MediaAlpha (MAX) executive compensation, 2026 proxy

Steven Yi, Chief Executive Officer and President, was paid $7M in 2025, up 1% from $6.9M the year before. The CEO-to-median-employee pay ratio was 28:1, on median employee pay of $251,355.

Filed
March 23, 2026
Annual meeting
May 5, 2026
Pay year
2025
Named executives
6
CEO total pay
$7M+1% vs prior year
CEO to median employee
28:1median $251,355
CEO pay in equity
80%$5.6M in awards
Prior say-on-pay support
90%of votes cast
CEO Stock Awards
$5,643,240Time-vesting RSUs
CEO Non-Equity Incentive
$740,534Annual cash bonus
CEO Target Bonus
$600,000100% of base salary
Say-on-Pay Support
90%2025 annual meeting

How Yi was paid

$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.

Salary8%Stock awards80%Non-equity incentive11%All other compensation1%

Named executive officers

ExecutiveTotal
Steven YiChief Executive Officer and President$7,037,094
Eugene NonkoChief Architect$4,483,566
Patrick ThompsonChief Financial Officer and Treasurer$4,122,091
Jeffrey CoyneGeneral Counsel$2,821,267
Keith CramerChief Revenue Officer$2,379,214
Amy YehChief Technology Officer$2,522,361

What changed and why

  • $7MSteven Yi received total compensation of $7,037,094 for fiscal 2025, representing a slight increase from the prior year.
  • 123.4%Annual incentive bonuses for NEOs were earned at 123.4% of target based on performance goals.
  • Stock awards comprised the majority of the CEO total compensation package.
  • 90%Stockholders approved the previous say-on-pay proposal with approximately 90% support.

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.