Array Digital Infrastructure (AD) executive compensation, 2025 proxy

Laurent C. Therivel, President and Chief Executive Officer, was paid $7.7M in 2024, down 29% from $10.9M the year before. The CEO-to-median-employee pay ratio was 91:1, on median employee pay of $84,463.

Filed
August 26, 2025
Annual meeting
October 9, 2025
Pay year
2024
Named executives
4
CEO total pay
$7.7M-29% vs prior year
CEO to median employee
91:1median $84,463
2024 target equity award
$4,950,036For Laurent C. Therivel
2024 PSU payout
145.9%Certified performance attainment
CEO total cash compensation
$2,052,700Retention bonus excluded
Retention bonus
$295,000Paid to Mr. Therivel
Company performance weighting
70%Annual bonus opportunity
PSU metric weighting
50% eachReturn on Capital and free cash flow

How Therivel was paid

$7.7M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Named executive officers

ExecutiveTotal
Laurent C. TherivelPresident and Chief Executive Officer$7,656,948
Douglas W. ChambersExecutive Vice President, Chief Financial Officer and Treasurer—
Michael S. IrizarryExecutive Vice President and Chief Operating Officer—
Kevin R. LowellExecutive Vice President and General Counsel—

What changed and why

  • $7.7M$7,656,948 was Laurent C. Therivel’s 2024 total compensation, down from $10,860,139 in 2023.
  • 145.9%145.9% was the certified payout attainment for 2024 performance share units.
  • $2.1M$2,052,700 was Mr. Therivel’s 2024 total cash compensation, excluding a $295,000 retention bonus.
  • 70%70% of target bonus opportunity was based on company performance, with company performance payouts at 113% of target.
  • 50%2024 PSUs used Return on Capital and Simple Free Cash Flow, weighted 50% each.
  • $84,46390.7:1 was the 2024 CEO-to-median-employee pay ratio, based on median employee pay of $84,463.

Other Array Digital Infrastructure proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.