Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-09-25

Sonder Holdings (SOND)

Former CEO Francis Davidson was paid $362,469 in fiscal year 2024, ↓ down 76.8% from fiscal year 2023 (SEC filing 0001819395-25-000120 ↗): 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.

$477,865
Dominique Bourgault total, FY2024
Former Chief Financial Officer — highest-paid officer; CEO Francis Davidson: $362,469
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CEO (Francis Davidson) pay percentile vs peers
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CEO-to-median pay ratio
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Sample answer — “What is the CEO’s total compensation?”
- Francis Davidson (Former Chief Executive Officer), FY2024 total compensation $362,469 (base salary $360,000) [exec_comp, SEC accession 0001819395-25-000120, filed 2025-09-25]

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01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Dominique Bourgault$477,865$0$0$0$0$0$0$477,865
Former Chief Financial Officer
Katherine Potter450,86500000717451,582
Former Chief Legal and Administrative Officer
Martin Picard378,708000003,083381,791
Former Chief Real Estate Officer
Francis Davidson360,000000002,469362,469
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.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY2023→2024
Dominique Bourgault$477,865$1,730,978—↓ −1,253,113
Katherine Potter451,582121,154—↑ +330,428
Martin Picard381,791861,4253,622,214↓ −479,634
Francis Davidson362,4691,559,99021,611,715↓ −1,197,521

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

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Companies that benchmark against SOND
No companies currently name SOND as a compensation peer in their most recent disclosure.

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

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2024 total
Francis DavidsonCEO$362,469
Katherine PotterGeneral Counsel$451,582
Martin PicardChief Real Estate Officer$381,791
Dominique BourgaultCFO$477,865
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2024 total
Frits Dirk van PaasschenIndependent Director$48,738
Janice SearsChair of the Board$82,230
Michelle FrymireIndependent Director$73,765
Nabeel HyattFormer director (through FY2024)—
Prashant (Sean) AggarwalFormer director (through FY2024)$51,230
Sanjay BankerDirector$35,000
Simon TurnerIndependent Director$45,131
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 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Francis DavidsonRSU2025-03-01——560,937——
Martin PicardPSU2025-03-01——1,096,227——
Martin PicardRSU2025-03-01——469,811——
Francis DavidsonPSU2025-03-01——2,243,747——
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 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Francis DavidsonOption70,40018.09—
Martin PicardOption52534.8—
Francis DavidsonOption236,43134.8—
Martin PicardOption28,15918—
Martin PicardPSU999,996—3,179,988
Martin PicardOption21734.8—
Francis DavidsonPSU464,999—1,478,697
Martin PicardOption4,3007.4—
Francis DavidsonRSU74,942—238,316
Martin PicardOption21,88634.8—
05

Incentive-plan design — the Compensation Discussion & Analysis

Sonder’s executive compensation program is oriented towards long-term retention and value creation objectives, structured to ensure that a significant portion of executive compensation is tied to performance and the delivery of stockholder value. The program aims to provide market-competitive compensation to attract, retain, and motivate high-performing executives while aligning their interests with those of the Company’s stakeholders through a mix of cash and equity awards.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFerguson Partners Consulting L.P.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Janice SearsEmployee director · Board Chair · Compensation · Audit$82,230$0$0——$82,230
Michelle FrymireIndependent · Audit · Compensation · Nominating/Governance · Investment · Nominating · Special Committee73,76500——73,765
Prashant (Sean) AggarwalIndependent · Compensation · Nominating/Governance · Departed during FY51,23000——51,230
Frits Dirk van PaasschenIndependent · Audit · Investment · Compensation48,73800——48,738
Simon TurnerIndependent · Compensation · Investment45,13100——45,131
Sanjay BankerNot independent35,00000——35,000
Nabeel HyattIndependent · Departed during FY000——0
Jeffrey SteinIndependent · Special Committee · Newly elected——————
Erin WallaceIndependent · Audit · Compensation · Nominating/Governance · Newly elected——————
Paul AronzonIndependent · Newly elected——————
09

Board fee structure and ownership guideline

Annual cash retainer$65,000
Annual equity retainer$125,000
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline$4
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$336,094
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$336,094

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
1Sonder Holdings2024Francis Davidson$360,000$0$0$0$362,469

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.

10d

Frequently asked questions

Who was the highest-paid executive at Sonder Holdings in fiscal 2024?
As disclosed, Dominique Bourgault (Former Chief Financial Officer) was the highest-paid executive at Sonder Holdings in fiscal 2024, with total compensation of $477,865.
How much does Sonder Holdings spend in total on board compensation for fiscal 2024?
As disclosed, Sonder Holdings reported total board compensation of $336,094 for fiscal 2024.

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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Dominique BourgaultDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation”. As printed: 477,865. View filing ↗
2Section 01, Katherine PotterDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation”. As printed: 451,582. View filing ↗
3Section 01, Martin PicardDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation”. As printed: 381,791. View filing ↗
4Section 01, Francis DavidsonDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation”. As printed: 362,469. View filing ↗
5Section 03, Francis Davidson RSUDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
6Section 03, Martin Picard PSUDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
7Section 03, Martin Picard RSUDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
8Section 03, Francis Davidson PSUDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
9Section 08, Janice SearsDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 82,230. View filing ↗
10Section 08, Michelle FrymireDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 73,765. View filing ↗
11Section 08, Prashant (Sean) AggarwalDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 51,230. View filing ↗
12Section 08, Frits Dirk van PaasschenDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 48,738. View filing ↗
13Section 08, Simon TurnerDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 45,131. View filing ↗
14Section 08, Sanjay BankerDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 35,000. View filing ↗
15Section 08, Nabeel HyattDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 0. View filing ↗
16Section 08, Jeffrey SteinDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: —. View filing ↗
17Section 08, Erin WallaceDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: —. View filing ↗
18Section 08, Paul AronzonDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: —. View filing ↗
19Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.
20Section 09b board cost (computed)Computed——Cash 336,094 + equity 0 + all other 0 = 336,094, summed across the director compensation table rows.
21Sonder Holdings (subject), Section 10b CEO totalDEF 14A2025-09-250001819395-25-000120CEO total compensation as printed in Sonder Holdings's own proxy. As printed: 362,469. View filing ↗