Visa (V) executive compensation, 2025 proxy

Ryan McInerney, Chief Executive Officer, was paid $31.6M in fiscal 2025, up 21% from $26M the year before. The CEO-to-median-employee pay ratio was 204:1, on median employee pay of $154,909.

Filed
December 8, 2025
Annual meeting
January 27, 2026
Pay year
fiscal 2025
Named executives
5
CEO total pay
$31.6M+21% vs prior year
CEO to median employee
204:1median $154,909
CEO pay in equity
77%$24.4M in awards
CEO Target Bonus
$3,750,000Target incentive amount
Net Revenue
$40.0B11% from prior year
GAAP Net Income
$20.1B2% from prior year
Non-GAAP Net Income
$22.5B11% from prior year
Total Employees
~34,100Located in 85+ countries

How McInerney was paid

$31.6M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary5%Stock awards59%Option awards18%Non-equity incentive17%Pension and deferred comp0%All other compensation1%

Named executive officers

ExecutiveTotal
Ryan McInerneyChief Executive Officer$31,560,660
Chris SuhChief Financial Officer$11,247,120
Paul FabaraChief Risk and Client Services Officer$9,715,087
Rajat TanejaPresident, Technology$22,668,896
Kelly Mahon TullierVice Chair, Chief People and Corporate Affairs Officer$14,552,968

What changed and why

  • $31.6MChief Executive Officer Ryan McInerney received total compensation of $31,560,660 in fiscal year 2025.
  • $26MCEO total compensation increased from $25,999,293 in the prior fiscal year.
  • Annual cash incentives for executives are based on performance against pre-established financial and strategic goals.
  • Performance shares vest based on annual EPS goals and a relative TSR modifier over three years.

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.