People: Fortinet Inc (FTNT.OQ)
24 Jun 2016
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.
|Total Annual Compensation, USD||406,372|
|Restricted Stock Awards, USD||1,700,200|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||368,081|
|Fiscal Year Total, USD||2,474,650|