Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Simon Khalaf earned $4.37M in total compensation at Marqeta, including $571.46K salary, $690.00K bonus and $3.09M in stock. Currently holds stock worth $3.56M. 2+ years at the helm of Marqeta.

Compensation History

Annual executive compensation data for Simon Khalaf, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$4.37M

Salary

$571.46K

Bonus

$690.00K

Other

$16.70K

Salary

$571.46K

Board Justification

Our executive compensation philosophy and objective is to establish a compensation program that attracts and rewards talented individuals who possess the skills necessary to support our business objectives, expand our business, assist in the achievement of our strategic, operational, and financial goals, and create long-term value for our stockholders.

Bonus

$690.00K

Board Justification

The payouts for our CEO and other NEOs were at or above target, as a result of both individual and company performance as measured by the Senior Executive Cash Incentive Bonus Plan (the “Bonus Plan”).

Other Compensation

$16.70K

Board Justification

Includes 401(k) matches, group term life insurance, and stipends for parking, commute, connectivity, and cell phones.

Restricted Stock

$3.09M556.16K RSU

Board Justification

The aggregate number of shares of Class A common stock underlying RSUs that vested in fiscal year 2023.

Performance Metrics

Year-Over-Year Revenue Growth, Gross Profit, Adjusted EBITDA.

M

Simon Khalaf

CEO of Marqeta

Education

B.E. in Electrical Engineering from American University of Beirut; Master of Science in Electrical Engineering from Syracuse University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1967 - 58 years ago

CEO of Marqeta for

2 years 10 months (Jan 2023 - Present)

Previous Experience

Chief Product Officer at Marqeta, Inc. since July 2022; Interim Chief Revenue Officer since August 2022; Senior Vice President and GM of Twilio Inc.; Senior Vice President and GM of Verizon; leadership roles at Yahoo, Novell, and Worldtalk

Holdings

Track Simon Khalaf's stock holdings and portfolio value over time.

Insider Trading

Simon Khalaf's recent stock transactions, purchases, and sales filed with the SEC.

No insider trades found for this CEO.

Rivals

Compare Simon Khalaf with competitor CEOs and industry peers.