Todd Nightingale is the CEO of Fastly, Inc., where he stepped into the role on September 1, 2022, after the previous CEO, Joshua Bixby, resigned. With a strong educational background, Todd holds a Bachelor of Science and a Master's from...

Todd Nightingale is the CEO of Fastly, Inc., where he stepped into the role on September 1, 2022, after the previous CEO, Joshua Bixby, resigned. With a strong educational background, Todd holds a Bachelor of Science and a Master's from the Massachusetts Institute of Technology, both in electrical engineering and computer science. Before joining Fastly, he was the Executive Vice President and General Manager at Cisco Systems, focusing on enterprise networking and cloud services. His time at Cisco also included leadership roles at Cisco Meraki, which could point to his sharp understanding of technology and cloud solutions. In his first year at Fastly, Todd's compensation included a significant package of stock options and bonuses tied to company performance, reflecting his commitment to driving growth. Interestingly, he has actively engaged in insider trading, with the highest value of his holdings reaching around $27.38 million in February 2024, indicating his strong belief in the company’s future. Under his leadership, Fastly aims to adapt to the ever-changing landscape of technology, ensuring it remains competitive and innovative.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Fastly CEOs

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Todd Nightingale

CEO of Fastly

Education

Bachelor of Science in electrical engineering and computer science from Massachusetts Institute of Technology; Masters in engineering from Massachusetts Institute of Technology

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1979 - 46 years ago

CEO of Fastly for

2 years 7 months (Sep 2022 - Present)

Previous Experience

Senior Vice President and General Manager of Cisco Meraki. Various roles as Vice President at Cisco Meraki.

Rivals

Competitors/colleagues of Todd Nightingale

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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

Holdings

See how much did Todd Nightingale make over time.

Todd Nightingale has shown considerable confidence in Fastly's future through his trading activities. Between September 2022 and June 2024, he managed to grow his holdings, with the peak value reaching approximately $27.38 million in February 2024. His investments have fluctuated...

Todd Nightingale has shown considerable confidence in Fastly's future through his trading activities. Between September 2022 and June 2024, he managed to grow his holdings, with the peak value reaching approximately $27.38 million in February 2024. His investments have fluctuated significantly, indicating a strong belief in the company's direction and its performance. In October 2023, his holdings were valued at $19.6 million, then jumped to about $26 million by the end of 2023, showing optimism about Fastly's stock performance. This kind of trading suggests that he not only manages the company's strategies but also is personally invested in its potential success. A large portion of his wealth—nearly $27 million—was in his holdings at one point, which speaks volumes about his level of investment and trust in Fastly's growth. Now, it stands at a more modest level, around $10 million, signaling the potential ups and downs of market dynamics.

Total Stock Sold

$11.28M

FSLY

$11.28M

886,974 FSLY shares

What if they kept their stock?

If Todd Nightingale didn't sell their stock, today they would have:
Extra FSLY886,974 shares worth $18.40M.
This is 63.18% and $7.13M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Todd Nightingale.

FSLY

362,513 shares

FSLY

Mar 6, 2025

Received

FSLY

$152.71K

FSLY at $6.64/share

Feb 28, 2025

Sale

FSLY

95,213 shares

FSLY

Feb 25, 2025

Received

FSLY

$59.05K

FSLY at $6.87/share

Feb 25, 2025

Sale

FSLY

$285.49K

FSLY at $8.04/share

Feb 19, 2025

Sale

FSLY

$98.76K

FSLY at $8.12/share

Nov 25, 2024

Sale

FSLY

$311.35K

FSLY at $6.25/share

Nov 18, 2024

Sale

FSLY

$76.02K

FSLY at $6.25/share

Aug 23, 2024

Sale

FSLY

$408.29K

FSLY at $6.18/share

Aug 16, 2024

Sale

FSLY

$108.49K

FSLY at $8.92/share

May 23, 2024

Sale

Compensation History

See how much did Todd Nightingale make over time.

In 2023, Todd Nightingale's total compensation at Fastly was approximately $10.17 million. This included a base salary of $600,000 and an annual bonus of $600,000 linked to company performance. His stock awards for that year were substantial, with roughly $8.98 million in vested stock coming from both time-based and performance-based grants. He has also received significant stock options in his initial years at the company, reflecting both the company's needs for performance and the drive to keep him engaged with long-term growth. His pay package is structured to incentivize him based on Fastly's financial achievements and stock performance, showing a clear alignment between his performance and the company's success.

Year

2023

Total Compensation

$10.19M

Salary

$600.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and strategic objectives.

Bonus

$600.00K

Board Justification

In 2023, Todd Nightingale was eligible for an annual incentive tied to revenue goals, with the award paid in cash.

Other

$0.00

Board Justification

No other compensation was reported for Todd Nightingale in 2023.

Restricted Stock

$8.99M(583.66K RSU)

Board Justification

In 2023, Todd Nightingale received 291,828 PSUs and 291,828 RSUs, both of which vested during the year.

Performance Metrics

The performance metrics for Todd Nightingale's compensation in 2023 were based on revenue achievement and non-GAAP operating loss as a percentage of revenue.

Other Fastly CEOs

Here are other CEOs of Fastly

Joshua Bixby

Founder and Ex-CEO of Fastly

February 2020 - September 2022