About

Matthew P. Flake has served as Chief Executive Officer of Q2's sole operating subsidiary, Q2 Software, Inc., since December 2011, as Q2 Holdings' Chief Executive Officer and a director since October 2013, as Chairman of the board since June 2024, and as President since November 2025 (a role he also held from 2008 to 2016 and 2019 to 2023). He joined the company in 2005 as Vice President of Sales and previously worked in sales leadership at S1 Corporation and Q-Up Systems. He holds a B.A. in Business from Baylor University.

Roles

Q2 Holdings, Inc.
President, Chief Executive Officer & Chairman of the Board · Current role
2013–present
Q2 Holdings, Inc.
President · One of two earlier stints as President in addition to serving as CEO.
March 2019 - May 2023
Q2 Holdings, Inc.
Vice President of Sales · Initial role after joining the company.
June 2005 - March 2008
S1 Corporation
Regional Sales Director · Provider of internet-based financial services solutions.
2002 - May 2005
Q-Up Systems, Inc.
Regional Sales Manager · Provider of interactive web-based solutions for community banks and credit unions.
August 1999 - 2002

External Roles

Dell Children's Medical Center
Chair, Board of Trustees
AffiniPay
Director

Fixed Compensation

FY 2025
Salary
$520,000
ComponentAnnual base salary
All other compensation
$46,633
Health and welfare benefits$27,889
401(k) matching$10,500
Other (20th anniversary gift)$8,244
Total compensation
$11,492,510

Performance Compensation

Data from FY 2025

Cash incentive

Annual cash incentive (actual)
$552,879
Target Opportunity
$520,000
Threshold$260,000
Maximum$780,000
Plan2025 Cash Bonus Plan

Stock awards

Restricted stock units (RSUs)
$4,708,392
Shares granted60,887
Grant date3/6/2025
VestingFour equal annual installments
Performance stock units (Adjusted EBITDA Margin)
$2,354,235
Target shares30,444
Threshold shares15,222
Maximum shares60,888
Grant date3/6/2025
Performance stock units (relative TSR)
$3,310,372
Target shares30,443
Threshold shares15,221
Maximum shares60,886
Grant date3/6/2025

Also at Q2 Holdings, Inc.

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