How Friedman was paid
$25M 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 |
|---|---|---|---|---|---|
| Adena T. FriedmanChair and CEO | $1,359,616 | $17,491,321 | $6,086,509 | $77,104 | $25,014,550 |
| Sarah YoungwoodEVP and CFO | $736,539 | $6,996,506 | $2,191,051 | $21,000 | $9,945,096 |
| Tal CohenPresident | $736,539 | $14,673,516 | $1,921,885 | $33,515 | $17,365,455 |
| P.C. Nelson GriggsPresident | $736,539 | $5,247,325 | $2,355,471 | $21,000 | $8,360,335 |
| Bradley J. PetersonEVP and CIO/CTO | $650,000 | $3,731,418 | $1,701,461 | $35,695 | $6,118,574 |
What changed and why
- $25MCEO total compensation increased to $25,014,550 in 2025 compared to $21,518,170 in 2024.
- $5BNet revenue surpassed $5 billion for the first time in company history reaching $5.2 billion.
- The Adenza acquisition became EPS accretive six months ahead of schedule.
- Total shareholder return and key operating leverage metrics showed strong growth.
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.