VeriSign Management

Management criteria checks 3/4

VeriSign's CEO is Jim Bidzos, appointed in Jan 1995, has a tenure of 28.92 years. total yearly compensation is $11.28M, comprised of 8.4% salary and 91.6% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth €100.40M. The average tenure of the management team and the board of directors is 8.7 years and 12.4 years respectively.

Key information

Jim Bidzos

Chief executive officer

US$11.3m

Total compensation

CEO salary percentage	8.4%
CEO tenure	28.9yrs
CEO ownership	0.5%
Management average tenure	8.7yrs
Board average tenure	12.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Bidzos's remuneration changed compared to VeriSign's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	US$732m
Jun 30 2023	n/a	n/a	US$713m
Mar 31 2023	n/a	n/a	US$695m
Dec 31 2022	US$11m	US$946k	US$674m
Sep 30 2022	n/a	n/a	US$824m
Jun 30 2022	n/a	n/a	US$812m
Mar 31 2022	n/a	n/a	US$792m
Dec 31 2021	US$10m	US$925k	US$785m
Sep 30 2021	n/a	n/a	US$612m
Jun 30 2021	n/a	n/a	US$626m
Mar 31 2021	n/a	n/a	US$631m
Dec 31 2020	US$10m	US$961k	US$815m
Sep 30 2020	n/a	n/a	US$806m
Jun 30 2020	n/a	n/a	US$789m
Mar 31 2020	n/a	n/a	US$784m
Dec 31 2019	US$9m	US$925k	US$612m
Sep 30 2019	n/a	n/a	US$646m
Jun 30 2019	n/a	n/a	US$630m
Mar 31 2019	n/a	n/a	US$611m
Dec 31 2018	US$9m	US$913k	US$582m
Sep 30 2018	n/a	n/a	US$503m
Jun 30 2018	n/a	n/a	US$480m
Mar 31 2018	n/a	n/a	US$475m
Dec 31 2017	US$9m	US$842k	US$457m
Sep 30 2017	n/a	n/a	US$460m
Jun 30 2017	n/a	n/a	US$459m
Mar 31 2017	n/a	n/a	US$450m
Dec 31 2016	US$11m	US$792k	US$441m

Compensation vs Market: Jim's total compensation ($USD11.28M) is above average for companies of similar size in the German market ($USD4.53M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.

CEO

Jim Bidzos (68 yo)

28.9yrs

Tenure

US$11,279,095

Compensation

Mr. D. James Bidzos, also known as Jim, is the Founder of VeriSign, Inc. and has been its Executive Chairman since August 17, 2009 and has been its Chief Executive Officer since August 1, 2011 and served a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
D. Bidzos	Executive Chairman of the Board & CEO	28.9yrs	US$11.28m	0.49% $ 100.4m
Todd Strubbe	President & COO	8.7yrs	US$4.65m	0.092% $ 19.0m
George Kilguss	Executive VP & CFO	11.6yrs	US$3.85m	0.090% $ 18.4m
Thomas Indelicarto	Executive VP	9.1yrs	US$3.37m	0.025% $ 5.1m
Danny McPherson	Executive VP of Engineering & Operations and Chief Security Officer	no data	US$3.83m	0.012% $ 2.4m
Burt Kaliski	Senior VP & CTO	no data	no data	no data
David Atchley	VP, Treasury & Investor Relations	no data	no data	no data
Christine Lentz	Senior Vice President of Corporate Services & Compliance	1.9yrs	no data	no data
Ebrahim Keshavarz	Senior Vice President of Marketing	2.3yrs	no data	no data
Ellen Petrocci	Senior Vice President of Human Resources	no data	no data	no data
Patrick Kane	Senior Vice President of Naming & Registry Services	no data	US$1.57m	no data
Scott Schnell	Senior VP & Executive Strategic Advisor	2.3yrs	no data	no data

