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CEOPayWatch

CEO Salary & Executive Compensation

Arista Networks ANET

CEO: Jayshree Ullal · Networking · 4,200 employees

C
Pay-for-Performance
60/100

Jayshree Ullal, CEO of Arista Networks (ANET), earned $18.0M in total compensation in 2024. Arista Networks receives a Pay-for-Performance grade of C (60/100), with a CEO-to-worker pay ratio of 138:1 and a say-on-pay shareholder approval of 94.1%. The company's 3-year total shareholder return is +9.3%.

How Arista Networks CEO Pay Compares

Jayshree Ullal's $18.0M total compensation is 38% below the Networking industry median of $29.1M. The 138:1 CEO-to-worker pay ratio is 24% lower than the industry average of 181:1.

Arista Networks (ANET) reported total CEO compensation of $18.0M for Jayshree Ullal. The structure is typical of large-cap public companies: a small fixed salary, substantial equity awards, and short- and long-term incentive plans tied to performance.

The CEO-to-median-worker pay ratio runs 138x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Three-year performance has been roughly flat — TSR of 9.3% alongside 0.0% revenue growth. Flat performance over a multi-year window is where pay-versus-performance debates get the most heated: large compensation packages without commensurate shareholder returns are the modal complaint at annual meetings.

Say-on-pay support was strong at 94%. The Dodd-Frank-mandated advisory vote on executive compensation passes at most U.S. public companies with comfortable margins; meaningful dissent typically requires either pay-performance misalignment or specific governance concerns. Arista Networks operates in Networking with 4,200 employees and $7.0B in annual revenue, and currently carries a market capitalization of $120.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.

Source: SEC EDGAR — DEF 14A proxy statements for Arista Networks (ANET).

$18.0M
CEO Total Comp
138:1
CEO-Worker Ratio
94.1%
Say-on-Pay Vote
+9.3%
3yr TSR
$130K
Median Worker Pay

Compensation Breakdown

Jayshree Ullal's $18.0M total compensation package for fiscal year 2024 includes $1.8M in base salary, $9.0M in stock awards, $2.2M in option awards, and $2.7M in bonus and non-equity incentives.

Salary$1.8M
Stock Awards$9.0M
Options$2.2M
Non-Equity Incentive$2.7M
Pension$360K
Other$2.0M

Compensation History

YearSalaryBonusStock AwardsOptionsNon-EquityOtherTotal
2024$1.8M-$9.0M$2.2M$2.7M$2.0M$18.0M
2023$1.7M-$8.6M$2.1M$2.6M$1.9M$17.1M
2022$1.6M-$8.1M$1.9M$2.4M$1.8M$16.2M

All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.

Named Executive Officers

Peer CEO Compensation

Jayshree Ullal, CEO of Arista Networks (ANET), earns $18.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.

Frequently Asked Questions

Jayshree Ullal, CEO of Arista Networks (ANET), earns $18.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.

Arista Networks has a Pay-for-Performance Score of C (60/100). The company's 3-year total shareholder return is +9.3%, and the say-on-pay shareholder vote passed with 94.1% approval.

The CEO-to-median-worker pay ratio at Arista Networks is 138:1. The median worker at Arista Networks earns $130K per year, while CEO Jayshree Ullal earns $18.0M in total compensation.

Arista Networks employs approximately 4,200 people. The company operates in the Networking industry within the Technology sector, generating $7.0B in annual revenue.

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