Marketaxess Holdings (MKTX) executive compensation, 2026 proxy

Christopher R. Concannon, Chief Executive Officer, was paid $7.1M in 2025, up 22% from $5.8M the year before. The CEO-to-median-employee pay ratio was 35:1, on median employee pay of $204,500.

Filed
April 29, 2026
Annual meeting
June 10, 2026
Pay year
2025
Named executives
6
CEO total pay
$7.1M+22% vs prior year
CEO to median employee
35:1median $204,500
CEO pay in equity
68%$4.8M in awards
Prior say-on-pay support
98%of votes cast
CEO Total Compensation
$7,101,0272025 total compensation
CEO Pay Ratio
35:1Compared to median employee
Say-on-Pay Support
98%Prior year support
2023 PSU Payout
43%Paid out at target percentage

How Concannon was paid

$7.1M 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.

Salary11%Stock awards51%Option awards17%Non-equity incentive21%All other compensation0%

Named executive officers

ExecutiveTotal
Christopher R. ConcannonChief Executive Officer$7,101,027
Ilene J. Fiszel BielerChief Financial Officer$2,626,972
Dean BerryGroup Chief Operating Officer and Chief Executive Officer, EMEA & APAC$5,312,789
Kevin M. McPhersonChief Revenue Officer$2,764,805
Naineshkumar S. PanchalFormer Chief Information Officer$2,222,567
Christophe RoupieFormer Head of EMEA and APAC$2,596,742

What changed and why

  • $7.1MChristopher R. Concannon received total compensation of $7,101,027 for 2025 compared to $5,819,842 in 2024.
  • Cash incentives were tied to adjusted operating income and individual performance.
  • 98%The 2025 say-on-pay proposal received 98% support from stockholders.
  • 43%Performance equity awards granted in 2023 paid out at 43% of target.

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.