How Thiel was paid
$27.1M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Fred ThielChief Executive Officer and Chairman of the Board | $978,500 | $19,518,868 | $2,201,625 | $4,354,243 | $27,053,236 |
| Salman KhanChief Financial Officer | $643,750 | $12,841,346 | $1,448,438 | $3,956,898 | $18,890,432 |
| Zabi NowaidGeneral Counsel and Corporate Secretary | $386,250 | $5,136,543 | $579,375 | $10,500 | $6,112,668 |
What changed and why
- $27.1MChief Executive Officer total compensation decreased to $27,053,236 in fiscal 2025 from $43,244,809 in fiscal 2024.
- 3%Named Executive Officers received a modest 3% salary increase in 2025 to reflect cost-of-living adjustments.
- 67%Long-term incentive plan awards for 2025 consisted of 67% performance-based restricted stock units and 33% time-based restricted stock units.
- 21.6%Previous say-on-pay advisory vote received approximately 21.6% support at the 2025 annual meeting.
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.