Open Text Management
Management criteria checks 3/4
Open Text's CEO is Mark Barrenechea, appointed in Jan 2012, has a tenure of 12.92 years. total yearly compensation is $14.74M, comprised of 6.4% salary and 93.6% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $33.33M. The average tenure of the management team and the board of directors is 2.9 years and 12.9 years respectively.
Key information
Mark Barrenechea
Chief executive officer
US$14.7m
Total compensation
| CEO salary percentage | 6.4% |
| CEO tenure | 12.9yrs |
| CEO ownership | 0.5% |
| Management average tenure | 2.9yrs |
| Board average tenure | 12.9yrs |
Recent management updates
Recent updates
Open Text: Not Quite As Cheap As It Seems, But Still A Buy
Dec 05Is Now An Opportune Moment To Examine Open Text Corporation (NASDAQ:OTEX)?
Nov 14
These 4 Measures Indicate That Open Text (NASDAQ:OTEX) Is Using Debt Reasonably Well
Oct 19Returns At Open Text (NASDAQ:OTEX) Appear To Be Weighed Down
Oct 04OpenText 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 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$469m |
| Jun 30 2024 | US$15m | US$950k | US$465m |
| 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$242m |
Compensation vs Market: Mark's total compensation ($USD14.74M) is above average for companies of similar size in the US market ($USD8.04M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Barrenechea (59 yo)
12.9yrs
Tenure
US$14,742,736
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 | 12.9yrs | US$14.74m | 0.46% $ 33.3m | |
| President & Chief Customer Officer | less than a year | US$4.48m | 0.0056% $ 406.4k | |
| President | 6.7yrs | US$5.30m | 0.014% $ 1.0m | |
| President of OpenText Worldwide Sales | less than a year | US$6.34m | no data | |
| Executive VP & Chief Product Officer | 12.5yrs | US$3.93m | 0.043% $ 3.1m | |
| Senior VP & Chief Accounting Officer | 2yrs | no data | 0.0014% $ 101.2k | |
| Senior VP & Global Head of Investor Relations | no data | no data | no data | |
| Executive VP | 2.9yrs | no data | 0.0031% $ 224.2k | |
| Executive VP & Chief Marketing Officer | 2.9yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 6.2yrs | no data | 0.0047% $ 342.0k | |
| Executive Vice President of International Sales | 12.8yrs | no data | 0.0095% $ 687.6k | |
| Executive Vice President of Sales Operations | 1.9yrs | no data | 0.0041% $ 298.6k |
2.9yrs
Average Tenure
55yo
Average Age
Experienced Management: OTEX's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman | 12.9yrs | US$14.74m | 0.46% $ 33.3m | |
| Independent Director | 16yrs | US$490.38k | 0.0097% $ 701.4k | |
| Independent Director | 15yrs | US$516.76k | 0.0076% $ 547.4k | |
| Non-Independent Director | 27.3yrs | US$485.41k | 0.13% $ 9.5m | |
| Independent Lead Director | 26.8yrs | US$503.03k | 0.074% $ 5.3m | |
| Independent Chairman of the Board | 30yrs | US$672.61k | 1.15% $ 83.3m | |
| Independent Director | less than a year | US$267.90k | 0% $ 0 | |
| Independent Director | 4.3yrs | US$375.36k | 0% $ 0 | |
| Independent Director | 6.3yrs | US$393.39k | 0.00010% $ 7.2k | |
| Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
12.9yrs
Average Tenure
63yo
Average Age
Experienced Board: OTEX's board of directors are seasoned and experienced ( 12.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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 |
| |
| 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 here.
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 .
Analyst Sources
Open Text Corporation is covered by 33 analysts. 13 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 |
|---|---|
| Kadambari Daptardar | Accountability Research Corporation |
| Raimo Lenschow | Barclays |
| Phillip Huang | Barclays |