Simon Khalaf is the current CEO of Marqeta, Inc., a company he joined on January 31, 2023, after serving as Chief Product Officer. With a background in engineering, Simon holds a Bachelor’s degree in Electrical Engineering from the American University...

Simon Khalaf is the current CEO of Marqeta, Inc., a company he joined on January 31, 2023, after serving as Chief Product Officer. With a background in engineering, Simon holds a Bachelor’s degree in Electrical Engineering from the American University of Beirut and a Master’s from Syracuse University. He has extensive experience in product management and technology, having previously worked in key roles at Twilio and Verizon. Under his leadership, Marqeta is focused on growth and innovation in the fintech space. In 2023, he earned a total compensation of $16.2 million, which reflects not just his salary but also significant stock vesting, showing his commitment to long-term value creation for shareholders. Simon's strategic mindset and solid foundation in engineering help drive Marqeta’s mission to reshape payment solutions for businesses and consumers. His experience with leading tech companies positions him well to steer Marqeta's future.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Marqeta CEOs

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Simon Khalaf

CEO of Marqeta

Education

B.E. in Electrical Engineering from American University of Beirut; Master of Science in Electrical Engineering from Syracuse University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1967 - 58 years ago

CEO of Marqeta for

2 years 2 months (Jan 2023 - Present)

Previous Experience

Chief Product Officer at Marqeta, Inc. since July 2022; Interim Chief Revenue Officer since August 2022; Senior Vice President and GM of Twilio Inc.; Senior Vice President and GM of Verizon; leadership roles at Yahoo, Novell, and Worldtalk

Rivals

Competitors/colleagues of Simon Khalaf

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Jack Dorsey

Founder and CEO of Block

2023 Compensation

Stock

$0.00

Salary

$2.75

Bonus

$0.00

Other

$0.00

Total Holdings

$980.58K

Holdings

See how much did Simon Khalaf make over time.

Simon Khalaf has significant holdings in Marqeta, Inc. As of now, his wealth is closely tied to the performance of the company he leads. In 2023, he vested stock worth around $3.1 million, showing his clear alignment with shareholders’ interests....

Simon Khalaf has significant holdings in Marqeta, Inc. As of now, his wealth is closely tied to the performance of the company he leads. In 2023, he vested stock worth around $3.1 million, showing his clear alignment with shareholders’ interests. His connection to Marqeta deepened when he took the helm as CEO. Previously, he accrued wealth at Twilio and Verizon, where he drove product innovations. His holdings in Marqeta grew alongside his responsibilities, indicating confidence in the company’s potential. The fluctuation in stock value reflects broader market trends and the growing interest in fintech, making this an interesting space for investors.

Mar 18, 2025

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shares

MQ @ $4.51

Insider Trading

See recent insider trades of Simon Khalaf.

No insider trades found for this CEO.

Compensation History

See how much did Simon Khalaf make over time.

In 2023, Simon Khalaf received a total compensation package of $16.2 million as CEO of Marqeta. This includes a base salary of $571,458 and a bonus of $690,000, which was tied to his performance and the company's results. The bulk of his compensation came from vested stock units worth approximately $3.1 million. His compensation reflects the strategic vision he brings to the company and the potential growth he aims to achieve within the fintech sector. The executive compensation plan is designed to reward talent that not only meets targets but drives long-term value for shareholders, which is crucial in the highly competitive tech landscape.

Year

2023

Total Compensation

$4.37M

Salary

$571.46K

Board Justification

Our executive compensation philosophy and objective is to establish a compensation program that attracts and rewards talented individuals who possess the skills necessary to support our business objectives, expand our business, assist in the achievement of our strategic, operational, and financial goals, and create long-term value for our stockholders.

Bonus

$690.00K

Board Justification

The payouts for our CEO and other NEOs were at or above target, as a result of both individual and company performance as measured by the Senior Executive Cash Incentive Bonus Plan (the “Bonus Plan”).

Other

$16.70K

Board Justification

Includes 401(k) matches, group term life insurance, and stipends for parking, commute, connectivity, and cell phones.

Restricted Stock

$3.09M(556.16K RSU)

Board Justification

The aggregate number of shares of Class A common stock underlying RSUs that vested in fiscal year 2023.

Performance Metrics

Year-Over-Year Revenue Growth, Gross Profit, Adjusted EBITDA.

Other Marqeta CEOs

Here are other CEOs of Marqeta

Jason Gardner

Founder and Ex-CEO of Marqeta

November 2010 - January 2023