Dave Regnery, CEO of Trane Technologies (TT), earned $8.0M in total compensation in 2025. Trane Technologies receives a Pay-for-Performance grade of B (73/100), with a CEO-to-worker pay ratio of 107:1 and a say-on-pay shareholder approval of 96.5%. The company's 3-year total shareholder return is +11.0%.
How Trane Technologies CEO Pay Compares
Dave Regnery's $8.0M total compensation is 0% below the HVAC industry median of $8.0M. The 107:1 CEO-to-worker pay ratio is 0% lower than the industry average of 107:1. Shareholders broadly support this compensation, with 96.5% approval.
Total compensation for Dave Regnery at Trane Technologies (TT) was $8.0M. Mid-cap public-company CEO packages tend to track this pattern — equity-heavy, multi-year vesting, performance-tied.
The CEO-to-median-worker pay ratio runs 107x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been muted across the three-year window: 11.0% TSR, 6.6% revenue change. Stagnant performance combined with substantial CEO pay is the classic setup for proxy-advisor opposition on say-on-pay votes.
Shareholders ratified the compensation package overwhelmingly: 97% of votes cast supported the company's pay practices at the most recent annual meeting. Say-on-pay support above 95% is typical for well-aligned compensation programs without obvious controversy. Trane Technologies operates in HVAC with 40,000 employees and $18.9B in annual revenue, and currently carries a market capitalization of $88.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Trane Technologies (TT).
Compensation Breakdown
Dave Regnery's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
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
Dave Regnery, CEO of Trane Technologies (TT), earns $8.0M 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.
Frequently Asked Questions
Dave Regnery, CEO of Trane Technologies (TT), earns $8.0M 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.
Trane Technologies has a Pay-for-Performance Score of B (73/100). The company's 3-year total shareholder return is +11.0%, and the say-on-pay shareholder vote passed with 96.5% approval.
The CEO-to-median-worker pay ratio at Trane Technologies is 107:1. The median worker at Trane Technologies earns $75K per year, while CEO Dave Regnery earns $8.0M in total compensation.
Trane Technologies employs approximately 40,000 people. The company operates in the HVAC industry within the Industrials sector, generating $18.9B in annual revenue.