Barak Eilam
About Barak Eilam
Independent director of CCC Intelligent Solutions Holdings Inc. (CCC) since July 14, 2025; former CEO of NICE Ltd. (2014–2024) and veteran enterprise software operator with deep AI expertise. Holds a B.Sc. in Electrical Engineering from Tel Aviv University and has served in senior roles across engineering, product management, and sales, including President of NICE Americas .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| NICE Ltd. | Chief Executive Officer | 2014–Dec 2024 | Tripled revenue to nearly $3B; grew cloud revenue from near-zero to $2B; >4x EPS; led AI-powered CX scale-up . |
| NICE Ltd. | President, NICE Americas; Senior Exec (Eng., Product, Sales) | 1999–2014 | Built analytics business; led transformation to cloud enterprise software . |
External Roles
| Organization | Role | Start Date | Committees/Notes |
|---|---|---|---|
| FactSet Research Systems (NYSE/NASDAQ: FDS) | Independent Director | Dec 18, 2024 | Member, Compensation & Talent Committee . |
| HMH (K‑12 education) | Director | Not disclosed | Current board service per FactSet bio . |
| SimilarWeb (NYSE: SMWB) | Director | Not disclosed | Current board service per FactSet bio . |
| CCC Intelligent Solutions (NASDAQ: CCCS) | Independent Director | Jul 14, 2025 | Appointed to CCC Board; independent . |
Board Governance
- CCC Board structure and independence: seven independent directors; Chairman is also CEO; Eric Wei serves as Presiding Director per Corporate Governance Guidelines .
- CCC committees (2025 proxy):
- Audit Committee: William Ingram (Chair), Neil de Crescenzo, Teri Williams; all independent, financially literate; two “financial experts” (Ingram, Williams) .
- Human Capital & Compensation Committee: Eileen Schloss (Chair), William Ingram, Eric Wei; all independent .
- Nominating & Corporate Governance Committee: Eric Wei (Chair), Teri Williams, Lauren Young; all independent .
- Committee assignments for Barak Eilam: CCC press release announced his appointment; CCC’s committee-composition page does not list him yet (as of posted update), indicating assignments may be pending/publicly unposted .
- Attendance: In fiscal 2024, each director other than Christopher Egan attended at least 75% of meetings of the Board and committees on which they served; Egan remained a director throughout 2024 but did not meet the 75% threshold, a governance concern later followed by his resignation on March 28, 2025 .
Fixed Compensation
CCC non‑employee director compensation policy (2024/2025):
| Component | Amount | Vesting/Notes |
|---|---|---|
| Quarterly cash retainer | $15,000 | Paid for Board service . |
| Annual RSU grant | $250,000 grant date fair value | Fully vests on earlier of one year or next annual meeting, subject to service . |
| Committee chair RSU | $25,000 grant date fair value | Same vesting as annual RSU; only for committee chairs . |
CCC’s 2024 director compensation table evidences $60,000 cash and $250,006 RSU for Teri Williams; chairs received ~$275,004 RSU (base plus $25k chair grant) .
Performance Compensation
- Directors at CCC receive time‑based RSUs; no performance‑conditioned director equity or cash incentives are disclosed. Equity grants vest with service; no director performance metrics (e.g., TSR, revenue) apply to director compensation .
Other Directorships & Interlocks
| Entity | Sector Overlap with CCC | Potential Interlock/Conflict Commentary |
|---|---|---|
| FactSet (FDS) | Financial data/analytics; no direct overlap with CCC’s P&C claims/collision SaaS | Governance‑adjacent; serves on Compensation & Talent Committee; no supplier/customer conflict disclosed . |
| HMH | K‑12 education | No overlap with CCC core market; no related-party transactions disclosed at CCC . |
| SimilarWeb | Digital analytics | No disclosed CCC transaction; typical time‑commitment consideration; no conflict noted by CCC . |
No CCC related‑party transactions were disclosed in the Eilam appointment announcement; similar independence affirmations are standard (e.g., for de Crescenzo) .
Expertise & Qualifications
- Enterprise software scale‑up: Led NICE from on‑prem to cloud, tripling revenue to ~$3B, growing cloud revenue to ~$2B, and >4x EPS, bringing disciplined operational and product expertise relevant to CCC’s IX Cloud and AI strategy .
- AI/Customer experience: Decade‑long leadership in AI‑powered customer experiences across 25,000+ organizations globally, directly aligned with CCC’s AI-enabled claims solutions .
- Education: B.Sc. Electrical Engineering, Tel Aviv University .
- Independence: Appointed as an independent director at CCC .
Equity Ownership
| Item | Detail |
|---|---|
| Beneficial ownership at CCC | Not included in CCC’s Apr 1, 2025 beneficial ownership table (appointment occurred July 2025); no holdings disclosed therein . |
| Stock ownership guidelines (CCC) | Non‑employee directors: own shares equal to 3x annual cash fees; compliance within 5 years of becoming covered individual; only shares held outright counted . |
| Hedging/Pledging policy | Hedging and pledging of CCC securities prohibited without pre‑approval; applies to directors and officers . |
Governance Assessment
-
Strengths
- Independence and domain fit: Eilam’s AI/cloud enterprise software credentials align with CCC’s strategic direction (IX Cloud, AI across claims), which should enhance board oversight of product strategy and go‑to‑market scaling .
- Board balance: CCC maintains independent committees with clear charters and a Presiding Director when CEO/Chair roles are combined .
-
Watch items / potential red flags
- Overboarding/time commitment: Simultaneous service on FactSet, HMH, SimilarWeb, and CCC may constrain bandwidth; monitor committee load and attendance post‑appointment .
- Committee clarity: CCC’s public committee composition page did not yet list Eilam; confirm final committee assignments as disclosures update .
- Shareholder sentiment: CCC’s 2024 say‑on‑pay approval was ~68%, indicating investor concerns about pay design; board (including new independent directors) should address compensation rigor and responsiveness .
- Prior attendance gap on CCC board (Egan): One director failed to meet 75% attendance in 2024; governance processes should ensure sustained engagement; Egan later resigned Mar 28, 2025 .
- Pay structure changes: 2023 modifications of TSR PSUs for executives (absolute→relative, extended performance periods) were flagged by shareholders; board oversight should ensure alignment and avoid pay inflation or retiming optics .
Overall, Eilam brings high‑value strategic and technical expertise for CCC’s AI/cloud trajectory. The main governance risks are potential overboarding, lingering investor concerns on pay practices, and ensuring robust committee engagement and attendance as CCC advances growth.
Appendix – CCC Board/Committee Reference
- Presiding Director: Eric Wei .
- Audit Committee: composition and “financial expert” qualifications .
- HCCC and NCGC compositions and mandates .
- Anti‑hedging/pledging and clawback policies .