Atlassian Management

Management criteria checks 4/4

Atlassian's CEO is Mike Cannon-Brookes, appointed in Oct 2002, has a tenure of 21.58 years. total yearly compensation is $55.11K, comprised of 89.7% salary and 10.3% bonuses, including company stock and options. directly owns 19.54% of the company’s shares, worth €8.21B. The average tenure of the management team and the board of directors is 3.4 years and 9.6 years respectively.

Key information

Mike Cannon-Brookes

Chief executive officer

US$55.1k

Total compensation

CEO salary percentage	89.7%
CEO tenure	21.6yrs
CEO ownership	19.5%
Management average tenure	3.4yrs
Board average tenure	9.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Cannon-Brookes's remuneration changed compared to Atlassian's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$163m
Dec 31 2023	n/a	n/a	-US$384m
Sep 30 2023	n/a	n/a	-US$505m
Jun 30 2023	US$55k	US$49k	-US$487m
Mar 31 2023	n/a	n/a	-US$518m
Dec 31 2022	n/a	n/a	-US$305m
Sep 30 2022	n/a	n/a	-US$122m
Jun 30 2022	US$60k	US$54k	-US$520m
Mar 31 2022	n/a	n/a	-US$642m
Dec 31 2021	n/a	n/a	-US$487m
Sep 30 2021	n/a	n/a	-US$1b
Jun 30 2021	US$61k	US$56k	-US$579m
Mar 31 2021	n/a	n/a	-US$868m
Dec 31 2020	n/a	n/a	-US$1b
Sep 30 2020	n/a	n/a	-US$442m
Jun 30 2020	US$51k	US$46k	-US$351m
Mar 31 2020	n/a	n/a	-US$203m
Dec 31 2019	n/a	n/a	-US$247m
Sep 30 2019	n/a	n/a	-US$326m
Jun 30 2019	US$300k	US$274k	-US$638m
Mar 31 2019	n/a	n/a	-US$422m
Dec 31 2018	n/a	n/a	-US$235m
Sep 30 2018	n/a	n/a	-US$344m
Jun 30 2018	US$326k	US$297k	-US$113m
Mar 31 2018	n/a	n/a	-US$112m
Dec 31 2017	n/a	n/a	-US$114m
Sep 30 2017	n/a	n/a	-US$51m
Jun 30 2017	US$323k	US$295k	-US$37m

Compensation vs Market: Mike's total compensation ($USD55.11K) is below average for companies of similar size in the German market ($USD5.55M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Cannon-Brookes (44 yo)

21.6yrs

Tenure

US$55,109

Compensation

Mr. Michael Cannon-Brookes, also known as Mike, is a Co-Founder of Atlassian Corporation Plc and has been its Co-Chief Executive Officer since October 2002. He serves on the board of directors of Zoox Inc....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Cannon-Brookes	Co-Founder	21.6yrs	US$55.11k	19.54% $ 8.2b
Scott Farquhar	Co-Founder	21.6yrs	US$55.11k	19.54% $ 8.2b
Anutthara Bharadwaj	President	1.3yrs	US$28.18m	0.062% $ 26.1m
Joseph Binz	CFO & Principal Financial Officer	1.7yrs	US$14.75m	0.038% $ 16.2m
Rajeev Rajan	Chief Technology Officer	2yrs	US$703.42k	0.052% $ 21.9m
Gene Liu	Principal Accounting Officer & Controller	6.6yrs	no data	0.018% $ 7.4m
Erika Fisher	Chief Administrative Officer	4.8yrs	no data	no data
Martin Lam	Head of Investor Relations	no data	no data	no data
Kevin Egan	Chief Sales Officer & Global Head of Enterprise Sales	1.3yrs	no data	no data
Zeynep Ozdemir	Chief Marketing Officer	1.3yrs	no data	no data
Amy Glancey	Chief of Staff	5.3yrs	no data	no data

3.4yrs

Average Tenure

43.5yo

Average Age

Experienced Management: 48D's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Cannon-Brookes	Co-Founder	21.6yrs	US$55.11k	19.54% $ 8.2b
Scott Farquhar	Co-Founder	21.6yrs	US$55.11k	19.54% $ 8.2b
Enrique Salem	Independent Director	10.7yrs	US$320.08k	0.040% $ 16.8m
Steven Sordello	Independent Director	8.5yrs	US$340.08k	0.019% $ 7.8m
Richard Wong	Independent Director	13.8yrs	US$330.08k	0.047% $ 19.8m
Shona Brown	Independent Chair of the Board	8.5yrs	US$370.08k	0.013% $ 5.6m
Sasan Goodarzi	Independent Director	6.1yrs	US$335.08k	0.0056% $ 2.4m
Heather Fernandez	Independent Director	8.5yrs	US$320.08k	0.0039% $ 1.6m
Michelle Zatlyn	Independent Director	2.7yrs	US$320.08k	0.0011% $ 445.4k
Jay Parikh	Independent Director	10.8yrs	US$320.08k	0.0090% $ 3.8m

9.6yrs

Average Tenure

51.5yo

Average Age

Experienced Board: 48D's board of directors are considered experienced (9.6 years average tenure).

