Andrew Anagnost
Also at Autodesk Inc
About
Andrew Anagnost has built a remarkable career at Autodesk, Inc., beginning his journey in September 1997 and steadily climbing the corporate ladder through a variety of critical roles. He has assumed leadership positions across the company, demonstrating a strategic vision and a commitment to driving innovation.
In his early years at ADSK, he made significant contributions in senior management roles such as Vice President of CAD/CAE Products and Vice President of Product Suites and Web Services, which laid a strong foundation for his later appointment as Senior Vice President for Business Strategy & Marketing. His progressive ascent within the company highlights his deep understanding of both technology and business strategy.
Since taking on the role of President and CEO in June 2017, he has steered the company through a transformative phase marked by a shift to a subscription-based business model and a focus on cloud innovations, generative design, and 3D generative AI. His leadership continues to drive Autodesk’s growth and position it at the forefront of the digital transformation in the technology industry.
$ADSK Performance Under Andrew Anagnost
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Autodesk | Co-CEO | February 2017 - June 2017 | Held concurrently with other executive roles |
| Autodesk | Chief Marketing Officer | December 2016 - June 2017 | Position overlapped with other roles |
| Autodesk | Senior Vice President, Business Strategy & Marketing | March 2012 - June 2017 | N/A |
| Autodesk | Vice President, Product Suites and Web Services | December 2009 - March 2012 | N/A |
| Autodesk | Vice President of CAD/CAE products for the manufacturing division | March 2007 - December 2009 | N/A |
| Autodesk | Other senior management positions | N/A | Various roles held prior to the above positions |
| Lockheed Aeronautical Systems Company | Various roles | N/A | Engineering, sales, marketing, and product management positions |
| EXA Corporation | Various roles | N/A | N/A |
| NASA Ames Research Center | NRC post-doctoral fellow | N/A | N/A |
External Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| HubSpot, Inc. | Board of Directors | September 2023 - Present | N/A |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $1,046,066 | Annual | Fixed cash compensation; remained unchanged from FY2023 at $1,040,000. |
| All Other Compensation | $153,256 | Annual | Includes Authorized Executive and Spouse Travel of $71,805 and Tax Gross-Ups of $70,825. |
Performance Compensation
Annual Short-Term Incentive Compensation
| Metric [Unit] | Weighting | Target [in $ millions] | Actual [in $ millions] | Attainment | Payout Amount [in $] | Additional Details |
|---|---|---|---|---|---|---|
| Total Revenue | 60% | $5,532 | $5,497 | 99.4% | N/A | Based on Autodesk's revenue performance |
| Non-GAAP Income from Operations | 40% | $1,991 | $1,962 | 98.5% | N/A | Reflects operating income adjusted for non-GAAP measures |
| Bonus Payout | N/A | N/A | N/A | 96.9% | $1,511,640 | Target incentive was $1,560,000 ; paid in Q1 of following FY |
Evaluation Period: Fiscal Year 2024.
Payment Schedule: Award payout in the first quarter of the following fiscal year.
Performance Stock Units (PSUs)
| Component | Weighting | Target Shares | Actual/Earned Shares | Payout Range | Vesting Schedule | Additional Details |
|---|---|---|---|---|---|---|
| PSUs (FY2024 Performance) | Combined financial metrics: 60% Total Revenue, 40% Free Cash Flow | 20,377 | 15,282 (75% attainment) | 0% to 200% of target | First Tranche vests on March 26, 2024 | Performance measured using Total Revenue, Free Cash Flow, and Relative TSR modifiers. |
Additional Notes:
- Relative TSR Modifier: Ranges from 67% to 133% and is used to adjust the PSU payout.
- Funding percentages for Total Revenue (58.1%) and Free Cash Flow (39.4%) also contribute to overall performance evaluation.