Srini Tallapragada
GoDaddyAbout Srinivas (Srini) Tallapragada
Srini Tallapragada, age 55, has served on GoDaddy’s Board since 2023 and is currently President and Chief Engineering Officer at Salesforce, where he leads product and platform engineering as well as cybersecurity and governance, risk and compliance functions . He is an independent director per NYSE and SEC standards and serves on GoDaddy’s Nominating and Governance Committee . The Board held 5 meetings in 2024; each director attended at least 75% of Board and relevant committee meetings, and all directors attended the 2024 annual meeting .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Salesforce, Inc. | President & Chief Engineering Officer | Dec 2019 – Present | Leads product/platform innovation; oversees cybersecurity and GRC functions |
| Salesforce, Inc. | President; EVP/SVP | May 2012 – Dec 2019 | Senior engineering leadership across platforms |
| Oracle Corporation | SVP, Engineering | Apr 2011 – May 2012 | Senior engineering management |
| SAP Labs Inc. | SVP | Feb 2009 – Apr 2011 | Engineering leadership |
| Oracle Corporation | VP & Sr. Director, Applications Development | 2001 – 2009 | Engineering roles |
| Oracle Corporation | Director, Engineering/CRM | 2000 – 2001 | Engineering management |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Avalara, Inc. (private) | Director (former) | Jul 2021 – Oct 2022 | Prior private board service; no current public company directorships disclosed |
Board Governance
- Committee assignments: Nominating & Governance Committee (members: Chair Leah Sweet, Caroline Donahue, Srini Tallapragada); 4 meetings in 2024; scope includes board composition, director nominations, corporate governance guidelines, ESG oversight, and Board/committee evaluations .
- Independence: Determined independent by the Board (NYSC/SEC standards) .
- Attendance: Board met 5 times in 2024; each director attended ≥75% of Board and committee meetings; all directors attended 2024 annual meeting .
- Structure and policies: Independent Board Chair, declassified Board with annual elections, majority vote standard with resignation policy; robust self-evaluation; formalized committee oversight for sustainability, human capital, and cybersecurity .
Fixed Compensation
| Component | Structure/Amount | Vesting/Timing | Source |
|---|---|---|---|
| Board member cash retainer | $50,000 per year | Paid during service | |
| Governance Committee member fee | $6,000 per year | Paid during service | |
| Chair fees (context) | Board Chair: $50,000; Governance Chair: $12,000 | Paid during service | |
| Meeting fees | None; travel expenses reimbursed | n/a | |
| Annual RSU grant (standard) | $255,000 grant-date value for Eligible Directors | 100% vest day before next annual meeting | |
| 2024 RSU grant (Srini) | 1,945 RSUs; grant-date fair value $269,694 | 100% vest on June 3, 2025 | |
| 2024 cash fees (Srini) | $56,000 | 2024 earned | |
| Annual director comp cap | $1.0 million (cash + equity) | Calendar year cap |
Performance Compensation
- Directors do not receive performance-based equity; non-employee director equity compensation is time-based RSUs that vest prior to the next annual meeting .
- Anti-hedging and anti-pledging: Directors are prohibited from hedging or pledging company stock; no margin accounts or use as collateral permitted .
- Clawback policies apply to incentive compensation for Section 16 officers; director equity is not performance-based .
Other Directorships & Interlocks
| Person | Current Public Boards | Notable Prior/Other | Potential Interlock/Network |
|---|---|---|---|
| Srini Tallapragada | None disclosed | Former director at Avalara (private) | Salesforce executive role alongside GoDaddy director Graham Smith (former Salesforce CFO); no related-party transactions reported |
- Related-Party Transactions: None since January 1, 2024; Audit Committee oversees related-party review per policy; no transactions involving Srini disclosed .
- Board service limits: Directors limited to 4 public boards (including GoDaddy); public company CEOs limited to 2; Audit Committee members limited to 3 audit committees unless Board approves .
Expertise & Qualifications
- Deep technology and emerging technology experience; leadership of cybersecurity and GRC at Salesforce .
- Strategic planning and scaling complex platforms; product and platform innovation oversight relevant to GoDaddy’s AI and platform initiatives .
Equity Ownership
| Holder | Beneficial Shares | % of Outstanding | Notes |
|---|---|---|---|
| Srini Tallapragada | 3,116 | <1% | As of March 31, 2025; 142,435,493 shares outstanding |
| RSUs outstanding (12/31/2024) | 1,945 | — | Annual director RSUs scheduled to vest June 3, 2025 |
| Ownership guidelines | 5× annual cash retainer | — | All non-employee directors are in compliance or on track |
| Hedging/Pledging | Prohibited | — | Insider Trading Policy; anti-hedge/pledge |
Governance Assessment
- Board effectiveness and engagement: Independent director; active Governance Committee role (board refreshment, ESG oversight, evaluation); Board declassified and majority vote + resignation policy increases accountability .
- Independence and attendance: Independent status confirmed; attendance at least 75%; policy-driven oversight across risk topics including AI and cybersecurity .
- Ownership alignment: Time-based RSUs with annual vesting; equity ownership guideline at 5x cash retainer; anti-hedging/pledging policy reduces misalignment risk .
- Conflicts/related-party risk: Employed by Salesforce; another director has Salesforce history, but the company reports no related-party transactions since 1/1/2024; Audit Committee oversight in place .
- Director compensation mix: Balanced cash + time-based equity; standard grants increased to $255k in 2024 to align with market; individual 2024 comp $325,694 (cash $56,000; stock $269,694) .
RED FLAGS: None disclosed regarding related-party transactions, hedging/pledging, or attendance shortfalls; director compensation appears within policy caps and market-aligned; independence affirmed .