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Moog CEO Patrick Roche received a significant compensation increase, with his total pay rising from $6 million in 2023 to $10.2 million in 2024. Other executives at Moog also earned substantial amounts this year, reflecting the company's financial performance.
Moog has agreed to pay nearly $1.7 million to settle allegations of multiple violations of the Foreign Corrupt Practices Act (FCPA) by its Indian subsidiary, Moog Motion Controls Private, from 2020 to 2022. The SEC claimed that a company culture focused on "winning business at any cost" led employees to pay bribes in India. This case highlights ongoing FCPA enforcement efforts by the SEC and DOJ, which have shown a willingness to reduce penalties for self-reported violations. [Source](https://www.sec.gov)
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