BILL Holdings Management
Management criteria checks 2/4
BILL Holdings' CEO is Rene Lacerte, appointed in Apr 2006, has a tenure of 18.33 years. total yearly compensation is $17.72M, comprised of 3.1% salary and 96.9% bonuses, including company stock and options. directly owns 2.5% of the company’s shares, worth MX$2.32B. The average tenure of the management team and the board of directors is 2.3 years and 4.5 years respectively.
Key information
Rene Lacerte
Chief executive officer
US$17.7m
Total compensation
| CEO salary percentage | 3.1% |
| CEO tenure | 18.3yrs |
| CEO ownership | 2.5% |
| Management average tenure | 2.3yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$52m |
| Dec 31 2023 | n/a | n/a | -US$115m |
| Sep 30 2023 | n/a | n/a | -US$170m |
| Jun 30 2023 | US$18m | US$550k | -US$224m |
| Mar 31 2023 | n/a | n/a | -US$293m |
| Dec 31 2022 | n/a | n/a | -US$348m |
| Sep 30 2022 | n/a | n/a | -US$334m |
| Jun 30 2022 | US$14m | US$500k | -US$326m |
| Mar 31 2022 | n/a | n/a | -US$283m |
| Dec 31 2021 | n/a | n/a | -US$223m |
| Sep 30 2021 | n/a | n/a | -US$160m |
| Jun 30 2021 | US$1m | US$445k | -US$99m |
| Mar 31 2021 | n/a | n/a | -US$66m |
| Dec 31 2020 | n/a | n/a | -US$48m |
| Sep 30 2020 | n/a | n/a | -US$38m |
| Jun 30 2020 | US$17m | US$402k | -US$31m |
| Mar 31 2020 | n/a | n/a | -US$26m |
| Dec 31 2019 | n/a | n/a | -US$20m |
| Sep 30 2019 | n/a | n/a | -US$12m |
| Jun 30 2019 | US$5m | US$350k | -US$7m |
Compensation vs Market: Rene's total compensation ($USD17.72M) is above average for companies of similar size in the MX market ($USD2.87M).
Compensation vs Earnings: Rene's compensation has increased whilst the company is unprofitable.
CEO
Rene Lacerte (57 yo)
18.3yrs
Tenure
US$17,721,164
Compensation
Mr. Rene A. Lacerte is the Founder of Bill.com Holdings Inc. and at Bill.com, LLC since April 2006 and serves as its Chief Executive Officer since April 2006. He serves as Chairperson of the Board at BILL...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.3yrs | US$17.72m | 2.5% MX$ 2.3b | |
| President & CFO | 10.2yrs | US$13.97m | 0.11% MX$ 101.0m | |
| Chief Legal & Compliance Officer and Secretary | 8yrs | US$6.08m | 0.0074% MX$ 6.9m | |
| Chief Operating Officer | 2yrs | no data | no data | |
| Senior Vice President of Finance & Accounting | 2.6yrs | no data | 0.0058% MX$ 5.4m | |
| Chief Technology Officer | 1.3yrs | no data | no data | |
| Executive of Investor Relations | no data | no data | no data | |
| Chief People Officer | 2.3yrs | no data | no data | |
| Chief Customer Officer | less than a year | no data | no data | |
| VP & Chief Information Security Officer | 2.4yrs | no data | no data | |
| Chief Product Officer | 2yrs | no data | no data |
2.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: BILL1 *'s management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.3yrs | US$17.72m | 2.5% MX$ 2.3b | |
| Independent Director | 17yrs | US$253.78k | 0.19% MX$ 176.4m | |
| Independent Director | 5.3yrs | US$265.63k | 0.0034% MX$ 3.2m | |
| Lead Independent Director | 5.3yrs | US$270.95k | 0.030% MX$ 27.6m | |
| Independent Director | 2.3yrs | US$242.29k | 0.0039% MX$ 3.6m | |
| Independent Director | 8.3yrs | US$247.64k | 0.037% MX$ 34.2m | |
| Independent Director | 2.9yrs | US$255.00k | 0.011% MX$ 10.1m | |
| Independent Director | 3.9yrs | US$260.61k | 0.0057% MX$ 5.3m | |
| Independent Director | 1.8yrs | US$427.31k | 0.00049% MX$ 455.4k | |
| Independent Director | 3.5yrs | US$259.38k | 0.0043% MX$ 4.0m | |
| Independent Director | 5.1yrs | US$261.38k | 0.0034% MX$ 3.2m | |
| Independent Director | 2.2yrs | US$153.04k | 0.0031% MX$ 2.9m |
4.5yrs
Average Tenure
56.5yo
Average Age
Experienced Board: BILL1 *'s board of directors are considered experienced (4.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/11 04:46 |
| End of Day Share Price | 2024/05/14 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
BILL Holdings, Inc. is covered by 34 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Koning | Baird |
| Ishan Majumdar | Baptista Research |
| null null | BMO Capital Markets Equity Research |