Sanjit Biswas

CEO and Chairman of the Board at Samsara Inc

Board

Since February 2015

Age

42 years

Education

Holds a B.S. in Computer Systems Engineering from Stanford University and an S.M. in Electrical Engineering and Computer Science from MIT.

Tenure

Joined in February 2015 as the Co-Founder, Chief Executive Officer, and Chairman of the Board at the company.

Also at Samsara Inc

John Bicket

CTO and Director

Adam Eltoukhy

EVP, Chief Legal Officer, and Secretary

Dominic Phillips

CFO

About

Sanjit Biswas is a seasoned executive with a strong technical foundation and extensive experience leading innovative technology companies. As of May 29, 2024, he is 42 years old and has demonstrated dynamic leadership in the Internet of Things sector.

Before assuming his current role, he built a notable career foundation by co-founding Meraki, where he served as CEO from April 2006 to December 2012. Following the acquisition of Meraki by Cisco Systems, he contributed as Vice President and General Manager from December 2012 to January 2015, gaining vital corporate expertise and market insight.

Since February 2015, he has been leading the company as both CEO and Chairman of the Board. His combined technical and managerial acumen has been pivotal in driving innovation, strategic growth, and fostering a culture of operational excellence within the organization.

$IOT Performance Under Sanjit Biswas

Past Roles

Organization	Role	Date Range	Details
Cisco Systems	Vice President and General Manager	December 2012 - January 2015	Held in a leadership role after Meraki was acquired
Meraki	CEO and Co-founder	April 2006 - December 2012	Co-founded the company and served as CEO

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$50,000	Annual	Fixed salary for services; no increase from FY 2023
All Other Compensation	$1,533	Annual	Other forms of compensation not classified under bonus, stock awards, or non-equity incentive

Performance Compensation

Data from FY 2024

Non-Equity Incentive Plan Compensation

Metric	Value	Details
Target Compensation	$50,000	100% of base salary
Actual Payout	$55,950	Represents 111.9% of target
Performance Metrics	ARR: 75%, FCF: 25%	Net New Annual Recurring Revenue weighted at 75% and Adjusted Free Cash Flow weighted at 25%
Threshold	85% Achievement	Minimum quarterly performance required for funding
Maximum Payout	150% at 115% Achievement	Payout scales linearly from 50% at 85% up to 150% at 115% achievement
Evaluation Period	Annual with quarterly reviews	Quarterly payouts capped at 100% for the first three quarters with a year-end true-up for annual performance

Pay Versus Performance Adjustments

Metric	Value	Details
Final CAP	$79,225,362	Adjusted compensation payment for FY 2024
Fair Value (End of Year Unvested Awards)	$27,281,157	Valuation of outstanding and unvested awards at fiscal year-end
Change in Fair Value (Prior Years Unvested Awards)	$25,654,145	Change from prior years’ fair value of unvested awards
Fair Value (At Vesting of FY 2024 Awards)	$8,501,594	Fair value at vesting for awards granted in FY 2024
Change in Fair Value (Prior Years Vesting Awards)	$17,680,422	Change in fair value at vesting from awards of prior years
Vesting Schedule	12 Quarterly Installments	RSUs vest over three years starting June 15, 2023, subject to continued service
Grant Date	March 1, 2023	Date of RSU grant; not applicable to non-equity incentive cash compensation but referenced for performance adjustments linked to stock awards