Magnite (MGNI) executive compensation, 2026 proxy

Michael Barrett, President and CEO, was paid $5.8M in 2025, up 11% from $5.2M the year before. The CEO-to-median-employee pay ratio was 31:1, on median employee pay of $190,018.

Filed
April 21, 2026
Annual meeting
June 8, 2026
Pay year
2025
Named executives
5
CEO total pay
$5.8M+11% vs prior year
CEO to median employee
31:1median $190,018
CEO pay in equity
78%$4.5M in awards
Prior say-on-pay support
85%of votes cast
2025 Revenue
$714.0M6.9% increase year-over-year
Adjusted EBITDA
$232.1MRecord profitability achieved
Net Leverage Ratio
0XReduced from 6.2X at Q2 2021
Say-on-Pay Support
85%Approval at 2025 annual meeting

How Barrett was paid

$5.8M 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.

Salary11%Bonus0%Stock awards62%Option awards16%Non-equity incentive11%All other compensation0%

Named executive officers

ExecutiveTotal
Michael BarrettPresident and CEO$5,842,620
Sean BuckleyPresident, Revenue & Market Strategy$4,112,384
David DayChief Financial Officer$4,215,486
Katie EvansPresident, Product & Operations$4,115,384
Adam SorocaFormer Chief Product Officer$2,629,543

What changed and why

  • $714.0MAchieved record revenue of $714.0 million and record Contribution Ex-TAC of $669.6 million in 2025.
  • 4%Approved 2025 base salary increases of roughly 4% for all named executive officers.
  • 14%Awarded the CEO a 14% increase in equity grant levels for 2025.
  • 85%Approximately 85% of votes cast approved the 2025 say-on-pay proposal.

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.