Michael Xie
2020
In 2020, Michael Xie earned a total compensation of $4.3M as President and Chief Technology Officer at Fortinet, which was about the same as previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $343,090 |
|---|---|
| Option Awards | $1,653,096 |
| Salary | $445,000 |
| Stock Awards | $1,865,337 |
| Total | $4,305,023 |
Xie received $1.9M in stock awards, accounting for 43% of the total pay in 2020.
Xie also received $343.1K in non-equity incentive plan, $1.7M in option awards and $445K in salary.
Rankings
In 2020, Michael Xie's compensation ranked 2,639th out of 13,090 executives tracked by ExecPay. In other words, Xie earned more than 79.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,639 out of 13,090 | 80th |
Division Manufacturing | 1,015 out of 5,624 | 82nd |
Major group Industrial And Commercial Machinery And Computer Equipment | 82 out of 450 | 82nd |
Industry group Computer And Office Equipment | 34 out of 121 | 72nd |
Industry Computer Peripheral Equipment, Not Elsewhere Classified | 7 out of 41 | 83rd |
Pay ratio
| Michael Xie's Pay | $4,305,023 |
|---|---|
| Median Employee's Pay | $149,450 |
| Pay Ratio | 29to 1 |
In 2020, the annual total compensation of Michael Xie was $4,305,023.
The annual total compensation of the median employee at Fortinet was $149,450.
The ratio of Michael Xie's pay to the pay of median employee was therefore 29 to one.
Source: SEC filing on April 28, 2021.
Xie's colleagues
We found three more compensation records of executives who worked with Michael Xie at Fortinet in 2020.