BILL Holdings Management
Management criteria checks 3/4
BILL Holdings' CEO is Rene Lacerte, appointed in Apr 2006, has a tenure of 18.67 years. total yearly compensation is $14.38M, comprised of 4.3% salary and 95.7% bonuses, including company stock and options. directly owns 2.59% of the company’s shares, worth $240.38M. The average tenure of the management team and the board of directors is 2.5 years and 4.8 years respectively.
Key information
Rene Lacerte
Chief executive officer
US$14.4m
Total compensation
| CEO salary percentage | 4.3% |
| CEO tenure | 18.7yrs |
| CEO ownership | 2.6% |
| Management average tenure | 2.5yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
BILL Holdings, Inc. (NYSE:BILL) Stock Rockets 59% As Investors Are Less Pessimistic Than Expected
Dec 05
Calculating The Intrinsic Value Of BILL Holdings, Inc. (NYSE:BILL)
Nov 08Bill Holdings: Rapidly Growing Accounting SaaS At Discounted Price
Oct 31BILL Holdings: Assessing The Potential For A Growth Inflection
Oct 25Is BILL Holdings (NYSE:BILL) Using Too Much Debt?
Oct 18What Does BILL Holdings, Inc.'s (NYSE:BILL) Share Price Indicate?
Sep 27Revenues Not Telling The Story For BILL Holdings, Inc. (NYSE:BILL) After Shares Rise 26%
Sep 06BILL Holdings: Stock Looks Unattractive In The Near-Term
Aug 24Are Investors Undervaluing BILL Holdings, Inc. (NYSE:BILL) By 39%?
Jun 28BILL Holdings: Still A Sell? Maybe Not (Rating Upgrade)
Jun 14BILL Holdings, Inc. (NYSE:BILL) Not Flying Under The Radar
Jun 09BILL Holdings: I'm Buying At YTD Lows (Rating Upgrade)
May 26BILL Holdings (NYSE:BILL) Has Debt But No Earnings; Should You Worry?
May 22BILL Holdings: Competition With Intuit And Overvaluation Make It A Sell
May 04Is It Too Late To Consider Buying BILL Holdings, Inc. (NYSE:BILL)?
Apr 15BILL Holdings: Avoid This Stock (Rating Downgrade)
Apr 12Estimating The Fair Value Of BILL Holdings, Inc. (NYSE:BILL)
Mar 25BILL Holdings, Inc.: New Game Plan For Success In 2024
Feb 12Is BILL Holdings (NYSE:BILL) Weighed On By Its Debt Load?
Feb 11BILL Holdings, Inc.'s (NYSE:BILL) Shares May Have Run Too Fast Too Soon
Jan 20BILL Holdings Faces Investor Caution While Being Priced At 40x EPS
Jan 17Is BILL Holdings, Inc. (NYSE:BILL) Potentially Undervalued?
