This company has been acquired
ForgeRock Management
Management criteria checks 4/4
ForgeRock's CEO is Fran Rosch, appointed in Jun 2018, he has a tenure of 5.17 years. His total yearly compensation is $5.20M , comprised of 9.9% salary and 90.1% bonuses, including company stock and options. He directly owns 0.27% of the company’s shares, worth $5.69M. The average tenure of the management team and the board of directors is 4.7 years and 5.2 years respectively.
Key information
Fran Rosch
Chief executive officer
US$5.2m
Total compensation
| CEO salary percentage | 9.89% |
| CEO tenure | 5.2yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.7yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
ForgeRock falls as shareholders approve sale to Thoma Bravo
Jan 12ForgeRock falls after DOJ request for more information on Thoma Bravo deal
Dec 22ForgeRock jumps after disclosing another potential bidder in filing
Dec 08Thoma Bravo acquires ForgeRock for $23.25 per share in cash
Oct 11ForgeRock Faces Revenue Growth And Foreign Exchange Headwinds
Sep 02ForgeRock announces strategic partnership with Secret Double Octopus
Aug 22ForgeRock stock slides on guidance cut
Aug 12Is ForgeRock, Inc. (NYSE:FORG) Trading At A 33% Discount?
Jun 19
A First Look At ForgeRock
Jun 09ForgeRock: Cash Burn Makes This Investment Not Worth It
Mar 25ForgeRock: After A 50% Drop, It's Now Trading At Fair Value
Dec 09ForgeRock IPO Day With CEO Fran Rosch - Managing Digital Identity (Video)
Sep 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | -US$82m |
| Mar 31 2023 | n/a | n/a | -US$75m |
| Dec 31 2022 | US$5m | US$514k | -US$66m |
| Sep 30 2022 | n/a | n/a | -US$62m |
| Jun 30 2022 | n/a | n/a | -US$66m |
| Mar 31 2022 | n/a | n/a | -US$54m |
| Dec 31 2021 | US$6m | US$440k | -US$48m |
| Sep 30 2021 | n/a | n/a | -US$33m |
| Jun 30 2021 | n/a | n/a | -US$26m |
| Mar 31 2021 | n/a | n/a | -US$34m |
| Dec 31 2020 | US$2m | US$400k | -US$42m |
Compensation vs Market: Fran's total compensation ($USD5.20M) is about average for companies of similar size in the US market ($USD5.15M).
Compensation vs Earnings: Fran's compensation has been consistent with company performance over the past year.
CEO
Fran Rosch (59 yo)
5.2yrs
Tenure
US$5,198,726
Compensation
Mr. Francis C. Rosch, also known as Fran, serves as Chief Executive Officer of ForgeRock AS. Mr. Rosch has been Chief Executive Officer, President and Director of ForgeRock, Inc. since June 2018. Mr. Rosch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.2yrs | US$5.20m | 0.27% $ 5.7m | |
| CFO & Executive VP of Global Operations | 10.1yrs | US$2.63m | 0.85% $ 17.6m | |
| Chief Legal Officer | 4.7yrs | US$1.19m | 0.011% $ 227.6k | |
| Executive VP & Chief Product Officer | 5.6yrs | US$2.22m | no data | |
| Chief Revenue Officer | 4.7yrs | US$2.44m | 0.024% $ 500.9k | |
| Chief Technology Officer | 3.3yrs | no data | no data | |
| Chief Information Officer | 2.2yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | 4.7yrs | no data | no data | |
| Chief People Officer | 2yrs | no data | no data | |
| Executive Vice President of Global Customer Success | 4yrs | no data | no data | |
| Senior Vice President of Core Platform Engineering | no data | no data | no data |
4.7yrs
Average Tenure
52yo
Average Age
Experienced Management: FORG's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.2yrs | US$5.20m | 0.27% $ 5.7m | |
| Independent Chairman of the Board | 11.5yrs | US$226.60k | no data | |
| Advisor to the Board | no data | no data | no data | |
| Independent Director | 10.4yrs | US$203.59k | 0.00058% $ 12.0k | |
| Independent Director | 6yrs | no data | no data | |
| Independent Director | 11.2yrs | US$211.66k | 0.56% $ 11.6m | |
| Independent Director | 3.8yrs | US$220.86k | 0.00080% $ 16.6k | |
| Independent Director | 3.3yrs | US$207.97k | 0.00064% $ 13.2k | |
| Independent Director | 6yrs | US$202.17k | 0.00056% $ 11.6k | |
| Independent Director | 2.1yrs | US$205.54k | 0.00062% $ 12.8k | |
| Independent Director | 2.1yrs | US$207.97k | 0.00064% $ 13.2k | |
| Advisor to the Board | 3.6yrs | no data | no data |
5.2yrs
Average Tenure
58yo
Average Age
Experienced Board: FORG's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/24 01:22 |
| End of Day Share Price | 2023/08/22 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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 |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
ForgeRock, Inc. is covered by 11 analysts. 9 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 |
|---|---|
| Gray Powell | BTIG |
| Thomas Walkley | Canaccord Genuity |
| Patrick Edwin Colville | Deutsche Bank |