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Beyond patriotism , there ’s another immense reason to join a defense startup : It pays really , really well .
Thanks to the Federal Funding Accountability and Transparency Act ( FFATA ) , we can see the full recompense that defense technical school inauguration Anduril , assess at$14 billion rating , yield its top employees . The act requiresthe company to report the top recompense after the caller has received at least 80 % of its annual sodding revenues from federal awarding and has made at least $ 25 million in yearly gross revenue from these awards . ( Anduril reportedly told investor its gross reach $ 500 million last year . )
The data in this report , which includes the recompense bit that Anduril itself discloses , is published on the government contracting databaseUSASpending.gov . The website does not , however , list what twelvemonth the executive recompense cover . source with knowledge of defence contracting severalize us that compensation disclosure typically correlate to the previous yr prior to the date a contract was modify . Therefore , if a contract was alter in 2023 , the recompense information is most likely from 2022 . To estimate the year of the compensation , TechCrunch canvas data from 26 Anduril contracts between 2021 and 2024 and correlated these contract to the former year . Anduril wane to remark on the time period enshroud by their recompense disclosures in these reports .
An Anduril spokesperson did , however , secernate us that these bod do not needs represent the sums that execs clear every year .
“ The reporting prerequisite behind these numbers are ground on rules designedfor in public traded defense companies and do n’t report for the complexities of inauguration equity compensation , ” the interpreter told TechCrunch , supply that portion of these reported compensations let in “ the full time value of multiyear equity grants that vest over four or five years and remain illiquid until an IPO . ”
For FFATA coverage , society have to include everything from bonuses to awarded stock to stock options . Anduril is n’t required to clear up what is hard currency versus fairness , so these number likely involve more stock than Johnny Cash , as is vernacular in executive compensation packages .
This is similar to how public society executive compensation disclosure take place . Every class , public companies release an annual proxy report to the SEC that include a sum-up compensation table . This table includes cash , bonus , and an estimate value of farm animal options and accolade set away for the executive that year , even though they may be multiyear awards contingent on carrying out system of measurement or other qualifying acts .
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Still , the identification number give a peek at how Anduril , which has raised over $ 4.3 billion to escort according to PitchBook , lures top talent away from Big Tech and from the government .
And the compensations paint a broad picture of how Anduril ’s focal point has shifted over the geezerhood . According to our estimates , in 2021 , the list was almost entirely the company ’s father ; by 2023 , the top pay employee admit two autonomous vehicle specialists and two political old hand .
Here are the top recent executive compensations as report by Anduril :
Co-founder and CEO Brian Schimpf
CEO Brian Schimpf spent nearly a decade as an locomotive engineer at Palantir before co - founding Anduril in 2017 .
Co-founder and COO Matt Grimm
Matt Grimm was a part of Anduril ’s instauration squad and now play as the inauguration ’s COO . He is a former Palantir engineer .
Co-founder Palmer Luckey
Palmer Luckey sold his virtual reality company Oculus VR to Facebook in 2014 for around $ 2 billion . He left the company onbitter termsthree years later on and pop off on to co - found Anduril .
Former CFO Michael Galvin
Michael Galvin was CFO at Anduril for two years before allow the company , according tohis LinkedIn . He presently serves as an consultant to several company , like defense tech startup Mach Industries and cybersecurity house Vectra AI .
Senior VP Tom Keane
Tom Keane was previously a heavy hitter at Microsoft , where he led the teams that built out Office 365 and Azure . But after two decades there , he mob up and became older frailty president at Anduril in December 2022 , where he ’s focused on “ building big - scale distributed system capabilities,”according to his LinkedIn .
Former Senior VP Adnan Esmail
Adnan Esmail was antecedently at Tesla for four year , spend some of that time working on autonomous driving . He joined Anduril in 2018 , finally becoming a aged frailty President of the United States of technology . He leave Anduril earlier this class to start his own AI companionship , Physical Intelligence , harmonize to hisLinkedIn .
VP Burhan Muzaffar
Burhan Muzaffar spent two years at the ego - driving elevator car party Aurora . In 2023 , he became frailty president of fomite self-reliance and head of robotics at Anduril .
Senior VP Shane Arnott
Shane Arnottspent over two decade at Boeing before joining Anduril as a chief engineer in 2021 . He then became a senior frailty president of programs and engineering in later 2022 , accordingto his LinkedIn .
Senior VP Zachary Mears
Zachary Mears joined Anduril as the mind of scheme in growth in 2021 , before being promote to senior frailty President of the United States in March 2023,according to his LinkedIn . antecedently , he ran public insurance policy operations at jurisprudence firm Covington & Burling LLP and did a stint at the Department of Defense .
CSO Christian Brose
Christian Brose has panoptic experience on the Hill ; from 2009 to 2014 , he served as a national protection adviser to Senator John McCain . For the next few years , he was faculty music director of the Senate Armed Services Committee . In 2018 , he traded in his government wage for this well - yield gig as Anduril ’s chief strategy officer .
For the three class of executive recompense that TechCrunch analyse , Arnott was the only employee to be top paid two years in a row .
Former Senior VP Andrea Lessard
Andrea Lessard was the older frailty president of multitude and polish at Anduril before leave in April 2023 after less than a year , according to her LinkedIn .
VP Lindsay Trice
Lindsay Trice spent over six years at Palantir before bring together Anduril in 2020 , initially as head of product and then as vice president of engine room , according to her LinkedIn .
Senior VP Gokul Subramanian
Gokul Subramanian is another Palantir alum . He is currently senior vice President of the United States of engineering science , working on software products .
Co-founder Joseph Chen
Joseph Chen was an early employee at Luckey ’s Oculus VR before join Anduril ’s institute team . Previously he served as a para in the U.S. Army .
