KBR · Kbr, Inc.

$35.07 -1.11 (-3.07%) At close · Jul 17

Market Cap

$4.45B

Shares

126,789,957

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 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stuart J. B. Bradie	CEO	$1,284,698	—	$4,819,548	—	$6,267,669	$181,180	$12,556,945
Mark W. Sopp	CFO	$768,458	—	$1,134,032	—	$1,721,798	$41,905	$3,667,324
Byron Bright	President, Government Solutions	$738,088	—	$819,004	—	$1,553,116	$54,089	$3,165,224
Jay Ibrahim	President, Sustainable Technology Solutions	$701,832	—	$756,021	—	$1,464,329	$52,166	$2,975,342
Sonia Galindo	General Counsel	$672,670	—	$693,039	—	$1,362,348	$53,523	$2,781,866

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stuart J. B. Bradie	CEO	$1,226,983	—	$4,630,378	—	$6,656,775	$134,277	$12,659,920
Mark W. Sopp	CFO	$705,223	—	$1,021,917	—	$1,960,446	$50,844	$3,742,013
Byron Bright	President, Government Solutions	$677,362	—	$798,358	—	$1,592,527	$62,067	$3,133,171
Jay Ibrahim	President, Sustainable Technology Solutions	$615,780	—	$638,698	—	$1,593,138	$48,868	$2,899,722
Jennifer C. Myles	EVP & CPO Salary equals base pay paid to each Named Executive Officer during the applicable year, including any elective deferrals into the Kellogg Brown & Root, Inc. Retirement and Savings Plan or the KBR Elective Deferral Plan. The actual salary paid may fluctuate due to the timing of payroll processing at each calendar-year end. With respect to Mr. Bradie and Ms. Myles, their 2022 salaries were converted from British Pounds to U.S. Dollars using the exchange rate applicable for each month in the calendar year. The exchange rates used were the rates reported by Bloomberg on the last business day of the month prior to payment. The exchange rates ranged from 1.3533 to 1.2098 during the period of January 1, 2022, through December 31, 2022. The amounts in column (d) represent the aggregate grant date fair value of awards granted in 2020, 2021, and 2022, pursuant to the KBR Stock and Incentive Plan. The fair values were determined in accordance with FASB ASC 718, “Stock Compensation.” Assumptions used in the calculation of these amounts are described in note 1 under “Significant Accounting Policies” and note 20 under “Share-based Compensation and Incentive Plans” of our audited financial statements included in our annual report on Form 10-K for the year ended December 31, 2022, and the comparable disclosures in 2020 and 2021. With respect to the performance awards granted in 2020, 2021 and 2022, which are based 50% on TSR, and to that extent are included in the value of stock awards in column (d), the assumptions assume the probable outcome of the TSR performance condition, which is computed in accordance with FASB ASC 718 (excluding the effect of estimated forfeitures). At maximum performance, the value of the shares of KBR common stock underlying each performance award reported in column (d) would be equal to the product of twice the number of shares of KBR common stock underlying each performance award and 27.46, with respect to the performance awards granted in 2020, 31.49, with respect to the performance awards granted in 2021, and 48.06, with respect to the performance awards granted in 2022, the closing prices of KBR’s common stock on the dates of grant. This would give (i) Mr. Bradie a stock awards value under column (d) of 7,000,083 in 2022, 6,250,041 in 2021, and 6,250,006 in 2020; (ii) Mr. Sopp a stock awards value under column (d) of 1,500,049 in 2022, 1,500,089 in 2021, and 1,500,057 in 2020; (iii) Mr. Bright a stock awards value under column (d) of 1,250,041 in 2022, 1,150,078 in 2021, and 1,000,011 in 2020; (iv) Mr. Ibrahim a stock awards value under column (d) of 1,000,032 in 2022, 1,000,059 in 2021, and 1,000,011 in 2020; and (v) Ms. Myles a stock awards value under column (d) of 850,085 in 2022. Amounts reportable in column (e) relate to (i) payments under our Performance Pay Plan for 2022, 2021, and 2020; and (ii) payments related to the 50% portion of the 2020 performance awards that is based on the JIS performance measure and which were granted under our KBR Stock and Incentive Plan. Benefits under our Performance Pay Plan and the KBR Stock and Incentive Plan are payable by their terms during the first quarter of the following year.	$479,195	—	$542,879	—	$1,208,500	$64,538	$2,295,112

