Sundar PichaiSundar Pichai earned $164M in 2023

Rick McConnell has been the CEO of Dynatrace since late 2021, stepping into the role after a solid career at Akamai Technologies. He's a Cal Berkeley graduate with a degree in Computer Science and significant experience in technology leadership. McConnell...

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Rick McConnell

CEO of Akamai Technologies

Education

Bachelor's degree in Computer Science from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

June 1, 1967 - 57 years ago

CEO of Akamai Technologies for

2 years 11 months (May 2022 - Present)

Previous Experience

President and General Manager of the Security Technology Group at Akamai Technologies, Inc.

Holdings

See how much did Rick McConnell make over time.

Rick McConnell's insider trading history shows significant activity, especially in 2023, with monthly holdings often exceeding $30 million. This year saw some major fluctuations; for instance, in June 2023, his holdings peaked at $33.14 million. The value of holdings at...

Mar 18, 2025

Total Stock Sold

$49.76M

AKAM

$25.26M

358,591 AKAM shares

DT

$24.51M

477,565 DT shares

What if they kept their stock?

If Rick McConnell didn't sell their stock, today they would have:
Extra AKAM358,591 shares worth $34.21M and DT477,565 shares worth $11.82M.
This is -7.5% and $3.73M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Rick McConnell.

DT

$2.43M

DT at $60.74/share

Feb 20, 2025

Sale

DT

$2.47M

DT at $61.78/share

Feb 14, 2025

Sale

DT

$1.60M

DT at $53.28/share

Nov 11, 2024

Sale

DT

$2.58M

DT at $51.50/share

Sep 16, 2024

Sale

DT

$2.32M

DT at $46.41/share

Jun 13, 2024

Sale

DT

176,896 shares

DT

Jun 5, 2024

Received

DT

204,731 shares

DT

May 15, 2024

Received

DT

$1.16M

DT at $46.29/share

Mar 15, 2024

Sale

DT

$562.65K

DT at $46.88/share

Mar 6, 2024

Sale

DT

$103.36K

DT at $51.91/share

Feb 16, 2024

Sale

Compensation History

See how much did Rick McConnell make over time.

Rick McConnell's compensation package as CEO of Dynatrace has been substantial, particularly in 2023, when it totaled approximately $17.9 million. His salary of $655,000 was complemented by a short-term cash bonus of $696,265, which was contingent on the company's performance metrics. A significant portion of his earnings comes from vested stock units valued at around $6.98 million, indicating a substantial stake in the company's growth. The stock awards are performance-based, aimed at aligning his incentives with those of the shareholders. McConnell's approach to compensation aligns with a broader philosophy in corporate America, focusing on performance-based pay to ensure that executives are motivated to achieve key financial targets. This structure reflects a modern trend where CEO pay is closely tied to company performance, encouraging leaders to drive growth effectively. In 2022, his total compensation was notably lower at $1.4 million, highlighting the variability depending on performance and the structure of his package.

Year

2023

Total Compensation

$8.36M

Salary

$655.00K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives, aligning their interests with those of stockholders through a significant portion of performance-based pay.

Bonus

$696.27K

Board Justification

Annual short-term incentive bonus based on company performance metrics for fiscal 2024, resulting in a payout of 106.3% of target.

Other

$31.56K

Board Justification

Includes contributions to health insurance premiums, 401(k) matching contributions, and other benefits.

Restricted Stock

$6.98M(150.54K RSU)

Board Justification

Time-based RSUs granted on June 5, 2023, vesting over three years with 33% vesting on the first anniversary and the remainder vesting quarterly thereafter.

Performance Metrics

Annual Recurring Revenue (ARR) and Non-GAAP Operating Income (NGOI) targets for fiscal 2024.

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