Open Text Corporation

NasdaqGS:OTEX Stock Report

Market Cap: US$9.5b

Open Text Management

Management criteria checks 2/4

Open Text's CEO is Mark Barrenechea, appointed in Jan 2012, has a tenure of 12.25 years. total yearly compensation is $23.25M, comprised of 4.1% salary and 95.9% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $41.32M. The average tenure of the management team and the board of directors is 2.7 years and 14.8 years respectively.

Key information

Mark Barrenechea

Chief executive officer

US$23.2m

Total compensation

CEO salary percentage4.1%
CEO tenure12.3yrs
CEO ownership0.4%
Management average tenure2.7yrs
Board average tenure14.8yrs

Recent management updates

Recent updates

Open Text (NASDAQ:OTEX) Has A Pretty Healthy Balance Sheet

Mar 22
Open Text (NASDAQ:OTEX) Has A Pretty Healthy Balance Sheet

Open Text's (NASDAQ:OTEX) Soft Earnings Don't Show The Whole Picture

Feb 08
Open Text's (NASDAQ:OTEX) Soft Earnings Don't Show The Whole Picture

Open Text: Buy The Dip Post Earnings After Solid Q2 Results

Feb 05

Open Text's (NASDAQ:OTEX) Returns On Capital Not Reflecting Well On The Business

Jan 28
Open Text's (NASDAQ:OTEX) Returns On Capital Not Reflecting Well On The Business

Investors Interested In Open Text Corporation's (NASDAQ:OTEX) Earnings

Jan 15
Investors Interested In Open Text Corporation's (NASDAQ:OTEX) Earnings

An Intrinsic Calculation For Open Text Corporation (NASDAQ:OTEX) Suggests It's 42% Undervalued

Dec 07
An Intrinsic Calculation For Open Text Corporation (NASDAQ:OTEX) Suggests It's 42% Undervalued

Here's Why We Think Open Text (NASDAQ:OTEX) Is Well Worth Watching

Nov 14
Here's Why We Think Open Text (NASDAQ:OTEX) Is Well Worth Watching

Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden

Oct 20
Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden

Open Text (NASDAQ:OTEX) May Have Issues Allocating Its Capital

Oct 07
Open Text (NASDAQ:OTEX) May Have Issues Allocating Its Capital

Is There Now An Opportunity In Open Text Corporation (NASDAQ:OTEX)?

Sep 23
Is There Now An Opportunity In Open Text Corporation (NASDAQ:OTEX)?

Here's Why Shareholders May Want To Be Cautious With Increasing Open Text Corporation's (NASDAQ:OTEX) CEO Pay Packet

Sep 08
Here's Why Shareholders May Want To Be Cautious With Increasing Open Text Corporation's (NASDAQ:OTEX) CEO Pay Packet

Open Text (NASDAQ:OTEX) Is Increasing Its Dividend To $0.25

Aug 25
Open Text (NASDAQ:OTEX) Is Increasing Its Dividend To $0.25

Open Text (NASDAQ:OTEX) Has Announced That It Will Be Increasing Its Dividend To $0.25

Aug 09
Open Text (NASDAQ:OTEX) Has Announced That It Will Be Increasing Its Dividend To $0.25

Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden

Jul 14
Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden

Some Investors May Be Worried About Open Text's (NASDAQ:OTEX) Returns On Capital

Jun 19
Some Investors May Be Worried About Open Text's (NASDAQ:OTEX) Returns On Capital

What Is Open Text Corporation's (NASDAQ:OTEX) Share Price Doing?

Jun 05
What Is Open Text Corporation's (NASDAQ:OTEX) Share Price Doing?

Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 41%?

May 10
Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 41%?

Returns On Capital At Open Text (NASDAQ:OTEX) Have Stalled

Mar 13
Returns On Capital At Open Text (NASDAQ:OTEX) Have Stalled

Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?

Feb 27
Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?

Should You Think About Buying Open Text Corporation (NASDAQ:OTEX) Now?

Feb 13
Should You Think About Buying Open Text Corporation (NASDAQ:OTEX) Now?

Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 33%?

Feb 01
Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 33%?

Investors Met With Slowing Returns on Capital At Open Text (NASDAQ:OTEX)

Dec 06
Investors Met With Slowing Returns on Capital At Open Text (NASDAQ:OTEX)

Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?

Nov 20
Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?

Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 50%?

Nov 02
Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 50%?

What Does Open Text Corporation's (NASDAQ:OTEX) Share Price Indicate?

Oct 19
What Does Open Text Corporation's (NASDAQ:OTEX) Share Price Indicate?

