AvidXchange Holdings Executive Compensation (FY24)
AVDX · Executive and director compensation, fiscal 2022 to 2024
The paid brief on AvidXchange Holdings
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 12, 2026Latest filing (8-K): June 30, 2025
4 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
220 figures on this page: 217 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
More on AvidXchange Holdings
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Praeger: $7,286,265 → $7,701,587 (5.7% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is AvidXchange Holdings' chief executive and what were they paid?
Michael Praeger, Chief Executive Officer and Chairman of the Board, received $7,701,587 in total compensation for fiscal 2024. Compared with the $7,286,265 reported for fiscal 2023, Praeger's total was 5.7% higher.
What was AvidXchange Holdings' say-on-pay result?
For fiscal 2024, shareholders backed the say-on-pay proposal with 94.2% of votes cast for or against in favor at the meeting held June 26, 2025.
Which companies are in AvidXchange Holdings' peer group?
The disclosed peer group names Alkami Technology, Appfolio, Appian, BigCommerce Holdings and BILL Holdings, among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Praeger Chief Executive Officer and Chairman of the Board | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Joel Wilhite Chief Financial Officer, Senior Vice President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Daniel Drees President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Angelic Gibson Chief Information Officer, Senior Vice President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Ryan Stahl General Counsel and Secretary, Senior Vice President | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Praeger Chief Executive Officer and Chairman of the Board | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Daniel Drees President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Joel Wilhite Chief Financial Officer, Senior Vice President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Angelic Gibson Chief Information Officer, Senior Vice President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Ryan Stahl General Counsel and Secretary, Senior Vice President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Praeger Chief Executive Officer and Chairman of the Board | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Daniel Drees President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Joel Wilhite Chief Financial Officer, Senior Vice President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Angelic Gibson Chief Information Officer, Senior Vice President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ryan Stahl General Counsel and Secretary, Senior Vice President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Daniel Drees | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael Praeger | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Michael Praeger | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ryan Stahl | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Joel Wilhite | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Daniel Drees | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Michael Praeger | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Ryan Stahl | Option | ◇ | — | ◇ | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Angelic Gibson | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Arthur J. Rubado | ◇ | ◇ | — | — | — | — | ◇ |
Oni Chukwu | ◇ | ◇ | — | — | — | — | ◇ |
Asif Ramji Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Teresa Mackintosh | ◇ | ◇ | — | — | — | ◇ | ◇ |
James Hausman | ◇ | ◇ | — | — | — | — | ◇ |
J. Michael McGuire | ◇ | ◇ | — | — | — | — | ◇ |
Sonali Sambhus | ◇ | ◇ | — | — | — | — | ◇ |
Lance Drummond | ◇ | ◇ | — | — | — | — | ◇ |
Michael Praeger served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Alkami Technology ALKT
- Appfolio APPF
- Appian APPN
- BigCommerce Holdings symbol not shown
- BILL Holdings BILL
- BlackLine BL
- Everbridge EVBG
- EverCommerce EVCM
- Fastly FSLY
- Flywire FLYW
- Marqeta MQ
- MeridianLink MLNK
- nCino NCNO
- Olo OLO
- Open Lending LPRO
- Paymentus Holdings PAY
- Payoneer Global PAYO
- Phreesia PHR
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | June 26, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 20, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 22, 2023 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact AvidXchange Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where AvidXchange Holdings sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
220 figures on this page: 217 cited to the filing that reported them, 3 calculated from figures it prints.
217 cited to the filing
3 calculated from the filing
Documents cited
- 0000950170-25-091548Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-25-107131BOARD OF DIRECTORS AND CORPORATE GOVERNANCE · Director Compensation table · EXECUTIVE COMPENSATION TABLES AND RELATED DISCLOSURES · Grants of Plan-Based Awards · and 1 more section
- 0001193125-24-166936Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-23-176183Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “AvidXchange Holdings executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/AVDX (accessed 2026).
Short form: data: Velarion
The paid brief for AvidXchange Holdings
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
4 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers AvidXchange Holdings discloses
The companies named in AVDX's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}