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Companies e.l.f. Beauty

e.l.f. Beauty (ELF): executive pay, fiscal 2026

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CEO total pay$8,834,367CEO Tarang Amin · source
Say-on-pay support96%Latest vote · source
CEO vs. named peers71st pct.Of 15 peer CEOs
CEO pay ratio64:1To the median employee · source

CEO pay, last three years

  • $8,834,379FY2025
  • $8,834,367FY2026

CEO total pay was $8,834,367 in fiscal 2026, down from $8,834,379 in fiscal 2025.

FY2026: salary $475,000 · bonus $0 · stock awards $7,399,867 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at e.l.f. Beauty in fiscal 2026?
As disclosed, Tarang Amin (Chairman, Chief Executive Officer, and President) was the highest-paid executive at e.l.f. Beauty in fiscal 2026, with total compensation of $8,834,367.
How does e.l.f. Beauty's chief executive pay compare to its disclosed peer group?
As disclosed, Tarang Amin's total compensation ranked at the 71st percentile of e.l.f. Beauty's disclosed peer group.
What is e.l.f. Beauty's CEO-to-median employee pay ratio?
As disclosed, e.l.f. Beauty's CEO-to-median employee pay ratio was 64:1.
How did shareholders vote on e.l.f. Beauty's executive compensation?
As disclosed, 96% of shareholders supported e.l.f. Beauty's executive compensation in the latest say-on-pay vote.
How much does e.l.f. Beauty spend in total on board compensation for fiscal 2026?
As disclosed, e.l.f. Beauty reported total board compensation of $1,703,651 for fiscal 2026.

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
Tarang Amin$475,000$0$7,399,867$0$950,000$0$9,500$8,834,367
Chairman, Chief Executive Officer, and President
Mandy Fields350,00004,399,9770350,00007,0005,106,977
Senior Vice President and Chief Financial Officer
Josh Franks325,00004,399,9770325,00006,5005,056,477
Senior Vice President, Chief Operations Officer
Kory Marchisotto325,00004,399,9770325,00006,5005,056,477
President, e.l.f. Brands
Scott Milsten325,00004,399,9770325,00006,5005,056,477
Senior Vice President, General Counsel, Chief People Officer, and Corporate Secretary

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 officerFY2026 totalFY2025 totalFY2024 totalΔ FY2025→2026
Tarang Amin$8,834,367$8,834,379—↓ −12
Mandy Fields5,106,9775,106,6944,706,938↑ +283
Josh Franks5,056,4775,056,1944,656,438↑ +283
Kory Marchisotto5,056,4775,056,1944,656,438↑ +283
Scott Milsten5,056,4775,056,1944,656,438↑ +283

