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    Rick McConnell

    Chief Executive Officer at Dynatrace Inc
    Board
    Since December 2021
    Age
    58 years
    Education
    Holds a B.A. in Quantitative Economics and an M.B.A. from Stanford University.
    Tenure
    Has been serving as Chief Executive Officer at DT since December 2021.

    Also at Dynatrace Inc

    BG
    Bernd Greifeneder
    Executive Vice President
    DZ
    Dan Zugelder
    Executive Vice President, Chief Revenue Officer
    JB
    James Benson
    Executive Vice President, Chief Financial Officer, and Treasurer

    About

    Rick McConnell is a seasoned executive with over 30 years of experience in leading technology companies and is currently 58 years old as of June 28, 2024.

    He began his career with significant roles at companies such as Cisco Systems Inc. and later at Akamai Technologies, where he held several leadership positions that contributed to his reputation in scaling multi-billion-dollar organizations and driving go-to-market strategies.

    Since joining DT in December 2021 as Chief Executive Officer, he has focused on delivering customer value and strategic growth, leveraging his extensive background and education from Stanford University.

    $DT Performance Under Rick McConnell

    Past Roles

    Organization Role Date Range Details
    Akamai Technologies President and General Manager of the Security Technology Group Feb 2011 - Dec 2021 N/A
    Akamai Technologies President and General Manager of Akamai's Web Division Feb 2011 - Dec 2021 N/A
    Akamai Technologies President, Products and Development Feb 2011 - Dec 2021 N/A
    Cisco Systems Inc. Various Senior Executive Roles, including President and CEO at Latitude Communications 2004 - 2011 Acquired role through Latitude Communications acquisition

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Salary$655,000 N/ABase salary for 2024
    Stock Awards$15,896,813 N/AAggregate grant date fair value of stock awards
    Non-Equity Incentive Plan Compensation$696,265 N/AAs per 2024 compensation package
    All Other Compensation$31,556 N/AIncludes Insurance Premium Contributions ($3,793 ), 401(k) Matching Contributions ($10,085 ), Telecommunications ($1,500 ), and Other Amounts ($16,178 )

    Performance Compensation

    Data from  FY 2024

    Performance-Based PSUs

    MetricThreshold PerformanceTarget PerformanceMaximum PerformanceActual PerformanceAchievement (%)Payout (%)Weight (%)
    Revenue$1,362,870,000 $1,434,600,000 $1,506,330,000 $1,430,234,957 99.7% 93.9% 50
    NGOI$332,436,600 $369,374,000 $406,311,400 $398,239,000 107.8% 178.2% 50

    Weighted Payout: 136.0%

    Vesting Schedule: The PSUs vest over three years with 33% vesting on the first anniversary of the grant date and the remaining vesting in equal quarterly installments over the following two years.

    Grant Details:

    • Grant Date: June 5, 2023
    • Grant Date Target Value: $14,000,000
    • Number of Shares at Target: 150,538
    • Grant Date Fair Value: $7,948,406
    • Fiscal Year-End Fair Value: $16,498,724

    ARR PSUs

    MetricThreshold PerformanceTarget PerformanceMaximum PerformanceActual AchievementAchievement (%)Payout (%)
    ARR$1,615,000,000 $1,700,000,000 $1,870,000,000 $1,539,700,000 90.6% 0%

    Conditions: ARR PSUs required the company to achieve at least 95% of the target ARR for vesting. As the actual achievement was below this threshold, no ARR PSUs vested.

    Grant Details:

    • Grant Date: December 2021 (as part of the sign-on equity package)

    These tables detail the performance compensation components for 2024, including performance metrics, targets, vesting schedules, and actual results leading to payouts.