S&P Global (SPGI) executive compensation, 2026 proxy

Martina Cheung, President and Chief Executive Officer, was paid $12.8M in 2025, up 69% from $7.6M the year before. The CEO-to-median-employee pay ratio was 320:1, on median employee pay of $40,158.

Filed
March 31, 2026
Annual meeting
May 20, 2026
Pay year
2025
Named executives
7
CEO total pay
$12.8M+69% vs prior year
CEO to median employee
320:1median $40,158
CEO pay in equity
70%$9M in awards
Prior say-on-pay support
69%of votes cast
Total Revenue
$15.336BUp 8% YoY
GAAP Net Income
$4.471BUp 16% YoY
Diluted EPS
$14.66Up 19% YoY
Capital Returned
$6.2BDividends and share buybacks

How Cheung was paid

$12.8M 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.

Salary8%Stock awards70%Non-equity incentive19%Pension and deferred comp0%All other compensation3%

Named executive officers

ExecutiveTotal
Martina CheungPresident and Chief Executive Officer$12,831,062
Eric AboafEVP, Chief Financial Officer$17,275,093
Christopher CraigSVP, Controller; Former Interim Chief Financial Officer$1,958,878
William EagerPresident, S&P Global Mobility$6,444,004
Saugata SahaPresident, S&P Global Market Intelligence and Chief Enterprise Data Officer$5,678,142
Steven KempsEVP, Chief Legal Officer$4,784,493
Daniel DraperFormer CEO, S&P Dow Jones Indices$5,355,457

What changed and why

  • $12.8MMartina Cheung received total compensation of $12,831,062 for fiscal year 2025, compared to $7,574,922 in 2024.
  • $15.336BRevenue reached $15.336 billion, representing an 8% increase year-over-year.
  • $4.471BGAAP net income was $4.471 billion, reflecting 16% growth year-over-year.
  • $6.2BThe company returned $6.2 billion to shareholders through buybacks and dividends.
  • 68.8%Shareholder support for say-on-pay dropped to 68.8% at the 2025 annual meeting.

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.