Did the ServiceNow CEO Get a Raise?
Yes. Bill McDermott's total compensation rose 12% to $15.6M in 2025, from $14.0M in 2024, per ServiceNow's SEC DEF 14A filings.
This page answers a common executive-compensation question: Did the ServiceNow 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.
Bill McDermott Pay: 2024 → 2025
- 2025 total comp
- $15,640,000
- 2024 total comp
- $13,968,000
- Change ($)
- +$1,672,000
- Change (%)
- +12%
Source: ServiceNow SEC DEF 14A proxy statements, 2024 and 2025 Summary Compensation Tables.
In its latest proxy statement, ServiceNow reported Bill McDermott's 2025 total compensation at $15,640,000 — up $1,672,000 (12%) from $13,968,000 in 2024. The biggest single driver was stock awards, which rose $836,000.
Across the disclosed history, Bill McDermott's total pay has run: 2022, $12.0M; 2023, $12.8M; 2024, $14.0M; 2025, $15.6M. 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: ServiceNow posted a 59.6% three-year total shareholder return on 38.6% revenue growth, and the package carries a CEOPay Pay-for-Performance grade of A (89/100).
Compensation Detail
| Component | Amount |
|---|---|
| Total Compensation | $15,640,000 |
| Base Salary | $1,564,000 |
| Stock Awards | $7,820,000 |
| Option Awards | $1,876,800 |
| Non-Equity Incentive | $2,346,000 |
| CEO-to-Worker Pay Ratio | 98:1 |
| Pay-Performance Grade | A |
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Frequently Asked Questions
Yes. Bill McDermott's total compensation rose 12% to $15.6M in 2025, from $14.0M in 2024, per ServiceNow's SEC DEF 14A filings.
Bill McDermott, CEO of ServiceNow, earned $15.6M in total compensation in 2025, including $7.8M in stock awards and $1,564,000 in base salary.
In 2025, total compensation of $15,640,000 was composed of $1,564,000 base salary, $0 cash bonus, $7,820,000 stock awards, $1,876,800 option awards, and $2,346,000 in non-equity incentive compensation.
Our Pay-for-Performance Score rates ServiceNow as A (89/100), based on three-year total shareholder return of 59.6%, revenue growth of 38.6%, and shareholder say-on-pay vote approval.
Bill McDermott is the chief executive officer of ServiceNow (NOW).
More about ServiceNow
Yes. Bill McDermott's total compensation rose 12% to $15.6M in 2025, from $14.0M in 2024, per ServiceNow's SEC DEF 14A filings.
Source: SEC EDGAR DEF 14A proxy statements, 2026.