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 $17.54M. The average tenure of the management team and the board of directors is 1.8 years and 16.2 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 | 1.8yrs |
| Board average tenure | 16.2yrs |
Recent management updates
Recent updates
Do Bentley Systems' (NASDAQ:BSY) Earnings Warrant Your Attention?
Oct 30
Bentley: 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 14Calculating The Intrinsic Value Of Bentley Systems, Incorporated (NASDAQ:BSY)
Mar 12Bentley Systems, Incorporated Just Recorded A 78% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 29Bentley Systems' (NASDAQ:BSY) Returns On Capital Not Reflecting Well On The Business
Feb 07Bentley Systems, Incorporated's (NASDAQ:BSY) Shares May Have Run Too Fast Too Soon
Jan 20Bentley Systems (NASDAQ:BSY) Might Be Having Difficulty Using Its Capital Effectively
Oct 23With EPS Growth And More, Bentley Systems (NASDAQ:BSY) Makes An Interesting Case
Oct 08The Returns On Capital At Bentley Systems (NASDAQ:BSY) Don't Inspire Confidence
Jul 24Here's Why We Think Bentley Systems (NASDAQ:BSY) Might Deserve Your Attention Today
Jul 09Bentley Systems (NASDAQ:BSY) Will Want To Turn Around Its Return Trends
Apr 12When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?
Mar 13Do Bentley Systems' (NASDAQ:BSY) Earnings Warrant Your Attention?
Feb 02Estimating The Fair Value Of Bentley Systems, Incorporated (NASDAQ:BSY)
Dec 25When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?
Nov 19Bentley Systems (NASDAQ:BSY) Could Be Struggling To Allocate Capital
Nov 07Bentley Systems, Genesys collaborate to provide 3D mapping capabilities in India
Sep 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD12.74M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 28.4yrs | US$19.30m | 3.47% $ 511.8m | |
| CEO and Director | less than a year | US$2.59m | 0.12% $ 17.5m | |
| Founder | no data | no data | 6.48% $ 954.2m | |
| Co-Founder & Director | 40.8yrs | US$50.00k | 4.88% $ 719.2m | |
| Chief Financial Officer | 2.8yrs | US$2.91m | 0.10% $ 15.0m | |
| Chief Product Officer | 2.2yrs | US$2.32m | 0.022% $ 3.3m | |
| Chief Revenue Officer | 1.8yrs | US$2.62m | 0.019% $ 2.7m | |
| Chief Accounting Officer | no data | no data | 0.0030% $ 446.3k | |
| Chief Technology Officer | 1.6yrs | no data | no data | |
| Investor Relations Officer | 1.8yrs | no data | no data | |
| Chief Legal Officer & Secretary | 8.1yrs | no data | 0.33% $ 48.6m | |
| Chief Marketing Officer | 1.1yrs | no data | no data |
1.8yrs
Average Tenure
56yo
Average Age
Experienced Management: BSY's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 28.4yrs | US$19.30m | 3.47% $ 511.8m | |
| CEO and Director | less than a year | US$2.59m | 0.12% $ 17.5m | |
| Founder | 40.8yrs | no data | 6.48% $ 954.2m | |
| Co-Founder & Director | 40.8yrs | US$50.00k | 4.88% $ 719.2m | |
| Independent Director | 22.8yrs | US$300.00k | 0.14% $ 21.4m | |
| Lead Independent Director | 4.2yrs | US$325.00k | 0.0077% $ 1.1m | |
| Director | 9.5yrs | US$50.00k | 5.74% $ 845.9m | |
| Independent Director | 4.8yrs | US$325.00k | 0.0094% $ 1.4m |
16.2yrs
Average Tenure
64yo
Average Age
Experienced Board: BSY's board of directors are seasoned and experienced ( 16.2 years average tenure).