Andrew Appel became the Interim CEO of E2open Parent Holdings, Inc. on October 10, 2023, bringing over 25 years of experience in management and business strategy. He previously led IRI as President and CEO, a company focused on data analytics...

Andrew Appel became the Interim CEO of E2open Parent Holdings, Inc. on October 10, 2023, bringing over 25 years of experience in management and business strategy. He previously led IRI as President and CEO, a company focused on data analytics for consumer brands. With a Bachelor's degree in economics from UCLA and an MBA from the University of Chicago, Appel has held several significant roles in top companies, including Accretive Health and Aon. At E2open, he’s had an immediate focus on performance-based growth, with his compensation plan linked to key performance metrics like subscription revenue and adjusted EBITDA. This blend of experience in technology and analytics positions him well for the challenges at E2open. His appointment followed a management shift in the company, indicating a responsive leadership structure. Andrew's diverse background and analytic approach are likely to steer E2open towards future successes.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other E2open Parent Holdings CEOs

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Andrew Appel

CEO of E2open Parent Holdings

Education

MBA from University of Chicago, Bachelor's degree in Economics from UCLA

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

April 20, 1965 - 60 years ago

CEO of E2open Parent Holdings for

1 year 9 months (Oct 2023 - Present)

Previous Experience

President and CEO at IRI, Chief Revenue Officer of Accretive Health, Chief Operating Officer of Aon, Senior Partner at McKinsey & Company

Rivals

Competitors/colleagues of Andrew Appel

Holdings

See how much did Andrew Appel make over time.

As of his latest filings, Andrew Appel holds a significant stock option package linked to performance at E2open. He was granted 1,700,000 performance options with a target exercise price of $4.11, contingent on meeting specific performance metrics. These options could...

As of his latest filings, Andrew Appel holds a significant stock option package linked to performance at E2open. He was granted 1,700,000 performance options with a target exercise price of $4.11, contingent on meeting specific performance metrics. These options could peak at a maximum of 3,400,000 based on performance achievements, showcasing the company’s commitment to aligning executive incentives with shareholder value. Additionally, Appel received 1,500,000 performance-based restricted stock units (RSUs), which also have performance conditions attached. Such large grants signal confidence in his leadership and the company's strategic direction. His previous performance in roles at IRI and other firms indicate a track record that investors will be keenly watching as his stakes increase depending on E2open's success. Overall, this structure emphasizes a results-driven approach in his role as CEO.

Insider Trading

See recent insider trades of Andrew Appel.

ETWO

275,101 shares

ETWO

Oct 12, 2023

Received

Compensation History

See how much did Andrew Appel make over time.

In 2023, Andrew Appel's total compensation reached approximately $27.6 million, mainly driven by substantial stock options and restricted stock grants. His base salary for the year was $650,000, yet he did not participate in a short-term incentive plan due to his interim position, reflecting the unique structure of his role. The bulk of his package includes a target grant of 1.5 million performance-based RSUs and 1.7 million stock options, all contingent on performance outcomes. This compensation philosophy aligns his financial growth directly with the company’s performance, particularly in organic subscription growth and adjusted EBITDA. Appel's approach to incentivizing top performance highlights the need for accountability and results in leadership roles.

Year

2023

Total Compensation

$662.50K

Salary

$650.00K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain top talent while aligning executive performance with corporate strategies and business objectives.

Bonus

$0.00

Board Justification

Mr. Appel was not a participant in the short-term incentive plan for FY 2024 as he was in an Interim CEO role.

Other

$12.50K

Board Justification

Includes advisory fees for Mr. Appel prior to CEO appointment.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as Mr. Appel was not a participant in the long-term incentive plan for FY 2024.

Performance Metrics

The performance metrics for the CEO's compensation are based on organic subscription revenue growth, net bookings, and adjusted EBITDA.

Other E2open Parent Holdings CEOs

Here are other CEOs of E2open Parent Holdings

Michael A. Farlekas

Ex-CEO of E2open Parent Holdings

March 2021 - October 2023