Garmin GRMN
CEO: Cliff Pemble · Consumer Electronics · 20,000 employees
Compensation Breakdown
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2M | — | $4.6M | $408K | $788K | $50K | $7.0M |
| 2024 | $1.2M | — | $3.7M | $1.1M | $1.3M | $135K | $7.7M |
| 2023 | $1.2M | — | $4.0M | $1.2M | $398K | $78K | $6.8M |
| 2022 | $1.2M | — | $2.8M | $1.0M | $1.0M | $44K | $6.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Frequently Asked Questions
Cliff Pemble, CEO of Garmin (GRMN), earns $7.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Garmin has a Pay-for-Performance Score of F (29/100). The company's 3-year total shareholder return is -29.0%, and the say-on-pay shareholder vote passed with 65.4% approval.
The CEO-to-median-worker pay ratio at Garmin is 62:1. The median worker at Garmin earns $114K per year, while CEO Cliff Pemble earns $7.0M in total compensation.
Garmin employs approximately 20,000 people. The company operates in the Consumer Electronics industry within the Technology sector, generating $5.9B in annual revenue.