Bentley Systems, Incorporated

NasdaqGS:BSY Stock Report

Market Cap: US$15.3b

Bentley Systems Management

Management criteria checks 3/4

Bentley Systems' CEO is Nicholas Cumins, appointed in Jul 2024, has a tenure of less than a year. total yearly compensation is $2.59M, comprised of 24.5% salary and 75.5% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $18.24M. The average tenure of the management team and the board of directors is 1.9 years and 16.3 years respectively.

Key information

Nicholas Cumins

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage24.5%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure1.9yrs
Board average tenure16.3yrs

Recent management updates

Recent updates

These 4 Measures Indicate That Bentley Systems (NASDAQ:BSY) Is Using Debt Reasonably Well

Nov 27
These 4 Measures Indicate That Bentley Systems (NASDAQ:BSY) Is Using Debt Reasonably Well

Do Bentley Systems' (NASDAQ:BSY) Earnings Warrant Your Attention?

Oct 30
Do Bentley Systems' (NASDAQ:BSY) Earnings Warrant Your Attention?

Bentley: Becoming Bullish Considering Growth Initiatives And Earnings Quality (Rating Upgrade)

Oct 21

Bentley Systems (NASDAQ:BSY) May Have Issues Allocating Its Capital

Oct 16
Bentley Systems (NASDAQ:BSY) May Have Issues Allocating Its Capital

Why Bentley Systems, Incorporated (NASDAQ:BSY) Could Be Worth Watching

Oct 01
Why Bentley Systems, Incorporated (NASDAQ:BSY) Could Be Worth Watching

Bentley Systems, Incorporated's (NASDAQ:BSY) Popularity With Investors Is Under Threat From Overpricing

Sep 17
Bentley Systems, Incorporated's (NASDAQ:BSY) Popularity With Investors Is Under Threat From Overpricing

Bentley Systems' (NASDAQ:BSY) Solid Profits Have Weak Fundamentals

Aug 19
Bentley Systems' (NASDAQ:BSY) Solid Profits Have Weak Fundamentals

Bentley Systems: Valuation Is A Concern On Economic Uneasiness (Downgrade)

Aug 08

Bentley Systems, Incorporated (NASDAQ:BSY) Shares Could Be 28% Above Their Intrinsic Value Estimate

Jul 31
Bentley Systems, Incorporated (NASDAQ:BSY) Shares Could Be 28% Above Their Intrinsic Value Estimate

Bentley Systems (NASDAQ:BSY) Is Reinvesting At Lower Rates Of Return

Jul 15
Bentley Systems (NASDAQ:BSY) Is Reinvesting At Lower Rates Of Return

When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?

Jun 30
When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?

What Bentley Systems, Incorporated's (NASDAQ:BSY) P/E Is Not Telling You

Jun 12
What Bentley Systems, Incorporated's (NASDAQ:BSY) P/E Is Not Telling You

Bentley Systems: Premium Business Trading At Premium Valuation

May 23

Bentley Systems, Incorporated Just Beat EPS By 22%: Here's What Analysts Think Will Happen Next

May 10
Bentley Systems, Incorporated Just Beat EPS By 22%: Here's What Analysts Think Will Happen Next

Is Bentley Systems (NASDAQ:BSY) A Risky Investment?

Apr 29
Is Bentley Systems (NASDAQ:BSY) A Risky Investment?

Here's Why Bentley Systems (NASDAQ:BSY) Has Caught The Eye Of Investors

Apr 17
Here's Why Bentley Systems (NASDAQ:BSY) Has Caught The Eye Of Investors

Should You Think About Buying Bentley Systems, Incorporated (NASDAQ:BSY) Now?

Mar 24
Should You Think About Buying Bentley Systems, Incorporated (NASDAQ:BSY) Now?

