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Financial information is not a typical topic in my articles. However, in a spirit of diversity in the thinking process, I’d like to pick up such an unusual topic for today’s article – to compare CAD vendors CEO compensation.

The trigger for this discussion was Yahoo News article – Is Altium Limited’s (ASX:ALU) CEO Pay Justified? Read the article and draw your opinion. Here is a passage:

According to our data, Altium Limited has a market capitalization of AU$4.0b, and pays its CEO total annual compensation worth US$1.6m. (This is based on the year to June 2018). While we always look at total compensation first, we note that the salary component is less, at US$500k.

Yahoo article makes a comparison of Altium CEO to other companies with similar financial benchmarks. My PLM twisted mind went off to the tangent – how to compare Altium CEO compensation with other CAD companies CEO compensations. Here are few data points I found.

Former Autodesk CEO – Carl Bass

The following article from Salary.com gives you some information about Autodesk CEO compensation – Executive compensation:

As Former Chief Executive Officer and President at AUTODESK INC, Carl Bass made $8,061,605 in total compensation. Of this total $57,500 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $5,673,104 was awarded as stock and $2,331,001 came from other types of compensation. This information is according to proxy statements filed for the 2018 fiscal year.

Dassault Systemes Vice Chairman and CEO – Bernard Charles.

According to Bloomberg, Bernard Charles’ total annual cash compensation for 2017 was €2,742,75. Total calculated annual compensation including stock options was €15,788,120.  Check more here.

What is my conclusion? I think to be the CEO of a public company is not a simple job. I had a privilege to meet all these CEOs and work for some of these companies in the past and I’m sure they are working very hard. And I think money is not the number one reason they do this job. Just my thoughts…

Best, Oleg

Disclaimer: I’m co-founder and CEO of OpenBOM developing cloud-based bill of materials and inventory management tool for manufacturing companies, hardware startups, and supply chain. My opinion can be unintentionally biased.


The post Altium CEO vs other CAD vendor execs compensation appeared first on Beyond PLM (Product Lifecycle Management) Blog.

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