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Michael C. Dennison received $7.5M in total compensation as Chief Executive Officer of FOX FACTORY HOLDING CORP in FY2024. The largest component was $6.5M in stock awards. That’s up 24% from FY2023. Source: SEC DEF 14A.
In fiscal year 2024, Michael C. Dennison, Chief Executive Officer of FOX FACTORY HOLDING CORP (FOXF), received total compensation of $7.5 million.
Michael C. Dennison's compensation breakdown includes: base salary of $1000K, stock awards valued at $6.5 million, and other compensation of $57K.
Compared to fiscal year 2023, Michael C. Dennison's total compensation increased 24% from $6.0 million to $7.5 million.
FOX FACTORY HOLDING CORP's top 6 named executive officers received combined total compensation of $16.3 million in fiscal year 2024.
The named executive officers disclosed in FOX FACTORY HOLDING CORP's 2024 proxy statement are:Michael C. Dennison (Chief Executive Officer) with total compensation of $7.5 million, Dennis C. Schemm (Chief Financial Officer and Treasurer) with total compensation of $2.5 million, Christopher J. Tutton (President Specialty Sports Group) with total compensation of $1.8 million, Toby D. Merchant (Chief Legal Officer Chief Compliance Officer and Secretary) with total compensation of $1.7 million, Paul W. Stecher (Chief Information Officer and President PVG) with total compensation of $1.7 million, and Brendan R. Enick (CAO and Treasurer) with total compensation of $1.1 million.
Chief Executive Officer
86% equity · 13% cash · 1% other
Based on DEF 14A filed 2025-03-26 · FY2024
Team view
6 executives
Chief Executive Officer
Total PayFY2024
$7.5M
Chief Financial Officer and Treasurer
Total PayFY2024
$2.5M
President Specialty Sports Group
Total PayFY2024
$1.8M
Chief Legal Officer Chief Compliance Officer and Secretary
Total PayFY2024
$1.7M
Chief Information Officer and President PVG
Total PayFY2024
$1.7M
CAO and Treasurer
Total PayFY2024
$1.1M
FY2024 total compensation breakdown
$7.5M total compensation
Michael C. Dennison earned $7.5M in FY2024 — here's how that breaks down.
$6.5M
86% of total
$999.5K
13% of total
$56.7K
1% of total
Activity timeline · FY2024
Recent events from filings
Mar 15, 2024
Michael C. Dennison Option Award
Mar 15, 2024
Revenue Growth Outperformance Award Option Award
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Pay changes vs. stock performance
1 year of data
Recent insider trades by officers and directors
~84 trades
For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2024 | Michael C. Dennison Chief Executive Officer | $1.00M | $0.00M | $6.45M | $0.00M | $0.06M | $7.51M |
| 2023 | Michael C. Dennison Chief Executive Officer | $0.97M | $0.00M | $5.00M | $0.00M | $0.06M | $6.03M |
| 2022 | Michael C. Dennison Chief Executive Officer | $0.93M | $2.24M | $4.50M | $0.00M | $0.03M | $7.70M |
| 2021 | Michael C. Dennison Chief Executive Officer | $0.83M | $2.04M | $4.94M | $0.00M | $0.01M | $7.82M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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