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Ken Xie received $11.5M in total compensation as Chief Executive Officer of Fortinet, Inc. in FY2025. The largest component was $10.2M in stock awards. That’s down 13% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Ken Xie, Chief Executive Officer of Fortinet, Inc. (FTNT), received total compensation of $11.5 million.
Ken Xie's compensation breakdown includes: base salary of $597K, stock awards valued at $10.2 million, non-equity incentive compensation of $706K,.
Compared to fiscal year 2024, Ken Xie's total compensation decreased 13% from $13.1 million to $11.5 million.
Fortinet, Inc.'s top 5 named executive officers received combined total compensation of $34.2 million in fiscal year 2025.
The named executive officers disclosed in Fortinet, Inc.'s 2025 proxy statement are:Ken Xie (Chief Executive Officer) with total compensation of $11.5 million, Michael Xie (President and Chief Technology) with total compensation of $6.6 million, John Whittle (Chief Operating Officer) with total compensation of $6.0 million, Keith Jensen (Former Chief Financial Officer) with total compensation of $5.7 million, and Christiane Ohlgart () with total compensation of $4.4 million.
Source Filing
Executive Record
Ken Xie
Chief Executive Officer
Reported Pay
$11.5MSummary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $11.5M against -16% 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 FTNT.
Team view
5 executives
Chief Executive Officer
Total PayFY2025
$11.5M
President and Chief Technology
Total PayFY2025
$6.6M
Chief Operating Officer
Total PayFY2025
$6.0M
Former Chief Financial Officer
Total PayFY2025
$5.7M
Total PayFY2025
$4.4M
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01FY2025 total compensation breakdown
$11.5M total compensation
Ken Xie earned $11.5M in FY2025— here's how that breaks down.
$10.2M
89% of total
$705.9K
6% of total
$597.0K
5% of total
Activity timeline · FY2025
Recent events from filings
Apr 29, 2026
Ken Xie Cash
Apr 29, 2026
Michael Xie Cash
Apr 29, 2026
Christiane Ohlgart Cash
Apr 29, 2026
Keith Jensen Cash
Apr 29, 2026
John Whittle Cash
Apr 29, 2026
Ken Xie grant (Cash)
Nov 19, 2025
Keith Jensen rsu (Grant FV $46,881)
Aug 20, 2025
Christiane Ohlgart rsu (Grant FV $382,924)
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 $116.2B market cap, based on 333 peers in this size band.
03Recent insider trades by officers and directors
~40 trades
04Showing FY2025 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | $0.60M | $0.71M | $10.2M | $0.00M | $0.00M | $11.5M | |
| 2024 | $0.60M | $0.61M | $11.9M | $0.00M | $0.00M | $13.1M | |
| 2023 | $0.62M | $0.60M | $15.1M | $0.00M | $0.00M | $16.3M | |
| 2022 | $0.80M | $0.98M | $5.98M | $6.45M | $0.00M | $14.2M | |
| 2021 | $0.80M | $1.02M | $6.24M | $6.15M | $0.00M | $14.2M | |
| 2020 | $0.79M | $0.98M | $4.70M | $4.17M | $0.00M | $10.7M |
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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Fortinet, Inc. (FTNT) — Key Facts
Last updated Jun 26, 2026 · DEF 14A filed Apr 29, 2026
| CEO | Ken Xie, Chief Executive Officer |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $11.5M |
| Base salary | $597K |
| Stock awards | $10.2M |
| Year-over-year change | -13% |
| Source | DEF 14A, 2026-04-29 |
Ken Xie, the Chief Executive Officer of Fortinet, Inc., received total compensation of $11.5 million in fiscal year 2025. This includes base salary of $597,000 and stock awards valued at $10.2 million.
Ken Xie's base salary at Fortinet, Inc. is $597,000 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $11.5 million.
Fortinet, Inc.'s CEO, Ken Xie, earned $11.5 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($10.2 million) rather than base salary ($597,000).