F5 Management

Management criteria checks 3/4

F5's CEO is Francois Locoh-Donou, appointed in Apr 2017, has a tenure of 7.58 years. total yearly compensation is $10.86M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $37.82M. The average tenure of the management team and the board of directors is 7 years and 3.8 years respectively.

Key information

Francois Locoh-Donou

Chief executive officer

US$10.9m

Total compensation

CEO salary percentage	8.9%
CEO tenure	7.6yrs
CEO ownership	0.3%
Management average tenure	less than a year
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Francois Locoh-Donou's remuneration changed compared to F5's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$567m
Jun 30 2024	n/a	n/a	US$554m
Mar 31 2024	n/a	n/a	US$499m
Dec 31 2023	n/a	n/a	US$461m
Sep 30 2023	US$11m	US$962k	US$395m
Jun 30 2023	n/a	n/a	US$332m
Mar 31 2023	n/a	n/a	US$326m
Dec 31 2022	n/a	n/a	US$301m
Sep 30 2022	US$13m	US$925k	US$322m
Jun 30 2022	n/a	n/a	US$344m
Mar 31 2022	n/a	n/a	US$350m
Dec 31 2021	n/a	n/a	US$337m
Sep 30 2021	US$11m	US$875k	US$331m
Jun 30 2021	n/a	n/a	US$298m
Mar 31 2021	n/a	n/a	US$278m
Dec 31 2020	n/a	n/a	US$297m
Sep 30 2020	US$11m	US$875k	US$307m
Jun 30 2020	n/a	n/a	US$325m
Mar 31 2020	n/a	n/a	US$341m
Dec 31 2019	n/a	n/a	US$395m
Sep 30 2019	US$9m	US$850k	US$428m
Jun 30 2019	n/a	n/a	US$466m
Mar 31 2019	n/a	n/a	US$503m
Dec 31 2018	n/a	n/a	US$496m
Sep 30 2018	US$7m	US$810k	US$454m

Compensation vs Market: Francois's total compensation ($USD10.86M) is above average for companies of similar size in the UK market ($USD5.72M).

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

CEO

Francois Locoh-Donou (53 yo)

7.6yrs

Tenure

US$10,856,766

Compensation

Mr. Francois Locoh-Donou has been Chief Executive Officer and President at F5, Inc. (formally known as F5 Networks, Inc.) since April 3, 2017. Mr. Locoh-Donou has enterprise technology experience, building...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Francois Locoh-Donou	President	7.6yrs	US$10.86m	0.27% $ 37.8m
Francis Pelzer	Executive VP & CFO	6.5yrs	US$3.38m	0.065% $ 9.3m
Thomas Fountain	Chief Operating Officer	less than a year	US$4.16m	0.035% $ 5.0m
Chad Whalen	Chief Revenue Officer	less than a year	US$4.09m	0.024% $ 3.3m
Kunal Anand	Chief Innovation Officer	no data	no data	no data
Yvette Smith	Chief Information Officer & SVP of Customer Success and Business Transformation	no data	no data	no data
Suzanne DuLong	Vice President of Investor Relations	no data	no data	no data
Scot Rogers	Executive VP	10.8yrs	US$3.40m	0.038% $ 5.4m
Rob Gruening	Director of Corporate Communications	no data	no data	no data
Lyra Schramm	Chief People Officer	less than a year	no data	no data
Mark Kramer	Senior Vice President of Customer Support	no data	no data	no data

0.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 0IL6's management team is seasoned and experienced (7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Francois Locoh-Donou	President	7.6yrs	US$10.86m	0.27% $ 37.8m
Alan Higginson	Independent Non-Executive Chairman	28.5yrs	US$435.05k	0.018% $ 2.6m
Michel Combes	Independent Director	1.2yrs	US$394.00	0.0061% $ 869.6k
Nikhil Mehta	Independent Director	5.8yrs	US$335.05k	0.015% $ 2.1m
Elizabeth Buse	Independent Director	4.2yrs	US$346.03k	0.0090% $ 1.3m
Michael Dreyer	Independent Director	12.1yrs	US$355.05k	0.0084% $ 1.2m
Peter Klein	Independent Director	9.7yrs	US$350.05k	0.021% $ 2.9m
Tamara Erwin	Independent Director	1.1yrs	no data	0.0012% $ 170.2k
Marianne Budnik	Independent Director	2.1yrs	US$442.68k	0.0043% $ 610.0k
Maya McReynolds	Director	less than a year	no data	no data
Michael Montoya	Independent Director	3.4yrs	US$342.55k	0.0073% $ 1.0m
Julie Gonzalez	Director	less than a year	no data	no data

3.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 0IL6's board of directors are considered experienced (3.8 years average tenure).

