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Reid French

Director at AutodeskAutodesk
Board

About Reid French

Reid French (age 53) is an independent director of Autodesk (ADSK) since 2017, currently serving as Chair of the Compensation and Human Resources Committee; he previously chaired the Audit Committee until May 2, 2025 . He holds a B.A. in Economics from Davidson College and an MBA from Harvard Business School, and is recognized for significant software operating experience and investor value creation . The Board has affirmed his independence under Nasdaq standards , and he attended 100% of Board and committee meetings in fiscal year 2025 .

Past Roles

OrganizationRoleTenureCommittees/Impact
Applied Systems, Inc.Chief Executive Officer2011 – 2019Nearly tripled company size and generated a 12x investor return .
Intergraph CorporationChief Operating Officer2005 – 2010Led transformation from legacy CAD to enterprise software; oversaw 2006 go‑private and 2010 $2.1B sale to Hexagon AB .
Intergraph CorporationEVP, Strategic Planning & Corporate Development2003 – 2005Corporate strategy and M&A leadership .

External Roles

OrganizationRoleTenureCommittees/Impact
Verint Systems Inc. (U.S.-listed)Director2021 – PresentGovernance expertise; customer engagement software focus .
JSSI Inc.Board member2023 – PresentPrivate aviation services; board oversight .
NetDocuments Software, Inc.Board member2020 – PresentLegal document management software; board oversight .
Applied Systems, Inc.Board member2011 – 2020Board service post-CEO tenure .

Board Governance

  • Committee assignments: Chair, Compensation and Human Resources Committee (CHRC) since May 2, 2025; previously Chair, Audit Committee through May 2, 2025 .
  • Independence status: Independent director under Nasdaq rules; Board maintains a substantial majority of independent directors .
  • Attendance and engagement: 100% attendance at Board (9 meetings) and committees (39 meetings) in FY2025; Board engages with shareholders representing >60% of outstanding shares .
  • Outside directorship limits: Autodesk limits directors to ≤4 public boards (including ADSK); the governance committee affirmed capacity and compliance for all nominees .

Fixed Compensation

ComponentPolicy AmountFrench FY2025 ReceiptNotes
Annual Board Cash Retainer$75,000 $88,472 (fees earned, but paid entirely in RSUs) Cash retainer plus prorated chair fees recognized; French elected 100% RSU in-lieu-of-cash .
CHRC Chair Fee$20,000 Included in fees earned French became CHRC Chair effective May 2, 2025 .
Annual Director RSUs$250,000 grant value 984 RSUs; $249,759 grant-date value (7/16/2024) Subsequent Annual RSUs vest over one year .
Elected RSUs (cash-to-equity)20% premium on cash foregone 472 RSUs + 79 premium RSUs (7/16/2024); $119,803 + $20,052 values French elected 100% of fees to RSUs in both cycles .
  • No meeting fees are paid; chair premiums apply by committee type .
  • “Fees Actually Paid in Cash” for French were $0 due to his full RSU election .

Performance Compensation

ElementStructureMetrics
Director equityTime-based RSUs only No performance metrics disclosed for director RSUs .

Other Directorships & Interlocks

  • Current public company boards: Autodesk; Verint Systems Inc. .
  • Compensation committee interlocks: None; no interlocking relationships in FY2025 and no Autodesk directors on other companies’ compensation committees with conflicts .
  • Related party transactions: Ordinary-course software purchases by entities affiliated with directors occurred, but no transactions met thresholds requiring Audit Committee approval; none deemed related-party transactions in FY2025 .

Expertise & Qualifications

  • Executive operating experience scaling vertical software businesses; proven investor value creation (Applied Systems 12x return) .
  • Transformation leadership (Intergraph CAD-to-enterprise software; large strategic sale) .
  • Public company governance: service at Verint; broad board experience enhances oversight .

Equity Ownership

MetricValueNotes
Total beneficial ownership (common shares)12,958; includes 20 shares held indirectly by trust <1% of shares outstanding .
Outstanding RSUs at 1/31/20251,456 Reflects unvested director RSUs outstanding.
Director stock ownership guideline5x annual cash retainer; all directors complied in FY2025 Alignment policy enforced.
Hedging/pledging policyProhibited for directors; no hedging/pledging or trading in derivatives allowed Alignment safeguard.

Note: Attempted to retrieve Form 4 insider transactions for “Reid French” at ADSK for 2024–2025 using the insider-trades skill; the API returned unauthorized, so no transaction-level data are reported here. Beneficial ownership figures are from the FY2025 proxy .

Governance Assessment

  • Positives:

    • Independence, 100% attendance, and deep software operator experience bolster committee leadership effectiveness .
    • Strong alignment signals: full election of cash fees to RSUs (with a 20% premium) and compliance with 5x ownership guideline .
    • No interlocks or related-party transactions flagged; hedging/pledging prohibitions in place .
  • Watch items / potential red flags for investors:

    • RSU-in-lieu-of-cash premium (20%) increases guaranteed director equity value; while disclosed, it modestly inflates compensation versus pure cash conversion and should be monitored against peer norms .
    • Committee rotation (from Audit Chair to CHRC Chair) concentrates compensation oversight responsibility; continuity appears strong given prior audit experience, but investors may track pay metric changes adopted by CHRC in FY2026 (e.g., PSU metric shifts) for rigor and alignment .
  • Implications: French’s CHRC leadership, combined with his operator background, suggests robust oversight of pay-for-performance design during Autodesk’s business model evolution; limited conflict indicators and strong attendance support investor confidence in board effectiveness .