Check Point is seeking to approve additional options for Gil Schwed

Gil Shwed continues to be the largest shareholder in Check Point, the cyber security company he co-founded with Marius Nacht and Shlomo Kramer. Shwed holds 19.1% of the company's capital, 31 million shares valued at more than $ 3.4 billion. He also has 5.9 million stock options at exercise prices ranging from $ 49.5 per share to $ 115, which will mature between 2019 and 2024. Check Point's second largest shareholder is the US investment company, Massachusetts Financial Services Company, which holds 7.7% of the company's current equity of $ 1.3 billion.
Check Point is now seeking to approve additional options for Schwed. In the past decade, Shwed has given out a salary from Check Point, with the exception of the minimum wage set by the law and an annual bonus, Because it is more convenient for him to be in a position where he earns if the shareholders are profiting.In 2014-2017, Schweid received rewards at a total cost of $ 140 million.