MRCY · Mercury Systems Inc · Executive Compensation

$71.58 -0.18 (-0.25%) Play latest call Q4 2026 earnings call transcript

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$4.83B

60.14M

Volume · Nov 4 1.08M Avg daily vol (3M) 681.36K

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 2026

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William L. Ballhaus	Chairman, President and Chief Executive Officer	$1,049,269	—	$8,099,087	—	$1,946,160	$36,532	$11,131,048
David E. Farnsworth	EVP and Chief Financial Officer	$495,588	—	$2,093,937	—	$674,470	$34,388	$3,298,383
Stuart H. Kupinsky	EVP, Chief Legal Officer and Corporate Secretary	$493,806	—	$1,570,470	—	$610,207	$34,319	$2,708,802
Steven V. Ratner	EVP and Chief Human Resources Officer	$480,363	—	$1,439,583	—	$593,596	$37,056	$2,550,598

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William L. Ballhaus	Chairman, President and Chief Executive Officer	$974,115	—	$7,553,696	—	$1,669,134	$33,000	$10,229,945
David E. Farnsworth	EVP and Chief Financial Officer	$459,865	—	$3,088,461	—	$577,150	$33,105	$4,158,581
Charles R. Wells	Former EVP and Chief Operating Officer	$373,154	—	$2,560,289	—	—	$29,018	$2,962,461
Stuart H. Kupinsky	EVP, Chief Legal Officer and Corporate Secretary	$459,865	—	$1,512,816	—	$524,682	$38,297	$2,535,660
Steven V. Ratner	EVP and Chief Human Resources Officer Former Employee:	$447,347	—	$1,420,679	—	$510,400	$32,185	$2,410,611

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William L. Ballhaus	Chairman, President and Chief Executive Officer	$913,462	$570,000	$9,036,147	$11,870,199	—	$32,700	$22,422,508
David E. Farnsworth	EVP and Chief Financial Officer	$415,385	$398,000	$4,674,584	—	—	$34,846	$5,522,815
Christopher C. Cambria	Former EVP, General Counsel and Corporate Secretary	$287,606	—	$1,785,271	—	—	$1,970,278	$4,043,155
Allen Couture	Former EVP, Execution Excellence	$291,207	—	$1,288,747	—	—	$973,664	$2,553,618
Charles R. Wells	Former EVP and Chief Operating Officer	$434,562	$198,000	$1,667,249	—	—	$32,939	$2,332,750
Stuart H. Kupinsky	EVP, Chief Legal Officer and Corporate Secretary	$173,077	$75,000	$1,568,385	—	—	$8,308	$1,824,770
Steven V. Ratner	EVP and Chief Human Resources Officer Former Employee:	$434,317	$175,100	$728,296	—	—	$33,163	$1,370,876
Michelle M. McCarthy	Former SVP and Chief Accounting Officer and Former Interim Chief Financial Officer and Treasurer	$246,435	—	$556,256	—	—	$14,045	$816,736

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christine F. Harbison	EVP and Chief Growth Officer	$119,712	—	$1,468,650	—	$22,756	$5,746	$1,616,864
Michelle M. McCarthy	Former SVP and Chief Accounting Officer and Former Interim Chief Financial Officer and Treasurer	$324,500	$215,000	$341,140	—	$31,960	$18,365	$930,965
Mark Aslett	Former President and Chief Executive Officer	$800,060	—	—	—	—	$36,473	$836,533
Charles R. Wells	Former EVP and Chief Operating Officer	$415,000	—	—	—	$78,020	$168,709	$661,729
James M. Stevison	EVP and President of Mission Systems Division	$425,000	—	—	—	$79,900	$29,423	$534,323
Michael Ruppert	Former EVP, Chief Financial Officer and Treasurer	$300,428	—	—	—	—	$23,978	$324,406
William L. Ballhaus	President and Chief Executive Officer	—	—	—	—	$255,967	—	$255,967

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mark Aslett	Former President and Chief Executive Officer	$782,275	—	$16,981,781	—	$1,075,115	$20,700	$18,859,871
Michael Ruppert	Former EVP, Chief Financial Officer and Treasurer	$438,489	—	$5,297,522	—	$439,855	$21,150	$6,197,016
Thomas Huber	EVP and Chief Transformation Officer	$333,461	$300,000	$3,807,386	—	$380,741	$9,139	$4,830,727
James M. Stevison	EVP and President of Mission Systems Division	$302,404	$300,000	$3,572,049	—	$380,741	$11,152	$4,566,346
Charles R. Wells	EVP and President of Microelectronics Division Former Employees:	$263,365	—	$3,600,657	—	$371,783	$9,498	$4,245,303

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mark Aslett	Former President and Chief Executive Officer	$722,692	—	$3,732,297	—	$473,430	$20,700	$4,949,119
Didier M.C. Thibaud EVP	Chief Operating Officer	$466,673	—	$1,393,383	—	$218,261	$20,700	$2,099,017
Michael Ruppert	Former EVP, Chief Financial Officer and Treasurer	$413,879	—	$1,144,542	—	$197,312	$20,700	$1,776,433
Michael D. Ruppert EVP	Chief Financial Officer and Treasurer	$413,879	—	$1,144,542	—	$197,312	$20,700	$1,776,433
Christopher C. Cambria EVP	General Counsel, and Secretary	$385,265	—	$696,691	—	$150,276	$20,700	$1,252,932

