MercadoLibre Executive Compensation (FY25)
MELI · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Marcos Galperin | Median of the other named officers $4,594,450 6 officers, excluding the chief executive | Latest say-on-pay support = June 9, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 22, 2026Latest filing (8-K): June 12, 2026
14 filings cited on this page
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219 figures on this page: 208 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
More on MercadoLibre
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 — Marcos Galperin: $13,747,133 → $13,137,927 (4.4% lower)
CEO pay ratio: 1,589:1 → 1,681:1 (5.8% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is MercadoLibre's chief executive and what were they paid?
Marcos Galperin, President and Chief Executive Officer, received $13,137,927 in total compensation for fiscal 2025. Galperin's total moved 4.4% lower from the $13,747,133 reported for fiscal 2024.
What was MercadoLibre's say-on-pay result?
Shareholders supported the say-on-pay proposal with 88.5% of votes cast for or against in favor at the meeting held June 9, 2026 for fiscal 2025.
Which companies are in MercadoLibre's peer group?
Companies named in the disclosed peer group include Adobe, Inc., Airbnb, Inc., Autodesk, Inc., Block, Inc. and Booking Holdings Inc., among others.
What is MercadoLibre's chief executive pay ratio?
The company reported a chief executive pay ratio of 1,681:1 for fiscal 2025, against median employee compensation of $7,816.
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 |
|---|---|---|---|---|---|---|---|---|
Marcos Galperin President and Chief Executive Officer | ◇ | ◇ | — | — | ◇ | — | — | ◇ |
Daniel Rabinovich Executive Vice President and Chief Operating Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Osvaldo Fintech President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Pedro Arnt Former Executive Vice President and Chief Financial Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Juan de la Serna Executive VP – Corporate Affairs | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Marcos Galperin President and Chief Executive Officer | ◇ | ◇ | — | — | ◇ | — | — | ◇ |
Osvaldo Giménez Fintech President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Osvaldo Fintech President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Daniel Rabinovich Executive Vice President and Chief Operating Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Juan de la Serna Executive VP – Corporate Affairs | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Martín de los Santos Executive Vice President and Chief Financial Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Pedro Arnt Former Executive Vice President and Chief Financial Officer Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Marcos Galperin President and Chief Executive Officer | ◇ | ◇ | — | — | ◇ | — | — | ◇ |
Osvaldo Fintech President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Osvaldo Giménez Fintech President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Daniel Rabinovich Executive Vice President and Chief Operating Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Ariel Szarfsztejn Commerce President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Ariel Commerce President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Martín de los Santos Executive Vice President and Chief Financial Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Marcos Galperin President and Chief Executive Officer | ◇ | ◇ | — | — | ◇ | — | — | ◇ |
Osvaldo Giménez Fintech President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Osvaldo Fintech President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Daniel Rabinovich Executive Vice President and Chief Operating Officer | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Ariel Szarfsztejn Commerce President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Ariel Commerce President | ◇ | ◇ | — | — | ◇ | — | ◇ | ◇ |
Martín de los Santos Executive 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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Ariel Szarfsztejn | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Daniel Rabinovich | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Marcos Galperin | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Martín de los Santos | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Osvaldo Giménez | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 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.
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 |
|---|---|---|---|---|---|---|---|
Emiliano Calemzuk Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Alejandro Nicolás Aguzin | ◇ | ◇ | — | — | — | ◇ | ◇ |
Stelleo Passos Tolda | ◇ | ◇ | — | — | — | — | ◇ |
Richard Sanders | ◇ | ◇ | — | — | — | ◇ | ◇ |
Henrique Dubugras | ◇ | ◇ | — | — | — | — | ◇ |
Susan Segal | ◇ | ◇ | — | — | — | — | ◇ |
Martín Lawson | ◇ | ◇ | — | — | — | ◇ | ◇ |
Andrea Mayumi Petroni Merhy | ◇ | — | — | — | — | ◇ | ◇ |
Nicolás Galperin, Mario Eduardo Vázquez and Marcos Galperin 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 | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Restricted Stock or RSUs.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Adobe, Inc. ADBE
- Airbnb, Inc. ABNB
- Autodesk, Inc. ADSK
- Block, Inc. XYZ
- Booking Holdings Inc. BKNG
- Coinbase Global, Inc. COIN
- Coupang, Inc. CPNG
- Discover Financial Services DFS
- DoorDash, Inc. DASH
- eBay Inc. EBAY
- Fidelity National Information Services, Inc. FIS
- Fiserv, Inc. FI
- Intuit Inc. INTU
- Naspers Limited symbol not shown
- PayPal Holdings, Inc. PYPL
- Shopify Inc. SHOP
- Uber Technologies, Inc. UBER
- Workday, Inc. WDAY
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 9, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 17, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 5, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 7, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 8, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | June 8, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | June 8, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | June 10, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | June 15, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | June 13, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | June 10, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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- Marcos Galperin (President and Chief Executive Officer), FY2025 total compensation $13,137,927 (base salary $592,521) [exec_comp, SEC accession 0001099590-26-000010, filed 2026-04-23]What this page does not include
Everything above is a fact MercadoLibre disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where MercadoLibre 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable 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.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
219 figures on this page: 208 cited to the filing that reported them, 11 calculated from figures it prints.
208 cited to the filing
11 calculated from the filing
Documents cited
- 0001999371-26-012770
- 0001099590-26-000010SUMMARY COMPENSATION TABLE
- 0001999371-25-008001
- 0001099590-25-000020SUMMARY COMPENSATION TABLE
- 0001628280-24-027114
- 0001140361-24-022081Summary Compensation Table
- 0001171843-23-003873
- 0001171843-22-004303Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001171843-21-004256Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001171843-20-004289
- 0001171843-19-003996Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000903423-18-000354Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001171843-17-003635Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001562762-16-000400
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “MercadoLibre executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/MELI (accessed 2026).
Short form: data: Velarion
The paid brief for MercadoLibre
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 $499 for the board report; $2,400 for both.
14 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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Peers MercadoLibre discloses
The companies named in MELI'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}
}