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globes.co.ilAUG 43 min read$MNDY

After firing 600 workers monday.com CEOs seek double pay

monday.com (Nasdaq: MNDY) says its co-CEOs Roy Mann and Eran Zinman are seeking shareholder approval at an Aug. 6 general meeting to increase their compensation. The plan would raise pay from $7.3M in 2025 to $14.6M each by 2029, including higher monthly salaries and stock-based, performance-linked awards with a higher ceiling.

Original reporting
globes.co.il
Published Aug 4, 2026, 8:45 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 4, 2026, 8:59 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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After firing 600 workers monday.com CEOs seek double pay — source image
Source · globes.co.il
Decision brief

The 30-second read

$MNDYNeutralMed
01

Why it matters

The key new information is the proposed step-up in CEO pay and the revised performance-compensation structure (performance mix and ceiling), which can influence governance sentiment and proxy-vote positioning.

02

Market read

Traders may price in governance sentiment and proxy-vote risk into MNDY into the Aug. 6 meeting, even without changes to financial guidance.

03

What to watch

Vote outcome, proxy advisory guidance, and any shareholder dissent are not covered here, which could dominate the stock reaction more than the headline pay numbers.

Relevance 6/10Novelty 6/10Timing: Ahead of the Aug. 6 general shareholders meeting vote on CEO pay.

Background

monday.com announced layoffs of about 600 employees two weeks earlier, and now its co-CEOs are requesting approval for a new compensation plan ahead of the Aug. 6 shareholder meeting.

Company-level read

Ticker impact

$MNDYNeutralMedium confidence
Context

monday.com co-CEOs Roy Mann and Eran Zinman seek shareholder approval to nearly double their compensation from $7.3M to $14.6M each by 2029.

Expected impact

Likely modest, sentiment-driven volatility around the Aug. 6 shareholder vote; fundamental impact is indirect.

Evidence & confidence

The article discloses a concrete, time-bound governance item (shareholder vote) with specific compensation mechanics, but it does not change operating guidance or financial results.

Market effects

Sector

May raise scrutiny of executive compensation practices among SaaS/tech firms, especially after layoffs.

Regional

Limited, primarily US-listed governance story with Israeli media coverage.

Global

Low, unless the vote outcome triggers broader governance debate for comparable firms.

Counterpoint

What could challenge this read

Because the plan is performance-linked with a higher ceiling, some investors may see it as aligning incentives rather than rewarding layoffs.

Key entities

  • public_company
    monday.com

    Nasdaq-listed software company whose co-CEOs are seeking shareholder approval for increased compensation.

  • executive
    Roy Mann

    Co-CEO and founder requesting higher compensation under the proposed plan.

  • executive
    Eran Zinman

    Co-CEO and founder requesting higher compensation under the proposed plan.

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