Vertex, Inc.

NasdaqGM:VERX Stock Report

Market Cap: US$8.3b

Vertex Management

Management criteria checks 4/4

Vertex's CEO is David DeStefano, appointed in Nov 2016, has a tenure of 8.83 years. total yearly compensation is $7.53M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $26.26M. The average tenure of the management team and the board of directors is 4.8 years and 7.3 years respectively.

Key information

David DeStefano

Chief executive officer

US$7.5m

Total compensation

CEO salary percentage7.8%
CEO tenure8yrs
CEO ownership0.3%
Management average tenure4.8yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

Vertex, Inc.'s (NASDAQ:VERX) Shares Climb 28% But Its Business Is Yet to Catch Up

Nov 22
Vertex, Inc.'s (NASDAQ:VERX) Shares Climb 28% But Its Business Is Yet to Catch Up

Vertex, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 09
Vertex, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital

Oct 24
There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital

Vertex, Inc.: Growth Momentum Continues With FCF Conversion Rates Inflecting Upwards

Aug 21

Vertex's (NASDAQ:VERX) Performance Is Even Better Than Its Earnings Suggest

Aug 14
Vertex's (NASDAQ:VERX) Performance Is Even Better Than Its Earnings Suggest

Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

Aug 02
Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

Pinning Down Vertex, Inc.'s (NASDAQ:VERX) P/S Is Difficult Right Now

Jun 10
Pinning Down Vertex, Inc.'s (NASDAQ:VERX) P/S Is Difficult Right Now

Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?

Apr 18
Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?

Vertex: EPS Better Than Expected, Cloud Offerings, And Cheap

Mar 19

A Look At The Fair Value Of Vertex, Inc. (NASDAQ:VERX)

Nov 13
A Look At The Fair Value Of Vertex, Inc. (NASDAQ:VERX)

An Intrinsic Calculation For Vertex, Inc. (NASDAQ:VERX) Suggests It's 30% Undervalued

Aug 14
An Intrinsic Calculation For Vertex, Inc. (NASDAQ:VERX) Suggests It's 30% Undervalued

Vertex, Inc. (NASDAQ:VERX) Investors Are Less Pessimistic Than Expected

May 22
Vertex, Inc. (NASDAQ:VERX) Investors Are Less Pessimistic Than Expected

Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

Apr 09
Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

Vertex, Inc. (NASDAQ:VERX) Shares Could Be 21% Below Their Intrinsic Value Estimate

Dec 29
Vertex, Inc. (NASDAQ:VERX) Shares Could Be 21% Below Their Intrinsic Value Estimate

Vertex Growth Remains Challenged Despite Integration Push

Oct 01

Is Vertex, Inc. (NASDAQ:VERX) Trading At A 34% Discount?

Aug 31
Is Vertex, Inc. (NASDAQ:VERX) Trading At A 34% Discount?

Vertex: A Valuation Re-Rating Play Of A Non-Discretionary Business

Aug 27

Vertex reports Q2 earnings; raises FY22 revenue guidance and issues Q3 outlook

Aug 09

CEO Compensation Analysis

How has David DeStefano's remuneration changed compared to Vertex's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$30m

Jun 30 2024n/an/a

US$20m

Mar 31 2024n/an/a

US$8m

Dec 31 2023US$8mUS$590k

-US$13m

Sep 30 2023n/an/a

-US$34m

Jun 30 2023n/an/a

-US$31m

Mar 31 2023n/an/a

-US$30m

Dec 31 2022US$7mUS$572k

-US$12m

Sep 30 2022n/an/a

-US$8m

Jun 30 2022n/an/a

-US$10m

Mar 31 2022n/an/a

-US$4m

Dec 31 2021US$7mUS$572k

-US$1m

Sep 30 2021n/an/a

US$3m

Jun 30 2021n/an/a

-US$14m

Mar 31 2021n/an/a

-US$44m

Dec 31 2020US$6mUS$592k

-US$75m

Sep 30 2020n/an/a

-US$74m

Jun 30 2020n/an/a

-US$42m

Mar 31 2020n/an/a

-US$5m

Dec 31 2019US$1mUS$530k

US$31m

Compensation vs Market: David's total compensation ($USD7.53M) is about average for companies of similar size in the US market ($USD7.94M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David DeStefano (61 yo)

8yrs

Tenure

US$7,531,591

Compensation

Mr. David DeStefano is the Chief Executive Officer of Vertex Inc. since November 2, 2016 and also serves as its President since November 2016 and has been Director since 2016. He serves as the Chairman of...

Leadership Team

NamePositionTenureCompensationOwnership
David DeStefano
CEO, President & Chairman of the Board8yrsUS$7.53m0.32%
$ 26.3m
Amanda Radcliffe
Co-Owner & Independent Directorno dataUS$248.01k21.33%
$ 1.8b
Stefanie Thompson
Co-Owner & Independent Directorno dataUS$242.01k21.15%
$ 1.8b
John Schwab
Chief Financial Officer4.8yrsUS$2.70m0.034%
$ 2.8m
Bryan T. Rowland
Senior VP7.3yrsUS$904.01k0%
$ 0
Ray Westphal
Founderno datano datano data
Steven Hinckley
Chief Operating Officer4.8yrsno datano data
Ryan Leib
Chief Accounting Officerless than a yearno datano data
Salvatore Visca
Chief Technology Officer3.7yrsno datano data
Ben Askin
Chief Information Officer4.8yrsno datano data
Joseph Crivelli
Vice President of Investor Relationsno datano datano data
Jeff Foucher
Chief Marketing Officer7.3yrsno datano data

4.8yrs

Average Tenure

56yo

Average Age

Experienced Management: VERX's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David DeStefano
CEO, President & Chairman of the Board8.8yrsUS$7.53m0.32%
$ 26.3m
Amanda Radcliffe
Co-Owner & Independent Director31.8yrsUS$248.01k21.33%
$ 1.8b
Stefanie Thompson
Co-Owner & Independent Directorno dataUS$242.01k21.15%
$ 1.8b
Eric Andersen
Lead Independent Director16.8yrsUS$283.01k0.053%
$ 4.4m
J. Stamm
Independent Director5.8yrsUS$269.51k0.011%
$ 889.3k
Philip Saunders
Independent Director2.4yrsUS$259.51k0.019%
$ 1.6m
Bradley Gayton
Independent Director3.5yrsUS$255.51k0.024%
$ 2.0m

7.3yrs

Average Tenure

61yo

Average Age

Experienced Board: VERX's board of directors are considered experienced (7.3 years average tenure).