Akamai Technologies Management

Management criteria checks 3/4

Akamai Technologies' CEO is Tom Leighton, appointed in Jan 1998, has a tenure of 26.83 years. total yearly compensation is $13.38M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 1.61% of the company’s shares, worth €200.33M. The average tenure of the management team and the board of directors is 3.7 years and 7.5 years respectively.

Key information

Tom Leighton

Chief executive officer

US$13.4m

Total compensation

CEO salary percentage	0.0%
CEO tenure	26.8yrs
CEO ownership	1.6%
Management average tenure	3.7yrs
Board average tenure	7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Leighton's remuneration changed compared to Akamai Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$526m
Jun 30 2024	n/a	n/a	US$629m
Mar 31 2024	n/a	n/a	US$626m
Dec 31 2023	US$13m	US$1	US$548m
Sep 30 2023	n/a	n/a	US$515m
Jun 30 2023	n/a	n/a	US$478m
Mar 31 2023	n/a	n/a	US$487m
Dec 31 2022	US$12m	US$1	US$524m
Sep 30 2022	n/a	n/a	US$555m
Jun 30 2022	n/a	n/a	US$611m
Mar 31 2022	n/a	n/a	US$629m
Dec 31 2021	US$12m	US$1	US$652m
Sep 30 2021	n/a	n/a	US$604m
Jun 30 2021	n/a	n/a	US$584m
Mar 31 2021	n/a	n/a	US$590m
Dec 31 2020	US$12m	US$1	US$557m
Sep 30 2020	n/a	n/a	US$563m
Jun 30 2020	n/a	n/a	US$542m
Mar 31 2020	n/a	n/a	US$494m
Dec 31 2019	US$11m	US$1	US$478m
Sep 30 2019	n/a	n/a	US$453m
Jun 30 2019	n/a	n/a	US$423m
Mar 31 2019	n/a	n/a	US$352m
Dec 31 2018	US$11m	US$1	US$298m
Sep 30 2018	n/a	n/a	US$232m
Jun 30 2018	n/a	n/a	US$188m
Mar 31 2018	n/a	n/a	US$202m
Dec 31 2017	US$9m	US$1	US$223m

Compensation vs Market: Tom's total compensation ($USD13.38M) is above average for companies of similar size in the German market ($USD4.90M).

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

CEO

Tom Leighton (67 yo)

26.8yrs

Tenure

US$13,384,975

Compensation

Dr. F. Thomson Leighton, also known as Tom, co-founded Akamai Technologies, Inc. in 1998 and has been its Chief Executive Officer since January 1, 2013 and serves as its President. Dr. Leighton is Akamai's...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
F. Leighton	Co-Founder	26.8yrs	US$13.38m	1.61% € 200.3m
Edward McGowan	Executive VP	5.7yrs	US$5.37m	0.015% € 1.9m
Adam Karon	COO & GM of Cloud Technology Group	3.7yrs	US$6.47m	0.0045% € 556.4k
Paul Joseph	Executive Vice President of Global Sales & Services	3.7yrs	US$4.35m	0.018% € 2.2m
Mani Sundaram	Executive VP & GM of Security Technology Group	2.9yrs	US$4.13m	0.011% € 1.4m
Laura Howell	Senior VP & Chief Accounting Officer	3.4yrs	no data	0.010% € 1.3m
Robert Blumofe	Executive VP & CTO	3.7yrs	US$3.75m	0.013% € 1.6m
Kate Prouty	Senior VP & Chief Information Officer	2.9yrs	no data	no data
Mark Stoutenberg	Head of Investor Relations	no data	no data	no data
Aaron Ahola	Executive VP	7.1yrs	US$3.01m	0.011% € 1.3m
Charlie Rice	Senior Vice President of Corporate and Business Development	5.8yrs	no data	no data
Kim Salem Jackson	Executive VP & Chief Marketing Officer	3.7yrs	no data	0.028% € 3.4m

3.7yrs

Average Tenure

52yo

Average Age

Experienced Management: AK3's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
F. Leighton	Co-Founder	26.3yrs	US$13.38m	1.61% € 200.3m
Bernardus Verwaayen	Independent Director	11yrs	US$395.80k	0.012% € 1.5m
Monte Ford	Independent Director	11.4yrs	US$406.47k	0.016% € 2.0m
Jonathan Miller	Independent Director	9.3yrs	US$369.37k	0.021% € 2.6m
Daniel Hesse	Independent Chairman	8.3yrs	US$474.68k	0.012% € 1.5m
William Wagner	Independent Director	6.6yrs	US$369.37k	0.011% € 1.4m
Madhu Ranganathan	Independent Director	5.4yrs	US$406.47k	0.0082% € 1.0m
Marianne Brown	Independent Director	4.7yrs	US$406.47k	0.0042% € 517.8k
Sharon Bowen	Independent Director	3.6yrs	US$369.37k	0.0036% € 452.9k
Peter Killalea	Independent Director	6.7yrs	US$369.37k	0.0072% € 897.0k

7.5yrs

Average Tenure

66yo

Average Age

Experienced Board: AK3's board of directors are considered experienced (7.5 years average tenure).

