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Companies Extreme Networks Inc

Extreme Networks (EXTR): executive pay, fiscal 2026

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CEO total pay$14,244,704CEO Edward Meyercord · source
Say-on-pay support94.49%Latest vote · source
CEO vs. named peers50th pct.Of 16 peer CEOs
CEO pay ratio116:1To the median employee · source

CEO pay, last three years

  • $14,963,262FY2024
  • $12,958,781FY2025
  • $14,244,704FY2026

CEO total pay was $14,244,704 in fiscal 2026, up from $12,958,781 in fiscal 2025.

FY2026: salary $840,000 · bonus $0 · stock awards $12,337,228 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Extreme Networks Inc in fiscal 2026?
As disclosed, Edward Meyercord (President, Chief Executive Officer, and Director) was the highest-paid executive at Extreme Networks Inc in fiscal 2026, with total compensation of $14,244,704.
How does Extreme Networks Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Edward Meyercord's total compensation ranked at the 50th percentile of Extreme Networks Inc's disclosed peer group.
What is Extreme Networks Inc's CEO-to-median employee pay ratio?
As disclosed, Extreme Networks Inc's CEO-to-median employee pay ratio was 116:1.
How did shareholders vote on Extreme Networks Inc's executive compensation?
As disclosed, 94.49% of shareholders supported Extreme Networks Inc's executive compensation in the latest say-on-pay vote.
How much does Extreme Networks Inc spend in total on board compensation for fiscal 2026?
As disclosed, Extreme Networks Inc reported total board compensation of $2,424,907 for fiscal 2026.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Edward Meyercord$840,000$0$12,337,228$0$1,050,504$0$16,972$14,244,704
President, Chief Executive Officer, and Director
Kevin Rhodes500,00004,520,1020408,851010,5005,439,453
EVP, Chief Financial Officer and Treasurer
Katayoun Motiey485,00002,339,7980326,599014,3593,165,756
EVP, Chief Legal, Administrative & Sustainability Officer and Corporate Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY2025→2026
Edward Meyercord$14,244,704$12,958,781$14,963,262↑ +1,285,923
Kevin Rhodes5,439,4534,669,301583,938↑ +770,152
Katayoun Motiey3,165,7562,963,9632,748,270↑ +201,793

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Company's guiding principle is to align compensation with the creation of stockholder value while achieving strategic objectives and financial goals. The program seeks to provide a competitive total compensation package that attracts and retains high-quality candidates, motivates individual and team performance, and aligns executive interests with stockholders by linking variable compensation directly to Company performance and stock price.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantCompensia, Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Katayoun MotieyPSU2025-08-1513,94555,780—83,670$1,239,816
Kevin RhodesRSU2025-08-15——107,758—2,124,988
Edward MeyercordPSU2025-08-1573,529294,117—441,1756,537,241
Katayoun MotieyRSU2025-08-15——55,780—1,099,982
Edward MeyercordRSU2025-08-15——294,117—5,799,987
Kevin RhodesPSU2025-08-1526,939107,758—161,6372,395,114

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Katayoun Motiey$1,099,982$1,239,816$053.0%
Kevin Rhodes2,124,9882,395,114053.0%
Edward Meyercord5,799,9876,537,241053.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Katayoun MotieyRSU2,605—$84,324
Katayoun MotieyPSU7,810—252,810
Edward MeyercordRSU11,721—379,409
Katayoun MotieyRSU28,054—908,108
Edward MeyercordPSU35,145—1,137,644
Kevin RhodesRSU49,094—1,589,173
Katayoun MotieyRSU55,780—1,805,599
Katayoun MotieyPSU78,510—2,541,369
Katayoun MotieyPSU83,670—2,708,398
Kevin RhodesRSU107,758—3,488,126
Kevin RhodesPSU137,393—4,447,411
Edward MeyercordPSU140,581—4,550,607
Edward MeyercordRSU144,475—4,676,656
Kevin RhodesPSU161,637—5,232,190
Edward MeyercordRSU294,117—9,520,567
Edward MeyercordPSU404,329—13,088,130
Edward MeyercordPSU441,176—14,280,867
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John C. ShoemakerIndependent · Board Chair · Compensation Committee · Nom Gov Committee (Chair)$232,000$214,983———$446,983
Rajendra ("Raj") KhannaIndependent · Audit Committee (Chair) · Not standing for re-election140,000214,983———354,983
Kathleen M. HolmgrenIndependent · Audit Committee · Compensation Committee · Nom Gov Committee137,500214,983———352,483
Charles P. CarinalliIndependent · Compensation Committee (Chair) · Nom Gov Committee135,000214,983———349,983
Edward H. KennedyIndependent · Audit Committee · Compensation Committee132,500214,983———347,483
Ingrid J. BurtonIndependent · Nom Gov Committee115,000214,983———329,983
Ronald J. PasekIndependent · Audit Committee · Partial-year service · Newly elected58,610184,399———243,009
Edward B. MeyercordEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$110,000
Annual equity retainer$215,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 20,000 / 12,000
Stock ownership guideline$5

