Upwork Management
Management criteria checks 3/4
Upwork's CEO is Hayden Brown, appointed in Jan 2020, has a tenure of 4.5 years. total yearly compensation is $9.51M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth $13.30M. The average tenure of the management team and the board of directors is 2.1 years and 7.7 years respectively.
Key information
Hayden Brown
Chief executive officer
US$9.5m
Total compensation
| CEO salary percentage | 6.0% |
| CEO tenure | 4.5yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2.1yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
Upwork: Stock Can Potentially Soar, As AI Fears Dissipate
Jul 22Upwork: Just Like For Fiverr, Study The Nitty-Gritty Financials
Jul 11Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$10.20?
Jun 20
Upwork: Time To Buy This Stock As It Gains Share (Rating Upgrade)
Jun 14Increases to CEO Compensation Might Be Put On Hold For Now at Upwork Inc. (NASDAQ:UPWK)
Jun 01Upwork: Made Significant Progress In Delivering Profitable Growth
May 05Upwork (NASDAQ:UPWK) Is Experiencing Growth In Returns On Capital
May 03Upwork Inc.'s (NASDAQ:UPWK) Share Price Matching Investor Opinion
Apr 16Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$12.25?
Mar 15Upwork: Green Shoots Are Emerging
Mar 12Upwork: Why I Will Remain On The Fence For Now
Mar 03Shareholders Shouldn’t Be Too Comfortable With Upwork's (NASDAQ:UPWK) Strong Earnings
Feb 22Upwork Is An Interesting Reasonable Growth Candidate
Feb 07Is Upwork (NASDAQ:UPWK) A Risky Investment?
Jan 31Upwork: A Long-Term Investment In The Freelancing Industry
Jan 22Upwork Inc.'s (NASDAQ:UPWK) P/S Still Appears To Be Reasonable
Dec 25At US$13.86, Is It Time To Put Upwork Inc. (NASDAQ:UPWK) On Your Watch List?
Dec 06Is Upwork Inc. (NASDAQ:UPWK) Worth US$13.8 Based On Its Intrinsic Value?
Nov 13Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?
Oct 26Is Upwork (NASDAQ:UPWK) A Risky Investment?
Jul 17Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing
Jun 24Is Upwork (NASDAQ:UPWK) A Risky Investment?
Apr 09Is Upwork (NASDAQ:UPWK) Weighed On By Its Debt Load?
Dec 21Upwork: Decent Execution And A Slight Premium In Valuation
Oct 14Upwork reaffirms Q3 guidance; initiates search for new CFO
Sep 22Upwork: Wait For Better Buying Opportunities
Sep 13Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?
Aug 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$48m |
| Dec 31 2023 | US$10m | US$570k | US$47m |
| Sep 30 2023 | n/a | n/a | US$13m |
| Jun 30 2023 | n/a | n/a | -US$28m |
| Mar 31 2023 | n/a | n/a | -US$48m |
| Dec 31 2022 | US$8m | US$550k | -US$90m |
| Sep 30 2022 | n/a | n/a | -US$96m |
| Jun 30 2022 | n/a | n/a | -US$80m |
| Mar 31 2022 | n/a | n/a | -US$73m |
| Dec 31 2021 | US$35m | US$500k | -US$56m |
| Sep 30 2021 | n/a | n/a | -US$33m |
| Jun 30 2021 | n/a | n/a | -US$26m |
| Mar 31 2021 | n/a | n/a | -US$21m |
| Dec 31 2020 | US$848k | US$480k | -US$23m |
| Sep 30 2020 | n/a | n/a | -US$29m |
| Jun 30 2020 | n/a | n/a | -US$30m |
| Mar 31 2020 | n/a | n/a | -US$22m |
| Dec 31 2019 | US$12m | US$437k | -US$17m |
| Sep 30 2019 | n/a | n/a | -US$17m |
| Jun 30 2019 | n/a | n/a | -US$20m |
| Mar 31 2019 | n/a | n/a | -US$18m |
| Dec 31 2018 | US$478k | US$365k | -US$20m |
| Sep 30 2018 | n/a | n/a | -US$25m |
| Jun 30 2018 | n/a | n/a | -US$18m |
| Mar 31 2018 | n/a | n/a | -US$17m |
| Dec 31 2017 | US$1m | US$240k | -US$11m |
Compensation vs Market: Hayden's total compensation ($USD9.51M) is above average for companies of similar size in the US market ($USD5.64M).
Compensation vs Earnings: Hayden's compensation has been consistent with company performance over the past year.
CEO
Hayden Brown (42 yo)
4.5yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$9.51m | 0.88% $ 13.3m | |
| Chief Financial Officer | 1.3yrs | US$5.69m | 0.068% $ 1.0m | |
| Chief Accounting Officer | 3.5yrs | no data | 0.0079% $ 119.4k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Business Affairs & Legal Officer and Corporate Secretary | 10.3yrs | no data | no data | |
| Chief Marketing Officer | 2.6yrs | no data | no data | |
| Chief People Officer | 1.3yrs | no data | no data | |
| VP, Head of AI & Machine Learning | less than a year | no data | no data | |
| VP of Engineering & Chief Information Security Officer | no data | no data | no data | |
| General Manager of Marketplace | 1.6yrs | no data | 0.0070% $ 106.5k |
2.1yrs
Average Tenure
49yo
Average Age
Experienced Management: UPWK's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.6yrs | US$9.51m | 0.88% $ 13.3m | |
| Independent Director | 10.3yrs | US$251.57k | 1.99% $ 30.2m | |
| Independent Director | 5.9yrs | US$254.77k | 0.041% $ 617.4k | |
| Independent Chairman of the Board | 10.3yrs | US$317.58k | 1.58% $ 24.0m | |
| Independent Director | 9.4yrs | US$284.90k | 0.31% $ 4.8m | |
| Independent Director | 10.3yrs | US$279.77k | 2.15% $ 32.7m | |
| Independent Director | 3.7yrs | US$253.10k | 0.042% $ 643.5k | |
| Independent Director | 5yrs | US$263.10k | 0.046% $ 704.5k |
7.7yrs
Average Tenure
58yo
Average Age
Experienced Board: UPWK's board of directors are considered experienced (7.7 years average tenure).