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Liberty Global Executive Compensation (FY25)

LBTYA · Executive and director compensation, fiscal 2023 to 2025

The Liberty Global brief, $1,500

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Data as of September 7, 2026Latest filing (8-K): June 25, 2026
4 filings cited on this page
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Liberty Global brief$1,500Get the executive brief
293 figures on this page: 292 cited to the filing that reported them, 1 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Michael Fries
Latest say-on-pay support
=
June 23, 2026
Chief executive pay ratio
◇
To the median employee
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 — Michael Fries: $45,693,754 → $37,717,946 (17.5% lower)
CEO pay ratio: 486:1 → 383:1 (21.2% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Liberty Global's chief executive and what were they paid?
Michael Fries, Chief Executive Officer & President, received $37,717,946 in total compensation for fiscal 2025. Fries' total moved 17.5% lower from the $45,693,754 reported for fiscal 2024.
What was Liberty Global's say-on-pay result?
Shareholders supported the say-on-pay proposal with 86.2% of votes cast for or against in favor at the meeting held June 23, 2026 for fiscal 2025.
What is Liberty Global's chief executive pay ratio?
The company reported a chief executive pay ratio of 383:1 for fiscal 2025, against median employee compensation of $98,575.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrea Salvato
EVP & Chief Development Officer
◇◇◇◇◇—◇◇
Enrique Rodriguez
EVP & Chief Technology Officer
◇—◇◇—◇◇◇
Bryan Hall
EVP, General Counsel and Secretary
◇◇◇◇◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Fries
Chief Executive Officer & President
◇—◇◇◇—◇◇
Bryan Hall
EVP, General Counsel and Secretary
◇◇◇◇◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Fries
Chief Executive Officer & President
◇—◇—◇—◇◇
Charles Bracken
EVP & Chief Financial Officer
◇—◇—◇—◇◇
Enrique Rodriguez
EVP & Chief Technology Officer
◇—◇——◇◇◇
Andrea Salvato
EVP & Chief Development Officer
◇—◇—◇—◇◇
Bryan Hall
EVP, General Counsel and Secretary
◇—◇—◇◇◇◇
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
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇—————◇
Liberty Global Class—◇—————◇
Liberty Global Class—◇—————◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
Liberty Global Class—◇——◇——◇
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
Andrea SalvatoRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Charles BrackenRSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
Michael FriesRSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
Enrique RodriguezRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
Bryan HallRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
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
John C. Malone
——◇——◇◇
Paul A. Gould
◇◇◇—◇◇◇
Larry E. Romrell
◇—◇——◇◇
Richard R. Green
◇◇◇—◇◇◇
Miranda Curtis CMG
◇—◇——◇◇
J David Wargo
◇◇◇—◇◇◇
Marisa D. Drew
◇◇◇—◇◇◇
Anthony G. Werner
◇◇◇——◇◇
Andrew J. Cole
◇◇◇—◇◇◇
Daniel E. Sanchez
◇◇◇——◇◇
Michael T. Fries 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.
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◇
Audit committee chair◇

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.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 23, 2026=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Liberty Global 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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
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.
293 figures on this page: 292 cited to the filing that reported them, 1 calculated from figures it prints.
292 cited to the filing
1 calculated from the filing

Documents cited

  1. 0001570585-26-000094
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-191485
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  3. 0001193125-25-076819
    Summary Compensation Table
  4. 0001193125-24-086025
    Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Liberty Global executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/LBTYA (accessed 2026).
Short form: data: Velarion

The Liberty Global brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
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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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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