Ken Xie
2018
In 2018, Ken Xie earned a total compensation of $6.8M as Chief Executive Officer at Fortinet, a 71% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $680,466 |
|---|---|
| Option Awards | $3,003,220 |
| Salary | $625,000 |
| Stock Awards | $2,453,000 |
| Total | $6,761,686 |
Xie received $3M in option awards, accounting for 44% of the total pay in 2018.
Xie also received $680.5K in non-equity incentive plan, $625K in salary and $2.5M in stock awards.
Rankings
In 2018, Ken Xie's compensation ranked 1,322nd out of 14,244 executives tracked by ExecPay. In other words, Xie earned more than 90.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,322 out of 14,244 | 91st |
Division Manufacturing | 461 out of 5,765 | 92nd |
Major group Industrial And Commercial Machinery And Computer Equipment | 42 out of 458 | 91st |
Industry group Computer And Office Equipment | 22 out of 111 | 80th |
Industry Computer Peripheral Equipment, Not Elsewhere Classified | 6 out of 35 | 83rd |
Pay ratio
| Ken Xie's Pay | $6,761,686 |
|---|---|
| Median Employee's Pay | $131,767 |
| Pay Ratio | 51to 1 |
In 2018, the annual total compensation of Ken Xie was $6,761,686.
The annual total compensation of the median employee at Fortinet was $131,767.
The ratio of Ken Xie's pay to the pay of median employee was therefore 51 to one.
Source: SEC filing on April 30, 2019.
Xie's colleagues
We found four more compensation records of executives who worked with Ken Xie at Fortinet in 2018.