Bentley Systems (BSY) executive compensation, 2026 proxy

Nicholas H. Cumins, Chief Executive Officer, was paid $4.8M in fiscal 2025, down 64% from $13.5M the year before. The CEO-to-median-employee pay ratio was 54:1, on median employee pay of $88,531.

Filed
April 10, 2026
Annual meeting
May 21, 2026
Pay year
fiscal 2025
Named executives
5
CEO total pay
$4.8M-64% vs prior year
CEO to median employee
54:1median $88,531
CEO pay in equity
64%$3.1M in awards
Prior say-on-pay support
97%of votes cast
Total Revenue
$1.5BUp 11.0% over 2024
ARR Growth
11.5%Constant currency growth rate
PSU Payout
101.7%Based on 2025 performance
Say-on-Pay Support
97%Prior year support

How Cumins was paid

$4.8M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary16%Stock awards64%Non-equity incentive17%All other compensation2%

Named executive officers

ExecutiveTotal
Nicholas H. CuminsChief Executive Officer$4,815,961
Werner AndreChief Financial Officer$2,793,593
Gregory S. BentleyExecutive Chairperson and President$9,304,359
James K. LeeChief Operating Officer$9,496,680
David R. ShamanChief Legal Officer$2,511,906

What changed and why

  • $1.5BTotal revenues reached approximately $1.5 billion, representing an 11.0% increase over 2024.
  • $1,462MAnnualized Recurring Revenues grew to $1,462 million with an 11.5% constant currency growth rate.
  • 101.7%Participating NEOs earned 101.7% of their target PSUs based on AOI less SBC margin and New Business results.
  • 97%Stockholders cast approximately 97% support for the advisory Say-on-Pay vote in 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.