F5 Management

Management criteria checks 3/4

Key information

Recent management updates

High number of new directors

F5, Inc. Appoints Edward Cooper Werner as Chief Financial Officer

F5, Inc. Announces Board Appointments

F5, Inc. Announces Executive Changes

F5, Inc. Announces Executive Appointments

F5, Inc., Annual General Meeting, Mar 14, 2024

Recent updates

F5 Introduces AI Gateway to Manage and Secure Surging AI Traffic and Application Demands

High number of new directors

F5, Inc. Appoints Edward Cooper Werner as Chief Financial Officer

Full year 2024 earnings released: EPS: US$9.65 (vs US$6.59 in FY 2023)

F5, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2025

F5 to Supercharge AI Application Delivery for Service Providers and Enterprises with NVIDIA BlueField-3 DPUs

F5, Inc. Announces Board Appointments

F5, Inc. to Report Q4, 2024 Results on Oct 28, 2024

F5, Inc. Announces Executive Changes

F5, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2024

Third quarter 2024 earnings released: EPS: US$2.46 (vs US$1.48 in 3Q 2023)

F5, Inc. to Report Q3, 2024 Results on Jul 29, 2024

New minor risk - Insider selling

F5 Delivers New Solutions that Radically Simplify Security for Every App and API

Second quarter 2024 earnings released: EPS: US$2.03 (vs US$1.35 in 2Q 2023)

F5, Inc. to Report Q2, 2024 Results on Apr 29, 2024

F5, Inc. Announces Executive Appointments

F5 Transforms Application Security for the AI Era

First quarter 2024 earnings released: EPS: US$2.34 (vs US$1.21 in 1Q 2023)

F5, Inc., Annual General Meeting, Mar 14, 2024

F5, Inc. Appoints Samir Sherif as Chief Information Security Officer

F5, Inc. to Report Q1, 2024 Results on Jan 29, 2024

F5, Inc. Appoints Tami Erwin to Board of Directors

F5, Inc. Provides Revenue Guidance for First Quarter and Fiscal Year 2024

Full year 2023 earnings released: EPS: US$6.59 (vs US$5.35 in FY 2022)

F5, Inc. to Report Q4, 2023 Results on Oct 24, 2023

F5, Inc. Announces Resignation of James Phillips from His Position as A Director of the Company

Third quarter 2023 earnings released: EPS: US$1.48 (vs US$1.38 in 3Q 2022)

F5, Inc. to Report Q3, 2023 Results on Jul 24, 2023

F5, Inc. to Report Q3, 2023 Results on Jul 24, 2023

F5, Inc.(NasdaqGS:FFIV) dropped from Russell 1000 Dynamic Index

Independent Non-Executive Chairman recently sold US$140k worth of stock

Second quarter 2023 earnings released: EPS: US$1.35 (vs US$0.93 in 2Q 2022)

F5 Announces General Availability of NGINXaaS for Azure

F5, Inc., Annual General Meeting, Mar 09, 2023

First quarter 2023 earnings released: EPS: US$1.21 (vs US$1.54 in 1Q 2022)

F5, Inc. (NasdaqGS:FFIV) agreed to acquire Lilac Cloud, Inc.

F5, Inc. Announces Board Changes

F5, Inc. to Report Q1, 2023 Results on Jan 24, 2023

F5, Inc. Expands SaaS-Based Security Portfolio with Launch of F5 Distributed Cloud App Infrastructure Protection

High number of new directors

Executive VP recently sold US$769k worth of stock

F5, Inc. Announces Resignation of Haiyan Song as Executive Vice President and General Manager of Security and Distributed Cloud Services

High number of new directors

F5, Inc. Provides Revenue Guidance for the First Quarter of Fiscal Year 2023

Full year 2022 earnings released: EPS: US$5.35 (vs US$5.46 in FY 2021)

F5, Inc. Appoints Marianne Budnik to Board of Directors

F5, Inc. to Report Q4, 2022 Results on Oct 25, 2022

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$1.38 (vs US$1.49 in 3Q 2021)

F5, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2022

F5, Inc. to Report Q3, 2022 Results on Jul 25, 2022

Independent Non-Executive Chairman recently sold US$165k worth of stock

F5 Announces Enhancements to F5 Distributed Cloud Services

F5 Inc. Unveils Nginx for Microsoft Azure to Deliver Secure, High-Performance Applications for the Azure Ecosystem

F5 Inc. Unveils Nginx for Microsoft Azure to Deliver Secure, High-Performance Applications for the Azure Ecosystem

Second quarter 2022 earnings released: EPS: US$0.93 (vs US$0.71 in 2Q 2021)

F5, Inc. Provides Earnings Guidance for Third Quarter of Fiscal Year 2022

F5, Inc. to Report Q2, 2022 Results on Apr 26, 2022

F5, Inc. Strengthens Protection of the Digital World with F5 Distributed Cloud Services

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

F5, Inc. Announces Revenue Guidance for the Fiscal Year 2022

F5 Announces Multiple Security Offerings to Bridge Security and Fraud Team Operations

Full year 2021 earnings released: EPS US$5.46 (vs US$5.05 in FY 2020)

F5 Networks, Inc. (NasdaqGS:FFIV) signed a definitive agreement to acquire Threat Stack, Inc. for $68 million.

Independent Non-Executive Chairman recently sold US$202k worth of stock

F5 Doubles Down on Commitment to Open Source

High number of new directors

Third quarter 2021 earnings released: EPS US$1.49 (vs US$1.15 in 3Q 2020)