Qualys Management

Management criteria checks 3/4

Qualys' CEO is Sumedh Thakar, appointed in Oct 2019, has a tenure of 5.08 years. total yearly compensation is $7.78M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth €14.28M. The average tenure of the management team and the board of directors is 4.8 years and 4.9 years respectively.

Key information

Sumedh Thakar

Chief executive officer

US$7.8m

Total compensation

CEO salary percentage	7.2%
CEO tenure	5.1yrs
CEO ownership	0.3%
Management average tenure	4.8yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sumedh Thakar's remuneration changed compared to Qualys's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$170m
Jun 30 2024	n/a	n/a	US$171m
Mar 31 2024	n/a	n/a	US$162m
Dec 31 2023	US$8m	US$558k	US$152m
Sep 30 2023	n/a	n/a	US$139m
Jun 30 2023	n/a	n/a	US$120m
Mar 31 2023	n/a	n/a	US$112m
Dec 31 2022	US$11m	US$550k	US$108m
Sep 30 2022	n/a	n/a	US$101m
Jun 30 2022	n/a	n/a	US$102m
Mar 31 2022	n/a	n/a	US$96m
Dec 31 2021	US$9m	US$502k	US$71m
Sep 30 2021	n/a	n/a	US$73m
Jun 30 2021	n/a	n/a	US$68m
Mar 31 2021	n/a	n/a	US$73m
Dec 31 2020	US$8m	US$383k	US$92m
Sep 30 2020	n/a	n/a	US$88m
Jun 30 2020	n/a	n/a	US$85m
Mar 31 2020	n/a	n/a	US$75m
Dec 31 2019	US$7m	US$335k	US$69m
Sep 30 2019	n/a	n/a	US$63m
Jun 30 2019	n/a	n/a	US$67m
Mar 31 2019	n/a	n/a	US$61m
Dec 31 2018	US$6m	US$325k	US$57m
Sep 30 2018	n/a	n/a	US$46m
Jun 30 2018	n/a	n/a	US$31m
Mar 31 2018	n/a	n/a	US$28m
Dec 31 2017	US$8m	US$325k	US$40m

Compensation vs Market: Sumedh's total compensation ($USD7.78M) is above average for companies of similar size in the German market ($USD3.59M).

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

CEO

Sumedh Thakar (48 yo)

5.1yrs

Tenure

US$7,783,232

Compensation

Mr. Sumedh S. Thakar serves as Chief Executive Officer at Qualys, Inc. since 2021 and has been its President since October 24, 2019 and serves as its Director since February 2021. He had been Interim Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sumedh Thakar	President	5.1yrs	US$7.78m	0.27% € 14.3m
Joo Mi Kim	CFO & Principal Accounting Officer	4.4yrs	US$4.44m	0.11% € 5.9m
Bruce Posey	Chief Legal Officer & Secretary	12.5yrs	US$2.80m	0.077% € 4.1m
Nicolas Chaillan	Federal Chief Technology Officer	6.7yrs	no data	no data
Blair King	Vice President of Investor Relations & Corporate Development	no data	no data	no data
Tami Casey	Director of Global Corporate Communications	no data	no data	no data
Rima Bruno	Chief Human Resource Officer	no data	no data	no data
Jonathan Trull	Chief Information Security Officer & Senior VP for Security Solution Architecture	no data	no data	no data
Dilip Bachwani	CTO & EVP of Enterprise TruRisk Platform	2.8yrs	no data	no data
Dino DiMarino	Chief Revenue Officer	1.3yrs	no data	no data

4.8yrs

Average Tenure

47yo

Average Age

Experienced Management: 3L7A's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sumedh Thakar	President	3.8yrs	US$7.78m	0.27% € 14.3m
Arnold Schaeffer	Member of Technical Advisory Board	no data	no data	no data
Gerhard Eschelbeck	Member of CTO & CISO Advisory Board	5.3yrs	no data	no data
Emir Arslanagic	Member of Technical Advisory Board	no data	no data	no data
Rebecca Bace	Member of Technical Advisory Board	no data	no data	no data
David Mortman	Member of Technical Advisory Board	no data	no data	no data
Matthew Pemble	Member of Technical Advisory Board	no data	no data	no data
Mike Schiffman	Member of Technical Advisory Board	no data	no data	no data
Jeffrey Hank	Independent Chair	14.8yrs	US$316.23k	0.031% € 1.7m
Thomas Berquist	Independent Director	1.3yrs	US$469.81k	no data
Kristi Rogers	Independent Director	11.3yrs	US$267.75k	0.019% € 1.0m
John Zangardi	Independent Director	4.4yrs	US$275.25k	0.025% € 1.3m

4.9yrs

Average Tenure

59yo

Average Age

Experienced Board: 3L7A's board of directors are considered experienced (4.9 years average tenure).

