Matthew P. Flake is the CEO of Q2 Holdings Inc., a company focused on financial technology solutions. With a B.A. in Business Administration from the University of Texas at Austin, he has a strong background in finance. Since taking on...

Matthew P. Flake is the CEO of Q2 Holdings Inc., a company focused on financial technology solutions. With a B.A. in Business Administration from the University of Texas at Austin, he has a strong background in finance. Since taking on his role in April 2017, Flake has overseen significant growth in the company. In 2022, his total compensation reached approximately $8.1 million, which included a notable performance-based bonus and stock awards. He has also implemented compensation strategies that tie executive pay to the company's success, ensuring alignment with shareholder interests. Notably, during a pivotal time in 2020, his compensation was reduced to reflect company performance, showing his commitment to the company's health. Outside of his role, he has substantial holdings in the company, reflecting his belief in the business. Also, he has been with Q2 Holdings since 2008, moving up from VP of Sales, giving him a well-rounded view of the company's operations.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Q2 Holdings CEOs

Q

Matthew P. Flake

CEO of Q2 Holdings

Education

B.A. in Business Administration from the University of Texas at Austin

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1973 - 52 years ago

CEO of Q2 Holdings for

8 years 0 months (Apr 2017 - Present)

Previous Experience

President of Q2 Holdings, Inc.

Rivals

Competitors/colleagues of Matthew P. Flake

B

Jack Dorsey

Founder and CEO of Block

2023 Compensation

Stock

$0.00

Salary

$2.75

Bonus

$0.00

Other

$0.00

Total Holdings

$980.58K

A

Alex Shootman

CEO of Alkami Technology, Inc.

2022 Compensation

Stock

$0.00

Salary

$450.00K

Bonus

$0.00

Other

$998.30K

Total Holdings

$26.28M

C

John P. Calamos, Sr.

Founder and CEO of Calamos Strategic Total Return

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$26.16M

Holdings

See how much did Matthew P. Flake make over time.

Matthew P. Flake holds a significant number of shares in Q2 Holdings, reflecting his commitment to the company. At peak points in his career, his worth tied to Q2's stock has been substantial. For instance, in 2022, Flake's stock holding...

Matthew P. Flake holds a significant number of shares in Q2 Holdings, reflecting his commitment to the company. At peak points in his career, his worth tied to Q2's stock has been substantial. For instance, in 2022, Flake's stock holding was valued at around $1.8 million, indicating confidence in the firm's growth trajectory. His holdings fluctuated over time due to market conditions and performance, illustrating the risks and rewards of executive stock ownership. It's clear that a sizable part of his wealth is directly linked to Q2's success, which aligns with his philosophy of leadership that emphasizes commitment and shared success.

Mar 11, 2025

Q

shares

QTWO @ $74.05

Total Stock Sold

$164.38M

QTWO

$164.38M

2,700,694 QTWO shares

What if they kept their stock?

If Matthew P. Flake didn't sell their stock, today they would have:
Extra QTWO2,700,694 shares worth $173.01M.
This is 5.25% and $8.63M more than what they got when they sold the stock.

Charitable Transactions

QTWO

21,038 shares

QTWO

Recent Charitable Transactions

QTWO

4,110 shares

QTWO

Dec 31, 2020

Charity

QTWO

16,928 shares

QTWO

Dec 10, 2019

Charity

Insider Trading

See recent insider trades of Matthew P. Flake.

QTWO

$6.82M

QTWO at $73.51/share

Mar 11, 2025

Sale

QTWO

38,814 shares

QTWO

Mar 11, 2025

Received

QTWO

121,774 shares

QTWO

Mar 6, 2025

Received

QTWO

$4.45M

QTWO at $78.28/share

Mar 6, 2025

Sale

QTWO

$5.26M

QTWO at $80.89/share

Mar 4, 2025

Sale

QTWO

$720.69K

QTWO at $49.84/share

Mar 13, 2024

Sale

QTWO

$720.69K

QTWO at $49.84/share

Mar 13, 2024

Sale

QTWO

203,556 shares

QTWO

Mar 7, 2024

Received

QTWO

$2.39M

QTWO at $46.25/share

Mar 4, 2024

Sale

QTWO

$3.34M

QTWO at $42.35/share

Feb 7, 2024

Sale

Compensation History

See how much did Matthew P. Flake make over time.

In 2022, Matthew P. Flake's total compensation was about $8.1 million. This included a base salary of $520,000 and a performance bonus of over $425,000. His bonuses are tied to key performance metrics, which keep his interests aligned with those of shareholders. Flake's compensation fluctuates based on the company's success, marking a shift from previous years when he had a lower payout, especially during the challenging times of 2020. Q2 Holdings has a clear pay-for-performance strategy in place, aiming to reward executives fairly while also holding them accountable for the company’s health. This structure not only attracts talent but also drives motivation throughout the organization.

Year

2022

Total Compensation

$978.03K

Salary

$520.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and stockholder interests.

Bonus

$425.93K

Board Justification

Annual cash bonus based on performance metrics, calculated at 81.9% of target for 2022.

Other

$32.10K

Board Justification

Includes employer's portion of premiums for health insurance and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants vested in 2022 as the focus is on cash compensation and performance metrics for the year.

Performance Metrics

Performance metrics for 2022 included corporate bookings and adjusted EBITDA.

Other Q2 Holdings CEOs

Here are other CEOs of Q2 Holdings

Odus E. Wittenburg, Jr.

Ex-CEO of Q2 Holdings

March 2019 - April 2020