Okta Management
Management criteria checks 2/4
Okta's CEO is Todd McKinnon, appointed in Jan 2008, has a tenure of 16.42 years. total yearly compensation is $30.01M, comprised of 1% salary and 99% bonuses, including company stock and options. directly owns 3.39% of the company’s shares, worth $503.91M. The average tenure of the management team and the board of directors is 2.1 years and 5.5 years respectively.
Key information
Todd McKinnon
Chief executive officer
US$30.0m
Total compensation
| CEO salary percentage | 1.0% |
| CEO tenure | 16.4yrs |
| CEO ownership | 3.4% |
| Management average tenure | 2.1yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Okta: Navigating Volatility For Sustainable Growth, Buy
May 31Okta Is Priced For More Growth Than What The Firm Has To Offer (Earnings Preview)
May 24Is Okta, Inc. (NASDAQ:OKTA) Trading At A 27% Discount?
May 21
Okta: Rating Upgrade As Management Drives Focused 'Go-To-Market' Strategies And Expands Margins
Apr 23Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14Okta: Assessing Overly Optimistic Consensus Estimates And Valuations
Apr 01Should You Think About Buying Okta, Inc. (NASDAQ:OKTA) Now?
Mar 27Okta: Time To Take Chips Off The Table (Rating Downgrade)
Mar 22Okta Q4 Earnings: Revised Rating To Buy On Surprising Free Cash Flow Surge
Feb 29Okta: Zero-Trust Security Providing Further Upside Potential
Feb 20Are Investors Undervaluing Okta, Inc. (NASDAQ:OKTA) By 30%?
Feb 11Okta: Hold Until Management Provides Clearer Guidance
Feb 04Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Jan 06Subdued Growth No Barrier To Okta, Inc.'s (NASDAQ:OKTA) Price
Dec 19Is Okta, Inc. (NASDAQ:OKTA) Potentially Undervalued?
Nov 25Is Okta (NASDAQ:OKTA) Weighed On By Its Debt Load?
Sep 25An Intrinsic Calculation For Okta, Inc. (NASDAQ:OKTA) Suggests It's 31% Undervalued
Sep 04Is Now The Time To Look At Buying Okta, Inc. (NASDAQ:OKTA)?
Aug 14Okta, Inc.'s (NASDAQ:OKTA) P/S Still Appears To Be Reasonable
Jul 27Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Jun 20Calculating The Intrinsic Value Of Okta, Inc. (NASDAQ:OKTA)
May 06What Is Okta, Inc.'s (NASDAQ:OKTA) Share Price Doing?
Apr 15Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?
Feb 14Estimating The Fair Value Of Okta, Inc. (NASDAQ:OKTA)
Dec 24Okta: The Market Leader In Identity Management At A Bargain Valuation
Oct 03OKTA Stock: 50% Undervalued, But Demand Headwinds Might Send The Stock Lower
Sep 20Is Okta Stock A Buying Opportunity After Price Crashes Over 25%?
Sep 13If You Like Okta, Better Like It With Options
Sep 01Why Okta, (NASDAQ:OKTA) Twilio (NYSE:TWLO) and Akamai (NASDAQ:AKAM) May Fit Together in the Authentication Segment
Sep 01Buy Okta Heading Into The Earnings Print: The Giant Will Awaken
Aug 26Okta: A Winning Cybersecurity Opportunity
Aug 17Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?
