Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2025-10-23

InnovAge Holding (INNV)

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.

$1,547,000
Patrick Blair total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against INNV
3 companies name INNV as a compensation peer

Each company listed discloses INNV 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 INNV in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Patrick Blair$770,000$0$0$0$770,000$0$7,000$1,547,000
Chief Executive Officer
Michael Scarbrough317,575125,8190786,500238,18105,5961,473,671
President and Chief Operating Officer
Nicole D’Amato457,00027,80000274,20007,120766,120
Chief Legal 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Patrick Blair$1,547,000$4,940,894−3,393,894
Michael Scarbrough1,473,671
Nicole D’Amato766,1201,609,534−843,414

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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Nicole D’AmatoRSU64,936$239,614
Nicole D’AmatoRSU30,865113,892
Nicole D’AmatoRSU31,25093,750
Michael ScarbroughRSU325,0001,199,251
Patrick BlairPSU258,767954,850
Patrick BlairRSU137,500412,500
Patrick BlairRSU82,645304,960
Patrick BlairRSU35,088129,475
Patrick BlairRSU23,10485,254
Nicole D’AmatoRSU17,38464,147
Patrick BlairOption485,1857.89
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's executive compensation programs consist of a base salary, annual cash bonus opportunities, long-term incentive compensation in the form of equity awards and other benefits. The annual bonus incentive plan rewards employees for achieving pre-established business and financial objectives that are key indications of the Company's operational performance and drive stockholder value creation.

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

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
James G. CarlsonIndependent · Board Chair · Compensation and Nominating Committee$200,000$184,000$384,000
Teresa SparksIndependent · Audit Committee (Chair)120,000100,000220,000
Ted Kennedy JrIndependent · Compensation · Compensation and Nominating Committee100,000100,000200,000
Marilyn TavennerIndependent · Audit Committee · Quality and Compliance Committee100,000100,000200,000
Richard ZoreticIndependent · Audit Committee100,000100,000200,000
John Ellis BushIndependent · Compensation and Nominating Committee100,000100,000200,000
Andrew CavannaNot independent · Compensation and Nominating Committee (Chair) · Quality and Compliance Committee000
Thomas ScullyNot independent · Compensation and Nominating Committee · Quality and Compliance Committee000
Patricia FontneauIndependent · Quality and Compliance Committee (Chair)
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$100,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000 / 20,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$720,000
Equity awards (grant-date value)$684,000
All other compensation$0
Total cost of the board$1,404,000

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
1InnovAge Holding2025Patrick Blair$770,000$0$0$770,000$1,547,000

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, Patrick BlairDEF 14A2025-10-230001140361-25-039092Section “Executive Compensation”. As printed: 1,547,000. Filing ↗machine: r2 · c24 · span 299463–299472
2Section 01, Michael ScarbroughDEF 14A2025-10-230001140361-25-039092Section “Executive Compensation”. As printed: 1,473,671. Filing ↗machine: r4 · c24 · span 308200–308209
3Section 01, Nicole D’AmatoDEF 14A2025-10-230001140361-25-039092Section “Executive Compensation”. As printed: 766,120. Filing ↗machine: r5 · c24 · span 313527–313534
4Section 08, James G. CarlsonDEF 14A2025-10-230001140361-25-039092Section “Director Compensation”. As printed: 384,000. Filing ↗machine: span 473705–473888
5Section 08, Teresa SparksDEF 14A2025-10-230001140361-25-039092Section “Director Compensation”. As printed: 220,000. Filing ↗machine: span 479464–479647
6Section 08, Ted Kennedy JrDEF 14A2025-10-230001140361-25-039092Section “Director Compensation”. As printed: 200,000. Filing ↗machine: span 477451–477634
7Section 08, Marilyn TavennerDEF 14A2025-10-230001140361-25-039092Section “Director Compensation”. As printed: 200,000. Filing ↗machine: span 481210–481393
8Section 08, Richard ZoreticDEF 14A2025-10-230001140361-25-039092Section “Director Compensation”. As printed: 200,000. Filing ↗machine: span 483225–483408
9Section 08, John Ellis BushDEF 14A2025-10-230001140361-25-039092Section “Director Compensation”. As printed: 200,000. Filing ↗machine: span 471948–472131
10Section 08, Andrew CavannaDEF 14A2025-10-230001140361-25-039092Section “Director Compensation”. As printed: 0. Filing ↗
11Section 08, Thomas ScullyDEF 14A2025-10-230001140361-25-039092Section “Director Compensation”. As printed: 0. Filing ↗
12Section 08, Patricia FontneauDEF 14A2025-10-230001140361-25-039092Section “Director Compensation”. As printed: —. Filing ↗
13Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
14Section 09b board cost (computed)ComputedcomputedCash 720,000 + equity 684,000 + all other 0 = 1,404,000, summed across the director compensation table rows.machine: formula: Σ = 1,404,000
15InnovAge Holding (subject), Section 10b CEO totalDEF 14A2025-10-230001140361-25-039092CEO total compensation as printed in InnovAge Holding's own proxy. As printed: 1,547,000. Filing ↗machine: r2 · c24 · span 299463–299472