Bandwidth Management
Management criteria checks 3/4
Bandwidth's CEO is David Morken, appointed in Jan 1999, has a tenure of 25.25 years. total yearly compensation is $1.98M, comprised of 26.1% salary and 73.9% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth €2.22M. The average tenure of the management team and the board of directors is 3.3 years and 7.4 years respectively.
Key information
David Morken
Chief executive officer
US$2.0m
Total compensation
| CEO salary percentage | 26.1% |
| CEO tenure | 25.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 3.3yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$516k | -US$16m |
| Sep 30 2023 | n/a | n/a | US$28m |
| Jun 30 2023 | n/a | n/a | US$32m |
| Mar 31 2023 | n/a | n/a | US$30m |
| Dec 31 2022 | US$5m | US$494k | US$20m |
| Sep 30 2022 | n/a | n/a | -US$22m |
| Jun 30 2022 | n/a | n/a | -US$28m |
| Mar 31 2022 | n/a | n/a | -US$29m |
| Dec 31 2021 | US$3m | US$471k | -US$27m |
| Sep 30 2021 | n/a | n/a | -US$39m |
| Jun 30 2021 | n/a | n/a | -US$35m |
| Mar 31 2021 | n/a | n/a | -US$48m |
| Dec 31 2020 | US$4m | US$450k | -US$44m |
| Sep 30 2020 | n/a | n/a | -US$26m |
| Jun 30 2020 | n/a | n/a | -US$25m |
| Mar 31 2020 | n/a | n/a | -US$556k |
| Dec 31 2019 | US$2m | US$375k | US$2m |
| Sep 30 2019 | n/a | n/a | US$3m |
| Jun 30 2019 | n/a | n/a | US$7m |
| Mar 31 2019 | n/a | n/a | US$14m |
| Dec 31 2018 | US$1m | US$375k | US$18m |
| Sep 30 2018 | n/a | n/a | US$19m |
| Jun 30 2018 | n/a | n/a | US$18m |
| Mar 31 2018 | n/a | n/a | US$9m |
| Dec 31 2017 | US$2m | US$375k | US$5m |
Compensation vs Market: David's total compensation ($USD1.98M) is above average for companies of similar size in the German market ($USD1.02M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Morken (54 yo)
25.3yrs
Tenure
US$1,975,635
Compensation
Mr. David Andrew Morken serves as Director of Collab Ai Inc. Mr. Morken serves as an Advisor of Sovereign's Capital. Mr. Morken is also a Co-Founder, Chairman of the board of directors of Relay, Incorporat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 25.3yrs | US$1.98m | 0.49% $ 2.2m | |
| Executive VP & CFO | 2.8yrs | US$2.92m | 0.14% $ 645.8k | |
| Chief Operating Officer | 2.2yrs | US$1.77m | 0.28% $ 1.3m | |
| General Counsel & Secretary | 3.3yrs | US$1.10m | 0.093% $ 424.5k | |
| Chief People Officer & Director | 14.3yrs | US$1.33m | 0.077% $ 351.5k | |
| Principal Accounting Officer | 1.2yrs | no data | 0.036% $ 164.3k | |
| Chief Technology Officer | 7.3yrs | US$1.03m | 0.28% $ 1.3m | |
| Chief Information Officer | 4.5yrs | no data | 0.094% $ 427.0k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Product Officer | 3.5yrs | no data | no data | |
| Senior Vice President of Operations | 2.2yrs | no data | no data | |
| Chief Revenue Officer | 2yrs | no data | no data |
3.3yrs
Average Tenure
54yo
Average Age
Experienced Management: 5XB's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 23.3yrs | US$1.98m | 0.49% $ 2.2m | |
| Chief People Officer & Director | 2.3yrs | US$1.33m | 0.077% $ 351.5k | |
| Independent Director | 11.2yrs | US$242.50k | 0.14% $ 619.3k | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 5.5yrs | US$252.50k | 0.13% $ 574.4k | |
| Independent Director | 8.3yrs | US$242.50k | 0.55% $ 2.5m | |
| Independent Director | 6.5yrs | US$250.00k | 0.072% $ 328.7k |
7.4yrs
Average Tenure
56yo
Average Age
Experienced Board: 5XB's board of directors are considered experienced (7.4 years average tenure).