CompBrief BY VELARION

Companies Pros Holdings, Inc.

Pros (PRO): executive pay, fiscal 2024

Free brief. Every figure links to the company’s own filing.

Velarion Intel: free for 3 days, no card →

Email me Pros Holdings, Inc.’s executive pay brief as a PDF

You get it on this page the moment you ask, and a copy by email. Every figure is cited to its filing.

After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.

Also free: The Pay Desk, the weekly executive pay briefing.
CEO total pay$9,058,301CEO Andres Reiner · source
Say-on-pay support92.41%Latest vote · source
CEO vs. named peers47th pct.Of 22 peer CEOs
CEO pay ratio109:1To the median employee · source

CEO pay, last three years

  • $6,702,001FY2022
  • $7,554,450FY2023
  • $9,058,301FY2024

CEO total pay was $9,058,301 in fiscal 2024, up from $7,554,450 in fiscal 2023.

FY2024: salary $540,000 · bonus $0 · stock awards $8,108,937 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Pros Holdings, Inc. in fiscal 2024?
As disclosed, Andres Reiner (President and Chief Executive Officer) was the highest-paid executive at Pros Holdings, Inc. in fiscal 2024, with total compensation of $9,058,301.
How does Pros Holdings, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Andres Reiner's total compensation ranked at the 47th percentile of Pros Holdings, Inc.'s disclosed peer group.
What is Pros Holdings, Inc.'s CEO-to-median employee pay ratio?
As disclosed, Pros Holdings, Inc.'s CEO-to-median employee pay ratio was 109:1.
How did shareholders vote on Pros Holdings, Inc.'s executive compensation?
As disclosed, 92.41% of shareholders supported Pros Holdings, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Pros Holdings, Inc. spend in total on board compensation for fiscal 2024?
As disclosed, Pros Holdings, Inc. reported total board compensation of $2,250,519 for fiscal 2024.

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
Andres Reiner$540,000$0$8,108,937$0$392,040$0$17,324$9,058,301
President and Chief Executive Officer
Todd McNabb315,34106,411,9430209,361011,5006,948,145
Chief Revenue Officer
Stefan Schulz422,00004,267,8440222,816012,9004,925,560
Executive Vice President and Chief Financial 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY2023→2024
Andres Reiner$9,058,301$7,554,450$6,702,001↑ +1,503,851
Todd McNabb6,948,145———
Stefan Schulz4,925,5604,142,8053,186,104↑ +782,755

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

PROS's executive compensation program is designed to align executive compensation with Company performance and stockholder interests, attract and retain high-caliber talent, and promote a performance culture that encourages achieving and exceeding corporate goals and objectives. The program emphasizes pay-for-performance through equity and cash incentive awards contingent on pre-established business and stock performance goals, with no discretion in payouts.

CEO STI target (% of salary)110%
CEO LTI target (% of salary)—
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Todd McNabbRSU2024-04-18——79,151—$2,649,975
Stefan SchulzRSU2024-01-12——68,220—2,399,980
Todd McNabbRSU2024-10-16——105,429—1,999,988
Andres ReinerRSU2024-01-12——129,619—4,559,996
Andres ReinerPSU2024-01-12—86,412—172,8243,548,941
Stefan SchulzPSU2024-01-12—45,480—90,9601,867,864
Todd McNabbPSU2024-04-18—47,789—95,5781,761,980

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Todd McNabb$4,649,963$1,761,980$027.5%
Stefan Schulz2,399,9801,867,864043.8%
Andres Reiner4,559,9963,548,941043.8%

% 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 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Todd McNabbPSU7,467—$163,975
Stefan SchulzPSU9,315—204,557
Stefan SchulzPSU14,580—320,177
Andres ReinerPSU14,619—321,033
Andres ReinerPSU26,730—586,991
Stefan SchulzPSU41,669—915,051
Stefan SchulzPSU45,480—998,741
Todd McNabbPSU47,789—1,049,446
Stefan SchulzPSU49,382—1,084,429
Stefan SchulzPSU68,220—1,498,111
Todd McNabbPSU71,684—1,574,181
Andres ReinerPSU78,473—1,723,267
Andres ReinerPSU86,412—1,897,608
Andres ReinerPSU93,004—2,042,368
Todd McNabbPSU105,429—2,315,221
Andres ReinerPSU129,619—2,846,433
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
William RussellIndependent · Board Chair · Compensation and Leadership Development · Nominating and Corporate Governance (Chair) · NCG (Chair)$120,000$189,998$0—$0$309,998
Catherine LesjakIndependent72,500189,9980—0262,498
Greg B. PetersenIndependent · Audit · Compensation and Leadership Development (Chair) · CLD (Chair)70,000189,9980—0259,998
Timothy V. WilliamsIndependent · Audit · Nominating and Corporate Governance57,500189,9980—0247,498
Leland JourdanIndependent · Compensation and Leadership Development50,000189,9980—0239,998
Raja HammoudIndependent · Audit50,000189,9980—0239,998
Michelle Hughes BenferIndependent · Departed during FY · Partial-year service33,450189,9980—0223,448
Carlos DominguezIndependent · Departed during FY26,625189,9980—0216,623
Jennifer BiryIndependent · Audit · Partial-year service · Newly elected12,163136,3670—0148,530
John StrosahlIndependent · Partial-year service · Newly elected2,88885,8690—088,757
Cynthia M. JohnsonIndependent · Departed during FY · Partial-year service13,17300—013,173
Katie MayIndependent · Partial-year service · Newly elected000—00
Andres D. ReinerEmployee director000—00

