Did the Equinix CEO Get a Raise?
Yes. Adaire Fox-Martin's total compensation rose 8% to $10.0M in 2025, from $9.2M in 2024, per Equinix's SEC DEF 14A filings.
This page answers a common executive-compensation question: Did the Equinix CEO Get a Raise?. The answer draws on SEC DEF 14A proxy statements, the public disclosure mechanism for U.S. public-company executive pay. Every public company must file an annual proxy statement disclosing CEO and named-executive-officer compensation in detail. Why this matters for shareholders: executive compensation is the single most-disclosed governance metric at U.S. public companies, and the Dodd-Frank-mandated say-on-pay vote gives shareholders an explicit channel to express approval or dissent. Reading pay data well — including pay-versus-performance, peer-group selection, and time-vesting structures — is a basic part of stock-by-stock fundamental analysis.
The detailed answer below uses the actual proxy-statement filings, explains how to read them, and translates the executive-compensation accounting into the shareholder-relevant interpretation.
Adaire Fox-Martin Pay: 2024 → 2025
- 2025 total comp
- $9,960,000
- 2024 total comp
- $9,240,000
- Change ($)
- +$720,000
- Change (%)
- +8%
Source: Equinix SEC DEF 14A proxy statements, 2024 and 2025 Summary Compensation Tables.
In its latest proxy statement, Equinix reported Adaire Fox-Martin's 2025 total compensation at $9,960,000 — up $720,000 (8%) from $9,240,000 in 2024. The biggest single driver was stock awards, which rose $360,000.
Across the disclosed history, Adaire Fox-Martin's total pay has run: 2022, $8.1M; 2023, $8.2M; 2024, $9.2M; 2025, $10.0M. CEO compensation is lumpy year to year because equity grants — the largest component — are often awarded in multi-year blocks rather than evenly, so a single year's jump or drop can reflect grant timing as much as a change in pay philosophy.
Whether a raise is warranted ties back to performance: Equinix posted a 21.9% three-year total shareholder return on 8.8% revenue growth, and the package carries a CEOPay Pay-for-Performance grade of C (60/100).
Compensation Detail
| Component | Amount |
|---|---|
| Total Compensation | $9,960,000 |
| Base Salary | $996,000 |
| Stock Awards | $4,980,000 |
| Option Awards | $1,195,200 |
| Non-Equity Incentive | $1,494,000 |
| CEO-to-Worker Pay Ratio | 142:1 |
| Pay-Performance Grade | C |
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Frequently Asked Questions
Yes. Adaire Fox-Martin's total compensation rose 8% to $10.0M in 2025, from $9.2M in 2024, per Equinix's SEC DEF 14A filings.
Adaire Fox-Martin, CEO of Equinix, earned $10.0M in total compensation in 2025, including $5.0M in stock awards and $996,000 in base salary.
In 2025, total compensation of $9,960,000 was composed of $996,000 base salary, $0 cash bonus, $4,980,000 stock awards, $1,195,200 option awards, and $1,494,000 in non-equity incentive compensation.
Our Pay-for-Performance Score rates Equinix as C (60/100), based on three-year total shareholder return of 21.9%, revenue growth of 8.8%, and shareholder say-on-pay vote approval.
Adaire Fox-Martin is the chief executive officer of Equinix (EQIX).
More about Equinix
Yes. Adaire Fox-Martin's total compensation rose 8% to $10.0M in 2025, from $9.2M in 2024, per Equinix's SEC DEF 14A filings.
Source: SEC EDGAR DEF 14A proxy statements, 2026.