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    Andrew W. Houston

    CEO, Co-Founder, Chair at Dropbox Inc
    Board
    Since June 2007
    Age
    41 years
    Education
    Holds a Bachelor of Science (B.S.) in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology (MIT).
    Tenure
    Joined and co-founded Dropbox in June 2007, serving as the Chief Executive Officer, Co-Founder, and Chair since then.
    Other Roles
    Board Member at Meta Platforms, Inc.

    Also at Dropbox Inc

    BEV
    Bart E. Volkmer
    Chief Legal Officer
    EC
    Eric Cox
    Chief Customer Officer
    TR
    Timothy Regan
    Chief Financial Officer

    About

    Andrew W. Houston has played a pivotal role in redefining the cloud storage and content collaboration landscape. His technical prowess and entrepreneurial spirit, cultivated through his academic background at MIT, set the foundation for his success and innovation in the tech industry.

    Beyond his leadership at Dropbox, he has consistently demonstrated a commitment to strategic growth, influencing industry standards and innovation. His vision and operational expertise have not only guided Dropbox to global recognition but have also established him as a prominent figure in shaping modern digital solutions.

    Born in 1982 or 1983, his personal journey reflects a dedication to overcoming challenges and driving technological advancements. His involvement extends to roles on various boards, further emphasizing his impact on both corporate strategy and the broader technology ecosystem.

    $DBX Performance Under Andrew W. Houston

    External Roles

    Organization Role Date Range Details
    Meta Platforms, Inc.Board DirectorN/AN/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$625,000 AnnualFixed annual base salary
    All Other Compensation$429,577 AnnualIncludes security programs expenses of $423,577

    Performance Compensation

    Data from  FY 2023

    Performance Compensation Components

    Performance Metrics

    Metric [Unit]WeightThresholdTargetMaximumActual PerformanceFunding %
    Annual Revenue ($M)67%$2,506 (75%) $2,584 (100%) $2,662 (125%) $2,541 (98%) 99.1%
    Non-GAAP Operating Margin (%)33%28.0% (75%) 31.0% (100%) 34.0% (125%) 32.8% Exceeded

    Cash Bonus Details

    DetailValue
    Target Annual Cash Bonus100% of Base Salary: $625,000
    Actual Bonus Paid$485,000 (77.6% of target)
    Evaluation PeriodFiscal Year 2023
    Determination DateMarch 2024
    Vesting ScheduleNot applicable (Cash bonus; no vesting or grant date)
    Performance EvaluationBased on corporate metrics and individual evaluation by the Talent and Compensation Committee
    Additional Conditions10% reduction if stock-based compensation expense > $353M (Not triggered)

    Additional Notes

    • No equity-based performance compensation was provided in 2023 due to the cash bonus structure and past equity grants.