---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-21-022390"
form_type: "8-K"
ticker: "BSY"
cik: "0001031308"
company_name: "BENTLEY SYSTEMS INC"
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T10:25:30.980613+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bentley Systems promotes Cumins to COO, Andre to CFO; Hollister becomes CIO

## Summary
- Nicholas Cumins, formerly CPO, becomes COO effective Jan 1, 2022, adding sales, marketing, user success, and business operations.
- Werner Andre promoted to CFO (remains CAO) effective same date, assuming primary financial reporting and compliance duties.
- David Hollister transitions to Chief Investment Officer, retaining M&A, iTwin Ventures, and acceleration responsibilities.
- CEO Greg Bentley says promotions support seamless transition as BSY graduates from emerging growth company status.
- Director Ray Bentley to retire as EVP in December 2021 after 37 years; he spearheaded 3D engineering development.

## SEC filing metadata
- accession: 0001628280-21-022390
- form_type: 8-K
- ticker: BSY
- cik: 0001031308
- company_name: BENTLEY SYSTEMS INC
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031308/000162828021022390/0001628280-21-022390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031308/000162828021022390/bsy-20211104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-21-022390
- JSON: https://secwatch.observer/filing/0001628280-21-022390.json
- Plain text: https://secwatch.observer/filing/0001628280-21-022390.txt

## Key facts
- Executive change
  Werner Andre was named as Chief Financial Officer at BENTLEY SYSTEMS INC.
  - Action: named
  - Role: Chief Financial Officer
  source text: • Werner Andre , age 52, currently the Company’s Chief Accounting Officer and Global Controller, was named Chief Financial Officer, effective upon Mr. Hollister’s transition to his new role.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031308/000162828021022390/0001628280-21-022390-index.htm
- Executive change
  David Hollister was named as Chief Investment Officer at BENTLEY SYSTEMS INC.
  - Action: named
  - Role: Chief Investment Officer
  source text: • David Hollister , age 56, currently the Company’s Chief Financial Officer and Chief Operations Advancement Officer, was named Chief Investment Officer, effective January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031308/000162828021022390/0001628280-21-022390-index.htm
- Executive change
  Nicholas Cumins was named as Chief Operating Officer at BENTLEY SYSTEMS INC.
  - Action: named
  - Role: Chief Operating Officer
  source text: • Nicholas Cumins , age 45, currently the Company’s Chief Product Officer, was named to the position of Chief Operating Officer of the Company, effective January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031308/000162828021022390/0001628280-21-022390-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.