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CompBrief
Fiscal year 2025

Michael Cordonnier — FY2025 total compensation $2,789,967

Michael Cordonnier is Chairman, Chief Executive Officer, President and Co-Founder of Carlsmed, Inc. (CARL). The company reported total compensation of $2,789,967 for fiscal year 2025.

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Fiscal year 2025 compensation

Salary$480,822
Bonus$0
Stock awards$353,218
Option awards$1,510,370
Non-equity incentive plan$414,709
Pension and non-qualified deferred compensation$0
All other compensation$30,848
Total$2,789,967

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 Carlsmed, Inc. filed April 22, 2026, accession 0001794546-26-000005.

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The other named executive officers of Carlsmed, Inc.

Named executive officerRoleFY2025 total
Michael Cordonnier this pageChairman, Chief Executive Officer, President and Co-Founder$2,789,967
William DurallChief Commercial Officer$1,516,272
Leonard GreensteinChief Financial Officer and Treasurer$1,119,311

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

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The company page

Michael Cordonnier's compensation sits inside Carlsmed, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Carlsmed, Inc. (CARL) compensation brief