Splunk Management

Management criteria checks 1/4

Splunk's CEO is Gary Steele, appointed in Apr 2022, has a tenure of 1.92 years. total yearly compensation is $51.21M, comprised of 1.4% salary and 98.6% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $38.25M. The average tenure of the management team and the board of directors is 1.9 years and 9.5 years respectively.

Key information

Gary Steele

Chief executive officer

US$51.2m

Total compensation

CEO salary percentage	1.4%
CEO tenure	1.9yrs
CEO ownership	0.1%
Management average tenure	1.9yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gary Steele's remuneration changed compared to Splunk's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	US$264m
Oct 31 2023	n/a	n/a	US$106m
Jul 31 2023	n/a	n/a	-US$23m
Apr 30 2023	n/a	n/a	-US$170m
Jan 31 2023	US$51m	US$730k	-US$278m

Compensation vs Market: Gary's total compensation ($USD51.21M) is above average for companies of similar size in the UK market ($USD5.17M).

Compensation vs Earnings: Insufficient data to compare Gary's compensation with company performance.

CEO

Gary Steele (61 yo)

1.9yrs

Tenure

US$51,212,720

Compensation

Mr. Gary L. Steele serves as President, Chief Executive Officer and Director at Splunk Inc. since April 11, 2022. He served as Interim Principal Financial Officer of Splunk Inc. from September 26, 2022 to...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gary Steele	President	1.9yrs	US$51.21m	0.14% $ 38.3m
Brian Roberts	Senior VP	1.2yrs	US$6.15m	0.074% $ 19.7m
Scott Morgan	Senior VP	7.2yrs	US$9.30m	0.068% $ 18.0m
Brian Kayman	Chief Accounting Officer	less than a year	no data	0.023% $ 6.1m
Wang Min	Chief Technology Officer	less than a year	no data	no data
Declan Morris	Chief Information Officer	no data	no data	no data
Ken Tinsley	Head of Investor Relations	no data	no data	no data
Claire Hockin	Senior VP & Chief Marketing Officer	2.7yrs	no data	no data
Sharyl Givens	Senior VP & Chief People Officer	1.4yrs	no data	no data
Ammar Maraqa	Senior VP & Chief Strategy Officer	4.2yrs	no data	no data
Seema Haji	Area Vice President & Head of Platform and Industry Marketing	no data	no data	no data
Christian Smith	Senior VP & Chief Revenue Officer	3.5yrs	no data	0.084% $ 22.3m

1.9yrs

Average Tenure

58yo

Average Age

Experienced Management: 0R09's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Gary Steele	President	1.9yrs	US$51.21m	0.14% $ 38.3m
Cameron Myhrvold	Board Advisor	16.5yrs	no data	no data
Graham Smith	Independent Chairman of the Board	13.2yrs	US$12.13m	0.020% $ 5.3m
Patricia Morrison	Independent Director	10.9yrs	US$268.48k	0.021% $ 5.5m
Mark Carges	Independent Director	9.5yrs	US$276.54k	0.013% $ 3.4m
Frederick Felman	Member of Advisory Board	no data	no data	no data
Elisa Steele	Independent Director	6.5yrs	US$260.10k	0.0053% $ 1.4m
Ray Suorsa	Member of Advisory Board	no data	no data	no data
Ethan Galstad	Member of Advisory Board	no data	no data	no data
Diane Hagglund	Member of Advisory Board	no data	no data	no data
Brent Chapman	Member of Advisory Board	no data	no data	no data
Luis Visoso	Independent Director	1.9yrs	US$507.19k	0.0026% $ 674.3k

9.5yrs

Average Tenure

61yo

Average Age

Experienced Board: 0R09's board of directors are considered experienced (9.5 years average tenure).

Splunk Management

Management criteria checks 1/4

Key information

Recent management updates

Splunk Inc., Annual General Meeting, Jun 21, 2023

Splunk Inc. Appoints Brian Roberts as Senior Vice President

Splunk Inc. Announces Resignation of Stephen G. Newberry as Member of the Board of Directors

Splunk Inc. Appoints Sharyl Givens as Chief People Officer

Splunk Inc. Announces Executive Changes

Splunk Inc. Announces Resignation of Jason Child as Senior Vice President

Recent updates

Splunk Unveils Leading Observability and Security Solutions for Microsoft Azure Customers

Splunk Inc. Introduces New Security Innovations to Power the SOC of the Future

Splunk Unveils Asset and Risk Intelligence to Revolutionize Proactive Risk Mitigation

Splunk Inc. Files Form 15

Splunk Inc.(NasdaqGM:SPLK) dropped from FTSE All-World Index (USD)

Splunk Inc.(NasdaqGS:SPLK) dropped from NASDAQ Composite Index

Cisco Systems, Inc. (NasdaqGS:CSCO) entered into an agreement and plan of merger to acquire Splunk Inc. (NasdaqGS:SPLK) from Hellman & Friedman Capital Partners X, L.P., managed by Hellman & Friedman LLC, BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., PRIMECAP Management Company and others.

