The chief executive officer and founder of LendingTree Inc. saw a 9.48 percent increase in total compensation to $1,829,241 for fiscal year 2016, according to the proxy filed with the Securities and Exchange Commission.

Douglas Lebda’s total compensation in 2015 was $1,671,779.

Lebda’s base salary has remained the same at $600,000 since 2014. His 2016 total compensation was slightly higher than the year prior because of $207,621 option awards he received in 2016.

Lebda’s total compensation for 2015 and 2016, however, are drastically lower than what he received for fiscal 2014. His total compensation for 2014 was $5.3 million due to $1.09 million stock awards and $2.89 million stock options he received in 2014.

Lebda founded LendingTree in 1996. Before founding the company, Doug worked as an auditor and consultant for PriceWaterhouseCoopers after receiving his bachelor’s degree from Bucknell University.

LendingTree is an online loan marketplace where consumers can shop and compare multiple offers from a national network of lenders to find the best deal on their financing needs. will hold its annual meeting of stockholders on June 14, at the corporate headquarters in Charlotte.

The company’s stock closed at $140.90 on Friday.