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stuart J. B. Bradie	CEO	$1,191,360	—	$4,641,028	—	$6,645,508	$125,910	$12,617,035
Mark W. Sopp	CFO	$684,188	—	$994,516	—	$1,987,034	$37,630	$3,707,125
Byron Bright	President, Government Solutions	$657,156	—	$828,763	—	$1,496,189	$51,144	$3,036,112
Jay Ibrahim	President, Sustainable Technology Solutions	$597,423	—	$663,011	—	$1,528,508	$47,858	$2,840,344
Jennifer C. Myles	EVP & CPO Salary equals base pay paid to each Named Executive Officer during the applicable year, including any elective deferrals into the Kellogg Brown & Root, Inc. Retirement and Savings Plan or the KBR Elective Deferral Plan. The actual salary paid may fluctuate due to the timing of payroll processing at each calendar-year end. With respect to Mr. Bradie and Ms. Myles, their 2022 salaries were converted from British Pounds to U.S. Dollars using the exchange rate applicable for each month in the calendar year. The exchange rates used were the rates reported by Bloomberg on the last business day of the month prior to payment. The exchange rates ranged from 1.3533 to 1.2098 during the period of January 1, 2022, through December 31, 2022. The amounts in column (d) represent the aggregate grant date fair value of awards granted in 2020, 2021, and 2022, pursuant to the KBR Stock and Incentive Plan. The fair values were determined in accordance with FASB ASC 718, “Stock Compensation.” Assumptions used in the calculation of these amounts are described in note 1 under “Significant Accounting Policies” and note 20 under “Share-based Compensation and Incentive Plans” of our audited financial statements included in our annual report on Form 10-K for the year ended December 31, 2022, and the comparable disclosures in 2020 and 2021. With respect to the performance awards granted in 2020, 2021 and 2022, which are based 50% on TSR, and to that extent are included in the value of stock awards in column (d), the assumptions assume the probable outcome of the TSR performance condition, which is computed in accordance with FASB ASC 718 (excluding the effect of estimated forfeitures). At maximum performance, the value of the shares of KBR common stock underlying each performance award reported in column (d) would be equal to the product of twice the number of shares of KBR common stock underlying each performance award and 27.46, with respect to the performance awards granted in 2020, 31.49, with respect to the performance awards granted in 2021, and 48.06, with respect to the performance awards granted in 2022, the closing prices of KBR’s common stock on the dates of grant. This would give (i) Mr. Bradie a stock awards value under column (d) of 7,000,083 in 2022, 6,250,041 in 2021, and 6,250,006 in 2020; (ii) Mr. Sopp a stock awards value under column (d) of 1,500,049 in 2022, 1,500,089 in 2021, and 1,500,057 in 2020; (iii) Mr. Bright a stock awards value under column (d) of 1,250,041 in 2022, 1,150,078 in 2021, and 1,000,011 in 2020; (iv) Mr. Ibrahim a stock awards value under column (d) of 1,000,032 in 2022, 1,000,059 in 2021, and 1,000,011 in 2020; and (v) Ms. Myles a stock awards value under column (d) of 850,085 in 2022. Amounts reportable in column (e) relate to (i) payments under our Performance Pay Plan for 2022, 2021, and 2020; and (ii) payments related to the 50% portion of the 2020 performance awards that is based on the JIS performance measure and which were granted under our KBR Stock and Incentive Plan. Benefits under our Performance Pay Plan and the KBR Stock and Incentive Plan are payable by their terms during the first quarter of the following year.	$486,144	—	$563,578	—	$1,080,472	$60,870	$2,191,064

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stuart J. B. Bradie	CEO	$1,169,966	—	$4,256,264	—	$6,483,267	$104,566	$12,024,347
Mark W. Sopp	CFO	$652,808	—	$1,021,530	—	$1,822,129	$35,535	$3,534,543
Byron Bright	President, Government Solutions	$624,823	—	$783,176	—	$1,488,169	$47,643	$2,945,674
Jay Ibrahim	President, Sustainable Technology Solutions	$568,030	—	$681,020	—	$1,430,046	$48,225	$2,729,814
Eileen Akerson	General Counsel	$411,066	—	$612,905	—	—	$953,167	$1,980,157
Douglas N. Kelly	President, Technology	$480,969	—	$510,781	—	$768,324	$28,474	$1,788,950

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stuart J. B. Bradie	CEO	$1,062,697	—	$3,614,585	—	$5,096,700	$81,437	$9,864,381
Mark W. Sopp	CFO	$625,440	—	$867,519	—	$1,173,179	$38,054	$2,706,241
Jay Ibrahim	President, Sustainable Technology Solutions	$518,654	—	$578,337	—	$1,004,867	$48,693	$2,152,518
Byron Bright	President, Government Solutions	$544,542	—	$578,337	—	$945,450	$47,512	$2,117,311
Eileen Akerson	General Counsel	$454,422	—	$491,610	—	$908,917	$42,006	$1,899,895

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stuart J. B. Bradie	CEO	$1,098,875	—	$4,106,008	—	$5,999,000	$90,793	$11,300,645
Mark W. Sopp	CFO	$652,808	—	$855,429	—	$1,391,834	$38,054	$2,939,252
Jay Ibrahim	President, Sustainable Technology Solutions	$569,189	—	$581,689	—	$1,129,932	$541,678	$2,823,769

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stuart J. B. Bradie	CEO	$1,049,064	—	$3,038,000	—	$5,431,657	$72,490	$9,595,456
Jay Ibrahim	President, Sustainable Technology Solutions	$518,421	—	$430,397	—	$1,026,943	$331,252	$2,307,815
Mark W. Sopp	CFO	$652,562	—	$506,347	—	$707,113	$37,599	$1,904,070

Key facts CIK 1357615 CUSIP 48242W106 13F (30d) 35 filings 34 filers Visit website Investor relations