Sundar PichaiSundar Pichai earned $164M in 2023

Aida Alvarez has been at the helm of BILL Holdings, Inc. since May 2022, after joining the board of directors just before that. She was appointed as the first Latina in any U.S. President's Cabinet as the Administrator of the...

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Aida Alvarez

CEO of BILL Holdings

Sector of Economy

Technology

Born

July 30, 2024 - 0 years ago

CEO of BILL Holdings for

2 years 11 months (May 2022 - Present)

Previous Experience

Unknown

Holdings

See how much did Aida Alvarez make over time.

Aida Alvarez has shown a notable trajectory in her holdings with BILL Holdings, Inc. Her stock portfolio has steadily increased over time. As of May 2022, her holdings were around $4.27 million, gradually rising each month through 2023. By August...

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Insider Trading

See recent insider trades of Aida Alvarez.

FSLY

26,666 shares

FSLY

Jun 12, 2024

Received

HPQ

7,943 shares

HPQ

Apr 22, 2024

Received

FSLY

11,080 shares

FSLY

Jun 14, 2023

Received

HPQ

7,466 shares

HPQ

Apr 24, 2023

Received

FSLY

18,248 shares

FSLY

Jun 15, 2022

Received

HPQ

5,687 shares

HPQ

Apr 19, 2022

Received

FSLY

3,130 shares

FSLY

Jun 21, 2021

Received

HPQ

$220.01K

HPQ at $33.04/share

Apr 13, 2021

Received

FSLY

3,844 shares

FSLY

Jun 9, 2020

Received

FSLY

8,192 shares

FSLY

Aug 7, 2019

Received

Compensation History

See how much did Aida Alvarez make over time.

In her first year as CEO of BILL Holdings in 2022, Aida Alvarez received total compensation of approximately $1,172,350. This figure was primarily made up of her salary of $550,000 and a bonus of $625,350, which was based on the achievement of specific company performance metrics. However, she did not receive any stock grants or options for that year as the focus was entirely on performance-based pay. This structure aligns with her philosophy of linking executive compensation to company performance, ensuring that the interests of executives and shareholders are closely aligned. Aida’s approach reflects a commitment to both accountability and incentivizing growth, which is essential for a rapidly evolving business like BILL Holdings.

Year

2022

Total Compensation

$1.18M

Salary

$550.00K

Board Justification

The compensation philosophy is designed to attract and retain talented executives, aligning their interests with those of stockholders through performance-based incentives.

Bonus

$625.35K

Board Justification

Based on achievement of Core Revenue and EBITDA Less Float metrics, weighted equally, with a corporate performance factor of 113.7%.

Other

$0.00

Board Justification

No other compensation reported for 2022.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants vested in 2022 as the focus was on performance-based equity and RSUs.

Performance Metrics

Core Revenue and EBITDA Less Float metrics were used to determine the annual cash bonus.