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Tech — Software

SecureWorks Executive Compensation (FY24)

SCWX · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024
◇
Wendy Thomas
Median of the other named officers
$3,207,498
5 officers, excluding the chief executive
Latest say-on-pay support
=
June 25, 2024
Chief executive pay ratio
◇
To the median employee
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193 figures on this page: 190 cited to the filing that reported them, 3 calculated from figures it prints. See the citations

More on SecureWorks

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Wendy Thomas: $6,597,910 → $8,187,796 (24.1% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is SecureWorks' chief executive and what were they paid?
Total compensation for Wendy Thomas, Chief Executive Officer, came to $8,187,796 in fiscal 2024. Thomas' total moved 24.1% higher from the $6,597,910 reported for fiscal 2023.
What was SecureWorks' say-on-pay result?
Shareholders recorded 99.8% support for the say-on-pay proposal at the meeting held June 25, 2024 for fiscal 2024.
Which companies are in SecureWorks' peer group?
The disclosed peer group names A10 Networks, Inc., ACI Worldwide, Inc., Blackbaud, Inc., Commvault Systems, Inc. and Guidewire Software, Inc., among others.
What is SecureWorks' chief executive pay ratio?
For fiscal 2024, the company reported a chief executive pay ratio of 65:1, against median employee compensation of $125,566.

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
Wendy Thomas
Chief Executive Officer
◇—◇—◇—◇◇
Michael Cote
Former Chief Executive Officer
Departed during or after this year
◇—◇———◇— not reconciled
Paul Parrish
Former Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Wendy Thomas
Chief Executive Officer
◇—◇—◇—◇◇
Paul Parrish
Former Chief Financial Officer
◇—◇—◇—◇◇
George Hanna
Chief Legal & Administrative Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Wendy Thomas
Chief Executive Officer
◇◇◇—◇—◇◇
Stephen Fulton
President
◇◇◇—◇—◇◇
Alpana Wegner
Chief Financial Officer
◇◇◇—◇—◇◇
George Hanna
Chief Legal & Administrative Officer
◇◇◇—◇—◇◇
Christian Grant
Interim Chief Financial Officer and Chief Accounting Officer
Departed during or after this year
Served on an interim basis
◇◇◇—◇—◇◇
Paul Parrish
Former Chief Financial 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 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alpana WegnerRSU◇——◇——◇
Christian GrantRSU◇——◇——◇
Christian GrantRSU◇——◇——◇
George HannaPSU◇◇◇—◇—◇
George HannaRSU◇——◇——◇
Stephen FultonRSU◇——◇——◇
Stephen FultonPSU◇◇◇—◇—◇
Wendy K. ThomasRSU◇——◇——◇
Wendy K. ThomasPSU◇◇◇—◇—◇
Fiscal 2022, 2023 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 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Wendy ThomasRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Alpana WegnerRSU◇◇——
Stephen FultonRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
George HannaRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Christian GrantRSU◇◇——
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.
Alpana Wegner
Chief Financial Officer · Terms as announced by the company
Severance cash amount◇
Excise tax treatment◇
Clawback◇
George Hanna
Chief Legal & Administrative Officer · Terms as described in the company’s compensation discussion
Severance cash amount◇
Excise tax treatment◇
Paul Parrish
Former Chief Financial Officer · Terms as described in the company’s compensation discussion
Excise tax treatment◇
Stephen Fulton
President · Terms as described in the company’s compensation discussion
Severance cash amount◇
Excise tax treatment◇
Wendy Thomas
Chief Executive Officer · Terms as described in the company’s compensation discussion
Severance cash amount◇
Excise tax treatment◇

Director compensation

What each non-employee director was paid.
Fiscal 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Yagyensh (Buno) C. Pati
◇◇————◇
Mark J. Hawkins
◇◇————◇
Pamela Daley
◇◇————◇
William (Bill) H. Cary, Kyle Paster, Michael S. Dell and Wendy K. Thomas served on the board in fiscal 2024 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◇
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 2024
  • A10 Networks, Inc. ATEN
  • ACI Worldwide, Inc. ACIW
  • Blackbaud, Inc. BLKB
  • Commvault Systems, Inc. CVLT
  • Guidewire Software, Inc. GWRE
  • Mandiant, Inc. MNDT
  • New Relic, Inc. NEWR
  • OneSpan, Inc. OSPN
  • Progress Software Corporation PRGS
  • Qualys, Inc. QLYS
  • Rapid7, Inc. RPD
  • SailPoint Technologies Holdings, Inc. SAIL
  • Tenable Holdings, Inc. TENB
  • Varonis Systems, Inc. VRNS
  • Verint Systems, Inc. VRNT

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2024June 25, 2024=◇◇◇
2023June 27, 2023=◇◇◇
2022June 21, 2022=◇◇◇

Chief executive pay ratio

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

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Wendy Thomas (Chief Executive Officer), FY2024 total compensation $8,187,796 (base salary $500,000) [exec_comp, SEC accession 0001140361-24-026278, filed 2024-05-15]

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What this page does not include

Everything above is a fact SecureWorks disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where SecureWorks 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.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
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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.
193 figures on this page: 190 cited to the filing that reported them, 3 calculated from figures it prints.
190 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001468666-24-000031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001140361-24-026278
    Compensation Discussion and Analysis · Director Compensation · Fiscal 2024 Summary Compensation Table · Grants of Plan-Based Awards in Fiscal 2024 · and 2 more sections
  3. 0001468666-23-000025
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001468666-22-000025
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001140361-22-018640
    Fiscal 2022 Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “SecureWorks executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/SCWX (accessed 2026).
Short form: data: Velarion

The paid brief for SecureWorks

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings

Peers SecureWorks discloses

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

Terms on this page

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}
}