Ken Xie
2020
In 2020, Ken Xie earned a total compensation of $10.7M as Chief Executive Officer at Fortinet, a 11% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $983,163 |
|---|---|
| Option Awards | $4,169,569 |
| Salary | $797,000 |
| Stock Awards | $4,704,899 |
| Total | $10,654,631 |
Xie received $4.7M in stock awards, accounting for 44% of the total pay in 2020.
Xie also received $983.2K in non-equity incentive plan, $4.2M in option awards and $797K in salary.
Rankings
In 2020, Ken Xie's compensation ranked 757th out of 13,090 executives tracked by ExecPay. In other words, Xie earned more than 94.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 757 out of 13,090 | 94th |
Division Manufacturing | 263 out of 5,621 | 95th |
Major group Industrial And Commercial Machinery And Computer Equipment | 25 out of 450 | 94th |
Industry group Computer And Office Equipment | 14 out of 121 | 88th |
Industry Computer Peripheral Equipment, Not Elsewhere Classified | 3 out of 41 | 93rd |
Pay ratio
| Ken Xie's Pay | $10,654,631 |
|---|---|
| Median Employee's Pay | $149,450 |
| Pay Ratio | 71to 1 |
In 2020, the annual total compensation of Ken Xie was $10,654,631.
The annual total compensation of the median employee at Fortinet was $149,450.
The ratio of Ken Xie's pay to the pay of median employee was therefore 71 to one.
Source: SEC filing on April 28, 2021.
Xie's colleagues
We found three more compensation records of executives who worked with Ken Xie at Fortinet in 2020.