Ken Xie, CEO of Fortinet (FTNT), earned $8.0M in total compensation in 2025. Fortinet receives a Pay-for-Performance grade of A (80/100), with a CEO-to-worker pay ratio of 53:1 and a say-on-pay shareholder approval of 90.6%. The company's 3-year total shareholder return is +22.9%.
How Fortinet CEO Pay Compares
Ken Xie's $8.0M total compensation is 33% below the Cybersecurity industry median of $12.0M. The 53:1 CEO-to-worker pay ratio is 43% lower than the industry average of 93:1.
Ken Xie, CEO of Fortinet (FTNT), received $8.0M in total reported compensation. The package mix typical at this scale: a small base salary, a larger stock-award component, and performance-tied incentives that vest over multiple years based on relative TSR or earnings benchmarks.
The CEO-to-median-worker pay ratio runs 53x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been positive over the three-year window: TSR of 22.9% alongside 13.2% revenue growth. Compensation packages tied to relative TSR or absolute return benchmarks would have vested at or near target levels with this performance profile.
Shareholders supported the compensation package at 91% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Fortinet operates in Cybersecurity with 14,600 employees and $5.7B in annual revenue, and currently carries a market capitalization of $60.0B. 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 Fortinet (FTNT).
Compensation Breakdown
Ken Xie's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
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
More Cybersecurity Companies
Ken Xie, CEO of Fortinet (FTNT), earns $8.0M 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
Ken Xie, CEO of Fortinet (FTNT), earns $8.0M 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.
Fortinet has a Pay-for-Performance Score of A (80/100). The company's 3-year total shareholder return is +22.9%, and the say-on-pay shareholder vote passed with 90.6% approval.
The CEO-to-median-worker pay ratio at Fortinet is 53:1. The median worker at Fortinet earns $150K per year, while CEO Ken Xie earns $8.0M in total compensation.
Fortinet employs approximately 14,600 people. The company operates in the Cybersecurity industry within the Technology sector, generating $5.7B in annual revenue.