Ajay K. Puri

EVP, Worldwide Field Operations at NVIDIA Corp

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 Corp

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 Name	Amount	Payment Schedule	Additional Details
Base Salary	$950,000	Annual	Remained flat compared to Fiscal 2023
RSUs	$4,159,819 (representing 19,094 shares)	See RSU plan terms	Fixed equity award granted in Fiscal 2024

Performance Compensation

Data from FY 2024

Variable Cash

Metric	Threshold/Target	Payout %	Actual Payout	Evaluation Period	Vesting
Revenue	Threshold: $20.0B; Base: $26.0B; Stretch: $29.5B	20% (Threshold); 100% (Base); 200% (Stretch)	$1,300,000 (resulted in 200% payout)	1 Year	N/A (cash payout)

SY PSUs

Metric	Threshold	Base Plan	Stretch Plan	Share Vesting %	Vesting Schedule	Grant Details
Non-GAAP Operating Income	$4.6B	$9.4B	$11.9B	20% (Threshold); 100% (Base); 200% (Stretch)	Service-based vesting over 4 years	Target 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

Metric	Performance Goals	Shares Eligible	Evaluation Period	Vesting Schedule	Grant Details
Total Shareholder Return (TSR) vs. S&P 500	Threshold: 25th percentile; Base: 50th percentile; Stretch: 75th percentile	Threshold: 596 shares; Base: 2,386 shares; Stretch: 4,772 shares	3 Years (Fiscal 2024 to Fiscal 2026)	Determined after performance period	Grant Date: March 10, 2023; Fair Value: $932,711; Approval Date: March 2, 2023; Stock Price: Not provided