Upwork Inc.

BMV:UPWK * Stock Report

Market Cap: Mex$46.0b

Upwork Management

Management criteria checks 2/4

Upwork's CEO is Hayden Brown, appointed in Jan 2020, has a tenure of 4.92 years. total yearly compensation is $9.51M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth MX$425.81M. The average tenure of the management team and the board of directors is 1.8 years and 8.1 years respectively.

Key information

Hayden Brown

Chief executive officer

US$9.5m

Total compensation

CEO salary percentage6.0%
CEO tenure4.9yrs
CEO ownership0.9%
Management average tenure1.8yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hayden Brown's remuneration changed compared to Upwork's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$86m

Jun 30 2024n/an/a

US$74m

Mar 31 2024n/an/a

US$48m

Dec 31 2023US$10mUS$570k

US$47m

Sep 30 2023n/an/a

US$13m

Jun 30 2023n/an/a

-US$28m

Mar 31 2023n/an/a

-US$48m

Dec 31 2022US$8mUS$550k

-US$90m

Sep 30 2022n/an/a

-US$96m

Jun 30 2022n/an/a

-US$80m

Mar 31 2022n/an/a

-US$73m

Dec 31 2021US$35mUS$500k

-US$56m

Sep 30 2021n/an/a

-US$33m

Jun 30 2021n/an/a

-US$26m

Mar 31 2021n/an/a

-US$21m

Dec 31 2020US$848kUS$480k

-US$23m

Sep 30 2020n/an/a

-US$29m

Jun 30 2020n/an/a

-US$30m

Mar 31 2020n/an/a

-US$22m

Dec 31 2019US$12mUS$437k

-US$17m

Sep 30 2019n/an/a

-US$17m

Jun 30 2019n/an/a

-US$20m

Mar 31 2019n/an/a

-US$18m

Dec 31 2018US$478kUS$365k

-US$20m

Sep 30 2018n/an/a

-US$25m

Jun 30 2018n/an/a

-US$18m

Mar 31 2018n/an/a

-US$17m

Dec 31 2017US$1mUS$240k

-US$11m

Compensation vs Market: Hayden's total compensation ($USD9.51M) is above average for companies of similar size in the MX market ($USD682.78K).

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

CEO

Hayden Brown (42 yo)

4.9yrs

Tenure

US$9,508,141

Compensation

Ms. Hayden Brown has been President and Chief Executive Officer of Upwork Inc. since January 1, 2020. Ms. Brown has been Director of Upwork Inc. since December 6, 2019. Ms. Brown was the Chief Marketing an...

Leadership Team

NamePositionTenureCompensationOwnership
Hayden Brown
President4.9yrsUS$9.51m0.93%
MX$ 425.8m
Erica Gessert
Chief Financial Officer1.7yrsUS$5.69m0.10%
MX$ 45.8m
Olivier Marie
Chief Accounting Officer3.9yrsno data0.00097%
MX$ 445.9k
Samuel Meehan
Vice President of Investor Relationsno datano datano data
Brian Levey
Chief Business Affairs & Legal Officer and Corporate Secretary10.8yrsno datano data
Peter Sanborn
Vice President of Strategyless than a yearno datano data
Sunita Solao
Chief People Officer1.7yrsno datano data
Andrew Rabinovich
VP, Head of AI & Machine Learningless than a yearno datano data
Paul Black
VP of Engineering & Chief Information Security Officerno datano datano data
Dave Bottoms
General Manager of Marketplace2yrsno data0%
MX$ 0
Jacob McQuown
VP II and Legal & Deputy General Counselno datano datano data

1.8yrs

Average Tenure

51yo

Average Age

Experienced Management: UPWK *'s management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Hayden Brown
President5yrsUS$9.51m0.93%
MX$ 425.8m
Kevin Harvey
Independent Director10.8yrsUS$251.57k1.98%
MX$ 908.5m
Gary Steele
Independent Director6.3yrsUS$254.77k0.040%
MX$ 18.6m
Thomas Layton
Independent Chairman of the Board10.8yrsUS$317.58k1.57%
MX$ 721.1m
Elizabeth Nelson
Independent Director9.8yrsUS$284.90k0.31%
MX$ 143.3m
Gregory Gretsch
Independent Director10.8yrsUS$279.77k2.14%
MX$ 983.2m
Anilu Vazquez-Ubarri
Independent Director4.1yrsUS$253.10k0.042%
MX$ 19.4m
Leela Srinivasan
Independent Director5.4yrsUS$263.10k0.046%
MX$ 21.2m

8.1yrs

Average Tenure

58yo

Average Age

Experienced Board: UPWK *'s board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 22:25
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

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 here.

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 .

Analyst Sources

Upwork Inc. is covered by 16 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathaniel SchindlerBofA Global Research
Marvin FongBTIG
Maria RippsCanaccord Genuity