Total cost of the board

ComponentFY2026
Cash retainers and fees$950,610
Equity awards (grant-date value)$1,474,297
All other compensation$0
Total cost of the board$2,424,907

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Extreme Networks as a peer

Companies that benchmark against EXTR

22 companies name EXTR as a compensation peer

Each company listed discloses EXTR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named EXTR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2026

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

Of the companies Extreme Networks Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Extreme Networks Inc.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Okta2026Todd McKinnon$595,233$35,684,266$0$561,719$36,843,718
2Nutanix2026Rajiv Ramaswami800,00027,883,6130797,60029,485,213
3Dynatrace2026Rick McConnell695,00019,790,7640713,76521,234,453
4Commvault Systems2026Sanjay Mirchandani693,65418,046,78601,111,25019,909,500
5Five92025Michael Burkland585,00016,186,6380621,27017,403,709
6Teradata2025Stephen McMillan822,61614,031,47801,035,00016,062,525
7Qualys2025Sumedh Thakar616,16714,597,5650723,37715,947,158
8Lumentum2026Michael Hurlston900,00012,291,57702,179,71015,392,731
9Extreme Networks Inc2026Edward Meyercord840,00012,337,22801,050,50414,244,704
10Viavi Solutions2026Oleg Khaykin900,00010,103,34401,295,43712,305,351
11Calix2025Michael Weening560,00009,227,8291,023,34910,820,080
12Rapid72025Corey Thomas545,0009,195,5760315,00010,058,576
13SolarWinds2023Sudhakar Ramakrishna750,0006,772,65301,035,0008,570,853
14Harmonic2025Nimrod Ben-Natan609,0004,927,5620570,0006,163,092
15NetScout Systems2026Anil Singhal594,8251,346,2560999,9153,206,287
16DigitalOcean Holdings2025Padmanabhan Srinivasan600,00000588,0001,210,795
17Box2026Aaron Levie162,0000094,912257,076

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Extreme Networks Incnot disclosedPSU 50 · RSU 50Yes — TSR relative to the Russell 2000 IndexCompensia, Inc.
Box105.5%RSU 50 · PSU 50not disclosedCompensia
Calix108%Options 100NoCompensia
Commvault Systems127%RSU 40 · MSU 30 · PSU 30Yes — Relative TSRCompensia, Inc.
DigitalOcean Holdings98%PSU 65 · RSU 35NoCompensia
Dynatrace102.7%PSU 50 · RSU 50Yes — rTSR (relative Total Shareholder Return)Compensia, Inc.
Five9106%RSU 50 · PSU 50Yes — Relative Total Shareholder Return (RTSR) versus the companies of the S&P Software and Services Select IndexCompensia
Harmonicnot disclosedRSU 60 · MSU 20 · PSU 20Yes — TSR relative to Nasdaq Telecommunications IndexExequity
Lumentum186.3%RSU 50YesSemler Brossy
NetScout Systems174.7%RSU 60 · PSU 40Yes — Relative Total Shareholder Return (rTSR) vs. Russell 2000 Indexnot disclosed
Nutanix99.7%RSU 50 · PSU 50Yes — Relative TSR vs Nasdaq Composite IndexCompensia
Okta98.7%PSU 60 · RSU 40Yes — TSR relative to the TSR of the IndexCompensia
Qualysnot disclosednot disclosedNoCompensia, Inc.
Rapid750%RSU 50 · PSU 50NoCompensia
SolarWinds138%PSU 50 · RSU 50NoCompensia
Teradata100%not disclosedNoAon
Viavi Solutions115.1%MSU 50 · RSU 50Yes — TSR relative to the performance of companies in the Nasdaq Telecommunications IndexCompensia, Inc.

