Named Executive Officer (NEO)
Named Executive Officers are the handful of executives whose pay a public company must disclose: the PEO, CFO, and next three highest-paid, plus up to two departed officers.
Who counts
The required NEO set is the principal executive officer, the principal financial officer (CFO), the three other most highly compensated officers, and up to two additional individuals who would have qualified but departed.
In pay-versus-performance disclosure, non-PEO NEO pay is reported only as an AVERAGE across the group, not per person — the per-person figures live in the Summary Compensation Table.
Frequently asked
Why do I only see an average for executives other than the CEO?
Item 402(v) requires the average total compensation and average CAP of the non-PEO NEOs as a group (tagged ecd:NonPeoNeoAvgTotalCompAmt / ecd:NonPeoNeoAvgCompActuallyPaidAmt in iXBRL). Individual NEO pay for other years appears in the SCT.
Related terms
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