{
  "docId": "019dd923-622b-71dc-a6da-7dbcf853259c",
  "docSlug": "382e24b30fef",
  "documentTitle": "Autodesk, Inc. (ADSK)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 64,
  "pageCount": 88,
  "prevPage": 63,
  "nextPage": 65,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 16,
  "notes": "The slide highlights a negative governance practice by contrasting Autodesk with its peers.",
  "elementsJson": [
    "headline_text",
    "comparison_table",
    "callout_box"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6da-7dbcf853259c/64",
  "deckHref": "/decks/019dd923-622b-71dc-a6da-7dbcf853259c",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6da-7dbcf853259c.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-7dbcf853259c#slide-64",
  "components": [
    {
      "bbox": {
        "h": 0.2,
        "w": 0.35,
        "x": 0.6,
        "y": 0.43
      },
      "kind": "callout",
      "text": "Unlike Autodesk, ServiceNow disclosed both the actual magnitude of the mid-year adjustment & the original targets and capped payouts on the adjusted targets",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0242198f-a0a5-4c14-85a8-c46c9fa85fcc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.8,
        "x": 0.05,
        "y": 0.96
      },
      "kind": "source-note",
      "text": "Source: Public company filings and earnings transcripts. Note: Peer compensation group includes companies included in Autodesk's definitive proxy for the 2024 Annual Meeting.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a475e8d9-f6fc-412f-8ef8-fd692ee85918",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.9,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "table",
      "text": "List of companies and their compensation target status (Maintained vs Adjusted)",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b512ea2a-5fc4-4ea0-b62f-494dff8d5f14",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "title",
      "text": "Mid-year compensation adjustments are extremely rare and reflect poor compensation practices",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "60e0d8cc-fb7f-4c13-983b-30c593ba2d9d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "Autodesk's Decision to Make a Mid-Year Adjustment in 2022 Was Rare Among Peers",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "22bc79eb-4106-4440-a520-db4bad3f7c7d",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "comparison-frame",
      "slug": null,
      "matchId": "baf3fc20-cf59-48e8-8014-b68f1bbb1a97",
      "evidence": "Contrasting Autodesk's behavior against a peer group to highlight a negative outlier.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 65,
      "from": 56,
      "beatId": "38d703fc-0a77-4fd2-8704-25fe20e85964",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Villain Critique",
      "beatSlug": null,
      "evidence": "The presentation critiques the Board's oversight and executive compensation practices",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 88,
      "from": 4,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "caff0ba1-c341-428c-8bfc-3a5587038a61",
      "evidence": "The presentation highlights the consequences of not taking action to address Autodesk's underperformance",
      "position": 0,
      "objective": "The cost of inaction is significant value destruction",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}