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-11-1297,922,2785,714,907566,20594.49%Passed
20242024-11-1494,883,8588,414,346472,58591.85%Passed
20232023-11-0892,686,4234,194,693300,47295.37%Passed
20222022-11-17102,844,3211,893,505613,07998.19%Passed
20212021-11-0489,375,6778,262,486665,26891.54%Passed
20202020-11-0581,863,5293,119,787689,21896.33%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20252025-11-1294.49%a
20242024-11-1491.85%b
20232023-11-0895.37%c

a. Approved under the standard stated in the filing — “Abstentions have no effect on the advisory vote to approve our named executive officers' compensation, the ratification of the appointment of Grant Thornton LLP as our independent auditors for the fiscal year ending June 30, 2026, or the approval of the amendment and restatement of our Amended and Restated 2013 Equity Incentive Plan.”.

b. Approved under the standard stated in the filing — “Abstentions have no effect on the advisory vote to approve our named executive officers' compensation, the ratification of the appointment of Grant Thornton LLP as our independent auditors for the fiscal year ending June 30, 2025, or the approval of the amendment and restatement of our 2013 Equity Incentive Plan.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as votes against the approval of the restatement of the Certificate of Incorporation to provide for officer exculpation.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)116 : 1
CEO total compensation$12,958,781
Median employee compensation$111,460
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2026 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Edward MeyercordDirector2026-10-01D50,000$22$1,088,585CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

