Sundar PichaiSundar Pichai earned $164M in 2023

Sumedh Thakar, born in 1976, is the CEO of Qualys, Inc. He has been with the company since 2003, climbing through the ranks from Principal Engineer to President and finally CEO in 2021. He holds a Bachelor's degree in Computer...

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Sumedh Thakar

CEO of Qualys, Inc.

Education

Bachelor's degree in Computer Science from the University of Pune, India.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1976 - 49 years ago

CEO of Qualys, Inc. for

4 years 1 month (Apr 2021 - Present)

Previous Experience

Joined Qualys in 2003, served in various roles including Vice President of Engineering.

Holdings

See how much did Sumedh Thakar make over time.

Sumedh Thakar has seen serious fluctuations in his holdings of Qualys stock over the years. At one point, he vested over 86,000 RSUs worth over $10 million based on the stock's value at that time. As of 2023, his vested...

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Total Stock Sold

$81.30M

QLYS

$81.30M

816,771 QLYS shares

What if they kept their stock?

If Sumedh Thakar didn't sell their stock, today they would have:
Extra QLYS816,771 shares worth $90.59M.
This is 11.42% and $9.29M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Sumedh Thakar.

QLYS

$17.57K

QLYS at $103.94/share

Feb 14, 2025

Received

QLYS

$997.84K

QLYS at $142.55/share

Feb 14, 2025

Sale

QLYS

54,424 shares

QLYS

Jan 30, 2025

Received

QLYS

$941.51K

QLYS at $134.50/share

Jan 14, 2025

Sale

QLYS

$1.04M

QLYS at $148.00/share

Dec 16, 2024

Sale

QLYS

$1.05M

QLYS at $150.29/share

Nov 14, 2024

Sale

QLYS

$1.20M

QLYS at $167.50/share

Nov 6, 2024

Sale

QLYS

59,953 shares

QLYS

Oct 30, 2024

Received

QLYS

$882.42K

QLYS at $126.06/share

Oct 14, 2024

Sale

QLYS

$882.86K

QLYS at $126.12/share

Sep 16, 2024

Sale

Compensation History

See how much did Sumedh Thakar make over time.

In 2023, Sumedh Thakar's total compensation was about $7.78 million. This figure mainly comes from his salary, bonuses, and a substantial amount of stock compensation. Specifically, he received a base salary of approximately $558,333, along with a cash bonus around $283,796 tied to company performance. The bulk of his earnings, however, came from vested stock valued at around $6.93 million, showing how much of his pay is linked to the performance of Qualys. This compensation structure is designed to align his interests with those of shareholders, ensuring he is focused on long-term growth and profitability. Previous years showed a consistent rise in his earnings, particularly in 2022 when his stock awards soared, reflecting the company's growth during that period. The arrangements seem to balance immediate performance incentives with longer-term financial rewards, a strategy that can instill confidence in the company’s direction.

Year

2023

Total Compensation

$7.78M

Salary

$558.33K

Board Justification

Qualys aims to attract and retain top talent through competitive compensation packages that align with company performance and shareholder interests.

Bonus

$283.80K

Board Justification

Cash incentive compensation earned under the 2023 Corporate Bonus Plan based on performance metrics including bookings growth, revenue growth, and non-GAAP EPS.

Other

$9.61K

Board Justification

Includes 401(k) matching contributions and life insurance premiums.

Restricted Stock

$6.93M(45.55K RSU)

Board Justification

Time-based RSUs granted in 2023, vesting over four years, subject to continued service.

Performance Metrics

Performance metrics for bonuses include bookings growth, revenue growth, and non-GAAP EPS.

Other Qualys, Inc. CEOs

Here are other CEOs of Qualys, Inc.