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Companies OneMain Holdings, Inc.

OneMain (OMF): executive pay, fiscal 2025

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CEO total pay$15,074,230CEO Douglas Shulman · source
Say-on-pay support96.94%Latest vote · source
CEO vs. named peers57th pct.Of 14 peer CEOs
CEO pay ratio172:1To the median employee · source

CEO pay, last three years

  • $15,448,668FY2023
  • $11,322,545FY2024
  • $15,074,230FY2025

CEO total pay was $15,074,230 in fiscal 2025, up from $11,322,545 in fiscal 2024.

FY2025: salary $1,097,308 · bonus $0 · stock awards $8,190,542 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at OneMain Holdings, Inc. in fiscal 2025?
As disclosed, Douglas Shulman (Chairman and Chief Executive Officer) was the highest-paid executive at OneMain Holdings, Inc. in fiscal 2025, with total compensation of $15,074,230.
How does OneMain Holdings, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Douglas Shulman's total compensation ranked at the 57th percentile of OneMain Holdings, Inc.'s disclosed peer group.
What is OneMain Holdings, Inc.'s CEO-to-median employee pay ratio?
As disclosed, OneMain Holdings, Inc.'s CEO-to-median employee pay ratio was 172:1.
How did shareholders vote on OneMain Holdings, Inc.'s executive compensation?
As disclosed, 96.94% of shareholders supported OneMain Holdings, Inc.'s executive compensation in the latest say-on-pay vote.
How much does OneMain Holdings, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, OneMain Holdings, Inc. reported total board compensation of $2,310,001 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
Douglas Shulman$1,097,308$0$8,190,542$0$4,551,250$0$1,235,130$15,074,230
Chairman and Chief Executive Officer
Jeannette Osterhout648,65402,094,35901,357,1000391,4664,491,579
Executive Vice President and Chief Financial Officer
Micah Conrad648,65401,988,58701,295,6000347,8124,280,653
Executive Vice President and Chief Operating 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
Douglas Shulman$15,074,230$11,322,545$15,448,668↑ +3,751,685
Jeannette Osterhout4,491,5793,474,123—↑ +1,017,456
Micah Conrad4,280,6533,464,8034,856,541↑ +815,850

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

Our objective is to provide a market-based total compensation program tied to performance and aligned with the interests of our stockholders. We view compensation practices as a means for communicating our performance goals and standards of conduct and for motivating and rewarding team members in relation to their achievements.

CEO STI target (% of salary)250%
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Micah ConradRSU2025-02-06——20,317—$1,154,412
Jeannette OsterhoutPSU2025-02-067,13314,265—34,236878,581
Douglas ShulmanRSU2025-02-06——62,004—3,523,067
Douglas ShulmanPSU2025-02-0637,89275,783—181,8794,667,475
Jeannette OsterhoutRSU2025-02-06——21,397—1,215,778
Micah ConradPSU2025-02-066,77213,544—32,506834,175

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Micah Conrad$1,154,412$834,175$041.9%
Jeannette Osterhout1,215,778878,581041.9%
Douglas Shulman3,523,0674,667,475057.0%

% 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
Jeannette OsterhoutPSU39,093—$2,640,732
Micah ConradPSU39,430—2,663,497
Douglas ShulmanPSU133,799—9,038,122
Micah ConradPSU138,809—9,376,548
Jeannette OsterhoutPSU147,941—9,993,415
Douglas ShulmanPSU540,337—36,499,764
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Valerie Soranno KeatingIndependent · Departed during FY$53,343$158,585$0$0$252,916$464,844
Roy A. GuthrieIndependent · Lead Independent Director · Audit (Chair) · Compensation (Chair) · Executive · Risk250,000158,585005,440414,025
Richard A. SmithIndependent · Audit · Compensation · NCG125,459158,585005,440289,484
Toos N. DaruvalaIndependent · Risk (Chair) · NCG122,767158,58500—281,352
Philip L. BronnerIndependent · Audit100,000158,5850012,916271,501
Phyllis R. CaldwellIndependent · NCG (Chair)105,068158,58500—263,653
Andrew D. MacdonaldIndependent · Compensation · Newly elected74,572107,77300—182,345
Christopher A. HalmyIndependent · Audit · Risk · Newly elected58,91583,88200—142,797
Douglas H. ShulmanEmployee director · Board Chair · Executive000—00

