Adagio Medical Holdings (ADGM) executive compensation, 2025 proxy

Todd Usen, Chief Executive Officer, was paid $22,917 in 2024.

Filed
November 4, 2025
Annual meeting
December 15, 2025
Pay year
2024
Named executives
4
CEO total pay
$22,9172024
CEO 2024 Total Compensation
$22,917Joined December 2024
Initial Share Reserve
4,472,5932024 Equity Incentive Plan

How Usen was paid

$22,917 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.

Salary100%

Named executive officers

ExecutiveTotal
Todd UsenChief Executive Officer$22,917
Olav BergheimFormer President and Chief Executive Officer—
Hakon BergheimFormer Chief Operating Officer$372,164
John DahldorfFormer Chief Financial Officer$492,575

What changed and why

  • $22,917Todd Usen joined as Chief Executive Officer on December 13, 2024, earning $22,917 in total compensation for the year.
  • Bonus amounts paid to eligible executive officers were lower than target opportunities due to below-target corporate performance.
  • Willis Towers Watson was retained in 2024 as an independent compensation consultant to evaluate executive and non-executive director compensation programs.
  • No equity incentive awards were granted to named executive officers during the remainder of 2024 following the Business Combination.
  • The 2024 Equity Incentive Plan authorizes the issuance of up to 4,472,593 shares of Common Stock as an initial share reserve.

Other Adagio Medical Holdings 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.