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Asset Management

Dolby Laboratories Executive Compensation (FY25)

DLB · San Francisco, CA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Kevin Yeaman
Latest say-on-pay support
=
February 3, 2026
Chief executive pay ratio
◇
To the median employee
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15 filings cited on this page
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Published by Velarion Company Intelligence
Dolby Laboratories brief$500Get the executive brief
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385 figures on this page: 374 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
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 — Kevin Yeaman: $9,678,964 → $10,193,397 (5.3% higher)
CEO pay ratio: 58:1 → 59:1 (1.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Dolby Laboratories' chief executive and what were they paid?
Total compensation for Kevin Yeaman, President and Chief Executive Officer, came to $10,193,397 in fiscal 2025. Yeaman's total was 5.3% higher than the $9,678,964 reported for fiscal 2024.
What was Dolby Laboratories' say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 99.4% support at the meeting held February 3, 2026.
What is Dolby Laboratories' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 59:1, against median employee compensation of $172,377.

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
Kevin Yeaman
President and Chief Executive Officer
◇—◇◇◇—◇◇
Shriram Revankar
Senior Vice President, Advanced Technology Group
◇◇◇◇◇—◇◇
Robert Park
Executive Vice President and Chief Financial Officer
◇◇◇◇◇—◇◇
John Couling
Executive Vice President, Licensing
◇—◇◇◇—◇◇
Andy Sherman
Executive Vice President, General Counsel and Corporate Secretary
◇—◇◇◇—◇◇
Todd Pendleton
Executive Vice President and Chief Commercial Officer
◇—◇◇◇—◇◇
Lewis Chew
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—————◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Yeaman
President and Chief Executive Officer
◇—◇◇◇—◇◇
John Couling
Senior Vice President, Entertainment
◇—◇◇◇—◇◇
Andy Sherman
Executive Vice President, General Counsel and Corporate Secretary
◇—◇◇◇—◇◇
Robert Park
Senior Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Todd Pendleton
Senior Vice President and Chief Marketing Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Yeaman
President and Chief Executive Officer
◇—◇◇◇—◇◇
John Couling
Senior Vice President, Entertainment
◇—◇◇◇—◇◇
Andy Sherman
Executive Vice President, General Counsel and Corporate Secretary
◇—◇◇◇—◇◇
Shriram Revankar
Senior Vice President, Advanced Technology Group
◇—◇◇◇—◇◇
Robert Park
Senior Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Yeaman
President and Chief Executive Officer
◇—◇◇◇—◇◇
John Couling
Senior Vice President, Entertainment
◇—◇◇◇—◇◇
Andy Sherman
Executive Vice President, General Counsel and Corporate Secretary
◇—◇◇◇—◇◇
Shriram Revankar
Senior Vice President, Advanced Technology Group
◇—◇◇◇—◇◇
Robert Park
Senior Vice President and 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
Andy ShermanPSU◇◇◇—◇—◇
Andy ShermanRSU◇——◇——◇
Andy ShermanOPTION◇——◇—◇◇
John CoulingRSU◇——◇——◇
John CoulingOPTION◇——◇—◇◇
John CoulingPSU◇◇◇—◇—◇
Kevin YeamanOPTION◇——◇—◇◇
Kevin YeamanRSU◇——◇——◇
Kevin YeamanPSU◇◇◇—◇—◇
Robert ParkPSU◇◇◇—◇—◇
Robert ParkRSU◇——◇——◇
Robert ParkOPTION◇——◇—◇◇
Shriram RevankarRSU◇——◇——◇
Shriram RevankarOPTION◇——◇—◇◇
Shriram RevankarPSU◇◇◇—◇—◇
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
Kevin YeamanOption◇—◇12/16/2034
RSU◇◇——
Option◇—◇12/15/2033
RSU◇◇——
Option◇—◇12/15/2032
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇12/15/2031
John CoulingOption◇—◇12/16/2034
RSU◇◇——
Option◇—◇12/15/2033
RSU◇◇——
Option◇—◇12/15/2032
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇12/15/2031
Andy ShermanOption◇—◇12/16/2034
RSU◇◇——
Option◇—◇12/15/2033
RSU◇◇——
Option◇—◇12/15/2032
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇12/15/2031
Shriram RevankarOption◇—◇12/16/2034
RSU◇◇——
Option◇—◇12/15/2033
RSU◇◇——
RSU◇◇——
Option◇—◇5/16/2032
PSU◇◇——
Option◇—◇12/15/2032
RSU◇◇——
PSU◇◇——
PSU◇◇——
Robert ParkOption◇—◇12/16/2034
RSU◇◇——
Option◇—◇12/15/2033
RSU◇◇——
Option◇—◇12/15/2032
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇10/15/2031
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.
Kevin Yeaman
President and Chief Executive Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
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
Peter Gotcher
Board chair
◇◇————◇
Avadis Tevanian, Jr
◇◇————◇
Simon Segars
◇◇————◇
Emily Rollins
◇◇————◇
Tony Prophet
◇◇————◇
Anjali Sud
◇◇————◇
David Dolby
◇◇————◇
Kevin Yeaman 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 restricted stock units.
Stock ownership guideline: 5 times annual Board retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Dropbox Inc DBX

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025February 3, 2026=◇◇◇
2024February 4, 2025=◇◇◇
2023February 6, 2024=◇◇◇
2022February 7, 2023=◇◇◇
2021February 8, 2022=◇◇◇
2020February 2, 2021=◇◇◇
2019February 4, 2020=◇◇◇
2018February 5, 2019=◇◇◇
2017February 6, 2018=◇◇◇
2016February 7, 2017=◇◇◇
2015February 2, 2016=◇◇◇

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?”
- Kevin Yeaman (President and Chief Executive Officer), FY2025 total compensation $10,193,397 (base salary $950,000) [exec_comp, SEC accession 0001193125-25-320032, filed 2025-12-16]

Answered within 24 hours, every figure cited to its SEC filing. This is a one-off report: no refunds.

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What this page does not include

Everything above is a fact Dolby Laboratories disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Dolby Laboratories 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.
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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.
385 figures on this page: 374 cited to the filing that reported them, 11 calculated from figures it prints.
374 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-041211
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-25-320032
    Compensation Discussion and Analysis · Compensation of Directors · Director Compensation · Executive Compensation Tables and Related Matters · and 4 more sections
  3. 0001193125-25-022734
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-24-282542
    Summary Compensation Table
  5. 0001193125-24-030031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-23-301817
    Summary Compensation Table
  7. 0001193125-23-032624
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-22-307928
    Executive Compensation Tables and Related Matters
  9. 0001193125-22-035420
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001193125-21-030874
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001193125-20-028306
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-19-032394
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-18-038041
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-17-036219
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-16-452356
    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, “Dolby Laboratories executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DLB (accessed 2026).
Short form: data: Velarion

The Dolby Laboratories brief, $500

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 $500 for the board report; $900 for both.
15 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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Asset Management rankings

Peers Dolby Laboratories discloses

The companies named in DLB'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}
}