Jay Chaudhry is the CEO of Zscaler, a company he co-founded and has led since 2017. He was born in 1963 and holds an MBA from the University of California, Berkeley. Chaudhry shifted his title from President and CEO to...

Jay Chaudhry is the CEO of Zscaler, a company he co-founded and has led since 2017. He was born in 1963 and holds an MBA from the University of California, Berkeley. Chaudhry shifted his title from President and CEO to just CEO in early 2022, reflecting a focus on his leadership role. His work at Zscaler has been vital in shaping the company's growth in the technology sector, particularly in its cloud security services. Fun fact: in 2021, his total compensation was reported at nearly $20 million, mainly from stock awards, signaling strong performance metrics tied to the company's success. Jay is not just focused on the present; his long-term strategies have consistently aligned with shareholder interests, emphasizing revenue and calculated billings. His insider trading activities show significant fluctuations in holdings, reflecting both confidence and adaptability in managing his assets. As of late 2024, his portfolio has seen values ranging from $21.88 million to $33.94 million, showcasing a proactive approach to investment even amidst market changes.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Zscaler CEOs

Z

Jay Chaudhry

Founder and CEO of Zscaler

Education

MBA from University of California, Berkeley

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1963 - 62 years ago

CEO of Zscaler for

7 years 7 months (Aug 2017 - Present)

Previous Experience

Founder and CEO of Zscaler, Inc.

Rivals

Competitors/colleagues of Jay Chaudhry

P

Nikesh Arora

CEO of Palo Alto Networks, Inc.

2022 Compensation

Stock

$0.00

Salary

$750.00K

Bonus

$1.50M

Other

$3.80M

Total Holdings

$1.30B

S

William R. McDermott

CEO of ServiceNow

2023 Compensation

Stock

$0.00

Salary

$1.35M

Bonus

$3.15M

Other

$351.09K

Total Holdings

$11.00M

C

Matthew Prince

Founder and CEO of Cloudflare, Inc.

2023 Compensation

Stock

$18.33M

Salary

$400.00K

Bonus

$0.00

Other

$783.96K

Total Holdings

$51.04M

H

Yamini Rangan

CEO of HubSpot

2023 Compensation

Stock

$0.00

Salary

$80.00K

Bonus

$0.00

Other

$145.17K

Total Holdings

$44.99M

C

George Kurtz

Founder and CEO of CrowdStrike Holdings, Inc.

2023 Compensation

Stock

$0.00

Salary

$900.00K

Bonus

$1.04M

Other

$1.21M

Total Holdings

$1.81B

Holdings

See how much did Jay Chaudhry make over time.

Jay Chaudhry's ownership in Zscaler has varied significantly over the last year. Starting from $33.94 million at the beginning of 2024, his holdings declined to about $21.88 million by September 2024, indicating the volatile nature of stock performance. The CEO's...

Jay Chaudhry's ownership in Zscaler has varied significantly over the last year. Starting from $33.94 million at the beginning of 2024, his holdings declined to about $21.88 million by September 2024, indicating the volatile nature of stock performance. The CEO's confidence is shown through substantial insider trading activity, with notable holdings reflecting his personal stake in the company's future. His strategy seems to involve adjusting his investments in response to market shifts, staying in tune with the company's performance and the overall tech landscape. This active management of his portfolio illustrates a direct commitment to both his wealth and the company's long-term success, as he has consistently had most of his wealth tied up in Zscaler shares, signaling belief in the company’s growth potential.

Total Stock Sold

$48.52M

ZS

$48.52M

250,935 ZS shares

What if they kept their stock?

If Jay Chaudhry didn't sell their stock, today they would have:
Extra ZS250,935 shares worth $15.71M.
This is -67.63% and $32.82M less than what they got when they sold the stock.

Charitable Transactions

ZS

228,150 shares

ZS

Recent Charitable Transactions

ZS

29,000 shares

ZS

Dec 5, 2023

Charity

ZS

14,818 shares

ZS

Dec 21, 2022

Charity

ZS

64,944 shares

ZS

Sep 28, 2022

Charity

ZS

63,958 shares

ZS

Sep 29, 2021

Charity

ZS

55,430 shares

ZS

Sep 30, 2020

Charity

Insider Trading

See recent insider trades of Jay Chaudhry.

ZS

$488.49K

ZS at $171.28/share

Sep 17, 2024

Sale

ZS

$518.91K

ZS at $180.93/share

Jun 18, 2024

Sale

ZS

$408.50K

ZS at $193.15/share

Mar 18, 2024

Sale

ZS

$625.06K

ZS at $221.34/share

Dec 18, 2023

Sale

ZS

29,000 shares

ZS

Dec 5, 2023

Charity

ZS

$439.25K

ZS at $154.45/share

Sep 18, 2023

Sale

ZS

$852.14K

ZS at $156.64/share

Jun 16, 2023

Sale

ZS

57,726 shares

ZS

Apr 28, 2023

Received

ZS

$96.11K

ZS at $106.79/share

Dec 21, 2022

Sale

ZS

14,818 shares

ZS

Dec 21, 2022

Charity

Compensation History

See how much did Jay Chaudhry make over time.

In 2022, Jay Chaudhry's total compensation was reported at $41.57 million, significantly boosted by stock awards. His base salary was $23,660, a number that might look small compared to the millions in stock that vested due to performance metrics. Jay has opted out of cash bonuses in recent years, focusing instead on long-term incentives that align his interests with those of the shareholders. This type of compensation structure reflects a strong pay-for-performance philosophy, as it directly ties his personal financial outcomes to Zscaler's success measured through revenue and growth targets. Over recent fiscal years, his compensation has shown large variances—particularly a peak in 2021 at about $20 million, showcasing the success of Zscaler during that period and his pivotal role as CEO.

Year

2022

Total Compensation

$41.53M

Salary

$23.66K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain executives while aligning their interests with those of the shareholders, focusing on long-term growth and performance.

Bonus

$0.00

Board Justification

Mr. Chaudhry declined to participate in the Employee Incentive Compensation Plan for fiscal 2022, thus no cash bonus was awarded.

Other

$0.00

Board Justification

Restricted Stock

$41.51M(150K RSU)

Board Justification

The stock awards granted to Mr. Chaudhry in fiscal 2022 were comprised of PSU awards, which vested based on performance metrics established during the fiscal year.

Performance Metrics

The performance metrics for fiscal 2022 included revenue and calculated billings, which were key indicators of the company's performance.

Other Zscaler CEOs

Here are other CEOs of Zscaler

Dali Rajic

Ex-CEO of Zscaler

January 2022 - February 2024