Mark Adams is President and Chief Executive Officer of Penguin Solutions, Inc. (PENG). The company reported total compensation of $11,711,497 for fiscal year 2025.
| Salary | $890,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $9,681,046 |
| Option awards | $0 |
| Non-equity incentive plan | $1,099,777 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $40,674 |
| Total | $11,711,497 |
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 Penguin Solutions, Inc. filed December 19, 2025, accession 0001616533-25-000073.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $890,000 | $0 | $9,681,046 | $0 | $1,099,777 | $0 | $40,674 | $11,711,497 |
| FY2024 | President and Chief Executive Officer | $750,000 | $0 | $5,131,454 | $0 | $93,750 | $0 | $23,212 | $5,998,416 |
| FY2023 | President and Chief Executive Officer | $750,000 | $0 | $2,284,931 | $0 | $150,000 | $0 | $29,411 | $3,214,342 |
| FY2022 | President and Chief Executive Officer | $750,000 | $0 | $4,995,747 | $0 | $897,449 | $0 | $21,674 | $6,664,870 |
| FY2021 | President and Chief Executive Officer | $375,000 | $9,426,563 | $3,324,775 | $924,424 | $9,567 | — | $14,810,329 | $28,865,691 |
| FY2020 | President and Chief Executive Officer | $233,333 | $500,000 | $5,999,986 | — | — | — | $3,867 | $6,737,186 |
Totals as disclosed in each year's own compensation disclosure for Penguin Solutions, Inc..
| Peer-group chief executive median | $7,902,246 |
|---|---|
| Difference from that median | $3,809,251 |
| Percentile within the disclosed peer group | 89th |
| Peers with a disclosed figure | 17 |
Medians and percentiles are computed across the peer group Penguin Solutions, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Mark Adams this page | President and Chief Executive Officer | $11,711,497 |
| Tony Frey | Senior Vice President and Chief Revenue Officer | $3,333,006 |
| Pete Manca | Former Senior Vice President, Penguin Solutions and President, Advanced Computing | $2,693,706 |
| Anne Kuykendall | Senior Vice President and Chief Legal Officer | $2,418,149 |
| Nate Olmstead | Senior Vice President and Chief Financial Officer | $2,303,806 |
| Joseph Clark | Senior Vice President, Penguin Solutions and President, Optimized LED | $1,825,108 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Penguin Solutions, Inc. compensation brief.
Mark Adams's compensation sits inside Penguin Solutions, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.