Fortinet (FTNT) executive compensation, 2026 proxy

Ken Xie, Chief Executive Officer, was paid $11.5M in 2025, down 13% from $13.1M the year before. The CEO-to-median-employee pay ratio was 75:1, on median employee pay of $152,084.

Filed
April 29, 2026
Annual meeting
June 12, 2026
Pay year
2025
Named executives
5
CEO total pay
$11.5M-13% vs prior year
CEO to median employee
75:1median $152,084
CEO pay in equity
89%$10.2M in awards
Total revenue growth
14%Compared to 2024
Operating income
$2.08B16% increase over 2024
CEO to median pay ratio
75.34:1Based on 2025 compensation

How Xie was paid

$11.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary5%Stock awards89%Non-equity incentive6%

Named executive officers

ExecutiveTotal
Ken XieChief Executive Officer$11,458,039
Michael XiePresident and Chief Technology Officer$6,576,556
Christiane OhlgartChief Financial Officer$4,424,743
Keith JensenFormer Chief Financial Officer$5,658,386
John WhittleChief Operating Officer$6,037,415

What changed and why

  • $6.80BTotal revenue was $6.80 billion for 2025, an increase of 14% compared to $5.96 billion in 2024.
  • $11.5MChief Executive Officer Ken Xie received total compensation of $11,458,039 in 2025, down from $13,143,289 in 2024.
  • $2.08BOperating income increased 16% to $2.08 billion for 2025 compared to $1.80 billion in the prior year.
  • Christiane Ohlgart was appointed as Chief Financial Officer in May 2025.
  • Keith Jensen stepped down as Chief Financial Officer in May 2025 and joined the Strategic Advisory Council.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.