Michael Xie
2019
In 2019, Michael Xie earned a total compensation of $4.3M as President and Chief Technology Officer at Fortinet, a 24% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $279,372 |
|---|---|
| Option Awards | $1,758,779 |
| Salary | $427,000 |
| Stock Awards | $1,826,589 |
| Total | $4,291,740 |
Xie received $1.8M in stock awards, accounting for 43% of the total pay in 2019.
Xie also received $279.4K in non-equity incentive plan, $1.8M in option awards and $427K in salary.
Rankings
In 2019, Michael Xie's compensation ranked 2,728th out of 13,971 executives tracked by ExecPay. In other words, Xie earned more than 80.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,728 out of 13,971 | 81st |
Division Manufacturing | 982 out of 5,701 | 83rd |
Major group Industrial And Commercial Machinery And Computer Equipment | 91 out of 466 | 81st |
Industry group Computer And Office Equipment | 38 out of 116 | 67th |
Industry Computer Peripheral Equipment, Not Elsewhere Classified | 10 out of 41 | 76th |
Pay ratio
| Michael Xie's Pay | $4,291,740 |
|---|---|
| Median Employee's Pay | $122,329 |
| Pay Ratio | 35to 1 |
In 2019, the annual total compensation of Michael Xie was $4,291,740.
The annual total compensation of the median employee at Fortinet was $122,329.
The ratio of Michael Xie's pay to the pay of median employee was therefore 35 to one.
Source: SEC filing on April 28, 2020.
Xie's colleagues
We found three more compensation records of executives who worked with Michael Xie at Fortinet in 2019.