Fred Thiel FY 2024 Base Salary
Company: Marathon Digital
What the later record shows
Delivered on time · happened January 1, 2024
The 2025 proxy lists Mr. Thiel's 2024 annual base salary as $950,000, effective January 1, 2024. The 2026 proxy confirms it as the 2024 base used for the 2025 increase.
“Our Named Executive Officers’ annual base salaries, effective January 1, 2024, as approved by the Compensation Committee were as follows”
2025-04-29 · Marathon Digital DEF 14A filed 2025-04-30 View cached copy (2026-08-31)Live source ↗
“2023 Annual Base Salary 2024 Annual Base Salary Mr. Thiel $ 800,000 $ 950,000 Mr. Khan $ 475,000 $ 625,000”
2025-04-29 · Marathon Digital DEF 14A filed 2025-04-30 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Fred Thiel's FY 2024 annual base salary is $950,000, effective retroactively from January 1, 2024
Source (primary)
Marathon Digital 8-K filed 2024-02-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “FY 2024 Annual Base Salaries for Named Executive Officers... Fred Thiel $ 950,000”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing lists Fred Thiel's FY 2024 annual base salary as $950,000 and states the FY 2024 base salary increases are retroactive to January 1, 2024.
Confirmed in the source:
- Fred Thiel's FY 2024 annual base salary is $950,000
- The FY 2024 base salary increases are retroactive to January 1, 2024
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315224004798/form8-k.htm) in full (8,397 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2024-02-02
Quote: “FY 2024 Annual Base Salaries for Named Executive Officers... Fred Thiel $ 950,000”
confirms Marathon Digital DEF 14A filed 2025-04-30
Quote: “Our Named Executive Officers’ annual base salaries, effective January 1, 2024, as approved by the Compensation Committee were as follows”