Board fee structure and ownership guideline

Annual cash retainer$35,000
Annual equity retainer$190,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 20,000 / 10,000
Stock ownership guideline5x annual cash retainer

Total cost of the board

ComponentFY2024
Cash retainers and fees$508,299
Equity awards (grant-date value)$1,742,220
All other compensation$0
Total cost of the board$2,250,519

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

Peer group, and who names Pros as a peer

Companies that benchmark against PRO

23 companies name PRO as a compensation peer

The list of companies that name PRO as a peer is temporarily unavailable — recheck shortly.

Disclosed peer group — fiscal year 2024

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

EGHT 8x8, Inc.BL BlackLine, Inc.PD PagerDuty, Inc.SPT Sprout Social, Inc.WK Workiva Inc.ETWO E2open Parent Holdings, Inc.FROG JFrog Ltd.EVBG Everbridge, Inc.MODN Model N, Inc.SUMO Sumo Logic, Inc. BigCommerce Holdings, Inc.DOMO Domo, Inc.OSPN OneSpan Inc.QTWO Q2 Holdings, Inc.RPD Rapid7, Inc.SPSC SPS Commerce, Inc.YEXT Yext, Inc.ZUO Zuora, Inc.BASE Couchbase, Inc.MLNK MeridianLink, Inc.PHR Phreesia, Inc.SWI SolarWinds Corporation

Peer reciprocity

Of the companies Pros Holdings, 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.

8x8, Inc. (EGHT) BlackLine, Inc. (BL) PagerDuty, Inc. (PD) Sprout Social, Inc. (SPT) Workiva Inc. (WK) E2open Parent Holdings, Inc. (ETWO) JFrog Ltd. (FROG) Everbridge, Inc. (EVBG) Model N, Inc. (MODN) Sumo Logic, Inc. (SUMO) Domo, Inc. (DOMO) OneSpan Inc. (OSPN) Q2 Holdings, Inc. (QTWO) Rapid7, Inc. (RPD) SPS Commerce, Inc. (SPSC) Yext, Inc. (YEXT) Zuora, Inc. (ZUO) Couchbase, Inc. (BASE) MeridianLink, Inc. (MLNK) Phreesia, Inc. (PHR) SolarWinds Corporation (SWI)

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 Pros Holdings, 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
1Pros Holdings, Inc.2024Andres Reiner$540,000$8,108,937$0$392,040$9,058,301
—8x8, Inc.——————not in coverage universe
—BlackLine, Inc.——————not in coverage universe
—PagerDuty, Inc.——————not in coverage universe
—Sprout Social, Inc.——————not in coverage universe
—Workiva Inc.——————not in coverage universe
—E2open Parent Holdings, Inc.——————not in coverage universe
—JFrog Ltd.——————not in coverage universe
—Everbridge, Inc.——————not in coverage universe
—Model N, Inc.——————not in coverage universe
—Sumo Logic, Inc.——————not in coverage universe
—Domo, Inc.——————not in coverage universe
—OneSpan Inc.——————not in coverage universe
—Q2 Holdings, Inc.——————not in coverage universe
—Rapid7, Inc.——————not in coverage universe
—SPS Commerce, Inc.——————not in coverage universe
—Yext, Inc.——————not in coverage universe
—Zuora, Inc.——————not in coverage universe
—Couchbase, Inc.——————not in coverage universe
—MeridianLink, Inc.——————not in coverage universe
—Phreesia, Inc.——————not in coverage universe
—SolarWinds Corporation——————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
Pros Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
8x8, Inc.not disclosednot disclosednot disclosednot disclosed
BlackLine, Inc.not disclosednot disclosednot disclosednot disclosed
Couchbase, Inc.not disclosednot disclosednot disclosednot disclosed
Domo, Inc.not disclosednot disclosednot disclosednot disclosed
E2open Parent Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Everbridge, Inc.not disclosednot disclosednot disclosednot disclosed
JFrog Ltd.not disclosednot disclosednot disclosednot disclosed
MeridianLink, Inc.not disclosednot disclosednot disclosednot disclosed
Model N, Inc.not disclosednot disclosednot disclosednot disclosed
OneSpan Inc.not disclosednot disclosednot disclosednot disclosed
PagerDuty, Inc.not disclosednot disclosednot disclosednot disclosed
Phreesia, Inc.not disclosednot disclosednot disclosednot disclosed
Q2 Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Rapid7, Inc.not disclosednot disclosednot disclosednot disclosed
SolarWinds Corporationnot disclosednot disclosednot disclosednot disclosed
Sprout Social, Inc.not disclosednot disclosednot disclosednot disclosed
SPS Commerce, Inc.not disclosednot disclosednot disclosednot disclosed
Sumo Logic, Inc.not disclosednot disclosednot disclosednot disclosed
Workiva Inc.not disclosednot disclosednot disclosednot disclosed
Yext, Inc.not disclosednot disclosednot disclosednot disclosed
Zuora, Inc.not disclosednot disclosednot disclosednot disclosed

