How Ishbia was paid
$10M 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 |
|---|---|---|---|---|---|
| Mat IshbiaChief Executive Officer | $600,000 | $1,077,193 | $5,269,280 | $3,014,828 | $9,961,301 |
| Rami HasaniEVP, Chief Financial Officer | $321,000 | $566,303 | $441,120 | $5,000 | $1,333,423 |
| Melinda WilnerEVP, Chief Operating Officer | $428,000 | $6,852,808 | $2,413,795 | $5,000 | $9,699,602 |
| Alex ElezajEVP, Chief Strategy Officer | $393,000 | $6,844,327 | $2,364,097 | $2,500 | $9,603,924 |
| Laura LawsonEVP, Chief People Officer | $319,000 | $63,323 | $977,732 | $12,346 | $1,372,700 |
| Andrew HubackerFormer EVP, Chief Financial Officer & Chief Accounting Officer | $380,000 | $63,323 | $297,099 | $18,740 | $759,462 |
What changed and why
- $13.2MCEO total compensation decreased from $13,150,935 in 2024 to $9,961,301 in 2025.
- $6MMat Ishbia waived $6,000,000 of his 2025 bonus to distribute to senior leadership for the 40th anniversary.
- $163.4BTotal originations increased to $163.4 billion in 2025 from $139.4 billion in 2024.
- $244.0MNet income was $244.0 million in 2025 compared to $329.4 million in 2024.
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.