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Marchex Executive Compensation (FY24)

MCHX · Executive and director compensation, fiscal 2023 to 2024

The Marchex 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.
From $1,200 for the board report; $2,400 for both.
Data as of September 13, 2026Latest filing (DEF 14A): November 4, 2025
4 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Marchex brief$1,500Get the executive brief
109 figures on this page: 106 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
Latest say-on-pay support
=
September 28, 2023
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Edwin Miller: $1,460,113 → $1,179,906 (19.2% lower)

Frequently asked questions

Answers drawn from the data on this page.
What was Marchex's say-on-pay result?
For fiscal 2022, the say-on-pay proposal drew 99.4% support at the meeting held September 28, 2023.

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
Edwin Miller
Former CEO
◇——◇———◇
Troy Hartless
President & Chief Revenue Officer
◇——◇———◇
Russell Horowitz
Chairman
◇—◇◇———◇
Holly Aglio
Former CFO
◇◇—◇———◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edwin Miller
Former CEO
Departed during or after this year
◇◇—◇——◇◇
Troy Hartless
President & Chief Revenue Officer
◇◇—◇———◇
Russell Horowitz
Chairman
◇——◇——◇◇
Holly Aglio
Former CFO
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.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Troy HartlessOption◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Russell HorowitzRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Edwin MillerOption◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Holly AglioOption◇—◇—
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.
Edwin Miller
Former CEO · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Troy Hartless
President & Chief Revenue Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
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 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dennis Cline
◇—◇———◇
Donald Cogsville
◇—◇———◇
M. Wayne Wisehart
◇—◇———◇
Michael Arends
——◇———◇
Russell Horowitz served on the board in fiscal 2024 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◇
Equity is delivered as Options.

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
2022September 28, 2023=◇◇◇
2019October 1, 2020=◇◇◇
2016August 21, 2017=◇◇◇
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What this page does not include

Everything above is a fact Marchex 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.
109 figures on this page: 106 cited to the filing that reported them, 3 calculated from figures it prints.
106 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001193125-25-264721
    Compensation Discussion and Analysis · Compensation of Directors · Outstanding Equity Awards at 2024 Fiscal Year End · Summary Compensation Table
  2. 0000950170-23-051121
  3. 0001564590-20-045735
  4. 0001564590-17-017926
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Marchex executive compensation, FY2023–FY2024.” https://intel.velarion.ai/comp/MCHX (accessed 2026).
Short form: data: Velarion

The Marchex 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.
From $1,200 for the board report; $2,400 for both.
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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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.
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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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