J. Boyd Douglas, Jr. served as the CEO of TruBridge, Inc. from its early days in 2006 until June 30, 2022. With a career at the company starting in 1988 as a Financial Software Support Representative, he climbed the ranks...

J. Boyd Douglas, Jr. served as the CEO of TruBridge, Inc. from its early days in 2006 until June 30, 2022. With a career at the company starting in 1988 as a Financial Software Support Representative, he climbed the ranks to become the president and CEO. His leadership journey spans over three decades, showing a deep commitment and understanding of the business. During his time as CEO, Douglas was recognized for his focus on performance metrics like Adjusted EBITDA and revenue growth, which directly influenced his compensation structure. In 2021, he brought home nearly $1.9 million, reflecting a significant bonus tied to company performance. After announcing his retirement, he transitioned into a senior advisory role, maintaining influence in the company until the end of 2022. He also played a pivotal role in appointing his successor, Christopher L. Fowler, ensuring a smooth leadership transition. Douglas was consistently vested in company stock, which peaked in value during his tenure, showcasing his alignment with shareholder interests. His experience and commitment have been key to TruBridge's growth and performance in the healthcare technology sector.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other TruBridge, Inc. CEOs

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J. Boyd Douglas, Jr.

Ex-CEO of TruBridge, Inc.

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

January 1, 1967 - 58 years ago

CEO of TruBridge, Inc. for

22 years 11 months (Jul 1999 - Jun 2022)

Previous Experience

Various roles at TruBridge, Inc. since 1990

Rivals

Competitors/colleagues of J. Boyd Douglas, Jr.

Holdings

See how much did J. Boyd Douglas, Jr. make over time.

J. Boyd Douglas, Jr. was significantly invested in TruBridge stock, which reflected his commitment to the company. By the end of 2021, he held approximately 156,121 shares of the company’s common stock, valued at around $1.168 million at year-end prices....

J. Boyd Douglas, Jr. was significantly invested in TruBridge stock, which reflected his commitment to the company. By the end of 2021, he held approximately 156,121 shares of the company’s common stock, valued at around $1.168 million at year-end prices. His stock holdings had boomed alongside the company's performance, showing a peak in value and support for his financial stake in the firm's success. Despite a decline in his compensation in his final year as CEO, due to a decrease in performance bonuses, his earlier stock awards consistently appreciated. This pattern represents a journey of ups and downs but speaks to a long-term view he maintained while at the helm of TruBridge, indicating a leadership style that prioritized sustainable growth and alignment with company success.

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Insider Trading

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Compensation History

See how much did J. Boyd Douglas, Jr. make over time.

J. Boyd Douglas, Jr.'s compensation fluctuated significantly throughout his tenure as CEO of TruBridge, Inc. In 2022, his total compensation was $1.32 million, consisting of a base salary of $315,000, a performance-based cash bonus of $242,863, and additional stock awards that contributed to his earnings. His compensation plan was tied directly to company performance metrics, ensuring that his financial interests were in line with those of the shareholders. Over the years, Douglas earned total compensation upwards of $1.9 million in 2021. However, his retirement marked a decrease in earnings compared to previous years, demonstrating the fluctuations inherent in leadership roles based on performance and company conditions. His approach to compensation reflects a model aiming to reward leadership tied to results and sustainable growth for company stakeholders.

Year

2022

Total Compensation

$1.31M

Salary

$315.00K

Board Justification

The compensation program is designed to motivate and retain executive officers, align their financial interests with those of stockholders, and reward performance that enhances stockholder returns.

Bonus

$242.86K

Board Justification

The actual performance-based cash bonus that Mr. Douglas earned for the 2022 performance period, as he is entitled to a pro rata portion of his outstanding cash incentive award based on the actual attainment of performance goals under his employment agreement.

Other

$317.00K

Board Justification

Continued salary payments received from June 30, 2022 through December 31, 2022, as per his Transition Agreement.

Restricted Stock

$435.14K(13.18K restricted stock)

Board Justification

Shares of restricted stock that vested during the year 2022, calculated based on the closing price of the Company’s common stock on NASDAQ on December 30, 2022.

Performance Metrics

The performance metrics include Adjusted EBITDA, recurring revenue growth, and total customer retention.

Other TruBridge, Inc. CEOs

Here are other CEOs of TruBridge, Inc.

Christopher L. Fowler

CEO of TruBridge, Inc.

July 2022 - Present