Varonis Systems Management
Management criteria checks 2/4
Varonis Systems' CEO is Yaki Faitelson, appointed in Jan 2004, has a tenure of 20.25 years. total yearly compensation is $14.11M, comprised of 4% salary and 96% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth $23.92M. The average tenure of the management team and the board of directors is 6.1 years and 9.2 years respectively.
Key information
Yaki Faitelson
Chief executive officer
US$14.1m
Total compensation
| CEO salary percentage | 4.0% |
| CEO tenure | 20.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 6.1yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
When Should You Buy Varonis Systems, Inc. (NASDAQ:VRNS)?
Apr 24
Investor Optimism Abounds Varonis Systems, Inc. (NASDAQ:VRNS) But Growth Is Lacking
Apr 06Health Check: How Prudently Does Varonis Systems (NASDAQ:VRNS) Use Debt?
Mar 19Varonis Systems: Solid Outlook For The Business
Feb 19Is Varonis Systems, Inc. (NASDAQ:VRNS) Trading At A 26% Discount?
Feb 09Varonis: Still Strong Demand Due To Secular Growth Drivers
Feb 08Is Now The Time To Look At Buying Varonis Systems, Inc. (NASDAQ:VRNS)?
Jan 22Varonis Systems, Inc.'s (NASDAQ:VRNS) Business Is Trailing The Industry But Its Shares Aren't
Jan 04Does Varonis Systems (NASDAQ:VRNS) Have A Healthy Balance Sheet?
Dec 17An Intrinsic Calculation For Varonis Systems, Inc. (NASDAQ:VRNS) Suggests It's 40% Undervalued
Oct 27Is Varonis Systems, Inc. (NASDAQ:VRNS) Potentially Undervalued?
Oct 09Is Varonis Systems (NASDAQ:VRNS) Weighed On By Its Debt Load?
Sep 18What Varonis Systems, Inc.'s (NASDAQ:VRNS) P/S Is Not Telling You
Aug 17Is There An Opportunity With Varonis Systems, Inc.'s (NASDAQ:VRNS) 34% Undervaluation?
Jul 05At US$25.65, Is Varonis Systems, Inc. (NASDAQ:VRNS) Worth Looking At Closely?
May 29Is Varonis Systems (NASDAQ:VRNS) Weighed On By Its Debt Load?
May 11Estimating The Intrinsic Value Of Varonis Systems, Inc. (NASDAQ:VRNS)
Mar 28Health Check: How Prudently Does Varonis Systems (NASDAQ:VRNS) Use Debt?
Feb 06A Look At The Fair Value Of Varonis Systems, Inc. (NASDAQ:VRNS)
Dec 24When Should You Buy Varonis Systems, Inc. (NASDAQ:VRNS)?
Dec 02Revenue Downgrade: Here's What Analysts Forecast For Varonis Systems, Inc. (NASDAQ:VRNS)
Nov 06Does Varonis Systems (NASDAQ:VRNS) Have A Healthy Balance Sheet?
Oct 16Varonis Systems Grows Revenue But Operating Losses And Risks Remain High
Oct 03Varonis: Value, Growth, And Huge Data Security Tailwinds
Sep 18Varonis Non-GAAP EPS of $0.00 beats by $0.01, revenue of $111.45M beats by $0.19M, raises FY22 EPS guidance
Aug 01Wolfe Research downgrades Varonis Systems ahead of Q2 earnings, cites slowing demand
Jul 25Is Varonis Systems (NASDAQ:VRNS) Weighed On By Its Debt Load?
