Jayshree Ullal
Also at Arista Networks Inc
About
Jayshree Ullal has built a distinguished career in the technology industry, beginning with early roles in product and engineering at companies such as Ungermann-Bass, Advanced Micro Devices, Inc., and Fairchild Semiconductor. Her initial leadership role in marketing at Crescendo Communications, which later became part of Cisco Systems, laid the foundation for a legacy of technical expertise and strategic insight.
During her extensive tenure at Cisco Systems from September 1993 to May 2008, she advanced through various pivotal roles, culminating as Senior Vice President of the Data Center, Switching, and Services Group. This period not only refined her leadership skills but also prepared her for steering a rapidly evolving networking landscape.
Since joining ANET in October 2008, her leadership has been integral to the company's growth and innovation in the networking industry. In addition to her role as President and CEO, her appointment as Chairperson of the Board in December 2023 reflects her strategic vision and ability to guide the company at multiple levels. Beyond her responsibilities at ANET, her service on the Board of Directors at Snowflake Inc. further underscores her influence and commitment to advancements within the tech sector.
$ANET Performance Under Jayshree Ullal
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Cisco Systems, Inc. | Senior Vice President, Data Center, Switching, and Services Group | September 1993 – May 2008 | Held various positions culminating in SVP role |
| Crescendo Communications, Inc. | Vice President of Marketing | Not specified | Held this role at Cisco's first acquisition in 1993 |
| Ungermann-Bass | Various Product & Engineering Positions | Not specified | Held multiple roles in product and engineering |
| Advanced Micro Devices, Inc. (AMD) | Various Product & Engineering Positions | Not specified | Held multiple roles in product and engineering |
| Fairchild Semiconductor | Various Product & Engineering Positions | Not specified | Held multiple roles in product and engineering |
External Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Snowflake Inc. | Board of Directors Member | June 2020 – Present | Current external board position |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $300,000 | Annual | Fixed base salary for 2023 |
| All Other Compensation | $10,399 | As determined | Includes various benefits and perquisites; detailed breakdown not provided |
Performance Compensation
Performance-Based Restricted Stock Units (PRSUs)
Gross Margin PRSUs
| Metric | Detail |
|---|---|
| Performance Period | Jan 1, 2023 – Dec 31, 2024 |
| Metric | Non-GAAP Gross Margin |
| Weight | 100% |
| Performance Ranges | Minimum: 62.5% (50% payout), Target: 63.2% (100% payout), Maximum: 64.0% (200% payout) |
| Vesting Schedule | 50% vest on first quarterly vesting date after performance determination (expected Feb 20, 2025) and 50% on Feb 20, 2026 |
| Share Quantity | 19,080 units |
AOP PRSUs (Annual Operating Plan PRSUs)
| Metric | Detail |
|---|---|
| Performance Period | Jan 1, 2023 – Dec 31, 2023 |
| Metrics | Revenue and Non-GAAP Operating Income |
| Revenue Performance | Minimum: $5.7B (50% payout), Target: $5.9B (100% payout), Maximum: $6.0B (200% payout), Actual: $5.86B |
| Non-GAAP Operating Income Performance | Minimum: $2.4B (50% payout), Target: $2.479B (100% payout), Maximum: $2.6B (200% payout), Actual: $2.603B |
| Weight | 50% each for Revenue and Operating Income |
| Vesting Schedule | 25% vested on first quarterly vesting date; remaining vest in equal quarterly installments over 3 years |
| Share Quantity | 76,310 units |
Non-Equity Incentive Plan Compensation (Bonus Plan)
| Metric | Detail |
|---|---|
| Performance Metric | Revenue achievement (bonus not payable if below 85% of target) |
| Target Bonus | $300,000 |
| Actual Bonus | $200,000 |
| Additional Details | Bonus contingent on both financial and non-financial objectives, including performance measures such as gross margin, operating margin, and growth |