Vice President, Compensation

Dover is seeking a strategic and collaborative Vice President, Compensation to lead global executive and broad-based compensation across the enterprise. This role is accountable for the design, governance, communication, and administration of compensation programs that support business strategy, drive performance, and ensure market competitiveness and compliance. This leader will serve as the key advisor to senior executives and the Compensation Committee of the Board, providing expert analysis and guidance on total compensation strategy, including base, bonus, and equity programs. The role partners closely with senior HR, Legal, and Finance leaders, as well as Operating Companies, to ensure aligned, efficient, and scalable practices across the organization. 
 
The VP, Compensation is a core member of Dover’s Total Rewards leadership team and plays a pivotal role in shaping global rewards strategy.

Key Responsibilities 

• Provide strategic direction for enterprise-wide and global executive and broad-based compensation programs.

• Serve as primary advisor to senior leadership and the Board’s Compensation Committee.
• Oversee design and administration of base pay, short- and long-term incentive plans, and equity awards across all regions.
• Partner with external consultants and internal leaders on market analysis, benchmarking, and plan competitiveness.
• Lead the annual merit, incentive, and long-term equity planning cycles, including performance updates and payout modeling.

• Ensure programs meet all regulatory requirements, governance standards, and internal policies.

• Prepare materials and lead Compensation Committee discussions, support executive compensation disclosures and Proxy filings.

• Monitor and integrate regional compensation practices to ensure global consistency and local compliance.

• Guide communication strategies and provide subject matter expertise to HR, Finance, and senior leaders.

• Lead and develop a small team of compensation professionals and matrixed partners across the enterprise.

• Collaborate with the broader team to ensure alignment across compensation, benefits, mobility, and recognition strategies.

Qualifications & Experience 

• Bachelor’s degree in human resources, business, finance, or related field required, MBA strongly preferred
• 20+ years of progressive experience in compensation, including global executive and broad-based program design and implementation. 

• 10+ years in leadership roles with accountability for managing enterprise-wide and international compensation programs. 

• Deep expertise in executive compensation governance, market trends, plan design, and stakeholder communications. 

• Strong understanding of compliance and reporting requirements (SEC, IRS, global regulatory frameworks). 

• Exceptional data analysis, financial modeling, and communication skills. 

• Proven ability to influence senior leaders, collaborate across functions, and navigate complexity. 

• Experience managing Board-level interactions and developing effective compensation committee materials. 

Ideal Candidate Attributes 

• High integrity and sound judgment, with a track record of handling sensitive information responsibly. 

• Executive presence with excellent interpersonal, influencing, and consulting skills. 

• Strategic thinker with hands-on capability and a continuous improvement mindset. 

• Global mindset and ability to adapt compensation strategies across cultural, legal, and business contexts. 

• Growth-oriented with the potential to take on broader Total Rewards leadership responsibilities. 

About Us
Dover is a diversified global manufacturer with annual revenue of over $8 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainable Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com. 
#LI-Hybrid

Work Arrangement : Hybrid
Pay Range: $290,000.00 - $310,000.00 annually
This position is eligible to earn a discretionary bonus based on performance metrics and other criteria outlined in our applicable bonus plan.
This position is eligible to earn other compensation in the form of LTIP, as governed by applicable plan documents and policies.

We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position’s responsibilities, a candidate’s work experience, a candidate’s education/training, the position’s location, and the key skills needed for the position.  Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.

Benefits: Our total rewards package for eligible team members also includes: a 401(k) savings plan with employer contributions; medical, dental and vision insurance; wellness programs; health savings account, health care and dependent care flexible spending accounts; company paid short-term disability and long-term disability; company paid employee basic life and AD&D insurance; supplemental employee and dependent life insurance; optional accident, hospital indemnity and critical illness insurance; adoption, surrogacy, and fertility benefits and assistance; commuter benefits; parental, military, jury duty, and bereavement leaves of absence; paid time off, business travel services; employee discounts; and an employee assistance program that includes company paid counseling sessions and legal services. Eligibility for benefits is governed by applicable plan documents and policies.

All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.

Fraudulent Recruiting Disclaimer:  Dover Corporation and our affiliated operating companies want to alert applicants to internet job posting fraud, where parties posing as Dover employees, recruiters, or other agents, try to engage with online candidates in an attempt to steal personal and/or financial information.  We do not endorse or engage in any recruitment practices that involve payment or personal information outside of our official application and hiring process.  Please verify the authenticity of an invitation to apply for a job, or for a job offer by contacting us directly through our Dover and affiliated operating company websites at https://careers.dovercorporation.com/.  To learn how you can protect yourself, review our Recruitment Fraud Notice on our careers site.

Job Function : Human Resources