8.7yrs

Average Tenure

61yo

Average Age

Experienced Management: VRS's management team is seasoned and experienced (8.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
D. Bidzos	Executive Chairman of the Board & CEO	28.7yrs	US$11.28m	0.49% $ 100.4m
Roger Moore	Lead Independent Director	21.8yrs	US$401.72k	0.043% $ 8.7m
Timothy Tomlinson	Independent Director	16.1yrs	US$379.84k	0.015% $ 3.0m
Jamie Gorelick	Independent Director	8.9yrs	US$319.84k	0.019% $ 4.0m
Kathleen Cote	Independent Director	15.8yrs	US$334.84k	0.028% $ 5.8m
Thomas Frist	Independent Director	8yrs	US$328.59k	0.015% $ 3.0m
Yehuda Buchalter	Independent Director	4.4yrs	US$319.84k	0.0044% $ 909.6k
Courtney Armstrong	Independent Director	2.5yrs	US$299.84k	0.0037% $ 753.6k

12.4yrs

Average Tenure

70yo

Average Age

Experienced Board: VRS's board of directors are seasoned and experienced ( 12.4 years average tenure).

VeriSign Management

Management criteria checks 3/4

Key information

Recent management updates

VeriSign, Inc. Announces Board Changes, Effective April 5, 2024

President & COO recently sold €1.5m worth of stock

Independent Director recently sold €203k worth of stock

Insufficient new directors

Independent Director recently sold €281k worth of stock

Independent Director recently sold €507k worth of stock

Recent updates

VeriSign, Inc. to Report Q1, 2024 Results on Apr 25, 2024

VeriSign, Inc. Announces Board Changes, Effective April 5, 2024

VeriSign, Inc. to Report Q3, 2023 Results on Oct 26, 2023

New minor risk - Insider selling

President & COO recently sold €1.5m worth of stock

VeriSign, Inc. Revises Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: EPS: US$1.79 (vs US$1.54 in 2Q 2022)

VeriSign, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Independent Director recently sold €203k worth of stock

Insufficient new directors

Independent Director recently sold €281k worth of stock

Independent Director recently sold €507k worth of stock

Full year 2022 earnings released: EPS: US$6.25 (vs US$7.01 in FY 2021)

VeriSign, Inc. to Report Q4, 2022 Results on Feb 09, 2023

Insufficient new directors

Independent Director recently sold €141k worth of stock

Third quarter 2022 earnings released: EPS: US$1.58 (vs US$1.40 in 3Q 2021)

VeriSign, Inc. Updated Full Year 2022 Guidance

VeriSign, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Independent Director recently sold €125k worth of stock

Insufficient new directors

Second quarter 2022 earnings released: EPS: US$1.54 (vs US$1.32 in 2Q 2021)

Now 21% undervalued after recent price drop

VeriSign, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

First quarter 2022 earnings released: EPS: US$1.43 (vs US$1.33 in 1Q 2021)

VeriSign, Inc., Annual General Meeting, May 26, 2022

VeriSign, Inc., Annual General Meeting, May 26, 2022

VeriSign, Inc. to Report Q1, 2022 Results on Apr 28, 2022

Independent Director recently sold €54k worth of stock

VeriSign, Inc. Provides Earnings Guidance for the Fiscal Year 2021

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS US$1.40 (vs US$1.49 in 3Q 2020)

Independent Director recently sold €114k worth of stock

VeriSign, Inc. Provides Earnings Guidance for the Year 2021

Second quarter 2021 earnings released: EPS US$1.32 (vs US$1.32 in 2Q 2020)

VeriSign, Inc.(NasdaqGS:VRSN) dropped from Russell 1000 Dynamic Index

VeriSign, Inc.(NasdaqGS:VRSN) dropped from Russell 1000 Growth-Defensive Index

Independent Director recently sold €179k worth of stock

VeriSign, Inc. Provides Earnings Guidance for the Full Year 2021

First quarter 2021 earnings released: EPS US$1.33 (vs US$2.87 in 1Q 2020)

Independent Director recently sold €158k worth of stock

New 90-day low: €157

Full year 2020 earnings released: EPS US$7.08 (vs US$5.17 in FY 2019)

Revenue beats expectations

New 90-day low: €159

VeriSign, Inc. to Report Q4, 2020 Results on Feb 11, 2021

New 90-day low: €163

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

VeriSign, Inc. to Report Q1, 2019 Results on Apr 25, 2019

VeriSign, Inc. to Report Q3, 2020 Results on Oct 22, 2020

VeriSign, Inc. (Nasdaq: VRSN) agreed to acquire Thawte Consulting.

New 90-day low - €169

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age