Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses CXDO 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 CXDO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Jeff Korn | $325 | $0 | $322 | $0 | $95 | $0 | $19 | $761 |
| Chief Executive Officer | ||||||||
| Doug Gaylor | 325 | 0 | 268 | 0 | 95 | 0 | 26 | 714 |
| Chief Operating Officer & President | ||||||||
| Ron Vincent | 325 | 0 | 268 | 0 | 95 | 0 | 26 | 714 |
| Chief Financial Officer | ||||||||
| Anand Buch | 275 | 0 | 268 | 0 | 95 | 0 | 11 | 649 |
| Chief Strategy Officer | ||||||||
| Jon Brinton | 280 | 0 | 188 | 0 | 95 | 0 | 13 | 576 |
| Chief Revenue Officer | ||||||||
| David Wang | 275 | 0 | 188 | 0 | 95 | 0 | 13 | 571 |
| Chief Technology Officer | ||||||||
| Steven Mihaylo | 0 | — | 0 | 0 | 0 | — | 0 | 0 |
| 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.
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Jeff Korn | $761 | $509 | — | +252 |
| Doug Gaylor | 714 | 547 | — | +167 |
| Ron Vincent | 714 | 524 | — | +190 |
| Anand Buch | 649 | 441 | — | +208 |
| Jon Brinton | 576 | 424 | — | +152 |
| David Wang | 571 | 441 | — | +130 |
| Steven Mihaylo | 0 | 13 | — | −13 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Korn | Option | 6,950 | 2.72 | — |
| Doug Gaylor | Option | 6,950 | 2.72 | — |
| Ron Vincent | Option | 6,950 | 2.72 | — |
| Jon Brinton | Option | 6,950 | 2.72 | — |
| Anand Buch | Option | 6,950 | 2.72 | — |
| David Wang | Option | 6,950 | 2.72 | — |
The primary objective of the compensation program is to help create long-term value for shareholders by attracting and retaining talented executives, rewarding superior operating and financial performance, and aligning the long-term interests of executives with those of shareholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-12-02 | 23,845,465 | 2,219,983 | 577,812 | 91.48% | Passed |
| 2022 | 2022-06-28 | 13,168,839 | 60,720 | 7,072 | 99.54% | Passed |
| 2019 | 2019-11-05 | 11,479,987 | 15,688 | 28,410 | 99.86% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-12-02 | 91.48%a |
| 2022 | 2022-06-28 | 99.54%b |
| 2019 | 2019-11-05 | 99.86%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
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.
| Ratio (CEO : median employee) | 9 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Steven G. MihayloIndependent | $0 | — | $53,000 | — | $154,000 | $207,000 |
| Kevin JacksonIndependent | 16,000 | — | 53,000 | — | 21,000 | 90,000 |
| Anil PuriIndependent · Audit | 16,000 | — | 53,000 | — | 0 | 69,000 |
| Todd A. GoergenIndependent · Audit · Compensation (Chair) · Nominating | 16,000 | — | 53,000 | — | 0 | 69,000 |
| David WilliamsIndependent · Audit (Chair) | 16,000 | — | 53,000 | — | 0 | 69,000 |
| L. Jasmine KimIndependent | 16,000 | — | 53,000 | — | 0 | 69,000 |
| Jeffrey P. BashIndependent · Compensation · Nominating (Chair) | 16,000 | — | 53,000 | — | 0 | 69,000 |
| Anand BuchEmployee director · Not standing for re-election · Departed during FY | — | — | — | — | — | 0 |
| Jeffrey G. KornEmployee director · Board Chair | — | — | — | — | — | 0 |
| Chris McKeeNewly elected | — | — | — | — | — | — |
| Annual cash retainer | $16 |
|---|---|
| Annual equity retainer | $53 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $96,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $175,000 |
| Total cost of the board | $271,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Crexendo | 2024 | Jeff Korn | $325 | $322 | $0 | $95 | $761 |
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.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Jeff Korn | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Executive Compensation”. As printed: 761. Filing ↗machine: span 269041–269044 |
| 2 | Section 01, Doug Gaylor | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Executive Compensation”. As printed: 714. Filing ↗machine: span 286846–286849 |
| 3 | Section 01, Ron Vincent | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Executive Compensation”. As printed: 714. Filing ↗machine: span 295767–295770 |
| 4 | Section 01, Anand Buch | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Executive Compensation”. As printed: 649. Filing ↗machine: span 313573–313576 |
| 5 | Section 01, Jon Brinton | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Executive Compensation”. As printed: 576. Filing ↗machine: span 304672–304675 |
| 6 | Section 01, David Wang | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Executive Compensation”. As printed: 571. Filing ↗machine: span 322475–322478 |
| 7 | Section 01, Steven Mihaylo | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Executive Compensation”. As printed: 0. Filing ↗ |
| 8 | Section 07, pay ratio | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “CEO Pay Ratio”. As printed: 9 : 1. Filing ↗ |
| 9 | Section 08, Steven G. Mihaylo | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: 207,000. Filing ↗machine: span 166667–166670 |
| 10 | Section 08, Kevin Jackson | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: 90,000. Filing ↗ |
| 11 | Section 08, Anil Puri | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: 69,000. Filing ↗ |
| 12 | Section 08, Todd A. Goergen | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: 69,000. Filing ↗ |
| 13 | Section 08, David Williams | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: 69,000. Filing ↗machine: span 172142–172144 |
| 14 | Section 08, L. Jasmine Kim | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: 69,000. Filing ↗machine: span 177634–177636 |
| 15 | Section 08, Jeffrey P. Bash | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: 69,000. Filing ↗ |
| 16 | Section 08, Anand Buch | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 17 | Section 08, Jeffrey G. Korn | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | Section 08, Chris McKee | DEF 14A | 2025-10-20 | 0001654954-25-011941 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 19 | Section 06, 2025 vote | Form 8-K | 2025-12-05 | 0001654954-25-013688 | Item 5.07 · say-on-pay result. As reported: 91.48% (votes for as printed: 23,845,465). Filing ↗ |
| 20 | Section 06, 2022 vote | Form 8-K | 2022-06-30 | 0001654954-22-008963 | Item 5.07 · say-on-pay result. As reported: 99.54% (votes for as printed: 13,168,839.478). Filing ↗ |
| 21 | Section 06, 2019 vote | Form 8-K | 2019-11-12 | 0001654954-19-012592 | Item 5.07 · say-on-pay result. As reported: 99.86% (votes for as printed: 11,479,987.61). Filing ↗ |
| 22 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 23 | Section 09b board cost (computed) | Computed | — | computed | Cash 96,000 + equity 0 + all other 175,000 = 271,000, summed across the director compensation table rows.machine: formula: Σ = 271,000 |
| 24 | Crexendo (subject), Section 10b CEO total | DEF 14A | 2025-10-20 | 0001654954-25-011941 | CEO total compensation as printed in Crexendo's own proxy. As printed: 761. Filing ↗machine: span 269041–269044 |