Full year 2024 earnings released: EPS: US$1.58 (vs US$1.71 loss in FY 2023)

Splunk Inc. to Report Q4, 2024 Results on Feb 27, 2024

New minor risk - Earnings quality

Third quarter 2024 earnings released: EPS: US$0.58 (vs US$0.20 loss in 3Q 2023)

Splunk Inc. to Report Q3, 2024 Results on Nov 28, 2023

Cisco Systems, Inc. (NasdaqGS:CSCO) entered into an agreement and plan of merger to acquire Splunk Inc. (NasdaqGS:SPLK) from Hellman & Friedman Capital Partners X, L.P., managed by Hellman & Friedman LLC and others for approximately $28 billion.

Cisco Systems, Inc. (NasdaqGS:CSCO) entered into an agreement and plan of merger to acquire Splunk Inc. (NasdaqGS:SPLK) from Hellman & Friedman Capital Partners X, L.P., managed by Hellman & Friedman LLC and others for approximately $28 billion.

Splunk Inc. Provides Revenue Guidance for the Fiscal Third Quarter Ending October 31, 2023

New minor risk - Shareholder dilution

Forecast breakeven date moved forward to 2025

Splunk Inc. Provides Revenue Guidance for the Fiscal Year 2024

Second quarter 2024 earnings released: US$0.38 loss per share (vs US$1.30 loss in 2Q 2023)

Splunk Inc. to Report Q2, 2024 Results on Aug 23, 2023

Splunk Inc. Unveils New Product Innovations to Its Unified Security and Observability Platform

Splunk Inc. Announces Splunk Edge Hub to Enable Visibility Across Physical and Industrial Environments

Splunk Inc. Updates Earnings Guidance for the Fiscal Year Ending January 31, 2024

First quarter 2024 earnings released: US$1.19 loss per share (vs US$1.90 loss in 1Q 2023)

Splunk Inc. Announces Splunk Security for SAP®? Solutions Now an SAP Endorsed App

Splunk Inc., Annual General Meeting, Jun 21, 2023

Splunk Inc. to Report Q1, 2024 Results on May 24, 2023

Full year 2023 earnings released: US$1.71 loss per share (vs US$8.29 loss in FY 2022)

Splunk Inc. to Report Q4, 2023 Results on Mar 01, 2023

Forecast to breakeven in 2026

Splunk Inc. Appoints Brian Roberts as Senior Vice President

Splunk Inc. Announces Resignation of Stephen G. Newberry as Member of the Board of Directors

Third quarter 2023 earnings released: US$0.20 loss per share (vs US$2.14 loss in 3Q 2022)

Splunk Inc. Revised Revenue Guidance for the Fiscal Year Ending January 31, 2023

Splunk Inc. (NasdaqGS:SPLK) acquired Twinwave Security, Inc.

Splunk Inc. to Report Q3, 2023 Results on Nov 30, 2022

Splunk Inc. Appoints Sharyl Givens as Chief People Officer

Splunk Inc. Announces Executive Changes

Splunk Inc. Reaffirms Earnings Guidance for the Third Quarter and Full Year of Fiscal 2023

Splunk Inc. Announces Resignation of Jason Child as Senior Vice President

Splunk Inc. Announces the Resignation of Sara Baack as Member of the Board, Effective December 12, 2022

Splunk Inc. Appoints Tom Casey as Senior Vice President and General Manager, Platform

Splunk Inc. Appoints Jason Lee as Chief Information Security Officer

Second quarter 2023 earnings released: US$1.30 loss per share (vs US$2.34 loss in 2Q 2022)

Splunk Inc. Provide Earnings Guidance for the Third Quarter Ending October 31, 2022

Splunk Inc. to Report Q2, 2023 Results on Aug 24, 2022

Splunk Delivers Security and Observability Solutions for the Hybrid Cloud World

First quarter 2023 earnings released: US$1.90 loss per share (vs US$2.89 loss in 1Q 2022)

Splunk Inc. Provides Earnings Guidance for the Second Quarter Ending July 31, 2022

Splunk Appoints Petra Jenner as Senior Vice President and General Manager for Europe, Middle East and Africa

Splunk Inc. Names Katie Bianchi as Senior Vice President and Chief Customer Officer

Splunk Inc. to Report Q1, 2023 Results on May 25, 2022

Splunk Inc., Annual General Meeting, Jun 16, 2022

Splunk Inc. Appoints Luis Felipe Visoso to Board of Directors

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Splunk Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2023

Splunk Inc. to Report Q4, 2022 Results on Mar 02, 2022

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Splunk Inc. Provides Earnings Guidance for the Fiscal Fourth Quarter and Fiscal Year Ending January 31, 2022 and Fiscal Year Ending January 31, 2023

Second quarter 2022 earnings released: US$2.34 loss per share (vs US$1.64 loss in 2Q 2021)

Splunk Inc. Provides Earnings Guidance for the Quarter Ending October 31, 2021 and Year Ending January 31, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members