Palo Alto
Almost 95 percent of Kiani’s pay “will only vest if there is a qualifying termination of his employment,” Mark de Raad, Masimo’s chief financial officer, said in an e-mail. Excluding that award, Kiani’s compensation was $7.3 million, he said.
Palo Alto Networks Inc. Chairman and Chief Executive Officer Mark McLaughlin comes in at No. 5 with $112.7 million in compensation for 2015. Most of the pay came from 600,000 restricted shares that he received because his unvested equity holdings were “significantly lower” than those of CEOs in the company’s peer group, according to an October filing.
Spokesmen for PJT, Alphabet and Palo Alto Networks declined to comment.