Tech — Software
Nutanix Executive Compensation (FY25)
NTNX · San Jose, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): December 15, 2025
213 figures on this page: 205 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
Rajiv Ramaswami was paid $22,569,085 in total compensation as President and Chief Executive Officer for fiscal 2025, and Ramaswami's total moved 55.9% lower from the $51,143,711 reported for fiscal 2024. Separately, the disclosed chief executive pay ratio for fiscal 2025 is 153:1, against median employee compensation of $147,700. Meanwhile, the say-on-pay proposal drew 91.8% of votes cast including abstentions in favor at the meeting held December 12, 2025 for fiscal 2025. Companies named in the disclosed peer group include Box, Commvault Systems, Dropbox, Dynatrace and Elastic N.V., among others.
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 — Rajiv Ramaswami: $51,143,711 → $22,569,085 (55.9% lower)
Say-on-pay support: 73.0% → 91.8% (18.8 points higher)
CEO pay ratio: 364:1 → 153:1 (58.0% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Nutanix's chief executive and what were they paid?
Rajiv Ramaswami was paid $22,569,085 in total compensation as President and Chief Executive Officer for fiscal 2025. Ramaswami's total moved 55.9% lower from the $51,143,711 reported for fiscal 2024.
What was Nutanix's say-on-pay result?
The say-on-pay proposal drew 91.8% of votes cast including abstentions in favor at the meeting held December 12, 2025 for fiscal 2025.
Which companies are in Nutanix's peer group?
Companies named in the disclosed peer group include Box, Commvault Systems, Dropbox, Dynatrace and Elastic N.V., among others. Companies named in the 2026 Peer Group include Cloudflare, Datadog, Snowflake and Zscaler.
What is Nutanix's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 153:1, against median employee compensation of $147,700.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Rajiv Ramaswami President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Rukmini Sivaraman Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Duston Williams Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
David Sangster Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Tyler Wall Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Rajiv Ramaswami President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
David Sangster Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Rukmini Sivaraman Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Tyler Wall Former Chief Legal Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Brian Martin Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Rajiv Ramaswami President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rukmini Sivaraman Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Tyler Wall Former Chief Legal Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
David Sangster Former Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Brian Martin Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Rajiv Ramaswami President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rukmini Sivaraman Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Brian Martin Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Sangster Former Chief Operating Officer Departed during or after this year | ◇ | — | — | — | — | — | — | ◇ |
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Brian Martin | PRSU | — | — | — | — | — | — | ◇ |
| Rajiv Ramaswami | PRSU | — | — | — | — | — | — | ◇ |
| Rukmini Sivaraman | PRSU | — | — | — | — | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Rukmini Sivaraman | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Brian Martin | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Rajiv Ramaswami | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Virginia Gambale Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Brian Stevens | ◇ | ◇ | — | — | — | — | ◇ |
Steven J. Gomo | ◇ | ◇ | — | — | — | — | ◇ |
Max de Groen | ◇ | ◇ | — | — | — | — | ◇ |
Mark Templeton | ◇ | ◇ | — | — | — | — | ◇ |
Gayle Sheppard | ◇ | ◇ | — | — | — | — | ◇ |
Craig Conway | ◇ | ◇ | — | — | — | — | ◇ |
David Humphrey | ◇ | ◇ | — | — | — | — | ◇ |
Eric K. Brandt | ◇ | ◇ | — | — | — | — | ◇ |
Greg Lavender and Rajiv Ramaswami 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 | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee member | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Box BOX
- Commvault Systems CVLT
- Dropbox DBX
- Dynatrace DT
- Elastic N.V. ESTC
- F5 Networks FFIV
- Guidewire Software GWRE
- HubSpot HUBS
- Informatica INFA
- MongoDB MDB
- NetApp NTAP
- Okta OKTA
- Pegasystems PEGA
- PTC PTC
- Pure Storage P
- Teradata TDC
- Twilio TWLO
2026 Peer Group
- Cloudflare NET
- Datadog DDOG
- Snowflake SNOW
- Zscaler ZS
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | December 12, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | December 13, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | December 8, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | December 9, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | December 10, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | December 11, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | December 13, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | December 17, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Nutanix disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Nutanix 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
213 figures on this page: 205 cited to the filing that reported them, 8 calculated from figures it prints.
205 cited to the filing
8 calculated from the filing
Documents cited
- 0001193125-25-319180Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-25-246962CEO Pay Ratio · Fiscal Year 2025 Director Compensation Table · Fiscal Year 2025 Summary Compensation Table · Grants of Plan-Based Awards · and 3 more sections
- 0001193125-24-279708Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001308179-24-000763Fiscal Year 2025 Summary Compensation Table · Summary Compensation Table
- 0000950170-23-069686Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001308179-23-001040Summary Compensation Table
- 0000950170-22-026399Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001308179-22-000381Fiscal Year 2022 Summary Compensation Table
- 0000950170-21-005219Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001618732-20-000177Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001618732-19-000136Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001618732-18-000176
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Nutanix executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/NTNX (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings
Peers Nutanix discloses
The companies named in NTNX's own disclosed peer group.
Terms on this page
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}
}