Sundar PichaiSundar Pichai earned $164M in 2023

Amar Hanspal served as Co-CEO of Autodesk from February 2017 until June 2017, stepping into the role alongside Andrew Anagnost during a pivotal time for the company. With a solid background in engineering, he earned a Bachelor's degree from the...

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Amar Hanspal

Ex-CEO of Autodesk

Education

M.S. in Mechanical Engineering, State University of New York at Stony Brook; B.E. in Mechanical Engineering, University of Bombay

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1964 - 61 years ago

CEO of Autodesk for

0 years 4 months (Feb 2017 - Jun 2017)

Previous Experience

Senior Vice President, Products, Co-founder and Vice President of Marketing at RedSpark

Holdings

See how much did Amar Hanspal make over time.

Amar Hanspal's financial journey with Autodesk reveals interesting shifts. Initially, he had considerable wealth tied up in stock awards and options related to company performance. For instance, upon leaving in June 2017, he had equity awards worth approximately $11 million,...

Total Stock Sold

$5.02M

ADSK

$5.02M

76,671 ADSK shares

What if they kept their stock?

If Amar Hanspal didn't sell their stock, today they would have:
Extra ADSK76,671 shares worth $12.64M.
This is 152.07% and $7.63M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Amar Hanspal.

AZPN

752 shares

AZPN

Mar 13, 2022

Received

AZPN

816 shares

AZPN

Sep 1, 2021

Received

AZPN

1,006 shares

AZPN

Jul 22, 2020

Received

ADSK

20,614 shares

ADSK

Mar 24, 2017

Received

ADSK

17,502 shares

ADSK

Mar 14, 2017

Received

ADSK

17,936 shares

ADSK

Feb 23, 2017

Received

ADSK

$3.03M

ADSK at $76.24/share

Dec 27, 2016

Sale

ADSK

$1.19M

ADSK at $62.50/share

Aug 15, 2016

Sale

ADSK

34,305 shares

ADSK

Jun 1, 2016

Received

ADSK

16,536 shares

ADSK

Mar 28, 2016

Received

Compensation History

See how much did Amar Hanspal make over time.

In 2017, Amar Hanspal's total compensation package was about $5.3 million. His pay included a base salary of $554,231 with a small bonus of $1,000 based on his years of service, but no stock options or grants were awarded that year due to a shift in focus to separation benefits after his tenure ended. His compensation was structured to reflect the company's targets and success metrics, which emphasized performance. The company officially recognized his efforts with a significant severance package that verified his contributions during a crucial transition period at Autodesk. This approach aligns with many major tech companies, emphasizing the balance between rewarding leaders and maintaining company performance.

Year

2017

Total Compensation

$562.02K

Salary

$554.23K

Board Justification

The compensation philosophy emphasizes alignment with company performance and retention strategies, focusing on competitive rewards to attract and retain top executive talent.

Bonus

$1.00K

Board Justification

This bonus represents a nominal amount related to years of service as part of an Autodesk company-wide program.

Other

$6.79K

Board Justification

This includes various other compensation elements such as health benefits and retirement contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2017 as the focus was on separation payments and benefits due to resignation.

Performance Metrics

The performance metrics for determining compensation were not applicable for Mr. Hanspal in 2017 due to his resignation.