Madrigal Pharmaceuticals (MDGL) executive compensation, 2026 proxy

Bill Sibold, President and Chief Executive Officer, was paid $19.2M in 2025, up 57% from $12.2M the year before. The CEO-to-median-employee pay ratio was 47:1, on median employee pay of $403,403.

Filed
April 28, 2026
Annual meeting
June 17, 2026
Pay year
2025
Named executives
6
CEO total pay
$19.2M+57% vs prior year
CEO to median employee
47:1median $403,403
CEO pay in equity
88%$16.8M in awards
Prior say-on-pay support
99%of votes cast
Net Product Revenue
$958.4M2025 net sales
Active Patients
36,250+On therapy at year-end
CEO Total Compensation
$19.2MFor fiscal 2025
CEO to Median Pay Ratio
47:1Based on median pay of $403,403

How Sibold was paid

$19.2M 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.

Salary5%Stock awards64%Option awards24%Non-equity incentive7%All other compensation0%

Named executive officers

ExecutiveTotal
Bill SiboldPresident and Chief Executive Officer$19,206,341
Mardi DierExecutive Vice President and Chief Financial Officer$6,085,089
David Soergel, M.D.Executive Vice President and Chief Medical Officer$9,190,678
Carole HuntsmanExecutive Vice President and Chief Commercial Officer$5,441,736
Shannon KelleyExecutive Vice President and Chief Legal Counsel$5,179,352
Rebecca Taub, M.D.Senior Scientific and Medical Advisor and Former President, Research & Development and Chief Medical Officer$6,868,016

What changed and why

  • $19.2MCEO total compensation increased to $19,206,341 in 2025 driven by larger stock and option awards.
  • $958.4MNet product revenue reached $958.4 million in the first full commercial year.
  • 99%Stockholders showed strong support with approximately 99% approval for the say-on-pay proposal.
  • More than 36,250 patients were on Rezdiffra therapy as of year-end 2025.

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.