Andrew W. Houston

CEO, Co-Founder, Chair at DROPBOX

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

BEV

Bart E. Volkmer

Chief Legal Officer

Eric Cox

Chief Customer Officer

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 Director	N/A	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$625,000	Annual	Fixed annual base salary
All Other Compensation	$429,577	Annual	Includes security programs expenses of $423,577

Performance Compensation

Data from FY 2023

Performance Compensation Components

Performance Metrics

Metric [Unit]	Weight	Threshold	Target	Maximum	Actual Performance	Funding %
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

Detail	Value
Target Annual Cash Bonus	100% of Base Salary: $625,000
Actual Bonus Paid	$485,000 (77.6% of target)
Evaluation Period	Fiscal Year 2023
Determination Date	March 2024
Vesting Schedule	Not applicable (Cash bonus; no vesting or grant date)
Performance Evaluation	Based on corporate metrics and individual evaluation by the Talent and Compensation Committee
Additional Conditions	10% 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.