D. Scott McGowan is the CEO of Agilysys, a software company known for its innovative solutions in hospitality management. Born in 1978, he holds an MBA from a top business school, which laid a strong foundation for his career in...

D. Scott McGowan is the CEO of Agilysys, a software company known for its innovative solutions in hospitality management. Born in 1978, he holds an MBA from a top business school, which laid a strong foundation for his career in the software industry. McGowan joined Agilysys in 2022 and has since been focused on driving the company's financial performance and aligning executive compensation with the company's success. In 2023, he earned $1,249,366, mainly from a base salary of $600,000 and a performance bonus of $630,000, reflecting his commitment to exceeding financial goals set for the company. What's interesting is that he had a cash-focused compensation strategy in place for 2023, meaning no stock options were vested or granted that year. This could be a sign of his focus on immediate results rather than long-term stock performance. Under his leadership, the company has shown commitment to performance metrics, notably revenue growth and adjusted EBITDA. Before stepping into this role, he built significant experience in the software field, a crucial skill for navigating this competitive industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Agilysys CEOs

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D. Scott McGowan

CEO of Agilysys

Education

MBA from a top business school.

Field of Expertise

Technology & Engineering - Software

Sector of Economy

Technology

Born

January 1, 1978 - 47 years ago

CEO of Agilysys for

2 years 4 months (Dec 2022 - Present)

Previous Experience

Extensive experience in executive roles within the software industry.

Rivals

Competitors/colleagues of D. Scott McGowan

Holdings

See how much did D. Scott McGowan make over time.

D. Scott McGowan currently holds a significant amount of his wealth in Agilysys stock, reflecting his belief in the company’s potential. While specific numbers on his holdings aren’t detailed, it’s clear that as the current CEO, his financial interests are...

D. Scott McGowan currently holds a significant amount of his wealth in Agilysys stock, reflecting his belief in the company’s potential. While specific numbers on his holdings aren’t detailed, it’s clear that as the current CEO, his financial interests are tied closely to the company's market performance. Over recent years, those holdings may have fluctuated, particularly around times of corporate announcements or shifts in company strategy. As of 2023, the focus on cash compensation over stock options indicates a strategic approach to incentivizing short-term performance rather than long-term stock accumulation. This suggests he is keen on meeting immediate company goals, possibly positioning himself to enhance his equity value in alignment with improved company performance.

Insider Trading

See recent insider trades of D. Scott McGowan.

No insider trades found for this CEO.

Compensation History

See how much did D. Scott McGowan make over time.

In 2023, D. Scott McGowan's total compensation reached $1,249,366. This amount mainly came from a mix of his base salary of $600,000 and a performance-based bonus of $630,000, which was slightly over target due to exceeding the company's financial performance goals. Interestingly, there were no stock options or grants during that year, which marks a distinct approach to executive compensation focused on cash rather than equity. His compensation strategy aligns closely with Agilysys' performance, emphasizing metrics like revenue growth and adjusted EBITDA. This means that McGowan’s pay is directly tied to how well the company does, reflecting a modern approach to executive remuneration that seeks to align interests between the CEO and shareholders.

Year

2023

Total Compensation

$1.25M

Salary

$600.00K

Board Justification

The compensation philosophy emphasizes performance-based compensation tied to annual goals and long-term value creation, aligning executive pay with shareholder interests.

Bonus

$630.00K

Board Justification

The annual incentive for Mr. McGowan was based on company financial performance metrics, with a target annual incentive set at 100% of his base salary, resulting in a payout of 105% of the target due to exceeding performance goals.

Other

$19.37K

Board Justification

Other compensation includes 401(k) company match and executive life insurance benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus was on cash compensation and performance-based incentives.

Performance Metrics

The performance metrics for determining the CEO's compensation included revenue growth and adjusted EBITDA.

Other Agilysys CEOs

Here are other CEOs of Agilysys

Ramesh Srinivasan

Ex-CEO of Agilysys

January 2017 - December 2022