Iridium Communications Management
Management criteria checks 2/4
Iridium Communications' CEO is Matt Desch, appointed in Sep 2006, has a tenure of 17.58 years. total yearly compensation is $9.02M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.68% of the company’s shares, worth €24.31M. The average tenure of the management team and the board of directors is 11.3 years and 13.5 years respectively.
Key information
Matt Desch
Chief executive officer
US$9.0m
Total compensation
CEO salary percentage | 10.9% |
CEO tenure | 17.6yrs |
CEO ownership | 0.7% |
Management average tenure | 11.3yrs |
Board average tenure | 13.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$25m |
Dec 31 2023 | US$9m | US$981k | US$15m |
Sep 30 2023 | n/a | n/a | -US$23m |
Jun 30 2023 | n/a | n/a | -US$20m |
Mar 31 2023 | n/a | n/a | US$16m |
Dec 31 2022 | US$7m | US$952k | US$9m |
Sep 30 2022 | n/a | n/a | US$4m |
Jun 30 2022 | n/a | n/a | -US$588k |
Mar 31 2022 | n/a | n/a | -US$1m |
Dec 31 2021 | US$5m | US$956k | -US$9m |
Sep 30 2021 | n/a | n/a | -US$11m |
Jun 30 2021 | n/a | n/a | -US$13m |
Mar 31 2021 | n/a | n/a | -US$30m |
Dec 31 2020 | US$4m | US$957k | -US$56m |
Sep 30 2020 | n/a | n/a | -US$156m |
Jun 30 2020 | n/a | n/a | -US$170m |
Mar 31 2020 | n/a | n/a | -US$178m |
Dec 31 2019 | US$4m | US$927k | -US$166m |
Sep 30 2019 | n/a | n/a | -US$68m |
Jun 30 2019 | n/a | n/a | -US$65m |
Mar 31 2019 | n/a | n/a | -US$51m |
Dec 31 2018 | US$3m | US$900k | -US$24m |
Sep 30 2018 | n/a | n/a | US$124m |
Jun 30 2018 | n/a | n/a | US$164m |
Mar 31 2018 | n/a | n/a | US$192m |
Dec 31 2017 | US$3m | US$874k | US$218m |
Compensation vs Market: Matt's total compensation ($USD9.02M) is above average for companies of similar size in the German market ($USD2.56M).
Compensation vs Earnings: Matt's compensation has increased by more than 20% in the past year.
CEO
Matt Desch (65 yo)
17.6yrs
Tenure
US$9,017,273
Compensation
Mr. Matthew J. Desch, also known as Matt, has been the Chief Executive Officer at Iridium Satellite LLC since September 21, 2006. Mr. Desch has been the Chief Executive Officer of Iridium Communications In...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 17.6yrs | US$9.02m | 0.68% $ 24.3m | |
CFO, Chief Administrative Officer & Director | 14yrs | US$3.59m | 0.12% $ 4.2m | |
COO & Director | 5.2yrs | US$3.36m | 0.073% $ 2.6m | |
Executive Vice President of Sales & Marketing | 11.3yrs | US$2.18m | 0.034% $ 1.2m | |
Executive Vice President of Government Programs | 11.3yrs | US$2.15m | 0.094% $ 3.3m | |
Chief Technical Officer | 2.8yrs | no data | no data | |
VP & Chief Information Officer | 2.3yrs | no data | no data | |
Vice President of Investor Relations | no data | no data | no data | |
Chief Legal Officer & Company Secretary | 2.3yrs | no data | 0.021% $ 730.7k | |
President & CEO of Aireon LLC | 12.3yrs | US$1.29m | no data |
11.3yrs
Average Tenure
59yo
Average Age
Experienced Management: 6IC's management team is seasoned and experienced (11.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 14.6yrs | US$9.02m | 0.68% $ 24.3m | |
CFO, Chief Administrative Officer & Director | 10.7yrs | US$3.59m | 0.12% $ 4.2m | |
COO & Director | 3.9yrs | US$3.36m | 0.073% $ 2.6m | |
Independent Director | 3.1yrs | US$245.00k | 0.015% $ 517.0k | |
Independent Chairman of the Board | 16.2yrs | US$377.52k | 0.11% $ 3.8m | |
Independent Director | 16.2yrs | US$250.00k | 0.030% $ 1.1m | |
Member of Government Advisory Board | no data | no data | no data | |
Independent Director | 14.6yrs | US$327.98k | 0.33% $ 11.8m | |
Member of Government Advisory Board | no data | no data | no data | |
Chairman of The Government Advisory Board | no data | no data | no data | |
Independent Director | 12.3yrs | US$343.26k | 0.0041% $ 145.3k | |
Member of The Government Advisory Board | no data | no data | no data |
13.5yrs
Average Tenure
67yo
Average Age
Experienced Board: 6IC's board of directors are seasoned and experienced ( 13.5 years average tenure).