SolarWinds Management

Management criteria checks 3/4

SolarWinds' CEO is Sudhakar Ramakrishna, appointed in Jan 2021, has a tenure of 3.83 years. total yearly compensation is $8.57M, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth €14.30M. The average tenure of the management team and the board of directors is 2.8 years and 4 years respectively.

Key information

Sudhakar Ramakrishna

Chief executive officer

US$8.6m

Total compensation

CEO salary percentage	8.8%
CEO tenure	3.8yrs
CEO ownership	0.7%
Management average tenure	2.8yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sudhakar Ramakrishna's remuneration changed compared to SolarWinds's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$39m
Jun 30 2024	n/a	n/a	US$23m
Mar 31 2024	n/a	n/a	US$12m
Dec 31 2023	US$9m	US$750k	-US$9m
Sep 30 2023	n/a	n/a	-US$19m
Jun 30 2023	n/a	n/a	-US$308m
Mar 31 2023	n/a	n/a	-US$930m
Dec 31 2022	US$10m	US$750k	-US$929m
Sep 30 2022	n/a	n/a	-US$941m
Jun 30 2022	n/a	n/a	-US$648m
Mar 31 2022	n/a	n/a	-US$48m
Dec 31 2021	US$24m	US$747k	-US$65m

Compensation vs Market: Sudhakar's total compensation ($USD8.57M) is above average for companies of similar size in the German market ($USD1.61M).

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

CEO

Sudhakar Ramakrishna (56 yo)

3.8yrs

Tenure

US$8,570,853

Compensation

Mr. Sudhakar Ramakrishna is Advisory Partner of Benhamou Global Ventures LLC since December, 2023. He served as Operating Partner at the firm till December, 2023. He is President, CEO & Director of SolarWi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sudhakar Ramakrishna	President	3.8yrs	US$8.57m	0.67% € 13.9m
Jason Bliss	Executive VP	8.6yrs	US$3.12m	0.28% € 5.8m
Andrea Webb	Executive VP & Chief Customer Officer	3.5yrs	US$3.33m	0.16% € 3.3m
Lewis Black	Executive VP	less than a year	no data	no data
Brian Goldfarb	Senior Vice President & Chief Marketing Officer	less than a year	no data	no data
Kevin Bury	Chief Customer Officer of MSP Division	3.8yrs	no data	no data
Tim Brown	Chief Information Security Officer	3.5yrs	no data	no data
Chad Reese	President of Americas Sales & Global Channel	2.2yrs	no data	no data
Bharat Bedi	Managing Director of Its Asia-Pacific & Japan Operations	less than a year	no data	no data
Krishna Sai	Senior Vice President of Engineering	no data	no data	no data
Cullen Childress	Senior Vice President of Product	no data	no data	no data
Andre Cuenin	Chief Revenue Officer	less than a year	no data	no data

2.8yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 0OIA's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sudhakar Ramakrishna	President	3.9yrs	US$8.57m	0.67% € 13.9m
Kenneth Hao	Independent Director	8.8yrs	US$268.75k	0.046% € 965.1k
Douglas Smith	Independent Director	3.5yrs	US$265.00k	0.033% € 681.2k
William Bock	Independent Chairman of the Board	6.1yrs	US$402.50k	0.042% € 870.6k
Catherine Kinney	Independent Director	6.1yrs	US$282.50k	0.037% € 768.7k
Robert Land	Member of Advisory Board	3.3yrs	no data	no data
Cathleen Benko	Independent Director	3yrs	US$268.75k	0.021% € 437.0k
Michael Widmann	Independent Director	4.8yrs	US$260.00k	0.038% € 791.8k
Easwaran Sundaram	Independent Director	4.8yrs	US$287.50k	0.0025% € 51.9k
Robert Picciano	Member of Advisory Board	3.1yrs	no data	no data
Dennis Howard	Independent Director	4.2yrs	US$277.50k	0.028% € 592.0k
Anita Lynch	Member of Advisory Board	2.2yrs	no data	no data

4.0yrs

Average Tenure

56yo

Average Age

Experienced Board: 0OIA's board of directors are considered experienced (4 years average tenure).

SolarWinds Management

Management criteria checks 3/4

Key information

Recent management updates

Executive VP recently sold €1.6m worth of stock

Solarwinds Appoints Andre Cuenin as Chief Revenue Officer, Effective September 3, 2024

Independent Director recently sold €303k worth of stock

SolarWinds Corporation Announces CFO Changes

SolarWinds Corporation, Annual General Meeting, May 23, 2024

Independent Director recently sold €399k worth of stock

Recent updates

Executive VP recently sold €1.6m worth of stock

Solarwinds Corporation Provides Earnings Guidance for the Fourth Quarter and for Full Year of 2024

Third quarter 2024 earnings released: EPS: US$0.074 (vs US$0.019 loss in 3Q 2023)

SolarWinds Corporation to Report Q3, 2024 Results on Oct 31, 2024

SolarWinds Announces the Launch of the Next Generation of Solarwinds®? Observability, Now Available in Self-Hosted or Saas Options

Solarwinds Appoints Andre Cuenin as Chief Revenue Officer, Effective September 3, 2024