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$155,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 25,000 / 20,000
Stock ownership guideline5x cash retainer

Total cost of the board

ComponentFY2025
Cash retainers and fees$890,124
Equity awards (grant-date value)$1,143,165
All other compensation$276,712
Total cost of the board$2,310,001

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

Peer group, and who names OneMain as a peer

Companies that benchmark against OMF

13 companies name OMF as a compensation peer

Each company listed discloses OMF 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 OMF 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 OneMain 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.

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 OneMain 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
1Credit Acceptance Corporation2025Vinayak Hegde$147,671$61,633,600$0$0$62,567,647
2Rocket Companies, Inc.2025Varun Krishna1,262,60346,999,97003,992,98152,889,799
3SoFi Technologies, Inc.2025Anthony Noto1,000,00025,308,94102,760,00030,275,733
4Fidelity National Information Services, Inc.2025Stephanie Ferris1,250,00018,741,36702,812,50022,928,412
5Synchrony Financial2025Brian Doubles1,260,09615,929,31502,942,70021,373,734
6Global Payments Inc.2025Cameron Bready1,050,00012,129,9644,002,0222,903,55320,307,392
7OneMain Holdings, Inc.2025Douglas Shulman1,097,3088,190,54204,551,25015,074,230
8Ally Financial Inc.2025Michael Rhodes1,000,0007,203,0550012,770,194
9Bread Financial Holdings, Inc.2025Ralph Andretta1,196,5397,019,36903,430,80011,921,231
10SLM Corporation2025Jonathan Witter1,100,0008,444,99401,672,00011,261,733
11The Western Union Company2025Devin B. McGranahan1,000,0007,122,6001,900,000478,80010,697,800
12Toast, Inc.2025Aman Narang475,3424,594,4604,999,970612,24110,682,013
13Prog Holdings, Inc.2025Steven Michaels1,000,0007,424,43201,408,5009,880,430
14Navient Corporation2025Dave Yowan895,5483,330,73301,296,0005,539,945
15LendingClub Corporation2025Scott Sanborn575,0002,690,86501,004,8134,823,478

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
OneMain Holdings, Inc.166%PSU 55 · RSU 45NoMeridian Compensation Partners, LLC
Ally Financial Inc.not disclosedRSU 50 · PSU 50Yes — TSR modifierFrederic W. Cook & Co., Inc. (FW Cook)
Bread Financial Holdings, Inc.not disclosedPSU 60 · RSU 40Nonot disclosed
Credit Acceptance Corporationnot disclosedRSU 100not disclosednot disclosed
Fidelity National Information Services, Inc.100%PSU 50 · RSU 50Yes — Relative TSR vs S&P 500Meridian
Global Payments Inc.138.3%PSU 50 · Options 25 · RSU 25Yes — Relative TSRFW Cook
LendingClub Corporation116.5%PSU 41 · RSU 34 · Cash LTI 25Yes — Relative TSRFW Cook
Navient Corporationnot disclosednot disclosedYes — Relative Total Shareholder Return (rTSR)Pearl Meyer
Prog Holdings, Inc.not disclosedPSU 70 · RSU 30Yes — Relative TSRExequity LLP
Rocket Companies, Inc.115%RSU 50 · PSU 50NoSemler Brossy Consulting Group, LLC
SLM Corporation96.2%PSU 60 · RSU 40Yes — relative total shareholder return (TSR)Aon's Human Capital Solutions practice (McLagan)
SoFi Technologies, Inc.138%RSU 50 · PSU 50NoCompensia, Inc.
Synchrony Financial115.4%PSU 55 · RSU 45NoMeridian
The Western Union Company27%PSU 50 · RSU 30NoMeridian Compensation Partners, LLC
Toast, Inc.129%Option 50 · RSU 50not disclosedCompensia

