Lee Klarich
2019
In 2019, Lee Klarich earned a total compensation of $51M as Chief Product Officer at Palo Alto Networks, a 453% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $220,000 |
|---|---|
| Option Awards | $40,000,131 |
| Salary | $550,000 |
| Stock Awards | $10,205,854 |
| Other | $1,957 |
| Total | $50,977,942 |
Klarich received $40M in option awards, accounting for 78.47% of the total pay in 2019.
Klarich also received $220K in non-equity incentive plan, $550K in salary, $10.2M in stock awards and $2K in other compensation.
Rankings
In 2019, Lee Klarich's compensation ranked 3rd out of 1,909 executives tracked by ExecPay. In other words, Klarich earned more than 99.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3 out of 1,909 | 100th |
Division Manufacturing | 2 out of 1,001 | 100th |
Major group Industrial And Commercial Machinery And Computer Equipment | 1 out of 126 | 99th |
Industry group Computer And Office Equipment | 1 out of 47 | 98th |
Industry Computer Peripheral Equipment, Not Elsewhere Classified | 1 out of 17 | 94th |
Pay ratio
| Lee Klarich's Pay | $50,977,942 |
|---|---|
| Median Employee's Pay | $219,722 |
| Pay Ratio | 232to 1 |
In 2019, the annual total compensation of Lee Klarich was $50,977,942.
The annual total compensation of the median employee at Palo Alto Networks was $219,722.
The ratio of Lee Klarich's pay to the pay of median employee was therefore 232 to one.
Source: SEC filing on October 22, 2019.
Klarich's colleagues
We found four more compensation records of executives who worked with Lee Klarich at Palo Alto Networks in 2019.