Mohsin Hussain
About Mohsin Hussain
Mohsin Hussain is Chief Technology Officer and Executive Vice President of Engineering at LiveRamp, serving in this role since 2021. He brings 28+ years of engineering leadership across SaaS, large-scale distributed systems, AI/ML, data science, analytics, and cloud; prior roles include SVP and VP of Engineering at Criteo, with earlier leadership positions at AOL/Netscape, Siebel Systems, and SunPower. Hussain holds a B.S. in Computer Science from UC Berkeley and is named on 18 issued patents; he has also served on the Google Cloud CIO/CTO Customer Advisory Board since 2021. Age: 52 (FY2025) . Company performance alignment highlights include FY2023 annual incentive attainment at 54.6% on $597M Adjusted Revenue and $74M Non-GAAP EBIT , FY2024 attainment capped at 160% on $658M Adjusted Revenue and $139M Non-GAAP EBIT , and FY2025 attainment at 109.4% with certified FY2023 PSU achievement at 78.3% of target (Rule of 40 + relative TSR) .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| LiveRamp | CTO & EVP Engineering | Since 2021 | Leads platform, AI/ML, and large-scale data collaboration engineering |
| Criteo | SVP Engineering | 2 years | Built U.S. engineering; drove new product launches; integrated Hooklogic R&D into Retail Media Platform |
| Criteo | VP Engineering | >2 years | Scaled engineering org and product delivery |
| AOL/Netscape (now Yahoo) | Various leadership roles | Earlier career | Engineering leadership in internet-scale software |
| Siebel Systems (now Oracle) | Various leadership roles | Earlier career | Enterprise software engineering leadership |
| SunPower | Various leadership roles | Earlier career | Technology leadership in energy sector |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Google Cloud CIO/CTO Customer Advisory Board | Member | Since 2021 | Strategic advisory to Google Cloud leadership |
Fixed Compensation
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Base Salary ($) | $425,000 | $425,000 | $429,167 |
| Target Bonus (% of Base) | 65% | — | 75% |
| Target Bonus ($) | $276,250 | — | $322,500 |
Performance Compensation
Annual Cash Incentive Plan (CIP) — Structure and Results
| Item | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Metrics & Weighting | Adjusted Revenue 60%; Non-GAAP EBIT 40% | Adjusted Revenue 50%; Non-GAAP EBIT 50% | Adjusted Revenue 50%; Non-GAAP EBIT 50% |
| Targets | Revenue: $630M; Non-GAAP EBIT: $63M | Revenue: $620M; Non-GAAP EBIT: $114M | Revenue: $721M; Non-GAAP EBIT: $148M |
| Actuals | Revenue: $597M; Non-GAAP EBIT: $74M | Revenue: $658M; Non-GAAP EBIT: $139M | Non-GAAP EBIT CIP metric: $164.1M; revenue cap rules applied |
| Formulaic Attainment | 54.6% | 185% (capped to 160%) | 109.4% capped achievement |
| Mohsin Actual Payment ($) | $150,833 | $535,000 | $355,000 |
| Mohsin Actual Payment (% of Target) | 54.6% | — (Talent & Compensation Committee approved payout at 160%; individual $25k add for leadership) | 110.1% (109.4% cap × 100.6% individual multiplier) |
Long-Term Incentives (RSUs and PSUs)
| Component | Design | FY2023 Grant (Hussain) | FY2024 Outcomes | FY2025 Grant (Hussain) |
|---|---|---|---|---|
| Time-based RSUs | 3-year vest; 1/3 at 1st anniversary; then quarterly | 26,693 RSUs (part of $1.6M target LTI) | Vested shares: 47,268; $1,147,490 value realized | 31,528 RSUs; grant date fair value $1,037,586 |
| PSUs — Rule of 40 | 70% weight; 3-year performance; payout 0–200%; quarterly evaluation in prior design; FY2025 uses 3-year average revenue growth + EBITDA margin scale (20/30/40%) | 26,693 PSUs (Rule of 40 + TSR) | FY2022 PSUs earned: Rule of 40 59.31%; TSR 50.78% (38th percentile) | 31,528 PSUs; grant date fair value $1,139,355; payout 0–200% with negative TSR cap at 100% |
| PSUs — Relative TSR | 30% weight; vs. Russell 2000; 0–200%; cap at 100% if TSR negative | Included above | FY2022 TSR PSUs earned 50.78% | Included above |
| FY2023 PSU Achievement | — | — | Certified cumulative achievement at 78.3% of target for FY2023 PSU cycle (Apr 1, 2022–Mar 31, 2025) | — |
