Ken Xie
2021
In 2021, Ken Xie earned a total compensation of $14.2M as Chief Executive Officer at Fortinet, a 33% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,024,951 |
|---|---|
| Option Awards | $6,145,875 |
| Salary | $797,000 |
| Stock Awards | $6,235,385 |
| Total | $14,203,211 |
Xie received $6.2M in stock awards, accounting for 44% of the total pay in 2021.
Xie also received $1M in non-equity incentive plan, $6.1M in option awards and $797K in salary.
Rankings
In 2021, Ken Xie's compensation ranked 604th out of 12,415 executives tracked by ExecPay. In other words, Xie earned more than 95.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 604 out of 12,415 | 95th |
Division Manufacturing | 205 out of 5,505 | 96th |
Major group Industrial And Commercial Machinery And Computer Equipment | 20 out of 363 | 95th |
Industry group Computer And Office Equipment | 14 out of 104 | 87th |
Industry Computer Peripheral Equipment, Not Elsewhere Classified | 2 out of 47 | 96th |
Pay ratio
| Ken Xie's Pay | $14,203,211 |
|---|---|
| Median Employee's Pay | $202,875 |
| Pay Ratio | 70to 1 |
In 2021, the annual total compensation of Ken Xie was $14,203,211.
The annual total compensation of the median employee at Fortinet was $202,875.
The ratio of Ken Xie's pay to the pay of median employee was therefore 70 to one.
Source: SEC filing on May 2, 2022.
Xie's colleagues
We found three more compensation records of executives who worked with Ken Xie at Fortinet in 2021.