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Harmonic Executive Compensation (FY25)

HLIT · San Jose, CA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Nimrod Ben-Natan
Latest say-on-pay support
=
June 4, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): June 5, 2026
16 filings cited on this page
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289 figures on this page: 278 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Harmonic

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Nimrod Ben-Natan: $8,431,528 → $6,163,092 (26.9% lower)
Say-on-pay support: 95.2% → 97.0% (1.8 points higher)
CEO pay ratio: 85:1 → 56:1 (34.1% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Harmonic's chief executive and what were they paid?
Nimrod Ben-Natan, President and Chief Executive Officer, received $6,163,092 in total compensation for fiscal 2025. Ben-Natan's total moved 26.9% lower from the $8,431,528 reported for fiscal 2024.
What was Harmonic's say-on-pay result?
The say-on-pay proposal drew 97.0% of votes cast including abstentions in favor at the meeting held June 4, 2026 for fiscal 2025.
Which companies are in Harmonic's peer group?
The disclosed peer group names A10 Networks, Inc., ADTRAN Holdings, Inc., Alpha and Omega Semiconductor Limited, Calix, Inc. and Cohu, Inc., among others.
What is Harmonic's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 56:1, against median employee compensation of $109,991.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Patrick J. Harshman
President and Chief Executive Officer
◇—◇—◇—◇◇
Sanjay Kalra
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Neven Haltmayer
Senior Vice President, Video R&D
◇—◇—◇—◇◇
Nimrod Ben-Natan
Senior Vice President and General Manager, Broadband Business
◇—◇—◇—◇◇
Ian Graham
Senior Vice President, Global Sales and Video Services
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Patrick J. Harshman
President and Chief Executive Officer
◇—◇—◇—◇◇
Walter Jankovic
Chief Financial Officer
◇—◇—◇—◇◇
Nimrod Ben-Natan
President and Chief Executive Officer
◇—◇—◇—◇◇
Neven Haltmayer
Senior Vice President and General Manager, Video Business
◇—◇—◇—◇◇
Ian Graham
Senior Vice President, Global Sales
◇—◇—◇—◇◇
Jeremy Rosenberg
Former Interim Chief Financial Officer
Departed during or after this year
Served on an interim basis
◇—◇—◇—◇◇
Sanjay Kalra
Former Chief Financial Officer
Departed during or after this year
◇—————◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Nimrod Ben-Natan
President and Chief Executive Officer
◇—◇—◇—◇◇
Patrick J. Harshman
Former President and Chief Executive Officer
Departed during or after this year
◇—◇———◇◇
Walter Jankovic
Chief Financial Officer
◇—◇—◇—◇◇
Neven Haltmayer
Senior Vice President and General Manager, Video Business
◇—◇—◇—◇◇
Timothy Chu
General Counsel, SVP Human Resources and Corporate Secretary
◇—◇—◇—◇◇
Ian Graham
Former Senior Vice President, Global Sales
Departed during or after this year
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Nimrod Ben-Natan
President and Chief Executive Officer
◇—◇—◇—◇◇
Walter Jankovic
Chief Financial Officer
◇—◇—◇—◇◇
Neven Haltmayer
Senior Vice President and General Manager, Video Business
◇—◇—◇—◇◇
Timothy Chu
General Counsel, SVP Human Resources and Corporate Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Neven HaltmayerRSU◇——◇——◇
Neven HaltmayerPSU◇◇◇—◇—◇
Neven HaltmayerPSU◇◇◇—◇—◇
Nimrod Ben-NatanPSU◇◇◇—◇—◇
Nimrod Ben-NatanPSU◇◇◇—◇—◇
Nimrod Ben-NatanRSU◇——◇——◇
Timothy ChuPSU◇◇◇—◇—◇
Timothy ChuPSU◇◇◇—◇—◇
Timothy ChuRSU◇——◇——◇
Walter JankovicPSU◇◇◇—◇—◇
Walter JankovicPSU◇◇◇—◇—◇
Walter JankovicRSU◇——◇——◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Neven HaltmayerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Nimrod Ben-NatanPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Timothy ChuRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Walter JankovicRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Nimrod Ben-Natan
President and Chief Executive Officer · Change-in-control agreement · dated April 11, 2008
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Patrick Gallagher
Board chair
◇◇————◇
Deborah L. Clifford
◇◇————◇
David Krall
◇◇————◇
Neel Dev
◇◇————◇
Stephanie Copeland
◇◇————◇
Dan Whalen
◇◇————◇
Dana Crandall
◇◇————◇
Nimrod Ben-Natan served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • A10 Networks, Inc. ATEN
  • ADTRAN Holdings, Inc. ADTN
  • Alpha and Omega Semiconductor Limited AOSL
  • Calix, Inc. CALX
  • Cohu, Inc. COHU
  • Digi International Inc. DGII
  • Extreme Networks, Inc. EXTR
  • Five9, Inc. FIVN
  • Gogo Inc. GOGO
  • InterDigital, Inc. IDCC
  • Lumentum Holdings Inc. LITE
  • MaxLinear, Inc. MXL
  • N-able, Inc. NABL
  • NetScout Systems, Inc. NTCT
  • Progress Software Corporation PRGS
  • Rambus Inc. RMBS
  • Ribbon Communications Inc. RBBN
  • Viavi Solutions Inc. VIAV
  • Xperi Inc. XPER
  • Yext, Inc. YEXT

