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Sandeep Sahai

Chief Executive Officer at Clearwater Analytics Holdings
Board
Since July 2018
Age
61 years
Education
Holds an engineering degree from the Indian Institute of Technology, Varanasi and an MBA from the Indian Institute of Management, Kolkata.
Tenure
Joined CWAN in September 2016 as a Director and was promoted to Chief Executive Officer in July 2018.

Also at Clearwater Analytics Holdings

JC
Jim Cox
Chief Financial Officer

About

He has built a distinguished career marked by key leadership roles in technology and financial services, notably serving in executive positions at companies such as Headstrong, Genpact, and Solmark.

At CWAN, his dynamic leadership helped transform the company from a single-office operation into a global enterprise with multiple offices and operating centers, underlining his strategic and operational expertise.

His extensive experience in mergers and acquisitions, capital markets, and IT solutions has not only driven business growth but also shaped a reputation for innovation and excellence in the industry.

$CWAN Performance Under Sandeep Sahai

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$653,400 AnnualFixed base salary for 2023
401(k) Contribution$13,200 AnnualEmployer 401(k) contribution
Other Personal Benefits$15,293 AnnualIncludes health insurance premiums

Performance Compensation

Data from  FY 2023

Equity Incentive Plan Awards

MetricValueUnit/Notes
Performance MetricAnnual revenue growth rate N/A
Threshold (PSUs)644,664 Shares
Target (PSUs)805,830 Shares
Maximum (PSUs)886,413 Shares
Vesting Schedule (PSUs)33.33% per year for 3 years Performance-based
Vesting Schedule (RSUs)25% per year for 4 years Time-based
Grant DateFeb 20, 2023 Date
Grant Date Fair Value (PSUs)$15,302,712 USD
Grant Date Fair Value (RSUs)$15,302,731 USD
Actual Performance Achievement21% revenue growth; 100% of PSUs earned N/A
Share Awards Granted805,830 PSUs and 805,831 RSUs Shares

Non-Equity Incentive Plan Awards

MetricValueUnit/Notes
Threshold$588,060 USD
Target$784,080 USD
Maximum$940,896 USD
Payment TypeCash-basedPaid after fiscal year-end; no vesting
Grant DateFeb 20, 2023 Date
Evaluation PeriodFiscal 2023Linked to executive scorecard metrics

Overall Performance Compensation Summary

MetricValueUnit/Notes
Total Compensation Actually Paid$34,028,283 USD; includes adjustments per FASB ASC Topic 718