Open Text Management
Management criteria checks 2/4
Open Text's CEO is Mark Barrenechea, appointed in Jan 2012, has a tenure of 12.5 years. total yearly compensation is $23.25M, comprised of 4.1% salary and 95.9% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth $35.76M. The average tenure of the management team and the board of directors is 5.8 years and 15.1 years respectively.
Key information
Mark Barrenechea
Chief executive officer
US$23.2m
Total compensation
CEO salary percentage | 4.1% |
CEO tenure | 12.5yrs |
CEO ownership | 0.4% |
Management average tenure | 5.8yrs |
Board average tenure | 15.1yrs |
Recent management updates
Recent updates
OpenText Faces Slow Organic Revenue Growth And Higher R&D Expenses
Jul 19Open Text Corporation (NASDAQ:OTEX) Not Flying Under The Radar
Jun 18Is Now An Opportune Moment To Examine Open Text Corporation (NASDAQ:OTEX)?
May 22Open Text (NASDAQ:OTEX) Will Pay A Dividend Of $0.25
May 08Investors Met With Slowing Returns on Capital At Open Text (NASDAQ:OTEX)
May 06Open Text: Decent Cash-Generating Business With Temporary Headwinds
May 05Open Text (NASDAQ:OTEX) Has A Pretty Healthy Balance Sheet
Mar 22Open Text's (NASDAQ:OTEX) Soft Earnings Don't Show The Whole Picture
Feb 08Open Text: Buy The Dip Post Earnings After Solid Q2 Results
Feb 05Open Text's (NASDAQ:OTEX) Returns On Capital Not Reflecting Well On The Business
Jan 28Investors Interested In Open Text Corporation's (NASDAQ:OTEX) Earnings
Jan 15An Intrinsic Calculation For Open Text Corporation (NASDAQ:OTEX) Suggests It's 42% Undervalued
Dec 07Here's Why We Think Open Text (NASDAQ:OTEX) Is Well Worth Watching
Nov 14Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden
Oct 20Open Text (NASDAQ:OTEX) May Have Issues Allocating Its Capital
Oct 07Is There Now An Opportunity In Open Text Corporation (NASDAQ:OTEX)?
Sep 23Here's Why Shareholders May Want To Be Cautious With Increasing Open Text Corporation's (NASDAQ:OTEX) CEO Pay Packet
Sep 08Open Text (NASDAQ:OTEX) Is Increasing Its Dividend To $0.25
Aug 25Open Text (NASDAQ:OTEX) Has Announced That It Will Be Increasing Its Dividend To $0.25
Aug 09Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden
Jul 14Some Investors May Be Worried About Open Text's (NASDAQ:OTEX) Returns On Capital
Jun 19What Is Open Text Corporation's (NASDAQ:OTEX) Share Price Doing?
Jun 05Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 41%?
May 10Returns On Capital At Open Text (NASDAQ:OTEX) Have Stalled
Mar 13Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?
Feb 27Should You Think About Buying Open Text Corporation (NASDAQ:OTEX) Now?
Feb 13Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 33%?
Feb 01Investors Met With Slowing Returns on Capital At Open Text (NASDAQ:OTEX)
Dec 06CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$168m |
Dec 31 2023 | n/a | n/a | US$127m |
Sep 30 2023 | n/a | n/a | US$348m |
Jun 30 2023 | US$23m | US$950k | US$150m |
Mar 31 2023 | n/a | n/a | US$301m |
Dec 31 2022 | n/a | n/a | US$318m |
Sep 30 2022 | n/a | n/a | US$148m |
Jun 30 2022 | US$16m | US$950k | US$397m |
Mar 31 2022 | n/a | n/a | US$476m |
Dec 31 2021 | n/a | n/a | US$493m |
Sep 30 2021 | n/a | n/a | US$339m |
Jun 30 2021 | US$21m | US$891k | US$311m |
Mar 31 2021 | n/a | n/a | US$156m |
Dec 31 2020 | n/a | n/a | US$90m |
Sep 30 2020 | n/a | n/a | US$263m |
Jun 30 2020 | US$10m | US$932k | US$234m |
Mar 31 2020 | n/a | n/a | US$280m |
Dec 31 2019 | n/a | n/a | US$327m |
Sep 30 2019 | n/a | n/a | US$324m |
Jun 30 2019 | US$8m | US$950k | US$286m |
Mar 31 2019 | n/a | n/a | US$275m |
Dec 31 2018 | n/a | n/a | US$261m |
Sep 30 2018 | n/a | n/a | US$242m |
Jun 30 2018 | US$7m | US$950k | US$242m |
Compensation vs Market: Mark's total compensation ($USD23.25M) is above average for companies of similar size in the US market ($USD8.38M).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mark Barrenechea (59 yo)
12.5yrs
Tenure
US$23,248,282
Compensation
Mr. Mark J. Barrenechea has been the Chief Executive Officer of OpenText Public Sector Solutions, Inc. and served as its President since January 2, 2012. He has been Chief Technology Officer at OpenText si...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Vice Chairman | 12.5yrs | US$23.25m | 0.44% $ 35.8m | |
President & Chief Customer Officer | less than a year | US$4.07m | 0.0040% $ 322.7k | |
President | 6.3yrs | US$5.41m | 0.010% $ 816.9k | |
Executive VP & Chief Product Officer | 12.1yrs | US$4.35m | 0.040% $ 3.2m | |
Senior VP & Chief Accounting Officer | 1.6yrs | no data | 0.0010% $ 81.3k | |
Senior VP & Global Head of Investor Relations | no data | no data | no data | |
Executive VP | 2.5yrs | no data | 0.0027% $ 217.0k | |
Executive VP & Chief Marketing Officer | 2.5yrs | no data | no data | |
President of OpenText Worldwide Sales | less than a year | no data | no data | |
Executive VP & Chief Human Resources Officer | 5.8yrs | no data | 0.0047% $ 384.5k | |
Executive Vice President of International Sales | 12.4yrs | no data | 0.0078% $ 632.4k | |
Executive Vice President of Cybersecurity Sales | 8.3yrs | no data | 0.0069% $ 556.8k |
5.8yrs
Average Tenure
54yo
Average Age
Experienced Management: OTEX's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Vice Chairman | 12.5yrs | US$23.25m | 0.44% $ 35.8m | |
Independent Director | 15.6yrs | US$469.83k | 0.0097% $ 787.6k | |
Independent Director | 14.6yrs | US$492.86k | 0.0076% $ 614.5k | |
Independent Director | 17.6yrs | US$435.56k | 0% $ 0 | |
Non-Independent Director | 26.8yrs | US$780.50k | 0.13% $ 10.7m | |
Independent Lead Director | 26.3yrs | US$491.83k | 0.074% $ 6.0m | |
Independent Director | 26.3yrs | US$503.37k | 0.15% $ 12.6m | |
Independent Chairman of the Board | 29.6yrs | US$661.68k | 1.15% $ 93.6m | |
Director | less than a year | no data | no data | |
Independent Director | 3.8yrs | US$367.32k | 0% $ 0 | |
Independent Director | 3.1yrs | US$352.68k | 0% $ 0 | |
Independent Director | 5.8yrs | US$370.89k | 0.00010% $ 8.1k |
15.1yrs
Average Tenure
64yo
Average Age
Experienced Board: OTEX's board of directors are seasoned and experienced ( 15.1 years average tenure).