Palo Alto Networks CFO Luis Visoso receives $15M in 2020
Palo Alto Networks reports 2020 executive compensation
By ExecPay News
Published: October 20, 2020
Palo Alto Networks reported fiscal year 2020 executive compensation information on October 20, 2020.
In 2020, six executives at Palo Alto Networks received on average a compensation package of $4.9M, a 86% decrease compared to previous year.
Average pay of disclosed executives at Palo Alto Networks
Luis Felipe Visoso, Chief Financial Officer, received $15M in total. 86% of Visoso's compensation, or $13M, was in stock awards. Visoso also received $2M in bonus, $51K in salary, as well as $957 in other compensation.
For fiscal year 2020, the median employee pay was $229,812 at Palo Alto Networks. Therefore, the ratio of Luis Felipe Visoso's pay to the median employee pay was 65 to one.
Amit Singh, President, received a compensation package of $5.5M, which decreased by 88% compared to previous year. 74% of the compensation package, or $4.1M, was in stock awards.
Kathleen Bonanno, Chief Financial Officer, earned $4.6M in 2020, a 63% decrease compared to previous year.
Nikesh Arora, Chief Executive Officer, received $2.2M in 2020, which decreases by 91% compared to 2019.
Lee Klarich, Chief Product Officer, earned $1.1M in 2020, a 98% decrease compared to previous year.
Nir Zuk, Chief Technology Officer, received $947K in 2020, which decreases by 97% compared to 2019.
Palo Alto Networks' fiscal year ends on July 31.
Related executives
Nikesh Arora
Palo Alto Networks
Chief Executive Officer
Luis Visoso
Palo Alto Networks
Chief Financial Officer
Amit Singh
Palo Alto Networks
President
Lee Klarich
Palo Alto Networks
Chief Product Officer
Nir Zuk
Palo Alto Networks
Chief Technology Officer
Kathleen Bonanno
Palo Alto Networks
Chief Financial Officer
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Source: SEC filing on October 20, 2020.