Ribbon Communications Management

Management criteria checks 2/4

Ribbon Communications' CEO is Bruce McClelland, appointed in Mar 2020, has a tenure of 4.08 years. total yearly compensation is $2.70M, comprised of 27.8% salary and 72.2% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth €3.08M. The average tenure of the management team and the board of directors is 2.3 years and 4.1 years respectively.

Key information

Bruce McClelland

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage	27.8%
CEO tenure	4.1yrs
CEO ownership	0.7%
Management average tenure	2.3yrs
Board average tenure	4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bruce McClelland's remuneration changed compared to Ribbon Communications's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$58m
Dec 31 2023	US$3m	US$750k	-US$66m
Sep 30 2023	n/a	n/a	-US$53m
Jun 30 2023	n/a	n/a	-US$58m
Mar 31 2023	n/a	n/a	-US$66m
Dec 31 2022	US$2m	US$750k	-US$98m
Sep 30 2022	n/a	n/a	-US$215m
Jun 30 2022	n/a	n/a	-US$256m
Mar 31 2022	n/a	n/a	-US$202m
Dec 31 2021	US$781k	US$750k	-US$177m
Sep 30 2021	n/a	n/a	US$43m
Jun 30 2021	n/a	n/a	US$109m
Mar 31 2021	n/a	n/a	US$77m
Dec 31 2020	US$5m	US$479k	US$89m

Compensation vs Market: Bruce's total compensation ($USD2.70M) is above average for companies of similar size in the German market ($USD991.22K).

Compensation vs Earnings: Bruce's compensation has increased whilst the company is unprofitable.

CEO

Bruce McClelland (56 yo)

4.1yrs

Tenure

US$2,698,124

Compensation

Mr. Bruce W. McClelland is the President, Chief Executive Officer and Director of Ribbon Communications Inc. since March 1, 2020. He served as the Chief Operating Officer at CommScope Holding Company, Inc....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bruce McClelland	President	4.1yrs	US$2.70m	0.74% $ 3.9m
Miguel A. Ben	Executive VP & CFO	3.8yrs	US$1.99m	0.23% $ 1.2m
Salvatore Bucci	Executive VP & COO	1.2yrs	US$1.84m	0.19% $ 970.8k
Patrick Macken	Executive VP	3.8yrs	US$1.55m	0.13% $ 669.7k
Dan Redington	Executive Vice President of Global Sales	2.3yrs	US$1.29m	0.061% $ 320.2k
Jamie Gibson	Vice President of Technology & Sales Engineering	no data	no data	no data
Joni Roberts	Chief Marketing Officer & Senior VP	1.3yrs	no data	no data
Petrena Ferguson	Senior Vice President of Human Resources	no data	no data	no data
David Stokes	Head of IP Solutions & IP Portfolio Marketing	2.3yrs	no data	no data
Lindsay Savarese	Investor Relations Officer	no data	no data	no data

2.3yrs

Average Tenure

56yo

Average Age

Experienced Management: NU42's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bruce McClelland	President	4.1yrs	US$2.70m	0.74% $ 3.9m
Richard Smith	Director	6.5yrs	no data	no data
Bruns Grayson	Lead Independent Director	6.5yrs	US$280.00k	0.35% $ 1.8m
Beatriz Infante	Independent Director	14.3yrs	US$252.00k	0.15% $ 780.0k
R. Ewing	Independent Director	4.2yrs	US$250.00k	0.056% $ 294.2k
Shaul Shani	Chairman	3.8yrs	US$145.00k	0.031% $ 161.8k
Scott Mair	Independent Director	1.6yrs	US$227.50k	0.023% $ 122.2k
Tanya Tamone	Independent Director	3.8yrs	US$212.50k	0.047% $ 243.9k

4.1yrs

Average Tenure

68yo

Average Age

Experienced Board: NU42's board of directors are considered experienced (4.1 years average tenure).

Ribbon Communications Management

Management criteria checks 2/4

Key information

Recent management updates

Ribbon Communications Inc., Annual General Meeting, Jun 04, 2024

Insider recently sold €91k worth of stock

Ribbon Communications Inc. Appoints Joni Roberts as Chief Marketing Officer and SVP

Insufficient new directors

Ribbon Communications Inc., Annual General Meeting, Aug 03, 2023

Ribbon Communications Inc. Appoints Dan Redington as Executive Vice President of Sales for the Americas Region

Recent updates

New minor risk - Shareholder dilution

Ribbon Communications Inc. to Report Q1, 2024 Results on Apr 24, 2024

Ribbon Communications Inc., Annual General Meeting, Jun 04, 2024

Full year 2023 earnings released: US$0.39 loss per share (vs US$0.63 loss in FY 2022)

Insider recently sold €91k worth of stock

Full year 2023 earnings released: US$0.39 loss per share (vs US$0.63 loss in FY 2022)

