XBP Global Holdings (XBP) executive compensation, 2025 proxy

Andrej Jonovic, Chief Executive Officer, was paid $2M in 2024.

Filed
July 15, 2025
Annual meeting
July 25, 2025
Pay year
2024
Named executives
4
CEO total pay
$2M2024
CEO pay in equity
55%$1.1M in awards
Adjusted EBITDA attainment
98.97%2024 Bonus Plan performance
Revenue weighting
50%Bonus performance metric
Adjusted EBITDA weighting
50%Bonus performance metric
Maximum annual bonus
100%Of annual base salary
Equity plan shares
5,520,270Authorized under 2024 plan
RSU vesting period
April 30, 2027Scheduled final vesting date

How Jonovic was paid

$2M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary28%Bonus17%Stock awards55%

Named executive officers

ExecutiveTotal
Andrej JonovicChief Executive Officer$1,974,568
Dejan AvramovicChief Financial Officer$1,030,123
Vitalie RobuPresident, EMEA$1,485,840
Par ChadhaExecutive Chairman$1,388,636

What changed and why

  • $2M2024 CEO total compensation was $1,974,568, including $1,079,411 in RSUs and $343,157 in bonuses.
  • 98.97%2024 bonuses combined performance-based awards and one-time strategic-project bonuses; revenue missed target and adjusted EBITDA reached 98.97%.
  • 2024 RSUs vest in three annual installments through April 30, 2027.
  • $1.4M$1,388,636 was Par Chadha’s sole Company compensation, entirely in equity.
  • 100%Annual bonuses could reach 100% of each executive’s base salary under the Bonus Plan.

Other XBP Global Holdings proxy statements

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.