Atlassian Management

Management criteria checks 4/4

Key information

Recent management updates

Atlassian Corporation Announces Step Down of Scott Farquhar as Co-CEO, Effective August 31, 2024

Atlassian Corporation Announces Resignation of Cameron Deatsch as Chief Revenue Officer, Effective December 31, 2023

Insufficient new directors

Atlassian Corporation Announces Promotion of Anutthara Bharadwaj as President

Atlassian Corporation plc Appoints Joe Binz as Chief Financial Officer, Effective September 6, 2022

Atlassian Corporation Plc, Annual General Meeting, Aug 22, 2022

Recent updates

Atlassian Corporation Announces Step Down of Scott Farquhar as Co-CEO, Effective August 31, 2024

Now 22% undervalued after recent price drop

Atlassian Corporation (NasdaqGS:TEAM) completed the acquisition of Optic.

Third quarter 2024 earnings released: EPS: US$0.049 (vs US$0.81 loss in 3Q 2023)

Atlassian Corporation to Report Q3, 2024 Results on Apr 25, 2024

Now 23% undervalued

Second quarter 2024 earnings released: US$0.33 loss per share (vs US$0.80 loss in 2Q 2023)

Atlassian Corporation Provides Earnings Guidance for the Third Quarter 2024

Atlassian Corporation to Report Q2, 2024 Results on Feb 01, 2024

Atlassian Corporation (NasdaqGS:TEAM) completed the acquisition of Loom, Inc.

First quarter 2024 earnings released: US$0.12 loss per share (vs US$0.054 loss in 1Q 2023)

Atlassian Corporation Provides Earnings Guidance for the Second Quarter and Fiscal Year 2024

Atlassian Corporation (NasdaqGS:TEAM) has entered into a definitive agreement to acquire Loom, Inc. for approximately $980 million.

Atlassian Corporation (NasdaqGS:TEAM) has entered into a definitive agreement to acquire Loom, Inc. for approximately $980 million.

Atlassian Corporation to Report Q1, 2024 Results on Nov 02, 2023

Now 22% undervalued

New minor risk - Profitability

Atlassian Corporation Announces Resignation of Cameron Deatsch as Chief Revenue Officer, Effective December 31, 2023

Full year 2023 earnings released: US$1.90 loss per share (vs US$2.42 loss in FY 2022)

Insufficient new directors

Atlassian Corporation to Report Q4, 2023 Results on Aug 03, 2023

Atlassian Corporation to Report Q4, 2023 Results on Aug 03, 2023

Atlassian Corporation Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2023

Frank R. Cruz Announces Team Investors Have Opportunity to Lead Atlassian Corporation Securities Fraud Lawsuit

Atlassian Corporation Announces Promotion of Anutthara Bharadwaj as President

Saxena White P.A. Files New Securities Fraud Class Action Against Atlassian Corporation and Its Subsidiary Atlassian Corporation, plc

Atlassian Corporation (NasdaqGS:TEAM) announces an Equity Buyback for $1,000 million worth of its shares.

Atlassian Corporation to Report Q2, 2023 Results on Feb 02, 2023

Atlassian Corporation plc Provides Earnings Guidance for the Second Quarter of Fiscal Year 2023

Atlassian Corporation Plc to Report Q1, 2023 Results on Nov 03, 2022

Now 21% undervalued

Atlassian Corporation plc Appoints Joe Binz as Chief Financial Officer, Effective September 6, 2022

Full year 2022 earnings released: US$2.42 loss per share (vs US$2.79 loss in FY 2021)

Atlassian Corporation Plc Provides Earnings Guidance for the First Quarter of Fiscal Year 2023

Atlassian Corporation Plc, Annual General Meeting, Aug 22, 2022

Atlassian Corporation plc Announces Management Changes

Third quarter 2022 earnings released: US$0.12 loss per share (vs US$0.64 profit in 3Q 2021)

Insufficient new directors

Atlassian Corporation Plc to Report Q3, 2022 Results on Apr 28, 2022

Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Atlassian Corporation Plc Provides Earnings Guidance for the Third Quarter Fiscal Year 2022

Atlassian Corporation Plc (NasdaqGS:TEAM) acquired Percept.AI.

No longer forecast to breakeven

First quarter 2022 earnings released: US$1.59 loss per share (vs US$0.087 loss in 1Q 2021)

Forecast to breakeven in 2023

Full year 2021 earnings released: US$2.77 loss per share (vs US$1.43 loss in FY 2020)

Third quarter 2021 earnings released: EPS US$0.64 (vs US$0.65 loss in 3Q 2020)

Atlassian Corporation plc Provides Financial Guidance for the Fourth Quarter of Fiscal Year 2021

Atlassian Corporation plc Announces New Products and Updates Across the Portfolio At Team’21

New 90-day high: €205

Second quarter 2021 earnings released

Revenue beats expectations

Atlassian Corporation Plc to Report Q2, 2021 Results on Jan 28, 2021

New 90-day high: €192

New 90-day high: €188

First quarter 2021 earnings released: US$0.087 loss per share

Revenue beats expectations

First-quarter earnings released: Revenue beats expectations

First quarter earnings released

Atlassian Corporation Plc Promotes Erika Fisher as New Chief Administrative Officer

New 90-day high: €170

Atlassian Corporation Plc to Report Q1, 2021 Results on Oct 29, 2020

Atlassian Corporation Plc’s Work Management Tool Trello Achieves FedRAMP Tailored Authorization

Full year earnings released - €1.43 loss per share

Atlassian Corporation Plc (NasdaqGS:TEAM) acquired Mindville.

Atlassian Corporation Plc to Report Q4, 2020 Results on Jul 30, 2020

Atlassian Corporation Plc(NasdaqGS:TEAM) dropped from Russell Midcap Index

CEO Compensation Analysis

CEO