Fastly Management

Management criteria checks 3/4

Fastly's CEO is Todd Nightingale, appointed in Sep 2022, has a tenure of 2.17 years. total yearly compensation is $10.17M, comprised of 5.9% salary and 94.1% bonuses, including company stock and options. directly owns 1.14% of the company’s shares, worth €12.13M. The average tenure of the management team and the board of directors is 2.6 years and 3.3 years respectively.

Key information

Todd Nightingale

Chief executive officer

US$10.2m

Total compensation

CEO salary percentage	5.9%
CEO tenure	2.2yrs
CEO ownership	1.1%
Management average tenure	2.6yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Todd Nightingale's remuneration changed compared to Fastly's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$149m
Jun 30 2024	n/a	n/a	-US$165m
Mar 31 2024	n/a	n/a	-US$132m
Dec 31 2023	US$10m	US$600k	-US$133m
Sep 30 2023	n/a	n/a	-US$156m
Jun 30 2023	n/a	n/a	-US$165m
Mar 31 2023	n/a	n/a	-US$171m
Dec 31 2022	US$22m	US$200k	-US$191m

Compensation vs Market: Todd's total compensation ($USD10.17M) is above average for companies of similar size in the German market ($USD1.46M).

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

CEO

Todd Nightingale (44 yo)

2.2yrs

Tenure

US$10,165,468

Compensation

Mr. Todd Nightingale serves as Chief Executive Officer at Fastly, Inc. since September 1, 2022 and has been its Director since September 2022. He had been General Manager of Enterprise Networking and Cloud...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Todd Nightingale	CEO & Director	2.2yrs	US$10.17m	1.14% € 12.1m
Artur Bergman	Co-Founder	13.7yrs	US$12.39m	5.46% € 58.1m
Ronald Kisling	Chief Financial Officer	3.3yrs	US$4.62m	0.18% € 1.9m
Vernon Essi	Head of IR	no data	no data	no data
Karen Greenstein	General Counsel	1.3yrs	no data	no data
Peter Alexander	Chief Marketing Officer	1.3yrs	no data	no data
Puja Jaspal	Chief People Officer	1.9yrs	no data	no data
Nicholas Rockwell	Executive Vice President of Strategy & Operations	4.7yrs	no data	no data
Kim Ogletree	Chief Customer Officer	4.4yrs	no data	no data
Lakshmi Sharma	Chief Product & Strategy Officer	3yrs	no data	no data
Marshall Erwin	Chief Information Security Officer	1.3yrs	no data	no data
Laura Thomson	Senior Vice President of Engineering	no data	no data	no data

2.6yrs

Average Tenure

44yo

Average Age

Experienced Management: 2Y7's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Todd Nightingale	CEO & Director	2.2yrs	US$10.17m	1.14% € 12.1m
Artur Bergman	Co-Founder	13.7yrs	US$12.39m	5.46% € 58.1m
Charles Meyers	Independent Director	3.3yrs	US$242.89k	0.026% € 277.3k
Christopher Paisley	Independent Director	6.3yrs	US$253.74k	0.14% € 1.5m
Aida Alvarez	Independent Director	5.3yrs	US$244.99k	0.032% € 337.1k
David Hornik	Independent Chairman	11.8yrs	US$263.35k	0.15% € 1.6m
Richard Daniels	Independent Director	3yrs	US$239.99k	0.024% € 260.1k
Vanessa Smith	Independent Director	3yrs	US$233.74k	0.026% € 281.1k
Paula Loop	Independent Director	3.3yrs	US$243.74k	0.026% € 277.3k

3.3yrs

Average Tenure

58yo

Average Age

Experienced Board: 2Y7's board of directors are considered experienced (3.3 years average tenure).

