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Affirm Holdings, Inc.

AFRM · FY2025

MISALIGNED

CEO Package

$538K

Pay Ratio

—

Max Levchin

Pay rose +3.5% while TSR fell -1.7 pts

LendingClub Corp

LC · FY2025

MIXED

CEO Package

$4.8M

Pay Ratio

—

Scott Sanborn

Both pay and TSR fell, but the reset was partial

SLM Corp

SLM · FY2025

MIXED

CEO Package

$11.3M

Pay Ratio

—

JONATHAN W. WITTER

Both pay and TSR fell, but the reset was partial

CEOTotal Compensation — All Companies

AFRM$538KLC$4.8MSLM$11.3M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

SLM carries the largest package at $11.3M, about 20.9x AFRM.
AFRM reads misaligned, while LC looks mixed.
SLM is the most equity-heavy package, while AFRM leans hardest on other compensation.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

AFRM

Max Levchin

$538K

base salary7%
other compensation93%

LC

Scott Sanborn

$4.8M

base salary12%
stock awards56%
non-equity incentive compensation21%
other compensation0%

SLM

JONATHAN W. WITTER

$11.3M

base salary10%
stock awards75%
non-equity incentive compensation15%
other compensation0%

Quick Comparison

CompanyCEOLatest YearTotal Comp
Affirm Holdings, Inc.(AFRM)Max Levchin2025$0.5M
LendingClub Corp(LC)Scott Sanborn2025$4.8M
SLM Corp(SLM)JONATHAN W. WITTER2025$11.3M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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