Elastic Management
Management criteria checks 4/4
Elastic's CEO is Ash Kulkarni, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is $13.74M, comprised of 4.4% salary and 95.6% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth $9.75M. The average tenure of the management team and the board of directors is 2.2 years and 4.3 years respectively.
Key information
Ash Kulkarni
Chief executive officer
US$13.7m
Total compensation
| CEO salary percentage | 4.4% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.2yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
The Price Is Right For Elastic N.V. (NYSE:ESTC)
Apr 17
Elastic: Chasing The Narrative
Apr 01When Should You Buy Elastic N.V. (NYSE:ESTC)?
Mar 27Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full
Mar 04Elastic: Expectations And Competition Intensify Before Earnings
Feb 23Is Elastic (NYSE:ESTC) Using Debt In A Risky Way?
Feb 06Elastic's Bullish Turn: Anticipate 65% YoY Profitability Surge In 2025
Jan 12Why Elastic's Recent Earnings Beat Doesn't Mean It's Time To Buy
Dec 15Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching
Nov 30Elastic: A Solid Buy For The Age Of Data Despite Premium Valuation
Nov 29Elastic: Steady Investment In Unsteady Times
Nov 01Is Elastic (NYSE:ESTC) Weighed On By Its Debt Load?
Oct 23Elastic: Improved Sentiment May Not Be Justified
Oct 11Is There An Opportunity With Elastic N.V.'s (NYSE:ESTC) 38% Undervaluation?
Oct 05Elastic N.V. Can Ride The Wave Of Generative AI
Oct 01Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching
Sep 01Elastic Earnings: Growth Hurdles And Valuation Concerns
Sep 01Is Elastic (NYSE:ESTC) Using Debt Sensibly?
Jul 24Elastic: Opportunity Is Vast
Jul 06Estimating The Fair Value Of Elastic N.V. (NYSE:ESTC)
Jul 06Elastic: Q4 2023 Earnings Review
Jun 02Is Now An Opportune Moment To Examine Elastic N.V. (NYSE:ESTC)?
May 13Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?
Apr 03Elastic hires new marketing chief
Feb 14Should You Investigate Elastic N.V. (NYSE:ESTC) At US$62.64?
Feb 09Elastic: Potential Acquisition Target
Jan 27A Look At The Intrinsic Value Of Elastic N.V. (NYSE:ESTC)
Dec 28Elastic: The Potential Spring Back Is Getting Very Large
Dec 20Elastic Q2 Earnings: Important Message On The Current Economic Downturn For Everyone
Dec 09Is Elastic (NYSE:ESTC) Using Debt Sensibly?
Dec 07Elastic: Declining Prospects
Nov 03What Is Elastic N.V.'s (NYSE:ESTC) Share Price Doing?
Oct 26Elastic: Value Makes Up For Growth Deceleration
Oct 18Are Investors Undervaluing Elastic N.V. (NYSE:ESTC) By 35%?
Sep 09Elastic: Driving Product Adoption Through Hyperscalers Including Amazon
Sep 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | US$56m |
| Oct 31 2023 | n/a | n/a | -US$193m |
| Jul 31 2023 | n/a | n/a | -US$215m |
| Apr 30 2023 | US$14m | US$600k | -US$236m |
| Jan 31 2023 | n/a | n/a | -US$255m |
| Oct 31 2022 | n/a | n/a | -US$239m |
| Jul 31 2022 | n/a | n/a | -US$239m |
| Apr 30 2022 | US$18m | US$531k | -US$204m |
| Jan 31 2022 | n/a | n/a | -US$182m |
| Oct 31 2021 | n/a | n/a | -US$163m |
| Jul 31 2021 | n/a | n/a | -US$145m |
| Apr 30 2021 | US$10m | US$165k | -US$129m |
Compensation vs Market: Ash's total compensation ($USD13.74M) is about average for companies of similar size in the US market ($USD13.62M).
Compensation vs Earnings: Ash's compensation has been consistent with company performance over the past year.
CEO
Ash Kulkarni (47 yo)
2.3yrs
Tenure
US$13,740,871
Compensation
Mr. Ashutosh Kulkarni, also known as Ash, has been Chief Executive Officer of Elastic N.V. since January 2022 and serves as its Executive Director since March 09, 2022 and was its Chief Product Officer si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.3yrs | US$13.74m | 0.092% $ 9.7m | |
| Co-Founder & Independent Non-Executive Director | no data | US$34.58k | 8.31% $ 885.6m | |
| Co-Founder | 2.3yrs | US$3.75m | 7.44% $ 792.1m | |
| CFO & COO | 6.8yrs | US$6.28m | 0.080% $ 8.5m | |
| Chief Legal Officer & Corporate Secretary | 2yrs | US$8.91m | 0.014% $ 1.5m | |
| Chief Product Officer | 1.8yrs | US$12.91m | 0.032% $ 3.4m | |
| Founder | no data | no data | no data | |
| Founder | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | 1.3yrs | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Senior Vice President of Engineering | 7.2yrs | US$1.86m | no data |
2.2yrs
Average Tenure
50yo
Average Age
Experienced Management: ESTC's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.2yrs | US$13.74m | 0.092% $ 9.7m | |
| Co-Founder & Independent Non-Executive Director | 11.8yrs | US$34.58k | 8.31% $ 885.6m | |
| Co-Founder | 11.8yrs | US$3.75m | 7.44% $ 792.1m | |
| Independent Non-Executive Vice-Chairman | 1.8yrs | US$280.53k | 0.0032% $ 346.2k | |
| Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 5.1yrs | US$238.53k | 0.0087% $ 926.7k | |
| Independent Non-Executive Director | 2.6yrs | US$248.52k | 0.0029% $ 312.1k | |
| Independent Chairman & Lead Independent Director | 7.3yrs | US$273.40k | 0.0054% $ 574.1k | |
| Independent Non-Executive Director | 4.3yrs | US$249.53k | 0.0039% $ 417.5k |
4.3yrs
Average Tenure
55yo
Average Age
Experienced Board: ESTC's board of directors are considered experienced (4.3 years average tenure).