ServiceNow Management
Management criteria checks 3/4
ServiceNow's CEO is Bill McDermott, appointed in Nov 2019, has a tenure of 4.42 years. total yearly compensation is $37.61M, comprised of 3.5% salary and 96.5% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth $12.30M. The average tenure of the management team and the board of directors is 4.3 years and 7.5 years respectively.
Key information
Bill McDermott
Chief executive officer
US$37.6m
Total compensation
| CEO salary percentage | 3.5% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.008% |
| Management average tenure | 4.3yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
ServiceNow, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 26
ServiceNow Q1 Earnings Preview: Solid Fundamentals, But Stock Is Likely Capped
Apr 22ServiceNow: One Of Our Top Picks For The Coming Decade
Apr 13ServiceNow (NYSE:NOW) Has A Rock Solid Balance Sheet
Mar 30ServiceNow: Leading In Enterprise AI, But Watch The Premium Valuation
Mar 20What You Can Learn From ServiceNow, Inc.'s (NYSE:NOW) P/S
Mar 18ServiceNow, Inc.'s (NYSE:NOW) Intrinsic Value Is Potentially 29% Above Its Share Price
Mar 06ServiceNow: Successfully Absorbing Global Digital Transformation
Mar 06What Is ServiceNow, Inc.'s (NYSE:NOW) Share Price Doing?
Feb 23ServiceNow: The Case For More Upside Even From Here
Feb 02Shareholders Can Be Confident That ServiceNow's (NYSE:NOW) Earnings Are High Quality
Feb 01Results: ServiceNow, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Jan 27ServiceNow Q4 Review: Solid Report, But Valuation Is Out Of Step With Reality
Jan 24ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price
Jan 11ServiceNow: Commercially Interesting, But Dangerous Pitch At 15x EV/Sales
Dec 31ServiceNow, Inc.'s (NYSE:NOW) P/S Is On The Mark
Dec 18ServiceNow: This Is A True One Of A Kind
Nov 28Is Now The Time To Put ServiceNow (NYSE:NOW) On Your Watchlist?
Nov 20Why ServiceNow, Inc. (NYSE:NOW) Could Be Worth Watching
Oct 23ServiceNow: Stellar Revenue Growth And Profitability Expansion
Oct 23Is ServiceNow (NYSE:NOW) A Risky Investment?
Oct 08Calculating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)
Sep 26ServiceNow: Positioned To Thrive In Digital Transformation
Sep 18We Like These Underlying Return On Capital Trends At ServiceNow (NYSE:NOW)
Aug 30ServiceNow: Generative AI Pick With 20% Revenue Growth And 30% FCF Margins
Aug 18Do ServiceNow's (NYSE:NOW) Earnings Warrant Your Attention?
Aug 17Is It Time To Consider Buying ServiceNow, Inc. (NYSE:NOW)?
Jul 24ServiceNow: AI Hype Has Powered The Stock This Year
Jul 19Is ServiceNow (NYSE:NOW) Using Too Much Debt?
Jun 20ServiceNow: Stock Is Fairly Valued
Jun 18ServiceNow Unleashes AI, Innovation To Strengthen Competitive Advantage
May 24Estimating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)
May 16ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price
May 02With ServiceNow, Inc. (NYSE:NOW) It Looks Like You'll Get What You Pay For
Apr 19Is ServiceNow (NYSE:NOW) Using Too Much Debt?
Mar 21Is Now An Opportune Moment To Examine ServiceNow, Inc. (NYSE:NOW)?
Feb 19ServiceNow: 5 Key Takeaways From The Recent Earnings
Feb 06A Look At The Intrinsic Value Of ServiceNow, Inc. (NYSE:NOW)
Jan 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$38m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$400m |
| Dec 31 2022 | US$39m | US$1m | US$325m |
| Sep 30 2022 | n/a | n/a | US$201m |
| Jun 30 2022 | n/a | n/a | US$184m |
| Mar 31 2022 | n/a | n/a | US$223m |
| Dec 31 2021 | US$166m | US$1m | US$230m |
| Sep 30 2021 | n/a | n/a | US$221m |
| Jun 30 2021 | n/a | n/a | US$171m |
| Mar 31 2021 | n/a | n/a | US$153m |
| Dec 31 2020 | US$25m | US$1m | US$119m |
| Sep 30 2020 | n/a | n/a | US$701m |
| Jun 30 2020 | n/a | n/a | US$728m |
| Mar 31 2020 | n/a | n/a | US$676m |
| Dec 31 2019 | US$43m | US$129k | US$627m |
Compensation vs Market: Bill's total compensation ($USD37.61M) is above average for companies of similar size in the US market ($USD13.53M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill McDermott (61 yo)
4.4yrs
Tenure
US$37,606,244
Compensation
Mr. William R. McDermott, also known as Bill, has been Chairman of ServiceNow, Inc. since October 2022. He serves as Independent Director at Zoom Video Communications, Inc. since March 1, 2022. He had been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.4yrs | US$37.61m | 0.0084% $ 12.3m | |
| President & COO | 2.3yrs | US$22.23m | 0.023% $ 33.2m | |
| Founder & Director | no data | US$364.69k | 0.078% $ 114.7m | |
| Chief Financial Officer | 4.3yrs | US$14.41m | 0.0071% $ 10.5m | |
| Chief People Officer | 2.8yrs | US$9.06m | 0.0012% $ 1.8m | |
| Chief Commercial Officer | 3.8yrs | US$17.92m | 0.0014% $ 2.0m | |
| Senior VP | 2.4yrs | no data | 0.0013% $ 1.9m | |
| CTO & EVP of Dev Ops | no data | no data | no data | |
| Chief Digital Information Officer | 8.6yrs | no data | 0.0075% $ 11.1m | |
| Head of Investor Relations | 4.3yrs | no data | no data | |
| General Counsel & Secretary | 5.4yrs | US$13.55m | 0.0041% $ 6.0m | |
| Chief Ethics & Compliance Officer | no data | no data | no data |
4.3yrs
Average Tenure
53yo
Average Age
Experienced Management: NOW's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.4yrs | US$37.61m | 0.0084% $ 12.3m | |
| Founder & Director | 19.8yrs | US$364.69k | 0.078% $ 114.7m | |
| Lead Independent Director | 13.2yrs | US$432.12k | 0.022% $ 32.4m | |
| Independent Director | 9.8yrs | US$391.91k | 0.0011% $ 1.7m | |
| Independent Director | 7.5yrs | US$379.69k | 0.0031% $ 4.5m | |
| Independent Director | 9.8yrs | US$394.82k | 0.0064% $ 9.4m | |
| Independent Director | 5.1yrs | US$402.19k | 0.00050% $ 735.5k | |
| Independent Director | 7.5yrs | US$391.34k | 0.0049% $ 7.2m | |
| Independent Director | 3.5yrs | US$370.51k | no data | |
| Independent Director | 2.8yrs | US$377.93k | 0.00055% $ 809.1k | |
| Independent Director | less than a year | US$383.26k | 0.000030% $ 44.1k |
7.5yrs
Average Tenure
60.5yo
Average Age
Experienced Board: NOW's board of directors are considered experienced (7.5 years average tenure).