indie Semiconductor (INDI) executive compensation, 2026 proxy

Donald McClymont, Chief Executive Officer, was paid $3.7M in fiscal 2025, up 20% from $3.1M the year before. The CEO-to-median-employee pay ratio was 25:1, on median employee pay of $145,881.

Filed
April 17, 2026
Annual meeting
May 28, 2026
Pay year
fiscal 2025
Named executives
5
CEO total pay
$3.7M+20% vs prior year
CEO to median employee
25:1median $145,881
CEO pay in equity
78%$2.9M in awards
Prior say-on-pay support
95%of votes cast
CEO Target Bonus
100%Percentage of base salary
Say-on-Pay Support
94.6%Votes cast in favor
Median Employee Pay
$145,881Annual total compensation
CEO Pay Ratio
25.4:1Ratio to median employee

How McClymont was paid

$3.7M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary9%Stock awards78%Non-equity incentive12%All other compensation1%

Named executive officers

ExecutiveTotal
Donald McClymontChief Executive Officer$3,704,970
Ichiro AokiPresident$527,547
Naixi WuChief Financial Officer$2,015,576
Michael WittmannChief Operation Officer$1,986,714
Kanwardev Raja Singh BalFormer Chief Financial Officer & Chief Accounting Officer$1,285,135

What changed and why

  • $3.7MCEO total compensation increased to $3,704,970 in fiscal 2025 from $3,098,994 in fiscal 2024.
  • $1Certain named executives voluntarily received a base salary of $1 per year through March 31, 2025.
  • Annual incentive payouts were paid in shares of common stock.
  • Stock awards included performance-based restricted stock units and time-based restricted stock units.
  • The CEO to median employee pay ratio was 25.4 to 1.

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.