Qualys Management

Management criteria checks 3/4

Key information

Recent management updates

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

Qualys, Inc. Announces William Berutti Will Stand for Re-Election

Insufficient new directors

Qualys Appoints Tom Berquist to its Board of Directors

Qualys, Inc. Appoints Dino DiMarino as Chief Revenue Officer

Qualys, Inc. Announces Board Changes

Recent updates

Investor sentiment improves as stock rises 24%

Qualys Reportedly Explores Potential Sale

New minor risk - Share price stability

Third quarter 2024 earnings released: EPS: US$1.26 (vs US$1.27 in 3Q 2023)

Qualys, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024

Qualys, Inc. to Report Q3, 2024 Results on Nov 05, 2024

Second quarter 2024 earnings released: EPS: US$1.19 (vs US$0.96 in 2Q 2023)

Qualys Expands Trurisk Eliminate Platform, Empowering Organizations to Mitigate Cyber Risk Without Patching

Qualys, Inc. to Report Q2, 2024 Results on Aug 06, 2024

Qualys, Inc. Expands Its Focus on the Government Sector by Enhancing and Operationalizing the Capabilities of the Qualys Enterprise TruRisk Platform

First quarter 2024 earnings released: EPS: US$1.08 (vs US$0.79 in 1Q 2023)

Qualys, Inc. Provides Earnings Guidance for the Second Quarter 2024

Qualys Enhances Partner Program with New Global Mssp Portal Designed to Streamline Partner Operations

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

Qualys, Inc. to Report Q1, 2024 Results on May 07, 2024

Qualys, Inc. Announces William Berutti Will Stand for Re-Election

Insufficient new directors

Full year 2023 earnings released: EPS: US$4.11 (vs US$2.81 in FY 2022)

Full year 2023 earnings released: EPS: US$4.11 (vs US$2.81 in FY 2022)

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

Qualys Unveils Totalcloud 2.0 with TruRisk Insights to Measure, Communicate, and Eliminate Cyber Risk in Cloud and Saas Applications

Qualys Inc. Expands Qualys CyberSecurity Asset Management to Detect Unauthorized Devices Across Hybrid Environments

Qualys, Inc. to Report Q4, 2023 Results on Feb 12, 2024

Now 20% undervalued

Qualys, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$1.27 (vs US$0.72 in 3Q 2022)

Qualys, Inc. Announces TruRisk, FixIT and ProtectIT Packages in AWS Marketplace

Qualys, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Qualys Appoints Tom Berquist to its Board of Directors

Qualys, Inc. Provides Earnings Guidance for the Full Year 2023

Qualys, Inc. Announces First-Party Software Risk Management Solution

Second quarter 2023 earnings released: EPS: US$0.96 (vs US$0.69 in 2Q 2022)

Qualys, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Qualys, Inc. Appoints Dino DiMarino as Chief Revenue Officer

Qualys, Inc. Provides Earnings Guidance for the Second Quarter of 2023

First quarter 2023 earnings released: EPS: US$0.79 (vs US$0.65 in 1Q 2022)

Full year 2022 earnings released: EPS: US$2.81 (vs US$1.82 in FY 2021)

Qualys, Inc. Provides Financial Guidance for the First Quarter and Full Fiscal Year 2023

Qualys Expands Cloud Platform for Both Large Enterprises and Small/Medium Businesses Looking to Prioritize and Reduce Risk

Qualys, Inc. Announces Board Changes

Qualys Introduces GovCloud, A Fedramp Ready (High Impact Level) Cybersecurity Platform

Qualys, Inc. to Report Q4, 2022 Results on Feb 09, 2023

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: US$0.72 (vs US$0.71 in 3Q 2021)

Qualys, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022

Qualys Inc. Introduces TotalCloud with FlexScan Delivering Cloud-Native VMDR

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

Qualys, Inc. (NasdaqGS:QLYS) acquired the assets of Blue Hexagon Inc.

Investor sentiment improved over the past week

Qualys, Inc. Revises Earning Guidance for the Full Year of 2022

Second quarter 2022 earnings released: EPS: US$0.69 (vs US$0.54 in 2Q 2021)

Qualys Brings External Attack Surface Management (EASM) to the Qualys Cloud Platform

Qualys, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Qualys, Inc. Unveils VMDR 2.0, New Innovations for Vulnerability Management, Detection and Response at Qualys Security Conference in San Francisco

Qualys Announces Executive Changes

Qualys, Inc. Adds Custom Assessment and Remediation to Its Cloud Platform

First quarter 2022 earnings released: EPS: US$0.65 (vs US$0.006 in 1Q 2021)

Qualys, Inc. Provides Earnings Guidance for the Second Quarter of 2022

Qualys, Inc., Annual General Meeting, Jun 08, 2022

Qualys, Inc. to Report Q1, 2022 Results on May 04, 2022

Qualys, Inc. Delivers Multi-Vector EDR 2.0 with Enhanced Prioritization to Quickly Surface Most the Critical Incidents

Investor sentiment improved over the past week

Qualys, Inc. Appoints Arjet Skenduli as Chief Accounting Officer

Qualys, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2022

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

Qualys, Inc. Launches Context XDR to Prioritize Threat Detection and Reduce Alert Fatigue

Saikat Paul Resigns as Chief Accounting Officer of Qualys Effective February 22, 2022

Qualys, Inc. Adds Advanced Remediation Capabilities to Minimize Vulnerability Risk

Third quarter 2021 earnings released: EPS US$0.71 (vs US$0.58 in 3Q 2020)