Crexendo (CXDO) executive compensation, 2025 proxy

Jeff Korn, Chief Executive Officer, was paid $761,000 in 2024, up 50% from $509,000 the year before. The CEO-to-median-employee pay ratio was 9:1.

Filed
October 20, 2025
Annual meeting
December 2, 2025
Pay year
2024
Named executives
7
CEO total pay
$761,000+50% vs prior year
CEO to median employee
9:1
CEO pay in equity
42%$322,000 in awards
Other NEO average pay
$645,0002024 average SCT total
CEO pay increase
$252,000Versus 2023
Target incentive bonus
$90,000For each participating NEO
Maximum incentive bonus
$99,000For each participating NEO
2024 net income
$1,677,000Reported in thousands

How Korn was paid

$761,000 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.

Named executive officers

ExecutiveTotal
Jeff KornChief Executive Officer$761,000
Steven G. MihayloFormer Chief Executive Officer—
Doug GaylorChief Operating Officer & President$714,000
Ron VincentChief Financial Officer$714,000
Jon BrintonChief Revenue Officer$576,000
Anand BuchChief Strategy Officer$649,000
David WangChief Technology Officer$571,000

What changed and why

  • 761000 CEO total compensation in 2024 increased from 509000 in 2023.
  • 322000 CEO stock awards were the largest component of 2024 compensation.
  • 95000 annual incentive bonuses were paid to each participating NEO after both performance targets were achieved.
  • 58400000 revenue and 6800000 Adjusted EBITDA were the 2024 incentive-plan targets.
  • 9:1 CEO-to-median-employee pay ratio used median employee compensation of 89000.
  • 275%275% total shareholder return was reported for 2024, compared with 97% in 2023.

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.