Axogen (AXGN) executive compensation, 2026 proxy

Michael Dale, CEO and President, was paid $9M in 2025, up 2% from $8.8M the year before. The CEO-to-median-employee pay ratio was 80:1, on median employee pay of $112,618.

Filed
April 29, 2026
Annual meeting
June 23, 2026
Pay year
2025
Named executives
6
CEO total pay
$9M+2% vs prior year
CEO to median employee
80:1median $112,618
CEO pay in equity
81%$7.3M in awards
CEO Stock Awards
$7,342,895Granted in fiscal year 2025
CEO Non-Equity Incentive
$906,133Earned for 2025 performance
Median Employee Pay
$112,618Annual total compensation

How Dale was paid

$9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary9%Stock awards81%Non-equity incentive10%All other compensation0%

Named executive officers

ExecutiveTotal
Michael DaleCEO and President$9,047,454
Lindsey HartleyCFO$1,935,226
Marc BeganExecutive Vice President and GC$3,063,430
Erick DeVinneyChief Innovation Officer$2,261,741
Jens KempChief Marketing Officer$2,279,206
Nir NaorFormer CFO$271,544

What changed and why

  • $9MMichael Dale received $9,047,454 in total compensation for fiscal year 2025.
  • Stock awards represented the majority of executive compensation through performance and restricted stock units.
  • Non-equity incentive plan compensation rewarded operational and financial performance goals achieved.
  • The CEO to median employee pay ratio was calculated as 80 to 1.
  • $113KMedian employee annual total compensation was established at $112,618 for the year.

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.