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Phong Le

President & Chief Executive Officer at Strategy
Since August 2022
Age
48 years
Education
Earned a Bachelor of Science (B.S.) in Biomedical and Chemical Engineering from The Johns Hopkins University and a Master of Business Administration (M.B.A.) from the Sloan School of Management at the Massachusetts Institute of Technology (MIT).
Tenure
Joined MSTR in August 2015 and advanced through a series of leadership roles—from Senior Executive Vice President, CFO, and Treasurer, to COO, then President, and ultimately became President & CEO in August 2022.

Also at Strategy

AK
Andrew Kang
Senior Executive Vice President & CFO
JM
Jeanine Montgomery
Vice President & Chief Accounting Officer
WMS
W. Ming Shao
Executive Vice President & General Counsel

About

Phong Le is 48 years old as of April 2025. He holds a Bachelor of Science (B.S.) in Biomedical and Chemical Engineering from The Johns Hopkins University and a Master of Business Administration (M.B.A.) from the Sloan School of Management at the Massachusetts Institute of Technology (MIT).

He began his tenure at MSTR in August 2015, initially serving as Senior Executive Vice President, Chief Financial Officer & Treasurer. Over the years, his role evolved as he took on additional responsibilities such as Chief Operating Officer and President before becoming the President & Chief Executive Officer in August 2022.

Throughout his career, his progression from financial management to executive leadership highlights a strong background in both strategy and operations. His diverse experience is bolstered by prior roles at Deloitte, NII Holdings, and XO Communications, demonstrating a blend of consulting, telecommunications, and financial expertise.

$MSTR Performance Under Phong Le

Past Roles

OrganizationRoleDate RangeDetails
MicroStrategyPresidentMay 2022 - August 2022
MicroStrategyPresident & Chief Financial OfficerJuly 2020 - May 2022
MicroStrategySenior Executive Vice President, Chief Operating Officer & Chief Financial OfficerApril 2020 - July 2020
MicroStrategySenior Executive Vice President & Chief Operating OfficerNovember 2019 - April 2020
MicroStrategySenior Executive Vice President, Chief Operating Officer, Chief Financial Officer & TreasurerJune 2018 - November 2019
MicroStrategySenior Executive Vice President, Chief Financial Officer & TreasurerAugust 2015 - June 2018
XO CommunicationsChief Financial OfficerAugust 2014 - August 2015
NII HoldingsSenior Roles (VP of Financial Planning and Analysis, VP of Strategy and Business Operations, VP of Strategic Finance)March 2010 - August 2014
DeloitteSenior Manager1998 - 2010

Fixed Compensation

Data from  FY 2024
Component NameAmount ($)Payment ScheduleAdditional Details
Base Salary1,000,000 AnnualFixed annual salary
RSU Stock Awards (RSUs only)4,682,721 Vesting: 25% on each anniversary starting 1 year from grant date29,280 RSUs granted on March 21, 2024
Option Awards2,978,845 Vesting: 25% on each anniversary26,730 options at an exercise price of $159.929 per share
Other Compensation472,805 AnnualIncludes perquisites, 401(k) Plan match, group term life insurance, and tax gross-ups

Performance Compensation

Data from  FY 2024

Cash Bonus

MetricValueDetails
Annual Bonus Target800,000 Set for performance in 2024
Achievement Percentage110% Bitcoin Strategy achieved 150%, Software Business achieved 70% (weighted average 110%)
Actual Payout880,000 Based on performance evaluation
Evaluation Period2024Bonus determined on February 17, 2025

PSU Stock Awards

MetricValueDetails
Target Number of PSUs18,630 Granted on March 21, 2024
Grant Date Fair Value$5,721,778 Determined at grant date
Grant Date Stock Price$159.929 As of grant date
Performance MetricTotal Shareholder Return (TSR) vs Nasdaq Composite Measured over a three-year period (March 21, 2024 to March 20, 2027)
Thresholds>=75th Percentile: 200%, 50th Percentile: 100%, 25th Percentile: 50%, <25th Percentile: 0% Payout factor is linearly interpolated between thresholds
Vesting Schedule3-year cliff vesting Vests in full at end of performance period, subject to continued service and certification of TSR performance