Fred Thiel is Chief Executive Officer and Chairman of the Board of MARA Holdings, Inc. (MARA). The company reported total compensation of $27,053,236 for fiscal year 2025.
| Salary | $978,500 |
|---|---|
| Bonus | $0 |
| Stock awards | $19,518,868 |
| Option awards | $0 |
| Non-equity incentive plan | $2,201,625 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $4,354,243 |
| Total | $27,053,236 |
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 MARA Holdings, Inc. filed April 30, 2026, accession 0001507605-26-000010.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer and Chairman of the Board | $978,500 | $0 | $19,518,868 | $0 | $2,201,625 | $0 | $4,354,243 | $27,053,236 |
| FY2024 | Chief Executive Officer and Chairman of the Board | $950,000 | $0 | $40,094,856 | $0 | $1,998,563 | $0 | $201,390 | $43,244,809 |
Totals as disclosed in each year's own compensation disclosure for MARA Holdings, Inc..
| Peer-group chief executive median | $11,228,561 |
|---|---|
| Difference from that median | $15,824,676 |
| Percentile within the disclosed peer group | 88th |
| Peers with a disclosed figure | 15 |
Medians and percentiles are computed across the peer group MARA Holdings, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Fred Thiel this page | Chief Executive Officer and Chairman of the Board | $27,053,236 |
| Salman Khan | Chief Financial Officer | $18,890,432 |
| Zabi Nowaid | General Counsel and Corporate Secretary | $6,112,668 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full MARA Holdings, Inc. compensation brief.
Fred Thiel's compensation sits inside MARA Holdings, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.