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CompBrief
Fiscal year 2025

Elizabeth McDonald — FY2025 total compensation $4,475,172

Elizabeth McDonald is President, Chief Executive Officer and Director of SM Energy Co (SM). The company reported total compensation of $4,475,172 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$576,369
Bonus$875,000
Stock awards$2,299,995
Option awards$0
Non-equity incentive plan$536,024
Pension and non-qualified deferred compensation$0
All other compensation$187,784
Total$4,475,172

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure SM Energy Co filed April 8, 2026, accession 0000893538-26-000048.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025President, Chief Executive Officer and Director$576,369$875,000$2,299,995$0$536,024$0$187,784$4,475,172
FY2024President, Chief Executive Officer and Director$161,539$875,000$2,300,009$0$211,615$0$11,631$3,559,794

Totals as disclosed in each year's own compensation disclosure for SM Energy Co.

03

Peer context

Peer-group chief executive median$8,385,769
Difference from that median$-3,910,597
Percentile within the disclosed peer group1st
Peers with a disclosed figure7

Medians and percentiles are computed across the peer group SM Energy Co discloses in its own compensation disclosure.

04

The other named executive officers of SM Energy Co

Named executive officerRoleFY2025 total
Herbert VogelFormer President, Chief Executive Officer and Director$7,878,612
Elizabeth McDonald this pagePresident, Chief Executive Officer and Director$4,475,172
A. Wade PursellExecutive Vice President and Chief Financial Officer$3,860,019
James LebeckExecutive Vice President - Chief Corporate Development Officer, General Counsel and Corporate Secretary$2,554,852
Kenneth KnottAdvisor, Former Senior Vice President - Business Development and Land$1,742,002

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full SM Energy Co compensation brief.

05

The company page

Elizabeth McDonald's compensation sits inside SM Energy Co's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The SM Energy Co (SM) compensation brief