The target name "Former -" appears to be a parsing artifact. The only person this excerpt labels as "former" is Jeffrey McGonegal, identified in Riot Platforms' pay-versus-performance disclosures as the company's former principal executive officer (PEO). The filing shows him as PEO for 2020 and 2021. Jason Les has been CEO since February 8, 2021, so McGonegal preceded Les as Riot's principal executive officer.
Per the SCT-to-CAP reconciliation, McGonegal's 2021 Summary Compensation Table total was $18,196,470. That comprised $354,077 salary, $601,931 bonus/non-equity incentive, $17,229,300 in stock awards and $11,162 other. Compensation actually paid for 2021 was $10,634,670. For 2020, his SCT total was $698,581 ($294,103 salary, $90,000 bonus, $300,000 stock awards, $14,478 other), with compensation actually paid of $1,934,593.
This source carries no fuller biography of McGonegal. It gives no prior employers, education, credentials or board seats; he appears only in the compensation tables.
Biography extracted from Riot PRE 14A filed 2025-04-07 View cached copy (2026-08-31)Live source ↗
Compensation
| Year | Role as filed | Salary | Bonus | Stock awards | Option awards | Other | Total | Source |
|---|---|---|---|---|---|---|---|---|
| 2007 | Chief Executive Officer and Director | $222.9K | $280.0K | $74.0K | $79.0K | $31.8K | $687.7K | View cached copy (2026-09-27)Live source ↗ |
As reported in the company's DEF 14A Summary Compensation Table (SEC Reg S-K Item 402(c)). Stock and option awards are grant-date fair values — what the award was worth on the day it was granted, not cash received and not what it is worth now. Every row here reconciles: its columns add up to the total the filing printed.