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Ajay K. Puri

EVP, Worldwide Field Operations at NVIDIA
Since 2009
Age
70 years
Education
Holds a B.S.E.E. from the University of Minnesota, an M.S.E.E. from the California Institute of Technology, and an MBA from Harvard Business School.
Tenure
Joined NVIDIA on April 12, 2005 as Senior Vice President, Worldwide Sales and was promoted to Executive Vice President, Worldwide Field Operations in 2009.

Also at NVIDIA

About

Ajay K. Puri is an experienced executive with extensive expertise in global sales and field operations. He began his career at NVIDIA on April 12, 2005 as Senior Vice President, Worldwide Sales and was promoted to Executive Vice President, Worldwide Field Operations in 2009.

Before joining NVIDIA, he built a strong career spanning 22 years at Sun Microsystems, Inc. and held key roles in marketing, management consulting, and product development at Hewlett-Packard, Booz Allen Hamilton, and Texas Instruments.

His academic background includes a B.S.E.E. from the University of Minnesota, an M.S.E.E. from the California Institute of Technology, and an MBA from Harvard Business School, all of which have bolstered his strategic approach in leadership.

Throughout his tenure at NVIDIA, his leadership has been pivotal in expanding the company’s market reach and strengthening its global sales operations, reflecting a well-rounded blend of technical, managerial, and strategic skills.

Past Roles

Organization [source]Role [source]Date Range [source]Details [source]
NVIDIA Senior Vice President, Worldwide Sales 2005-2009 Held this role before promotion to EVP, Worldwide Field Operations
Sun Microsystems, Inc. Various roles in sales, marketing, and general management 22-year career Held multiple positions across sales, marketing, and general management
Hewlett-Packard Roles in marketing, management consulting, and product development N/A Contributed in several functional areas
Booz Allen Hamilton Inc. Roles in management and technology consulting N/A Engaged in consulting roles
Texas Instruments Incorporated Positions in product development N/A Held various positions

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary $950,000AnnualRemained flat compared to Fiscal 2023
RSUs $4,159,819 (representing 19,094 shares)See RSU plan termsFixed equity award granted in Fiscal 2024

Performance Compensation

Data from  FY 2024

Variable Cash

MetricThreshold/TargetPayout %Actual PayoutEvaluation PeriodVesting
RevenueThreshold: $20.0B; Base: $26.0B; Stretch: $29.5B20% (Threshold); 100% (Base); 200% (Stretch)$1,300,000 (resulted in 200% payout)1 YearN/A (cash payout)

SY PSUs

MetricThresholdBase PlanStretch PlanShare Vesting %Vesting ScheduleGrant Details
Non-GAAP Operating Income$4.6B$9.4B$11.9B20% (Threshold); 100% (Base); 200% (Stretch)Service-based vesting over 4 yearsTarget Opportunity: 26,255 shares; Threshold: 5,251 shares; Maximum: 65,637 shares; Fair Value: $6,013,970; Grant Date: March 10, 2023

Additional SY PSU Component (for Non-GAAP Gross Margin)

  • Gross Margin Metric: Threshold at 66.5% and cap at 68.5% determines additional awards linearly up to 50% of the target opportunity.

MY PSUs

MetricPerformance GoalsShares EligibleEvaluation PeriodVesting ScheduleGrant Details
Total Shareholder Return (TSR) vs. S&P 500Threshold: 25th percentile; Base: 50th percentile; Stretch: 75th percentileThreshold: 596 shares; Base: 2,386 shares; Stretch: 4,772 shares3 Years (Fiscal 2024 to Fiscal 2026)Determined after performance periodGrant Date: March 10, 2023; Fair Value: $932,711; Approval Date: March 2, 2023; Stock Price: Not provided