Dec 30BILL Holdings: Buy The Crash
Dec 03BILL Holdings: A Speedy Transformation To Profitability, Undervalued By The Market
Nov 02BILL Holdings: Despite Macro Headwinds, Stock Remains Attractive
Sep 29BILL Holdings: A Lot Of Its Upside Is Already Priced In
Sep 06BILL Holdings Q4: Operating Metrics Are Still Mixed, Reiterate Hold
Aug 29BILL Holdings: Big Opportunity With Small Business
Jul 26Bill.com: Finally, It's Time To Go Long
Jun 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$8m |
| Jun 30 2024 | US$14m | US$613k | -US$29m |
| Mar 31 2024 | n/a | n/a | -US$52m |
| Dec 31 2023 | n/a | n/a | -US$115m |
| Sep 30 2023 | n/a | n/a | -US$170m |
| Jun 30 2023 | US$18m | US$550k | -US$224m |
| Mar 31 2023 | n/a | n/a | -US$293m |
| Dec 31 2022 | n/a | n/a | -US$348m |
| Sep 30 2022 | n/a | n/a | -US$334m |
| Jun 30 2022 | US$14m | US$500k | -US$326m |
| Mar 31 2022 | n/a | n/a | -US$283m |
| Dec 31 2021 | n/a | n/a | -US$223m |
| Sep 30 2021 | n/a | n/a | -US$160m |
| Jun 30 2021 | US$1m | US$445k | -US$99m |
| Mar 31 2021 | n/a | n/a | -US$66m |
| Dec 31 2020 | n/a | n/a | -US$48m |
| Sep 30 2020 | n/a | n/a | -US$38m |
| Jun 30 2020 | US$17m | US$402k | -US$31m |
| Mar 31 2020 | n/a | n/a | -US$26m |
| Dec 31 2019 | n/a | n/a | -US$20m |
| Sep 30 2019 | n/a | n/a | -US$12m |
| Jun 30 2019 | US$5m | US$350k | -US$7m |
Compensation vs Market: Rene's total compensation ($USD14.38M) is above average for companies of similar size in the US market ($USD8.04M).
Compensation vs Earnings: Rene's compensation has been consistent with company performance over the past year.
CEO
Rene Lacerte (57 yo)
18.7yrs
Tenure
US$14,377,971
Compensation
Mr. Rene A. Lacerte is the Founder of BILL Holdings, Inc. since April 2006 and serves as its Chief Executive Officer since April 2006. He serves as Chairperson of the Board at BILL Holdings, Inc. (formerly...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.7yrs | US$14.38m | 2.59% $ 240.4m | |
| President & CFO | 10.5yrs | US$10.56m | 0.15% $ 13.5m | |
| Chief Legal & Compliance Officer and Secretary | 8.3yrs | US$2.88m | 0.0076% $ 699.5k | |
| Chief Operating Officer | 2.3yrs | no data | no data | |
| Senior Vice President of Finance & Accounting | 2.9yrs | no data | 0.0066% $ 612.4k | |
| Chief Technology Officer | 1.7yrs | no data | 0.11% $ 10.1m | |
| VP of Investor Relations | no data | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Chief Customer Officer | less than a year | no data | no data | |
| VP & Chief Information Security Officer | 2.8yrs | no data | no data | |
| EVP and GM of Payments & Financial Services | less than a year | no data | no data |
2.5yrs
Average Tenure
57yo
Average Age
Experienced Management: BILL's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.7yrs | US$14.38m | 2.59% $ 240.4m | |
| Independent Director | 17.3yrs | US$239.99k | 0.22% $ 20.4m | |
| Independent Director | 5.6yrs | US$252.49k | 0.0062% $ 576.3k | |
| Independent Director | 5.6yrs | US$261.49k | 0.033% $ 3.1m | |
| Independent Director | 2.6yrs | US$236.49k | 0.0067% $ 621.7k | |
| Independent Director | 8.6yrs | US$236.49k | 0.040% $ 3.7m | |
| Independent Director | 3.3yrs | US$247.97k | 0.014% $ 1.3m | |
| Lead Independent Director | 4.3yrs | US$250.49k | 0.0086% $ 799.6k | |
| Independent Director | 2.2yrs | US$239.99k | 0.00095% $ 88.0k | |
| Independent Director | 3.8yrs | US$247.49k | 0.0072% $ 662.4k | |
| Independent Director | 5.4yrs | US$249.15k | 0.0062% $ 576.3k | |
| Independent Director | 2.5yrs | US$257.99k | 0.0060% $ 553.1k |
4.8yrs
Average Tenure
56.5yo
Average Age
Experienced Board: BILL's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:16 |
| 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 |
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| Management | 10 years |
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| 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
BILL Holdings, Inc. is covered by 35 analysts. 24 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 |
|---|---|
| David Koning | Baird |
| Ishan Majumdar | Baptista Research |
| null null | BMO Capital Markets Equity Research |