Palo Alto Networks CEO Nikesh Arora receives $125M in 2018
Palo Alto Networks reports 2018 executive compensation
By ExecPay News
Published: October 22, 2019
Palo Alto Networks reported fiscal year 2018 executive compensation information on October 22, 2019.
In 2018, eight executives at Palo Alto Networks received on average a compensation package of $22M, a 277% increase compared to previous year.
Average pay of disclosed executives at Palo Alto Networks
Nikesh Arora, Chief Executive Officer, received $125M in total. 52% of Arora's compensation, or $65M, was in option awards. Arora also received $207K in non-equity incentive plan, $156K in salary, $60M in stock awards, as well as $152 in other compensation.
Mark D. McLaughlin, Chief Executive Officer, received a compensation package of $14M, which increased by 38% compared to previous year. 87% of the compensation package, or $12M, was in stock awards.
Mark Anderson, President, earned $9.6M in 2018, a 47% increase compared to previous year.
Lee Klarich, Chief Product Officer, received $9.2M in 2018.
René Bonvanie, Chief Marketing Officer, earned $5.9M in 2018, a 80% increase compared to previous year.
Nir Zuk, Chief Technology Officer, received $4.8M in 2018, which increases by 11% compared to 2017.
Kathleen Bonanno, Chief Financial Officer, earned $4.3M in 2018.
Steffan C. Tomlinson, Chief Financial Officer, received $281K in 2018, which decreases by 93% compared to 2017.
Palo Alto Networks' fiscal year ends on July 31.
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Nikesh Arora
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Chief Executive Officer
Mark McLaughlin
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Kathleen Bonanno
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Mark Anderson
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René Bonvanie
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Lee Klarich
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Source: SEC filing on October 22, 2019.