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
20252025-05-0835,132,2382,884,7331,832,36092.41%Passed
20242024-05-1538,421,708817,0852,726,07497.92%Passed
20232023-05-1140,571,770680,16118,51598.31%Passed
20222022-05-1233,042,8035,002,08559,57686.85%Passed
20212021-05-1230,926,7428,829,91388,63077.62%Passed
20202020-04-2925,067,50513,988,41668,87964.18%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
20252025-05-0892.41%a
20242024-05-1597.92%b
20232023-05-1198.31%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “A properly executed proxy marked "ABSTAIN" with respect to this matter is considered entitled to vote, and thus will have the effect of a vote against this matter.”.

c. Approved under the standard stated in the filing — “If you hold your shares in your own name and abstain from voting on this matter, your abstention will have the same effect as a negative vote.”.

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)109 : 1
CEO total compensation$9,058,301
Median employee compensation$82,510
Insider trades since the proxy

Equity transactions since the proxy statement are temporarily unavailable — recheck shortly.

Sources (31 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, Andres Reiner. DEF 14A, filed 2025-03-28. Section “Summary Compensation Table” · page 31. As printed: 9,058,301. View filing ↗
  • Section 01, Todd McNabb. DEF 14A, filed 2025-03-28. Section “Summary Compensation Table”. As printed: 6,948,145. View filing ↗
  • Section 01, Stefan Schulz. DEF 14A, filed 2025-03-28. Section “Summary Compensation Table”. As printed: 4,925,560. View filing ↗
  • Section 03, Todd McNabb RSU. DEF 14A, filed 2025-03-28. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Stefan Schulz RSU. DEF 14A, filed 2025-03-28. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Todd McNabb RSU. DEF 14A, filed 2025-03-28. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Andres Reiner RSU. DEF 14A, filed 2025-03-28. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Andres Reiner PSU. DEF 14A, filed 2025-03-28. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Stefan Schulz PSU. DEF 14A, filed 2025-03-28. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Todd McNabb PSU. DEF 14A, filed 2025-03-28. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2025-03-28. Section “CEO Pay Ratio”. As printed: 109 : 1. View filing ↗
  • Section 08, William Russell. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 309,998. View filing ↗
  • Section 08, Catherine Lesjak. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 262,498. View filing ↗
  • Section 08, Greg B. Petersen. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 259,998. View filing ↗
  • Section 08, Timothy V. Williams. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 247,498. View filing ↗
  • Section 08, Leland Jourdan. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 239,998. View filing ↗
  • Section 08, Raja Hammoud. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 239,998. View filing ↗
  • Section 08, Michelle Hughes Benfer. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 223,448. View filing ↗
  • Section 08, Carlos Dominguez. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 216,623. View filing ↗
  • Section 08, Jennifer Biry. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 148,530. View filing ↗
  • Section 08, John Strosahl. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 88,757. View filing ↗
  • Section 08, Cynthia M. Johnson. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 13,173. View filing ↗
  • Section 08, Katie May. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Andres D. Reiner. DEF 14A, filed 2025-03-28. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-09. Item 5.07 · say-on-pay result. As reported: 92.41% (votes for as printed: 35,132,238). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-17. Item 5.07 · say-on-pay result. As reported: 97.92% (votes for as printed: 38,421,708). View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-05-12. Item 5.07 · say-on-pay result. As reported: 98.31% (votes for as printed: 40,571,770). 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 508,299 + equity 1,742,220 + all other 0 = 2,250,519, summed across the director compensation table rows.
  • Pros Holdings, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2025-03-28. CEO total compensation as printed in Pros Holdings, Inc.'s own proxy. As printed: 9,058,301. View filing ↗
Get the full report — $500