Independent Director recently sold €303k worth of stock

Second quarter 2024 earnings released: EPS: US$0.066 (vs US$0.002 in 2Q 2023)

SolarWinds Corporation Provides Earnings Guidance for the Third Quarter and Full Year 2024

SolarWinds Corporation to Report Q2, 2024 Results on Aug 01, 2024

SolarWinds Corporation Announces CFO Changes

SolarWinds Announces the Launch of SolarWinds®? AI to Transform It Operations and Empower Tech Pro Proposes to Manage the Complexities of Modern Digital Environments

SolarWinds Unveils Enhanced Database Performance Analyzer with Advanced PostgreSQL Support

Solarwinds Enhances Plan Explorer to Help Database Pros Improve Operations, Performance, and Business Outcomes

First quarter 2024 earnings released: EPS: US$0.093 (vs US$0.035 loss in 1Q 2023)

SolarWinds Corporation to Report Q1, 2024 Results on May 02, 2024

SolarWinds Corporation, Annual General Meeting, May 23, 2024

Inaugural dividend of US$1.00 per share

Solarwinds Declares Special Cash Dividend on Common Stock, Payable on April 15, 2024

Full year 2023 earnings released: US$0.055 loss per share (vs US$5.78 loss in FY 2022)

Solarwinds Corporation Provides Earnings Guidance for the First Quarter and for Full Year 2024

Solarwinds, Inc. Announces Appointment Brian Goldfarb as Chief Marketing Officer

SolarWinds Corporation to Report Q4, 2023 Results on Feb 08, 2024

SolarWinds Corporation Announces Major Enhancements in its Database Observability Capability Within the Cloud-Based Solarwinds Observability Platform

Solarwinds Corporation Provides Revenue Guidance for Fourth Quarter and Full Year 2023

SolarWinds Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Third quarter 2023 earnings released: US$0.019 loss per share (vs US$1.81 loss in 3Q 2022)

SolarWinds Reportedly Exploring Options, Including a Potential Sale

SolarWinds Reportedly Exploring Options, Including a Potential Sale

SolarWinds Corporation to Report Q3, 2023 Results on Nov 02, 2023

Solarwinds Continues Ongoing Business Evolution with New and Upgraded Service Management and Database Observability Solutions

Independent Director recently sold €399k worth of stock

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: US$0.002 (vs US$3.87 loss in 2Q 2022)

Solarwinds Corporation Provides Earnings Guidance for the Third Quarter and Full Year of 2023

First quarter 2023 earnings released: US$0.035 loss per share (vs US$0.029 loss in 1Q 2022)

Full year 2022 earnings released: US$5.78 loss per share (vs US$0.41 loss in FY 2021)

SolarWinds Corporation Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2023

SolarWinds Corporation to Report Q4, 2022 Results on Feb 09, 2023

High number of new directors

Third quarter 2022 earnings released: US$1.81 loss per share (vs US$0.006 profit in 3Q 2021)

Solarwinds Corporation Reports Goodwill Impairment for the Three Months Ended September 30, 2022

SolarWinds Corporation Announces Board Changes

SolarWinds Corporation to Report Q3, 2022 Results on Nov 03, 2022

Solarwinds Launches New Global Transform Partner Program, Including Support for Managed Service Providers

SolarWinds Names Chad Reese President of Americas Sales and Global Channel

Solarwinds Unveils Results of New Survey Examining the State of the Technology Job Market Amid Industry-Wide Labor Shortages and Hiring Challenges

Second quarter 2022 earnings released

SolarWinds Corporation Provides Earnings Guidance for the Third Quarter and Full Year 2022

SolarWinds Corporation to Report Q2, 2022 Results on Aug 02, 2022

SolarWinds Unveils New Software Development Process

First quarter 2022 earnings released: US$0.029 loss per share (vs US$0.046 loss in 1Q 2021)

SolarWinds Corporation Provides Earnings Guidance for the Second Quarter and Full Year 2022

High number of new directors

SolarWinds Announces Launch of SolarWinds® Hybrid Cloud Observability, Built on the SolarWinds Platform

SolarWinds Corporation, Annual General Meeting, May 26, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

SolarWinds Corporation Provides Earnings Guidance for the First Quarter and Full Year of 2022

SolarWinds Corporation (NYSE:SWI) acquired Monalytic.

Third quarter 2021 earnings released: EPS US$0.007 (vs US$0.08 in 3Q 2020)

Second quarter 2021 earnings released: US$0.074 loss per share (vs US$0.082 profit in 2Q 2020)

Investor sentiment deteriorated over the past week

Solarwinds Corporation Announces Preliminary Earnings Result for the Second Quarter Ended June 30, 2021

Independent Director Michael Bingle has left the company

SolarWinds Announces Launch of SolarWinds \® Database Insights for SQL Server

First quarter 2021 earnings released: US$0.023 loss per share (vs US$0.001 profit in 1Q 2020)

First quarter 2021 earnings released: US$0.023 loss per share (vs US$0.001 profit in 1Q 2020)

SolarWinds Corporation Provides Earnings Guidance for the First Quarter, Second Quarter and Full Year of Fiscal Year 2021

SolarWinds Announces the Appointment of Kevin Bury as Chief Customer Officer for the SolarWinds MSP Division