Bentley Systems: Keep This On Your Watchlist

Mar 14

Calculating The Intrinsic Value Of Bentley Systems, Incorporated (NASDAQ:BSY)

Mar 12
Calculating The Intrinsic Value Of Bentley Systems, Incorporated (NASDAQ:BSY)

Bentley Systems, Incorporated Just Recorded A 78% EPS Beat: Here's What Analysts Are Forecasting Next

Feb 29
Bentley Systems, Incorporated Just Recorded A 78% EPS Beat: Here's What Analysts Are Forecasting Next

Bentley Systems' (NASDAQ:BSY) Returns On Capital Not Reflecting Well On The Business

Feb 07
Bentley Systems' (NASDAQ:BSY) Returns On Capital Not Reflecting Well On The Business

Bentley Systems, Incorporated's (NASDAQ:BSY) Shares May Have Run Too Fast Too Soon

Jan 20
Bentley Systems, Incorporated's (NASDAQ:BSY) Shares May Have Run Too Fast Too Soon

CEO Compensation Analysis

How has Nicholas Cumins's remuneration changed compared to Bentley Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$364m

Jun 30 2024n/an/a

US$375m

Mar 31 2024n/an/a

US$352m

Dec 31 2023US$3mUS$634k

US$327m

Sep 30 2023n/an/a

US$173m

Jun 30 2023n/an/a

US$157m

Mar 31 2023n/an/a

US$164m

Dec 31 2022US$9mUS$653k

US$175m

Sep 30 2022n/an/a

US$188m

Jun 30 2022n/an/a

US$103m

Mar 31 2022n/an/a

US$93m

Dec 31 2021US$2mUS$441k

US$93m

Compensation vs Market: Nicholas's total compensation ($USD2.59M) is below average for companies of similar size in the US market ($USD12.58M).

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


CEO

Nicholas Cumins (47 yo)

less than a year

Tenure

US$2,591,650

Compensation

Mr. Nicholas H. Cumins is the Director since September 5, 2024 and Chief Executive Officer of Bentley Systems Inc. since July 1, 2024 and served as it's Chief Operating Officer since January 01, 2022 until...


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Bentley
Executive Chairman of the Board28.5yrsUS$19.30m3.47%
$ 531.9m
Nicholas Cumins
CEO and Directorless than a yearUS$2.59m0.12%
$ 18.2m
Keith Bentley
Founderno datano data6.45%
$ 987.3m
Barry Bentley
Co-Founder & Director40.9yrsUS$50.00k4.88%
$ 747.9m
Werner Andre
Chief Financial Officer2.9yrsUS$2.91m0.10%
$ 15.6m
Michael Campbell
Chief Product Officer2.3yrsUS$2.32m0.022%
$ 3.4m
Brock Ballard
Chief Revenue Officer1.9yrsUS$2.62m0.019%
$ 2.8m
Thomas Trimback
Chief Accounting Officerno datano data0.0030%
$ 464.1k
Julien Moutte
Chief Technology Officer1.7yrsno datano data
Eric Boyer
Investor Relations Officer1.9yrsno datano data
David Shaman
Chief Legal Officer & Secretary8.2yrsno data0.33%
$ 50.5m
Kristin Fallon
Chief Marketing Officer1.2yrsno datano data

1.9yrs

Average Tenure

56yo

Average Age

Experienced Management: BSY's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gregory Bentley
Executive Chairman of the Board28.5yrsUS$19.30m3.47%
$ 531.9m
Nicholas Cumins
CEO and Directorless than a yearUS$2.59m0.12%
$ 18.2m
Keith Bentley
Founder40.9yrsno data6.45%
$ 987.3m
Barry Bentley
Co-Founder & Director40.9yrsUS$50.00k4.88%
$ 747.9m
Kirk Griswold
Independent Director22.9yrsUS$300.00k0.14%
$ 22.2m
Janet Haugen
Lead Independent Director4.3yrsUS$325.00k0.0077%
$ 1.2m
Raymond Bentley
Director9.6yrsUS$50.00k5.74%
$ 879.6m
Brian Hughes
Independent Director4.8yrsUS$325.00k0.0094%
$ 1.4m

16.3yrs

Average Tenure

64yo

Average Age

Experienced Board: BSY's board of directors are seasoned and experienced ( 16.3 years average tenure).