How Desai was paid
$52.8M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Chirantan DesaiPresident and Chief Executive Officer | $114,583 | $52,601,945 | $114,133 | — | $52,830,661 |
| Dev IttycheriaFormer President and Chief Executive Officer | $408,333 | $15,735,621 | — | $129,993 | $16,273,947 |
| Michael BerryChief Financial Officer | $238,718 | $12,798,717 | $226,581 | $12,412 | $13,276,428 |
| Srdjan TanjgaFormer Interim Chief Financial Officer | $104,945 | $115,515 | — | $691 | $221,151 |
| Cedric PechPresident of Field Operations | $357,500 | $8,120,213 | $732,456 | $111,896 | $9,322,065 |
What changed and why
- $52.6M$52.6M was CEO Desai’s stock-award value, including one-time sign-on RSUs and PSUs.
- $2.5M$2.5M was Desai’s sign-on cash bonus under his CEO offer letter.
- 70%70% of base salary was Desai’s annual target bonus opportunity.
- November 2025 brought Desai’s appointment as CEO and Ittycheria’s resignation from that role.
- 184:1 was the CEO-to-median-employee pay ratio, elevated by Desai’s appointment package.
- Performance-based cash bonuses reflected company goals and individual target bonus amounts.
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.