Varonis Systems, Inc.

DB:VS2 Stock Report

Market Cap: €4.9b

Varonis Systems Management

Management criteria checks 2/4

Varonis Systems' CEO is Yaki Faitelson, appointed in Jan 2004, has a tenure of 20.92 years. total yearly compensation is $14.11M, comprised of 4% salary and 96% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth €27.13M. The average tenure of the management team and the board of directors is 6.8 years and 9.8 years respectively.

Key information

Yaki Faitelson

Chief executive officer

US$14.1m

Total compensation

CEO salary percentage4.0%
CEO tenure20.9yrs
CEO ownership0.6%
Management average tenure6.8yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yaki Faitelson's remuneration changed compared to Varonis Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$84m

Jun 30 2024n/an/a

-US$88m

Mar 31 2024n/an/a

-US$103m

Dec 31 2023US$14mUS$560k

-US$101m

Sep 30 2023n/an/a

-US$111m

Jun 30 2023n/an/a

-US$116m

Mar 31 2023n/an/a

-US$114m

Dec 31 2022US$10mUS$560k

-US$125m

Sep 30 2022n/an/a

-US$139m

Jun 30 2022n/an/a

-US$133m

Mar 31 2022n/an/a

-US$130m

Dec 31 2021US$10mUS$560k

-US$117m

Sep 30 2021n/an/a

-US$111m

Jun 30 2021n/an/a

-US$107m

Mar 31 2021n/an/a

-US$98m

Dec 31 2020US$6mUS$532k

-US$94m

Sep 30 2020n/an/a

-US$90m

Jun 30 2020n/an/a

-US$87m

Mar 31 2020n/an/a

-US$88m

Dec 31 2019US$8mUS$560k

-US$79m

Sep 30 2019n/an/a

-US$58m

Jun 30 2019n/an/a

-US$48m

Mar 31 2019n/an/a

-US$36m

Dec 31 2018US$9mUS$560k

-US$29m

Sep 30 2018n/an/a

-US$28m

Jun 30 2018n/an/a

-US$24m

Mar 31 2018n/an/a

-US$17m

Dec 31 2017US$3mUS$400k

-US$14m

Compensation vs Market: Yaki 's total compensation ($USD14.11M) is above average for companies of similar size in the German market ($USD3.33M).

Compensation vs Earnings: Yaki 's compensation has increased whilst the company is unprofitable.

CEO

Yaki Faitelson (49 yo)

20.9yrs

Tenure

US$14,112,979

Compensation

Mr. Yakov Faitelson, also known as Yaki, Co-founded Varonis Systems, Inc. in 2004 and has been its Chairman, Chief Executive Officer and President since 2004. Mr. Faitelson is responsible for leading the m...

Leadership Team

NamePositionTenureCompensationOwnership
Yakov Faitelson
Co-Founder20.9yrsUS$14.11m0.55%
€ 27.1m
Ohad Korkus
Co-Founder & Director20.9yrsUS$227.51k0.094%
€ 4.6m
Guy Melamed
CFO & COO7.7yrsUS$5.55m0.15%
€ 7.2m
David Bass
Executive VP of Engineering & CTO6.8yrsUS$5.87m0.30%
€ 14.7m
Dov Gottlieb
VP, General Counsel & Corporate Secretary3.7yrsUS$3.41m0.031%
€ 1.5m
James O'Boyle
Vice Chairman of Sales18.9yrsUS$4.36m0.25%
€ 12.4m
Gilad Raz
Chief Information Officer & VP of Technical Services9.8yrsUS$4.66mno data
Tim Perz
Director of Investor Relations2.9yrsno datano data
Rob Sobers
Chief Marketing Officer2.8yrsno datano data
Dana Shahar-Gara
Chief Human Resources Officer6.6yrsno datano data
David Gibson
Senior Vice President of Strategic Programs2.8yrsno datano data
Brian Vecci
Field C.T.Ono datano datano data

6.8yrs

Average Tenure

48yo

Average Age

Experienced Management: VS2's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Yakov Faitelson
Co-Founder20.9yrsUS$14.11m0.55%
€ 27.1m
Ohad Korkus
Co-Founder & Director17yrsUS$227.51k0.094%
€ 4.6m
Kevin Comolli
Independent Director20yrsUS$234.76k0.19%
€ 9.3m
Fred Van Den Bosch
Independent Director11.9yrsUS$231.01k0.11%
€ 5.3m
John Gavin
Lead Independent Director11.9yrsUS$266.01k0.22%
€ 11.0m
Thomas Mendoza
Independent Director9.5yrsUS$220.01k0.043%
€ 2.1m
Ofer Segev
Independent Director9.8yrsUS$227.51k0.060%
€ 2.9m
Rachel Prishkolnik
Independent Director3.6yrsUS$225.01k0.0081%
€ 396.6k
Avrohom Kess
Independent Director2.9yrsUS$227.76k0.013%
€ 653.5k
Gili Iohan
Independent Director7.7yrsUS$232.51k0.0098%
€ 479.0k
Carlos Aued
Independent Director2.9yrsUS$220.01k0.0057%
€ 279.5k

9.8yrs

Average Tenure

64yo

Average Age

Experienced Board: VS2's board of directors are considered experienced (9.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 12:43
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Varonis Systems, Inc. is covered by 38 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shrenik KothariBaird
Ishan MajumdarBaptista Research
Saket KaliaBarclays