Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Rick McConnell earned $8.36M in total compensation at Akamai Technologies, including $655.00K salary, $696.27K bonus and $6.98M in stock. Most recently sold 40,000 shares in Feb 2025. Currently holds stock worth $9.21M. 3+ years at the helm of Akamai Technologies.

Compensation History

Annual executive compensation data for Rick McConnell, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$8.36M

Salary

$655.00K

Bonus

$696.27K

Other

$31.56K

Salary

$655.00K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives, aligning their interests with those of stockholders through a significant portion of performance-based pay.

Bonus

$696.27K

Board Justification

Annual short-term incentive bonus based on company performance metrics for fiscal 2024, resulting in a payout of 106.3% of target.

Other Compensation

$31.56K

Board Justification

Includes contributions to health insurance premiums, 401(k) matching contributions, and other benefits.

Restricted Stock

$6.98M150.54K RSU

Board Justification

Time-based RSUs granted on June 5, 2023, vesting over three years with 33% vesting on the first anniversary and the remainder vesting quarterly thereafter.

Performance Metrics

Annual Recurring Revenue (ARR) and Non-GAAP Operating Income (NGOI) targets for fiscal 2024.

A

Rick McConnell

CEO of Akamai Technologies

Education

Bachelor's degree in Computer Science from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

June 1, 1967 - 58 years ago

CEO of Akamai Technologies for

3 years 7 months (May 2022 - Present)

Previous Experience

President and General Manager of the Security Technology Group at Akamai Technologies, Inc.

Holdings

Track Rick McConnell's stock holdings and portfolio value over time.

Total Stock Sold

$45.01M

AKAM

$20.50M

316,683 AKAM shares

DT

$24.51M

477,565 DT shares

What if they kept their stock?

If Rick McConnell didn't sell their stock, today they would have:
Extra AKAM316,683 shares worth $26.44M and DT477,565 shares worth $21.23M.
This is 5.9% and $2.66M more than what they got when they sold the stock.

Insider Trading

Rick McConnell's recent stock transactions, purchases, and sales filed with the SEC.

DT

$2.43M

DT at $60.74/share

Feb 20, 2025

Sale

DT

$2.47M

DT at $61.78/share

Feb 14, 2025

Sale

DT

$1.60M

DT at $53.28/share

Nov 11, 2024

Sale

DT

$2.58M

DT at $51.50/share

Sep 16, 2024

Sale

DT

$2.32M

DT at $46.41/share

Jun 13, 2024

Sale

DT

176,896 shares

DT

Jun 5, 2024

Received

DT

204,731 shares

DT

May 15, 2024

Received

DT

$1.16M

DT at $46.29/share

Mar 15, 2024

Sale

DT

$562.65K

DT at $46.88/share

Mar 6, 2024

Sale

DT

$103.36K

DT at $51.91/share

Feb 16, 2024

Sale

Rivals

Compare Rick McConnell with competitor CEOs and industry peers.