CompBrief BY VELARION

Companies ForgeRock

ForgeRock (FORG): executive pay, fiscal 2022

Free brief. Every figure links to the company’s own filing.

ForgeRock no longer files a proxy statement; its last pay data is FY2022.

All products and prices

CEO total pay$5,198,726CEO Francis Rosch · source
CEO vs. named peers17th pct.Of 19 peer CEOs

CEO pay, last three years

  • $1,814,435FY2020
  • $6,497,511FY2021
  • $5,198,726FY2022

CEO total pay was $5,198,726 in fiscal 2022, down from $6,497,511 in fiscal 2021.

FY2022: salary $514,080 · bonus $0 · stock awards $4,254,416 · option awards $0

Frequently asked questions

Who was the highest-paid executive at ForgeRock in fiscal 2022?
As disclosed, Francis Rosch (President and Chief Executive Officer) was the highest-paid executive at ForgeRock in fiscal 2022, with total compensation of $5,198,726.
How does ForgeRock's chief executive pay compare to its disclosed peer group?
As disclosed, Francis Rosch's total compensation ranked at the 17th percentile of ForgeRock's disclosed peer group.
How much does ForgeRock spend in total on board compensation for fiscal 2022?
As disclosed, ForgeRock reported total board compensation of $1,720,942 for fiscal 2022.

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
Francis Rosch$514,080$0$4,254,416$0$430,230$0$0$5,198,726
President and Chief Executive Officer
John Fernandez430,52001,952,0300240,19903,0002,625,749
Chief Financial Officer and Executive Vice President of Global Operations
Pete Angstadt416,64850,0001,611,9160355,61803,0002,437,182
Chief Revenue Officer
Peter Barker428,46401,611,9160179,28903,0002,222,669
Chief Product Officer and Executive Vice President
Samuel Fleischmann353,4960667,4160169,05003,0001,192,962
Chief Legal Officer

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 officerFY2022 totalFY2021 totalFY2020 totalΔ FY2021→2022
Francis Rosch$5,198,726$6,497,511$1,814,435↓ −1,298,785
John Fernandez2,625,7491,945,4182,611,653↑ +680,331
Pete Angstadt2,437,1821,222,306919,582↑ +1,214,876
Peter Barker2,222,6691,344,122—↑ +878,547
Samuel Fleischmann1,192,962———

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 overall objective of our executive compensation program is to attract, retain and motivate our leadership team to fulfill our mission. We do this by designing programs that tie executive compensation to individual performance, overall company performance and the interests of our stakeholders.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultantCompensia
Clawback policyFalse
Anti-hedgingTrue
Anti-pledgingTrue
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Pete AngstadtOption4,2974.83—
Peter BarkerOption4,2974.83—
John FernandezOption11,5024.83—
John FernandezOption11,7974.83—
Samuel FleischmannOption20,53225—
Pete AngstadtOption26,9534.83—
Peter BarkerOption26,9534.83—
Samuel FleischmannOption27,0837.86—
John FernandezOption28,8284.83—
Pete AngstadtOption31,69125—
Peter BarkerOption31,69125—
Francis RoschOption41,4064.83—
Samuel FleischmannRSU50,371—1,146,948
John FernandezOption60,05125—
Francis RoschOption83,5944.83—
John FernandezRSU104,978—0
Pete AngstadtRSU121,654—2,770,062
Peter BarkerRSU121,654—2,770,062
John FernandezOption125,9984.83—
Francis RoschOption130,88025—
John FernandezRSU147,323—3,354,545
John FernandezRSU153,707—0
Francis RoschOption270,8337.86—
Francis RoschRSU321,088—7,311,174
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Bruce GoldenIndependent · Compensation · Strategic (Chair)$15,000$211,601$0—$0$226,601
Maria WalkerIndependent · Audit (Chair)13,750207,1120—0220,862
Alexander OttIndependent · Compensation (Chair)11,750199,9090—0211,659
Jeff ParksIndependent · Audit · Strategic · Not standing for re-election10,950197,0200—0207,970
Rinki SethiIndependent · Audit · Not standing for re-election10,950197,0200—0207,970
Johanna FlowerIndependent · Nominating/Governance (Chair) · Not standing for re-election9,688195,8540—0205,542
Warren WeissIndependent · Compensation · Not standing for re-election10,000193,5920—0203,592
Arun MathewIndependent · Nominating/Governance9,688192,4790—0202,167
David DeWaltIndependent · Departed during FY17,550—0—017,550
Paul MaderaIndependent · Departed during FY17,029—0—017,029
Francis RoschEmployee director · Not standing for re-election000—00
Dave WelshIndependent · Nominating/Governance · Strategic · Not standing for re-election000—00

Board fee structure and ownership guideline

Annual cash retainer$35,000
Annual equity retainer$175,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 12,000 / 7,500
Stock ownership guideline—

Total cost of the board

ComponentFY2022
Cash retainers and fees$126,355
Equity awards (grant-date value)$1,594,587
All other compensation$0
Total cost of the board$1,720,942

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

Peer group, and who names ForgeRock as a peer

Companies that benchmark against FORG

1 company names FORG as a compensation peer

Each company listed discloses FORG 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 FORG 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 2022

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 ForgeRock 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 ForgeRock.

