ServiceNow Management
Management criteria checks 3/4
ServiceNow's CEO is Bill McDermott, appointed in Nov 2019, has a tenure of 5.08 years. total yearly compensation is $37.61M, comprised of 3.5% salary and 96.5% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth CA$11.71M. The average tenure of the management team and the board of directors is 4.4 years and 8.2 years respectively.
Key information
Bill McDermott
Chief executive officer
US$37.6m
Total compensation
| CEO salary percentage | 3.5% |
| CEO tenure | 5.1yrs |
| CEO ownership | 0.004% |
| Management average tenure | 4.4yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$38m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$400m |
| Dec 31 2022 | US$39m | US$1m | US$325m |
| Sep 30 2022 | n/a | n/a | US$201m |
| Jun 30 2022 | n/a | n/a | US$184m |
| Mar 31 2022 | n/a | n/a | US$223m |
| Dec 31 2021 | US$166m | US$1m | US$230m |
| Sep 30 2021 | n/a | n/a | US$221m |
| Jun 30 2021 | n/a | n/a | US$171m |
| Mar 31 2021 | n/a | n/a | US$153m |
| Dec 31 2020 | US$25m | US$1m | US$119m |
| Sep 30 2020 | n/a | n/a | US$701m |
| Jun 30 2020 | n/a | n/a | US$728m |
| Mar 31 2020 | n/a | n/a | US$676m |
| Dec 31 2019 | US$43m | US$129k | US$627m |
Compensation vs Market: Bill's total compensation ($USD37.61M) is above average for companies of similar size in the Canadian market ($USD7.76M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill McDermott (62 yo)
5.1yrs
Tenure
US$37,606,244
Compensation
Mr. William R. McDermott, also known as Bill, has been Chairman of ServiceNow, Inc. since October 2022. He serves as Independent Director at Zoom Communications Inc. (formerly known as Zoom Video Communica...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.1yrs | US$37.61m | 0.0036% CA$ 11.7m | |
| Founder & Director | no data | US$364.69k | 0.076% CA$ 246.6m | |
| Chief Financial Officer | 4.9yrs | US$14.41m | 0.0051% CA$ 16.4m | |
| Chief People Officer | 3.4yrs | US$9.06m | 0.0015% CA$ 4.8m | |
| Chief Commercial Officer | 4.4yrs | US$17.92m | 0.0014% CA$ 4.5m | |
| President | less than a year | no data | 0.000020% CA$ 64.7k | |
| Senior VP | 3.1yrs | no data | 0.0017% CA$ 5.5m | |
| CTO & EVP of Dev Ops | no data | no data | no data | |
| Head of Investor Relations | 4.9yrs | no data | no data | |
| General Counsel & Secretary | 6.1yrs | US$13.55m | 0.0033% CA$ 10.7m | |
| Senior VP of Legal and Chief Ethics & Compliance Officer | no data | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data |
4.4yrs
Average Tenure
55yo
Average Age
Experienced Management: NOWS's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.1yrs | US$37.61m | 0.0036% CA$ 11.7m | |
| Founder & Director | 20.5yrs | US$364.69k | 0.076% CA$ 246.6m | |
| Independent Director | 13.8yrs | US$432.12k | 0.021% CA$ 67.3m | |
| Lead Independent Director | 10.4yrs | US$391.91k | 0.0014% CA$ 4.6m | |
| Independent Director | 8.2yrs | US$379.69k | 0.0017% CA$ 5.6m | |
| Independent Director | 10.4yrs | US$394.82k | 0.0051% CA$ 16.6m | |
| Independent Director | 5.8yrs | US$402.19k | 0.00065% CA$ 2.1m | |
| Independent Director | 8.2yrs | US$391.34k | 0.0049% CA$ 15.8m | |
| Independent Director | 4.2yrs | US$370.51k | 0.00029% CA$ 938.3k | |
| Independent Director | 3.4yrs | US$379.69k | 0.00084% CA$ 2.7m | |
| Independent Director | 1.7yrs | US$383.26k | 0.00032% CA$ 1.0m |
8.2yrs
Average Tenure
61.5yo
Average Age
Experienced Board: NOWS's board of directors are considered experienced (8.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:31 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ServiceNow, Inc. is covered by 70 analysts. 39 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adam Shepherd | Arete Research Services LLP |
| Joseph Bonner | Argus Research Company |
| Dimitri Kallianiotis | Atlantic Equities LLP |