Sundar PichaiSundar Pichai earned $164M in 2023

Lee Chen served as the CEO of A10 Networks from January 2010 until his resignation in December 2019. With a background in technology, Chen has held various roles in the tech industry, including a senior job at Foundry Networks. He...

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Lee Chen

Founder and Ex-CEO of A10 Networks

Education

Not specified

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1967 - 58 years ago

CEO of A10 Networks for

9 years 11 months (Jan 2010 - Dec 2019)

Previous Experience

Founder of A10 Networks, Inc.

Rivals

Competitors/colleagues of Lee Chen

Holdings

See how much did Lee Chen make over time.

At the height of his tenure, Lee Chen owned 10,793,264 shares of A10 Networks, which represented roughly 15.57% of the company. This significant ownership highlights his deep commitment and investment in the firm's future. His wealth in stock peaked as...

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Total Stock Sold

$24.03M

ATEN

$24.03M

3,400,000 ATEN shares

What if they kept their stock?

If Lee Chen didn't sell their stock, today they would have:
Extra ATEN3,400,000 shares worth $24.62M.
This is 2.42% and $581.50K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Lee Chen.

ATEN

$13.20M

ATEN at $6.00/share

May 18, 2020

Sale

ATEN

$188.38K

ATEN at $7.54/share

Jan 9, 2018

Sale

ATEN

$192.65K

ATEN at $7.71/share

Jan 2, 2018

Sale

ATEN

$193.45K

ATEN at $7.74/share

Dec 29, 2017

Sale

ATEN

$195.28K

ATEN at $7.81/share

Dec 21, 2017

Sale

ATEN

$194.00K

ATEN at $7.76/share

Dec 13, 2017

Sale

ATEN

$191.45K

ATEN at $7.66/share

Dec 5, 2017

Sale

ATEN

$202.70K

ATEN at $8.11/share

Nov 27, 2017

Sale

ATEN

$201.68K

ATEN at $8.07/share

Nov 22, 2017

Sale

ATEN

$182.50K

ATEN at $7.30/share

Nov 16, 2017

Sale

Compensation History

See how much did Lee Chen make over time.

Lee Chen's compensation as CEO of A10 Networks took a unique path. Throughout much of his tenure, he was not on a traditional salary, having an arrangement that focused on stock equity rather than direct cash payment. Over the years, his compensation varied significantly—especially notable was 2017 when he accumulated a total compensation valued at $2,228,025, primarily from stock awards. However, by 2018 and 2019, his lack of a traditional salary and nearing retirement meant he did not earn any compensation at all. In fact, in his last year, Lee did not receive a single dollar in salary, bonus, or equity grants. This reflects a pattern of aligning leadership incentives directly with the company's performance, showcasing how high-stakes leadership in tech can significantly shift as companies evolve. Chen ultimately left A10 with no financial reward for his final year, emphasizing the risks executives share with company shareholders.

Year

2019

Total Compensation

$0.00

Salary

$0.00

Board Justification

The compensation philosophy for the CEO aligns with company performance and retention strategies, focusing on long-term value creation.

Bonus

$0.00

Board Justification

Lee Chen was not eligible to receive an annual cash bonus in 2019 due to his resignation as CEO in December 2019.

Other

$0.00

Board Justification

Lee Chen did not receive any other compensation in 2019.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested for Lee Chen in 2019 as he did not receive any stock grants or options that vested during the year.

Performance Metrics

Lee Chen's performance metrics were not applicable in 2019 due to his resignation.

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