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mark Aslett	President and Chief Executive Officer	$672,077	—	$3,819,504	—	$1,032,187	$20,550	$5,544,318
Didier M.C. Thibaud EVP	Chief Operating Officer	$433,102	—	$1,255,026	—	$490,040	$20,550	$2,198,718
Michael D. Ruppert EVP	Chief Financial Officer and Treasurer	$399,696	—	$1,255,026	—	$443,005	$20,550	$2,118,277
Michael Ruppert	CFO	$399,696	—	$1,255,026	—	$443,005	$20,550	$2,118,277
Christopher C. Cambria EVP	General Counsel, and Secretary	$374,065	—	$763,868	—	$337,400	$20,550	$1,495,883

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mark Aslett	President and Chief Executive Officer	$613,233	—	$2,530,223	—	$1,034,532	$13,000	$4,190,988
Didier M.C. Thibaud EVP	Chief Operating Officer	$404,438	—	$1,110,050	—	$499,510	$13,000	$2,026,998
Michael D. Ruppert EVP	Chief Financial Officer and Treasurer	$370,604	—	$832,549	—	$386,995	$74,683	$1,664,831
Christopher C. Cambria EVP	General Counsel, and Secretary	$363,219	—	$754,846	—	$367,711	$13,000	$1,498,776

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mark Aslett	President and Chief Executive Officer	$589,231	—	$4,062,458	—	$806,850	$11,800	$5,470,339
Michael D. Ruppert EVP	Chief Financial Officer and Treasurer	$352,600	—	$2,369,164	—	$286,754	$82,830	$3,091,348
Didier M.C. Thibaud EVP	Chief Operating Officer	$398,966	—	$1,929,872	—	$389,529	$12,674	$2,731,041
Christopher C. Cambria EVP	General Counsel, and Secretary	$352,600	—	$728,834	—	$286,754	$12,311	$1,380,499

Executive changes

Person	Role	Change	Effective	Filed
Barry R. Nearhos	Lead Independent Director	Appointed	2025-10-22	2025-10-28
William L. Ballhaus	Chairman of the Board	Appointed	2025-10-22	2025-10-28
Jean Bua	Class II Director	Appointed	2025-10-22	2025-10-28
Lisa S. Disbrow	Class I Director	Appointed	2025-10-22	2025-10-28
Howard L. Lance	Class I Director	Appointed	2025-10-22	2025-10-28
William L. Ballhaus	Class I Director	Appointed	2025-10-22	2025-10-28
Jean Bua	independent director in Class II of the Board	Appointed	2025-01-06	2025-01-06
Barry R. Nearhos	Lead Independent Director	Appointed	2024-10-23	2024-10-28
William L. Ballhaus	Chairman of the Board	Appointed	2024-10-23	2024-10-28
Debora A. Plunkett	Class III Director	Appointed	2024-10-23	2024-10-28
Barry R. Nearhos	Class III Director	Appointed	2024-10-23	2024-10-28
Orlando P. Carvalho	Class III Director	Appointed	2024-10-23	2024-10-28
Michelle M. McCarthy	Senior Vice President and Chief Accounting Officer	Resigned	—	2024-02-08
Douglas Munro	Vice President and Chief Accounting Officer	Appointed	2024-02-12	2024-02-08
Charles R. Wells, IV	Executive Vice President, Chief Operating Officer	Appointed	2024-01-22	2024-01-17
Scott Ostfeld	Class II Director	Appointed	2023-10-25	2023-10-31
Roger A. Krone	Class II Director	Appointed	2023-10-25	2023-10-31
Gerard J. DeMuro	Class II Director	Appointed	2023-10-25	2023-10-31
Barry R. Nearhos	Lead Independent Director	Appointed	—	2023-08-15
Bill Ballhaus	Chairman of the Board	Appointed	—	2023-08-15
William K. O’Brien	Chairman of the Board	Retired	—	2023-08-15
Bill Ballhaus	President and Chief Executive Officer	Appointed	2023-08-15	2023-08-15
William L. Ballhaus	Interim President and Chief Executive Officer	Appointed	2023-06-24	2023-08-15
William L. Ballhaus	President and Chief Executive Officer	Appointed	2023-08-15	2023-08-15
Mary Louise Krakauer	the Board	Retired	—	2023-07-07

Leadership

Bill Ballhaus CEO, Board Member
William L. Ballhaus CEO, Board Member
David E. Farnsworth CFO
Michael D. Ruppert EVP CFO
Charles R. Wells, IV COO
Didier M.C. Thibaud EVP COO
Christopher C. Cambria General Counsel
Christopher C. Cambria EVP General Counsel
Douglas Munro Chief Accounting Officer
Barry R. Nearhos Board Member
Debora A. Plunkett Board Member
Gerard J. DeMuro Board Member
Howard L. Lance Board Member
Howard Lance Board Member
Jean Bua Board Member
Lisa S. Disbrow Board Member
Orlando P. Carvalho Board Member
Roger A. Krone Board Member
Scott Ostfeld Board Member

Key facts CIK 1049521 CUSIP 589378108 13F (30d) 120 filings 115 filers Visit website Investor relations