Sundar PichaiSundar Pichai earned $164M in 2023

Ken Xie is the co-founder and CEO of Fortinet, a leading cybersecurity company that he founded in 2000. He has a solid educational background with a B.S. and M.S. in Electrical Engineering from Tsinghua University, plus another M.S. from Stanford...

Quick Links
F

Ken Xie

Founder and CEO of Fortinet

Education

B.S. and M.S. in Electrical Engineering from Tsinghua University, M.S. in Electrical Engineering from Stanford University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1970 - 55 years ago

CEO of Fortinet for

24 years 8 months (Oct 2000 - Present)

Previous Experience

Founder, President and CEO of NetScreen Technologies

Holdings

See how much did Ken Xie make over time.

Ken Xie's financial stake in Fortinet has seen significant changes. His wealth in stock holdings peaked around $4.23 billion in November 2021 but experienced a drop in value over the following years, settling at approximately $2.91 billion in November 2023....

Total Stock Sold

$97.13M

FTNT

$97.13M

10,290,318 FTNT shares

What if they kept their stock?

If Ken Xie didn't sell their stock, today they would have:
Extra FTNT10,290,318 shares worth $287.26M.
This is 195.75% and $190.13M more than what they got when they sold the stock.

Charitable Transactions

FTNT

48,591,842 shares

FTNT

Recent Charitable Transactions

FTNT

7,767,732 shares

FTNT

Feb 11, 2025

Charity

FTNT

15,000,000 shares

FTNT

Dec 20, 2022

Charity

FTNT

375,910 shares

FTNT

Dec 31, 2016

Charity

FTNT

99,000 shares

FTNT

Dec 31, 2015

Charity

FTNT

18,000 shares

FTNT

Aug 1, 2015

Charity

FTNT

6,000 shares

FTNT

Jun 2, 2015

Charity

Insider Trading

See recent insider trades of Ken Xie.

FTNT

$20.12M

FTNT at $97.65/share

Mar 10, 2025

Sale

FTNT

$9.78M

FTNT at $107.71/share

Feb 11, 2025

Sale

FTNT

7,767,732 shares

FTNT

Feb 11, 2025

Charity

FTNT

$4.28M

FTNT at $92.91/share

Jan 14, 2025

Sale

FTNT

$4.44M

FTNT at $96.78/share

Dec 17, 2024

Sale

FTNT

$4.53M

FTNT at $98.88/share

Nov 12, 2024

Sale

FTNT

$3.84M

FTNT at $82.32/share

Oct 15, 2024

Sale

FTNT

$3.55M

FTNT at $75.44/share

Sep 17, 2024

Sale

FTNT

$3.42M

FTNT at $72.08/share

Aug 13, 2024

Sale

FTNT

$2.91M

FTNT at $60.03/share

Jul 15, 2024

Sale

Compensation History

See how much did Ken Xie make over time.

In 2023, Ken Xie's total compensation was approximately $1.65 million, primarily divided into a base salary of $622,000 and a bonus of just under $598,000, after hitting key performance targets for revenue and operating income. His compensation structure is designed to motivate him closely aligned with Fortinet's success. In 2022, his compensation was slightly lower at about $1.49 million, reflecting the company's performance metrics for that year. The interesting part about Ken's salary is that it is significantly influenced by the company's operational earnings and revenue growth, ensuring his incentives align with the organization's goals. This performance-based approach is a standard practice to attract and keep top-tier executives in tech, particularly in competitive areas like cybersecurity.

Year

2023

Total Compensation

$7.19M

Salary

$622.00K

Board Justification

The compensation program is designed to attract, retain, and motivate executives to enhance stockholder value, with a significant portion of compensation linked to performance metrics.

Bonus

$597.92K

Board Justification

Based on achievement of revenue and operating income targets, with 70% of the bonus pool funding based on revenue achievement and 30% based on operating income achievement for 2023.

Other

$0.00

Board Justification

No other compensation reported for 2023.

Restricted Stock

$5.97M(100.16K RSU)

Board Justification

Represents time-based restricted stock units (RSUs) that vested in 2023.

Performance Metrics

Revenue and operating income targets.