Here are the DEF 14A proxy statements from Brunswick Corporation (BC) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow BC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BC filings page.
Brunswick Corporation has released its 2026 proxy statement outlining proposals, board composition, 2025 performance and executive and director compensation. Shareholders will vote virtually on May 6, 2026 on three items: electing ten directors, an advisory say‑on‑pay resolution, and ratifying the independent auditor for 2026.
The board is largely independent, with 9 of 10 directors independent and a lead independent director. Freedom Boat Club reported a record 2025 with more than 640,000 trips and over 440 locations, while the marine businesses launched multiple new models and technologies and gained strong share at major boat shows.
In 2025, Brunswick generated net sales of $5.4 billion, up 2%, GAAP diluted EPS of $(2.06) and adjusted diluted EPS of $3.27, and free cash flow of $442 million, while returning $193 million through buybacks and dividends. The executive pay program is heavily performance‑based, with annual incentives tied mainly to adjusted EPS, free cash flow and divisional EBIT and long‑term incentives driven by CFROI, operating margin and relative and absolute total shareholder return.
CEO David M. Foulkes received 2025 total compensation of $13.0 million, mostly in stock awards, and shareholders supported 2025 say‑on‑pay at 97%. Large shareholders include The Vanguard Group, BlackRock and Massachusetts Financial Services, each holding more than 5% of outstanding shares.