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Tech — Software

Zscaler Executive Compensation (FY25)

ZS · San Jose, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): January 15, 2026
245 figures on this page: 239 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
Jay Chaudhry was paid $29,753 in total compensation as Chief Executive Officer and Chairman of the Board for fiscal 2025, and Chaudhry's total was up from the $25,162 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 0.2:1, against median employee compensation of $142,139. For fiscal 2025, shareholders backed the say-on-pay proposal with 93.2% of votes cast for or against in favor at the meeting held January 12, 2026. Companies named in the disclosed peer group include ANSYS, Arista Networks, Bill.com Holdings, Cloudflare and CrowdStrike Holdings, among others.
Chief executive, fiscal 2025
◇
Jay Chaudhry
Median of the other named officers
$24,817,159
5 officers, excluding the chief executive
Latest say-on-pay support
=
January 12, 2026
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 — Jay Chaudhry: $25,162 → $29,753
Say-on-pay support: 93.3% → 93.2% (0.1 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Zscaler's chief executive and what were they paid?
Jay Chaudhry was paid $29,753 in total compensation as Chief Executive Officer and Chairman of the Board for fiscal 2025. Chaudhry's total was up from the $25,162 reported for fiscal 2024.
What was Zscaler's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 93.2% of votes cast for or against in favor at the meeting held January 12, 2026.
Which companies are in Zscaler's peer group?
Companies named in the disclosed peer group include ANSYS, Arista Networks, Bill.com Holdings, Cloudflare and CrowdStrike Holdings, among others.
What is Zscaler's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 0.2:1, against median employee compensation of $142,139.

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
Dali Rajic
Chief Operating Officer
◇—◇—◇——◇
Jay Chaudhry
Chief Executive Officer and Chairman of the Board
◇—◇————◇
Amit Sinha
Former President
Departed during or after this year
◇—◇—◇——◇
Remo Canessa
Chief Financial Officer
◇—◇—◇——◇
Robert Schlossman
Chief Legal Officer and Secretary
◇—◇—◇——◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dali Rajic
Chief Operating Officer
◇—◇—◇——◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mike Rich
Chief Revenue Officer and President of Global Sales
◇◇◇◇◇—◇◇
Remo Canessa
Chief Financial Officer
◇—◇—◇—◇◇
Robert Schlossman
Chief Legal Officer and Secretary
◇—◇—◇—◇◇
Syam Nair
Chief Technology Officer
◇—◇—◇—◇◇
Jay Chaudhry
Chief Executive Officer and Chairman of the Board
◇—————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Rubin
Chief Financial Officer
◇—◇◇◇—◇◇
Adam Geller
Chief Product Officer
◇—◇◇◇——◇
Raj Judge
Executive Vice President of Corporate Strategy
◇—◇—◇——◇
Mike Rich
Chief Revenue Officer and President of Global Sales
◇—◇—◇——◇
Remo Canessa
Former Chief Financial Officer
Departed during or after this year
◇———◇—◇◇
Jay Chaudhry
Chief Executive Officer and Chairman of the Board
◇—————◇◇
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
Adam GellerRSU◇——◇——◇
Adam GellerRSU◇——◇——◇
Adam GellerOPTION◇——— withheld—◇◇
Adam GellerRSU◇——◇——◇
Adam GellerRSU◇——◇——◇
Kevin RubinRSU◇——◇——◇
Kevin RubinRSU◇——◇——◇
Kevin RubinRSU◇——◇——◇
Kevin RubinOPTION◇——— withheld—◇◇
Mike RichRSU◇——◇——◇
Mike RichRSU◇——◇——◇
Mike RichRSU◇——◇——◇
Mike RichRSU◇——◇——◇
Raj JudgeRSU◇——◇——◇
Raj JudgeRSU◇——◇——◇
Raj JudgeRSU◇——◇——◇
Raj JudgeRSU◇——◇——◇
Raj JudgeRSU◇——◇——◇
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
Mike RichRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇12/01/33
Remo CanessaRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jay ChaudhryRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Adam GellerRSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Kevin RubinRSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Raj JudgeRSU◇◇——
RSU◇◇——
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew Brown
◇◇————◇
Karen Blasing
◇◇————◇
Charles Giancarlo
◇◇————◇
Scott Darling
◇◇————◇
James Beer
◇◇————◇
Eileen Naughton
◇◇————◇
David Schneider
◇◇————◇
Raj Judge and Jay Chaudhry 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◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ANSYS ANSS
  • Arista Networks ANET
  • Bill.com Holdings BILL
  • Cloudflare NET
  • CrowdStrike Holdings CRWD
  • Datadog DDOG
  • DocuSign DOCU

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025January 12, 2026=◇◇◇
2024January 10, 2025=◇◇◇
2023January 5, 2024=◇◇◇
2022January 13, 2023=◇◇◇
2021January 5, 2022=◇◇◇
2020January 6, 2021=◇◇◇

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 Zscaler disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Zscaler 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.
245 figures on this page: 239 cited to the filing that reported them, 6 calculated from figures it prints.
239 cited to the filing
6 calculated from the filing

Documents cited

  1. 0001713683-26-000031
  2. 0001713683-25-000198
    CEO Pay Ratio · Director Compensation · Fiscal 2025 Grants of Plan-Based Awards Table · Fiscal 2025 Outstanding Equity Awards at Fiscal Year End Table · and 2 more sections
  3. 0001713683-25-000020
  4. 0001713683-24-000139
    Fiscal 2024 Summary Compensation Table
  5. 0001713683-24-000018
  6. 0001628280-23-039884
    Fiscal 2023 Summary Compensation Table
  7. 0001713683-23-000017
  8. 0001713683-22-000115
    Fiscal 2022 Summary Compensation Table
  9. 0001713683-22-000021
  10. 0001713683-21-000017
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Zscaler executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ZS (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Zscaler discloses

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

Bill.com HoldingsCloudflareCrowdStrike HoldingsDatadogDocuSign

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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