Alan Trefler, the CEO and founder of Pegasystems Inc., has been leading the company since its inception in 1983. With an educational background that includes a B.A. in Computer Science from Harvard, he is deeply rooted in technology. Trefler's leadership...

Number of Employees

5.41K

Year

2023

Total Compensation

$999.90K

Salary

$495.00K

Board Justification

The compensation philosophy is designed to align executive compensation with the achievement of strategic and financial goals, focusing on long-term performance and shareholder value.

Bonus

$495.00K

Board Justification

The target bonus for the Chief Executive Officer was 100% of his earned base salary, resulting in a bonus of $495,000 under the 2023 Executive Incentive Plan, consistent with the 2023 Funding Percentage.

Other

$9.90K

Board Justification

This amount includes the company's 401(k) match and other perquisites.

Restricted Stock

$0.00(0 Performance-Based Stock Options)

Board Justification

No stock awards were vested in 2023 as the focus is on performance-based stock options, which are not included in this summary.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 were based on the achievement of corporate financial goals and strategic initiatives.

SEC Filing

From April 26, 2024

Alan Trefler

Founder and Ex-CEO of Pegasystems

AT

Education

B.A. in Computer Science from Harvard University

Field of Expertise

Technology & Engineering - Technology

Born

January 1, 1958 - 67 years ago

Is Founder?

Yes

Tenure

40 years 2 months (Jan 1983 - Mar 2023)

Previous Experience

Founder of Pegasystems Inc.