Ken Xie
2019
In 2019, Ken Xie earned a total compensation of $9.6M as Chief Executive Officer at Fortinet, a 42% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $754,923 |
|---|---|
| Option Awards | $3,985,666 |
| Salary | $750,000 |
| Stock Awards | $4,139,334 |
| Total | $9,629,923 |
Xie received $4.1M in stock awards, accounting for 43% of the total pay in 2019.
Xie also received $754.9K in non-equity incentive plan, $4M in option awards and $750K in salary.
Rankings
In 2019, Ken Xie's compensation ranked 798th out of 13,971 executives tracked by ExecPay. In other words, Xie earned more than 94.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 798 out of 13,971 | 94th |
Division Manufacturing | 280 out of 5,701 | 95th |
Major group Industrial And Commercial Machinery And Computer Equipment | 31 out of 466 | 93rd |
Industry group Computer And Office Equipment | 18 out of 116 | 85th |
Industry Computer Peripheral Equipment, Not Elsewhere Classified | 7 out of 41 | 83rd |
Pay ratio
| Ken Xie's Pay | $9,629,923 |
|---|---|
| Median Employee's Pay | $122,329 |
| Pay Ratio | 79to 1 |
In 2019, the annual total compensation of Ken Xie was $9,629,923.
The annual total compensation of the median employee at Fortinet was $122,329.
The ratio of Ken Xie's pay to the pay of median employee was therefore 79 to one.
Source: SEC filing on April 28, 2020.
Xie's colleagues
We found three more compensation records of executives who worked with Ken Xie at Fortinet in 2019.