Giftify (GIFT) executive compensation, 2025 proxy

Ketan Thakker, Chairman, President and CEO, was paid $1.4M in 2024, up 35% from $1.1M the year before.

Filed
September 2, 2025
Annual meeting
October 17, 2025
Pay year
2024
Named executives
7
CEO total pay
$1.4M+35% vs prior year
CEO pay in equity
58%$844,000 in awards
CEO stock awards
$844,0002024 compensation
Steve Handy options
$804,0002024 compensation
Balazs Wellisch options
$1,200,0002024 compensation
Elliot Bohm total
$897,0002024 total compensation
Marc Ackerman total
$897,0002024 total compensation
Thakker prior-year total
$1,073,0002023 total compensation

How Thakker was paid

$1.4M 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.

Salary28%Bonus14%Stock awards58%

Named executive officers

ExecutiveTotal
Ketan ThakkerChairman, President and CEO$1,444,000
Steve HandyCFO$8,850,000
Elliot BohmDirector, President CardCash$897,000
Marc AckermanChief Operating Officer, CardCash$897,000
Aaron HorowitzPresident and GC$100,500
Tim MillerVP Sales, Restaurant.com$151,000
Balazs WellischChief Operating Officer, Restaurant.com$1,350,000

What changed and why

  • $1.4M$1,444,000 was CEO Ketan Thakker’s 2024 total compensation, up from $1,073,000 in 2023.
  • $844K$844,000 of the CEO’s 2024 compensation consisted of stock awards.
  • $804K$804,000 of Steve Handy’s 2024 compensation consisted of option awards.
  • $1.2M$1,200,000 of Balazs Wellisch’s 2024 compensation consisted of option awards.
  • $100K$100,000 accrued bonuses for Thakker, Bohm and Ackerman were earned but paid after year-end.
  • August 23, 2024 was the effective date of Steve Handy’s employment.

Other Giftify proxy statements

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.