Open Text Management
Management criteria checks 2/4
Open Text's CEO is Mark Barrenechea, appointed in Jan 2012, has a tenure of 12.25 years. total yearly compensation is $23.25M, comprised of 4.1% salary and 95.9% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth CA$56.62M. The average tenure of the management team and the board of directors is 3.9 years and 14.8 years respectively.
Key information
Mark Barrenechea
Chief executive officer
US$23.2m
Total compensation
CEO salary percentage | 4.1% |
CEO tenure | 12.3yrs |
CEO ownership | 0.4% |
Management average tenure | 3.9yrs |
Board average tenure | 14.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | US$127m |
Sep 30 2023 | n/a | n/a | US$348m |
Jun 30 2023 | US$23m | US$950k | US$150m |
Mar 31 2023 | n/a | n/a | US$301m |
Dec 31 2022 | n/a | n/a | US$318m |
Sep 30 2022 | n/a | n/a | US$148m |
Jun 30 2022 | US$16m | US$950k | US$397m |
Mar 31 2022 | n/a | n/a | US$476m |
Dec 31 2021 | n/a | n/a | US$493m |
Sep 30 2021 | n/a | n/a | US$339m |
Jun 30 2021 | US$21m | US$891k | US$311m |
Mar 31 2021 | n/a | n/a | US$156m |
Dec 31 2020 | n/a | n/a | US$90m |
Sep 30 2020 | n/a | n/a | US$263m |
Jun 30 2020 | US$10m | US$932k | US$234m |
Mar 31 2020 | n/a | n/a | US$280m |
Dec 31 2019 | n/a | n/a | US$327m |
Sep 30 2019 | n/a | n/a | US$324m |
Jun 30 2019 | US$8m | US$950k | US$286m |
Mar 31 2019 | n/a | n/a | US$275m |
Dec 31 2018 | n/a | n/a | US$261m |
Sep 30 2018 | n/a | n/a | US$242m |
Jun 30 2018 | US$7m | US$950k | US$242m |
Mar 31 2018 | n/a | n/a | US$227m |
Dec 31 2017 | n/a | n/a | US$189m |
Sep 30 2017 | n/a | n/a | US$149m |
Jun 30 2017 | US$12m | US$945k | US$1b |
Compensation vs Market: Mark's total compensation ($USD23.25M) is above average for companies of similar size in the Canadian market ($USD4.42M).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mark Barrenechea (58 yo)
12.3yrs
Tenure
US$23,248,282
Compensation
Mr. Mark J. Barrenechea has been the Chief Executive Officer of OpenText Public Sector Solutions, Inc. and served as its President since January 2, 2012. He has been Chief Technology Officer at OpenText si...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Vice Chairman | 12.3yrs | US$23.25m | 0.43% $ 56.6m | |
President & Chief Customer Officer | no data | US$4.07m | 0.0039% $ 511.6k | |
President | 6yrs | US$5.41m | 0.0099% $ 1.3m | |
Executive VP & Chief Product Officer | 11.8yrs | US$4.35m | 0.039% $ 5.1m | |
Senior VP & Chief Accounting Officer | 1.3yrs | no data | 0.00094% $ 122.7k | |
Senior VP & Global Head of Investor Relations | no data | no data | no data | |
Executive VP | 2.3yrs | no data | 0.0026% $ 343.2k | |
Vice President & Chief Communications Officer | no data | no data | no data | |
Executive VP & Chief Marketing Officer | 2.3yrs | no data | no data | |
President of OpenText Worldwide Sales | no data | no data | no data | |
Executive VP & Chief Human Resources Officer | 5.5yrs | no data | 0.0047% $ 608.2k | |
Executive Vice President of International Sales | 12.2yrs | no data | 0.0076% $ 989.3k |
3.9yrs
Average Tenure
53.5yo
Average Age
Experienced Management: OTEX's management team is considered experienced (3.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Vice Chairman | 12.3yrs | US$23.25m | 0.43% $ 56.6m | |
Independent Director | 15.3yrs | US$469.83k | 0.0096% $ 1.2m | |
Independent Director | 14.3yrs | US$492.86k | 0.0075% $ 973.6k | |
Independent Director | 17.3yrs | US$435.56k | 0% $ 0 | |
Non-Independent Director | 26.6yrs | US$780.50k | 0.13% $ 16.9m | |
Independent Lead Director | 26.1yrs | US$491.83k | 0.073% $ 9.5m | |
Independent Director | 26.1yrs | US$503.37k | 0.25% $ 32.0m | |
Independent Chairman of the Board | 29.3yrs | US$661.68k | 1.14% $ 148.2m | |
Director | less than a year | no data | no data | |
Independent Director | 3.6yrs | US$367.32k | 0% $ 0 | |
Independent Director | 2.8yrs | US$352.68k | 0% $ 0 | |
Independent Director | 5.6yrs | US$370.89k | 0.000090% $ 11.7k |
14.8yrs
Average Tenure
63yo
Average Age
Experienced Board: OTEX's board of directors are seasoned and experienced ( 14.8 years average tenure).