Mark Lenhard is the Chief Operating Officer and lead strategist at Bill.com. His career began with major roles at Adobe and Magento, which honed his skills in technology and business growth. He earned his B.A. in Economics from Yale and...

Mark Lenhard is the Chief Operating Officer and lead strategist at Bill.com. His career began with major roles at Adobe and Magento, which honed his skills in technology and business growth. He earned his B.A. in Economics from Yale and an MBA from Stanford, schools known for shaping influential leaders. Lenhard's transition to Bill.com came after serving as CEO of Invoice2go, a key acquisition that enhanced Bill.com's offerings. In the past year, he oversaw significant changes at Bill.com as it aimed for greater efficiency and scale. His leadership is visible in the company’s performance metrics and strategic direction, focusing on long-term growth and innovation.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other BILL Holdings CEOs

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Mark Lenhard

Ex-CEO of BILL Holdings

Education

B.A. in Economics from Yale University, M.B.A. from Stanford Business School

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1976 - 49 years ago

CEO of BILL Holdings for

0 years 11 months (Sep 2021 - Sep 2022)

Previous Experience

Chief Executive Officer of Invoice2go, Vice President, Commerce Strategy & Growth at Adobe Inc., Senior Vice President, Strategy & Growth at Magento Commerce, roles at JP Morgan Chase & Co. and PayPal, Inc.

Rivals

Competitors/colleagues of Mark Lenhard

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Toby Williams

CEO of Paylocity

2022 Compensation

Stock

$8.19M

Salary

$625.33K

Bonus

$0.00

Other

$114.48K

Total Holdings

$24.85M

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Yamini Rangan

CEO of HubSpot

2023 Compensation

Stock

$0.00

Salary

$80.00K

Bonus

$0.00

Other

$145.17K

Total Holdings

$44.99M

Holdings

See how much did Mark Lenhard make over time.

Throughout 2021 and into 2022, Mark Lenhard engaged in significant insider trading activity, reflecting his strong position and confidence in Bill Holdings. At one point, his holdings were as high as $25.18 million in value and fluctuated month-to-month. His best...

Throughout 2021 and into 2022, Mark Lenhard engaged in significant insider trading activity, reflecting his strong position and confidence in Bill Holdings. At one point, his holdings were as high as $25.18 million in value and fluctuated month-to-month. His best trading months included values around $19.20 million and $17.51 million in later months, showing a trend of high activity and investment in the company's growth. By late 2024, monthly trading values dipped to around $5.00 million, indicating a potential shift in focus or market conditions. Lenhard’s strategic moves in his holdings can reveal insights about the company's market performance and growth strategy.

Mar 18, 2025

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shares

BILL @ $46.94

Total Stock Sold

$11.98M

BILL

$11.98M

35,000 BILL shares

What if they kept their stock?

If Mark Lenhard didn't sell their stock, today they would have:
Extra BILL35,000 shares worth $2.46M.
This is -79.5% and $9.52M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Mark Lenhard.

BILL

$11.95M

BILL at $341.51/share

Nov 9, 2021

Sale

Compensation History

See how much did Mark Lenhard make over time.

In 2022, Mark Lenhard received a total compensation package worth $600,000, which included a base salary of $400,000 and a performance-based bonus of $100,000. The bonus reflects the company's success in achieving revenue growth and profitability goals. He also saw 5,000 shares vest, valued at around $150,000, aligning his interests with the company’s long-term success. His role in compensation shows the company’s aim to retain top talent while emphasizing performance metrics linked to their growth strategies. Overall, Lenhard’s compensation highlights how the company rewards leadership based on measurable success.

Year

2022

Total Compensation

$700.00K

Salary

$400.00K

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term value creation and retention of top executive talent through competitive pay structures.

Bonus

$100.00K

Board Justification

The bonus is based on the company's performance metrics, including revenue growth and profitability targets achieved during the fiscal year 2022.

Other

$50.00K

Board Justification

Other compensation includes health benefits and retirement contributions.

Restricted Stock

$150.00K(5K RSU)

Board Justification

5,000 shares of restricted stock units (RSUs) vested in 2022, granted in prior years based on performance criteria.

Performance Metrics

Performance metrics include revenue growth, profitability, and operational efficiency targets.

Other BILL Holdings CEOs

Here are other CEOs of BILL Holdings

Aida Alvarez

CEO of BILL Holdings

May 2022 - Present