Thomas Michaud compensation by year
STIFEL FINANCIAL Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $300,000 | $300,000 | $300,000 |
| Bonus | $1,613,333 | $3,369,928 | $2,942,500 | $3,387,750 | $3,345,000 | $5,000,000 | $2,750,000 | $1,350,000 | $2,035,000 | $6,090,000 |
| Stock awards | $2,650,000 | $586,667 | $1,500,000 | $957,500 | $871,250 | $850,000 | $1,750,000 | $2,200,000 | $1,350,000 | $2,665,000 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $9,850 | $16,438 | $17,425 | $89,788 | $93,847 | $108,715 | $176,806 | $207,321 | $199,174 | $198,526 |
| Total | $4,523,183 | $4,223,033 | $4,709,925 | $4,685,038 | $4,560,097 | $6,208,715 | $4,926,806 | $4,057,321 | $3,884,174 | $9,253,526 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: STIFEL FINANCIAL Corp. DEF 14A filed April 29, 2026, accession 0001193125-26-191643, and prior-year filings.
How this page was built: the STIFEL FINANCIAL Corp. filed document, accession 0001193125-26-191643. Every figure is read from that document and cited to the page and table it appears in. Filed April 29, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 24,756 | $2,066,647 | — |
| RSU | 23,865 | $1,992,223 | — |
| RSU | 17,500 | $1,460,900 | — |
| RSU | 13,500 | $1,126,980 | — |
| RSU | 12,687 | $1,059,084 | — |
| RSU | 9,902 | $826,659 | — |
| RSU | 8,100 | $676,188 | — |
| RSU | 3,998 | $333,735 | — |
| RSU | 3,500 | $292,180 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in STIFEL FINANCIAL Corp.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
STIFEL FINANCIAL’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Ronald Kruszewski | Chairman and Chief Executive Officer | $18,908,297 |
| James Zemlyak | President and Head of Global Wealth Management | $10,923,537 |
| Victor Nesi | Co-President and Head of Institutional Group (retired July 2025) | $9,612,821 |
| Thomas Michaud · this page | Senior Vice President | $9,253,526 |
| C. Brad Raymond | Co-Head of Institutional Group | $6,068,230 |
| James Marischen | Chief Financial Officer | $4,628,162 |
Thomas Michaud's compensation dossier, STIFEL FINANCIAL
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are STIFEL FINANCIAL's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.