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

We design our executive compensation program based on a pay-for-performance philosophy. We believe our executive officers should be rewarded when we achieve our short-term and long-term strategic and financial goals, since these accomplishments are designed to align with stockholder interests.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultantAon (Aon's Human Capital Solutions practice, a division of Aon plc.)
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Scott MilstenRSU7,855—$476,091
Mandy FieldsRSU8,398—509,003
Josh FranksRSU8,398—509,003
Kory MarchisottoRSU8,398—509,003
Mandy FieldsRSU9,386—568,885
Josh FranksRSU9,386—568,885
Kory MarchisottoRSU9,386—568,885
Scott MilstenRSU9,386—568,885
Mandy FieldsRSU10,447—633,193
Josh FranksRSU10,447—633,193
Kory MarchisottoRSU10,447—633,193
Scott MilstenRSU10,447—633,193
Tarang AminRSU13,213—800,840
Tarang AminRSU16,425—995,519
Scott MilstenRSU18,237—1,105,345
Mandy FieldsRSU19,167—1,161,712
Josh FranksRSU19,167—1,161,712
Kory MarchisottoRSU19,167—1,161,712
Tarang AminRSU19,945—1,208,866
Mandy FieldsRSU25,196—1,527,130
Josh FranksRSU25,196—1,527,130
Kory MarchisottoRSU25,196—1,527,130
Scott MilstenRSU25,196—1,527,130
Tarang AminRSU30,672—1,859,030
Mandy FieldsRSU42,237—2,559,985
Josh FranksRSU42,237—2,559,985
Kory MarchisottoRSU42,237—2,559,985
Scott MilstenRSU42,237—2,559,985
Tarang AminRSU42,377—2,568,470
Mandy FieldsRSU43,125—2,613,806
Josh FranksRSU43,125—2,613,806
Kory MarchisottoRSU43,125—2,613,806
Scott MilstenRSU43,125—2,613,806
Tarang AminRSU72,528—4,395,922
Tarang AminRSU73,914—4,479,928
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Lauren Cooks LevitanIndependent · Lead Independent Director · Audit (Chair)$80,220$140,005$0—$0$220,225
Lori KeithIndependent · Audit · Compensation55,480140,0050—0195,485
Kenny MitchellIndependent · Compensation (Chair)55,015140,0050—0195,020
Tiffany DanieleIndependent · Audit52,644140,0050—0192,649
Maureen WatsonIndependent · Nominating/Governance (Chair)51,060140,0050—0191,065
Gayle TaitIndependent · Compensation50,013140,0050—0190,018
Maria FerrerasIndependent · Audit48,132140,0050—0188,137
Chip BerghIndependent · Nominating/Governance45,124140,0050—0185,129
Matt FarrellIndependent · Newly elected5,918140,0050—0145,923
Tarang AminEmployee director · Board Chair000—00

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$140,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000 / 6,000
Stock ownership guidelineEach of our non-employee directors that was serving on the Board as of August 24, 2023 (the “Effective Date”) has five years from the Effective Date to achieve the minimum ownership requirement.

Total cost of the board

ComponentFY2026
Cash retainers and fees$443,606
Equity awards (grant-date value)$1,260,045
All other compensation$0
Total cost of the board$1,703,651

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

Peer group, and who names e.l.f. Beauty as a peer

Companies that benchmark against ELF

13 companies name ELF as a compensation peer

Each company listed discloses ELF 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 ELF 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 2026

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 e.l.f. Beauty 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 e.l.f. Beauty.

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
1The Buckle, Inc.2025Dennis Nelson$1,300,000$5,713,200$0$0$11,706,282
2Coty Inc.2026Markus Strobel478,3586,720,0013,720,000011,088,860
3Edgewell Personal Care Company2025Rod Little1,100,0007,576,100—907,5009,754,366
4Celsius Holdings, Inc.2025John Fieldly1,016,5006,648,39601,899,2409,607,616
5e.l.f. Beauty2026Tarang Amin475,0007,399,8670950,0008,834,367
6Planet Fitness, Inc.2025Colleen Keating1,000,0004,999,94901,723,3998,237,348
7Yeti Holdings, Inc.2025Matthew Reintjes1,057,3085,500,18701,126,0337,697,528
8Shutterstock, Inc.2024Paul Hennessy700,0005,871,6700583,8007,176,468
9Boot Barn Holdings, Inc.2026John Hazen894,2314,100,16001,634,2116,661,922
10BellRing Brands, Inc.2025Darcy Horn Davenport950,0254,400,00001,055,7156,563,539
11Olaplex Holdings, Inc.2025Amanda Baldwin1,000,0005,000,0000515,0006,541,537
12Movado Group, Inc.2026Efraim Grinberg1,300,0011,949,998——5,228,254
13The Simply Good Foods Company2025Geoff Tanner816,6672,747,758—748,0004,330,633
14Cava Group, Inc.2025Brett Schulman861,538999,9061,000,040982,1063,859,478
15Revolve Group, Inc.2025Mike Karanikolas450,000000484,573