Jul 13Varonis Systems' price target cut at Barclays as stock slides to 52-week low
Jul 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$14m | US$560k | -US$101m |
| Sep 30 2023 | n/a | n/a | -US$111m |
| Jun 30 2023 | n/a | n/a | -US$116m |
| Mar 31 2023 | n/a | n/a | -US$114m |
| Dec 31 2022 | US$10m | US$560k | -US$125m |
| Sep 30 2022 | n/a | n/a | -US$139m |
| Jun 30 2022 | n/a | n/a | -US$133m |
| Mar 31 2022 | n/a | n/a | -US$130m |
| Dec 31 2021 | US$10m | US$560k | -US$117m |
| Sep 30 2021 | n/a | n/a | -US$111m |
| Jun 30 2021 | n/a | n/a | -US$107m |
| Mar 31 2021 | n/a | n/a | -US$98m |
| Dec 31 2020 | US$6m | US$532k | -US$94m |
| Sep 30 2020 | n/a | n/a | -US$90m |
| Jun 30 2020 | n/a | n/a | -US$87m |
| Mar 31 2020 | n/a | n/a | -US$88m |
| Dec 31 2019 | US$8m | US$560k | -US$79m |
| Sep 30 2019 | n/a | n/a | -US$58m |
| Jun 30 2019 | n/a | n/a | -US$48m |
| Mar 31 2019 | n/a | n/a | -US$36m |
| Dec 31 2018 | US$9m | US$560k | -US$29m |
| Sep 30 2018 | n/a | n/a | -US$28m |
| Jun 30 2018 | n/a | n/a | -US$24m |
| Mar 31 2018 | n/a | n/a | -US$17m |
| Dec 31 2017 | US$3m | US$400k | -US$14m |
Compensation vs Market: Yaki 's total compensation ($USD14.11M) is above average for companies of similar size in the US market ($USD8.42M).
Compensation vs Earnings: Yaki 's compensation has increased whilst the company is unprofitable.
CEO
Yaki Faitelson (48 yo)
20.3yrs
Tenure
US$14,112,979
Compensation
Mr. Yakov Faitelson, also known as Yaki, Co-founded Varonis Systems, Inc. in 2004 and has been its Chairman, Chief Executive Officer and President since 2004. Mr. Faitelson is responsible for leading the m...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 20.3yrs | US$14.11m | 0.49% $ 23.9m | |
| Co-Founder & Director | 20.3yrs | US$227.51k | 0.094% $ 4.6m | |
| CFO & COO | 7yrs | US$5.55m | 0.24% $ 11.5m | |
| Executive VP of Engineering & CTO | 6.1yrs | US$5.87m | 0.058% $ 2.8m | |
| VP, General Counsel & Corporate Secretary | 3yrs | US$3.41m | 0.041% $ 2.0m | |
| Vice Chairman of Sales | 18.3yrs | US$4.36m | 0.32% $ 15.5m | |
| Chief Information Officer & VP of Technical Services | 9.2yrs | US$4.66m | no data | |
| Director of Investor Relations | 2.3yrs | no data | no data | |
| Chief Marketing Officer | 2.2yrs | no data | no data | |
| Chief Human Resources Officer | 5.9yrs | no data | no data | |
| Senior Vice President of Strategic Programs | 2.2yrs | no data | no data | |
| Field C.T.O | no data | no data | no data |
6.1yrs
Average Tenure
47yo
Average Age
Experienced Management: VRNS's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 20.3yrs | US$14.11m | 0.49% $ 23.9m | |
| Co-Founder & Director | 16.3yrs | US$227.51k | 0.094% $ 4.6m | |
| Independent Director | 19.3yrs | US$234.76k | 0.20% $ 9.5m | |
| Independent Director | 11.3yrs | US$231.01k | 0.11% $ 5.4m | |
| Lead Independent Director | 11.3yrs | US$266.01k | 0.23% $ 11.3m | |
| Independent Director | 8.8yrs | US$220.01k | 0.045% $ 2.2m | |
| Independent Director | 9.2yrs | US$227.51k | 0.062% $ 3.0m | |
| Independent Director | 2.9yrs | US$225.01k | 0.0080% $ 388.5k | |
| Independent Director | 2.3yrs | US$227.76k | 0.014% $ 671.4k | |
| Independent Director | 7yrs | US$232.51k | 0.010% $ 492.1k | |
| Independent Director | 2.3yrs | US$220.01k | 0.0055% $ 267.8k |
9.2yrs
Average Tenure
63yo
Average Age
Experienced Board: VRNS's board of directors are considered experienced (9.2 years average tenure).