Varonis Systems Management
Management criteria checks 2/4
Varonis Systems' CEO is Yaki Faitelson, appointed in Jan 2004, has a tenure of 20.33 years. total yearly compensation is $14.11M, comprised of 4% salary and 96% bonuses, including company stock and options. directly owns 0.48% of the company’s shares, worth €21.44M. The average tenure of the management team and the board of directors is 6.2 years and 9.3 years respectively.
Key information
Yaki Faitelson
Chief executive officer
US$14.1m
Total compensation
CEO salary percentage | 4.0% |
CEO tenure | 20.3yrs |
CEO ownership | 0.5% |
Management average tenure | 6.2yrs |
Board average tenure | 9.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$14m | US$560k | -US$101m |
Sep 30 2023 | n/a | n/a | -US$111m |
Jun 30 2023 | n/a | n/a | -US$116m |
Mar 31 2023 | n/a | n/a | -US$114m |
Dec 31 2022 | US$10m | US$560k | -US$125m |
Sep 30 2022 | n/a | n/a | -US$139m |
Jun 30 2022 | n/a | n/a | -US$133m |
Mar 31 2022 | n/a | n/a | -US$130m |
Dec 31 2021 | US$10m | US$560k | -US$117m |
Sep 30 2021 | n/a | n/a | -US$111m |
Jun 30 2021 | n/a | n/a | -US$107m |
Mar 31 2021 | n/a | n/a | -US$98m |
Dec 31 2020 | US$6m | US$532k | -US$94m |
Sep 30 2020 | n/a | n/a | -US$90m |
Jun 30 2020 | n/a | n/a | -US$87m |
Mar 31 2020 | n/a | n/a | -US$88m |
Dec 31 2019 | US$8m | US$560k | -US$79m |
Sep 30 2019 | n/a | n/a | -US$58m |
Jun 30 2019 | n/a | n/a | -US$48m |
Mar 31 2019 | n/a | n/a | -US$36m |
Dec 31 2018 | US$9m | US$560k | -US$29m |
Sep 30 2018 | n/a | n/a | -US$28m |
Jun 30 2018 | n/a | n/a | -US$24m |
Mar 31 2018 | n/a | n/a | -US$17m |
Dec 31 2017 | US$3m | US$400k | -US$14m |
Compensation vs Market: Yaki 's total compensation ($USD14.11M) is above average for companies of similar size in the German market ($USD2.56M).
Compensation vs Earnings: Yaki 's compensation has increased whilst the company is unprofitable.
CEO
Yaki Faitelson (48 yo)
20.3yrs
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder | 20.3yrs | US$14.11m | 0.48% $ 21.2m | |
Co-Founder & Director | 20.3yrs | US$227.51k | 0.095% $ 4.2m | |
CFO & COO | 7.1yrs | US$5.55m | 0.24% $ 10.4m | |
Executive VP of Engineering & CTO | 6.2yrs | US$5.87m | 0.31% $ 13.7m | |
VP, General Counsel & Corporate Secretary | 3.1yrs | US$3.41m | 0.012% $ 550.9k | |
Vice Chairman of Sales | 18.3yrs | US$4.36m | 0.38% $ 16.7m | |
Chief Information Officer & VP of Technical Services | 9.3yrs | US$4.66m | no data | |
Director of Investor Relations | 2.3yrs | no data | no data | |
Chief Marketing Officer | 2.3yrs | no data | no data | |
Chief Human Resources Officer | 6yrs | no data | no data | |
Senior Vice President of Strategic Programs | 2.3yrs | no data | no data | |
Field C.T.O | no data | no data | no data |
6.2yrs
Average Tenure
47yo
Average Age
Experienced Management: VS2's management team is seasoned and experienced (6.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder | 20.3yrs | US$14.11m | 0.48% $ 21.2m | |
Co-Founder & Director | 16.4yrs | US$227.51k | 0.095% $ 4.2m | |
Independent Director | 19.4yrs | US$234.76k | 0.20% $ 8.6m | |
Independent Director | 11.3yrs | US$231.01k | 0.11% $ 4.9m | |
Lead Independent Director | 11.3yrs | US$266.01k | 0.23% $ 10.2m | |
Independent Director | 8.9yrs | US$220.01k | 0.045% $ 2.0m | |
Independent Director | 9.3yrs | US$227.51k | 0.062% $ 2.7m | |
Independent Director | 3yrs | US$225.01k | 0.0083% $ 369.3k | |
Independent Director | 2.3yrs | US$227.76k | 0.014% $ 608.5k | |
Independent Director | 7.1yrs | US$232.51k | 0.010% $ 446.0k | |
Independent Director | 2.3yrs | US$220.01k | 0.0059% $ 260.4k |
9.3yrs
Average Tenure
63yo
Average Age
Experienced Board: VS2's board of directors are considered experienced (9.3 years average tenure).