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
e.l.f. Beauty200%PSU 50 · RSU 50NoAon (Aon's Human Capital Solutions practice, a division of Aon plc.)
BellRing Brands, Inc.88.9% of target for corporate level NEOs; 92.9% of target for business unit level NEO (Mr. Singh).%PRSUs 80 · RSUs 20Yes — Relative TSRAon
Boot Barn Holdings, Inc.not disclosedPSU 50 · RSU 50not disclosedKorn Ferry
Cava Group, Inc.not disclosedRSU 50 · PSU 50not disclosedPearl Meyer & Partners, LLC
Celsius Holdings, Inc.not disclosedPSU 50 · RSU 50not disclosedFarient Advisors
Coty Inc.not disclosednot disclosednot disclosedWillis Towers Watson
Edgewell Personal Care Company66%not disclosedNoMeridian
Movado Group, Inc.not disclosedRSU 100not disclosedMeridian Compensation Partners, LLC
Olaplex Holdings, Inc.103%RSU 100not disclosedAon
Planet Fitness, Inc.114.9%PSU 50 · RSU 50NoMeridian Compensation Partners, LLC
Revolve Group, Inc.175%Options 100not disclosednot disclosed
Shutterstock, Inc.83.4%not disclosedNoPearl Meyer
The Buckle, Inc.not disclosednot disclosednot disclosednot disclosed
The Simply Good Foods Companynot disclosednot disclosednot disclosedMercer
Yeti Holdings, Inc.71.0%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
20262026-08-2031,888,3461,330,28187,57896%Passed
20252025-08-2138,623,2992,205,696126,61894.6%Passed
20242024-08-2240,676,5562,507,31475,27794.19%Passed
20232023-08-2440,738,1713,050,12591,62093.03%Passed
20222022-08-2534,589,025943,803170,78297.34%Passed
20212021-08-2641,674,9152,283,210391,15994.81%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
20262026-08-2096%a
20252025-08-2194.6%b
20242024-08-2294.19%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not considered votes cast for this proposal and will have no effect on the vote for this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not considered votes cast for this proposal and will have no effect on the vote for this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not considered votes cast for this proposal and will have no effect on the vote for 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)64 : 1
CEO total compensation—
Median employee compensation$138,652
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (47 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, Tarang Amin. DEF 14A, filed 2026-07-08. Section “Summary Compensation Table” · page 70. As printed: 8,834,367. View filing ↗
  • Section 01, Mandy Fields. DEF 14A, filed 2026-07-08. Section “Summary Compensation Table” · page 70. As printed: 5,106,977. View filing ↗
  • Section 01, Josh Franks. DEF 14A, filed 2026-07-08. Section “Summary Compensation Table” · page 70. As printed: 5,056,477. View filing ↗
  • Section 01, Kory Marchisotto. DEF 14A, filed 2026-07-08. Section “Summary Compensation Table” · page 70. As printed: 5,056,477. View filing ↗
  • Section 01, Scott Milsten. DEF 14A, filed 2026-07-08. Section “Summary Compensation Table” · page 70. As printed: 5,056,477. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2025-07-09. Section “CEO Pay Ratio”. As printed: 64 : 1. View filing ↗
  • Section 08, Lauren Cooks Levitan. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 220,225. View filing ↗
  • Section 08, Lori Keith. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 195,485. View filing ↗
  • Section 08, Kenny Mitchell. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 195,020. View filing ↗
  • Section 08, Tiffany Daniele. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 192,649. View filing ↗
  • Section 08, Maureen Watson. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 191,065. View filing ↗
  • Section 08, Gayle Tait. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 190,018. View filing ↗
  • Section 08, Maria Ferreras. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 188,137. View filing ↗
  • Section 08, Chip Bergh. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 185,129. View filing ↗
  • Section 08, Matt Farrell. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 145,923. View filing ↗
  • Section 08, Tarang Amin. DEF 14A, filed 2026-07-08. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-08-24. Item 5.07 · say-on-pay result. As reported: 96% (votes for as printed: 31,888,346). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-08-26. Item 5.07 · say-on-pay result. As reported: 94.6% (votes for as printed: 38,623,299). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-08-27. Item 5.07 · say-on-pay result. As reported: 94.19% (votes for as printed: 40,676,556). 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 443,606 + equity 1,260,045 + all other 0 = 1,703,651, summed across the director compensation table rows.
