Aspen Technology Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Antonio Pietri

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage	53.5%
CEO tenure	1.9yrs
CEO ownership	0.2%
Management average tenure	1.3yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Antonio Pietri's remuneration changed compared to Aspen Technology's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-US$86m
Sep 30 2023	n/a	n/a	-US$131m
Jun 30 2023	US$1m	US$750k	-US$108m
Mar 31 2023	n/a	n/a	-US$49m
Dec 31 2022	n/a	n/a	-US$24m
Sep 30 2022	n/a	n/a	US$42m
Jun 30 2022	US$15m	US$469k	US$42m
Mar 31 2022	n/a	n/a	-US$24m
Dec 31 2021	n/a	n/a	-US$26m
Sep 30 2021	US$8m	US$600k	-US$21m

Compensation vs Market: Antonio's total compensation ($USD1.40M) is below average for companies of similar size in the MX market ($USD5.91M).

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

CEO

Antonio Pietri (57 yo)

1.9yrs

Tenure

US$1,402,317

Compensation

Mr. Antonio J. Pietri is the President and Chief Executive Officer of AspenTech Corporation (formerly known as Aspen Technology, Inc.) and has been its Director since May 2022. He served as an Executive Vi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Antonio Pietri	President	no data	US$1.40m	0.20% $ 431.0m
Mark Mouritsen	Senior VP	1.2yrs	US$3.22m	0.0069% $ 14.9m
Manish Chawla	Senior VP & Chief Customer Officer	1.3yrs	US$3.24m	0.0051% $ 11.0m
Christopher Stagno	Senior VP	less than a year	no data	0.0088% $ 18.9m
Stuart Harris	Senior VP and Chief Marketing & Strategy Officer	1.3yrs	no data	no data
Sophia Xu	Chief Corporate Development Officer	no data	no data	no data
Filipe Soares-Pinto	Senior Vice President of Global Sales	1.3yrs	no data	no data
Sharon Vinci	Chief Human Resource Officer	less than a year	no data	no data
Steve Santy	Chief Integration Officer	1.3yrs	no data	no data
Rasha Hasaneen	Chief Product & Sustainability Officer	1.3yrs	no data	no data
Tony Antoun	Senior VP and Chief Research & Software Development Officer	less than a year	no data	no data

1.3yrs

Average Tenure

52.5yo

Average Age

Experienced Management: AZPN1 *'s management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Antonio Pietri	President	1.9yrs	US$1.40m	0.20% $ 431.0m
Robert Whelan	Independent Director	1.9yrs	US$117.48k	0.011% $ 24.2m
Thomas Bogan	Independent Director	1.9yrs	US$165.73k	0.0026% $ 5.7m
Jill Smith	Independent Board Chair	1.9yrs	US$244.81k	0.0034% $ 7.3m
Ram Krishnan	Director	1.9yrs	no data	no data
Patrick Antkowiak	Independent Director	1.9yrs	US$148.84k	0.0026% $ 5.7m
Arlen Shenkman	Independent Director	1.9yrs	US$148.84k	0.0021% $ 4.5m
Karen Golz	Independent Director	1.9yrs	US$147.88k	0.0035% $ 7.5m

1.9yrs

Average Tenure

63.5yo

Average Age

Experienced Board: AZPN1 *'s board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Aspen Technology Management

Management criteria checks 2/4

Key information

Recent management updates

Aspen Technology, Inc. Appoints David Henshall to Its Board of Directors

High number of new and inexperienced directors

Aspen Technology, Inc. Appoints Christopher Stagno as Interim Chief Financial Officer

High number of new and inexperienced directors

High number of new and inexperienced directors

Aspen Technology, Inc., Annual General Meeting, Dec 14, 2023

Recent updates

Aspen Technology, Inc. Appoints David Henshall to Its Board of Directors

Aspen Technology, Inc. Introduces New Strategic Planning for Sustainability Pathways Solution

Aspen Technology, Inc. to Report Q3, 2024 Results on May 07, 2024

High number of new and inexperienced directors

AspenTech's Provides Earnings Guidance for the Year Ending June 30, 2024

Aspen Technology, Inc. to Report Q2, 2024 Results on Feb 06, 2024

Aspen Technology, Inc. Appoints Christopher Stagno as Interim Chief Financial Officer

High number of new and inexperienced directors

High number of new and inexperienced directors

Aspen Technology, Inc. Introduces New Software Updates Enabling Customers to Achieve Advanced Levels of Operational Excellence

Aspen Technology, Inc. Provides Earnings Guidance for the Fiscal Year Ending June 30, 2024

Aspen Technology, Inc., Annual General Meeting, Dec 14, 2023

Aspen Technology, Inc., Annual General Meeting, Dec 14, 2023

Aspen Technology, Inc. Announces Chief Financial Officer Changes

Aspen Technology, Inc. Announces Chief Financial Officer Changes

Aspen Technology, Inc. to Report Q1, 2024 Results on Nov 06, 2023

High number of new and inexperienced directors

Aspen Technology, Inc. Announces Resignation of Robert E. Beauchamp as Member of Board of Director

Aspen Technology, Inc. (NasdaqGS:AZPN) announces an Equity Buyback for $300 million worth of its shares.

Full year 2023 earnings released: US$1.67 loss per share (vs US$1.73 profit in FY 2022)

High number of new and inexperienced directors

Aspen Technology, Inc. to Report Q4, 2023 Results on Aug 01, 2023

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Aspen Technology, Inc. (NasdaqGS:AZPN) announces an Equity Buyback for $100 million worth of its shares.

Third quarter 2023 earnings released: US$0.89 loss per share (vs US$0.09 loss in 3Q 2022)

High number of new and inexperienced directors

High number of new and inexperienced directors

Second quarter 2023 earnings released: US$1.02 loss per share (vs US$0.021 loss in 2Q 2022)

High number of new and inexperienced directors

Aspen Technology, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Aspen Technology, Inc. to Report Q2, 2023 Results on Jan 25, 2023

High number of new and inexperienced directors

AspenTech Introduces New Software Release to Advance Customers’ Sustainability and Operational Excellence Initiatives

Aspen Technology Delivers First-Of-Its-Kind Training for Sustainability Technology Pathways

Aspen Technology, Inc. Provides Earnings Guidance for Fiscal Year Ending June 30, 2023

Aspen Technology, Inc. (NasdaqGS:AZPN) acquired inmation Software GmbH.

No independent directors

Aspen Technology, Inc. to Report Q1, 2023 Results on Oct 26, 2022

No independent directors

Aspen Technology, Inc. Announces Retirement of Frederic G. Hammond, Senior Vice President, General Counsel and Secretary on or Before April 4, 2023

Aspen Technology, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Aspen Technology, Inc. (NasdaqGS:AZPN) entered into a definitive agreement to acquire Micromine Pty Ltd. from Potentia Capital Pty. Ltd. and others for AUD 900 million.

Aspen Technology Appoints Robert Beauchamp to Its Board of Directors

Aspen Technology, Inc. to Report Q4, 2022 Results on Aug 08, 2022

Second quarter 2022 earnings released: EPS: US$1.13 (vs US$0.92 in 2Q 2021)

Investor sentiment improved over the past week

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age