Thryv Holdings (THRY) executive compensation, 2026 proxy

Joseph A. Walsh, Chairman and CEO, was paid $5.3M in 2025, down 4% from $5.5M the year before. The CEO-to-median-employee pay ratio was 49:1, on median employee pay of $106,972.

Filed
April 30, 2026
Annual meeting
June 11, 2026
Pay year
2025
Named executives
5
CEO total pay
$5.3M-4% vs prior year
CEO to median employee
49:1median $106,972
CEO pay in equity
57%$3M in awards
CEO Stock Awards
$3,000,000Granted under 2020 Stock Plan
Total Employees
2,729Full-time and part-time globally
CEO Non-Equity Incentive
$1,157,442STI and OPP payouts

How Walsh was paid

$5.3M 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.

Salary20%Stock awards57%Non-equity incentive22%All other compensation1%

Named executive officers

ExecutiveTotal
Joseph A. WalshChairman and CEO$5,259,837
Paul D. RouseChief Financial Officer, EVP and Treasurer$3,428,875
Grant FreemanPresident$3,385,350
John WholeyChief Operations and Customer Success Officer and EVP$2,508,373
Lesley BolgerChief Legal Officer and Human Resources and EVP$2,398,282

What changed and why

  • $5.3MCEO total compensation decreased to $5,259,837 in fiscal 2025 from $5,467,614 in fiscal 2024.
  • Short-term and over-performance cash incentives were tied to Adjusted EBITDA, Free Cash Flow, and SaaS Revenue.
  • Long-term incentives consisted of time-based RSUs and performance-based PSUs tied to TSR and SaaS Revenue CAGR.
  • Named executive officers received no guaranteed, non-performance based bonuses in 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.