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Companies Funko, Inc.

Funko (FNKO): executive pay, fiscal 2025

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CEO total pay$6,296,251CEO Josh Simon · source
Say-on-pay support86.2%Latest vote · source
CEO vs. named peers67th pct.Of 13 peer CEOs
CEO pay ratio128:1To the median employee · source

CEO pay, last three years

  • $6,296,251FY2025

CEO total pay was $6,296,251 in fiscal 2025; the brief holds no earlier figure for this CEO.

FY2025: salary $288,462 · bonus $250,000 · stock awards $5,752,942 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Funko, Inc. in fiscal 2025?
As disclosed, Josh Simon (Chief Executive Officer) was the highest-paid executive at Funko, Inc. in fiscal 2025, with total compensation of $6,296,251.
How does Funko, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Josh Simon's total compensation ranked at the 67th percentile of Funko, Inc.'s disclosed peer group.
What is Funko, Inc.'s CEO-to-median employee pay ratio?
As disclosed, Funko, Inc.'s CEO-to-median employee pay ratio was 128:1.
How did shareholders vote on Funko, Inc.'s executive compensation?
As disclosed, 86.2% of shareholders supported Funko, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Funko, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Funko, Inc. reported total board compensation of $1,444,053 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Josh Simon$288,462$250,000$5,752,942$0$0$0$4,847$6,296,251
Chief Executive Officer
Cynthia Williams557,69201,456,1920001,643,0083,656,892
Former Chief Executive Officer
Andrew Oddie683,8060288,329152,84800475,3511,600,334
Chief Commercial Officer
Yves Le Pendeven515,3850288,329152,8490014,000970,563
Chief Financial Officer
Tracy Daw477,6220288,329152,8490014,496933,296
Chief Legal Officer and Secretary
Husnal Shah453,23150,000160,18385,032126,716014,000889,162
Chief Product Officer
Michael Lunsford150,0000164,87996,1690078,185489,233
Former Interim Chief Executive Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Josh Simon$6,296,251———
Cynthia Williams3,656,8926,590,561—↓ −2,933,669
Andrew Oddie1,600,3342,091,0951,638,798↓ −490,761
Yves Le Pendeven970,5631,879,701—↓ −909,138
Tracy Daw933,2961,651,3211,212,569↓ −718,025
Husnal Shah889,162———
Michael Lunsford489,233827,6981,335,897↓ −338,465

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantSemler Brossy
Clawback policytrue
Anti-hedging—
Anti-pledging—
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Cynthia WilliamsRSU2025-03-12——197,316—$239,738
Tracy DawRSU2025-03-12——39,069—288,329
Michael LunsfordRSU2025-07-31——10,000—38,400
Michael LunsfordOPTION2025-06-12——26,000—96,169
Andrew OddieOPTION2025-03-12——29,300—152,848
Yves Le PendevenRSU2025-03-12——39,069—288,329
Andrew OddieRSU2025-03-12——39,069—288,329
Yves Le PendevenOPTION2025-03-12——29,300—152,849
Tracy DawOPTION2025-03-12——29,300—152,849
Josh SimonPSU2025-09-01—750,000——2,595,000
Josh SimonRSU2025-09-01——1,000,000—3,460,000
Husnal ShahOPTION2025-03-12——16,300—85,032
Michael LunsfordRSU2025-08-01——10,000—35,900
Husnal ShahRSU2025-03-12——21,705—160,183
Michael LunsfordRSU2025-06-12——17,419—90,579

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Cynthia Williams$239,738$0$00.0%
Tracy Daw288,3290152,8490.0%
Michael Lunsford164,879096,1690.0%
Andrew Oddie288,3290152,8480.0%
Yves Le Pendeven288,3290152,8490.0%
Josh Simon3,460,0002,595,000042.9%
Husnal Shah160,183085,0320.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Husnal ShahOption46917.09—
Yves Le PendevenOption56317.09—
Husnal ShahRSU750—2,550
Yves Le PendevenRSU896—3,046
Tracy DawOption1,35717.09—
Andrew OddieOption1,46917.09—
Tracy DawRSU4,343—14,766
Husnal ShahRSU4,688—15,939
Andrew OddieRSU4,700—15,980
Yves Le PendevenRSU5,469—18,595
Husnal ShahOption7,3139.77—
Tracy DawOption8,2509.77—
Yves Le PendevenOption8,5329.77—
Yves Le PendevenRSU8,850—30,090
Tracy DawRSU10,547—35,860
Tracy DawPSU10,547—35,860
Andrew OddieOption10,7509.77—
Andrew OddieRSU13,763—46,794
Andrew OddiePSU13,763—46,794
Husnal ShahOption16,3007.38—
Michael LunsfordRSU17,419—59,225
Husnal ShahRSU21,705—73,797
Yves Le PendevenRSU25,200—85,680
Husnal ShahRSU25,200—85,680
Michael LunsfordOption26,0005.2—
Yves Le PendevenOption28,0008.64—
Yves Le PendevenOption29,3007.38—
Tracy DawOption29,3007.38—
Andrew OddieOption29,3007.38—
Tracy DawRSU37,800—128,520
Andrew OddieRSU37,800—128,520
Yves Le PendevenRSU39,069—132,835
Tracy DawRSU39,069—132,835
Andrew OddieRSU39,069—132,835
Yves Le PendevenOption47,1946.37—
Husnal ShahOption47,1946.37—
Tracy DawOption70,8196.37—
Andrew OddieOption70,8196.37—
Andrew OddieRSU231,884—788,406
Josh SimonRSU750,000—2,550,000
Josh SimonRSU1,000,000—3,400,000
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Charlie DensonIndependent · Board Chair · Nominating and Corporate Governance$185,000$90,579$96,169$0$0$371,748
Diane IrvineIndependent · Audit (Chair) · Compensation120,00090,57996,16900306,748
Sarah Kirshbaum LevyIndependent · Audit · Compensation (Chair)115,00090,57996,16900301,748
Jesse JacobsIndependent · Nominating and Corporate Governance (Chair)105,00090,57996,16900291,748
Michael KernsIndependent · Nominating and Corporate Governance95,00090,57996,16900281,748
Jason HarinsteinIndependent · Audit95,00090,57996,16900281,748
Trevor EdwardsIndependent · Compensation95,00090,57996,16900281,748
Josh SimonEmployee director · Audit · Compensation000000
Reed DuchscherNot independent · Nominating and Corporate Governance000000

