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Conduent Executive Compensation (FY25)

CNDT · Executive and director compensation, fiscal 2022 to 2025
Median of the other named officers
$1,800,598
6 officers, excluding the chief executive
Latest say-on-pay support
=
May 14, 2026
Chief executive pay ratio
◇
To the median employee
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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of November 4, 2026Latest filing (8-K): May 14, 2026
15 filings cited on this page
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Conduent brief$500Get the executive brief
Velarion Intel, one year, every company
515 figures on this page: 505 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

More on Conduent

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Clifford Skelton: $6,751,797 → $6,851,997 (1.5% higher)
Say-on-pay support: 95.1% → 91.6% (3.5 points lower)
CEO pay ratio: 282:1 → 463:1 (64.2% higher)

Frequently asked questions

Answers drawn from the data on this page.
What was Conduent's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 91.6% of votes cast for or against in favor at the meeting held May 14, 2026.
Which companies are in Conduent's peer group?
Companies named in the disclosed peer group include Alight, CACI International Inc, CGI Group, Concentrix and CSG Systems Intl, among others.
What is Conduent's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 463:1, against median employee compensation of $14,809.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Clifford Skelton
President and Chief Executive Officer
◇—◇—◇——◇
Stephen Wood
Executive Vice President and Chief Legal Officer
◇—◇—◇——◇
Michael Krawitz
Executive Vice President, General Counsel & Secretary
◇—◇—◇—◇◇
Mark Prout
Executive Vice President and Chief Information Officer
◇—◇—◇—◇◇
Louis Keyes
Executive Vice President, Transportation Solutions
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Clifford Skelton
President and Chief Executive Officer
◇—◇—◇——◇
Stephen Wood
Executive Vice President and Chief Financial Officer
◇—◇—◇——◇
Michael Krawitz
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Mark Prout
Executive Vice President, Chief Information Officer
◇—◇—◇—◇◇
Randall King
Executive Vice President, Commercial Solutions
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Clifford Skelton
President and Chief Executive Officer
◇—◇—◇—◇◇
Stephen Wood
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Michael Krawitz
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Michael McDaniel
Executive Vice President, Commercial Solutions
◇◇◇—◇—◇◇
Mark Prout
Executive Vice President, Chief Information Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Clifford Skelton
Former President and Chief Executive Officer
Departed during or after this year
◇—◇———◇◇
Stephen Wood
Former Executive Vice President & Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Michael McDaniel
Former Executive Vice President,
Departed during or after this year
◇—◇———◇◇
Michael Krawitz
Executive Vice President, General Counsel & Secretary
◇—◇—◇—◇◇
Adam Appleby
Executive Vice President, Public Sector
◇—◇—◇—◇◇
Mark Prout
Former Executive Vice President Chief Information and Technology Officer
Departed during or after this year
◇—◇———◇◇
Giles Goodburn
Executive Vice President & Chief Financial Officer
◇—◇—◇——◇
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Adam ApplebyPSU◇◇◇—◇—◇
Adam ApplebyRSU◇——◇——◇
Adam ApplebyPSU◇◇◇—◇—◇
Adam ApplebyPSU◇◇◇—◇—◇
Clifford SkeltonRSU◇——◇——◇
Clifford SkeltonPSU◇◇◇—◇—◇
Clifford SkeltonPSU◇◇◇—◇—◇
Clifford SkeltonPSU◇◇◇—◇—◇
Giles GoodburnPSU◇◇◇—◇—◇
Giles GoodburnPSU◇◇◇—◇—◇
Giles GoodburnPSU◇◇◇—◇—◇
Giles GoodburnPSU◇◇◇—◇—◇
Giles GoodburnPSU◇◇◇—◇—◇
Giles GoodburnRSU◇——◇——◇
Giles GoodburnRSU◇——◇——◇
Mark ProutPSU◇◇◇—◇—◇
Mark ProutPSU◇◇◇—◇—◇
Mark ProutPSU◇◇◇—◇—◇
Mark ProutRSU◇——◇——◇
Michael KrawitzRSU◇——◇——◇
Michael KrawitzPSU◇◇◇—◇—◇
Michael KrawitzPSU◇◇◇—◇—◇
Michael KrawitzPSU◇◇◇—◇—◇
Michael McDanielRSU◇——◇——◇
Michael McDanielPSU◇◇◇—◇—◇
Michael McDanielPSU◇◇◇—◇—◇
Michael McDanielPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthRSU◇——◇——◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Revenue GrowthPSU◇◇◇—◇—◇
Stephen WoodPSU◇◇◇—◇—◇
Stephen WoodPSU◇◇◇—◇—◇
Stephen WoodRSU◇——◇——◇
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 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Clifford SkeltonRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Michael KrawitzPSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Adam ApplebyRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Mark ProutRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Michael McDanielRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Giles GoodburnRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Stephen WoodPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Adam Appleby
Executive Vice President, Public Sector · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Clifford Skelton
Former President and Chief Executive Officer · Change-in-control agreement
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Giles Goodburn
Executive Vice President & Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Mark Prout
Former Executive Vice President Chief Information and Technology Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Michael Krawitz
Executive Vice President, General Counsel & Secretary · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Michael McDaniel
Former Executive Vice President, · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Benefits continuation◇
Stephen Wood
Former Executive Vice President & Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control trigger◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Scott Letier
◇◇————◇
Margarita Paláu-Hernández
Board chair
◇◇————◇
Kathy Higgins Victor
◇◇————◇
Harsha V. Agadi
◇◇————◇
Michael Montelongo
◇◇————◇
Michael Fucci
◇◇————◇
Greta Van 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◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as deferred stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alight ALIT
  • CACI International Inc CACI
  • CGI Group GIB
  • Concentrix CNXC
  • CSG Systems Intl CSGS
  • ExlService EXLS
  • Genpact LTD G
  • ICF Intl ICFI
  • Maximus, Inc MMS
  • TaskUs TASK
  • TELUS Intl TIXT
  • TriNet Group TNET

