Bentley Systems Management
Management criteria checks 4/4
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 $15.74M. The average tenure of the management team and the board of directors is 2.7 years and 16.5 years respectively.
Key information
Nicholas Cumins
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 24.5% |
| CEO tenure | less than a year |
| CEO ownership | 0.1% |
| Management average tenure | 2.7yrs |
| Board average tenure | 16.5yrs |
Recent management updates
Recent updates
Bentley Systems Faces Political Uncertainties Amid High Valuation (Downgrade)
Feb 28Should You Be Adding Bentley Systems (NASDAQ:BSY) To Your Watchlist Today?
Feb 21
Are Bentley Systems, Incorporated (NASDAQ:BSY) Investors Paying Above The Intrinsic Value?
Feb 06Be Wary Of Bentley Systems (NASDAQ:BSY) And Its Returns On Capital
Jan 23Bentley Systems: Undervalued Stock With Robust Operational Efficiency Presents A Buying Opportunity
Jan 15Subdued Growth No Barrier To Bentley Systems, Incorporated's (NASDAQ:BSY) Price
Dec 27Bentley Systems: Rating Upgrade On Cheaper Valuation And Positive Growth Outlook
Dec 27These 4 Measures Indicate That Bentley Systems (NASDAQ:BSY) Is Using Debt Reasonably Well
Nov 27Do Bentley Systems' (NASDAQ:BSY) Earnings Warrant Your Attention?
Oct 30Bentley: Becoming Bullish Considering Growth Initiatives And Earnings Quality (Rating Upgrade)
Oct 21Bentley Systems (NASDAQ:BSY) May Have Issues Allocating Its Capital
Oct 16Why Bentley Systems, Incorporated (NASDAQ:BSY) Could Be Worth Watching
Oct 01Bentley Systems, Incorporated's (NASDAQ:BSY) Popularity With Investors Is Under Threat From Overpricing
Sep 17Bentley Systems' (NASDAQ:BSY) Solid Profits Have Weak Fundamentals
Aug 19Bentley Systems: Valuation Is A Concern On Economic Uneasiness (Downgrade)
Aug 08Bentley Systems, Incorporated (NASDAQ:BSY) Shares Could Be 28% Above Their Intrinsic Value Estimate
Jul 31Bentley Systems (NASDAQ:BSY) Is Reinvesting At Lower Rates Of Return
Jul 15When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?
Jun 30What Bentley Systems, Incorporated's (NASDAQ:BSY) P/E Is Not Telling You
Jun 12Bentley Systems: Premium Business Trading At Premium Valuation
May 23Bentley Systems, Incorporated Just Beat EPS By 22%: Here's What Analysts Think Will Happen Next
May 10Is Bentley Systems (NASDAQ:BSY) A Risky Investment?
Apr 29Here's Why Bentley Systems (NASDAQ:BSY) Has Caught The Eye Of Investors
Apr 17Should You Think About Buying Bentley Systems, Incorporated (NASDAQ:BSY) Now?
Mar 24Bentley Systems: Keep This On Your Watchlist
Mar 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$235m |
| Sep 30 2024 | n/a | n/a | US$364m |
| Jun 30 2024 | n/a | n/a | US$375m |
| Mar 31 2024 | n/a | n/a | US$352m |
| Dec 31 2023 | US$3m | US$634k | US$327m |
| Sep 30 2023 | n/a | n/a | US$173m |
| Jun 30 2023 | n/a | n/a | US$157m |
| Mar 31 2023 | n/a | n/a | US$164m |
| Dec 31 2022 | US$9m | US$653k | US$175m |
| Sep 30 2022 | n/a | n/a | US$188m |
| Jun 30 2022 | n/a | n/a | US$103m |
| Mar 31 2022 | n/a | n/a | US$93m |
| Dec 31 2021 | US$2m | US$441k | US$93m |
Compensation vs Market: Nicholas's total compensation ($USD2.59M) is below average for companies of similar size in the US market ($USD13.02M).
Compensation vs Earnings: Nicholas's compensation has been consistent with company performance over the past year.
CEO
Nicholas Cumins (46 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Executive Chairman of the Board | 28.8yrs | US$19.30m | 3.47% $ 439.8m | |
| CEO & Director | less than a year | US$2.59m | 0.12% $ 15.7m | |
| Founder | no data | no data | 6.41% $ 811.7m | |
| Co-Founder & Director | 41.2yrs | US$50.00k | 4.87% $ 616.8m | |
| Chief Financial Officer | 3.2yrs | US$2.91m | 0.11% $ 13.4m | |
| Chief Revenue Officer | 2.2yrs | US$2.62m | 0.018% $ 2.2m | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Accounting Officer & Global Controller | no data | no data | 0.0035% $ 448.4k | |
| Chief Technology Officer | 1.9yrs | no data | no data | |
| Investor Relations Officer | 2.2yrs | no data | no data | |
| Chief Legal Officer & Secretary | 8.4yrs | no data | 0.32% $ 40.4m | |
| Senior Vice President of Project Delivery - Global | 25.2yrs | no data | no data |
2.7yrs
Average Tenure
55yo
Average Age
Experienced Management: BSY's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Executive Chairman of the Board | 28.8yrs | US$19.30m | 3.47% $ 439.8m | |
| CEO & Director | less than a year | US$2.59m | 0.12% $ 15.7m | |
| Founder | 41.2yrs | no data | 6.41% $ 811.7m | |
| Co-Founder & Director | 41.2yrs | US$50.00k | 4.87% $ 616.8m | |
| Independent Director | 23.2yrs | US$300.00k | 0.14% $ 18.3m | |
| Lead Independent Director | 4.5yrs | US$325.00k | 0.0077% $ 972.9k | |
| Director | 9.8yrs | US$50.00k | 5.37% $ 680.6m | |
| Independent Director | 5.1yrs | US$325.00k | 0.0094% $ 1.2m |
16.5yrs
Average Tenure
64yo
Average Age
Experienced Board: BSY's board of directors are seasoned and experienced ( 16.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/14 06:13 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| 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 |
| |
| 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.
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 Github.
Analyst Sources
Bentley Systems, Incorporated is covered by 25 analysts. 15 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 |
|---|---|
| Joseph Vruwink | Baird |
| Gal Munda | Berenberg |
| Michael Funk | BofA Global Research |