Forrester Research Executive Compensation (FY25)
FORR · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ George Colony | Median of the other named officers $1,119,073 5 officers, excluding the chief executive | Latest say-on-pay support = May 12, 2026 |
Velarion Intel, $5,000/year: one seat · one year · every company we cover, with dashboards, peer screens and board-ready briefs.
The paid brief on Forrester Research
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.
Data as of November 4, 2026Latest filing (8-K): May 13, 2026
13 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
Velarion Intel, one year, every company
307 figures on this page: 292 cited to the filing that reported them, 15 calculated from figures it prints. See the citations
More on Forrester Research
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 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 — George Colony: $215,293 → $673,332 (212.8% higher)
Say-on-pay support: 98.2% → 99.0% (0.8 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Forrester Research's chief executive and what were they paid?
George Colony was paid $673,332 in total compensation as Chairman of the Board and Chief Executive Officer for fiscal 2025. Colony's total moved 212.8% higher from the $215,293 reported for fiscal 2024.
What was Forrester Research's say-on-pay result?
Shareholders supported the say-on-pay proposal with 99.0% of votes cast for or against in favor at the meeting held May 12, 2026 for fiscal 2025.
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 |
|---|---|---|---|---|---|---|---|---|
L. Christian Finn Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Carrie Johnson Chief Product Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kelley Hippler Chief Sales Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
George Colony Chairman of the Board and Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Sarah Le Roy Chief People Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Sharyn Leaver Chief Research Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Nate Swan Chief Sales Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Carrie Johnson Chief Product Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
L. Christian Finn Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Sharyn Leaver Chief Research Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
George Colony Chairman of the Board and Chief Executive Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Carrie Johnson Chief Product Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Nate Swan Chief Sales Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
L. Christian Finn Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Sharyn Leaver Chief Research Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
George Colony Chairman of the Board and | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Carrie Johnson Chief Product Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
L. Christian Finn Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Nate Swan Chief Sales Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Sharyn Leaver Chief Research Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Ryan Darrah Chief Legal Officer and Secretary | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
George Colony Chairman of the Board and Chief Executive 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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Carrie Johnson | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Carrie Johnson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Carrie Johnson | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| L. Christian Finn | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| L. Christian Finn | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| L. Christian Finn | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Nate Swan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Nate Swan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Nate Swan | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Ryan Darrah | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ryan Darrah | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ryan Darrah | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Sharyn Leaver | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Sharyn Leaver | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sharyn Leaver | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2022 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Carrie Johnson | Option | ◇ | — | ◇ | 3/31/2035 |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | = | — | — | |
| Option | ◇ | — | ◇ | 2/28/2033 | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| L. Christian Finn | Option | ◇ | — | ◇ | 3/31/2035 |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | = | — | — | |
| Option | ◇ | — | ◇ | 2/28/2033 | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Sharyn Leaver | Option | ◇ | — | ◇ | 3/31/2035 |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | = | — | — | |
| Option | ◇ | — | ◇ | 2/28/2033 | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Ryan Darrah | Option | ◇ | — | ◇ | 3/31/2035 |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | = | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — |
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 |
|---|---|---|---|---|---|---|---|
Anthony Friscia Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Warren Romine | ◇ | ◇ | — | — | — | — | ◇ |
Corinne Munchbach | ◇ | ◇ | — | — | — | — | ◇ |
Robert Bennett | ◇ | ◇ | — | — | — | — | ◇ |
Neil Bradford | ◇ | ◇ | — | — | — | — | ◇ |
Robert M. Galford | ◇ | — | — | — | — | — | ◇ |
David Boyce | ◇ | — | — | — | — | — | ◇ |
Yvonne Wassenaar | ◇ | — | — | — | — | — | ◇ |
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 | ◇ |
| 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.
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 12, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 13, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 14, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 9, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 10, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 11, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 12, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 14, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 8, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 23, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 17, 2016 | = | ◇ | ◇ | ◇ |
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- George Colony (Chairman of the Board and Chief Executive Officer), FY2025 total compensation $673,332 (base salary $472,500) [exec_comp, SEC accession 0001193125-26-133728, filed 2026-03-31]What this page does not include
Everything above is a fact Forrester Research disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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 — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable 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.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
307 figures on this page: 292 cited to the filing that reported them, 15 calculated from figures it prints.
292 cited to the filing
15 calculated from the filing
Documents cited
- 0001193125-26-221590Proposal 4 – Approval by non-binding vote Forrester Research, Inc.
- 0001193125-26-133728
- 0000950170-25-071464Proposal 3 – Approval by non-binding vote Forrester Research, Inc.
- 0001193125-24-139376Proposal 3 – Approval by non-binding vote Forrester Research, Inc.
- 0001193125-23-144986Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000950170-23-010197
- 0001193125-22-147510
- 0001193125-21-161350
- 0001193125-20-141188
- 0001193125-19-147498
- 0001193125-18-158692
- 0001193125-17-183027
- 0001193125-16-596860
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Forrester Research executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FORR (accessed 2026).
Short form: data: Velarion
The paid brief for Forrester Research
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.
13 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
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Forrester Research and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
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}
}