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Aspen Technology Executive Compensation (FY24)

AZPN · Executive and director compensation, fiscal 2022 to 2024

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Data as of September 7, 2026Latest filing (8-K): December 19, 2024
5 filings cited on this page
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Aspen Technology brief$1,500Get the executive brief
189 figures on this page: 186 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
Chief executive, fiscal 2024
◇
Antonio Pietri
Latest say-on-pay support
=
December 17, 2024

More on Aspen Technology

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Antonio Pietri: $1,402,317 → $11,541,446

Frequently asked questions

Answers drawn from the data on this page.
Who is Aspen Technology's chief executive and what were they paid?
Total compensation for Antonio Pietri, President and Chief Executive Officer, came to $11,541,446 in fiscal 2024. Compared with the $1,402,317 reported for fiscal 2023, Pietri's total was up.
What was Aspen Technology's say-on-pay result?
The say-on-pay proposal drew 96.1% support at the meeting held December 17, 2024 for fiscal 2024.
Which companies are in Aspen Technology's peer group?
The disclosed peer group names ACI Worldwide, Inc., ANSYS, Inc., Bentley Systems, Inc., DocuSign, Inc. and Dynatrace, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Antonio Pietri
President and Chief Executive Officer
◇—◇◇◇—◇◇
Chantelle Breithaupt
Former Senior Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Chantelle Breithaupt
Former Senior Vice President, Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Manish Chawla
Senior Vice President and Chief Customer Officer
◇—◇◇◇—◇◇
Mark Mouritsen
Former Senior Vice President and Chief Legal Officer
◇—◇◇◇—◇◇
Frederic Hammond
Former Senior Vice President, General Counsel and Secretary
Departed during or after this year
◇—◇◇◇—◇◇
Antonio Pietri
President and Chief Executive Officer
◇———◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Antonio Pietri
President and Chief Executive Officer
◇—◇—◇—◇◇
Chantelle Breithaupt
Former Senior Vice President, Chief Financial Officer and Treasurer
Departed during or after this year
◇—◇—◇—◇◇
Mark Mouritsen
Former Senior Vice President and Chief Legal Officer
Departed during or after this year
◇—◇—◇—◇◇
Christopher Stagno
Corporate Vice President and Chief Accounting Officer
◇◇◇—◇—◇◇
David Baker
Senior Vice President, Chief Financial Officer and Treasurer
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Antonio PietriRSU◇——◇——◇
Antonio PietriRSU◇——◇——◇
Chantelle BreithauptRSU◇——◇——◇
Chantelle BreithauptRSU◇——◇——◇
Christopher StagnoRSU◇——— withheld——◇
Christopher StagnoPSU◇—— withheld—◇—◇
Christopher StagnoRSU◇——— withheld——◇
David BakerRSU◇——◇——◇
Mark MouritsenRSU◇——◇——◇
Mark MouritsenRSU◇——◇——◇
Fiscal 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Antonio PietriRSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Mark MouritsenRSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
Christopher StagnoRSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
David BakerRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Antonio Pietri
President and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2024 filing
Severance cash amount◇
Equity acceleration on change in control◇
Christopher Stagno
Corporate Vice President and Chief Accounting Officer · Terms as described in the company’s compensation discussion · citing a 2024 filing
Severance cash amount◇
Equity acceleration on change in control◇
David Baker
Senior Vice President, Chief Financial Officer and Treasurer · Terms as described in the company’s compensation discussion · citing a 2024 filing
Severance cash amount◇
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas F. Bogan
◇◇———◇◇
Karen M. Golz
◇◇———◇◇
Patrick M. Antkowiak
◇◇———◇◇
Arlen R. Shenkman
◇◇———◇◇
Robert M. Whelan, Jr
Board chair
◇◇————◇
David J. Henshall
—◇———◇◇
Ram R. Krishnan and Antonio J. Pietri served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • ACI Worldwide, Inc. ACIW
  • ANSYS, Inc. ANSS
  • Bentley Systems, Inc. BSY
  • DocuSign, Inc. DOCU
  • Dynatrace, Inc. DT
  • Envestnet, Inc. ENV
  • Fair Isaac Corporation FICO
  • Manhattan Associates, Inc. MANH
  • PTC, Inc. PTC
  • RingCentral, Inc. RNG
  • Teradata Corporation TDC
  • Trade Desk, Inc. TTD
  • UiPath Inc. PATH
  • Verint Systems, Inc. VRNT

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2024December 17, 2024=◇◇◇
2022December 14, 2023=◇◇◇
2021December 15, 2022=◇◇◇
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What this page does not include

Everything above is a fact Aspen Technology disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Aspen Technology sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
189 figures on this page: 186 cited to the filing that reported them, 3 calculated from figures it prints.
186 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001897982-24-000086
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001897982-24-000062
    Compensation Discussion and Analysis · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year End · and 1 more section
  3. 0001897982-23-000083
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001897982-23-000065
    SUMMARY COMPENSATION TABLE · Summary Compensation Table
  5. 0001897982-22-000054
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Aspen Technology executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/AZPN (accessed 2026).
Short form: data: Velarion

The paid brief for Aspen Technology

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Aspen Technology discloses

The companies named in AZPN's own disclosed peer group.

ACI Worldwide, Inc.ANSYS, Inc.Bentley Systems, Inc.DocuSign, Inc.Dynatrace, Inc.Envestnet, Inc.Fair Isaac CorporationManhattan Associates, Inc.PTC, Inc.RingCentral, Inc.Teradata CorporationTrade Desk, Inc.UiPath Inc.Verint Systems, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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