Odus E. Wittenburg, Jr. is the former Executive Vice President of Customer Experience at Q2 Holdings, Inc., a tech company focused on banking solutions. He has a solid background in customer experience and has held important roles to drive the...

Odus E. Wittenburg, Jr. is the former Executive Vice President of Customer Experience at Q2 Holdings, Inc., a tech company focused on banking solutions. He has a solid background in customer experience and has held important roles to drive the company’s strategy and performance. Wittenburg has a Harvard Business School M.B.A., which shows he has strong business skills. He joined Q2 in 2016 and was promoted to President in 2019. Just a year later, he moved up again to oversee customer experience for the entire company. He announced his resignation in March 2020, which marked a significant change for the leadership at Q2. During his time there, his compensation included a salary and performance bonuses linked to the company's success, showing that his earnings were tied to how well Q2 performed. Overall, Wittenburg played a key role in shaping the culture and customer-focused mission of Q2 Holdings.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Q2 Holdings CEOs

Q

Odus E. Wittenburg, Jr.

Ex-CEO of Q2 Holdings

Education

M.B.A. from Harvard Business School

Sector of Economy

Technology

Born

March 1, 1965 - 60 years ago

CEO of Q2 Holdings for

1 year 0 months (Mar 2019 - Apr 2020)

Previous Experience

Executive Vice President, Customer Experience at Q2 Holdings, Inc.

Rivals

Competitors/colleagues of Odus E. Wittenburg, Jr.

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 Odus E. Wittenburg, Jr. make over time.

Odus E. Wittenburg, Jr. did not have significant reported holdings in Q2 Holdings at the time of his departure in April 2020. Prior to this, his wealth was tied primarily to his salary and bonuses as executive vice president, rather...

Odus E. Wittenburg, Jr. did not have significant reported holdings in Q2 Holdings at the time of his departure in April 2020. Prior to this, his wealth was tied primarily to his salary and bonuses as executive vice president, rather than stock options or equity. His compensation fluctuated over the years, with a notable total of $730,829 in 2019, which included a salary of $520,000 and a performance bonus of $260,000. This was considerably higher than his 2020 total compensation of $598,651, indicating a shift in his financial standing as he transitioned out of the company. His decision to focus on performance metrics rather than stock options reflects a prioritization on immediate company performance, rather than long-term equity holdings. As he moved on, Wittenburg's direct financial ties to Q2 had significantly reduced, aligning with stockholders' interests over time.

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Total Stock Sold

$15.45M

QTWO

$15.45M

246,068 QTWO shares

What if they kept their stock?

If Odus E. Wittenburg, Jr. didn't sell their stock, today they would have:
Extra QTWO246,068 shares worth $15.76M.
This is 2% and $308.94K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Odus E. Wittenburg, Jr..

QTWO

$741.59K

QTWO at $66.75/share

Mar 10, 2020

Sale

QTWO

$616.40K

QTWO at $73.98/share

Mar 4, 2020

Sale

QTWO

$255.46K

QTWO at $85.81/share

Feb 21, 2020

Sale

QTWO

$1.91M

QTWO at $90.10/share

Aug 23, 2019

Sale

QTWO

$1.21M

QTWO at $80.61/share

Jul 22, 2019

Sale

QTWO

$1.12M

QTWO at $74.50/share

May 28, 2019

Sale

QTWO

$1.13M

QTWO at $75.00/share

Apr 26, 2019

Sale

QTWO

$548.36K

QTWO at $68.82/share

Mar 12, 2019

Sale

QTWO

18,852 shares

QTWO

Mar 6, 2019

Received

QTWO

$1.45M

QTWO at $69.02/share

Mar 1, 2019

Sale

Compensation History

See how much did Odus E. Wittenburg, Jr. make over time.

Odus E. Wittenburg's compensation as Executive Vice President at Q2 Holdings was notable for its structure and performance-based elements. In 2019, he earned a total compensation of $730,829, which included a salary of $520,000 and a performance bonus of $260,000 linked to the company's success on revenue targets. The performance bonus potential was built on strong metrics, reflecting the company's ability to meet set goals. By 2020, his total compensation dipped to $598,651, highlighting how bonuses were tightly connected to the company's performance in that year. Other components of his pay included benefits, which were relatively standard, and he was never granted stock options that vested during his time. Wittenburg's compensation strategy was aligned with Q2's performance metrics, aiming to keep executives focused on achieving measurable goals rather than long-term equity rewards, ensuring a direct alignment with shareholder interests.

Year

2020

Total Compensation

$599.65K

Salary

$400.00K

Board Justification

The compensation philosophy focuses on aligning executive pay with performance metrics and market benchmarks to attract and retain top talent.

Bonus

$180.00K

Board Justification

The bonus is based on performance metrics set by the board, with a target of 100% of base salary, guaranteed for 2021.

Other

$19.65K

Board Justification

Other compensation includes health benefits and retirement contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2020 as the focus was on performance-based stock units that have not yet vested.

Performance Metrics

Performance metrics include revenue growth and adjusted EBITDA targets.

Other Q2 Holdings CEOs

Here are other CEOs of Q2 Holdings

Matthew P. Flake

CEO of Q2 Holdings

April 2017 - Invalid Date