Palo Alto Networks Management

Management criteria checks 2/4

Palo Alto Networks' CEO is Nikesh Arora, appointed in Jun 2018, has a tenure of 6.33 years. total yearly compensation is $151.43M, comprised of 0.5% salary and 99.5% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $182.99M. The average tenure of the management team and the board of directors is 3.7 years and 9.7 years respectively.

Key information

Nikesh Arora

Chief executive officer

US$151.4m

Total compensation

CEO salary percentage	0.5%
CEO tenure	6.3yrs
CEO ownership	0.2%
Management average tenure	3.7yrs
Board average tenure	9.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nikesh Arora's remuneration changed compared to Palo Alto Networks's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	US$3b
Apr 30 2024	n/a	n/a	US$2b
Jan 31 2024	n/a	n/a	US$2b
Oct 31 2023	n/a	n/a	US$614m
Jul 31 2023	US$151m	US$750k	US$440m
Apr 30 2023	n/a	n/a	US$215m
Jan 31 2023	n/a	n/a	US$34m
Oct 31 2022	n/a	n/a	-US$143m
Jul 31 2022	US$10m	US$250k	-US$267m
Apr 30 2022	n/a	n/a	-US$390m
Jan 31 2022	n/a	n/a	-US$461m
Oct 31 2021	n/a	n/a	-US$510m
Jul 31 2021	US$23m	US$333k	-US$499m
Apr 30 2021	n/a	n/a	-US$438m
Jan 31 2021	n/a	n/a	-US$368m
Oct 31 2020	n/a	n/a	-US$300m
Jul 31 2020	US$2m	US$667k	-US$267m
Apr 30 2020	n/a	n/a	-US$229m
Jan 31 2020	n/a	n/a	-US$174m
Oct 31 2019	n/a	n/a	-US$103m
Jul 31 2019	US$24m	US$1m	-US$82m
Apr 30 2019	n/a	n/a	-US$54m
Jan 31 2019	n/a	n/a	-US$74m
Oct 31 2018	n/a	n/a	-US$97m
Jul 31 2018	US$126m	US$156k	-US$122m

Compensation vs Market: Nikesh's total compensation ($USD151.43M) is above average for companies of similar size in the UK market ($USD5.83M).

Compensation vs Earnings: Nikesh's compensation has increased by more than 20% in the past year.

CEO

Nikesh Arora (56 yo)

6.3yrs

Tenure

US$151,425,203

Compensation

Mr. Nikesh Arora, C.F.A., serves as the Chairman and Chief Executive Officer of Palo Alto Networks, Inc. since joining it on June 06, 2018. Mr. Arora was an Advisor of SoftBank Group Corp. since July 1, 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nikesh Arora	Chairman & CEO	6.3yrs	US$151.43m	0.15% $ 183.0m
William Jenkins	President	3.2yrs	US$14.02m	0.0023% $ 2.8m
Nir Zuk	Founder	19.6yrs	US$8.09m	0.43% $ 513.6m
Dipak Golechha	Executive VP & CFO	3.6yrs	US$9.38m	0.017% $ 20.0m
Lee Klarich	Executive VP & Chief Product Officer	7.2yrs	US$17.09m	0.16% $ 195.4m
Yuming Mao	Founder & Chief Architect	19.8yrs	no data	no data
Josh Paul	Senior VP & Chief Accounting Officer	3.1yrs	no data	0.0028% $ 3.3m
Meerah Rajavel	Chief Information Officer	2.5yrs	no data	no data
Clay Bilby	Head of Investor Relations	no data	no data	no data
Bruce Byrd	Executive VP	3.8yrs	no data	no data
Walter Pritchard	Senior Vice President of Investor Relations & Corporate Development	no data	no data	no data
K. Unnikrishnan	Chief Marketing Officer	1.6yrs	no data	no data

3.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 0KF5's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nikesh Arora	Chairman & CEO	6.3yrs	US$151.43m	0.15% $ 183.0m
Nir Zuk	Founder	19.6yrs	US$8.09m	0.43% $ 513.6m
James Goetz	Independent Director	19.5yrs	no data	0.062% $ 74.3m
Richard Spires	Member of Public Sector Advisory Council	9.7yrs	no data	no data
Peter Pace	Member of Public Sector Advisory Council	9.7yrs	no data	no data
John Donovan	Lead Independent Director	12.1yrs	US$413.93k	0.0051% $ 6.1m
Lorraine Twohill	Independent Director	5.5yrs	US$361.05k	0.0058% $ 7.0m
Carl Eschenbach	Independent Director	11.4yrs	US$337.25k	0.0052% $ 6.3m
Mary McCarthy	Independent Director	8yrs	US$370.85k	0.0095% $ 11.4m
Rhett Hernandez	Member of Public Sector Advisory Council	9.7yrs	no data	no data
Bruce McConnell	Member of Public Sector Advisory Council	9.7yrs	no data	no data
John Key	Independent Director	5.5yrs	US$380.34k	0.0024% $ 2.9m

9.7yrs

Average Tenure

62yo

Average Age

Experienced Board: 0KF5's board of directors are considered experienced (9.7 years average tenure).

