Velarion · Company Intelligence
CompBrief
Fiscal year 2025

Michael Raab — FY2025 total compensation $7,796,171

Michael Raab is President, Chief Executive Officer and Director of Ardelyx, Inc. (ARDX). The company reported total compensation of $7,796,171 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$797,000
Bonus$0
Stock awards$2,953,724
Option awards$3,413,948
Non-equity incentive plan$627,638
Pension and non-qualified deferred compensation$0
All other compensation$3,861
Total$7,796,171

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 Ardelyx, Inc. filed April 29, 2026, accession 0001140361-26-017800.

03

Peer context

Peer-group chief executive median$8,457,151
Difference from that median$-660,980
Percentile within the disclosed peer group42nd
Peers with a disclosed figure19

Medians and percentiles are computed across the peer group Ardelyx, Inc. discloses in its own compensation disclosure.

04

The other named executive officers of Ardelyx, Inc.

Named executive officerRoleFY2025 total
Michael Raab this pagePresident, Chief Executive Officer and Director$7,796,171
Edward ConnerFormer Chief Medical Officer$3,623,910
Justin RenzFormer Chief Financial and Operations Officer$3,551,684
Susan HohenleitnerChief Financial Officer$3,437,372
John BishopChief Technical and Quality Officer$2,512,522
Elizabeth GrammerFormer Chief Legal and Administrative Officer$2,303,617

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

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The company page

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

The Ardelyx, Inc. (ARDX) compensation brief