Jagtar S. (Jay) Chaudhry

Career

1. 2007-09 – now
   Zscaler, Inc.src
   Co-founder; Chief Executive Officer and Chairman of the Board (also President at the 2018 IPO)
   Led the March 2018 IPO (IPO-424B4-2018)
2. 2000 – 2006
   CipherTrustsrc
   Founder and CEO (email security gateway); merged with Secure Computing

Undated in the sources

• AirDefensesrc, Founder (wireless security); acquired by Motorola
• CoreHarborsrc, Founder (managed e-commerce hosting); acquired by USi
• SecureITsrc, Founder, 1996 (internet security services); acquired by VeriSign
• IBM; NCR; Unisyssrc, Engineering, sales, marketing and management roles

Not located: Zscaler role since 2007 is from the proxy; everything before 2007 comes from search results only, and the exit years of SecureIT, CoreHarbor and AirDefense and the dates of the IBM/NCR/Unisys years are not stated in any source searched

Achievements

• Co-founded Zscaler and has run it as CEO and Chairman since September 2007, through the March 2018 IPOsrc
• Serial security founder before Zscaler: SecureIT, CoreHarbor, CipherTrust and AirDefense, each sold or mergedsrc
• Revenue grew from $431.3m in fiscal 2020 to $2.67bn in fiscal 2025 and non-GAAP operating income from $38.2m to $580.1m, per the proxysrc
• Beneficially owns 16.8% of Zscaler (26.86m shares), the largest insider stakesrc
• Takes a nominal $23,660 salary and no cash bonus; paid in equity only (a multi-year grant in fiscal 2023)src

Education

• University of Cincinnati, MBA Businesssrc
• University of Cincinnati, MS Electrical engineering and industrial engineeringsrc
• Indian Institute of Technology (Banaras Hindu University) Varanasi, B.Tech Electronics engineeringsrc
• Harvard University, Executive management program Managementsrc

Background

• Family The proxy states there are no family relationships among directors or executive officerssrc
• Family Related-party disclosure: his son-in-law was employed by Zscaler for part of fiscal 2025 as Senior Vice President, Product New Initiatives, with pay above $120,000src
• Family Trusts for members of his family, with an independent trustee (Ajay Mangal), hold a further 18.2% of the company, reported separately from his own 16.8%src
• Founder At the 2018 IPO he and his affiliates were expected to own about 22.9% of the common stocksrc
• Personal Press profiles report that he grew up in a village in India without running water, and that he and his wife put their savings into his first company, SecureIT, in 1996src
• Other Recommends pay for the other executives, negotiates their offer letters, and can cut (never raise) their funded cash bonuses at his discretionsrc