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
20262026-06-1689,106,6242,599,910215,89796.94%Passed
20232023-06-1393,175,0224,195,724199,68195.5%Passed
20172017-05-25112,209,43813,956,992283,89288.74%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
20262026-06-1696.94%a
20232023-06-1395.5%b
20172017-05-2588.74%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote against the Say on Pay Proposal, the Auditor Ratification Proposal and the Incentive Plan Proposal.”.

b. Approved under the standard stated in the filing — “Abstentions with respect to the Say on Pay Proposal, the Declassified Board Proposal or the Majority Voting Proposal will have the same effect as a vote against such proposals.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote against this 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)172 : 1
CEO total compensation$15,074,230
Median employee compensation$87,641
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Michael A. Hedlundpao, SVP and Group Controller2026-06-29D1,848$62$114,576CommonForm 4 ↗
Micah ConradEVP & COO2026-06-29D5,00062310,000CommonForm 4 ↗
Michael A. Hedlundpao, SVP and Group Controller2026-07-29D2,50064160,000CommonForm 4 ↗
Micah ConradEVP & COO2026-08-04D5,00065327,005CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

Sources (57 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, Douglas Shulman. DEF 14A, filed 2026-04-29. Section “2025 Summary Compensation Table” · page 46. As printed: 15,074,230. View filing ↗
  • Section 01, Jeannette Osterhout. DEF 14A, filed 2026-04-29. Section “2025 Summary Compensation Table”. As printed: 4,491,579. View filing ↗
  • Section 01, Micah Conrad. DEF 14A, filed 2026-04-29. Section “2025 Summary Compensation Table”. As printed: 4,280,653. View filing ↗
  • Section 03, Micah Conrad RSU. DEF 14A, filed 2026-04-29. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jeannette Osterhout PSU. DEF 14A, filed 2026-04-29. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Douglas Shulman RSU. DEF 14A, filed 2026-04-29. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Douglas Shulman PSU. DEF 14A, filed 2026-04-29. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jeannette Osterhout RSU. DEF 14A, filed 2026-04-29. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Micah Conrad PSU. DEF 14A, filed 2026-04-29. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-29. Section “CEO Pay Ratio”. As printed: 172 : 1. View filing ↗
  • Section 08, Valerie Soranno Keating. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 464,844. View filing ↗
  • Section 08, Roy A. Guthrie. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 414,025. View filing ↗
  • Section 08, Richard A. Smith. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 289,484. View filing ↗
  • Section 08, Toos N. Daruvala. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 281,352. View filing ↗
  • Section 08, Philip L. Bronner. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 271,501. View filing ↗
  • Section 08, Phyllis R. Caldwell. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 263,653. View filing ↗
  • Section 08, Andrew D. Macdonald. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 182,345. View filing ↗
  • Section 08, Christopher A. Halmy. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 142,797. View filing ↗
  • Section 08, Douglas H. Shulman. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, Michael A. Hedlund 2026-06-29. Form 4, filed 2026-06-30. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Micah Conrad 2026-06-29. Form 4, filed 2026-06-30. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Michael A. Hedlund 2026-07-29. Form 4, filed 2026-07-31. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Micah Conrad 2026-08-04. Form 4, filed 2026-08-06. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-22. Item 5.07 · say-on-pay result. As reported: 96.94% (votes for as printed: 89,106,624). View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-06-15. Item 5.07 · say-on-pay result. As reported: 95.5% (votes for as printed: 93,175,022). View filing ↗
  • Section 06, 2017 vote. Form 8-K, filed 2017-05-25. Item 5.07 · say-on-pay result. As reported: 88.74%. 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 890,124 + equity 1,143,165 + all other 276,712 = 2,310,001, summed across the director compensation table rows.
  • Credit Acceptance Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Credit Acceptance Corporation's own proxy. As printed: 62,567,647. View filing ↗
