Cloudflare CFO Thomas Seifert's 2021 pay jumps 645% to $4.8M

Cloudflare reports 2021 executive compensation

By ExecPay News

Published: April 21, 2022

Cloudflare reported fiscal year 2021 executive compensation information on April 21, 2022.
In 2021, four Cloudflare executives received on average a compensation package of $2.2M, a 329% increase compared to previous year.
Average pay of disclosed executives at Cloudflare
Thomas Seifert, Chief Financial Officer, received $4.8M in total, which increased by 645% compared to 2020. 87% of Seifert's compensation, or $4.2M, was in stock awards. Seifert also received $650K in salary.
For fiscal year 2021, the median employee pay was $231,472 at Cloudflare. Therefore, the ratio of Thomas Seifert's pay to the median employee pay was 21 to one.
Douglas Kramer, General Counsel, received a compensation package of $3.2M, which increased by 476% compared to previous year. 83% of the compensation package, or $2.6M, was in stock awards.
Matthew Prince, Chief Executive Officer, earned $400K in 2021, a 8% decrease compared to previous year.
Michelle Zatlyn, Chief Operating Officer, received $400K in 2021, which decreases by 4% compared to 2020.

Related executives

Matthew Prince

Cloudflare

Chief Executive Officer

Michelle Zatlyn

Cloudflare

Chief Operating Officer

Thomas Seifert

Cloudflare

Chief Financial Officer

Douglas Kramer

Cloudflare

General Counsel

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Source: SEC filing on April 21, 2022.