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Viavi Solutions Executive Compensation (FY25)

VIAV · Chandler, AZ · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): November 18, 2025
220 figures on this page: 211 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Oleg Khaykin was paid $10,595,839 in total compensation as President and Chief Executive Officer for fiscal 2025, and compared with the $8,327,769 reported for fiscal 2024, Khaykin's total was 27.2% higher. Separately, for fiscal 2025, the company reported a chief executive pay ratio of 106:1, against median employee compensation of $100,318. Meanwhile, the say-on-pay proposal drew 93.8% support at the meeting held November 13, 2025 for fiscal 2025. Companies named in the disclosed peer group include 3D Systems Corporation, Ciena Corporation, Cirrus Logic, Inc., Coherent and Commvault Systems, Inc., among others.
Chief executive, fiscal 2025
◇
Oleg Khaykin
Latest say-on-pay support
=
November 13, 2025
Chief executive pay ratio
◇
To the median employee
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 — Oleg Khaykin: $8,327,769 → $10,595,839 (27.2% higher)
CEO pay ratio: 94:1 → 106:1 (12.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Viavi Solutions' chief executive and what were they paid?
Oleg Khaykin was paid $10,595,839 in total compensation as President and Chief Executive Officer for fiscal 2025. Compared with the $8,327,769 reported for fiscal 2024, Khaykin's total was 27.2% higher.
What was Viavi Solutions' say-on-pay result?
The say-on-pay proposal drew 93.8% support at the meeting held November 13, 2025 for fiscal 2025.
Which companies are in Viavi Solutions' peer group?
Companies named in the disclosed peer group include 3D Systems Corporation, Ciena Corporation, Cirrus Logic, Inc., Coherent and Commvault Systems, Inc., among others.
What is Viavi Solutions' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 106:1, against median employee compensation of $100,318.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Oleg Khaykin
President and Chief Executive Officer
◇—◇———◇◇
Henk Derksen
Executive Vice President and Chief Financial Officer
◇—◇————◇
Gary Staley
Senior Vice President, Global Sales, Network and Service Enablement
◇—◇—◇—◇◇
Luke Scrivanich
Senior Vice President and General Manager, Optical Security & Performance Products
◇—◇—◇—◇◇
Paul McNab
Executive Vice President and Chief Marketing and Strategy Officer
◇—◇————◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Oleg Khaykin
President and Chief Executive Officer
◇—◇———◇◇
Ilan Daskal
Executive Vice President and Chief Financial Officer
◇◇◇———◇◇
Gary Staley
Senior Vice President, Global Sales, Network and Service Enablement
◇—◇———◇◇
Paul McNab
Executive Vice President and Chief Marketing and Strategy Officer
◇—◇———◇◇
Luke Scrivanich
Senior Vice President and General Manager, Optical Security & Performance Products
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Oleg Khaykin
President and Chief Executive Officer
◇—◇—◇—◇◇
Ilan Daskal
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Gary Staley
Senior Vice President, Global Sales, Network and Service Enablement
◇—◇—◇—◇◇
Luke Scrivanich
Senior Vice President and General Manager, Optical Security & Performance Products
◇—◇—◇—◇◇
Paul McNab
Executive Vice President and Chief Marketing and Strategy Officer
◇—◇—◇——◇
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
Gary StaleyPSU◇—◇—— withheld—◇
Gary StaleyPSU◇—◇—◇—◇
Ilan DaskalPSU◇—◇—◇—◇
Ilan DaskalPSU◇—◇—— withheld—◇
Luke ScrivanichPSU◇—◇—— withheld—◇
Luke ScrivanichPSU◇—◇—◇—◇
Oleg KhaykinPSU◇—◇—— withheld—◇
Oleg KhaykinPSU◇—◇—◇—◇
Paul McNabPSU◇—◇—◇—◇
Paul McNabPSU◇—◇—— withheld—◇
Fiscal 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
Paul McNabRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Luke ScrivanichRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Ilan DaskalRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Oleg KhaykinRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Gary StaleyRSU◇◇——
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.
Luke Scrivanich
Senior Vice President and General Manager, Optical Security & Performance Products · Terms as described in the company’s compensation discussion · citing a 2025 filing
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard E. Belluzzo
Board chair
◇◇————◇
Keith Barnes
◇◇————◇
Donald Colvin
◇◇————◇
Laura Black
◇◇————◇
Douglas Gilstrap
◇◇————◇
Joanne Solomon
◇◇————◇
Masood A. Jabbar
◇◇————◇
Tor Braham
◇—————◇
Richard John Burns, Oleg Khaykin and Eugenia M. Corrales 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◇
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: 3x annual cash retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • 3D Systems Corporation DDD
  • Ciena Corporation CIEN
  • Cirrus Logic, Inc. CRUS
  • Coherent COHR
  • Commvault Systems, Inc. CVLT
  • Extreme Networks, Inc. EXTR
  • F5, Inc. FFIV
  • Infinera Corporation INFN
  • Knowles Corporation KN
  • Lumentum Holdings Inc. LITE
  • MKS Instruments, Inc. MKSI
  • NETGEAR, Inc. NTGR
  • NetScout Systems, Inc. NTCT
  • OSI Systems, Inc. OSIS
  • Silicon Laboratories Inc. SLAB
  • SunPower Corporation SPWR
  • Synaptics Incorporated SYNA
  • Ubiquiti Inc. UI
  • Viasat, Inc. VSAT
  • Wolfspeed, Inc. WOLF

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025November 13, 2025=◇◇◇
2024November 6, 2024=◇◇◇
2023November 8, 2023=◇◇◇
2022November 9, 2022=◇◇◇
2021November 10, 2021=◇◇◇
2020November 11, 2020=◇◇◇
2019November 13, 2019=◇◇◇
2018November 14, 2018=◇◇◇
2017November 15, 2017=◇◇◇

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 Viavi Solutions disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Viavi Solutions 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
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.
220 figures on this page: 211 cited to the filing that reported them, 9 calculated from figures it prints.
211 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001628280-25-052859
  2. 0001628280-25-043990
    CEO Pay Ratio · Compensation Discussion and Analysis · DIRECTOR COMPENSATION · FY25 Director Compensation Program · and 4 more sections
  3. 0000912093-24-000094
  4. 0000912093-24-000067
    Summary Compensation Table
  5. 0000912093-23-000061
  6. 0000912093-23-000046
    Summary Compensation Tables
  7. 0000912093-22-000072
  8. 0000912093-21-000154
  9. 0000912093-20-000112
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000912093-19-000072
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000912093-18-000066
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001628280-17-011778
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Viavi Solutions executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/VIAV (accessed 2026).
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Tech — Hardware rankings

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

Peers Viavi Solutions discloses

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

Ciena CorporationCirrus Logic, Inc.CoherentCommvault Systems, Inc.Lumentum Holdings Inc.NETGEAR, Inc.NetScout Systems, Inc.OSI Systems, Inc.Silicon Laboratories Inc.Synaptics IncorporatedUbiquiti Inc.Wolfspeed, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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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