How Florance was paid
$36.4M 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.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Andrew C. FloranceFounder and Chief Executive Officer | $1,000,000 | $28,318,400 | $3,425,382 | $3,000,000 | $688,154 | $36,431,936 |
| Christian M. LownChief Financial Officer | $588,269 | $5,488,266 | $739,161 | $1,137,000 | $17,727 | $7,970,423 |
| Lisa C. RugglesSenior Vice President, Global Operations | $591,923 | $3,677,817 | $495,779 | $1,045,713 | $17,594 | $5,828,826 |
| Frederick G. SaintPresident, Marketplaces | $591,923 | $5,488,266 | $739,161 | $1,190,000 | $178,856 | $8,188,206 |
| Frank A. SimuroChief Technology Officer | $646,923 | $7,347,105 | $991,558 | $1,300,000 | $17,853 | $10,303,439 |
What changed and why
- $36.4M$36.4M CEO total compensation in 2025, down from $37.4M in 2024.
- $28.3M$28.3M CEO stock awards and $3.4M option awards comprised most reported CEO compensation.
- $3.0M$3.0M CEO annual cash incentive compensation was earned for 2025 performance.
- $120K303:1 CEO-to-median-employee pay ratio, based on median employee compensation of $120,170.
- 53%53% of votes supported the executive compensation program at the 2025 annual meeting, versus approximately 92% previously.
- 2026 changes eliminated stock options and annual performance-based restricted stock, emphasizing PSUs and time-based RSUs.
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.