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Tech — Software

Twilio Executive Compensation (FY25)

TWLO · San Francisco, CA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Khozema Shipchandler
Latest say-on-pay support
=
June 16, 2026
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Data as of October 22, 2026Latest filing (8-K): June 17, 2026
12 filings cited on this page
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181 figures on this page: 173 cited to the filing that reported them, 8 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 — Khozema Shipchandler: $27,210,463 → $24,291,917 (10.7% lower)
Say-on-pay support: 84.5% → 93.5% (9.0 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Twilio's chief executive and what were they paid?
Khozema Shipchandler was paid $24,291,917 in total compensation as Chief Executive Officer and Director for fiscal 2025. Shipchandler's total moved 10.7% lower from the $27,210,463 reported for fiscal 2024.
What was Twilio's say-on-pay result?
The say-on-pay proposal drew 93.5% of votes cast including abstentions in favor at the meeting held June 16, 2026 for fiscal 2025.
Which companies are in Twilio's peer group?
The disclosed peer group includes Akamai Technologies, Inc., Ansys, Inc., AppLovin Corporation, Autodesk, Inc. and Cloudflare, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeff Lawson
Chief Executive Officer and Board Chair
◇—◇———◇◇
Elena Donio
President, Twilio Data & Applications
◇—◇◇——◇◇
Khozema Shipchandler
President, Twilio Communications
◇—◇———◇◇
Eyal Manor
Former Chief Product Officer
Departed during or after this year
◇—◇———◇◇
Dana Wagner
Chief Legal Officer, Chief Compliance Officer and Corporate Secretary
◇—◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Aidan Viggiano
Chief Financial Officer
◇—◇—◇—◇◇
Khozema Shipchandler
Chief Executive Officer and Director and Former President, Twilio Communications
◇—◇—◇—◇◇
Elena Donio
Former President, Twilio Data & Applications
Departed during or after this year
◇—◇—◇—◇◇
Dana Wagner
Chief Legal Officer, Chief Compliance Officer and Corporate Secretary
◇—◇—◇—◇◇
Jeff Lawson
Former Chief Executive Officer and Board Chair
Departed during or after this year
◇—————◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Khozema Shipchandler
Chief Executive Officer and Director
◇—◇—◇—◇◇
Aidan Viggiano
Chief Financial Officer
◇—◇—◇—◇◇
Jeff Lawson
Former Chief Executive Officer and Board Chair
Departed during or after this year
◇——◇——◇◇
Dana Wagner
Former Chief Legal Officer, Chief Compliance Officer and Corporate Secretary
Departed during or after this year
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Khozema Shipchandler
Chief Executive Officer and Director
◇—◇—◇—◇◇
Aidan Viggiano
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Aidan ViggianoPSU◇◇◇—◇—◇
Aidan ViggianoRSU◇——◇——◇
Khozema ShipchandlerRSU◇——◇——◇
Khozema ShipchandlerPSU◇◇◇—◇—◇
Fiscal 2022, 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.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Aidan ViggianoRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Khozema ShipchandlerRSU◇◇——
RSU◇◇——
RSU◇◇——
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.
Aidan Viggiano
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Khozema Shipchandler
Chief Executive Officer and Director · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
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 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeff Epstein
Board chair
—◇————◇
Jeffrey Immelt
—◇————◇
Andrew Stafman
—◇————◇
Charles Bell
—◇————◇
Erika Rottenberg
—◇————◇
Miyuki Suzuki
—◇————◇
Donna Dubinsky
—◇————◇
Deval Patrick
—◇————◇
Douglas Robinson and Khozema Shipchandler 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 equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x Annual Board Retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Akamai Technologies, Inc. AKAM
  • Ansys, Inc. ANSS
  • AppLovin Corporation APP
  • Autodesk, Inc. ADSK
  • Cloudflare, Inc. NET
  • DocuSign, Inc. DOCU
  • Dropbox, Inc. DBX
  • Dynatrace, Inc. DT
  • Fortinet, Inc. FTNT
  • GoDaddy Inc. GDDY
  • Hubspot, Inc. HUBS
  • Informatica Inc. INFA
  • Nutanix, Inc. NTNX
  • Okta, Inc. OKTA
  • RingCentral, Inc. RNG
  • Snap Inc. SNAP
  • Snowflake Inc. SNOW
  • Teradata Corp. TDC
  • Ubiquiti Inc. UI
  • UiPath, Inc. PATH
  • Zoom Communications, Inc. ZM

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 16, 2026=◇◇◇
2024June 11, 2025=◇◇◇
2023June 6, 2024=◇◇◇
2022June 13, 2023=◇◇◇
2021June 22, 2022=◇◇◇
2020June 16, 2021=◇◇◇
2019June 3, 2020=◇◇◇
2018June 18, 2019=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- Khozema Shipchandler (Chief Executive Officer and Director), FY2025 total compensation $24,291,917 (base salary $1,100,000) [exec_comp, SEC accession 0001140361-26-017444, filed 2026-04-28]

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What this page does not include

Everything above is a fact Twilio disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Twilio 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.
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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.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
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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.
181 figures on this page: 173 cited to the filing that reported them, 8 calculated from figures it prints.
173 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001447669-26-000055
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001140361-26-017444
    2025 Non-Employee Director Compensation Table · Grants of Plan-Based Awards Table · Non-Employee Director Compensation · Outstanding Equity Awards at Fiscal Year-End Table · and 1 more section
  3. 0001193125-25-139163
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001140361-25-015756
    Compensation Discussion and Analysis · Summary Compensation Table
  5. 0001193125-24-158347
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-022258
    Summary Compensation Table
  7. 0001447669-23-000117
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-23-020583
    Summary Compensation Table
  9. 0001447669-22-000125
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001447669-21-000163
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001447669-20-000093
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001447669-19-000007
    Item 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, “Twilio executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TWLO (accessed 2026).
Short form: data: Velarion

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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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Tech — Software rankings

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Peers Twilio discloses

The companies named in TWLO's own disclosed peer group.

Akamai Technologies, Inc.Ansys, Inc.AppLovin CorporationAutodesk, Inc.Cloudflare, Inc.DocuSign, Inc.Dropbox, Inc.Dynatrace, Inc.Fortinet, Inc.GoDaddy Inc.Hubspot, Inc.Informatica Inc.Nutanix, Inc.Okta, Inc.RingCentral, Inc.Snap Inc.Snowflake Inc.Teradata Corp.Ubiquiti Inc.UiPath, Inc.Zoom Communications, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

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}
}
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