AI brief of an SEC Form 8-K · Bentley Systems (BSY)

Bentley Systems names James Lee chief operating officer; product chief role eliminated

Neutral Impact 3 of 5 leadership Written later

Bentley Systems appointed James Lee as Chief Operating Officer effective January 13, 2025, after he spent time at Google Cloud and SAP. The company also eliminated the Chief Product Officer position, and Michael M. Campbell will leave on January 21, 2025 under a separation agreement that includes a $1.5 million cash severance payment.

Key points

  • James Lee appointed COO effective January 13, 2025, with a base salary of $400,000 (prorated for 2025) and an initial OTI target of $400,000 (prorated)
  • Lee to receive a one-time RSU grant with an aggregate value of $7.5 million, plus 2025 annual RSU awards of $488,889 time-based and $488,889 performance-based
  • Chief Product Officer role eliminated; product development consolidated under CTO Julien Moutte
  • Michael M. Campbell leaves January 21, 2025 and will receive a $1.5 million cash severance payment

The filing

CompanyBentley Systems (BSY)
Form8-K, current report
Filed with the SECJan 13, 2025, 8:06 AM ET
Accession number0001104659-25-002871

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 13, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.