Ardelyx

Ardelyx

ARDX· Manufacturing· Fiscal year ends in December

CEO pay in FY2025Stock +15.0% in FY2025

Michael Raab is the CEO of Ardelyx and was paid $7.8M in FY2025 (Dec), down 19%.

Pay$100 in the stock at the end of FY21 → $530
CEO pay is from each Ardelyx proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives6

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  1. 1Michael RaabFY2025
  2. 2Edward Conner, M.D.FY2025
  3. 3Justin RenzFY2025
  4. 4Susan HohenleitnerFY2025
  5. 5John Bishop, Ph.D.FY2025
  6. 6Elizabeth Grammer, Esq.FY2025

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Pay

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Ardelyx paid its 6 named executives $23.2M in total in FY2025 (Dec). CEO Michael Raab was paid $7.8M of that.

Name
Michael RaabPresident, Chief Executive Officer and Director
Edward Conner, M.D.Former Chief Medical OfficerNot disclosedNot disclosed
Justin RenzFormer Chief Financial and Operations OfficerNot disclosed
Susan HohenleitnerChief Financial OfficerNot disclosedNot disclosed
John Bishop, Ph.D.Chief Technical and Quality OfficerNot disclosedNot disclosed
Elizabeth Grammer, Esq.Former Chief Legal and Administrative Officer

of each named executive, from the Summary Compensation Table of each proxy.

Peers19

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The FY2025 (Dec) proxy of Ardelyx names 19 peer companies for pay. Among Ardelyx and these peers, CEO pay was 6th highest of 11 and total shareholder return was 9th highest of 11.

6th highest of 11in Ardelyx and its pay peers, FY2025 (Dec) by CEO pay:

$1.7M$35.9M

9th highest of 11in Ardelyx and its pay peers, FY2025 (Dec) by total shareholder return:

$57$495

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board5

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  • David MottChair · 15 yr on the boardIndependentAudit and Compliance, Compensation (Chair)—Paid as an executive
  • William Bertrand, Jr.Director · 9 yr on the boardIndependentAudit and Compliance, Nominating and Corporate Governance (Chair)—Paid as an executive
  • Robert BazemoreDirector · 8 yr on the boardIndependentCompensation—Paid as an executive
  • Muna Bhanji, R.PhDirector · 3 yr on the boardIndependentCompensation—Paid as an executive
  • Merdad ParseyDirector · -1 yr on the boardIndependentNominating and Corporate Governance—Paid as an executive

The board of the latest proxy (FY2024).

Activity

  1. Pay
    Ardelyx CEO pay fell 19% to $7.8M. The stock rose 15% in FY2025 (Dec).
    DEF 14A
  2. Pay
    Ardelyx Former CFO pay rose 19% to $3.6M. The stock rose 15% in FY2025 (Dec).
    DEF 14A
  3. Pay
    Ardelyx General counsel pay fell 23% to $2.3M. The stock rose 15% in FY2025 (Dec).
    DEF 14A
  4. Pay
    Ardelyx CEO pay rose 133% to $9.6M. The stock fell 18% in FY2024 (Dec).
    DEF 14A
  5. Pay
    Ardelyx Division head pay rose 74% to $2.8M. The stock fell 18% in FY2024 (Dec).
    DEF 14A
  6. Pay
    Ardelyx General counsel pay rose 82% to $3.0M. The stock fell 18% in FY2024 (Dec).
    DEF 14A
  7. Board
    Merdad Parsey joined the board of Ardelyx. Merdad Parsey now sits on 2 public boards.
    3
  8. Pay
    Ardelyx CEO pay rose 112% to $4.1M. The stock rose 118% in FY2023 (Dec).
    DEF 14A
  9. Pay
    Ardelyx Division head pay rose 54% to $1.6M. The stock rose 118% in FY2023 (Dec).
    DEF 14A

Filings6

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Proxy statementDEF 14AApr 29, 2026FY2025
Annual report10-KFeb 19, 2026FY2025
Proxy statementDEF 14AApr 30, 2025FY2024
Annual report10-KFeb 20, 2025FY2024
Proxy statementDEF 14AApr 29, 2024FY2023
Annual report10-KFeb 22, 2024FY2023
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