Sources (57 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Edward Meyercord. DEF 14A, filed 2026-09-18. Section “Executive Compensation” · page 56. As printed: 14,244,704. View filing ↗
  • Section 01, Kevin Rhodes. DEF 14A, filed 2026-09-18. Section “Executive Compensation”. As printed: 5,439,453. View filing ↗
  • Section 01, Katayoun Motiey. DEF 14A, filed 2026-09-18. Section “Executive Compensation”. As printed: 3,165,756. View filing ↗
  • Section 03, Katayoun Motiey PSU. DEF 14A, filed 2026-09-18. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kevin Rhodes RSU. DEF 14A, filed 2026-09-18. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Edward Meyercord PSU. DEF 14A, filed 2026-09-18. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Katayoun Motiey RSU. DEF 14A, filed 2026-09-18. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Edward Meyercord RSU. DEF 14A, filed 2026-09-18. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kevin Rhodes PSU. DEF 14A, filed 2026-09-18. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2025-09-26. Section “CEO Pay Ratio”. As printed: 116 : 1. View filing ↗
  • Section 08, John C. Shoemaker. DEF 14A, filed 2026-09-18. Section “Director Compensation”. As printed: 446,983. View filing ↗
  • Section 08, Rajendra ("Raj") Khanna. DEF 14A, filed 2026-09-18. Section “Director Compensation”. As printed: 354,983. View filing ↗
  • Section 08, Kathleen M. Holmgren. DEF 14A, filed 2026-09-18. Section “Director Compensation”. As printed: 352,483. View filing ↗
  • Section 08, Charles P. Carinalli. DEF 14A, filed 2026-09-18. Section “Director Compensation”. As printed: 349,983. View filing ↗
  • Section 08, Edward H. Kennedy. DEF 14A, filed 2026-09-18. Section “Director Compensation”. As printed: 347,483. View filing ↗
  • Section 08, Ingrid J. Burton. DEF 14A, filed 2026-09-18. Section “Director Compensation”. As printed: 329,983. View filing ↗
  • Section 08, Ronald J. Pasek. DEF 14A, filed 2026-09-18. Section “Director Compensation”. As printed: 243,009. View filing ↗
  • Section 08, Edward B. Meyercord. DEF 14A, filed 2026-09-18. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, Edward Meyercord 2026-10-01. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-11-13. Item 5.07 · say-on-pay result. As reported: 94.49% (votes for as printed: 97,922,278). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-11-15. Item 5.07 · say-on-pay result. As reported: 91.85% (votes for as printed: 94,883,858). View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-11-09. Item 5.07 · say-on-pay result. As reported: 95.37% (votes for as printed: 92,686,423). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 950,610 + equity 1,474,297 + all other 0 = 2,424,907, summed across the director compensation table rows.
  • Okta, Section 10b CEO total. DEF 14A, filed 2026-05-07. CEO total compensation as printed in Okta's own proxy. As printed: 36,843,718. View filing ↗
  • Nutanix, Section 10b CEO total. DEF 14A, filed 2026-10-20. CEO total compensation as printed in Nutanix's own proxy. As printed: 29,485,213. View filing ↗
  • Dynatrace, Section 10b CEO total. DEF 14A, filed 2026-07-10. CEO total compensation as printed in Dynatrace's own proxy. As printed: 21,234,453. View filing ↗
  • Commvault Systems, Section 10b CEO total. DEF 14A, filed 2026-06-24. CEO total compensation as printed in Commvault Systems's own proxy. As printed: 19,909,500. View filing ↗
  • Five9, Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in Five9's own proxy. As printed: 17,403,709. View filing ↗
  • Teradata, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Teradata's own proxy. As printed: 16,062,525. View filing ↗
  • Qualys, Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Qualys's own proxy. As printed: 15,947,158. View filing ↗
  • Lumentum, Section 10b CEO total. DEF 14A, filed 2026-10-06. CEO total compensation as printed in Lumentum's own proxy. As printed: 15,392,731. View filing ↗
  • Extreme Networks Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-09-18. CEO total compensation as printed in Extreme Networks Inc's own proxy. As printed: 14,244,704. View filing ↗
  • Viavi Solutions, Section 10b CEO total. DEF 14A, filed 2026-10-02. CEO total compensation as printed in Viavi Solutions's own proxy. As printed: 12,305,351. View filing ↗
  • Calix, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Calix's own proxy. As printed: 10,820,080. View filing ↗
  • Rapid7, Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Rapid7's own proxy. As printed: 10,058,576. View filing ↗
  • SolarWinds, Section 10b CEO total. DEF 14A, filed 2024-04-11. CEO total compensation as printed in SolarWinds's own proxy. As printed: 8,570,853. View filing ↗
  • Harmonic, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Harmonic's own proxy. As printed: 6,163,092. View filing ↗
  • NetScout Systems, Section 10b CEO total. DEF 14A, filed 2026-07-24. CEO total compensation as printed in NetScout Systems's own proxy. As printed: 3,206,287. View filing ↗
  • DigitalOcean Holdings, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in DigitalOcean Holdings's own proxy. As printed: 1,210,795. View filing ↗
  • Box, Section 10b CEO total. DEF 14A, filed 2026-05-13. CEO total compensation as printed in Box's own proxy. As printed: 257,076. View filing ↗
  • Section 10a, Rapid7 reciprocity. DEF 14A. Rapid7's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
  • Section 10a, Box reciprocity. DEF 14A. Box's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
  • Section 10a, Commvault Systems reciprocity. DEF 14A. Commvault Systems's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
  • Section 10a, Five9 reciprocity. DEF 14A. Five9's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
  • Section 10a, Qualys reciprocity. DEF 14A. Qualys's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
  • Section 10a, Calix reciprocity. DEF 14A. Calix names Extreme Networks Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, NetScout Systems reciprocity. DEF 14A. NetScout Systems names Extreme Networks Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, SolarWinds reciprocity. DEF 14A. SolarWinds's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
  • Section 10a, Okta reciprocity. DEF 14A. Okta's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
  • Section 10a, Teradata reciprocity. DEF 14A. Teradata's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
  • Section 10a, Viavi Solutions reciprocity. DEF 14A. Viavi Solutions names Extreme Networks Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Lumentum reciprocity. DEF 14A. Lumentum names Extreme Networks Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Nutanix reciprocity. DEF 14A. Nutanix's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
  • Section 10a, Harmonic reciprocity. DEF 14A. Harmonic names Extreme Networks Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Dynatrace reciprocity. DEF 14A. Dynatrace's most recent proxy was read; its disclosed peer group does not include Extreme Networks Inc. View filing ↗
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