BILL Holdings Management
Management criteria checks 2/4
BILL Holdings' CEO is Rene Lacerte, appointed in Apr 2006, has a tenure of 18.25 years. total yearly compensation is $17.72M, comprised of 3.1% salary and 96.9% bonuses, including company stock and options. directly owns 2.5% of the company’s shares, worth $138.61M. The average tenure of the management team and the board of directors is 2.3 years and 4.4 years respectively.
Key information
Rene Lacerte
Chief executive officer
US$17.7m
Total compensation
| CEO salary percentage | 3.1% |
| CEO tenure | 18.3yrs |
| CEO ownership | 2.5% |
| Management average tenure | 2.3yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
Are Investors Undervaluing BILL Holdings, Inc. (NYSE:BILL) By 39%?
Jun 28
BILL 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 30A Look At The Fair Value Of BILL Holdings, Inc. (NYSE:BILL)
Dec 08BILL Holdings: Buy The Crash
Dec 03Health Check: How Prudently Does BILL Holdings (NYSE:BILL) Use Debt?
Nov 09BILL Holdings: A Speedy Transformation To Profitability, Undervalued By The Market
Nov 02BILL Holdings: Despite Macro Headwinds, Stock Remains Attractive
Sep 29Is It Too Late To Consider Buying BILL Holdings, Inc. (NYSE:BILL)?
Sep 24BILL Holdings: A Lot Of Its Upside Is Already Priced In
Sep 06BILL Holdings, Inc. (NYSE:BILL) Shares Could Be 29% Above Their Intrinsic Value Estimate
Sep 01BILL Holdings Q4: Operating Metrics Are Still Mixed, Reiterate Hold
Aug 29BILL Holdings (NYSE:BILL) Has Debt But No Earnings; Should You Worry?
Aug 11BILL Holdings: Big Opportunity With Small Business
Jul 26Bill.com: Finally, It's Time To Go Long
Jun 06What Is BILL Holdings, Inc.'s (NYSE:BILL) Share Price Doing?
Apr 12Does BILL Holdings (NYSE:BILL) Have A Healthy Balance Sheet?
Mar 22Bill.com: Decelerating Growth And Lack Of True Profitability
Feb 25Bill.com: Not Paying The Bills
Feb 13Estimating The Intrinsic Value Of Bill.com Holdings, Inc. (NYSE:BILL)
Feb 05Bill.com FQ2 2023 Earnings Preview
Feb 01Bill.com: Wait For Near-Term Uncertainties To Clear Before Jumping In
Jan 24Bill.com: A Strong Company Dealing With Macro Headwinds
Jan 13Is It Time To Consider Buying Bill.com Holdings, Inc. (NYSE:BILL)?
Jan 07Bill.com: Tremendous Growth And Super Customer Retention
Dec 16Bill.Com Stock: From Sell To Hold With Many Unsolved Problems
Nov 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$7m |
Compensation vs Market: Rene's total compensation ($USD17.72M) is above average for companies of similar size in the US market ($USD8.45M).
Compensation vs Earnings: Rene's compensation has increased whilst the company is unprofitable.
CEO
Rene Lacerte (57 yo)
18.3yrs
Tenure
US$17,721,164
Compensation
Mr. Rene A. Lacerte is the Founder of Bill.com Holdings Inc. and at Bill.com, LLC since April 2006 and serves as its Chief Executive Officer since April 2006. He serves as Chairperson of the Board at BILL...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.3yrs | US$17.72m | 2.5% $ 139.5m | |
| President & CFO | 10.1yrs | US$13.97m | 0.11% $ 6.1m | |
| Chief Legal & Compliance Officer and Secretary | 7.9yrs | US$6.08m | 0.0074% $ 415.3k | |
| Chief Operating Officer | 1.9yrs | no data | no data | |
| Senior Vice President of Finance & Accounting | 2.5yrs | no data | 0.0058% $ 321.9k | |
| Chief Technology Officer | 1.3yrs | no data | no data | |
| Executive of Investor Relations | no data | no data | no data | |
| Chief People Officer | 2.2yrs | no data | no data | |
| Chief Customer Officer | less than a year | no data | no data | |
| VP & Chief Information Security Officer | 2.3yrs | no data | no data | |
| Chief Product Officer | 1.9yrs | no data | no data |
2.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: BILL's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.3yrs | US$17.72m | 2.5% $ 139.5m | |
| Independent Director | 16.9yrs | US$253.78k | 0.19% $ 10.6m | |
| Independent Director | 5.2yrs | US$265.63k | 0.0034% $ 189.5k | |
| Lead Independent Director | 5.2yrs | US$270.95k | 0.030% $ 1.7m | |
| Independent Director | 2.2yrs | US$242.29k | 0.0039% $ 216.3k | |
| Independent Director | 8.2yrs | US$247.64k | 0.037% $ 2.1m | |
| Independent Director | 2.8yrs | US$255.00k | 0.011% $ 605.3k | |
| Independent Director | 3.8yrs | US$260.61k | 0.0057% $ 321.4k | |
| Independent Director | 1.8yrs | US$427.31k | 0.00049% $ 27.4k | |
| Independent Director | 3.4yrs | US$259.38k | 0.0043% $ 239.8k | |
| Independent Director | 5yrs | US$261.38k | 0.0034% $ 189.5k | |
| Independent Director | 2.1yrs | US$153.04k | 0.0020% $ 110.7k |
4.4yrs
Average Tenure
56.5yo
Average Age
Experienced Board: BILL's board of directors are considered experienced (4.4 years average tenure).