Ashutosh Kulkarni is the CEO of Elastic N.V., where he has been driving the company's vision since January 2022. Before becoming CEO, Kulkarni served as Chief Product Officer, showcasing his deep understanding of product development. He has a strong educational...

Current Market Cap

$7.63B

Number of Employees

3.19K

Total Compensation

2022 - 2023

Trending down by -91.07% last year
Showing total compensation for the last 2022 - 2023

Stock

Down by -100.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 13.06% last year

Other

Up by 67.88% last year

Year

2023

Total Compensation

$1.22M

Salary

$600.00K

Board Justification

The compensation philosophy emphasizes a pay-for-performance approach, aligning executive compensation with company performance and shareholder interests.

Bonus

$598.18K

Board Justification

The bonus is based on the achievement of predetermined performance metrics under the Executive Bonus Plan for fiscal year 2024.

Other

$19.80K

Board Justification

This includes contributions made under the Section 401(k) plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No vested stock is reported for the year 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

The performance metrics for the bonus plan include Cloud Revenue, Total Revenue, and Non-GAAP Operating Margin.

SEC Filing

From August 27, 2024

Ashutosh Kulkarni

CEO of Elastic

E

Education

MBA from the Wharton School of the University of Pennsylvania and a Bachelor's degree in Computer Engineering from the University of Mumbai

Field of Expertise

Technology & Engineering - Technology

Born

May 1, 1973 - 51 years ago

Is Founder?

No

Current Tenure

2 years 8 months (Jan 2022 - Present)

Previous Experience

Chief Product Officer at Elastic, previously held leadership roles at various tech companies including Cisco and Juniper Networks

View Holdings

Insider Holdings of Ashutosh Kulkarni

ESTC

$32.83M

-$7.03M (-17.65%)

Last Insider Trade

ESTC

$1.38M

ESTC at $70.25/share

Sep 9, 2024

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