	—	—	$35,848	$4,585,595
Patrick G. Desbois	COO	$740,385	$333	$1,319,823	—	—	$35,848	$2,096,389
Philip I. Straub	Board Member	$739,423	$333	$1,260,539	—	—	$35,848	$2,036,143
Andrew R. Etkind	General Counsel	$700,000	$314	$755,417	—	—	$431,414	$1,887,145
Douglas G. Boessen	CFO	$694,423	$333	$803,965	—	—	$35,848	$1,534,569

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Clifton A. Pemble	CEO	$1,200,000	$307	$3,003,686	—	—	$34,348	$4,238,341
Philip I. Straub	Board Member	$705,000	$307	$1,134,214	—	—	$34,348	$1,873,869
Andrew R. Etkind	General Counsel	$670,000	$328	$672,725	—	—	$436,324	$1,779,377
Patrick G. Desbois	co-Chief Operating Officer	$630,000	$1,722	$1,042,880	—	—	$34,348	$1,708,950
Douglas G. Boessen	CFO	$660,000	$307	$720,567	—	—	$34,348	$1,415,222
Min H. Kao	Chairman	$350,000	$307	$0	$0	—	$34,123	$384,430

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Clifton A. Pemble	CEO	$1,050,000	$307	$2,599,853	—	—	$34,116	$3,684,276
Philip I. Straub	Board Member	$680,000	$307	$1,165,068	—	—	$34,116	$1,879,491
Andrew R. Etkind	General Counsel	$645,000	$319	$625,239	—	—	$371,416	$1,641,974
Patrick G. Desbois	co-Chief Operating Officer	$575,000	$307	$909,859	—	—	$34,116	$1,519,282
Douglas G. Boessen	CFO	$635,000	$307	$675,233	—	—	$34,116	$1,344,656
Min H. Kao	Chairman	$350,000	$307	$0	$0	—	$33,879	$384,186

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Clifton A. Pemble	CEO	$1,000,000	$307	$2,199,989	$0	—	$33,116	$3,233,412
Philip I. Straub	Board Member	$650,000	$307	$1,124,978	$0	—	$28,616	$1,803,901
Andrew R. Etkind	General Counsel	$625,000	$302	$600,156	$0	—	$396,903	$1,622,361
Patrick G. Desbois	co-Chief Operating Officer	$550,000	$307	$775,021	$0	—	$33,116	$1,358,444
Douglas G. Boessen	CFO	$615,000	$1,014	$599,950	$0	—	$33,116	$1,249,079
Min H. Kao	Chairman	$350,000	$307	$0	$0	—	$33,007	$383,314

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Clifton A. Pemble	CEO	$900,000	$307	$2,000,122	$0	—	$32,491	$2,932,920
Philip I. Straub	Board Member	$600,000	$3,846	$1,099,874	$0	—	$27,991	$1,731,711
Andrew R. Etkind	General Counsel	$600,000	$2,324	$575,026	$0	—	$390,797	$1,568,147
Patrick G. Desbois	co-Chief Operating Officer	$500,000	$307	$699,883	$0	—	$32,491	$1,232,681
Douglas G. Boessen	CFO	$593,000	$307	$524,912	$0	—	$32,491	$1,150,710
Min H. Kao	Chairman	$350,000	$307	$0	$0	—	$32,382	$382,689

Key facts CIK 1121788 CUSIP H2906T109 13F (30d) 260 filings 259 filers Visit website Investor relations