Mike Cannon-Brookes, born on November 17, 1980, is the Co-Founder and Co-CEO of Atlassian, a top software company known for tools like Jira and Confluence. He studied Information Technology at the University of New South Wales, where his passion for...

Mike Cannon-Brookes, born on November 17, 1980, is the Co-Founder and Co-CEO of Atlassian, a top software company known for tools like Jira and Confluence. He studied Information Technology at the University of New South Wales, where his passion for technology took off. Since starting Atlassian in 2002, the company has revolutionized how teams work and collaborate. His background as a technologist drives his vision for the company, making it a leader in the industry. Mike opts for a modest compensation structure; in 2022, he made just over $55,000, reflecting his significant pre-existing equity in Atlassian rather than a large salary. Recently, in 2024, it was announced that he would continue as CEO after his co-founder Scott Farquhar steps down. His insider trading history shows strategic selling, with transactions occasionally reaching tens of millions, highlighting a keen eye for market trends. Mike's approach balances personal wealth with long-term company goals, making him a notable figure in both tech and entrepreneurship.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

A

Mike Cannon-Brookes

Founder and CEO of Atlassian

Education

Bachelor of Information Technology from the University of New South Wales

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

November 17, 1980 - 44 years ago

CEO of Atlassian for

23 years 3 months (Jan 2002 - Present)

Previous Experience

Co-Founder of Atlassian

Rivals

Competitors/colleagues of Mike Cannon-Brookes

Z

Jay Chaudhry

Founder and CEO of Zscaler

2022 Compensation

Stock

$41.51M

Salary

$23.66K

Bonus

$0.00

Other

$0.00

Total Holdings

$513.27M

W

Aneel Bhusri

Founder and CEO of Workday, Inc.

2023 Compensation

Stock

$28.71M

Salary

$65.00K

Bonus

$0.00

Other

$3.17M

Total Holdings

$2.19B

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

P

Toby Williams

CEO of Paylocity

2022 Compensation

Stock

$8.19M

Salary

$625.33K

Bonus

$0.00

Other

$114.48K

Total Holdings

$24.85M

M

Dev Ittycheria

Founder and CEO of MongoDB

2023 Compensation

Stock

$0.00

Salary

$400.00K

Bonus

$420.00K

Other

$31.89K

Total Holdings

$62.31M

Holdings

See how much did Mike Cannon-Brookes make over time.

Mike Cannon-Brookes has had a dynamic approach to his holdings in Atlassian. In October 2022, he sold shares worth about $93.69 million. Over the following months, he continued to sell off portions of his holdings, reaching $80.97 million in October...

Mike Cannon-Brookes has had a dynamic approach to his holdings in Atlassian. In October 2022, he sold shares worth about $93.69 million. Over the following months, he continued to sell off portions of his holdings, reaching $80.97 million in October 2023 and $98.58 million in January 2024, among other significant transactions. These sales suggest he is actively managing his substantial stake in the company, which is expected as he balances his financial interests with Atlassian's growth potential. Despite these sales, his long-term investment strategy showcases a strong belief in the company's future, as he still retains a significant portion of Atlassian shares.

Mar 18, 2025

T

shares

TEAM @ $219.45

Total Stock Sold

$926.42M

TEAM

$926.42M

4,891,606 TEAM shares

What if they kept their stock?

If Mike Cannon-Brookes didn't sell their stock, today they would have:
Extra TEAM4,891,606 shares worth $674.80M.
This is -27.16% and $251.63M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Mike Cannon-Brookes.

TEAM

$1.88M

TEAM at $236.45/share

Mar 25, 2025

Sale

TEAM

$3.72M

TEAM at $234.30/share

Mar 24, 2025

Sale

TEAM

$1.78M

TEAM at $223.59/share

Mar 21, 2025

Sale

TEAM

$1.81M

TEAM at $227.86/share

Mar 20, 2025

Sale

TEAM

$1.80M

TEAM at $227.06/share

Mar 19, 2025

Sale

TEAM

$1.72M

TEAM at $216.61/share

Mar 18, 2025

Sale

TEAM

$1.76M

TEAM at $221.06/share

Mar 17, 2025

Sale

TEAM

$5.18M

TEAM at $217.38/share

Mar 14, 2025

Sale

TEAM

$3.39M

TEAM at $213.28/share

Mar 13, 2025

Sale

TEAM

$1.82M

TEAM at $228.61/share

Mar 12, 2025

Sale

Compensation History

See how much did Mike Cannon-Brookes make over time.

In 2022, Mike Cannon-Brookes received a total compensation of $55,009. His salary, a modest $49,442, reflects his decision to forgo traditional bonuses and stock options, prioritizing his considerable equity in the company instead. This compensation strategy aligns with his philosophy of tying CEO rewards to overall company performance. He and his co-founder, Scott Farquhar, have chosen to limit cash compensation in favor of retaining more control over their company, emphasizing their commitment to long-term growth over immediate financial gain. In contrast, back in 2009, his compensation peaked at around $639,472, but the shift to a lower cash salary is a sign of their evolving business model and their confidence in Atlassian's future success.

Year

2022

Total Compensation

$55.11K

Salary

$49.44K

Board Justification

The Co-CEOs receive a level of compensation that is substantially lower than CEOs at many peer companies, aligning their compensation with company performance and their existing equity stakes.

Bonus

$0.00

Board Justification

Both Messrs. Cannon-Brookes and Farquhar forgo participation in our annual cash incentive bonus program.

Other

$5.67K

Board Justification

Other compensation consists of company-wide programs including 401(k) match and superannuation contributions as required by Australian law.

Restricted Stock

$0.00(0 N/A)

Board Justification

Neither Messrs. Cannon-Brookes nor Farquhar receive long-term incentive compensation, in light of their considerable pre-existing Atlassian equity holdings as Co-Founders.

Performance Metrics

The Co-CEOs do not participate in the annual cash incentive bonus program due to their sizable equity stakes in Atlassian.