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CompBrief
Individual executive and board research reports on any US public company, plus private company benchmarking against public peers.
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Real-time alerts on executive compensation, board governance, and Say-on-Pay events as they are disclosed.
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Commissioned executive compensation and corporate governance research reports for institutional investors.
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Public · Private · Pre-IPO · PE-portfolio · executive & board pay

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors, and companies.

Current through last week’s filings, not last spring’s disclosures. When a committee grants an award today, you see it now, roughly a year before it reaches an annual disclosure.

New · The RefreshNearly real-time

Every executive and director award granted since the last annual disclosure, read about a year early.

Awards appear within days, each priced at its grant date and read against the pay design the company stated, the say-on-pay vote it received, and the comparators it named itself. Not an activity feed: every award lands inside the full structured picture, so the committee sees what this year’s decisions mean while the year is still live. Every figure carries its date and its source.

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See Private Benchmarking ↓

Full access. All industries. No credit card.

12 industries and the Dow 30, with the S&P 500 next

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Velarion covers nearly 3,000 US public companies, including the comparators they name themselves.
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Full access. All industries. No credit card. · 12 industries and the Dow 30, with the S&P 500 next

Working with a private, PE-portfolio, or pre-IPO company? See Private Benchmarking ↓

Ask Velarion Anything

QUERY

How does CFO pay compare across the cybersecurity peer set?

Current CFO seats span ~$4.4M (Fortinet) to ~$30.3M (Zscaler), roughly 7× for the same role. At Zscaler, founder-CEO Chaudhry draws a nominal ~$30K total while CFO Rubin is the highest-paid finance seat in the set, an internal-pay-equity contrast a committee would flag. Velarion shows every seat by name, not an anonymized median.

QUERY

What’s the CEO comp range across cybersecurity peers?

From $30K to $99.7M. Zscaler CEO Chaudhry takes a nominal $24K salary with no equity grants. PANW CEO Arora received $99.7M in FY2025, 95% stock awards. Fortinet CEO Xie at ~$11.5M phased out stock options after FY2022, shifting to equity split between time-vested RSUs and performance-vested PSUs.

This Year's Awards, Read Early
Named Peer Benchmarking
Custom Peer Groups
Adversarial Intelligence
Board-Ready Materials
Every Figure Dated and Sourced

Why Velarion

This isn't a tool. It's a competitive advantage.

Last year's annual disclosureThis year's awards, about a year early

The Refresh carries every executive and director award granted since the last annual disclosure, priced at its grant date and read against the stated pay design, the say-on-pay vote, and the comparators the company names itself.

Anonymous percentilesNamed peer benchmarking

See exactly which companies are above and below on every metric. PANW at $99.7M, not ‘Peer A at P75.’

Trust-me AI narrativesEvery figure dated, sourced, and challenged

Each figure carries an as-of date and traces back to the disclosure it came from. A skeptic agent surfaces challenges, flags thin evidence, and scores confidence, so every conclusion comes with the case against it.

Weeks of prepBoard-ready in one click

Structured findings with named peers, quantified risk, and cited evidence, exported as presentation materials the committee can act on.

Platform

Intelligence that's ready for the meeting.

Not a data dump. Not a chatbot. Not a static document you slice into. The read, not just the table: structured analysis with named peers, quantified risk, and specific recommendations.

Board and director pay benchmarking sits alongside named-executive comp. Every figure carries its date and its source, so you always know how current a number is and where it came from.

THE REFRESH · THIS YEAR’S AWARDS, ABOUT A YEAR EARLY
A tab in the platform, beside Executive Compensation, Board & Directors, and Peer Intelligence

An annual disclosure tells you what a company paid last year. The Refresh tells you what it is paying this year, nearly in real time. Every executive and director award granted since the last annual disclosure is captured within days, priced at its grant date, and joined to everything else Velarion already knows about the company. Current through last week’s filings, not last spring’s disclosures.

Priced at the award date
Within days

Each award is valued as of the date it was granted, not restated later, so the number reflects the decision the committee actually made.

Read against the stated pay design
Design fit

New grants are tested against the program the company described: vehicle mix, performance conditions, and target positioning.

Read against the say-on-pay vote
Vote context

This year's awards are set beside the support the program last received, so a program under pressure is visible while it can still be changed.

Read against the named comparators
Peer context

Awards are positioned against the peers the company itself discloses, and against any custom group you build instead.

✦ INTELLIGENCE This is not an activity feed. A list of new awards on its own tells you nothing; the same grant can be routine or a material change depending on the design it sits in, the vote behind it, and the peers around it. The Refresh is the bridge between the last annual disclosure and the next one, which is the window where a committee can still act. Intelligence you can date and trace: every figure shows when it was current and which source it came from.

Private Company Benchmarking

Benchmark a private, PE-portfolio, or pre-IPO company.

Profile a private, PE-portfolio, or pre-IPO company and see executive and board pay benchmarked against comparable public companies, matched by industry and size, with a stated cohort size and confidence basis. A directional first draft, not a private-company survey substitute.

