Credo Technology Group Holding (CRDO) executive compensation, 2025 proxy

William (Bill) Brennan, President, Chief Executive Officer and Director, was paid $6.1M in 2025, down 1% from $6.1M the year before. The CEO-to-median-employee pay ratio was 25:1, on median employee pay of $233,488.

Filed
August 25, 2025
Annual meeting
October 13, 2025
Pay year
2025
Named executives
5
CEO total pay
$6.1M-1% vs prior year
CEO to median employee
25:1median $233,488
CEO pay in equity
72%$4.4M in awards
Prior say-on-pay support
88%of votes cast
Laufman RSU grant
$11,520,300New-hire award
Performance-based equity
100%Fiscal 2025 executive grants
PSU maximum payout
200%Of target
2025 total revenue
$436,775 thousandFiscal 2025

How Brennan was paid

$6.1M 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 awards72%Non-equity incentive18%

Named executive officers

ExecutiveTotal
William (Bill) BrennanPresident, Chief Executive Officer and Director$6,058,750
Daniel FlemingChief Financial Officer$3,604,102
Yat Tung (Job) LamChief Operating Officer$1,907,449
Chi Fung (Lawrence) ChengChief Technology Officer$1,776,307
James LaufmanChief Legal Officer and Secretary$12,067,415

What changed and why

  • $6.1M$6,058,750 CEO total compensation in 2025 versus $6,120,667 in 2024.
  • 100%100% of fiscal 2025 executive equity grants were performance-based, excluding new-hire grants.
  • $11.5M$11,520,300 RSU grant awarded to Chief Legal Officer James Laufman upon commencing employment.
  • 200%200% of target was the maximum payout for fiscal 2025 refresh PSUs tied to revenue goals.
  • 88%88% of votes cast approved named executive officer compensation at the prior annual meeting.
  • $233K25:1 CEO-to-median-employee pay ratio, with median employee compensation of $233,488.

Other Credo Technology Group Holding proxy statements

  • 2026 proxy statement

    William (Bill) Brennan paid $14.4M (+138% on the year), pay ratio 123:1.

    Filed Aug 25, 2026

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.