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Specialty Finance

Encore Capital Group Executive Compensation (FY25)

ECPG · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Ashish Masih
Median of the other named officers
$2,777,647
5 officers, excluding the chief executive
Latest say-on-pay support
=
June 12, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 18, 2026Latest filing (8-K): June 16, 2026
15 filings cited on this page
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346 figures on this page: 335 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Encore Capital Group

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 — Ashish Masih: $5,335,337 → $8,106,453 (51.9% higher)
CEO pay ratio: 174:1 → 255:1 (46.6% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Encore Capital Group's chief executive and what were they paid?
Ashish Masih, President and Chief Executive Officer, received $8,106,453 in total compensation for fiscal 2025. Compared with the $5,335,337 reported for fiscal 2024, Masih's total was 51.9% higher.
What was Encore Capital Group's say-on-pay result?
Shareholders supported the say-on-pay proposal with 98.0% of votes cast including abstentions in favor at the meeting held June 12, 2026 for fiscal 2025.
Which companies are in Encore Capital Group's peer group?
The disclosed peer group names Credit Acceptance Corporation, CSG Systems International, Inc., Enova International, Inc., ePlus Inc. and FirstCash Holdings, Inc., among others.
What is Encore Capital Group's chief executive pay ratio?
The company reported a chief executive pay ratio of 255:1 for fiscal 2025, against median employee compensation of $31,804.

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
Ashish Masih
President and Chief Executive Officer
◇—◇—◇—◇◇
Ryan Bell
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ashish Masih
President and Chief Executive Officer
◇—◇—◇—◇◇
Jonathan Clark
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Craig Buick
Former Chief Executive Officer, Cabot Credit Management
Departed during or after this year
◇—◇—◇—◇◇
Ryan Bell
President, Midland Credit Management
◇—◇—◇—◇◇
John Yung
President, International and Cabot Credit Management
◇—◇—◇—◇◇
Andrew Asch
Senior Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ashish Masih
President and Chief Executive Officer
◇—◇—◇—◇◇
Jonathan Clark
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
John Yung
President of International and Cabot Credit Management
◇—◇—◇—◇◇
Ryan Bell
President, Midland Credit Management
◇—◇—◇—◇◇
Andrew Asch
Senior Vice President, General Counsel, Government Affairs and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ashish Masih
President and Chief Executive Officer
◇—◇—◇—◇◇
John Yung
President of International and Cabot Credit Management
◇—◇—◇—◇◇
Tomas Hernanz
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Ryan Bell
President, Midland Credit Management
◇—◇—◇—◇◇
Andrew Asch
Senior Vice President, General Counsel, Government Affairs and Corporate Secretary
◇—◇—◇—◇◇
Jonathan Clark
Former Executive Vice President, Chief Financial Officer and Treasurer
Departed during or after this year
◇—————◇◇
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
Andrew E. AschPSU◇◇◇—◇—◇
Andrew E. AschRSU◇——◇——◇
Andrew E. AschPSU◇◇◇—◇—◇
Ashish MasihPSU◇◇◇—◇—◇
Ashish MasihPSU◇◇◇—◇—◇
Ashish MasihRSU◇——◇——◇
John YungPSU◇◇◇—◇—◇
John YungPSU◇◇◇—◇—◇
John YungRSU◇——◇——◇
Ryan B. BellPSU◇◇◇—◇—◇
Ryan B. BellRSU◇——◇——◇
Ryan B. BellPSU◇◇◇—◇—◇
Tomas HernanzPSU◇◇◇—◇—◇
Tomas HernanzPSU◇◇◇—◇—◇
Tomas HernanzRSU◇——◇——◇
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
Ryan BellRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Ashish MasihRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
John YungRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Tomas HernanzRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jonathan ClarkRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Andrew AschRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael P. Monaco
◇◇————◇
Wendy G. Hannam
◇◇————◇
Richard P. Stovsky
◇◇————◇
Ash Gupta
◇◇————◇
Angela A. Knight
◇◇————◇
Jeffrey A. Hilzinger
◇◇————◇
William C. Goings
◇◇————◇
Laura Newman Olle
◇◇————◇
Ashish Masih 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◇
Committee meeting fee◇
Equity is delivered as DSUs (Deferred Stock Units) or Common Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Credit Acceptance Corporation CACC
  • CSG Systems International, Inc. CSGS
  • Enova International, Inc. ENVA
  • ePlus Inc. PLUS
  • FirstCash Holdings, Inc. FCFS
  • Green Dot Corporation GDOT
  • LendingClub Corporation LC
  • LendingTree, Inc. TREE
  • Navient Corporation NAVI
  • Nelnet, Inc. NLOK
  • PRA Group, Inc. PRA
  • PROG Holdings, Inc. PRG
  • SLM Corporation SLM
  • Walker & Dunlop, Inc. WD
  • WEX Inc. WEX
  • World Acceptance Corporation WRLD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 12, 2026=◇◇◇
2024June 6, 2025=◇◇◇
2023June 7, 2024=◇◇◇
2022June 9, 2023=◇◇◇
2021June 10, 2022=◇◇◇
2020June 11, 2021=◇◇◇
2019June 17, 2020=◇◇◇
2018June 20, 2019=◇◇◇
2017June 21, 2018=◇◇◇
2016June 15, 2017=◇◇◇
2015June 1, 2016=◇◇◇

Chief executive pay ratio

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

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- Ashish Masih (President and Chief Executive Officer), FY2025 total compensation $8,106,453 (base salary $923,005) [exec_comp, SEC accession 0001084961-26-000030, filed 2026-04-29]

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What this page does not include

Everything above is a fact Encore Capital Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Encore Capital Group 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 — $1,500
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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
346 figures on this page: 335 cited to the filing that reported them, 11 calculated from figures it prints.
335 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001084961-26-000050
    Item 5.07. Submission of Matters to a Vote of Security Holders.
  2. 0001084961-26-000030
    CEO Pay Ratio · Compensation of Directors · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  3. 0001084961-25-000063
    Item 5.07. Submission of Matters to a Vote of Security Holders.
  4. 0001084961-25-000043
    SUMMARY COMPENSATION TABLE
  5. 0001084961-24-000057
  6. 0001084961-24-000033
    Summary Compensation Table
  7. 0001084961-23-000066
  8. 0001084961-23-000042
    SUMMARY COMPENSATION TABLE
  9. 0001084961-22-000068
  10. 0001084961-21-000069
  11. 0001084961-20-000075
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001084961-19-000070
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001084961-18-000052
  14. 0001084961-17-000068
  15. 0001084961-16-000174
Cite this data
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Velarion, “Encore Capital Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ECPG (accessed 2026).
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The paid brief for Encore Capital Group

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
15 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Specialty Finance rankings

Chief executive pay — Specialty FinanceCEO pay ratio — Specialty FinanceSay-on-pay support — Specialty Finance

Peers Encore Capital Group discloses

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

Credit Acceptance CorporationCSG Systems International, Inc.Enova International, Inc.ePlus Inc.FirstCash Holdings, Inc.Green Dot CorporationLendingTree, Inc.Navient CorporationPRA Group, Inc.PROG Holdings, Inc.SLM CorporationWalker & Dunlop, Inc.WEX Inc.World Acceptance Corporation

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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