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United States

Fortinet Inc (FTNT.OQ)

FTNT.OQ on NASDAQ Stock Exchange Global Select Market

37.23USD
23 Feb 2017
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Summary

Name Age Since Current Position

Ken Xie

53 2013 Chairman of the Board, Chief Executive Officer, Founder

Michael Xie

47 2013 President, Founder, Chief Technology Officer, Director

Andrew Del Matto

57 2014 Chief Financial Officer

Patrice Perche

Senior Executive Vice President, Worldwide Sales and Support

John Maddison

Senior Vice President of Products and Solutions

Lisa McGill

48 Senior Vice President of People

Keith Jensen

56 2014 Chief Accounting Officer

John Whittle

47 2010 Vice President - Corporate Development, General Counsel, Corporate Secretary

Michelle Spolver

Vice President of Corporate Communications & Investor Relations

Christopher Paisley

63 2012 Lead Independent Director

Ming Hsieh

60 2013 Independent Director

Gary Locke

66 2015 Independent Director

William Neukom

74 2013 Independent Director

Judith Sim

47 2015 Independent Director

Biographies

Name Description

Ken Xie

Mr. Ken Xie is Chairman of the Board, Chief Executive Officer, Founder of the company. He started his first network security company SIS in 1993, designing software firewalls while studying at Stanford University. In 1996, he realized the performance limitations of software firewalls running on PCs/servers, and as a result started NetScreen. As founder, president, and CEO, he led the company to develop the industry's first ASIC and dedicated hardware systems for high-performance firewalls and VPNs. NetScreen (NASDAQ: NSCN) was acquired by Juniper (NASDAQ: JNPR) for $4 billion. In 2000, after recognizing that firewalls and VPNs alone could not stop content and application network attacks such as viruses, intrusions, spam, and malicious web content, Ken founded Fortinet. Fortinet pioneered Unified Threat Management (UTM) – in which the company is the market leader. UTM has quickly grown to be among the largest segments in the network security space. Fortinet completed its IPO (NASDAQ: FTNT) in 2009, which was lauded by Renaissance Capital as "IPO of the Year." Ken earned an M.S. degree in electrical engineering from Stanford University and B.S. and M.S. degrees in electronic engineering from Tsinghua University. He is a member of the National Academy of Engineering, a state-registered Professional Engineer, a member of Committee 100, and holds certificates of Advanced Project Management and Strategic Decision Risk Management from Stanford University.

Michael Xie

Mr. Michael Xie is President, Founder, Chief Technology Officer, Director of the company. He has more than 15 years of experience in the network security industry. Previously he held positions as software director and architect for NetScreen. He was honored with the 2009 Tech Innovator Awards by Everything Channel's CRN. He was also named a 2006 Northern California Entrepreneur of the Year by Ernst & Young and a Top Technology Innovator by VARBusiness Magazine in 2004. Michael has an M.S. degree in electrical & computer engineering from the University of Manitoba as well as M.S. degrees in automobile engineering from Tsinghua University.

Andrew Del Matto

Mr. Andrew H. Del Matto has been appointed as Chief Financial Officer of the Company, effective January 2, 2014. He brings over 20 years of financial management experience and expertise in the network security market. Prior to joining Fortinet, Drew held a variety of senior management roles at Symantec including acting chief financial officer, as well as senior vice president and chief accounting officer. Drew also served as Symantec’s corporate treasurer and vice president of finance business operations, responsible for all treasury functions, various aspects of mergers & acquisitions, pricing and licensing, financial planning and analysis, and revenue operations. Prior to Symantec, Drew held senior finance leadership roles with Inktomi Corporation and SGI Corporation. He began his career as a CPA in public accounting with KPMG LLP.

Patrice Perche

Mr. Patrice Perche is Senior Executive Vice President, Worldwide Sales and Support of the company. He has more than 20 years of experience in the IT security industry. Patrice is responsible for managing Fortinet's international sales and support operations worldwide. He has been with Fortinet since 2004, leveraging his extensive experience in successfully penetrating and growing new territories, recruiting and nurturing a value-add channel partners network, and accelerating the company's footprint in the enterprise market. Prior to joining Fortinet, he was co-founder and CEO of Risc Group, a French-based company focusing on IT Security with pan-European operations. Patrice graduated from Insa Lyon and holds a master’s degree in computer engineering.

