Varonis Systems: Pay

Varonis Systems paid its 5 named executives $34.5M in total in FY2025 (Dec). CEO Yakov Faitelson was paid $14.4M of that.

Pay$100 in the stock at the end of FY20 → $60
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Yakov FaitelsonChief Executive Officer and President
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
David BassExecutive Vice President of Engineering and Chief Technology Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Guy MelamedChief Financial Officer and Chief Operating Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Gregory PomeroySenior Vice President Worldwide Sales
FY2025 (Dec)
1 year
Dov GottliebVice President, General Counsel and Corporate Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
4 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 10 peers with pay on file was $15.7M. The CEO of Varonis Systems was paid $14.4M, 9% below the median.

  1. 1Okta
  2. 2PagerDuty
  3. 3SentinelOne
  4. 4Qualys
  5. 5MongoDB
  6. 6Workiva
  7. 7Varonis Systems
  8. 8Tenable Holdings
  9. 9Q2 Holdings
  10. 10Rapid7
  11. 11Elastic
  12. 12BlacklineNot disclosed
  13. 13Five9Not disclosed
  14. 14LiveRamp HoldingsNot disclosed
  15. 15Paylocity HoldingNot disclosed
  16. 16Smartsheet Inc.Not disclosed
  17. 17UpworkNot disclosed
  18. 18Verint SystemsNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.