  • The Buckle, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in The Buckle, Inc.'s own proxy. As printed: 11,706,282. View filing ↗
  • Coty Inc., Section 10b CEO total. DEFR 14A, filed 2026-09-25. CEO total compensation as printed in Coty Inc.'s own proxy. As printed: 11,088,860. View filing ↗
  • Edgewell Personal Care Company, Section 10b CEO total. DEF 14A, filed 2025-12-22. CEO total compensation as printed in Edgewell Personal Care Company's own proxy. As printed: 9,754,366. View filing ↗
  • Celsius Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-14. CEO total compensation as printed in Celsius Holdings, Inc.'s own proxy. As printed: 9,607,616. View filing ↗
  • e.l.f. Beauty (subject), Section 10b CEO total. DEF 14A, filed 2026-07-08. CEO total compensation as printed in e.l.f. Beauty's own proxy. As printed: 8,834,367. View filing ↗
  • Planet Fitness, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Planet Fitness, Inc.'s own proxy. As printed: 8,237,348. View filing ↗
  • Yeti Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Yeti Holdings, Inc.'s own proxy. As printed: 7,697,528. View filing ↗
  • Shutterstock, Inc., Section 10b CEO total. DEFR 14A, filed 2025-11-20. CEO total compensation as printed in Shutterstock, Inc.'s own proxy. As printed: 7,176,468. View filing ↗
  • Boot Barn Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-16. CEO total compensation as printed in Boot Barn Holdings, Inc.'s own proxy. As printed: 6,661,922. View filing ↗
  • BellRing Brands, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-16. CEO total compensation as printed in BellRing Brands, Inc.'s own proxy. As printed: 6,563,539. View filing ↗
  • Olaplex Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-29. CEO total compensation as printed in Olaplex Holdings, Inc.'s own proxy. As printed: 6,541,537. View filing ↗
  • Movado Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-06. CEO total compensation as printed in Movado Group, Inc.'s own proxy. As printed: 5,228,254. View filing ↗
  • The Simply Good Foods Company, Section 10b CEO total. DEF 14A, filed 2025-12-17. CEO total compensation as printed in The Simply Good Foods Company's own proxy. As printed: 4,330,633. View filing ↗
  • Cava Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Cava Group, Inc.'s own proxy. As printed: 3,859,478. View filing ↗
  • Revolve Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Revolve Group, Inc.'s own proxy. As printed: 484,573. View filing ↗
  • Section 10a, Boot Barn Holdings, Inc. reciprocity. DEF 14A. Boot Barn Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include e.l.f. Beauty. View filing ↗
  • Section 10a, CAVA Group, Inc. reciprocity. DEF 14A. CAVA Group, Inc. names e.l.f. Beauty in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Celsius Holdings, Inc. reciprocity. DEF 14A. Celsius Holdings, Inc. names e.l.f. Beauty in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Edgewell Personal Care Company reciprocity. DEF 14A. Edgewell Personal Care Company names e.l.f. Beauty in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Planet Fitness, Inc. reciprocity. DEF 14A. Planet Fitness, Inc.'s most recent proxy was read; its disclosed peer group does not include e.l.f. Beauty. View filing ↗
  • Section 10a, Revolve Group, Inc. reciprocity. DEF 14A. Revolve Group, Inc. names e.l.f. Beauty in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Shutterstock, Inc. reciprocity. DEF 14A. Shutterstock, Inc.'s most recent proxy was read; its disclosed peer group does not include e.l.f. Beauty. View filing ↗
  • Section 10a, The Simply Good Foods Company reciprocity. DEF 14A. The Simply Good Foods Company's most recent proxy was read; its disclosed peer group does not include e.l.f. Beauty. View filing ↗
  • Section 10a, BellRing Brands, Inc. reciprocity. DEF 14A. BellRing Brands, Inc.'s most recent proxy was read; its disclosed peer group does not include e.l.f. Beauty. View filing ↗
  • Section 10a, Coty Inc. reciprocity. DEF 14A. Coty Inc.'s most recent proxy was read; its disclosed peer group does not include e.l.f. Beauty. View filing ↗
  • Section 10a, YETI Holdings, Inc. reciprocity. DEF 14A. YETI Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include e.l.f. Beauty. View filing ↗
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