Varonis Systems Management
Management criteria checks 2/4
Varonis Systems' CEO is Yaki Faitelson, appointed in Jan 2004, has a tenure of 20.83 years. total yearly compensation is $14.11M, comprised of 4% salary and 96% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth $31.07M. The average tenure of the management team and the board of directors is 6.7 years and 9.8 years respectively.
Key information
Yaki Faitelson
Chief executive officer
US$14.1m
Total compensation
| CEO salary percentage | 4.0% |
| CEO tenure | 20.8yrs |
| CEO ownership | 0.6% |
| Management average tenure | 6.7yrs |
| Board average tenure | 9.8yrs |
Recent management updates
Recent updates
Varonis Systems: 3 Factors That Make It A Buy
Oct 11Varonis Systems, Inc.'s (NASDAQ:VRNS) Intrinsic Value Is Potentially 25% Below Its Share Price
Sep 23
Varonis Systems, Inc.'s (NASDAQ:VRNS) Share Price Not Quite Adding Up
Aug 18Varonis Systems: Firing On All Cylinders
Jul 31Is It Too Late To Consider Buying Varonis Systems, Inc. (NASDAQ:VRNS)?
Jul 29Is Varonis Systems (NASDAQ:VRNS) Using Too Much Debt?
Jul 11Calculating The Fair Value Of Varonis Systems, Inc. (NASDAQ:VRNS)
May 31Varonis Systems: SaaS Transition Going Well
May 29When Should You Buy Varonis Systems, Inc. (NASDAQ:VRNS)?
Apr 24Investor 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 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$84m |
| Jun 30 2024 | n/a | n/a | -US$88m |
| Mar 31 2024 | n/a | n/a | -US$103m |
| 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 ($USD7.78M).
Compensation vs Earnings: Yaki 's compensation has increased whilst the company is unprofitable.
CEO
Yaki Faitelson (49 yo)
20.8yrs
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 | 20.8yrs | US$14.11m | 0.55% $ 31.1m | |
| Co-Founder & Director | 20.8yrs | US$227.51k | 0.094% $ 5.3m | |
| CFO & COO | 7.6yrs | US$5.55m | 0.15% $ 8.3m | |
| Executive VP of Engineering & CTO | 6.7yrs | US$5.87m | 0.30% $ 16.9m | |
| VP, General Counsel & Corporate Secretary | 3.6yrs | US$3.41m | 0.031% $ 1.7m | |
| Vice Chairman of Sales | 18.8yrs | US$4.36m | 0.25% $ 14.2m | |
| Chief Information Officer & VP of Technical Services | 9.8yrs | US$4.66m | no data | |
| Director of Investor Relations | 2.8yrs | no data | no data | |
| Chief Marketing Officer | 2.8yrs | no data | no data | |
| Chief Human Resources Officer | 6.5yrs | no data | no data | |
| Senior Vice President of Strategic Programs | 2.8yrs | no data | no data | |
| Field C.T.O | no data | no data | no data |
6.7yrs
Average Tenure
48yo
Average Age
Experienced Management: VRNS's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 20.8yrs | US$14.11m | 0.55% $ 31.1m | |
| Co-Founder & Director | 16.9yrs | US$227.51k | 0.094% $ 5.3m | |
| Independent Director | 19.9yrs | US$234.76k | 0.19% $ 10.6m | |
| Independent Director | 11.8yrs | US$231.01k | 0.11% $ 6.0m | |
| Lead Independent Director | 11.8yrs | US$266.01k | 0.22% $ 12.6m | |
| Independent Director | 9.4yrs | US$220.01k | 0.043% $ 2.4m | |
| Independent Director | 9.8yrs | US$227.51k | 0.060% $ 3.4m | |
| Independent Director | 3.5yrs | US$225.01k | 0.0081% $ 454.1k | |
| Independent Director | 2.8yrs | US$227.76k | 0.013% $ 748.3k | |
| Independent Director | 7.6yrs | US$232.51k | 0.0098% $ 548.4k | |
| Independent Director | 2.8yrs | US$220.01k | 0.0057% $ 320.0k |
9.8yrs
Average Tenure
64yo
Average Age
Experienced Board: VRNS's board of directors are considered experienced (9.8 years average tenure).