How Adelson was paid
$11.3M 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 | Incentive | Other | Total |
|---|---|---|---|---|
| Scott J. AdelsonChief Executive Officer | $500,000 | $10,500,000 | $329,033 | $11,329,033 |
| Scott L. BeiserCo-Chairman (former Chief Executive Officer) | $500,000 | $3,500,000 | — | $4,000,000 |
| J. Lindsey AlleyChief Financial Officer | $500,000 | $3,250,000 | — | $3,750,000 |
| Irwin N. GoldExecutive Chairman | $500,000 | $2,500,000 | $209,631 | $3,209,631 |
| P. Eric SiegertCo-Chairman | $450,000 | $14,350,000 | — | $14,800,000 |
| Christopher M. CrainGeneral Counsel and Secretary | $500,000 | $2,250,000 | — | $2,750,000 |
What changed and why
- $11.3M$11.3 million: CEO Scott Adelson’s FY25 total compensation, versus $5.0 million in FY24.
- $2.39B25%: Revenue increased to a record $2.39 billion in fiscal 2025.
- $14.8M$14.8 million: P. Eric Siegert received the highest total compensation among the named executives.
- $100K$100,000: J. Lindsey Alley’s and Christopher Crain’s salaries each increased from $400,000 to $500,000.
- $10.5M$10.5 million: Adelson’s incentive compensation included cash, time-based shares, and performance-based shares.
- 7%7%: Annual compound revenue growth was required for future performance-based share vesting.
Other Houlihan Lokey proxy statements
- 2026 proxy statement
Scott J. Adelson paid $13M (+15% on the year), pay ratio 58:1.
Filed Jul 24, 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.