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
1SailPoint Technologies2026Mark McClain$607,500$78,849,289$0$633,565$80,100,892
2Qualys2025Sumedh Thakar616,16714,597,5650723,37715,947,158
3PagerDuty2026Jennifer Tejada600,00014,219,7660347,76015,268,028
4Tenable Holdings2025Stephen Vintz450,58310,999,9500397,80711,862,340
5Everbridge2022David Wagner186,30110,656,0000173,26011,015,886
6Rapid72025Corey Thomas545,0009,195,5760315,00010,058,576
7Domo2026Joshua James500,0008,357,0040593,5509,465,244
8Mitek Systems2025Edward H. West500,0007,902,3610761,5009,414,057
9Zuora2024Tien Tzuo500,0007,950,0000337,5008,787,500
10Couchbase2025Matthew Cain535,0007,639,0000508,2508,685,250
11SecureWorks2024Wendy Thomas500,0007,243,3750359,3758,187,796
12Jamf Holding2024John Strosahl550,0015,999,9970539,0007,106,371
13A10 Networks2025Dhrupad Trivedi697,9175,211,97301,056,8006,974,141
14Sumo Logic2022Ramin Sayar362,2505,348,8600350,2056,062,393
15Ping Identity Holding2021Andre Durand435,0004,439,2900614,6555,497,645
16ForgeRock2022Francis Rosch514,0804,254,4160430,2305,198,726
17Upland Software2025John McDonald500,0004,235,000004,774,820
18OneSpan2025Victor Limongelli600,0002,500,0210150,0003,627,046
19Appian2025Matthew Calkins1,150,0001,760,000002,941,276
—CyberArk Software——————not in coverage universe

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
ForgeRock84%RSU 100not disclosedCompensia
A10 Networksnot disclosedPSU 50 · RSU 50NoRadford-AON
Appiannot disclosednot disclosedNonot disclosed
Couchbase95%not disclosedNoCompensia
CyberArk Softwarenot disclosednot disclosednot disclosednot disclosed
Domo119%RSU 100NoCompensia
Everbridge93%RSU 50 · PSU 50NoFW Cook
Jamf Holdingnot disclosedRSU 100not disclosedRadford
Mitek Systems152.3%PSU 80 · RSU 20NoFrederic W. Cook & Company, Inc.
OneSpan25%PSU 75 · RSU 25NoFrederic W. Cook & Co, Inc.
PagerDuty58.0%PSU 50 · RSU 50NoCompensia, Inc.
Ping Identity Holding141.3%RSU 100not disclosedMeridian Compensation Partners, LLC
Qualysnot disclosednot disclosedNoCompensia, Inc.
Rapid750%RSU 50 · PSU 50NoCompensia
SailPoint Technologies104%RSU 100not disclosedCompensia
SecureWorksnot disclosedRSU 50 · PSU 50NoFrederic W. Cook & Co., Inc.
Sumo Logicnot disclosednot disclosedNoCompensia
Tenable Holdings99.9%RSU 65 · PSU 35NoCompensia
Upland Softwarenot disclosednot disclosedYes — Absolute TSRKorn Ferry
Zuora67.5%not disclosedNoCompensia

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
20222022-05-25—————

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
20222022-05-25—a

a. Voting standard not stated in the filing.

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.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

