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F. Thomson Leighton takes a $1 salary, but AKAMAI TECHNOLOGIES INC's DEF 14A reports $15.1M in total compensation for FY2024. The largest component was $15.1M in stock awards. Most of the gap was $15.1M in stock awards. That’s up 13% from FY2023. Source: SEC DEF 14A.
In fiscal year 2024, F. Thomson Leighton, Chief Executive Officer of AKAMAI TECHNOLOGIES INC (AKAM), received total compensation of $15.1 million.
F. Thomson Leighton's compensation breakdown includes: base salary of $1, stock awards valued at $15.1 million,.
Compared to fiscal year 2023, F. Thomson Leighton's total compensation increased 13% from $13.4 million to $15.1 million.
AKAMAI TECHNOLOGIES INC's top 5 named executive officers received combined total compensation of $37.2 million in fiscal year 2024.
The named executive officers disclosed in AKAMAI TECHNOLOGIES INC's 2024 proxy statement are:F. Thomson Leighton (Chief Executive Officer) with total compensation of $15.1 million, Adam Karon (COO and General Manager of the Cloud Technology Group) with total compensation of $6.8 million, Edward J. McGowan (EVP Chief Financial Officer and Treasurer) with total compensation of $5.5 million, Mani Sundaram (EVP and General Manager Security Technology Group) with total compensation of $5.0 million, and Paul C. Joseph (EVP Global Sales and Services) with total compensation of $4.8 million.
Source Filing
Executive Record
F. Thomson Leighton
Chief Executive Officer
Reported Pay
$15.1M
Summary compensation table total · FY2024
Findings
Reviewing FY2024 compensation of $15.1M against -19% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +13%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for AKAM.
Team view
5 executives
Chief Executive Officer
Total PayFY2024
$15.1M
COO and General Manager of the Cloud Technology Group
Total PayFY2024
$6.8M
EVP Chief Financial Officer and Treasurer
Total PayFY2024
$5.5M
EVP and General Manager Security Technology Group
Total PayFY2024
$5.0M
EVP Global Sales and Services
Total PayFY2024
$4.8M
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01FY2024 total compensation breakdown
$15.1M total compensation
F. Thomson Leighton earned $15.1M in FY2024 — here's how that breaks down.
$15.1M
100% of total
$1
0% of total
Activity timeline · FY2024
Recent events from filings
Apr 1, 2025
F. Thomson Leighton Equity award
Apr 1, 2025
Edward J. McGowan Equity award
Apr 1, 2025
Paul C. Joseph Equity award
Apr 1, 2025
Adam Karon Equity award
Apr 1, 2025
Mani Sundaram Equity award
Apr 1, 2025
F. Thomson Leighton grant (Equity)
Mar 4, 2024
F. Thomson Leighton — Restricted Stock Units | Annual Vesting RSUs: Dollar value of $6,750,000, vesting 1/3 on each of the first, second, and third anniversaries of the grant date.; Corporate Performance-Based RSUs: Target dollar value of $2,700,000, maximum $5,400,000. Vesting based on revenue and non-GAAP EPS targets over 2024-2026. Earned RSUs vest upon certification of 2026 results.; Stock Performance-Based RSUs: Target dollar value of $4,050,000, maximum $8,100,000. Vesting based on relative Total Shareholder Return (TSR) against S&P 500 Index over 2024-2026. Earned RSUs vest upon certification of 2026 results.; Number of RSUs calculated by dividing dollar value by closing stock price on grant date.; RSUs represent the right to receive one share of Akamai common stock upon vesting.
Mar 4, 2024
Edward J. McGowan — Restricted Stock Units | Annual Vesting RSUs: Dollar value of $2,205,000, vesting 1/3 on each of the first, second, and third anniversaries of the grant date.; Corporate Performance-Based RSUs: Target dollar value of $882,000, maximum $1,764,000. Vesting based on revenue and non-GAAP EPS targets over 2024-2026. Earned RSUs vest upon certification of 2026 results.; Stock Performance-Based RSUs: Target dollar value of $1,323,000, maximum $2,646,000. Vesting based on relative Total Shareholder Return (TSR) against S&P 500 Index over 2024-2026. Earned RSUs vest upon certification of 2026 results.; Number of RSUs calculated by dividing dollar value by closing stock price on grant date.; RSUs represent the right to receive one share of Akamai common stock upon vesting.
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the large-cap median compensation benchmark for companies around $13.0B market cap, based on 312 peers in this size band.
03Recent insider trades by officers and directors
~40 trades
04Board composition and compensation for FY2026
This company is expected to file its proxy statement soon.
05Take action on executive compensation
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2024 | F. Thomson Leighton Chief Executive Officer | $0.00M | $0.00M | $15.1M | $0.00M | $0.00M | $15.1M |
| 2023 | F. Thomson Leighton Chief Executive Officer | $0.00M | $0.00M | $13.4M | $0.00M | $0.00M | $13.4M |
| 2022 | F. Thomson Leighton Chief Executive Officer | $0.00M | $0.00M | $12.0M | $0.00M | $0.00M | $12.0M |
| 2021 | F. Thomson Leighton Chief Executive Officer | $0.00M | $0.00M | $12.0M | $0.00M | $0.00M | $12.0M |
| 2020 | F. Thomson Leighton Chief Executive Officer | $0.00M | $0.00M | $11.8M | $0.00M | $0.00M | $11.8M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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AKAMAI TECHNOLOGIES INC (AKAM) — Key Facts
Last updated Apr 5, 2026 · DEF 14A filed Apr 1, 2025
| CEO | F. Thomson Leighton, Chief Executive Officer |
|---|---|
| Fiscal year | FY2024 |
| Total compensation | $15.1M |
| Base salary | $1 |
| Stock awards | $15.1M |
| Year-over-year change | +13% |
| Source | DEF 14A, 2025-04-01 |
F. Thomson Leighton's base salary at AKAMAI TECHNOLOGIES INC was $1. Total compensation was $15.1 million in fiscal year 2024. Most of the gap was $15.1 million in stock awards.
F. Thomson Leighton's base salary at AKAMAI TECHNOLOGIES INC is $1 per year as of fiscal year 2024. The larger reported compensation figure of $15.1 million is mostly $15.1 million in stock awards.
AKAMAI TECHNOLOGIES INC's CEO, F. Thomson Leighton, earned $15.1 million in total compensation for fiscal year 2024. Base salary was $1, and most of the remaining total was $15.1 million in stock awards.