Sundar PichaiSundar Pichai earned $164M in 2023

Paul Sagan, the former CEO of Akamai Technologies, has a solid background in government, holding a degree from Harvard University. His tenure at Akamai spanned from 2005 to 2013, a period marked by growth and innovation in the tech industry....

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Paul Sagan

Ex-CEO of Akamai Technologies

Education

Bachelor's degree in Government from Harvard University

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

April 30, 1956 - 69 years ago

CEO of Akamai Technologies for

7 years 9 months (Apr 2005 - Jan 2013)

Previous Experience

President of Akamai Technologies, Inc.

Holdings

See how much did Paul Sagan make over time.

Paul Sagan's stock holdings have seen dramatic fluctuations, particularly between 2019 and 2021. The value of his shares reached a peak of over $200 million in August 2021, showcasing his significant investment in Akamai. Over time, his investments showed a...

Total Stock Sold

$88.54M

AKAM

$86.66M

1,593,742 AKAM shares

IRBT

$1.88M

47,500 IRBT shares

What if they kept their stock?

If Paul Sagan didn't sell their stock, today they would have:
Extra AKAM1,593,742 shares worth $162.31M and IRBT47,500 shares worth $3.83M.
This is 87.65% and $77.60M more than what they got when they sold the stock.

Charitable Transactions

AKAM

357,533 shares

AKAM

Recent Charitable Transactions

AKAM

28,000 shares

AKAM

Dec 31, 2018

Charity

AKAM

53,123 shares

AKAM

Dec 31, 2018

Charity

AKAM

44,497 shares

AKAM

Dec 9, 2016

Charity

AKAM

31,250 shares

AKAM

Jan 2, 2015

Charity

AKAM

30,663 shares

AKAM

Jun 30, 2014

Charity

Insider Trading

See recent insider trades of Paul Sagan.

AKAM

28,000 shares

AKAM

Dec 31, 2018

Charity

AKAM

$3.91M

AKAM at $70.46/share

Nov 9, 2018

Sale

AKAM

$2.94M

AKAM at $75.19/share

Aug 7, 2018

Sale

AKAM

$3.11M

AKAM at $79.51/share

Jul 24, 2018

Sale

AKAM

$2.98M

AKAM at $76.09/share

Jul 10, 2018

Sale

AKAM

53,123 shares

AKAM

Dec 31, 2018

Charity

AKAM

$886.04K

AKAM at $49.53/share

Jun 14, 2017

Sale

Compensation History

See how much did Paul Sagan make over time.

Paul Sagan's compensation at Akamai Technologies varied significantly through the years, peaking at nearly $9.77 million in 2012 despite not receiving a cash bonus that year. His compensation model was heavily influenced by performance metrics, emphasizing revenue and non-GAAP pre-tax income. This approach was designed to ensure that his interests were aligned with those of the shareholders. Over the years, he also received substantial amounts in stock options and vested shares, particularly in the years 2010 and 2011, which laid the groundwork for his total earnings. Overall, Sagan’s compensation illustrates a strong performance-based structure aimed at retaining top talent at Akamai.

Year

2013

Total Compensation

$6.11M

Salary

$1.00

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive interests with those of shareholders, and retaining key talent through competitive compensation packages.

Bonus

$2.00

Board Justification

Cash incentive bonus based on performance metrics including revenue and non-GAAP pre-tax income, with actual payout at 153.3% of target.

Other

$139.03K

Board Justification

Other compensation includes expenses incurred by the CEO at company events and related tax gross-ups.

Restricted Stock

$5.97M(126.41K RSU)

Board Justification

Performance-Based RSUs earned based on achieving financial targets, vesting in two installments on the 2nd and 3rd anniversaries of the grant date.

Performance Metrics

Revenue and non-GAAP pre-tax income as primary metrics for cash bonuses, with performance-based RSUs linked to operating free cash flow and revenue from key business lines.