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, Francis Rosch. DEF 14A, filed 2023-04-12. Section “Summary Compensation Table” · page 32. As printed: 5,198,726. View filing ↗
  • Section 01, John Fernandez. DEF 14A, filed 2023-04-12. Section “Summary Compensation Table” · page 32. As printed: 2,625,749. View filing ↗
  • Section 01, Pete Angstadt. DEF 14A, filed 2023-04-12. Section “Summary Compensation Table” · page 32. As printed: 2,437,182. View filing ↗
  • Section 01, Peter Barker. DEF 14A, filed 2023-04-12. Section “Summary Compensation Table” · page 32. As printed: 2,222,669. View filing ↗
  • Section 01, Samuel Fleischmann. DEF 14A, filed 2023-04-12. Section “Summary Compensation Table” · page 32. As printed: 1,192,962. View filing ↗
  • Section 08, Bruce Golden. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 226,601. View filing ↗
  • Section 08, Maria Walker. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 220,862. View filing ↗
  • Section 08, Alexander Ott. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 211,659. View filing ↗
  • Section 08, Jeff Parks. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 207,970. View filing ↗
  • Section 08, Rinki Sethi. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 207,970. View filing ↗
  • Section 08, Johanna Flower. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 205,542. View filing ↗
  • Section 08, Warren Weiss. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 203,592. View filing ↗
  • Section 08, Arun Mathew. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 202,167. View filing ↗
  • Section 08, David DeWalt. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 17,550. View filing ↗
  • Section 08, Paul Madera. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 17,029. View filing ↗
  • Section 08, Francis Rosch. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Dave Welsh. DEF 14A, filed 2023-04-12. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2022 vote. Form 8-K, filed 2022-05-27. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 126,355 + equity 1,594,587 + all other 0 = 1,720,942, summed across the director compensation table rows.
  • SailPoint Technologies, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in SailPoint Technologies's own proxy. As printed: 80,100,892. 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 ↗
  • PagerDuty, Section 10b CEO total. DEF 14A, filed 2026-05-04. CEO total compensation as printed in PagerDuty's own proxy. As printed: 15,268,028. View filing ↗
  • Tenable Holdings, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Tenable Holdings's own proxy. As printed: 11,862,340. View filing ↗
  • Everbridge, Section 10b CEO total. DEF 14A, filed 2023-04-13. CEO total compensation as printed in Everbridge's own proxy. As printed: 11,015,886. 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 ↗
  • Domo, Section 10b CEO total. DEF 14A, filed 2026-06-01. CEO total compensation as printed in Domo's own proxy. As printed: 9,465,244. View filing ↗
  • Mitek Systems, Section 10b CEO total. DEF 14A, filed 2026-01-26. CEO total compensation as printed in Mitek Systems's own proxy. As printed: 9,414,057. View filing ↗
  • Zuora, Section 10b CEO total. DEF 14A, filed 2024-05-16. CEO total compensation as printed in Zuora's own proxy. As printed: 8,787,500. View filing ↗
  • Couchbase, Section 10b CEO total. DEF 14A, filed 2025-04-16. CEO total compensation as printed in Couchbase's own proxy. As printed: 8,685,250. View filing ↗
  • SecureWorks, Section 10b CEO total. DEF 14A, filed 2024-05-15. CEO total compensation as printed in SecureWorks's own proxy. As printed: 8,187,796. View filing ↗
  • Jamf Holding, Section 10b CEO total. DEF 14A, filed 2025-04-29. CEO total compensation as printed in Jamf Holding's own proxy. As printed: 7,106,371. View filing ↗
  • A10 Networks, Section 10b CEO total. DEF 14A, filed 2026-03-10. CEO total compensation as printed in A10 Networks's own proxy. As printed: 6,974,141. View filing ↗
  • Sumo Logic, Section 10b CEO total. DEF 14A, filed 2022-05-26. CEO total compensation as printed in Sumo Logic's own proxy. As printed: 6,062,393. View filing ↗
  • Ping Identity Holding, Section 10b CEO total. DEF 14A, filed 2022-03-21. CEO total compensation as printed in Ping Identity Holding's own proxy. As printed: 5,497,645. View filing ↗
  • ForgeRock (subject), Section 10b CEO total. DEF 14A, filed 2023-04-12. CEO total compensation as printed in ForgeRock's own proxy. As printed: 5,198,726. View filing ↗
  • Upland Software, Section 10b CEO total. DEF 14A, filed 2026-04-20. CEO total compensation as printed in Upland Software's own proxy. As printed: 4,774,820. View filing ↗
  • OneSpan, Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in OneSpan's own proxy. As printed: 3,627,046. View filing ↗
  • Appian, Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Appian's own proxy. As printed: 2,941,276. View filing ↗
  • Section 10a, Sumo Logic reciprocity. DEF 14A. Sumo Logic's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, SecureWorks reciprocity. DEF 14A. SecureWorks's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Couchbase reciprocity. DEF 14A. Couchbase's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, A10 Networks reciprocity. DEF 14A. A10 Networks names ForgeRock in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Appian reciprocity. DEF 14A. Appian's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Domo reciprocity. DEF 14A. Domo's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Everbridge reciprocity. DEF 14A. Everbridge's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Jamf Holding reciprocity. DEF 14A. Jamf Holding's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Mitek Systems reciprocity. DEF 14A. Mitek Systems's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, OneSpan reciprocity. DEF 14A. OneSpan's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, PagerDuty reciprocity. DEF 14A. PagerDuty's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Ping Identity Holding reciprocity. DEF 14A. Ping Identity Holding's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Qualys reciprocity. DEF 14A. Qualys's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Rapid7 reciprocity. DEF 14A. Rapid7's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, SailPoint Technologies reciprocity. DEF 14A. SailPoint Technologies's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Tenable Holdings reciprocity. DEF 14A. Tenable Holdings's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Upland Software reciprocity. DEF 14A. Upland Software's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗
  • Section 10a, Zuora reciprocity. DEF 14A. Zuora's most recent proxy was read; its disclosed peer group does not include ForgeRock. View filing ↗