Fortinet Management
Management criteria checks 3/4
Fortinet's CEO is Ken Xie, appointed in Oct 2000, has a tenure of 25.92 years. total yearly compensation is $11.46M, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 7.88% of the company’s shares, worth €7.83B. The average tenure of the management team and the board of directors is 2.7 years and 5.4 years respectively.
Key information
Ken Xie
Chief executive officer
US$11.5m
Total compensation
| CEO salary percentage | 5.21% |
| CEO tenure | 25.9yrs |
| CEO ownership | 7.9% |
| Management average tenure | 2.7yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | US$2b |
| Mar 31 2026 | n/a | n/a | US$2b |
| Dec 31 2025 | US$11m | US$597k | US$2b |
| Sep 30 2025 | n/a | n/a | US$2b |
| Jun 30 2025 | n/a | n/a | US$2b |
| Mar 31 2025 | n/a | n/a | US$2b |
| Dec 31 2024 | US$13m | US$597k | US$2b |
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$16m | US$622k | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$967m |
| Dec 31 2022 | US$14m | US$797k | US$857m |
| Sep 30 2022 | n/a | n/a | US$743m |
| Jun 30 2022 | n/a | n/a | US$674m |
| Mar 31 2022 | n/a | n/a | US$638m |
| Dec 31 2021 | US$14m | US$797k | US$607m |
| Sep 30 2021 | n/a | n/a | US$555m |
| Jun 30 2021 | n/a | n/a | US$515m |
| Mar 31 2021 | n/a | n/a | US$491m |
| Dec 31 2020 | US$11m | US$793k | US$489m |
| Sep 30 2020 | n/a | n/a | US$460m |
| Jun 30 2020 | n/a | n/a | US$417m |
| Mar 31 2020 | n/a | n/a | US$378m |
| Dec 31 2019 | US$10m | US$750k | US$332m |
Compensation vs Market: Ken's total compensation ($USD11.46M) is above average for companies of similar size in the Italian market ($USD6.31M).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
CEO
Ken Xie (63 yo)
Mr. Ken Xie is a Co-Founder and has been Chief Executive Officer and Director at Fortinet, Inc. since October 2000. Mr. Xie serves as an Advisor at WI Harper Group. He serves as an Advisor at ForgePoint Ca...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 25.9yrs | US$11.46m | 7.88% € 7.8b | |
| Co-Founder | 25.9yrs | US$6.58m | 7.62% € 7.6b | |
| Chief Accounting Officer | 2.5yrs | US$4.42m | 0.0014% € 1.4m | |
| Chief Operating Officer | 2.7yrs | US$6.04m | 0.013% € 13.1m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive Vice President of Marketing | less than a year | no data | no data | |
| Executive Vice President of Technology & Product Management | 3.7yrs | no data | no data | |
| Executive Vice President of International Sales | 2.7yrs | no data | no data | |
| Chief Information Security Officer | 2.3yrs | no data | no data | |
| Executive Vice President of US Sales | no data | no data | no data | |
| Senior Vice President of Worldwide Human Resources | 1.1yrs | no data | no data | |
| Regional Vice President for Southern Europe & Head of Carrier/MSSP Business Practice for EMEA Region | 8.6yrs | no data | no data |
Experienced Management: 1FTNT's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 25.9yrs | US$11.46m | 7.88% € 7.8b | |
| Co-Founder | 25.6yrs | US$6.58m | 7.62% € 7.6b | |
| Independent Director | 5.9yrs | US$306.75k | 0.0060% € 5.9m | |
| Independent Director | 13.4yrs | US$290.52k | 0.0086% € 8.5m | |
| Chairperson of Public Sector Advisory Council | 4.3yrs | US$331.61k | no data | |
| Lead Independent Director | 11.3yrs | US$329.25k | 0.018% € 17.5m | |
| Member of Public Sector Advisory Council | 4.3yrs | no data | no data | |
| Independent Director | 6.9yrs | US$279.15k | 0.0053% € 5.3m | |
| Member of Public Sector Advisory Council | 4.3yrs | no data | no data | |
| Independent Director | 4.9yrs | US$284.25k | 0.0023% € 2.3m | |
| Member of Public Sector Advisory Council | 4.3yrs | no data | no data | |
| Member of Public Sector Advisory Council | 4.3yrs | no data | no data |
Experienced Board: 1FTNT's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/09 07:54 |
| End of Day Share Price | 2026/09/09 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Learn about the 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 Github.
Analyst Sources
Fortinet, Inc. is covered by 69 analysts. 42 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ellie Bagshaw | Arete Research Services LLP |
| Shrenik Kothari | Baird |
| Danny Kaplan | Barclays |