Splunk Executive Compensation (FY23)

Name: Splunk (SPLK) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

SPLK · Executive and director compensation, fiscal 2022 to 2023

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

Velarion Intel, $5,000/year: one seat · one year · every company we cover, with dashboards, peer screens and board-ready briefs.

See every company’s exec pay — free for 3 days, no card See the plan and pricing

The Splunk brief, $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 $900.

Get the executive brief Get the board briefNo account needed.

Data as of October 22, 2026Latest filing (8-K): June 23, 2023

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

Splunk brief$500Get the executive brief

Velarion Intel, one year, every company

229 figures on this page: 220 cited to the filing that reported them, 9 calculated from figures it prints. See the citations

What changed from fiscal 2022 to fiscal 2023

The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.

Chief executive of record: Graham Smith → Gary Steele

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

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
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	◇	—	◇	—	◇	—	◇	◇
Graham Smith Former Interim Chief Executive Officer and Director Departed during or after this year Served on an interim basis	◇	—	◇	—	—	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
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

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Brian Roberts	RSU	◇	—	—	◇	—	—	◇
Gary Steele	RSU	◇	—	—	◇	—	—	◇
Gary Steele	PSU	◇	◇	◇	—	◇	—	◇
Graham Smith	RSU	◇	—	—	◇	—	—	◇
Jason Child	RSU	◇	—	—	◇	—	—	◇
Jason Child	PSU	◇	◇	◇	—	◇	—	◇
Scott Morgan	PSU	◇	◇	◇	—	◇	—	◇
Scott Morgan	RSU	◇	—	—	◇	—	—	◇
Shawn Bice	RSU	◇	—	—	◇	—	—	◇
Shawn Bice	PSU	◇	◇	◇	—	◇	—	◇

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

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Gary Steele	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
Brian Roberts	RSU	◇	◇	—	—
Scott Morgan	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
Graham Smith	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.

Brian Roberts

Chief Financial Officer · Terms as described in the company’s compensation discussion

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

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

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

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

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

Equity acceleration on change in control

◇

Teresa Carlson

Former President and Chief Growth Officer · Terms as described in the company’s compensation discussion

Severance cash amount	◇
Equity acceleration on change in control	◇

Director compensation

What each non-employee director was paid.

Fiscal 2023

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Luis Felipe Visoso	◇	◇	—	—	—	—	◇
Richard P. Wallace	◇	◇	—	—	—	—	◇
David Tunnell	◇	◇	—	—	—	—	◇
Stephen Newberry	◇	◇	—	—	—	—	◇
Mark Carges	◇	◇	—	—	—	—	◇
Sean Boyle	◇	◇	—	—	—	—	◇
Patricia Morrison	◇	◇	—	—	—	—	◇
Graham Smith	◇	◇	—	—	—	—	◇
General Dennis Via	◇	◇	—	—	—	—	◇
Elisa Steele	◇	◇	—	—	—	—	◇
Sara Baack	◇	◇	—	—	—	—	◇
Kenneth Hao	◇	◇	—	—	—	—	◇
Sri Viswanath	◇	—	—	—	—	—	◇

Gary Steele and Yamini Rangan 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.

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 symbol not shown
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.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2023	June 21, 2023	=	◇	◇	◇
2022	June 16, 2022	=	◇	◇	◇
2021	June 17, 2021	=	◇	◇	◇
2020	June 17, 2021	=	◇	◇	◇
2019	June 11, 2020	=	◇	◇	◇
2018	June 13, 2019	=	◇	◇	◇
2017	June 7, 2018	=	◇	◇	◇
2016	June 8, 2017	=	◇	◇	◇
2015	June 9, 2016	=	◇	◇	◇

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?”

- Gary Steele (President, Chief Executive Officer and Director), FY2023 total compensation $51,212,720 (base salary $729,863) [exec_comp, SEC accession 0001308179-23-000851, filed 2023-05-09]

See a complete sample report

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 — $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 — $500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $500

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.

Inquire about access

Multiple 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 Intelligence

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

229 figures on this page: 220 cited to the filing that reported them, 9 calculated from figures it prints.

220 cited to the filing

9 calculated from the filing

Documents cited

8-K, filed June 23, 2023
0001104659-23-074041
Proposal 3 : Advisory Vote to Approve Named Executive Officer Compensation For Against Abstain Broker Non-Votes
DEF 14A, filed May 9, 2023
0001308179-23-000851
CEO Pay Ratio · Compensation Discussion and Analysis · Grants of Plan-Based Awards for Fiscal 2023 · Non-Employee Director Compensation · and 2 more sections
8-K, filed June 17, 2022
0001104659-22-072453
DEF 14A, filed May 2, 2022
0001206774-22-001301
Summary Compensation Table
8-K, filed June 21, 2021
0001104659-21-083479
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed June 12, 2020
0001104659-20-072938
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed June 14, 2019
0001104659-19-035691
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed June 8, 2018
0001104659-18-039232
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed June 9, 2017
0001104659-17-038459
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed June 10, 2016
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, $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 $900.

Get the executive brief Get 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

Embed this data

A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.

The headline figures, each with its citation.

<iframe src="https://intel.velarion.ai/comp/SPLK/embed" width="560" height="480" style="border:1px solid #d8dee8;border-radius:10px" loading="lazy" title="Splunk executive compensation, from Velarion"></iframe>

Connect an AI assistant

Ask your own assistant about Splunk and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.

{
  "mcpServers": {
    "velarion": {
      "type": "http",
      "url": "https://api.velarion.ai/mcp"
    }
  }
}

Setup guide and the full list of questions it answers

Peers Splunk discloses

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

Akamai Technologies ANSYS Arista Networks Autodesk Block Electronic Arts Fortinet Intuit Okta Palo Alto Networks ServiceNow Veeva Systems Verisign VMWare Workday Zillow Group

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All 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}
}