Board fee structure and ownership guideline

Annual cash retainer$90,000
Annual equity retainer$150,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline$500,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$810,000
Equity awards (grant-date value)$634,053
All other compensation$0
Total cost of the board$1,444,053

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Funko as a peer

Companies that benchmark against FNKO

4 companies name FNKO as a compensation peer

Each company listed discloses FNKO in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named FNKO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

Of the companies Funko, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Funko, Inc..

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1MSG Networks2025James Dolan$230,000$0$13,027,275$378,994$14,284,275
2Jakks Pacific2025Stephen Berman1,850,0005,233,075009,958,012
3Yeti Holdings2025Matthew Reintjes1,057,3085,500,18701,126,0337,697,528
4Funko, Inc.2025Josh Simon288,4625,752,942006,296,251
5Movado Group2026Efraim Grinberg1,300,0011,949,998——5,228,254
6Duluth Holdings2025Stephanie Pugliese605,2253,167,1580847,8754,620,258
7Helen of Troy2026G. Scott Uzzell550,0003,250,0000107,7524,433,124
8Scholastic2026Peter Warwick1,079,2311,374,978125,0161,101,8083,742,972
9Universal Electronics2025Richard Carnifax394,125630,851231,00001,261,190
10GoPro2025Nicholas Woodman202,692569,62300772,315
—SpinMaster——————not in coverage universe
—WWE——————not in coverage universe
—Revolve Group——————not in coverage universe
—iRobot——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Funko, Inc.not disclosedRSU 67 · Option 33not disclosedSemler Brossy
Duluth Holdingsnot disclosednot disclosednot disclosednot disclosed
GoPronot disclosedRSU 60 · PSU 40NoCompensia
Helen of Troy16.3%PRSU 60 · RSU 40NoFW Cook
iRobotnot disclosednot disclosednot disclosednot disclosed
Jakks Pacificnot disclosedRSU 100not disclosedWillis Towers Watson, Lipis Consulting, Inc, Frederic W. Cook & Co.
Movado Groupnot disclosedRSU 100not disclosedMeridian Compensation Partners, LLC
MSG Networks123.33%not disclosedNoClearBridge Compensation Group LLC
Revolve Groupnot disclosednot disclosednot disclosednot disclosed
Scholasticnot disclosednot disclosednot disclosedPay Governance LLC
SpinMasternot disclosednot disclosednot disclosednot disclosed
Universal Electronicsnot disclosedPSU 75 · Options 25NoPay Governance LLC
WWEnot disclosednot disclosednot disclosednot disclosed
Yeti Holdings71.0%PBRSU 75 · RSU 25Yes — Relative Total Stockholder Return (TSR)FW Cook

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0329,652,6674,193,974554,61286.2%Passed
20252025-06-1234,569,9241,752,536223,75394.59%Passed
20242024-06-0437,167,993279,58345,61299.13%Passed
20232023-06-1334,172,849438,3221,522,80594.57%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-06-0386.2%a
20252025-06-1294.59%b
20242024-06-0499.13%c

a. Approved under the standard stated in the filing — “Abstentions have the same effect as a vote against the ratification of the appointment of PwC and the advisory vote on the compensation of our named executive officers.”.