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 14, 2026=◇◇◇
2024May 20, 2025=◇◇◇
2023May 17, 2024=◇◇◇
2022May 24, 2023=◇◇◇
2021May 25, 2022=◇◇◇
2020May 25, 2021=◇◇◇
2019May 19, 2020=◇◇◇
2018May 21, 2019=◇◇◇
2017May 25, 2018=◇◇◇
2016May 25, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Clifford Skelton (Former President and Chief Executive Officer), FY2025 total compensation $6,851,997 (base salary $835,000) [exec_comp, SEC accession 0001677703-26-000049, filed 2026-04-06]

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What this page does not include

Everything above is a fact Conduent disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Conduent 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 — $500
Written 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 — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable 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 Intelligence
Adviser 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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
515 figures on this page: 505 cited to the filing that reported them, 10 calculated from figures it prints.
505 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001677703-26-000063
  2. 0001677703-26-000049
    Annual Director Compensation · CEO Pay Ratio Disclosure · Outstanding Equity Awards at 2025 Fiscal Year-End · Summary Compensation Table
  3. 0001677703-26-000043
    Grants of Plan-Based Awards in 202 · Grants of Plan-Based Awards in 2025
  5. 0001677703-25-000089
  6. 0001677703-24-000090
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001677703-24-000048
    Summary Compensation Table
  8. 0001677703-23-000042
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001677703-23-000020
    Summary Compensation Table
  10. 0001193125-22-163101
  11. 0001193125-21-172875
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-20-146205
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-19-152730
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-18-175497
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-17-184547
    Item 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, “Conduent executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CNDT (accessed 2026).
Short form: data: Velarion

The paid brief for Conduent

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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15 filings cited on this page
Method: intel.velarion.ai/methodology
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Business Services rankings

Chief executive pay — Business ServicesCEO pay ratio — Business ServicesSay-on-pay support — Business Services

Peers Conduent discloses

The companies named in CNDT's own disclosed peer group.

AlightCACI International IncCGI GroupConcentrixCSG Systems IntlExlServiceGenpact LTDICF IntlMaximus, IncTaskUsTriNet Group

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

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}
}
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