Jul 31Okta: It's Good, But Not Good Enough
Jul 20Okta: Finally Time To Go Long
Jul 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 30 2024 | n/a | n/a | -US$276m |
| Jan 31 2024 | US$30m | US$306k | -US$355m |
| Oct 31 2023 | n/a | n/a | -US$464m |
| Jul 31 2023 | n/a | n/a | -US$592m |
| Apr 30 2023 | n/a | n/a | -US$691m |
| Jan 31 2023 | US$412k | US$306k | -US$815m |
| Oct 31 2022 | n/a | n/a | -US$903m |
| Jul 31 2022 | n/a | n/a | -US$915m |
| Apr 30 2022 | n/a | n/a | -US$982m |
| Jan 31 2022 | US$32m | US$306k | -US$848m |
| Oct 31 2021 | n/a | n/a | -US$683m |
| Jul 31 2021 | n/a | n/a | -US$534m |
| Apr 30 2021 | n/a | n/a | -US$318m |
| Jan 31 2021 | US$12m | US$306k | -US$266m |
| Oct 31 2020 | n/a | n/a | -US$241m |
| Jul 31 2020 | n/a | n/a | -US$232m |
| Apr 30 2020 | n/a | n/a | -US$215m |
| Jan 31 2020 | US$9m | US$306k | -US$209m |
| Oct 31 2019 | n/a | n/a | -US$189m |
| Jul 31 2019 | n/a | n/a | -US$155m |
| Apr 30 2019 | n/a | n/a | -US$152m |
| Jan 31 2019 | US$5m | US$306k | -US$125m |
| Oct 31 2018 | n/a | n/a | -US$118m |
| Jul 31 2018 | n/a | n/a | -US$121m |
| Apr 30 2018 | n/a | n/a | -US$108m |
| Jan 31 2018 | US$417k | US$285k | -US$110m |
Compensation vs Market: Todd's total compensation ($USD30.01M) is above average for companies of similar size in the US market ($USD13.53M).
Compensation vs Earnings: Todd's compensation has increased whilst the company is unprofitable.
CEO
Todd McKinnon (52 yo)
16.4yrs
Tenure
US$30,012,225
Compensation
Mr. Todd McKinnon serves as Chief Executive Officer of Okta at Auth0, Inc. since 2021. He co-founded Okta, Inc. in 2008 and has been its Chief Executive Officer since January 2009. From October 2003 to Feb...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 16.4yrs | US$30.01m | 3.39% $ 503.9m | |
| Co-Founder & Executive Vice Chairperson | 14.9yrs | US$1.93m | 0.83% $ 123.4m | |
| Chief Financial Officer | 3yrs | US$12.71m | 0.10% $ 14.9m | |
| Chief Accounting Officer | 1.8yrs | US$1.62m | 0.0034% $ 503.6k | |
| Chief Legal Officer & Corporate Secretary | 1.3yrs | US$9.09m | 0.019% $ 2.9m | |
| Chief Revenue Officer | 1.3yrs | US$7.54m | 0.018% $ 2.6m | |
| President & Chief Development Officer of Workforce Identity | 2.4yrs | no data | no data | |
| Co-founder & President of Business Operations | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| President of Customer Experience & Communications | less than a year | no data | no data | |
| Executive Vice President of Corporate Development | 6.3yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data |
2.1yrs
Average Tenure
49yo
Average Age
Experienced Management: OKTA's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 15.4yrs | US$30.01m | 3.39% $ 503.9m | |
| Co-Founder & Executive Vice Chairperson | 14.9yrs | US$1.93m | 0.83% $ 123.4m | |
| Lead Independent Director | 3.1yrs | US$254.05k | 0.0044% $ 661.0k | |
| Independent Director | 14.3yrs | US$250.05k | 0.34% $ 49.8m | |
| Independent Director | 5.5yrs | US$240.05k | 0.0053% $ 782.8k | |
| Independent Director | 7.5yrs | US$249.05k | 0.015% $ 2.2m | |
| Independent Director | 5.4yrs | US$245.55k | 0.0078% $ 1.2m | |
| Director | no data | no data | no data | |
| Independent Director | 5yrs | US$237.55k | 0.0051% $ 762.0k | |
| Independent Director | 1.8yrs | US$236.14k | 0.0024% $ 356.5k |
5.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: OKTA's board of directors are considered experienced (5.5 years average tenure).