The estimated Net Worth of Ken Xie is at least $3.8 Miliard dollars as of 13 August 2024. Mr. Xie owns over 83,334 units of Fortinet Inc stock worth over $3,745,106,718 and over the last 15 years he sold FTNT stock worth over $44,620,548. In addition, he makes $9,629,920 as Chairman of the Board, Chief Executive Officer oraz Founder at Fortinet Inc.
Ken has made over 100 trades of the Fortinet Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 83,334 units of FTNT stock worth $817,507 on 13 August 2024.
The largest trade he's ever made was exercising 300,000 units of Fortinet Inc stock on 18 August 2022 worth over $1,431,000. On average, Ken trades about 30,620 units every 34 days since 2009. As of 13 August 2024 he still owns at least 48,866,215 units of Fortinet Inc stock.
You can see the complete history of Mr. Xie stock trades at the bottom of the page.
Ken Xie serves as Chairman of the Board, Chief Executive Officer, Founder of the Company. He has served as our Chief Executive Officer and a member of the Board of Directors since he co-founded Fortinet in October 2000. He previously served as our President until November 2013. Prior to co-founding Fortinet, Mr. Ken Xie was the Founder, President and Chief Executive Officer of NetScreen Technologies, Inc., a provider of network security products, which was acquired by Juniper Networks, Inc. in April 2004. Additionally, Mr. Ken Xie was Chief Executive Officer of SIS, Inc. and is a member of the National Academy of Engineering. In addition to the Board of Directors, Mr. Ken Xie has served on the board of directors of TeleNav, Inc. since July 2012. Mr. Ken Xie received a B.S. and an M.S. in electrical engineering from Tsinghua University in China and an M.S. in electrical engineering from Stanford University. Mr. Ken Xie has more than 25 years of technical and management experience in the networking and security industries, which includes his roles as a founder of Fortinet, NetScreen and SIS and as President and Chief Executive Officer of each of the foregoing companies. The Board of Directors also believes Mr. Ken Xie provides valuable perspective and experience as a co-founder of Fortinet and one of its largest stockholders.
As the Chairman of the Board, Chief Executive Officer oraz Founder of Fortinet Inc, the total compensation of Ken Xie at Fortinet Inc is $9,629,920. There are no executives at Fortinet Inc getting paid more.
Ken Xie is 57, he's been the Chairman of the Board, Chief Executive Officer oraz Founder of Fortinet Inc since 2013. There are 7 older and 7 younger executives at Fortinet Inc. The oldest executive at Fortinet Inc is William Neukom, 78, who is the Lead Independent Director.
Ken's mailing address filed with the SEC is C/O FORTINET, INC., 909 KIFER ROAD, SUNNYVALE, CA, 94086.
Over the last 15 years, insiders at Fortinet Inc have traded over $297,363,224 worth of Fortinet Inc stock and bought 3,331 units worth $222,193 . The most active insiders traders include Pehong Chen, Ken Xie oraz Michael Xie. On average, Fortinet Inc executives and independent directors trade stock every 6 days with the average trade being worth of $1,100,627. The most recent stock trade was executed by William H. Neukom on 6 September 2024, trading 459 units of FTNT stock currently worth $34,967.
fortinet (nasdaq: ftnt) is a worldwide provider of network security appliances and the market leader in unified threat management (utm). our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the it security infrastructure. our customers include enterprises, service providers and government entities worldwide, including the majority of the 2010 fortune global 100. fortinet’s flagship fortigate product delivers asic-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. fortinet’s broad product line goes beyond utm to help secure the extended enterprise – from endpoints, to the perimeter and the core, including databases and applications. fortinet is headquartered in sunnyvale, calif., with offices around the world.
Fortinet Inc executives and other stock owners filed with the SEC include: