Booking CEO Glenn Fogel Took Pay Cut in 2025 After 2 Big Years
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Glenn Fogel, CEO of both Booking Holdings and flagship brand Booking.com, saw total compensation in 2025 of $35.4 million, 21% lower than in 2024, according to a preliminary proxy filing.
The compensation cut was not performance-based — it was due to lower stock awards after two banner years.
In the 2023-2025 period, Booking Holdings achieved “outstanding performance,” namely two times the target of the three-year Performance Share Units granted to Fogel in 2023, and they vested in March 2026, the filing stated. These numbers will be reflected in Booking’s 2027 proxy filing.
Fogel’s cash bonus
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