Akamai Technologies Management

Management criteria checks 3/4

Key information

Recent management updates

Co-Founder recently bought €1.9m worth of stock

Akamai Technologies, Inc., Annual General Meeting, May 10, 2024

Insider recently sold €276k worth of stock

Insufficient new directors

Insider recently sold €419k worth of stock

Executive VP recently sold €191k worth of stock

Recent updates

Akamai Technologies, Inc. Launches Cloud-Agnostic, Ready-To-Run Application Platform

Third quarter 2024 earnings released: EPS: US$0.38 (vs US$1.06 in 3Q 2023)

Akamai Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2024

Akamai Technologies, Inc. Launches New Capabilities to its Account Protector Security Solution

Akamai Technologies, Inc. Adds Behavioral DDoS Engine to App & API Protector

Akamai Technologies, Inc. Announces New Native Connector Between Akamai API Security and Akamai Connected Cloud

Akamai Introduces New Video Workflow Capabilities At IBC

Second quarter 2024 earnings released: EPS: US$0.86 (vs US$0.85 in 2Q 2023)

Akamai Technologies, Inc. Provides Earnings Guidance for the Third Quarter and Full Year Ending December 31, 2024

Akamai Technologies, Inc. (NasdaqGS:AKAM) completed the acquisition of Noname Gate, Inc. from a group of shareholders for approximately $450 million.

Co-Founder recently bought €1.9m worth of stock

Akamai Technologies, Inc. (NasdaqGS:AKAM) announces an Equity Buyback for $2,000 million worth of its shares.

Akamai Technologies, Inc. (NasdaqGS:AKAM) entered into a definitive agreement to acquire Noname Gate, Inc. for approximately $450 million.

Akamai Technologies, Inc. Announces Akamai Guardicore Platform Helps Businesses Meet Their Zero Trust Goals

Akamai Technologies, Inc Adds New Media-Optimized Offering Based on NVIDIA GPUs to its Growing Cloud Portfolio

Akamai Expands Offerings in Hybrid DNS Infrastructure Security with Shield NS53

Akamai Technologies, Inc., Annual General Meeting, May 10, 2024

Akamai Unveils New Capabilities in App & API Protector to Strengthen and Simplify Security Defenses

Investor sentiment deteriorates as stock falls 15%

Akamai Technologies, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2024 and Full Year Ending December 31, 2024

Full year 2023 earnings released: EPS: US$3.59 (vs US$3.29 in FY 2022)

Akamai Announces Content Protector to Stop Scraping Attacks

New minor risk - Insider selling

New minor risk - Financial position

Third quarter 2023 earnings released: EPS: US$1.06 (vs US$0.68 in 3Q 2022)

Akamai Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2023

Akamai Technologies, Inc. (NasdaqGS:AKAM) acquired Select CDN customer contracts of Lumen Technologies, Inc. from Lumen Technologies, Inc. (NYSE:LUMN).

Akamai Technologies, Inc. (NasdaqGS:AKAM) acquired Select Enterprise Customer Contracts of StackPath, LLC.

Second quarter 2023 earnings released: EPS: US$0.85 (vs US$0.75 in 2Q 2022)

Akamai Technologies, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2023 and Full Year Ending December 31, 2023

Akamai Technologies, Inc. Announces the Availability of API Security

Akamai Technologies Charts Course for the Next Decade of Cloud Computing with New Sites, Services, and Capabilities

Now 20% undervalued

Insider recently sold €276k worth of stock

First quarter 2023 earnings released: EPS: US$0.62 (vs US$0.74 in 1Q 2022)

Akamai Technologies, Inc. Provides Revenue Guidance for the Second Quarter and Full Year 2023

Insufficient new directors

Insider recently sold €419k worth of stock

Full year 2022 earnings released: EPS: US$3.29 (vs US$4.01 in FY 2021)

Akamai Technologies, Inc. Amai Unveils Akamai Connected Cloud and New Cloud Computing Services

Executive VP recently sold €191k worth of stock

Insider recently sold €188k worth of stock

Third quarter 2022 earnings released: EPS: US$0.68 (vs US$1.10 in 3Q 2021)

Executive VP recently sold €313k worth of stock

Second quarter 2022 earnings released: EPS: US$0.75 (vs US$0.96 in 2Q 2021)

Akamai Technologies, Inc. Revises Earnings Guidance for the Year 2022

Akamai Launches New Malware Protection for Uploaded Files

Insider recently sold €1.1m worth of stock

First quarter 2022 earnings released: EPS: US$0.74 (vs US$0.95 in 1Q 2021)

Akamai Technologies, Inc. Unveils Audience Hijacking Protector and New Application Security Features

Akamai Launches Linode Managed Database

Insider recently sold €317k worth of stock

Independent Director recently sold €384k worth of stock

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

Akamai Technologies, Inc. Provides Revenue Guidance for the First Quarter and Full Year of 2022

Executive VP & Chief Marketing Officer recently sold €282k worth of stock

Insider recently sold €91k worth of stock

Key Executive recently sold €598k worth of stock

Third quarter 2021 earnings released: EPS US$1.10 (vs US$0.97 in 3Q 2020)

Akamai Launches New, On-Demand Learning Platform for Customers

Second quarter 2021 earnings released: EPS US$0.96 (vs US$1.00 in 2Q 2020)

Akamai Technologies, Inc.(NasdaqGS:AKAM) dropped from Russell Midcap Growth Index

Akamai Technologies, Inc.(NasdaqGS:AKAM) dropped from Russell 1000 Growth-Defensive Index

Insider recently sold €82k worth of stock

Akamai Technologies, Inc. Unveils Machine Learning That Intelligently Automates Application and API Protections and Reduces Burden on Security Professionals

Akamai Technologies, Inc. Boosts Edge Application Power, Expanding Possibilities for Developers

Independent Director recently sold €920k worth of stock

Independent Chairman of the Board Frederic Salerno has left the company

Independent Director recently sold €464k worth of stock