Pagaya Technologies Executive Compensation (FY25)

PGY · Executive and director compensation, fiscal 2023 to 2025
Chief executive, fiscal 2025
◇
Avital Pardo
Latest say-on-pay support
=
August 17, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 3, 2026Latest filing (8-K): August 18, 2026
6 filings cited on this page
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Pagaya Technologies brief$1,500Get the executive brief
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58 figures on this page: 55 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
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 of record: Gal Krubiner → Avital Pardo
Say-on-pay support: 96.5% → 97.8% (1.3 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Pagaya Technologies' chief executive and what were they paid?
Total compensation for Avital Pardo, Deputy Chief Executive Officer, came to $1,555,047 in fiscal 2025.
What was Pagaya Technologies' say-on-pay result?
The say-on-pay proposal drew 97.8% of votes cast for or against in favor at the meeting held August 17, 2026 for fiscal 2025.
What is Pagaya Technologies' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 13:1.

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
Gal Krubiner
Chief Executive Officer
◇—◇————◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gal Krubiner
Chief Executive Officer
◇◇————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sanjiv Das
President
◇—◇—◇—◇◇
Evangelos Perros
Named Executive Officer
◇—◇—◇—◇◇
Tami Rosen
Chief Development Officer
◇—◇—◇—◇◇
Avital Pardo
Deputy Chief Executive Officer
◇———◇—◇◇
Jonathan Dobres
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.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Avi Zeevi
Board chair
◇◇————◇
Dan Petrozzo
◇◇————◇
Alison Davis
◇◇————◇
Asheet Mehta
◇◇————◇
Harvey Golub
◇◇————◇
Jason Gardner, Yahav Yulzari, Avital Pardo, Gal Krubiner and Tami Rosen 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◇
Board chair premium◇
Equity is delivered as restricted stock units.

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
2025August 17, 2026=◇◇◇
2024June 9, 2025=◇◇◇
2023December 11, 2024=◇◇◇

Chief executive pay ratio

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

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Sample answer — “What is the CEO’s total compensation?”
- Avital Pardo (Deputy Chief Executive Officer), FY2025 total compensation $1,555,047 (base salary an undisclosed amount) [exec_comp, SEC accession 0001883085-26-000039, filed 2026-07-06]

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What this page does not include

Everything above is a fact Pagaya Technologies 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 — $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.
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.
58 figures on this page: 55 cited to the filing that reported them, 3 calculated from figures it prints.
55 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001628280-26-057738
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001883085-26-000039
    Director Compensation table · S NON-EMPLOYEE DIRECTORS
  3. 0001883085-25-000100
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001883085-25-000066
    Summary Compensation Table
  5. 0001883085-24-000202
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-044284
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Pagaya Technologies executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/PGY (accessed 2026).
Short form: data: Velarion

The Pagaya Technologies 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 $499 for the board report; $2,400 for both.
6 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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