Companies IAC Inc.
IAC (PPLI): executive pay, fiscal 2025
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CEO pay, last three years
- $5,040,756FY2023
- $4,975,418FY2024
- $17,601,042FY2025
CEO total pay was $17,601,042 in fiscal 2025, up from $4,975,418 in fiscal 2024.
FY2025: salary $273,077 · bonus $0 · stock awards $0 · option awards $0
Frequently asked questions
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 officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Joseph Levin | $273,077 | $0 | $0 | $0 | $0 | $0 | $17,327,965 | $17,601,042 |
| Former Chief Executive Officer | ||||||||
| Christopher Halpin | 750,000 | 3,500,000 | 7,999,988 | 0 | 0 | 0 | 10,000 | 12,259,988 |
| EVP, Chief Operating Officer and Chief Financial Officer | ||||||||
| Kendall Handler | 500,000 | 2,000,000 | 4,499,959 | 0 | 0 | 0 | 10,000 | 7,009,959 |
| EVP and Chief Legal Officer | ||||||||
| Barry Diller | 500,000 | 2,100,000 | 0 | 0 | 0 | 0 | 778,624 | 3,378,624 |
| Chairman and Senior Executive | ||||||||
| Victor Kaufman | 100,000 | 100,000 | 249,999 | 0 | 0 | 0 | 10,000 | 459,999 |
| Vice Chairman | ||||||||
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 | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Joseph Levin | $17,601,042 | $4,975,418 | $5,040,756 | ↑ +12,625,624 |
| Christopher Halpin | 12,259,988 | 7,609,981 | 11,109,959 | ↑ +4,650,007 |
| Kendall Handler | 7,009,959 | 5,009,986 | 4,609,994 | ↑ +1,999,973 |
| Barry Diller | 3,378,624 | 3,206,638 | 3,404,992 | ↑ +171,986 |
| Victor Kaufman | 459,999 | 210,000 | 210,000 | ↑ +249,999 |
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
IAC's executive compensation program is designed to increase long-term stockholder value by attracting, retaining, and motivating leaders with entrepreneurial backgrounds, emphasizing variable, contingent compensation and long-term equity ownership. The company avoids strict formulas for annual bonuses, relying instead on Committee discretion based on a range of company factors and individual performance, while using equity awards to align executive interests with stockholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia, Inc. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Christopher Halpin | RSU | 2025-02-06 | — | — | 189,125 | — | $7,999,988 |
| Kendall Handler | RSU | 2025-02-06 | — | — | 106,382 | — | 4,499,959 |
| Victor Kaufman | RSU | 2025-02-10 | — | — | 6,043 | — | 249,999 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Christopher Halpin | $7,999,988 | $0 | $0 | 0.0% |
| Kendall Handler | 4,499,959 | 0 | 0 | 0.0% |
| Victor Kaufman | 249,999 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
No outstanding equity awards are on file for this fiscal year.
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Alan G. SpoonIndependent · Audit Committee (Chair) | $90,833 | $249,977 | — | — | $0 | $340,810 |
| David RosenblattIndependent · Compensation and Human Capital Committee (Chair) | 81,771 | 249,977 | — | — | 0 | 331,748 |
| Richard F. ZanninoIndependent · Audit Committee · Compensation and Human Capital Committee | 71,771 | 249,977 | — | — | 0 | 321,748 |
| Bryan LourdIndependent · Audit Committee | 62,708 | 249,977 | — | — | 0 | 312,685 |
| Bonnie S. HammerIndependent · NCG Committee | 62,188 | 249,977 | — | — | 0 | 312,164 |
| Michael D. EisnerIndependent · Executive Committee · NCG Committee | 54,063 | 249,977 | — | — | 0 | 304,039 |
| Maria SeferianIndependent | 50,000 | 249,977 | — | — | 0 | 299,977 |
| Chelsea ClintonIndependent | 50,000 | 249,977 | — | — | 0 | 299,977 |
| Alexander von FurstenbergNot independent | 50,000 | 249,977 | — | — | 0 | 299,977 |
| Tor R. BrahamIndependent · NCG Committee · Newly elected | 31,146 | 249,977 | — | — | 0 | 281,123 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $604,480 |
| Equity awards (grant-date value) | $2,499,770 |
| All other compensation | $0 |
| Total cost of the board | $3,104,250 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names IAC as a peer
Companies that benchmark against PPLI
The list of companies that name PPLI as a peer is temporarily unavailable — recheck shortly.
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 | IAC Inc. | 2025 | Joseph Levin | $273,077 | $0 | $0 | $0 | $17,601,042 |
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 (22 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, Joseph Levin. DEF 14A, filed 2026-06-01. Section “Summary Compensation Table” · page 39. As printed: 17,601,042. View filing ↗
- Section 01, Christopher Halpin. DEF 14A, filed 2026-06-01. Section “Summary Compensation Table” · page 39. As printed: 12,259,988. View filing ↗
- Section 01, Kendall Handler. DEF 14A, filed 2026-06-01. Section “Summary Compensation Table” · page 39. As printed: 7,009,959. View filing ↗
- Section 01, Barry Diller. DEF 14A, filed 2026-06-01. Section “Summary Compensation Table” · page 39. As printed: 3,378,624. View filing ↗
- Section 01, Victor Kaufman. DEF 14A, filed 2026-06-01. Section “Summary Compensation Table” · page 39. As printed: 459,999. View filing ↗
- Section 03, Christopher Halpin RSU. DEF 14A, filed 2026-06-01. Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Kendall Handler RSU. DEF 14A, filed 2026-06-01. Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Victor Kaufman RSU. DEF 14A, filed 2026-06-01. Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. View filing ↗
- Section 08, Alan G. Spoon. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 340,810. View filing ↗
- Section 08, David Rosenblatt. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 331,748. View filing ↗
- Section 08, Richard F. Zannino. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 321,748. View filing ↗
- Section 08, Bryan Lourd. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 312,685. View filing ↗
- Section 08, Bonnie S. Hammer. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 312,164. View filing ↗
- Section 08, Michael D. Eisner. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 304,039. View filing ↗
- Section 08, Maria Seferian. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 299,977. View filing ↗
- Section 08, Chelsea Clinton. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 299,977. View filing ↗
- Section 08, Alexander von Furstenberg. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 299,977. View filing ↗
- Section 08, Tor R. Braham. DEF 14A, filed 2026-06-01. Section “Director Compensation”. As printed: 281,123. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 604,480 + equity 2,499,770 + all other 0 = 3,104,250, summed across the director compensation table rows.
- IAC Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-06-01. CEO total compensation as printed in IAC Inc.'s own proxy. As printed: 17,601,042. View filing ↗