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 4, 2026=◇◇◇
2024June 12, 2025=◇◇◇
2023June 11, 2024=◇◇◇
2022June 23, 2023=◇◇◇
2021June 9, 2022=◇◇◇
2020June 8, 2021=◇◇◇
2019June 10, 2020=◇◇◇
2018June 5, 2019=◇◇◇
2017June 8, 2018=◇◇◇
2016June 13, 2017=◇◇◇
2015June 9, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Nimrod Ben-Natan (President and Chief Executive Officer), FY2025 total compensation $6,163,092 (base salary $609,000) [exec_comp, SEC accession 0001140361-26-016701, filed 2026-04-24]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

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What this page does not include

Everything above is a fact Harmonic disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Harmonic sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
289 figures on this page: 278 cited to the filing that reported them, 11 calculated from figures it prints.
278 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-259564
    4 412,531 89,571 14,455,250 2. Stockholders approved, on an advisory basis, the compensation of the named executive officers.
  2. 0001140361-26-016701
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards
  3. 0001193125-26-042914
    EX-10.1
  4. 0000851310-25-000057
    0 874,976 80,380 15,936,082 2. Stockholders approved, on an advisory basis, the compensation of the named executive officers.
  5. 0001140361-25-016640
    Summary Compensation Table
  6. 0000851310-24-000061
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001140361-24-023022
    Summary Compensation Table
  8. 0000851310-23-000059
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001140361-23-021538
    Summary Compensation Table
  10. 0000851310-22-000029
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000851310-21-000032
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000851310-20-000010
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000851310-19-000028
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000851310-18-000043
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0000851310-17-000041
  16. 0001193125-16-619064
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Harmonic executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/HLIT (accessed 2026).
Short form: data: Velarion

The paid brief for Harmonic

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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16 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Harmonic discloses

The companies named in HLIT's own disclosed peer group.

A10 Networks, Inc.ADTRAN Holdings, Inc.Alpha and Omega Semiconductor LimitedCalix, Inc.Cohu, Inc.Digi International Inc.Extreme Networks, Inc.Five9, Inc.Gogo Inc.InterDigital, Inc.Lumentum Holdings Inc.MaxLinear, Inc.N-able, Inc.NetScout Systems, Inc.Progress Software CorporationRambus Inc.Ribbon Communications Inc.Viavi Solutions Inc.Xperi Inc.Yext, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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