John Maddison

Mr. John Maddison is Senior Vice President of Products and Solutions of the company. He has more than 20 years of experience in the telecommunications, IT Infrastructure, and security industries. Previously he held positions as general manager data center division and senior vice president core technology at Trend Micro. Before that John was senior director of product management at Lucent Technologies. He has lived and worked in Europe, Asia, and the United States. John graduated with a bachelor of telecommunications engineering degree from Plymouth University, United Kingdom.

Lisa McGill

Ms. Lisa McGill is Senior Vice President of People of the company. She has more than 20 years of experience leading and driving strategic human resource initiatives globally with a focus on enhancing the employee experience. Lisa is a business partner ensuring achievement of corporate objectives and aggressive market leadership. Prior to joining Fortinet, Lisa was in the data networking market. Lisa was senior vice president of human resources at Brocade Communications and prior to that she was senior vice president of human resources at Foundry Networks, which Brocade acquired in 2008. Lisa previously held senior HR positions at Alcatel and PricewaterhouseCoopers. She holds an MBA from Pepperdine University, a bachelor’s of science degree in business management, and is SHRM-CP certified.

Keith Jensen

Mr. Keith F. Jensen is Chief Accounting Officer of the company. He has been the company’s vice president of finance and corporate controller since May 2014. He served in various positions at DataDirect Networks, Inc., including chief accounting officer and chief administration officer. Prior to that, Keith held various positions at Sybase, Inc. (acquired by SAP in July 2010), including vice president and chief accounting officer. Before Sybase, he was chief financial officer of Dorado Network Systems Corporation. He also previously held positions with Coopers & Lybrand, including audit manager in the firm’s national office. Keith holds a B.S. degree in business from California State University, Sacramento.

John Whittle

Mr. John Lunsford Whittle, J.D., is Vice President - Corporate Development, General Counsel and Corporate Secretary of Fortinet Inc. He has over 15 years of experience managing a wide range of corporate development and legal matters for technology companies. Prior to Fortinet, John was vice president, general counsel for Corio, an enterprise application services provider, where he managed the company's legal matters, including an initial public offering and acquisition by IBM. Prior to Corio, John was an attorney at Wilson Sonsini Goodrich & Rosati, representing technology companies in general corporate matters, mergers and acquisitions, and initial public offerings. John holds a B.A. degree in history from the University of Virginia and a JD, magna cum laude, from Cornell University.

Michelle Spolver

Ms. Michelle Spolver is Vice President of Corporate Communications & Investor Relations of the company. She has nearly 20 years of experience helping technology companies gain mindshare and market share through the development, management, and implementation of public, analyst, and investor relations programs, corporate reputation management, executive communications, and customer and channel marketing activities. Prior to joining Fortinet, Michelle was director of worldwide public relations for Check Point Software Technologies, where she was instrumental in growing the company's brand awareness through business, financial, and industry trade press. Prior to Check Point, Michelle held senior public relations positions at Compaq Computer Corporation (acquired by HP) and Weber Shandwick Public Relations. Michelle earned a B.A. degree in journalism from California State University, Long Beach, and is a member of the National Investor Relations Institute (NIRI).

Christopher Paisley

Mr. Christopher B. Paisley is Lead Independent Director of Fortinet Inc. Mr. Paisley has served as a member of our Board of Directors since February 2004 and as our Lead Independent Director since July 2012. Since January 2001, Mr. Paisley has served as the Dean’s Executive Professor of Accounting at the Leavey School of Business at Santa Clara University. Mr. Paisley also serves as lead independent director of Equinix, Inc., a provider of network colocation, interconnection and managed services, a member of the board of directors of Fitbit, Inc., a connected health and fitness company, a member of the board of directors of Ambarella, Inc., a developer of low-power, high-definition video compression and image processing semiconductors, and a member of the board of directors of YuMe, Inc., a provider of digital video brand advertising solutions. He also served as a director of Volterra Semiconductor, Inc., a provider of power management semiconductors, from April 2007, and as its Chairman from August 2007, until its acquisition by Maxim Integrated Products, Inc. in October 2013, a director of Bridge Capital Holdings, a bank holding company, from August 2011 until June 2015 and a director of Control4 Corporation, a home automation company, from May 2006 until August 2015. Mr. Paisley holds a B.A. in business economics from the University of California at Santa Barbara and an M.B.A. from the Anderson School at the University of California at Los Angeles. Mr. Paisley has developed expertise in finance, including accounting and financial reporting, as a Chief Financial Officer of 3Com Corporation and in other finance roles and currently as a professor in the field of accounting and finance. Mr. Paisley also has over 15 years of outside board experience at the aforementioned companies and numerous other public and private companies.