Fastly Management

Management criteria checks 3/4

Key information

Recent management updates

CEO & Director recently sold €371k worth of stock

CEO & Director recently sold €532k worth of stock

Fastly, Inc., Annual General Meeting, Jun 12, 2024

CEO & Director recently sold €757k worth of stock

High number of new directors

High number of new directors

Recent updates

Third quarter 2024 earnings released: US$0.27 loss per share (vs US$0.42 loss in 3Q 2023)

Fastly, Inc. to Report Q3, 2024 Results on Nov 06, 2024

CEO & Director recently sold €371k worth of stock

Second quarter 2024 earnings released: US$0.32 loss per share (vs US$0.084 loss in 2Q 2023)

Fastly, Inc. to Report Q2, 2024 Results on Aug 07, 2024

Gainey Mckenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Fastly, Inc

CEO & Director recently sold €532k worth of stock

Fastly, Inc. Boosts Managed Security Service with Bot Management and Industry-Leading Sla

Now 37% undervalued after recent price drop

First quarter 2024 earnings released: US$0.32 loss per share (vs US$0.36 loss in 1Q 2023)

Fastly, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2024

Fastly, Inc., Annual General Meeting, Jun 12, 2024

Fastly, Inc. to Report Q1, 2024 Results on May 01, 2024

Fastly, Inc. Unveils New Bot Management Solution to Help Detect and Block Threats At the Edge

Full year 2023 earnings released: US$1.03 loss per share (vs US$1.57 loss in FY 2022)

CEO & Director recently sold €757k worth of stock

High number of new directors

High number of new directors

Full year 2023 earnings released: US$1.03 loss per share (vs US$1.57 loss in FY 2022)

Fastly, Inc. Provides Earnings Guidance for First Quarter and Full Year 2024

Fastly Names Kip Compton as Chief Product Officer

Co-Founder recently sold €1.4m worth of stock

Fastly, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Fastly, Inc. Announces the Addition of Kip Compton as Chief Product Officer, Effective January 2, 2024

Co-Founder recently sold €1.6m worth of stock

Fastly, Inc. Announces Resignation of Brett Shirk as Chief Revenue Officer, Effective on December 1, 2023

Third quarter 2023 earnings released: US$0.42 loss per share (vs US$0.52 loss in 3Q 2022)

Fastly, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year 2023

Fastly, Inc. to Report Q3, 2023 Results on Nov 01, 2023

CEO & Director recently sold €1.3m worth of stock

Fastly, Inc. (NYSE:FSLY) acquired nb.io, LLC.

New major risk - Share price stability

Second quarter 2023 earnings released: US$0.084 loss per share (vs US$0.14 loss in 2Q 2022)

Fastly, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2023

Fastly, Inc. Announces Executive Appointments

Fastly, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Fastly, Inc. Expands Its Market Reach with Simplified Pricing and Packages

Co-Founder recently sold €3.3m worth of stock

CEO & Director recently sold €898k worth of stock

Fastly, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2023

First quarter 2023 earnings released: US$0.36 loss per share (vs US$0.54 loss in 1Q 2022)

Chief Financial Officer recently sold €75k worth of stock

Chief Financial Officer recently sold €63k worth of stock

CEO & Director recently sold €711k worth of stock

Full year 2022 earnings released: US$1.57 loss per share (vs US$1.92 loss in FY 2021)

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

Chief Financial Officer recently sold €57k worth of stock

Fastly, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Fastly Names Puja Jaspal as Chief People Officer

Fastly, Inc. Appoints Puja Jaspal as Chief People Officer

CEO & Director recently sold €666k worth of stock

High number of new directors

Fastly, Inc. Launches New Era of Edge Observability

Third quarter 2022 earnings released: US$0.52 loss per share (vs US$0.48 loss in 3Q 2021)

Fastly Revised Revenue Guidance for the Full Year of 2022

Chief Financial Officer recently sold €63k worth of stock

Fastly, Inc. to Report Q3, 2022 Results on Nov 02, 2022

CEO & Director recently sold €219k worth of stock

Second quarter 2022 earnings released: US$0.14 loss per share (vs US$0.51 loss in 2Q 2021)

Fastly, Inc. Provides Revenue Guidance for the Third Quarter of 2022

Chief Financial Officer recently sold €60k worth of stock

Fastly, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Fastly, Inc.(NYSE:FSLY) dropped from Russell 1000 Dynamic Index

CEO & Director recently sold €210k worth of stock

Fastly, Inc. (NYSE:FSLY) acquired Glitch, Inc.

First quarter 2022 earnings released: US$0.54 loss per share (vs US$0.44 loss in 1Q 2021)

Fastly, Inc. Announces Step Down of Joshua Bixby as CEO

High number of new directors

Chief Financial Officer recently sold €90k worth of stock