Tech — Software
Smartsheet Executive Compensation (FY24)
SMAR · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024 ◇ Mark P. Mader | Latest say-on-pay support = June 18, 2024 |
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Data as of November 4, 2026Latest filing (8-K): June 20, 2024
6 filings cited on this page
Method: intel.velarion.ai/methodology
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271 figures on this page: 266 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
More on Smartsheet
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 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 — Mark P. Mader: $14,359,147 → $10,205,886 (28.9% lower)
Say-on-pay support: 74.1% → 87.4% (13.3 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Smartsheet's chief executive and what were they paid?
Mark P. Mader was paid $10,205,886 in total compensation as President and Chief Executive Officer for fiscal 2024. Mader's total moved 28.9% lower from the $14,359,147 reported for fiscal 2023.
What was Smartsheet's say-on-pay result?
The say-on-pay proposal drew 87.4% of votes cast for or against in favor at the meeting held June 18, 2024 for fiscal 2024.
Which companies are in Smartsheet's peer group?
Companies named in the disclosed peer group include Blackline, Inc., Five9, Inc., Procore Technologies, Inc. and Samsara Inc.
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 |
|---|---|---|---|---|---|---|---|---|
Mark Mader President and Chief Executive Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Michael Arntz Former Chief Revenue Officer and Executive Vice President of Worldwide Field Operations | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Praerit Garg President, Product & Innovation | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Jolene Marshall Chief Legal Officer and Secretary | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Pete Godbole Chief Financial Officer and Treasurer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Mark Mader President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Pete Godbole Chief Financial Officer and Treasurer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Praerit Garg President, Product & Innovation | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Michael Arntz Former Chief Revenue Officer and Executive Vice President of Worldwide Field Operations Departed during or after this year | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Jolene Marshall Chief Legal Officer and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Mark P. Mader President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Pete Godbole Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 2024
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Jolene Marshall | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jolene Marshall | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mark P. Mader | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mark P. Mader | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael Arntz | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael Arntz | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Pete Godbole | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Pete Godbole | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Praerit Garg | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Praerit Garg | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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 2023 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Mark P. Mader | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/5/2032 | |
| Option | ◇ | — | ◇ | 12/6/2031 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/18/2031 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/19/2030 | |
| RSU | ◇ | ◇ | — | — | |
| Praerit Garg | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/5/2032 | |
| Option | ◇ | — | ◇ | 12/6/2031 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/18/2031 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/19/2030 | |
| RSU | ◇ | ◇ | — | — | |
| Pete Godbole | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/5/2032 | |
| Option | ◇ | — | ◇ | 12/2/2030 | |
| Option | ◇ | — | ◇ | 12/6/2031 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Michael Arntz | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/5/2032 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/6/2031 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/18/2031 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/19/2030 | |
| RSU | ◇ | ◇ | — | — | |
| Jolene Marshall | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/5/2032 | |
| Option | ◇ | — | ◇ | 12/6/2031 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/18/2031 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/18/2031 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
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.
Mark P. Mader
Chief Executive Officer · Terms as described in the company’s compensation discussion
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Change-in-control base | ◇ |
Pete Godbole
Chief Financial Officer and Treasurer · Terms as described in the company’s compensation discussion
| Severance multiple | ◇ |
| Severance base | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Change-in-control base | ◇ |
| Equity acceleration on change in control | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Khozema Shipchandler | ◇ | ◇ | — | — | — | — | ◇ |
Michael Gregoire Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Elena Gomez | ◇ | ◇ | — | — | — | — | ◇ |
Alissa Abdullah | ◇ | ◇ | — | — | — | — | ◇ |
Matthew McIlwain | ◇ | ◇ | — | — | — | — | ◇ |
James N. White | ◇ | ◇ | — | — | — | — | ◇ |
Geoffrey T. Barker | ◇ | ◇ | — | — | — | — | ◇ |
Rowan Trollope | ◇ | ◇ | — | — | — | — | ◇ |
Brent Frei | ◇ | ◇ | — | — | — | — | ◇ |
Magdalena Yesil | ◇ | ◇ | — | — | — | — | ◇ |
Mark P. Mader and Katie Rooney 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.
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.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- Blackline, Inc. BL
- Five9, Inc. FIVN
- Procore Technologies, Inc. PCOR
- Samsara Inc. IOT
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | June 18, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | June 16, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | June 17, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | June 17, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | June 17, 2020 | = | ◇ | ◇ | ◇ |
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Mark P. Mader (President and Chief Executive Officer), FY2024 total compensation $10,205,886 (base salary $587,077) [exec_comp, SEC accession 0001366561-24-000093, filed 2024-05-01]What this page does not include
Everything above is a fact Smartsheet disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Smartsheet 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 — $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 — $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.
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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.
271 figures on this page: 266 cited to the filing that reported them, 5 calculated from figures it prints.
266 cited to the filing
5 calculated from the filing
Documents cited
- 0001366561-24-000160Proposal 3 – Advisory Non-Binding Vote to Approve the Compensation of the Company’s Named Executive Officers On a non-binding advisory basis, the Company’s shareholders approved the compensation of th
- 0001366561-24-000093Compensation Discussion and Analysis · Compensation Tables · Grants of Plan-Based Awards · NON-EMPLOYEE DIRECTOR COMPENSATION · and 1 more section
- 0001366561-23-000065
- 0001366561-22-000084
- 0001366561-21-000078
- 0001366561-20-000062
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Smartsheet executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/SMAR (accessed 2026).
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The paid brief for Smartsheet
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.
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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Tech — Software rankings
Peers Smartsheet discloses
The companies named in SMAR'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}
}