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Splunk Executive Compensation (FY23)

SPLK · Executive and director compensation, fiscal 2022 to 2023

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Data as of September 10, 2026Latest filing (8-K): June 23, 2023
10 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Splunk brief$1,500Get the executive brief
239 figures on this page: 230 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Chief executive, fiscal 2023
◇
Gary Steele
Median of the other named officers
$7,634,127
6 officers, excluding the chief executive
Latest say-on-pay support
=
June 21, 2023
Chief executive pay ratio
◇
To the median employee

Frequently asked questions

Answers drawn from the data on this page.
Who is Splunk's chief executive and what were they paid?
Gary Steele was paid $51,212,720 in total compensation as President, Chief Executive Officer and Director for fiscal 2023.
What was Splunk's say-on-pay result?
Shareholders recorded 67.5% support for the say-on-pay proposal at the meeting held June 21, 2023 for fiscal 2023.
Which companies are in Splunk's peer group?
The disclosed peer group names Akamai Technologies, ANSYS, Arista Networks, Autodesk and Block, among others.
What is Splunk's chief executive pay ratio?
For fiscal 2023, the company reported a chief executive pay ratio of 215:1, against median employee compensation of $239,274.

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
Gary Steele
President, Chief Executive Officer and Director
◇◇◇—◇—◇◇
Douglas Merritt
Former President, CEO and Director
Departed during or after this year
◇—◇—◇—◇◇
Shawn Bice
Former President of Products and Technology
Departed during or after this year
◇◇◇—◇—◇◇
Teresa Carlson
Former President and Chief Growth Officer
Departed during or after this year
◇◇◇—◇—◇◇
Jason Child
Former Senior Vice President and Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Timothy Tully
Former Senior Vice President, Chief Technology Officer
Departed during or after this year
◇—◇———◇◇
Scott Morgan
Senior Vice President, Chief Legal Officer, Global Affairs and Secretary
◇—◇—◇—◇◇
Brian Roberts
Chief Financial Officer
◇—◇———◇◇
Graham Smith
Former Interim Chief Executive Officer and Director
Departed during or after this year
Served on an interim basis
◇—◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gary Steele
President, Chief Executive Officer and Director
◇◇◇—◇—◇◇
Shawn Bice
Former President of Products and Technology
Departed during or after this year
◇—◇———◇◇
Jason Child
Former Senior Vice President and Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Scott Morgan
Senior Vice President, Chief Legal Officer, Global Affairs and Secretary
◇—◇—◇—◇◇
Teresa Carlson
Former President and Chief Growth Officer
Departed during or after this year
◇—————◇◇
Brian Roberts
Chief Financial Officer
◇—◇———◇◇
Graham Smith
Former Interim Chief Executive Officer and Director
Departed during or after this year
Served on an interim basis
◇—◇———◇◇
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 2023
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brian RobertsRSU◇——◇——◇
Gary SteelePSU◇◇◇—◇—◇
Gary SteeleRSU◇——◇——◇
Graham SmithRSU◇——◇——◇
Jason ChildPSU◇◇◇—◇—◇
Jason ChildRSU◇——◇——◇
Scott MorganPSU◇◇◇—◇—◇
Scott MorganRSU◇——◇——◇
Shawn BicePSU◇◇◇—◇—◇
Shawn BiceRSU◇——◇——◇
Fiscal 2022 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 2023 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Scott MorganRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Gary SteeleRSU◇◇——
PSU◇◇——
Brian RobertsRSU◇◇——
Graham SmithRSU◇◇——
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.
Brian Roberts
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2023 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Gary Steele
President, Chief Executive Officer and Director · Terms as described in the company’s compensation discussion · citing a 2023 filing
Severance multiple◇
Severance cash amount◇
Equity acceleration on change in control◇
Graham Smith
Former Interim Chief Executive Officer and Director · Terms as described in the company’s compensation discussion · citing a 2023 filing
Change-in-control trigger◇
Equity acceleration on change in control◇
Jason Child
Former Senior Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2023 filing
Equity acceleration on change in control◇
Scott Morgan
Senior Vice President, Chief Legal Officer, Global Affairs and Secretary · Terms as described in the company’s compensation discussion · citing a 2023 filing
Severance cash amount◇
Equity acceleration on change in control◇
Shawn Bice
Former President of Products and Technology · Terms as described in the company’s compensation discussion · citing a 2023 filing
Equity acceleration on change in control◇
Teresa Carlson
Former President and Chief Growth Officer · Terms as described in the company’s compensation discussion · citing a 2023 filing
Severance cash amount◇
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2023
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Luis Felipe Visoso
◇◇————◇
Richard P. Wallace
◇◇————◇
David Tunnell
◇◇————◇
Stephen Newberry
◇◇————◇
Mark Carges
◇◇————◇
Sean Boyle
◇◇————◇
Patricia Morrison
◇◇————◇
Graham Smith
Board chair
◇◇————◇
General Dennis Via
◇◇————◇
Elisa Steele
◇◇————◇
Sara Baack
◇◇————◇
Kenneth Hao
◇◇————◇
Sri Viswanath
◇—————◇
Yamini Rangan and Gary Steele served on the board in fiscal 2023 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 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.
Stock ownership guideline: Lesser of 5x annual cash retainer ($250,000) or 4,000 shares

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
  • Akamai Technologies AKAM
  • ANSYS ANSS
  • Arista Networks ANET
  • Autodesk ADSK
  • Block XYZ
  • Citrix Systems CTXS
  • Electronic Arts EA
  • Fortinet FTNT
  • Intuit INTU
  • Okta OKTA
  • Palo Alto Networks PANW
  • ServiceNow NOW
  • SS&C Technologies SSNC
  • Twitter TWTR
  • Veeva Systems VEEV
  • Verisign VRSN
  • VMWare VMW
  • Workday WDAY
  • Zillow Group Z

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2023June 21, 2023=◇◇◇
2022June 16, 2022=◇◇◇
2021June 17, 2021=◇◇◇
2020June 17, 2021=◇◇◇
2019June 11, 2020=◇◇◇
2018June 13, 2019=◇◇◇
2017June 7, 2018=◇◇◇
2016June 8, 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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What this page does not include

Everything above is a fact Splunk disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Splunk 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 — $1,200
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
Say-on-pay responsiveness
Splunk recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
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.
239 figures on this page: 230 cited to the filing that reported them, 9 calculated from figures it prints.
230 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001104659-23-074041
    ITEM 5.07. Submission of Matters to a Vote of Security Holders.
  2. 0001308179-23-000851
    CEO Pay Ratio · Compensation Discussion and Analysis · Fiscal 2023 Director Compensation · Grants of Plan-Based Awards for Fiscal 2023 · and 3 more sections
  3. 0001104659-22-072453
  4. 0001206774-22-001301
    Summary Compensation Table
  5. 0001104659-21-083479
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001104659-20-072938
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001104659-19-035691
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001104659-18-039232
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001104659-17-038459
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001104659-16-126628
    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, “Splunk executive compensation, FY2022–FY2023.” https://intel.velarion.ai/comp/SPLK (accessed 2026).
Short form: data: Velarion

The Splunk brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
10 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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Peers Splunk discloses

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

Akamai TechnologiesANSYSArista NetworksAutodeskBlockElectronic ArtsFortinetIntuitOktaPalo Alto NetworksServiceNowSS&C TechnologiesVeeva SystemsVerisignVMWareWorkdayZillow Group

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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