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Fortinet, Inc.

FTNT · FY2025

MIXED

CEO Package

$11.5M

Pay Ratio

—

Ken Xie

Both pay and TSR fell, but the reset was partial

LOGITECH INTERNATIONAL S.A.

LOGI · FY2025

MIXED

CEO Package

$10.6M

Pay Ratio

—

Johanna Hanneke Faber

Pay and TSR both rose, but not in lockstep

Palo Alto Networks Inc

PANW · FY2025

MISALIGNED

CEO Package

$99.7M

Pay Ratio

—

Nikesh Arora

Pay rose +71.8% while TSR fell -22.2 pts

CEOTotal Compensation — All Companies

FTNT$11.5MLOGI$10.6MPANW$99.7M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

PANW carries the largest package at $99.7M, about 9.4x LOGI.
PANW reads misaligned, while FTNT looks mixed.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

FTNT

Ken Xie

$11.5M

base salary5%
stock awards89%
non-equity incentive compensation6%

LOGI

Johanna Hanneke Faber

$10.6M

base salary13%
stock awards51%
non-equity incentive compensation30%
other compensation6%

PANW

Nikesh Arora

$99.7M

base salary1%
stock awards95%
non-equity incentive compensation1%
other compensation3%

Quick Comparison

CompanyCEOLatest YearTotal Comp
Fortinet, Inc.(FTNT)Ken Xie2025$11.5M
LOGITECH INTERNATIONAL S.A.(LOGI)Johanna Hanneke Faber2025$10.6M
Palo Alto Networks Inc(PANW)Nikesh Arora2025$99.7M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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