KBR · Kbr, Inc.
Market Cap
$4.64B
Shares
126.07M
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 | Total |
|---|---|---|
| Stuart J. B. Bradie | President & CEO | $12,556,945 |
| Mark W. Sopp | EVP & CFO | $3,667,324 |
| Byron Bright | President, Mission Technology Solutions | $3,165,224 |
| Jay Ibrahim | President, Sustainable Technology Solutions | $2,975,342 |
| Sonia Galindo | EVP, General Counsel & Corporate Secretary | $2,781,866 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Stuart J. B. Bradie | President & CEO | $12,659,920 |
| Mark W. Sopp | EVP & CFO | $3,742,013 |
| Byron Bright | President, Mission Technology Solutions | $3,133,171 |
| Jay Ibrahim | President, Sustainable Technology Solutions | $2,899,722 |
| Jennifer C. Myles | EVP & CPO | $2,295,112 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Stuart J. B. Bradie | President & CEO | $12,617,035 |
| Mark W. Sopp | EVP & CFO | $3,707,125 |
| Byron Bright | President, Mission Technology Solutions | $3,036,112 |
| Jay Ibrahim | President, Sustainable Technology Solutions | $2,840,344 |
| Jennifer C. Myles | EVP & CPO | $2,191,064 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Stuart J. B. Bradie | President & CEO | $12,024,347 |
| Mark W. Sopp | EVP & CFO | $3,534,543 |
| Byron Bright | President, Government Solutions U.S. | $2,945,674 |
| Jay Ibrahim | President, Sustainable Technology Solutions | $2,729,814 |
| Eileen Akerson | Former EVP & General Counsel 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, his 2021 salary was 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 1.3342 to 1.4191 during the period of January 1, 2021, through December 31, 2021. With respect to Mr. Ibrahim, a portion of his 2018 salary under his expatriate assignment that ended on August 31, 2019, was paid on January 4, 2019, due to the timesheet and payroll processing cut-off date, which is the primary reason for his 2019 salary in column (c) exceeding his approved 2019 base pay of 519,435. In addition, Mr. Ibrahim’s 2019 salary exceeds his aforementioned approved 2019 base pay due to his pay increase effective September 1, 2019, upon assuming his then role as President, Energy Solutions — Services based in Houston, Texas. The amounts in column (d) represent the aggregate grant date fair value of awards granted in 2018, 2019, and 2020, 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 “Description of Company and Significant Accounting Policies” and note 21 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, 2021, and the comparable disclosures in 2019 and 2020. With respect to the performance awards granted in 2019, 2020 and 2021, 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, each performance award unit reported in column (d) for the performance awards granted in 2019 would be equal to 2.00. With respect to the performance awards granted in 2020 and 2021, the value of the shares of KBR common stock underlying each performance award reported in column (d) at maximum performance 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, and 31.49, with respect to the performance awards granted in 2021, 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 6,250,041 in 2021, 6,250,006 in 2020, and 6,000,008 in 2019; (ii) Mr. Sopp a stock awards value under column (d) of 1,500,089 in 2021, 1,500,057 in 2020, and 1,250,012 in 2019; (iii) Mr. Bright a stock awards value under column (d) of 1,150,078 in 2021 and 1,000,011 in 2020; (iv) Mr. Ibrahim a stock awards value under column (d) of 1,000,059 in 2021, 1,000,011 in 2020, and 850,006 in 2019; (v) Mr. Kelly a stock awards value under column (d) of 750,092 in 2021; and (vi) Ms. Akerson a stock awards value under column (d) of 900,016 in 2021 and 850,079 in 2020. Amounts reportable in column (e) relate to (i) payments under our Performance Pay Plan for 2021, 2020, and 2019; and (ii) payments related to the 50% portion of the 2019 performance cash 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. | $1,980,157 |
| Douglas N. Kelly | President, Technology | $1,788,950 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Stuart J. B. Bradie | President & CEO | $9,864,381 |
| Mark W. Sopp | EVP & CFO | $2,706,241 |
| Jay Ibrahim | President, Sustainable Technology Solutions | $2,152,518 |
| Byron Bright | President, Government Solutions U.S. | $2,117,311 |
| Eileen Akerson | Former EVP & General Counsel 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, his 2021 salary was 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 1.3342 to 1.4191 during the period of January 1, 2021, through December 31, 2021. With respect to Mr. Ibrahim, a portion of his 2018 salary under his expatriate assignment that ended on August 31, 2019, was paid on January 4, 2019, due to the timesheet and payroll processing cut-off date, which is the primary reason for his 2019 salary in column (c) exceeding his approved 2019 base pay of 519,435. In addition, Mr. Ibrahim’s 2019 salary exceeds his aforementioned approved 2019 base pay due to his pay increase effective September 1, 2019, upon assuming his then role as President, Energy Solutions — Services based in Houston, Texas. The amounts in column (d) represent the aggregate grant date fair value of awards granted in 2018, 2019, and 2020, 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 “Description of Company and Significant Accounting Policies” and note 21 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, 2021, and the comparable disclosures in 2019 and 2020. With respect to the performance awards granted in 2019, 2020 and 2021, 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, each performance award unit reported in column (d) for the performance awards granted in 2019 would be equal to 2.00. With respect to the performance awards granted in 2020 and 2021, the value of the shares of KBR common stock underlying each performance award reported in column (d) at maximum performance 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, and 31.49, with respect to the performance awards granted in 2021, 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 6,250,041 in 2021, 6,250,006 in 2020, and 6,000,008 in 2019; (ii) Mr. Sopp a stock awards value under column (d) of 1,500,089 in 2021, 1,500,057 in 2020, and 1,250,012 in 2019; (iii) Mr. Bright a stock awards value under column (d) of 1,150,078 in 2021 and 1,000,011 in 2020; (iv) Mr. Ibrahim a stock awards value under column (d) of 1,000,059 in 2021, 1,000,011 in 2020, and 850,006 in 2019; (v) Mr. Kelly a stock awards value under column (d) of 750,092 in 2021; and (vi) Ms. Akerson a stock awards value under column (d) of 900,016 in 2021 and 850,079 in 2020. Amounts reportable in column (e) relate to (i) payments under our Performance Pay Plan for 2021, 2020, and 2019; and (ii) payments related to the 50% portion of the 2019 performance cash 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. | $1,899,895 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Stuart J. B. Bradie | President & CEO | $11,300,645 |
| Mark W. Sopp | EVP & CFO | $2,939,252 |
| Jay Ibrahim | President, Sustainable Technology Solutions | $2,823,769 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Stuart J. B. Bradie | President & CEO | $9,595,456 |
| Jay Ibrahim | President, Sustainable Technology Solutions | $2,307,815 |
| Mark W. Sopp | EVP & CFO | $1,904,070 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Shad E. Evans | Chief Financial Officer | Appointed | 2025-09-24 |
Key facts
CIK
1357615
CUSIP
48242W106
13F (30d)
235 filings
214 filers
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