Yakov Faitelson is the CEO of Varonis Systems, Inc., where he's been leading since 2014. He holds a Bachelor's degree in Computer Science from Bar-Ilan University, giving him a strong foundation in technology. Under his leadership, Varonis has focused on...

Yakov Faitelson is the CEO of Varonis Systems, Inc., where he's been leading since 2014. He holds a Bachelor's degree in Computer Science from Bar-Ilan University, giving him a strong foundation in technology. Under his leadership, Varonis has focused on data security and analytics, which are crucial as companies increasingly rely on web-based services. With strong performance metrics, Faitelson has been able to link executive pay to the company's performance effectively. In 2023, he earned a total compensation of approximately $14 million, which includes his salary, stock options, and other benefits. Interestingly, he had no bonus in 2023, but he did receive a substantial amount in vested stocks. His approach to executive compensation reflects his aim to align the interests of executives with long-term company goals and shareholder values, which could be important for future growth and stability. His experience and educational background have guided his strategy in navigating the tech industry's challenges and opportunities.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Varonis Systems CEOs

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Yakov Faitelson

Founder and CEO of Varonis Systems

Education

Bachelor's degree in Computer Science from Bar-Ilan University

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1968 - 57 years ago

CEO of Varonis Systems for

10 years 11 months (Jul 2014 - Present)

Previous Experience

Founder of Varonis Systems, Inc. and served as CEO since July 2014.

Rivals

Competitors/colleagues of Yakov Faitelson

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Corey Thomas

CEO of Rapid7

2023 Compensation

Stock

$956.03K

Salary

$443.00K

Bonus

$446.15K

Other

$3.00K

Total Holdings

$29.41M

Holdings

See how much did Yakov Faitelson make over time.

Yakov Faitelson's holdings in Varonis Systems show significant fluctuations over the years. At one point, his wealth was heavily dependent on these holdings. For instance, he owned 224,792 shares in 2022 when their value nearly reached $12 million. In contrast,...

Yakov Faitelson's holdings in Varonis Systems show significant fluctuations over the years. At one point, his wealth was heavily dependent on these holdings. For instance, he owned 224,792 shares in 2022 when their value nearly reached $12 million. In contrast, in 2023, his holdings in Varonis gained even more traction with an estimated value hitting around $11.8 million. This change indicates not only confidence in the company's future but also reflects the ups and downs of stock market performance. By tying his compensation to company performance, Faitelson’s net worth fluctuates intensely, showing a hands-on approach to his investments and a commitment to the company's growth. This aligns his financial outcomes directly with the company's performance, a strategy that can foster accountability.

Mar 18, 2025

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shares

VRNS @ $41.51

Total Stock Sold

$52.51M

VRNS

$52.51M

6,130,953 VRNS shares

What if they kept their stock?

If Yakov Faitelson didn't sell their stock, today they would have:
Extra VRNS6,130,953 shares worth $171.95M.
This is 227.49% and $119.45M more than what they got when they sold the stock.

Charitable Transactions

VRNS

695,651 shares

VRNS

Recent Charitable Transactions

VRNS

64,879 shares

VRNS

May 4, 2023

Charity

VRNS

93,569 shares

VRNS

Mar 15, 2023

Charity

VRNS

188,505 shares

VRNS

Nov 28, 2022

Charity

VRNS

123,530 shares

VRNS

Nov 4, 2022

Charity

VRNS

68,517 shares

VRNS

Aug 25, 2022

Charity

VRNS

45,791 shares

VRNS

Dec 14, 2020

Charity

Insider Trading

See recent insider trades of Yakov Faitelson.

VRNS

201,239 shares

VRNS

Feb 3, 2025

Received

VRNS

$14.89M

VRNS at $44.88/share

May 9, 2024

Sale

VRNS

134,159 shares

VRNS

Feb 7, 2024

Received

VRNS

682,776 shares

VRNS

Feb 1, 2024

Received

VRNS

$149.83K

VRNS at $23.13/share

May 4, 2023

Purchase

VRNS

64,879 shares

VRNS

May 4, 2023

Charity

VRNS

64,879 shares

VRNS

May 4, 2023

Charity

VRNS

66,278 shares

VRNS

Mar 15, 2023

Charity

VRNS

93,569 shares

VRNS

Mar 15, 2023

Charity

VRNS

227,592 shares

VRNS

Feb 8, 2023

Received

Compensation History

See how much did Yakov Faitelson make over time.

Yakov Faitelson received total compensation of about $14 million in 2023, outlined as part salary and long-term stock incentives. His salary was stable at $560,000, but unlike previous years, he didn’t get any bonuses this time. Instead, most of his wealth came from vested stock options that are likely to pay off over a period of four years. This reflects a strategic decision where the company rewards long-term growth over immediate gains. In past years, such as 2022, Faitelson earned significant bonuses tied to Varonis's performance metrics, demonstrating a solid link between his compensation and the health of the company. This kind of structure helps to align goals with shareholders and can motivate a focus on long-term success rather than short-lived performance spikes.

Year

2023

Total Compensation

$10.89M

Salary

$560.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, focusing on long-term value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023.

Other

$24.92K

Board Justification

Includes company matching contributions to the 401(k) savings plan and car allowance.

Restricted Stock

$10.31M(227.59K RSU)

Board Justification

The stock awards granted in 2023 are subject to vesting over four years, with the first installment vesting on February 29, 2024.

Performance Metrics

The performance metrics for the cash incentive plan are based on the achievement of company-wide financial goals.

Other Varonis Systems CEOs

Here are other CEOs of Varonis Systems

Eric Mann

Ex-CEO of Varonis Systems

January 2016 - May 2017