Benchmark a Private Company →

Peer Intelligence Engine

What happens when you change the peer group?

Disclosed peer groups are chosen by the company. Replace or add companies and see how every metric shifts instantly: pay positioning, equity mix, governance scores.

Try It: Change the Peer Group, Change the Story

PANWPalo Alto Networks Inc. · CEO Positioning
FY2025

Company-disclosed peer group of 16 large-cap software & infrastructure names (ADBE, NOW, INTU, CRWD, SNPS…); median CEO total $25.7M

Pay Rank vs. Peers
P88
CEO total comp vs 16 disclosed peers
CEO Total Comp
$99.7M
Nikesh Arora · FY2025
Say-on-Pay
46.6%
Most recent vote · FY2025
✦ Velarion Intelligence
PANW's disclosed peer set spans 16 large-cap software and infrastructure names (ADBE, NOW, INTU, CRWD, SNPS…) with a median CEO total of $25.7M. Arora's $99.7M sits at P88 of that set, and the FY2025 Say-on-Pay vote came in at 46.6%. Velarion's adversarial pass flags whether the disclosed set is defensible, and what positioning looks like against a size-matched cohort instead.

Industries and Indices

12 industries and the Dow Jones Industrial Average, with the S&P 500 next.

Nearly 3,000 US public companies, including their disclosed comparators. Coverage is deliberate rather than exhaustive: an industry goes live only once every company in it, and every comparator those companies name, carries the same analysis.

Real Estate
Live
Gaming & Lodging
Live
Tech — Software
Live
Tech — Hardware
Live
Banking
Live
Insurance
Live
Asset Management
Live
Specialty Finance
Live
Payments & Financial Infrastructure
Live
Biopharma & Life Sciences
Live
MedTech & Diagnostics
Live
Utilities
Live
Dow Jones Industrial Average (Dow 30)
Index · Live
S&P 500
Index · Next

Who It's For

Built for the people who shape compensation decisions.

For Advisors

Compensation Advisors & Consulting Firms

Advisory Firms · Independent Consultants · Engagement Teams

Velarion runs in Advisor / Issuer / Investor mode: findings, recommendations, and CTAs re-frame for your seat at the table.

Your competitors are walking into meetings with six months of peer movement and governance shifts already analyzed. Every company in the industry, benchmarked and interpreted, before any engagement begins.

Bring intelligence to every engagement that used to require a separate research workflow. Named peer benchmarking, custom peer groups, and AI-interpreted governance risk, ready for the conversation.

Bring This to Your Next Engagement →
ADVISOR ADVANTAGE
This year's awards on The Refresh, about a year before the annual disclosure
Named peers in every benchmark
Custom peer groups per engagement
Board-ready materials in minutes
Governance risk pre-analyzed
AI commentary on every company
Benchmark private clients against comparable public companies, with cohort size and confidence basis stated.
For Investors

Investors & Governance Teams

Portfolio Managers · Governance Analysts · Stewardship Teams

Velarion runs in Advisor / Issuer / Investor mode: findings, recommendations, and CTAs re-frame for your seat at the table.

Screening compensation governance risk across 50+ portfolio companies means reviewing 50+ annual disclosures. By the time you've finished, the first ones are already stale.

Monitor compensation governance risk across your entire portfolio. Identify outliers, track say-on-pay trajectories, and build the case before the vote, not after.

Screen Your Portfolio →
INVESTOR ADVANTAGE
This year's awards on The Refresh, read before the next vote
Portfolio-wide governance screening
Say-on-pay trajectory tracking
Peer group construction analysis
Compensation outlier detection
Saved portfolios across industries
Benchmark PE-portfolio and pre-IPO holdings against the public comparable set.
For Corporate Teams

Compensation Committees & Corporate Teams

CHROs · Total Rewards · Committee Support · General Counsel

Velarion runs in Advisor / Issuer / Investor mode: findings, recommendations, and CTAs re-frame for your seat at the table.

Your next committee meeting is 6 weeks away. Do you know where every executive sits relative to peers, right now? Not where they sat when the last study was completed. Right now.

Year-round intelligence without waiting for the next engagement cycle. Know where every executive sits before you walk into the committee room. Download a board-ready briefing in minutes, not weeks.

Prepare for Your Next Meeting →
CORPORATE ADVANTAGE
This year's awards on The Refresh, while the year is still live
Year-round benchmarking
Board-ready materials on demand
Executive retention risk flags
Comparative governance profile vs. peers
Custom peer group modeling

The intelligence your competitors don't have yet.

Independent decision-grade compensation and corporate governance intelligence, including this year’s awards about a year before they reach an annual disclosure. 12 industries and the Dow 30, with the S&P 500 next. Board-ready in minutes.

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Start with a 3-day free trial: full access, all industries, no credit card.

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For informational purposes only. Not investment, legal, or compensation advice.  Terms · Privacy