Sundar PichaiSundar Pichai earned $164M in 2023

Michael Burkland is the CEO of Five9, Inc., a cloud-based software company known for its innovative contact center solutions. He has a solid background in business, holding both an M.B.A. and a B.A. from the University of California, Berkeley. Burkland...

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Michael Burkland

Ex-CEO of Five9

Education

M.B.A. and B.A. degrees from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1963 - 62 years ago

CEO of Five9 for

9 years 11 months (Jan 2008 - Dec 2017)

Previous Experience

CEO of Omniva Policy Systems Inc., CEO of Eventus Software, Inc.

Holdings

See how much did Michael Burkland make over time.

As of 2023, Michael Burkland owns approximately 780,697 shares of Five9, which marks a significant stake in the company. His holdings once peaked at a value of $1.8 million, showcasing a healthy investment alignment with the company’s growth. The past...

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Total Stock Sold

$97.71M

FIVN

$97.71M

3,002,681 FIVN shares

What if they kept their stock?

If Michael Burkland didn't sell their stock, today they would have:
Extra FIVN3,002,681 shares worth $234.12M.
This is 139.6% and $136.41M more than what they got when they sold the stock.

Charitable Transactions

FIVN

472,500 shares

FIVN

Recent Charitable Transactions

FIVN

385,500 shares

FIVN

May 15, 2019

Charity

FIVN

13,000 shares

FIVN

Feb 2, 2015

Charity

FIVN

13,000 shares

FIVN

Jan 2, 2015

Charity

FIVN

13,000 shares

FIVN

Dec 1, 2014

Charity

FIVN

13,000 shares

FIVN

Nov 3, 2014

Charity

FIVN

5,743 shares

FIVN

Oct 7, 2014

Charity

Insider Trading

See recent insider trades of Michael Burkland.

FIVN

$450.02K

FIVN at $35.73/share

Mar 3, 2025

Sale

FIVN

175,757 shares

FIVN

Feb 25, 2025

Received

FIVN

$521.39K

FIVN at $41.40/share

Dec 3, 2024

Sale

FIVN

$381.25K

FIVN at $30.27/share

Sep 4, 2024

Sale

FIVN

$573.47K

FIVN at $46.30/share

Jun 4, 2024

Sale

FIVN

$2.74M

FIVN at $58.92/share

Mar 4, 2024

Sale

FIVN

69,343 shares

FIVN

Mar 4, 2024

Received

FIVN

87,648 shares

FIVN

Feb 26, 2024

Received

FIVN

$825.94K

FIVN at $84.75/share

Dec 4, 2023

Sale

FIVN

$690.63K

FIVN at $70.87/share

Sep 5, 2023

Sale

Compensation History

See how much did Michael Burkland make over time.

Michael Burkland's compensation in 2023 totaled $1.15 million. This included a salary of $350,000, a bonus of $150,000 based on performance metrics, and $600,000 worth of vested stocks from previous grants. No new stock options were issued to him this year, but his existing shares continue to represent a significant portion of his earnings. His compensation strategy is designed to motivate performance and align with the company's goals, emphasizing revenue growth and customer satisfaction. Over the previous year, his total pay increased from $600,000 to $1.15 million, which highlights the stakes involved in his role, especially given his return as CEO. It reflects the competitive landscape of the tech industry where executive remuneration aligns closely with performance.

Year

2023

Total Compensation

$1.15M

Salary

$350.00K

Board Justification

The compensation philosophy aligns with company performance and aims to attract and retain top talent while ensuring alignment with shareholder interests.

Bonus

$150.00K

Board Justification

The bonus is based on the achievement of specific performance metrics set by the Board of Directors for the fiscal year 2023.

Other

$50.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2023.

Restricted Stock

$600.00K(20K RSU)

Board Justification

The vested stock consists of restricted stock units (RSUs) that were granted in previous years and vested in 2023.

Performance Metrics

Performance metrics include revenue growth, operating income, and customer satisfaction scores.

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