Companies claim they must hire overseas workers because that's where their business is. The data says otherwise: Elastic N.V. generates 54% of its $0.9B revenue from United States, yet continues to file H-1B petitions that displace American workers.
Base salary $625,000 • Stock awards $12,999,970. The CEO's pay package is funded by the same company that claims it cannot find qualified American workers for its open positions.
Revenue earned in the United States contradicts the claim that H-1B workers are needed because “that’s where the business is.” Source: SEC EDGAR 10-K, FY2026.
| Executive | Title | Base Salary | Stock Awards | Total Comp |
|---|---|---|---|---|
| Ashutosh Kulkarni | Chief Executive Officer | $625,000 | $12,999,970 | $14,348,734 |
| Navam Welihinda | Chief Financial Officer | $85,417 | $9,363,770 | $9,523,678 |
| Janesh Moorjani | Former Chief Financial Officer and Chief Operating Officer | $335,417 | $5,999,848 | $6,625,250 |
| Mark Dodds | Chief Revenue Officer | $500,000 | $4,499,830 | $5,444,388 |
| Ken Exner | Chief Product Officer | $500,000 | $4,499,830 | $5,443,846 |
| Shay Banon | Chief Technology Officer | $514,006 | $3,749,877 | $4,694,689 |
| Eric Prengel | Former Interim Chief Financial Officer | $461,875 | $2,849,941 | $3,480,335 |
SCT = Summary Compensation Table totals from SEC EDGAR DEF 14A proxy statement.
| Director | Role | Age | Independent | Since | Tenure | Annual Pay | Committees |
|---|---|---|---|---|---|---|---|
| Alison Gleeson | Director | 60 | Yes | N/A | N/A | N/A | Compensation Committee, Audit Committee |
| Ashutosh Kulkarni | Executive Director and Chief Executive Officer | 50 | No | N/A | N/A | N/A | |
| Carolyn Herzog | Chief Legal Officer | 58 | No | N/A | N/A | N/A | |
| Caryn Marooney | Director | 58 | Yes | N/A | N/A | N/A | Nominating and Corporate Governance Committee, Compensation Committee |
| Chetan Puttagunta | Chairperson and Lead Independent Director | 39 | Yes | N/A | N/A | N/A | Nominating and Corporate Governance Committee, Compensation Committee, Audit Committee |
| Ken Exner | Chief Product Officer | 52 | No | N/A | N/A | N/A | |
| Mark Dodds | Chief Revenue Officer | 59 | No | N/A | N/A | N/A | |
| Paul Auvil | Director | 61 | Yes | N/A | N/A | N/A | Compensation Committee, Audit Committee |
| Shay Banon | Board Member | 47 | No | N/A | N/A | N/A | |
| Shelley Leibowitz | Director | 64 | Yes | N/A | N/A | N/A | Nominating and Corporate Governance Committee, Compensation Committee, Audit Committee |
| Steven Schuurman | Co-founder and Director | 49 | Yes | N/A | N/A | N/A |
Source: SEC EDGAR DEF 14A proxy statement via sec-api.io.
Search all Elastic N.V. H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.
🔍 Search H-1B Records for Elastic N.V.Source: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.
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