Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2025-10-28

Ibex Ltd (IBEX)

Fiscal year 2025 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.

$2,663,006
Robert Dechant total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against IBEX
No companies currently name IBEX as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Robert Dechant$637,500$100$997,845$0$1,011,978$0$15,583$2,663,006
Chief Executive Officer
Taylor Greenwald450,0000288,2650452,161026,7231,217,149
Chief Financial Officer
David Afdahl400,0000221,7640459,338026,5001,107,602
Chief Operating Officer
Bruce Dawson350,000100221,7640401,920017,769991,553
Chief Sales and Client Services Officer
Julie Casteel350,000100221,7640401,92100973,785
Chief Marketing & Strategic Accts. 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 FY20242025
Robert Dechant$2,663,006
Taylor Greenwald1,217,149
David Afdahl1,107,602
Bruce Dawson991,553
Julie Casteel973,785

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
David AfdahlRSU2024-11-084,842
Robert DechantRSU2024-11-0821,787
Julie CasteelRSU2024-11-084,842
Bruce DawsonRSU2024-11-084,842
Taylor GreenwaldRSU2024-11-086,294
03b

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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
David AfdahlPSU109,708$3,192,503
Julie CasteelPSU97,1262,826,367
Robert DechantPSU124,5823,625,336
Bruce DawsonPSU82,5192,401,303
Robert DechantPSU43,5741,268,003
Taylor GreenwaldPSU22,500654,750
Robert DechantPSU21,787634,002
Taylor GreenwaldPSU20,000582,000
Taylor GreenwaldPSU12,588366,311
David AfdahlPSU9,684281,804
Julie CasteelPSU9,684281,804
Bruce DawsonPSU9,684281,804
Taylor GreenwaldPSU6,294183,155
David AfdahlPSU4,842140,902
Julie CasteelPSU4,842140,902
Bruce DawsonPSU4,842140,902
Robert DechantOption20,00019.85
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company believes that compensation elements are necessary to help attract and retain executive talent which is fundamental to its success.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantExequity LLP
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Patrick McGinnisIndependent · Audit · Newly elected$51,411$136,500$0$187,911
Mingzhe (JJ) ZhuangIndependent · Compensation · Newly elected42,742136,5000179,242
Karen BatungbacalIndependent · Compensation (Chair) · Newly elected33,266136,5000169,766
Daniella Ballou-AaresIndependent · Audit75,0000075,000
John JonesIndependent · Corporate Governance75,0000075,000
Mohammed KhaishgiIndependent · Corporate Governance (Chair)75,0000075,000
Fiona BeckIndependent · Audit (Chair)75,0000075,000
Shuja KeenIndependent37,5000037,500
Gerald KleisterleeIndependent32,2580032,258
John LeoneIndependent · Audit · Departed during FY23,5890023,589
Robert DechantEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$520,766
Equity awards (grant-date value)$409,500
All other compensation$0
Total cost of the board$930,266

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

10b

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
1Ibex Ltd2025Robert Dechant$637,500$997,845$0$1,011,978$2,663,006

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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Robert DechantDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation”. As printed: 2,663,006. Filing ↗machine: r2 · c21 · span 343709–343718
2Section 01, Taylor GreenwaldDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation”. As printed: 1,217,149. Filing ↗machine: r16 · c21 · span 366993–367002
3Section 01, David AfdahlDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation”. As printed: 1,107,602. Filing ↗machine: r5 · c21 · span 349482–349491
4Section 01, Bruce DawsonDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation”. As printed: 991,553. Filing ↗machine: r12 · c21 · span 361340–361347
5Section 01, Julie CasteelDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation”. As printed: 973,785. Filing ↗machine: r8 · c21 · span 355221–355228
6Section 03, David Afdahl RSUDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 380997–381002
7Section 03, Robert Dechant RSUDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 380971–380977
8Section 03, Julie Casteel RSUDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 381022–381027
9Section 03, Bruce Dawson RSUDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 381046–381051
10Section 03, Taylor Greenwald RSUDEF 14A2025-10-280001720420-25-000032Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 381077–381082
11Section 08, Patrick McGinnisDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 187,911. Filing ↗machine: span 200800–200807
12Section 08, Mingzhe (JJ) ZhuangDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 179,242. Filing ↗machine: span 202049–202056
13Section 08, Karen BatungbacalDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 169,766. Filing ↗machine: span 190889–190896
14Section 08, Daniella Ballou-AaresDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 75,000. Filing ↗
15Section 08, John JonesDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 75,000. Filing ↗
16Section 08, Mohammed KhaishgiDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 75,000. Filing ↗
17Section 08, Fiona BeckDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 75,000. Filing ↗
18Section 08, Shuja KeenDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 37,500. Filing ↗machine: span 196425–196431
19Section 08, Gerald KleisterleeDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 32,258. Filing ↗machine: span 198943–198949
20Section 08, John LeoneDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 23,589. Filing ↗machine: span 195095–195101
21Section 08, Robert DechantDEF 14A2025-10-280001720420-25-000032Section “Director Compensation”. As printed: 0. Filing ↗
22Section 09b board cost (computed)ComputedcomputedCash 520,766 + equity 409,500 + all other 0 = 930,266, summed across the director compensation table rows.machine: formula: Σ = 930,266
23Ibex Ltd (subject), Section 10b CEO totalDEF 14A2025-10-280001720420-25-000032CEO total compensation as printed in Ibex Ltd's own proxy. As printed: 2,663,006. Filing ↗machine: r2 · c21 · span 343709–343718