VMware Management

Management criteria checks 3/4

VMware's CEO is Raghu Raghuram, appointed in Jun 2021, has a tenure of 2.42 years. total yearly compensation is $13.21M, comprised of 7.6% salary and 92.4% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €61.27M. The average tenure of the management team and the board of directors is 2.4 years and 7.2 years respectively.

Key information

Raghu Raghuram

Chief executive officer

US$13.2m

Total compensation

CEO salary percentage	7.6%
CEO tenure	2.4yrs
CEO ownership	0.1%
Management average tenure	2.4yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Raghu Raghuram's remuneration changed compared to VMware's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 04 2023	n/a	n/a	US$1b
May 05 2023	n/a	n/a	US$1b
Feb 03 2023	US$13m	US$1m	US$1b
Oct 28 2022	n/a	n/a	US$1b
Jul 29 2022	n/a	n/a	US$2b
Apr 29 2022	n/a	n/a	US$2b
Jan 28 2022	US$32m	US$899k	US$2b
Oct 29 2021	n/a	n/a	US$2b
Jul 30 2021	n/a	n/a	US$2b
Apr 30 2021	n/a	n/a	US$2b
Jan 29 2021	US$14m	US$652k	US$2b
Oct 30 2020	n/a	n/a	US$2b
Jul 31 2020	n/a	n/a	US$2b
May 01 2020	n/a	n/a	US$6b
Jan 31 2020	US$14m	US$700k	US$6b
Nov 01 2019	n/a	n/a	US$6b
Aug 02 2019	n/a	n/a	US$6b
May 03 2019	n/a	n/a	US$1b
Feb 01 2019	US$11m	US$700k	US$2b
Nov 02 2018	n/a	n/a	US$2b
Aug 03 2018	n/a	n/a	US$2b
May 04 2018	n/a	n/a	US$1b
Feb 02 2018	US$9m	US$700k	US$437m
Feb 03 2017	US$780k	US$58k	-US$60m
Dec 31 2016	US$12m	US$621k	US$1b

Compensation vs Market: Raghu's total compensation ($USD13.21M) is above average for companies of similar size in the Austrian market ($USD4.03M).

Compensation vs Earnings: Raghu's compensation has been consistent with company performance over the past year.

CEO

Raghu Raghuram (60 yo)

2.4yrs

Tenure

US$13,209,399

Compensation

Mr. Rangarajan Raghuram, also known as Raghu, serves as Chief Executive Officer and serves as a Director at VMware, Inc. since June 01, 2021. He served as Chief Executive Officer of VMware at Dell Technolo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rangarajan Raghuram	CEO & Director	2.4yrs	US$13.21m	0.11% € 61.3m
Sumit Dhawan	President	2.4yrs	US$8.41m	0.028% € 16.0m
Karen Dykstra	Executive VP	less than a year	US$411.75k	0.0032% € 1.8m
Amy Olli	Executive VP	6.3yrs	US$5.40m	0.024% € 13.5m
Jean-Pierre Brulard	Executive Vice President of Worldwide Sales	3.8yrs	US$5.88m	0.016% € 9.3m
Scott Devine	Co-Founder & Principal Engineer	25.8yrs	no data	no data
Michael Hayes	Senior VP & COO	1.8yrs	no data	no data
Pebbie Verdecanna	VP of Revenue & Chief Accounting Officer	1.5yrs	no data	0.0036% € 2.0m
Kit Colbert	CTO & Senior VP	2.2yrs	no data	no data
Jason Conyard	Senior VP & Chief Information Officer	no data	no data	no data
Joan Stone	Senior VP & Chief Communications Officer	4.8yrs	no data	no data
Laura Heisman	Chief Marketing Officer & Senior VP	1.8yrs	no data	no data

2.4yrs

Average Tenure

59yo

Average Age

Experienced Management: VMWA's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rangarajan Raghuram	CEO & Director	2.4yrs	US$13.21m	0.11% € 61.3m
Karen Dykstra	Executive VP	7.7yrs	US$411.75k	0.0032% € 1.8m
Egon Durban	Director	7.2yrs	no data	no data
Kenneth Denman	Independent Director	2.8yrs	US$371.75k	0.0017% € 971.9k
Paul Sagan	Independent Lead Director	9.6yrs	US$491.75k	0.0056% € 3.2m
Michael Dell	Chairman	7.2yrs	no data	39.2% € 22.2b
Michael Brown	Independent Director	16.6yrs	US$401.75k	0.0061% € 3.5m
Anthony Bates	Independent Director	7.8yrs	US$391.75k	0.0047% € 2.7m
Marianne Brown	Independent Director	4.1yrs	US$371.75k	0.0023% € 1.3m
Nicole Anasenes	Independent Director	1.6yrs	US$367.13k	0.0011% € 615.9k

7.2yrs

Average Tenure

62yo

Average Age

Experienced Board: VMWA's board of directors are considered experienced (7.2 years average tenure).

VMware Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold €2.2m worth of stock

VMware, Inc., Annual General Meeting, Jul 13, 2023

VMware, Inc. Announces Executive Changes

Insider recently sold €760k worth of stock

Insider recently sold €1.5m worth of stock

VMware Appoints Sarene Lee as Country Manager for Malaysia

Recent updates

VMware LLC Files Form 15

VMware, Inc.(NYSE:VMW) dropped from FTSE All-World Index (USD)

VMware, Inc.(NYSE:VMW) dropped from FTSE All-World Index (USD)

Broadcom Inc. (NasdaqGS:AVGO) completed the acquisition of VMware, Inc. (NYSE:VMW) from Michael S. Dell, Dodge & Cox, Silver Lake Management, L.L.C., Silver Lake Partners V DE (AIV), L.P., SL SPV-2, L.P. and others.

