Sundar PichaiSundar Pichai earned $164M in 2023

Eric Shander is the President and Chief Financial Officer of PowerSchool Holdings, Inc. He took on this role in November 2022, having previously been the Chief Financial Officer since April 2020. His career is built on solid financial leadership, with...

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Eric Shander

Ex-CEO of PowerSchool Holdings

Sector of Economy

Technology

CEO of PowerSchool Holdings for

0 years 1 month (Nov 2022 - Dec 2022)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Eric Shander

Holdings

See how much did Eric Shander make over time.

Eric Shander's stock holdings illustrate his significant stake in PowerSchool. In 2022, he received restricted stock units (RSUs) valued at $4.6 million as part of his compensation, indicating a clear investment in the company's future. His total holdings have fluctuated,...

Total Stock Sold

$5.20M

PWSC

$5.20M

237,816 PWSC shares

What if they kept their stock?

If Eric Shander didn't sell their stock, today they would have:
Extra PWSC237,816 shares worth $4.28M.
This is -17.7% and $920.65K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Eric Shander.

PWSC

$109.31K

PWSC at $22.77/share

Sep 18, 2024

Sale

PWSC

$67.69K

PWSC at $22.74/share

Sep 5, 2024

Sale

PWSC

$657.29K

PWSC at $22.51/share

Jul 11, 2024

Sale

PWSC

$874.09K

PWSC at $22.51/share

Jul 9, 2024

Sale

PWSC

$219.52K

PWSC at $22.43/share

Jun 27, 2024

Sale

PWSC

$107.12K

PWSC at $22.33/share

Jun 20, 2024

Sale

PWSC

$36.00K

PWSC at $22.50/share

Jun 10, 2024

Sale

PWSC

$476.65K

PWSC at $22.29/share

Jun 4, 2024

Sale

PWSC

$67.73K

PWSC at $20.65/share

Apr 3, 2024

Sale

PWSC

$136.79K

PWSC at $20.77/share

Apr 1, 2024

Sale

Compensation History

See how much did Eric Shander make over time.

In 2022, Eric Shander's compensation totaled $594,416. His base salary of $450,000 reflects his leadership role at PowerSchool Holdings. The bonus structure is tied to performance metrics, showing a strong link between his pay and the company's operational success. Notably, Eric was awarded $4.6 million worth of RSUs, further tying his financial future to the company's growth. This arrangement implies a pay-for-performance philosophy, motivating him to drive the company's success while ensuring that he feels the impact of the company’s results. His compensation package indicates the critical importance of aligning the interests of executives with those of shareholders in the tech world, especially in a competitive environment.

Year

2022

Total Compensation

$865.15K

Salary

$450.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, ensuring that executive compensation reflects the company's operational and financial goals.

Bonus

$401.42K

Board Justification

The target annual bonus for Eric Shander was 75% of his annualized base salary, with an additional stretch bonus opportunity of up to 55%. The actual amount earned for 2022 was based on performance metrics.

Other

$13.73K

Board Justification

This amount reflects 401(k) plan matching contributions made on behalf of Eric Shander for the fiscal year 2022.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2022; only stock grants and options are excluded from total calculations.

Performance Metrics

The performance metrics for determining the bonus included operational and financial objectives set at the beginning of the fiscal year.