b. Approved under the standard stated in the filing — “Abstentions have the same effect as a vote against the ratification of the appointment of PwC and the advisory vote on the compensation of our named executive officers.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as votes against the proposal.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)128 : 1
CEO total compensation—
Median employee compensation$54,655
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (54 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Josh Simon. DEF 14A, filed 2026-04-22. Section “2025 SUMMARY COMPENSATION TABLE” · page 39. As printed: 6,296,251. View filing ↗
  • Section 01, Cynthia Williams. DEF 14A, filed 2026-04-22. Section “2025 SUMMARY COMPENSATION TABLE” · page 39. As printed: 3,656,892. View filing ↗
  • Section 01, Andrew Oddie. DEF 14A, filed 2026-04-22. Section “2025 SUMMARY COMPENSATION TABLE” · page 39. As printed: 1,600,334. View filing ↗
  • Section 01, Yves Le Pendeven. DEF 14A, filed 2026-04-22. Section “2025 SUMMARY COMPENSATION TABLE” · page 39. As printed: 970,563. View filing ↗
  • Section 01, Tracy Daw. DEF 14A, filed 2026-04-22. Section “2025 SUMMARY COMPENSATION TABLE” · page 39. As printed: 933,296. View filing ↗
  • Section 01, Husnal Shah. DEF 14A, filed 2026-04-22. Section “2025 SUMMARY COMPENSATION TABLE” · page 39. As printed: 889,162. View filing ↗
  • Section 01, Michael Lunsford. DEF 14A, filed 2026-04-22. Section “2025 SUMMARY COMPENSATION TABLE” · page 39. As printed: 489,233. View filing ↗
  • Section 03, Cynthia Williams RSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Tracy Daw RSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Lunsford RSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Lunsford OPTION. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Andrew Oddie OPTION. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Yves Le Pendeven RSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Andrew Oddie RSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Yves Le Pendeven OPTION. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Tracy Daw OPTION. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Josh Simon PSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Josh Simon RSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Husnal Shah OPTION. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Lunsford RSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Husnal Shah RSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Lunsford RSU. DEF 14A, filed 2026-04-22. Section “GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-22. Section “CEO Pay Ratio”. As printed: 128 : 1. View filing ↗
  • Section 08, Charlie Denson. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 371,748. View filing ↗
  • Section 08, Diane Irvine. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 306,748. View filing ↗
  • Section 08, Sarah Kirshbaum Levy. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 301,748. View filing ↗
  • Section 08, Jesse Jacobs. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 291,748. View filing ↗
  • Section 08, Michael Kerns. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 281,748. View filing ↗
  • Section 08, Jason Harinstein. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 281,748. View filing ↗
  • Section 08, Trevor Edwards. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 281,748. View filing ↗
  • Section 08, Josh Simon. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Reed Duchscher. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-04. Item 5.07 · say-on-pay result. As reported: 86.2% (votes for as printed: 29,652,667). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-13. Item 5.07 · say-on-pay result. As reported: 94.59% (votes for as printed: 34,569,924). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-07. Item 5.07 · say-on-pay result. As reported: 99.13% (votes for as printed: 37,167,993). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 810,000 + equity 634,053 + all other 0 = 1,444,053, summed across the director compensation table rows.
  • MSG Networks, Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in MSG Networks's own proxy. As printed: 14,284,275. View filing ↗
  • Jakks Pacific, Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Jakks Pacific's own proxy. As printed: 9,958,012. View filing ↗
  • Yeti Holdings, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Yeti Holdings's own proxy. As printed: 7,697,528. View filing ↗
  • Funko, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Funko, Inc.'s own proxy. As printed: 6,296,251. View filing ↗
  • Movado Group, Section 10b CEO total. DEF 14A, filed 2026-05-06. CEO total compensation as printed in Movado Group's own proxy. As printed: 5,228,254. View filing ↗
  • Duluth Holdings, Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in Duluth Holdings's own proxy. As printed: 4,620,258. View filing ↗
  • Helen of Troy, Section 10b CEO total. DEF 14A, filed 2026-06-24. CEO total compensation as printed in Helen of Troy's own proxy. As printed: 4,433,124. View filing ↗
  • Scholastic, Section 10b CEO total. DEF 14A, filed 2026-08-07. CEO total compensation as printed in Scholastic's own proxy. As printed: 3,742,972. View filing ↗
  • Universal Electronics, Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Universal Electronics's own proxy. As printed: 1,261,190. View filing ↗
  • GoPro, Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in GoPro's own proxy. As printed: 772,315. View filing ↗
  • Section 10a, Scholastic reciprocity. DEF 14A. Scholastic's most recent proxy was read; its disclosed peer group does not include Funko, Inc.. View filing ↗
  • Section 10a, Helen of Troy reciprocity. DEF 14A. Helen of Troy's most recent proxy was read; its disclosed peer group does not include Funko, Inc.. View filing ↗
  • Section 10a, GoPro reciprocity. DEF 14A. GoPro's most recent proxy was read; its disclosed peer group does not include Funko, Inc.. View filing ↗
  • Section 10a, Universal Electronics reciprocity. DEF 14A. Universal Electronics's most recent proxy was read; its disclosed peer group does not include Funko, Inc.. View filing ↗
  • Section 10a, YETI Holdings reciprocity. DEF 14A. YETI Holdings's most recent proxy was read; its disclosed peer group does not include Funko, Inc.. View filing ↗
  • Section 10a, JAKKS Pacific reciprocity. DEF 14A. JAKKS Pacific's most recent proxy was read; its disclosed peer group does not include Funko, Inc.. View filing ↗
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