Ming Hsieh

Mr. Ming Hsieh is Independent Director of Fortinet Inc., since April 16, 2013. Mr. Hsieh has served as the Chairman and Chief Executive Officer of Fulgent Therapeutics Inc., a cancer drug research and development company, since September 2012. From October 2010 to June 2012, Mr. Hsieh served as the President of 3M Cogent, Inc., a provider of global biometric identification solutions, following the acquisition of Cogent, Inc. by 3M Company in 2010. Prior to the acquisition, Mr. Hsieh served as the Chief Executive Officer, President and Chairman of the board of directors of Cogent since founding Cogent in 1990. Prior to that, Mr. Hsieh was a research and development engineer at International Rectifier Corporation, a manufacturer of semiconductors, from 1985 to 1987. Mr. Hsieh received a B.S.E.E. from the University of Southern California in 1983 and an M.S.E.E. from University of Southern California in 1984.

Gary Locke

Mr. Gary F. Locke is Independent Director of Fortinet, Inc. Mr. Locke is the former Governor of the State of Washington, serving two consecutive terms from 1997 to 2005. With more than 20 years of public service leadership, Mr. Locke brings extensive knowledge on corporate and global issues related to the cybersecurity challenges of government organizations. From 2009 to 2011, Mr. Locke ran the U.S. Department of Commerce as the Commerce Secretary. He also served as the United States Ambassador to China from 2011 until 2014. In addition to his public service, Mr. Locke has extensive experience in international law and government relations. Mr. Locke received a B.A. in political science from Yale University and a J.D. from Boston University.

William Neukom

Mr. William Neukom is Independent Director of Fortinet, Inc. From October 2008 to December 2011, Mr. Neukom was the Managing General Partner and Chief Executive Officer of San Francisco Baseball Associates, L.P., the ownership group of the San Francisco Giants major league baseball team, and served as its Chairman Emeritus during 2012. Mr. Neukom is the Founder, President and Chief Executive Officer of the World Justice Project, a 501(c)(3) organization, which he founded in 2006. He was a partner of the international law firm Preston, Gates & Ellis, LLP from 1979 to 1985 and from 2002 through its merger with Kirkpatrick and Lockhart in 2007 and was appointed its Chairman in 2004. Mr. Neukom is currently a retired partner in the Seattle office of K&L Gates LLP. From 1985 to 2002, Mr. Neukom was the Head of Law and Corporate Affairs for Microsoft Corporation. Mr. Neukom received an A.B. from Dartmouth College and an LL.B. from Stanford University.

Judith Sim

Ms. Judith Sim is an Independent Director of the Company. Ms. Sim joined Oracle Corporation in 1991 and has held various customer-related and marketing positions at Oracle, including most recently as its Chief Marketing Officer since 2005. Ms. Sim received a B.S. in dietetics from the University of California at Davis. Ms. Sim has leadership and executive experience from her position as head of marketing programs at Oracle, including experience in field marketing, corporate communications, global customer programs, advertising, campaigns, events and corporate branding.

Basic Compensation

Name Fiscal Year Total

Ken Xie

3,648,580

Michael Xie

2,978,580

Andrew Del Matto

2,370,210

Patrice Perche

--

John Maddison

--

Lisa McGill

--

Keith Jensen

--

John Whittle

2,268,400

Michelle Spolver

--

Christopher Paisley

315,881

Ming Hsieh

293,123

Gary Locke

511,674

William Neukom

291,532

Judith Sim

755,113
As Of  30 Dec 2015

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