Progress Software Corporation

DB:PGR Stock Report

Market Cap: €1.6b

Progress Software Management

Management criteria checks 2/4

Progress Software's CEO is Yogesh Gupta, appointed in Oct 2016, has a tenure of 9.17 years. total yearly compensation is $10.37M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth €9.08M. The average tenure of the management team and the board of directors is 5.9 years and 8.5 years respectively.

Key information

Yogesh Gupta

Chief executive officer

US$10.4m

Total compensation

CEO salary percentage6.01%
CEO tenure9.2yrs
CEO ownership0.6%
Management average tenure5.9yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yogesh Gupta's remuneration changed compared to Progress Software's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2025n/an/a

US$49m

May 31 2025n/an/a

US$58m

Feb 28 2025n/an/a

US$57m

Nov 30 2024US$10mUS$623k

US$68m

Aug 31 2024n/an/a

US$83m

May 31 2024n/an/a

US$73m

Feb 29 2024n/an/a

US$69m

Nov 30 2023US$9mUS$599k

US$70m

Aug 31 2023n/an/a

US$79m

May 31 2023n/an/a

US$81m

Feb 28 2023n/an/a

US$98m

Nov 30 2022US$7mUS$575k

US$95m

Aug 31 2022n/an/a

US$86m

May 31 2022n/an/a

US$95m

Feb 28 2022n/an/a

US$80m

Nov 30 2021US$6mUS$575k

US$78m

Aug 31 2021n/an/a

US$81m

May 31 2021n/an/a

US$74m

Feb 28 2021n/an/a

US$78m

Nov 30 2020US$5mUS$575k

US$80m

Aug 31 2020n/an/a

US$57m

May 31 2020n/an/a

US$47m

Feb 29 2020n/an/a

US$38m

Nov 30 2019US$5mUS$575k

US$26m

Compensation vs Market: Yogesh's total compensation ($USD10.37M) is above average for companies of similar size in the German market ($USD1.81M).

Compensation vs Earnings: Yogesh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Yogesh Gupta (64 yo)

9.2yrs
Tenure
US$10,374,886
Compensation

Mr. Yogesh K. Gupta served as Independent Director at Blackbaud, Inc. since December 8, 2022 until September 11, 2025. He joined Blackbaud, Inc. since December 8, 2022. He has been the Chief Executive Offi...


Leadership Team

NamePositionTenureCompensationOwnership
Yogesh Gupta
CEO, President & Director9.2yrsUS$10.37m0.57%
€ 9.1m
Anthony Folger
Executive VP & CFO5.9yrsUS$3.84m0.099%
€ 1.6m
John Ainsworth
Executive VP and GM of Application & Data Platform8.9yrsUS$2.20m0.12%
€ 1.9m
Loren Jarrett
Executive VP & GM of Digital Experience6.5yrsUS$2.19m0.032%
€ 514.9k
Sundar Subramanian
Executive VP & GM of Infrastructure Management6.3yrsUS$2.19m0.071%
€ 1.1m
Ian Pitt
Executive VP & Chief Information Officer4.3yrsno data0.017%
€ 274.2k
Michael Micciche
Senior Vice President of Investor Relationsno datano datano data
YuFan Wang
Executive VP3.3yrsno data0.0016%
€ 24.9k
Jennifer Ortiz
Executive Vice President of Marketing6.2yrsno datano data
Jeremy Segal
Executive Vice President of Corporate Development5.6yrsUS$1.59mno data
Amanda Arria
Chief People Officer1.2yrsno datano data
Ed Keisling
Chief AI Officerless than a yearno datano data
5.9yrs
Average Tenure
53yo
Average Age

Experienced Management: PGR's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yogesh Gupta
CEO, President & Director9.2yrsUS$10.37m0.57%
€ 9.1m
Michael Mark
Non-Voting Director Emeritus and Advisor to President & CEO7.6yrsUS$280.01kno data
John Egan
Independent Non-Executive Chairman of the Board14.3yrsUS$360.04kno data
Paul Dacier
Independent Director8.5yrsUS$287.54kno data
David Krall
Independent Director17.8yrsUS$300.04k0.12%
€ 1.9m
Charles Kane
Independent Director19.1yrsUS$315.04k0.16%
€ 2.6m
Vivian Vitale
Independent Director6.2yrsUS$300.04kno data
Angela Tucci
Independent Director7.8yrsUS$305.04kno data
Rainer Gawlick
Independent Director8.5yrsUS$310.04k0.0063%
€ 100.9k
Samskriti King
Independent Director7.8yrsUS$320.04kno data
8.5yrs
Average Tenure
66yo
Average Age

Experienced Board: PGR's board of directors are considered experienced (8.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/05 22:42
End of Day Share Price 2025/12/05 00:00
Earnings2025/08/31
Annual Earnings2024/11/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Progress Software Corporation is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark SchappelBenchmark Company
Tony FigueiredoCFRA Research
Fatima BoolaniCitigroup Inc