How Novogratz was paid
$7.7M 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 | Bonus | Stock | Options | Other | Total |
|---|---|---|---|---|---|---|
| Michael NovogratzChief Executive Officer and Director | $500,000 | $2,920,400 | $1,102,265 | $3,078,086 | $50,976 | $7,651,727 |
| Anthony PaquetteChief Financial Officer | $400,000 | $2,037,800 | $4,068,038 | $7,049,295 | $47,949 | $13,603,082 |
| Christopher FerraroPresident and Chief Investment Officer | $500,000 | $2,920,400 | $992,037 | $3,078,086 | $47,898 | $7,538,421 |
| Erin BrownChief Operating Officer | $400,000 | $2,037,800 | $573,181 | $2,052,055 | $13,194 | $5,076,230 |
| Matthew FriedrichChief Legal Officer | $125,897 | $1,723,500 | $5,637,600 | $4,811,581 | $3,777 | $12,302,355 |
What changed and why
- $7.7MMichael Novogratz received total compensation of $7,651,727 for fiscal 2025 compared to $6,319,124 for fiscal 2024.
- Annual cash performance bonuses were discretionary and determined based on company and individual performance goals.
- New executives Anthony Paquette and Matthew Friedrich received one-time sign-on equity awards upon commencement of employment.
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.