How Lacerte was paid
$16.1M in total for fiscal 2025, 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
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| René LacerteChief Executive Officer and Chair | $550,000 | — | $14,861,481 | $688,050 | $40,304 | $16,139,836 |
| John RettigPresident and Chief Operating Officer | $500,000 | — | $12,738,449 | $625,500 | $39,000 | $13,902,949 |
| Ken MossChief Technology Officer | $443,269 | — | $7,113,512 | $337,770 | $39,652 | $7,934,204 |
| Mary Kay BowmanExecutive Vice President, General Manager of Payments and Financial Services | $337,308 | — | $10,849,353 | $284,097 | $25,333 | $11,536,091 |
| Mike CieriExecutive Vice President, General Manager of Software Solutions | $126,346 | $500,000 | $8,710,498 | $96,241 | $4,000 | $9,437,085 |
What changed and why
- $16.1M$16,139,836 was CEO total compensation in FY25 versus $14,377,970 in FY24.
- $14.0M$14.0 million FY25 target annual LTI fell to $9.0 million for FY26, approximately 36% lower.
- 125.1%125.1% was the calculated FY25 bonus payout, reflecting Core Revenue and EBITDA Less Float performance.
- 100.2%100.2% was Core Revenue target achievement, while EBITDA Less Float achievement was 150%.
- 4%Less than 4% FY26 equity burn is expected, versus 5.3% in FY25.
- 87%87% of votes cast supported the 2024 say-on-pay proposal.
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.