USA Today Co. Executive Compensation (FY25)
TDAY · Executive and director compensation, fiscal 2023 to 2025
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Data as of September 28, 2026Latest filing (8-K): June 1, 2026
12 filings cited on this page
Method: intel.velarion.ai/methodology
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121 figures on this page: 110 cited to the filing that reported them, 11 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 total compensation — Michael Reed: $4,492,082 → $4,085,499 (9.1% lower)
Say-on-pay support: 96.1% → 98.4% (2.3 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is USA Today Co.'s chief executive and what were they paid?
Michael Reed was paid $4,085,499 in total compensation as CEO for fiscal 2025. Compared with the $4,492,082 reported for fiscal 2024, Reed's total was 9.1% lower.
What was USA Today Co.'s say-on-pay result?
Shareholders supported the say-on-pay proposal with 98.4% of votes cast for or against in favor at the meeting held June 1, 2026 for fiscal 2025.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Reed CEO | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Douglas Horne Former CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Reed CEO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Douglas Horne Former CFO | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Reed CEO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Douglas Horne Former CFO Departed during or after this year | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Trisha Gosser CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Trisha Gosser | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Michael Reed | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
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
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Kevin M. Sheehan Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Debra A. Sandler | ◇ | ◇ | — | — | — | ◇ | ◇ |
John Jeffry Louis III | ◇ | ◇ | — | — | — | — | ◇ |
Amy Reinhard | ◇ | ◇ | — | — | — | — | ◇ |
Barbara W. Wall | ◇ | ◇ | — | — | — | — | ◇ |
Theodore P. Janulis | ◇ | ◇ | — | — | — | — | ◇ |
Laurence Tarica | ◇ | ◇ | — | — | — | — | ◇ |
Maha Al-Emam | ◇ | ◇ | — | — | — | — | ◇ |
Michael E. Reed 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 | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Stock.
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 1, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 2, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 3, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 5, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 6, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | June 7, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | June 8, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 23, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 24, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 25, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 25, 2016 | = | ◇ | ◇ | ◇ |
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What this page does not include
Everything above is a fact USA Today Co. 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 — $1,500Board 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.
121 figures on this page: 110 cited to the filing that reported them, 11 calculated from figures it prints.
110 cited to the filing
11 calculated from the filing
Documents cited
- 0001579684-26-000040Proposal 3 . The Company's stockholders approved, on an advisory basis, the Company's executive compensation.
- 0001579684-26-000022Compensation Tables · Compensation of Directors
- 0001579684-25-000035Proposal 3 . The Company's stockholders approved, on an advisory basis, the Company's executive compensation.
- 0001579684-24-000035Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-23-028418Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-22-022214Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-21-020128Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-20-013420Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-19-155342Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-18-025743Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001567619-17-001155Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-16-608541Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “USA Today Co. executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/TDAY (accessed 2026).
Short form: data: Velarion
The USA Today Co. 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.
12 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}
}