In 2023, Ken Xie earned $7.19M in total compensation at Fortinet, including $622.00K salary, $597.92K bonus and $5.97M in stock. Most recently sold 618,000 shares in Mar 2025. Currently holds stock worth $4.48B. Has donated $4.14B in stock to charitable causes. Has led Fortinet for over 25 years.
Compensation History
Annual executive compensation data for Ken Xie, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$7.19M
Salary
$622.00K
Bonus
$597.92K
Other
$0.00
Salary
$622.00KBoard 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
$597.92KBoard 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 Compensation
$0.00Board Justification
No other compensation reported for 2023.
Restricted Stock
Board Justification
Represents time-based restricted stock units (RSUs) that vested in 2023.
Performance Metrics
Revenue and operating income targets.
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
25 years 2 months (Oct 2000 - Present)
Previous Experience
Founder, President and CEO of NetScreen Technologies
Holdings
Track Ken Xie's stock holdings and portfolio value over time.
Total Stock Sold
$193.02M
$193.02M
10,702,318 FTNT shares
What if they kept their stock?
If Ken Xie didn't sell their stock, today they would have:
Extra FTNT10,702,318 shares worth $910.77M.
This is 371.86% and $717.75M more than what they got when they sold the stock.
Charitable Transactions
48,591,842 shares
FTNT
Recent Charitable Transactions
7,767,732 shares
FTNT
Feb 11, 2025
Charity
15,000,000 shares
FTNT
Dec 20, 2022
Charity
375,910 shares
FTNT
Dec 31, 2016
Charity
99,000 shares
FTNT
Dec 31, 2015
Charity
18,000 shares
FTNT
Aug 1, 2015
Charity
6,000 shares
FTNT
Jun 2, 2015
Charity
Insider Trading
Ken Xie's recent stock transactions, purchases, and sales filed with the SEC.
$60.35M
FTNT at $97.65/share
Mar 10, 2025
Sale
$9.78M
FTNT at $107.71/share
Feb 11, 2025
Sale
7,767,732 shares
FTNT
Feb 11, 2025
Charity
$4.28M
FTNT at $92.91/share
Jan 14, 2025
Sale
$4.44M
FTNT at $96.78/share
Dec 17, 2024
Sale
$4.53M
FTNT at $98.88/share
Nov 12, 2024
Sale
$3.84M
FTNT at $82.32/share
Oct 15, 2024
Sale
$3.55M
FTNT at $75.44/share
Sep 17, 2024
Sale
$3.42M
FTNT at $72.08/share
Aug 13, 2024
Sale
$2.91M
FTNT at $60.03/share
Jul 15, 2024
Sale
Rivals
Compare Ken Xie with competitor CEOs and industry peers.
Nikesh Arora
CEO of Palo Alto Networks, Inc.
2024 Compensation
Stock
$87.38M
Salary
$1.00M
Bonus
$1.20M
Other
$720.00
Total Holdings
$637.68M
Jay Chaudhry
Founder and CEO of Zscaler
2022 Compensation
Stock
$41.51M
Salary
$23.66K
Bonus
$0.00
Other
$0.00
Total Holdings
$61.56M
Jeff T. Green
Founder and CEO of The Trade Desk
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$4.78M
Other
$34.63K
Total Holdings
$5.08B
Brian Chesky
Founder and CEO of Airbnb
2023 Compensation
Stock
$0.00
Salary
$1.00
Bonus
$0.00
Other
$295.12K
Total Holdings
$8.35B
George Kurtz
Founder and CEO of CrowdStrike Holdings, Inc.
2024 Compensation
Stock
$207.07M
Salary
$1.00M
Bonus
$1.33M
Other
$1.02M
Total Holdings
$38.97M