Palo Alto Networks Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Director recently sold US$1.0m worth of stock

Palo Alto Networks, Inc., Annual General Meeting, Dec 12, 2023

Independent Director recently sold US$1.8m worth of stock

Chairman & CEO recently sold US$17m worth of stock

Insider recently sold US$148k worth of stock

Insider recently sold US$102k worth of stock

Recent updates

Independent Director recently sold US$1.0m worth of stock

Full year 2024 earnings released: EPS: US$8.08 (vs US$1.45 in FY 2023)

Palo Alto Networks, Inc. Provides Earnings Guidance for the Fiscal First Quarter 2025 and Fiscal Year 2025

Palo Alto Networks, Inc. to Report Q4, 2024 Results on Aug 19, 2024

Palo Alto Networks, Inc. Provides Earnings Guidance for the Fourth Quarter 2024 and Updated Earnings Guidance for the Year 2024

Third quarter 2024 earnings released: EPS: US$0.86 (vs US$0.35 in 3Q 2023)

Palo Alto Networks Unveils Enhanced Flexibility and Customization with Cortex XSIAM, the Precision AI Powered SOC Platform

Palo Alto Networks, Inc. to Report Q3, 2024 Results on May 20, 2024

Palo Alto Networks Delivers the Industry's First Cloud-Optimized SOC Platform

Investor sentiment improves as stock rises 17%

Block & Leviton LLP Files Lawsuit Against Palo Alto Networks

Second quarter 2024 earnings released: EPS: US$5.47 (vs US$0.28 in 2Q 2023)

Palo Alto Networks, Inc. Provides Earnings Guidance for the Fiscal Third Quarter and Fiscal Year 2024

Palo Alto Networks, Inc. to Report Q2, 2024 Results on Feb 20, 2024

Now 21% undervalued

Palo Alto Networks, Inc. (NasdaqGS:PANW) acquired Talon Cyber Security Ltd.

Palo Alto Networks, Inc. (NasdaqGS:PANW) acquired of Dig Security Solutions Ltd.

First quarter 2024 earnings released: EPS: US$0.63 (vs US$0.067 in 1Q 2023)

Palo Alto Networks, Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year of 2024

Palo Alto Networks, Inc. Launches Strata Cloud Manager

Palo Alto Networks, Inc. (NasdaqGS:PANW) entered into a definitive agreement to acquire Talon Cyber Security Ltd.

Palo Alto Networks, Inc. to Report Q1, 2024 Results on Nov 15, 2023

Palo Alto Networks, Inc. (NasdaqGS:PANW) signed an agreement to acquire Dig Security Solutions Ltd.

Palo Alto Networks, Inc., Annual General Meeting, Dec 12, 2023

Palo Alto Networks Revolutionizes Cloud Security with Integrated Code to Cloud Intelligence

Palo Alto Reportedly in Advanced Talks to Buy Two Security Startups

Full year 2023 earnings released: EPS: US$1.45 (vs US$0.90 loss in FY 2022)

Independent Director recently sold US$1.8m worth of stock

New minor risk - Share price stability

Full year 2023 earnings released: EPS: US$1.45 (vs US$0.90 loss in FY 2022)

Palo Alto Networks Provides Earnings Guidance for the Fiscal First Quarter 2024 and Fiscal Year 2024

Palo Alto Networks, Inc. to Report Q4, 2023 Results on Aug 18, 2023

Now 25% undervalued

Palo Alto Networks Introduces CI/CD Security, Becoming the First CNAPP to Extend Security into the Software Delivery Pipeline

Now 24% undervalued

Now 22% undervalued

Chairman & CEO recently sold US$17m worth of stock

Insider recently sold US$148k worth of stock

Palo Alto Networks, Inc. Provides Earnings Guidance for the Fiscal Fourth Quarter and Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$0.35 (vs US$0.25 loss in 3Q 2022)

Insider recently sold US$102k worth of stock

Independent Director recently sold US$469k worth of stock

Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.32 loss in 2Q 2022)

Forecast breakeven date moved forward to 2023

Forecast breakeven date moved forward to 2023

Palo Alto Networks, Inc. to Report Q2, 2023 Results on Feb 21, 2023

Forecast to breakeven in 2023

Forecast to breakeven in 2023

Palo Alto Networks, Inc. (NasdaqGS:PANW) completed the acquisition of Cider Security Ltd.

Independent Director recently sold US$24m worth of stock

Palo Alto Networks, Inc. Announces Medical IOT Security to Protect Connected Devices Critical to Patient Care

Insider recently sold US$122k worth of stock

First quarter 2023 earnings released: EPS: US$0.067 (vs US$0.35 loss in 1Q 2022)

Palo Alto Networks, Inc. (NasdaqGS:PANW) entered into a definitive agreement to acquire Cider Security Ltd. for $195 million.

Palo Alto Networks Announces PAN-OS 11.0 Nova to Keep Organizations One Step Ahead of Zero Day Threats

Insufficient new directors

Palo Alto Networks, Inc., Annual General Meeting, Dec 13, 2022

Palo Alto Networks, Inc. to Report Q1, 2023 Results on Nov 17, 2022

Senior VP & Chief Accounting Officer recently sold US$125k worth of stock

Palo Alto Networks 5G-Native Security Now Available on Microsoft Azure Private Multi-Access Edge Compute

Palo Alto Networks Strengthens Its Protection for SaaS Applications and Reinforces ZTNA 2.0 with New Capabilities

Insider recently sold US$134k worth of stock

Forecast breakeven date moved forward to 2023

Full year 2022 earnings released: US$2.71 loss per share (vs US$5.18 loss in FY 2021)

Palo Alto Networks, Inc. Provides Earnings Guidance for the Fiscal First Quarter 2023 and Fiscal Year 2023

Palo Alto Networks, Inc. Introduces Unit 42 Managed Detection and Response (Unit 42 MDR) to Address This Need with a New Service That Can Offer Continuous 24/7 Threat Detection

Palo Alto Networks, Inc. to Report Q4, 2022 Results on Aug 22, 2022

Forecast to breakeven in 2025

Palo Alto Networks Inc. Bolsters Cloud Native Security Offerings with Out-Of-Band WAAS