Micro Focus International approves all-cash offer by OpenText

Oct 18

OpenText and Solarity enter strategic partnership

Sep 28

Open Text (NASDAQ:OTEX) Is Paying Out A Larger Dividend Than Last Year

Aug 27
Open Text (NASDAQ:OTEX) Is Paying Out A Larger Dividend Than Last Year

OpenText to acquire Micro Focus International for 532 pence/share

Aug 26

CEO Compensation Analysis

How has Mark Barrenechea's remuneration changed compared to Open Text's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$127m

Sep 30 2023n/an/a

US$348m

Jun 30 2023US$23mUS$950k

US$150m

Mar 31 2023n/an/a

US$301m

Dec 31 2022n/an/a

US$318m

Sep 30 2022n/an/a

US$148m

Jun 30 2022US$16mUS$950k

US$397m

Mar 31 2022n/an/a

US$476m

Dec 31 2021n/an/a

US$493m

Sep 30 2021n/an/a

US$339m

Jun 30 2021US$21mUS$891k

US$311m

Mar 31 2021n/an/a

US$156m

Dec 31 2020n/an/a

US$90m

Sep 30 2020n/an/a

US$263m

Jun 30 2020US$10mUS$932k

US$234m

Mar 31 2020n/an/a

US$280m

Dec 31 2019n/an/a

US$327m

Sep 30 2019n/an/a

US$324m

Jun 30 2019US$8mUS$950k

US$286m

Mar 31 2019n/an/a

US$275m

Dec 31 2018n/an/a

US$261m

Sep 30 2018n/an/a

US$242m

Jun 30 2018US$7mUS$950k

US$242m

Mar 31 2018n/an/a

US$227m

Dec 31 2017n/an/a

US$189m

Sep 30 2017n/an/a

US$149m

Jun 30 2017US$12mUS$945k

US$1b

Compensation vs Market: Mark's total compensation ($USD23.25M) is above average for companies of similar size in the US market ($USD8.30M).

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 (58 yo)

12.3yrs

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

NamePositionTenureCompensationOwnership
Mark Barrenechea
Vice Chairman12.3yrsUS$23.25m0.43%
$ 41.3m
Paul Duggan
President & Chief Customer Officerno dataUS$4.07m0.0039%
$ 373.4k
Madhu Ranganathan
President6yrsUS$5.41m0.0099%
$ 943.9k
Muhi Majzoub
Executive VP & Chief Product Officer11.8yrsUS$4.35m0.039%
$ 3.7m
Simon Harrison
Executive Vice President of Enterprise Sales3.1yrsUS$4.38m0.011%
$ 1.1m
Cosmin Balota
Senior VP & Chief Accounting Officer1.3yrsno data0.00094%
$ 89.5k
Harry Blount
Senior VP & Global Head of Investor Relationsno datano datano data
Michael Acedo
Executive VP2.3yrsno data0.0026%
$ 250.5k
Jen Bell
Vice President & Chief Communications Officerno datano datano data
Sandy Ono
Executive VP & Chief Marketing Officer2.3yrsno datano data
Todd Cione
President of OpenText Worldwide Salesno datano datano data
Brian Sweeney
Executive VP & Chief Human Resources Officer5.5yrsno data0.0047%
$ 443.9k

2.7yrs

Average Tenure

53yo

Average Age

Experienced Management: OTEX's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Barrenechea
Vice Chairman12.3yrsUS$23.25m0.43%
$ 41.3m
Katharine Stevenson
Independent Director15.3yrsUS$469.83k0.0096%
$ 910.6k
Deborah Weinstein
Independent Director14.3yrsUS$492.86k0.0075%
$ 710.6k
Gail Hamilton
Independent Director17.3yrsUS$435.56k0%
$ 0
Stephen Sadler
Non-Independent Director26.6yrsUS$780.50k0.13%
$ 12.3m
Randy Fowlie
Independent Lead Director26.1yrsUS$491.83k0.073%
$ 6.9m
Michael Slaunwhite
Independent Director26.1yrsUS$503.37k0.25%
$ 23.4m
Paul Jenkins
Independent Chairman of the Board29.3yrsUS$661.68k1.14%
$ 108.2m
Goldy Hyder
Directorless than a yearno datano data
Robert Hau
Independent Director3.6yrsUS$367.32k0%
$ 0
Ann M. Judge
Independent Director2.8yrsUS$352.68k0%
$ 0
David Fraser
Independent Director5.6yrsUS$370.89k0.000090%
$ 8.6k

14.8yrs

Average Tenure

63yo

Average Age

Experienced Board: OTEX's board of directors are seasoned and experienced ( 14.8 years average tenure).


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