Ribbon Communications Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

New major risk - Revenue and earnings growth

Ribbon Communications Inc. to Report Q4, 2023 Results on Feb 14, 2024

Ribbon Communications Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2023

Third quarter 2023 earnings released: US$0.079 loss per share (vs US$0.12 loss in 3Q 2022)

Ribbon Communications Inc. to Report Q3, 2023 Results on Oct 25, 2023

Second quarter 2023 earnings released: US$0.13 loss per share (vs US$0.20 loss in 2Q 2022)

Ribbon Communications Inc. to Report Q2, 2023 Results on Jul 26, 2023

Ribbon Communications Inc. Appoints Joni Roberts as Chief Marketing Officer and SVP

Insufficient new directors

Ribbon Communications Inc., Annual General Meeting, Aug 03, 2023

Full year 2022 earnings released: US$0.63 loss per share (vs US$1.20 loss in FY 2021)

Full year 2022 earnings released: US$0.63 loss per share (vs US$1.20 loss in FY 2021)

Ribbon Communications Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2023

Ribbon's Comprehensive STIR/SHAKEN Solution Enables Colt to Meet French Market Regulatory Mandates

Ribbon Communications Inc. to Report Q4, 2022 Results on Feb 15, 2023

Ribbon Communications Inc. Appoints Dan Redington as Executive Vice President of Sales for the Americas Region

High number of new directors

Ribbon Communications Inc. Enables New Cloud Connect for Webex Calling

Third quarter 2022 earnings released: US$0.12 loss per share (vs US$0.40 loss in 3Q 2021)

Ribbon Communications Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Ribbon's SBCs are certified for Google Voice SIP Link for Global Availability

Ribbon Communications Inc. to Report Q3, 2022 Results on Oct 26, 2022

Ribbon Appoints Scott Mair to its Board of Directors

Ribbon Communications Inc. announced that it has received $52.067499 million in funding from Neuberger Berman BD LLC, Heights Capital Management, Inc., JPMorgan Chase & Co., Swarth Investments L.L.C.

Ribbon Communications Inc. announced that it expects to receive $52.0025 million in funding from Neuberger Berman BD LLC, Heights Capital Management, Inc., JPMorgan Chase & Co., Swarth Investments L.L.C.

Ribbon Communications Inc. announced that it expects to receive $52.0025 million in funding from Neuberger Berman BD LLC, Heights Capital Management, Inc., JPMorgan Chase & Co., Swarth Investments L.L.C.

Second quarter 2022 earnings released: US$0.20 loss per share (vs US$0.16 profit in 2Q 2021)

Ribbon Communications Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2022

Ribbon Communications Inc. to Report Q2, 2022 Results on Jul 27, 2022

Ribbon Communications Reportedly Receiving a Lot of Acquisition Interest from Suitors

Insider recently sold €132k worth of stock

First quarter 2022 earnings released: US$0.47 loss per share (vs US$0.31 loss in 1Q 2021)

High number of new directors

Ribbon Communications Inc. to Report Q1, 2022 Results on Apr 27, 2022

Ribbon Communications Inc., Annual General Meeting, May 25, 2022

Ribbon Communications Inc. Announces Departure of Krish A. Prabhu, A Member of the Company's Board of Directors

Lead Independent Director recently bought €256k worth of stock

Ribbon Communications Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2022 and Full Year Ending December 31, 2022

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

Investor sentiment deteriorated over the past week

Ribbon Communications Inc. Announces the Availability of its New SBC CNe (Cloud Native Edition) Edge

Investor sentiment improved over the past week

Third quarter 2021 earnings released: US$0.40 loss per share (vs US$0.043 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.16 (vs US$0.057 loss in 2Q 2020)

Ribbon Communications Inc. Announces its New TM400_2 Line Card

First quarter 2021 earnings released: US$0.31 loss per share (vs US$0.27 loss in 1Q 2020)

Ribbon Communications Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2021

Ribbon Communications Inc. Apollo OTN Transport and Switching Platforms Selects to Upgrade Cinia

Insider recently sold €126k worth of stock

Ribbon Enterprise Session Border Controllers Certified with Twilio Elastic SIP Trunks to Deliver Direct Routing for Microsoft Teams

Investor sentiment deteriorated over the past week

Full year 2020 earnings released: EPS US$0.64 (vs US$1.19 loss in FY 2019)

Revenue beats expectations

New 90-day high: €8.95

New 90-day high: €6.40

Ribbon Communications Inc. to Report Q4, 2020 Results on Feb 17, 2021

Ribbon Appoints Tom Berry as Vice President of Investor Relations

Ribbon Communications Inc. Announces Executive Changes

Ribbon Communications Inc. and SYNNEX Corporation Expand Reseller Partnership Into the Caribbean and Latin America

Claro Brasil Selects Ribbon Communications Inc.'s Cloud-Native SBCs for Network Expansion

Mobex Deploys Ribbon Session Border Controller SWe Lite to Power New Microsoft Teams Offerings

Ribbon Communications Inc.'s SBCs Support New Branch Survivability Option for Microsoft Teams Direct Routing