NEIL BARUA

Corporate Board Profile

Tech Score: 0/100

PTC INC.

Filing Date	Source Excerpt
2024-01-03	Neil Barua CEO-Elect, PTC Inc. Age 46 Director since 2023. Mr. Barua joined PTC in January 2023 upon PTC’s acquisition of ServiceMax, where he was the CEO. Upon joining PTC, he was appointed as President of PTC’s Service Lifecycle Management Business and served in that role until his appointment as CEO-Elect in July 2023. He was granted service-based RSUs valued at $5,000,000 on the date of grant. Upon his promotion to CEO-Elect in July 2023, his base salary was increased to $800,000 and his target annual performance-based bonus was increased to $1,200,000, both pro-rated for 2023, and his target annual equity grant for 2024 was set at $10 million.
2025-01-02	Neil Barua, President and Chief Executive Officer, age 47, has served as our Chief Executive Officer since February 2024. He served as our CEO-Elect from July 2023 through February 2024, and as the President of our Service Lifecycle Management business from January 2023 through July 2023. Mr. Barua was the Chief Executive Officer of ServiceMax, Inc. from April 2019 through January 2023, when PTC acquired ServiceMax. We do not pay any compensation to our CEO for service on the Board.

Filing Date

Source Excerpt

2024-01-03

Neil Barua CEO-Elect, PTC Inc. Age 46 Director since 2023. Mr. Barua joined PTC in January 2023 upon PTC’s acquisition of ServiceMax, where he was the CEO. Upon joining PTC, he was appointed as President of PTC’s Service Lifecycle Management Business and served in that role until his appointment as CEO-Elect in July 2023. He was granted service-based RSUs valued at $5,000,000 on the date of grant. Upon his promotion to CEO-Elect in July 2023, his base salary was increased to $800,000 and his target annual performance-based bonus was increased to $1,200,000, both pro-rated for 2023, and his target annual equity grant for 2024 was set at $10 million.

2025-01-02

Neil Barua, President and Chief Executive Officer, age 47, has served as our Chief Executive Officer since February 2024. He served as our CEO-Elect from July 2023 through February 2024, and as the President of our Service Lifecycle Management business from January 2023 through July 2023. Mr. Barua was the Chief Executive Officer of ServiceMax, Inc. from April 2019 through January 2023, when PTC acquired ServiceMax. We do not pay any compensation to our CEO for service on the Board.

Data sourced from SEC filings. Last updated: 2026-02-03