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Charter pricing closes April 30, 2026

Decision-grade compensation intelligence
for advisors and investors.

Run custom peer re-analysis, surface governance and vote-risk issues, and generate board-ready output in minutes — for any covered company.

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780+ companies across eight industries · Over 1,700 with full compensation data

Company Intelligence Preview

Type a ticker to get a governance score, peer context, and AI-generated analysis instantly.

Ask Velarion Anything

QUERY

Where does Fortinet’s CFO sit vs. cybersecurity peers?

CFO Jensen at $5.7M is the lowest-paid CFO in the peer group. CRWD’s Podbere earned $15.1M and PANW’s Golechha $14.6M in FY2024. Jensen’s comp declined 20% year-over-year — widening an already significant gap.

QUERY

Which cybersecurity peers have say-on-pay risk?

PANW received 46.6% say-on-pay support in FY2024 — its third consecutive failed vote. CEO Arora’s $58M total comp drove investor opposition. ZS recovered from 72% to 93% after CEO Chaudhry eliminated his own equity grants entirely.

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 $13.1M eliminated stock options entirely after FY2022, shifting to 100% RSUs.

780+
Covered Companies
8 Live
Industries
Named Peer Benchmarking
Custom Peer Groups
Adversarial Intelligence
Board-Ready Materials

Why Velarion

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

One peer groupCustom peer re-analysis

Build any peer group. Add or remove companies. See how every metric shifts. Test the comparison an informed investor would use.

Anonymous percentilesNamed peer benchmarking

See exactly which companies are above and below on every metric. PANW at $44.3M, not ‘Peer A at P75.’

Scattered governance reviewAdversarial intelligence

A skeptic agent surfaces challenges, flags thin evidence, and scores confidence. 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. Structured analysis with named peers, quantified risk, and specific recommendations.

COMPENSATION GOVERNANCE SCORECARD — FORTINET PEER GROUP
CompanySay-on-PayPay for PerfVote RiskBoard RefreshEquity MixOverall
PANWAA+A+AAA93
CRWDA-AAA-AA-89
ZSA-A-A+B+A-A-86
FTNTYOUR COMPANYB+BAB-B+B+78
CHKPA-B+AC+B+B+77
CYBRB+B-B+A-BB74
✦ INTELLIGENCE FTNT scores B- on Board Refresh — lowest in the cybersecurity peer group. Two directors have served 15+ years and the board added no new independent directors in the last three years. PANW and CRWD both refreshed two seats in the same period.

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 — pay positioning, equity mix, governance scores — shifts instantly.

Try It: Change the Peer Group, Change the Story

FTNTFortinet, Inc. — CEO Positioning
FY2024

Company-selected peer group (16 peers incl. PANW, CRWD, ZS, CHKP, CYBR)

Pay Rank vs. Peers
P72
CEO total compensation
Equity Mix
78%
0% performance-conditioned
Governance
B+
Overall peer group score
✦ Velarion Intelligence
CEO total comp at $23.8M sits at P72 vs. disclosed peers — but 78% is equity-based with no performance conditions. PANW and CRWD both moved to majority performance-based LTI in the last cycle. The committee should evaluate whether time-vested RSUs remain defensible as peers shift toward PSUs.

Coverage

780+ companies across eight industries.

Over 1,700 companies with full compensation data — including 960+ peer companies outside covered industries.

Real Estate
190+ companies
Gaming & Lodging
28+ companies
Tech — Software
170+ companies
Tech — Hardware
98+ companies
Banking
158+ companies
Insurance
78+ companies
Asset Management
42+ companies
Specialty Finance
20+ companies

Who It's For

Built for the people who shape compensation decisions.

For Advisors

Compensation Advisors & Consulting Firms

Advisory Firms · Independent Consultants · Engagement Teams

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
Named peers in every benchmark
Custom peer groups per engagement
Board-ready materials in minutes
Governance risk pre-analyzed
AI commentary on every company
For Investors

Investors & Governance Teams

Portfolio Managers · Governance Analysts · Stewardship Teams

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
Portfolio-wide governance screening
Say-on-pay trajectory tracking
Peer group construction analysis
Compensation outlier detection
Saved portfolios across industries
For Corporate Teams

Compensation Committees & Corporate Teams

CHROs · Total Rewards · Committee Support · General Counsel

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
Year-round benchmarking
Board-ready materials on demand
Executive retention risk flags
Governance scorecard vs. peers
Custom peer group modeling

The intelligence your competitors don't have yet.

Decision-grade compensation intelligence. Eight industries. 780+ companies. Board-ready in minutes.

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We run a working session on the companies you cover — so you see exactly how Velarion™ changes your work.

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