Maulik Datanwala is a dynamic figure in educational technology, having initially joined PowerSchool Holdings in a significant operational role in December 2015. He rose through the ranks to become Chief Operating Officer in June 2021, steering key initiatives until his...

Maulik Datanwala is a dynamic figure in educational technology, having initially joined PowerSchool Holdings in a significant operational role in December 2015. He rose through the ranks to become Chief Operating Officer in June 2021, steering key initiatives until his resignation in September 2022. Datanwala's expertise in customer services played a crucial role in shaping PowerSchool’s strategic direction during its public transition. Before entering the world of tech, he amassed diverse experience across various sectors. With a strong educational background, including an MBA, Datanwala’s leadership style balances operational efficiency with a focus on customer satisfaction and innovation in educational solutions. In 2022, amid his endeavors, he earned a compensation package totaling approximately $2.8 million, which highlighted his impactful contributions during his tenure. His journey reflects a commitment to making education more accessible and efficient, resonating with the needs of schools and students alike. Datanwala's insight into technology and education continues to influence the domain, even after stepping down from his executive role at PowerSchool.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other PowerSchool Holdings CEOs

P

Maulik Datanwala

Ex-CEO of PowerSchool Holdings

Sector of Economy

Technology

CEO of PowerSchool Holdings for

1 year 3 months (Jun 2021 - Sep 2022)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Maulik Datanwala

Holdings

See how much did Maulik Datanwala make over time.

Maulik Datanwala’s wealth was predominantly tied to his stock holdings in PowerSchool Holdings, where he had significant restricted stock units (RSUs) and management incentive units. During his time as COO, he granted a real value to his shares, especially as...

Maulik Datanwala’s wealth was predominantly tied to his stock holdings in PowerSchool Holdings, where he had significant restricted stock units (RSUs) and management incentive units. During his time as COO, he granted a real value to his shares, especially as the company navigated its IPO phase in July 2021. At the peak, his unvested stock represented a sizable chunk of his net worth, aligning his interests with the company's performance. For instance, in 2022, his RSUs accounted for a part of a substantial 11 million dollar stock grant reflecting his commitment to the company's future. However, by late 2023, the market conditions had altered the dynamics of his holdings, showcasing the fluctuations inherent in stock market landscapes. This trajectory illustrates how executive compensation can be closely linked to company performance, particularly in rapidly evolving industries like technology in education.

Insider Trading

See recent insider trades of Maulik Datanwala.

PWSC

117,028 shares

PWSC

Mar 25, 2022

Received

PWSC

18,188 shares

PWSC

Sep 28, 2021

Received

PWSC

106,093 shares

PWSC

Sep 17, 2021

Received

Compensation History

See how much did Maulik Datanwala make over time.

In 2022, Maulik Datanwala's total compensation at PowerSchool was about $2.8 million. This included a base salary of $500,000 and a bonus that reflected his performance, which was notably tied to company metrics. His performance-based cash incentive was particularly sizable, amounting to approximately $2.1 million, due to surpassing key targets established by the firm. Furthermore, he received significant stock grants worth around $11 million, emphasizing his role in the company’s growth and alignment with shareholder interests. His compensation structure reflects a broader trend in tech firms, where executives are often rewarded for driving company results while also having their wealth tied to the stock market volatility, illustrating the high stakes in executive roles.

Year

2022

Total Compensation

$3.22M

Salary

$500.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on long-term sustainable growth.

Bonus

$2.07M

Board Justification

The actual amount earned under the Company’s performance-based cash incentive bonus program, which is 100% of his base salary with an additional stretch bonus opportunity of up to 40%.

Other

$644.50K

Board Justification

401(k) plan matching contributions made on behalf of the CEO for the fiscal year 2022.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2022 as the amounts reflect only the stock grants that are not vested.

Performance Metrics

Performance metrics include achievement of predetermined operational and financial objectives.

Other PowerSchool Holdings CEOs

Here are other CEOs of PowerSchool Holdings

Eric Shander

Ex-CEO of PowerSchool Holdings

November 2022 - December 2022