  • Rocket Companies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Rocket Companies, Inc.'s own proxy. As printed: 52,889,799. View filing ↗
  • SoFi Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in SoFi Technologies, Inc.'s own proxy. As printed: 30,275,733. View filing ↗
  • Fidelity National Information Services, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Fidelity National Information Services, Inc.'s own proxy. As printed: 22,928,412. View filing ↗
  • Synchrony Financial, Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Synchrony Financial's own proxy. As printed: 21,373,734. View filing ↗
  • Global Payments Inc., Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Global Payments Inc.'s own proxy. As printed: 20,307,392. View filing ↗
  • OneMain Holdings, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in OneMain Holdings, Inc.'s own proxy. As printed: 15,074,230. View filing ↗
  • Ally Financial Inc., Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in Ally Financial Inc.'s own proxy. As printed: 12,770,194. View filing ↗
  • Bread Financial Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in Bread Financial Holdings, Inc.'s own proxy. As printed: 11,921,231. View filing ↗
  • SLM Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-27. CEO total compensation as printed in SLM Corporation's own proxy. As printed: 11,261,733. View filing ↗
  • The Western Union Company, Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in The Western Union Company's own proxy. As printed: 10,697,800. View filing ↗
  • Toast, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Toast, Inc.'s own proxy. As printed: 10,682,013. View filing ↗
  • Prog Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Prog Holdings, Inc.'s own proxy. As printed: 9,880,430. View filing ↗
  • Navient Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in Navient Corporation's own proxy. As printed: 5,539,945. View filing ↗
  • LendingClub Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in LendingClub Corporation's own proxy. As printed: 4,823,478. View filing ↗
  • Section 10a, SoFi Technologies, Inc. reciprocity. DEF 14A. SoFi Technologies, Inc. names OneMain Holdings, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Ally Financial Inc. reciprocity. DEF 14A. Ally Financial Inc.'s most recent proxy was read; its disclosed peer group does not include OneMain Holdings, Inc.. View filing ↗
  • Section 10a, LendingClub Corporation reciprocity. DEF 14A. LendingClub Corporation's most recent proxy was read; its disclosed peer group does not include OneMain Holdings, Inc.. View filing ↗
  • Section 10a, Bread Financial Holdings, Inc. reciprocity. DEF 14A. Bread Financial Holdings, Inc. names OneMain Holdings, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Credit Acceptance Corporation reciprocity. DEF 14A. Credit Acceptance Corporation's most recent proxy was read; its disclosed peer group does not include OneMain Holdings, Inc.. View filing ↗
  • Section 10a, Fidelity National Information Services, Inc. reciprocity. DEF 14A. Fidelity National Information Services, Inc.'s most recent proxy was read; its disclosed peer group does not include OneMain Holdings, Inc.. View filing ↗
  • Section 10a, Global Payments Inc. reciprocity. DEF 14A. Global Payments Inc.'s most recent proxy was read; its disclosed peer group does not include OneMain Holdings, Inc.. View filing ↗
  • Section 10a, Navient Corporation reciprocity. DEF 14A. Navient Corporation names OneMain Holdings, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, PROG Holdings, Inc. reciprocity. DEF 14A. PROG Holdings, Inc. names OneMain Holdings, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, SLM Corporation reciprocity. DEF 14A. SLM Corporation names OneMain Holdings, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Synchrony Financial reciprocity. DEF 14A. Synchrony Financial's most recent proxy was read; its disclosed peer group does not include OneMain Holdings, Inc.. View filing ↗
  • Section 10a, Toast, Inc. reciprocity. DEF 14A. Toast, Inc.'s most recent proxy was read; its disclosed peer group does not include OneMain Holdings, Inc.. View filing ↗
  • Section 10a, The Western Union Company reciprocity. DEF 14A. The Western Union Company's most recent proxy was read; its disclosed peer group does not include OneMain Holdings, Inc.. View filing ↗
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