VMware Extends Tanzu Platform Capabilities to Build Apps for the Generative AI Economy

VMware, Inc. Accelerates Data-Driven Innovation with New Advanced Data Services Capabilities for VMware Cloud Foundation

VMware, Inc.(NYSE:VMW) dropped from S&P Software & Services Select Industry Index

Vmware, Inc. Announces That VMware Cross-Cloud Services Available to Customers Through the Oracle Cloud Marketplace

Investor sentiment deteriorates as stock falls 16%

New minor risk - Share price stability

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: EPS: US$1.11 (vs US$0.82 in 2Q 2023)

Vmware, Inc. Puts the Power of Generative Ai Within Reach of Any Enterprise

VMware, Inc. Introduces New Private AI Offerings

Insider recently sold €2.2m worth of stock

VMware, Inc.(NYSE:VMW) dropped from Russell Small Cap Comp Value Index

VMware, Inc., Annual General Meeting, Jul 13, 2023

New minor risk - Shareholder dilution

First quarter 2024 earnings released: EPS: US$0.52 (vs US$0.57 in 1Q 2023)

VMware, Inc. Announces Executive Changes

Full year 2023 earnings released: EPS: US$3.11 (vs US$4.34 in FY 2022)

Dell Technologies Inc. (NYSE:DELL) acquired Cloudify Platform Ltd. from BRM Group, VMware, Inc. (NYSE:VMW), KPN Ventures, Claridge Israel, Creditease Corp., Investment Arm and others.

VMware, Inc. Unveils New Solution to Help Global Retailers Modernize Point of Sale and Unlock More Financial Value from Their POS Systems

Insider recently sold €760k worth of stock

Third quarter 2023 earnings released: EPS: US$0.55 (vs US$0.95 in 3Q 2022)

VMware, Inc Unveiled Its Next-Generation SD-WAN Solution

VMware, Inc. Spurs CSP Network Modernization with Major Advances in Telco Cloud Portfolio

Vmware Tanzu Supercharges Portfolio to Help Customers Build, Run, and Manage Cloud Native Apps

Second quarter 2023 earnings released: EPS: US$0.82 (vs US$0.98 in 2Q 2022)

Vmware, Inc. Introduces Advanced Workload Protection for AWS to Help Defend Against Emerging Threats

Court of Chancery of the State of Delaware Proposes Settlement for VMware, Inc and Dell Technologies Inc

VMware Unveils vSphere+ and vSAN+ to Simplify Operations with Centralized Infrastructure Management, Increase Developer Velocity with Integrated Kubernetes, and Extend On-Premises with Hybrid Cloud Services

Insider recently sold €1.5m worth of stock

Vmware Advances Its Anywhere Workspace Platform to Enable Intelligent, Proactive Security for All Employee Devices

VMware, Inc. Provides Consolidated Earnings Guidance for the Third Quarter of 2022

First quarter 2023 earnings released: EPS: US$0.57 (vs US$1.01 in 1Q 2022)

VMware, Inc. to Report Q3, 2023 Results on Nov 22, 2022

Investor sentiment improved over the past week

Broadcom Reportedly in Talks to Acquire VMware

Broadcom Reportedly in Talks to Acquire VMware

VMware, Inc. to Report Q1, 2023 Results on May 26, 2022

VMware Appoints Sarene Lee as Country Manager for Malaysia

VMware, Inc. Announces Appointment of Nicole Anasenes to Board of Directors

VMware, Inc. Announces Executive Changes, Effective May 3, 2022

Alibaba Cloud and VMware Delivers Next-Generation Alibaba Cloud VMware Service to Accelerate Digital Innovation

Insider recently sold €791k worth of stock

Sterlite Technologies Limited VMWare and ASOCS Unveil End-To-End 5G Enterprise Solution At MWC 2022

Sterlite Technologies Limited VMWare and ASOCS Unveil End-To-End 5G Enterprise Solution At MWC 2022

VMware, Inc. Provides Earnings Guidance for the Fiscal First Quarter and Year of 2023

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

VMware, Inc. to Report Q4, 2022 Results on Feb 24, 2022

VMware, Inc. Announces Executive Appointments

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment deteriorated over the past week

VMware Cloud on AWS GovCloud (US) Achieves FedRAMP High Agency Authority to Operate

VMware, Inc. Reiterates Revenue Guidance for 2022 and Provides Revenue Guidance for Third Quarter of 2021

Second quarter 2022 earnings released: EPS US$0.98 (vs US$1.06 in 2Q 2021)

VMware Expands SaaS Innovations on Horizon Platform

VMware, Inc. and Cohere Technologies Inc. to Bring Intelligent, Cloud-Native Applications to Open Radio Access Networks

First quarter 2022 earnings released: EPS US$1.01 (vs US$0.92 in 1Q 2021)

VMware, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2022

VMware, Inc. Provides Earnings Guidance for the First Quarter of Fiscal Year 2022

VMware Announces VMware Telco Cloud Platform RAN

Full year 2021 earnings released: EPS US$4.90 (vs US$15.37 in FY 2020)

VMware, Inc. (NYSE:VMW) entered in an agreement to acquire Mesh7, Inc.

VMware, Inc. Names Paula Hodgins SVP, Worldwide Accounts and Telco Sales

VMware, Inc. Broadens Multi-Cloud Management Support to Address Customer Flexibility and Choice

Rubrik appoints Ajay Sabhlok as chief information officer and chief data officer

VMware Evolves Developer and AI-Ready Infrastructure to Advance Digital Business