Equity Ownership & Alignment
| Metric | FY2022 | FY2023 | FY2025 |
|---|---|---|---|
| Shares Beneficially Owned | 135,838 | 129,756 | 79,616 |
| % of Class | * (less than 1%) | * | * |
| Insider Form 3 Initial Ownership | 95,947 (9/7/2021) | — | — |
| Shares Acquired on Vesting (#) | 17,031 | 47,268 | 41,015 |
| Value Realized on Vesting ($) | $840,618 | $1,147,490 | $1,258,732 |
| Stock Ownership Guideline | 1x annual base salary for NEOs | 1x annual base salary | 1x annual base salary; compliance or <5 years in role as of 3/31/2025 |
| Hedging/Pledging Policy | Hedging and pledging prohibited for executives and Board | Prohibited; spouses/dependents included | Prohibited; applies household-wide |
| SERP Contributions ($) | $99,786; balance $114,124 | $215,938; balance $323,707 | $177,694; earnings $42,067; balance $657,515 |
Employment Terms
| Provision | Details |
|---|---|
| Coverage | Hussain is covered by LiveRamp’s Executive Severance Policy (Section 16 officers without individual employment agreements) |
| Change-in-Control Structure | Double-trigger required (CIC + qualifying termination); no excise tax gross-ups |
| Clawback | NYSE-compliant clawback covering 3 fiscal years; enhanced recovery for intentional misconduct by SVP+ |
| Hedging/Pledging & Short Sales | Prohibited for executives, Board, and household members |
| Potential Payments (FY2023 illustrative) | Termination without cause (severance $789,063; CIP $150,833; RSUs $0 acceleration; PSUs $291,592; total $1,231,487). CIC with termination (severance $1,183,594; RSUs $1,739,312; PSUs $956,499; total $4,030,237). Figures as of 3/31/2023 . |
Compensation Structure (Multi-Year)
| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary ($) | $425,000 | $425,000 | $429,167 |
| Stock Awards ($) | $1,250,514 | $1,888,258 | $2,176,941 |
| Non-Equity Incentive Comp ($) | $150,833 | $535,000 | $355,000 |
| Change in Pension/Deferred Earnings ($) | — | $92,528 | $16,747 |
| All Other Comp ($) | $18,833 | $19,481 | $66,669 (incl. $19,505 401k match; $25,212 perqs; $21,953 gross-ups) |
| Total ($) | $1,845,180 | $2,960,267 | $3,044,525 |
Grants of Plan-Based Awards (FY2025, Grant Date 5/15/2024)
| Item | Threshold | Target | Maximum | Grant Date Fair Value ($) |
|---|---|---|---|---|
| Equity Incentive PSUs (#) | 15,764 | 31,528 | 63,056 | $1,139,355 |
| Time-based RSUs (#) | — | 31,528 | — | $1,037,586 |
| Non-Equity Incentive (CIP) ($) | $80,625 | $322,500 | $645,000 | — |
Compensation Peer Group (Benchmarking Context)
LiveRamp’s FY2025 compensation peer group includes Alteryx, AppFolio, BlackLine, Box, Digital Turbine, Everbridge, EverCommerce, Five9, Guidewire, PagerDuty, Q2 Holdings, Rapid7, Qualys, Smartsheet, Workiva, Yext, Zeta Global, Zuora. Selection criteria: revenue ~$300M–$1.5B; market cap ~$0.6B–$6.1B; SaaS/B2B; application/internet/software .
Investment Implications
- Pay-for-performance alignment: Hussain’s incentives are tied to revenue growth and profitability (CIP: Adjusted Revenue and Non-GAAP EBIT), and long-term equity driven by Rule of 40 and relative TSR. Recent outcomes show disciplined payouts (FY2023: 54.6%; FY2024 capped to 160%; FY2025 109.4%), with FY2023 PSU cycle certified at 78.3% of target, indicating balanced calibration of performance risk and reward .
- Retention and selling pressure: RSU grants vest over three years with quarterly vesting thereafter; Hussain realized value on vesting in FY2023 ($1.15M) and FY2025 ($1.26M), and PSUs depend on multi-year metrics—this structure supports retention but can introduce periodic supply as awards settle .
- Alignment and governance quality: Ownership guidelines (1x salary) and prohibitions on hedging/pledging reduce misalignment risk; participation in SERP is modest and clawback policy is robust; severance governed by double-trigger terms without tax gross-ups .
- Execution track record: Technical leadership in AI/ML and large-scale systems, plus prior build-outs and integrations at Criteo, reinforce capability to deliver product roadmap central to LiveRamp’s Rule-of-40 and TSR-linked incentives .