Companies Sonder Holdings Inc.
Sonder (SOND): executive pay, fiscal 2024
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CEO pay, last three years
- $21,611,715FY2022
- $1,559,990FY2023
- $362,469FY2024
CEO total pay was $362,469 in fiscal 2024, down from $1,559,990 in fiscal 2023.
FY2024: salary $360,000 · bonus $0 · stock awards $0 · option awards $0
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Executives and directors
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Dominique Bourgault | $477,865 | $0 | $0 | $0 | $0 | $0 | $0 | $477,865 |
| Former Chief Financial Officer | ||||||||
| Katherine Potter | 450,865 | 0 | 0 | 0 | 0 | 0 | 717 | 451,582 |
| Former Chief Legal and Administrative Officer | ||||||||
| Martin Picard | 378,708 | 0 | 0 | 0 | 0 | 0 | 3,083 | 381,791 |
| Former Chief Real Estate Officer | ||||||||
| Francis Davidson | 360,000 | 0 | 0 | 0 | 0 | 0 | 2,469 | 362,469 |
| Former 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 officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Dominique Bourgault | $477,865 | $1,730,978 | — | ↓ −1,253,113 |
| Katherine Potter | 451,582 | 121,154 | — | ↑ +330,428 |
| Martin Picard | 381,791 | 861,425 | 3,622,214 | ↓ −479,634 |
| Francis Davidson | 362,469 | 1,559,990 | 21,611,715 | ↓ −1,197,521 |
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
Sonder’s executive compensation program is oriented towards long-term retention and value creation objectives, structured to ensure that a significant portion of executive compensation is tied to performance and the delivery of stockholder value. The program aims to provide market-competitive compensation to attract, retain, and motivate high-performing executives while aligning their interests with those of the Company’s stakeholders through a mix of cash and equity awards.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Ferguson Partners Consulting L.P. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2024
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Francis Davidson | RSU | 2025-03-01 | — | — | 560,937 | — | — |
| Martin Picard | PSU | 2025-03-01 | — | — | 1,096,227 | — | — |
| Martin Picard | RSU | 2025-03-01 | — | — | 469,811 | — | — |
| Francis Davidson | PSU | 2025-03-01 | — | — | 2,243,747 | — | — |
Vehicle mix — grant-date fair value by award type
Grant-level vehicle detail not disclosed.
% 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Martin Picard | Option | 217 | 34.8 | — |
| Martin Picard | Option | 525 | 34.8 | — |
| Martin Picard | Option | 4,300 | 7.4 | — |
| Martin Picard | Option | 21,886 | 34.8 | — |
| Martin Picard | Option | 28,159 | 18 | — |
| Francis Davidson | Option | 70,400 | 18.09 | — |
| Francis Davidson | RSU | 74,942 | — | 238,316 |
| Francis Davidson | Option | 236,431 | 34.8 | — |
| Francis Davidson | PSU | 464,999 | — | 1,478,697 |
| Martin Picard | PSU | 999,996 | — | 3,179,988 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Janice SearsEmployee director · Board Chair · Compensation · Audit | $82,230 | $0 | $0 | — | — | $82,230 |
| Michelle FrymireIndependent · Audit · Compensation · Nominating/Governance · Investment · Nominating · Special Committee | 73,765 | 0 | 0 | — | — | 73,765 |
| Prashant (Sean) AggarwalIndependent · Compensation · Nominating/Governance · Departed during FY | 51,230 | 0 | 0 | — | — | 51,230 |
| Frits Dirk van PaasschenIndependent · Audit · Investment · Compensation | 48,738 | 0 | 0 | — | — | 48,738 |
| Simon TurnerIndependent · Compensation · Investment | 45,131 | 0 | 0 | — | — | 45,131 |
| Sanjay BankerNot independent | 35,000 | 0 | 0 | — | — | 35,000 |
| Nabeel HyattIndependent · Departed during FY | 0 | 0 | 0 | — | — | 0 |
| Jeffrey SteinIndependent · Special Committee · Newly elected | — | — | — | — | — | — |
| Erin WallaceIndependent · Audit · Compensation · Nominating/Governance · Newly elected | — | — | — | — | — | — |
| Paul AronzonIndependent · Newly elected | — | — | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $65,000 |
|---|---|
| Annual equity retainer | $125,000 |
| Per board meeting fee | $1,500 |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 15,000 |
| Stock ownership guideline | $4 |
Total cost of the board
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $336,094 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $336,094 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Sonder as a peer
Companies that benchmark against SOND
No companies currently name SOND as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Sonder Holdings Inc. | 2024 | Francis Davidson | $360,000 | $0 | $0 | $0 | $362,469 |
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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (21 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, Dominique Bourgault. DEF 14A, filed 2025-09-25. Section “Executive Compensation”. As printed: 477,865. View filing ↗
- Section 01, Katherine Potter. DEF 14A, filed 2025-09-25. Section “Executive Compensation”. As printed: 451,582. View filing ↗
- Section 01, Martin Picard. DEF 14A, filed 2025-09-25. Section “Executive Compensation”. As printed: 381,791. View filing ↗
- Section 01, Francis Davidson. DEF 14A, filed 2025-09-25. Section “Executive Compensation”. As printed: 362,469. View filing ↗
- Section 03, Francis Davidson RSU. DEF 14A, filed 2025-09-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Martin Picard PSU. DEF 14A, filed 2025-09-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Martin Picard RSU. DEF 14A, filed 2025-09-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Francis Davidson PSU. DEF 14A, filed 2025-09-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, Janice Sears. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: 82,230. View filing ↗
- Section 08, Michelle Frymire. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: 73,765. View filing ↗
- Section 08, Prashant (Sean) Aggarwal. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: 51,230. View filing ↗
- Section 08, Frits Dirk van Paasschen. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: 48,738. View filing ↗
- Section 08, Simon Turner. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: 45,131. View filing ↗
- Section 08, Sanjay Banker. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: 35,000. View filing ↗
- Section 08, Nabeel Hyatt. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Jeffrey Stein. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Erin Wallace. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Paul Aronzon. DEF 14A, filed 2025-09-25. Section “Director Compensation”. As printed: —. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 336,094 + equity 0 + all other 0 = 336,094, summed across the director compensation table rows.
- Sonder Holdings Inc. (subject), Section 10b CEO total. DEF 14A, filed 2025-09-25. CEO total compensation as printed in Sonder Holdings Inc.'s own proxy. As printed: 362,469. View filing ↗