Gogo Management
Management criteria checks 3/4
Gogo's CEO is Oakleigh Thorne, appointed in Mar 2018, has a tenure of 6.17 years. total yearly compensation is $3.55M, comprised of 19.7% salary and 80.3% bonuses, including company stock and options. directly owns 0.62% of the company’s shares, worth €6.76M. The average tenure of the management team and the board of directors is 3 years and 9.9 years respectively.
Key information
Oakleigh Thorne
Chief executive officer
US$3.6m
Total compensation
| CEO salary percentage | 19.7% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.6% |
| Management average tenure | 3yrs |
| Board average tenure | 9.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$4m | US$700k | US$146m |
| Sep 30 2023 | n/a | n/a | US$159m |
| Jun 30 2023 | n/a | n/a | US$158m |
| Mar 31 2023 | n/a | n/a | US$90m |
| Dec 31 2022 | US$3m | US$700k | US$92m |
| Sep 30 2022 | n/a | n/a | US$272m |
| Jun 30 2022 | n/a | n/a | US$271m |
| Mar 31 2022 | n/a | n/a | US$183m |
| Dec 31 2021 | US$3m | US$700k | US$155m |
| Sep 30 2021 | n/a | n/a | -US$69m |
| Jun 30 2021 | n/a | n/a | -US$97m |
| Mar 31 2021 | n/a | n/a | -US$45m |
| Dec 31 2020 | US$3m | US$563k | -US$49m |
| Sep 30 2020 | n/a | n/a | -US$33m |
| Jun 30 2020 | n/a | n/a | -US$27m |
| Mar 31 2020 | n/a | n/a | -US$81m |
| Dec 31 2019 | US$3m | US$700k | -US$88m |
| Sep 30 2019 | n/a | n/a | -US$147m |
| Jun 30 2019 | n/a | n/a | -US$182m |
| Mar 31 2019 | n/a | n/a | -US$151m |
| Dec 31 2018 | US$5m | US$591k | -US$52m |
| Sep 30 2018 | n/a | n/a | -US$143m |
| Jun 30 2018 | n/a | n/a | -US$151m |
| Mar 31 2018 | n/a | n/a | -US$158m |
| Dec 31 2017 | US$200k | n/a | -US$172m |
Compensation vs Market: Oakleigh's total compensation ($USD3.55M) is above average for companies of similar size in the German market ($USD1.30M).
Compensation vs Earnings: Oakleigh's compensation has been consistent with company performance over the past year.
CEO
Oakleigh Thorne (65 yo)
6.2yrs
Tenure
US$3,554,176
Compensation
Mr. Oakleigh Thorne has been Chief Executive Officer of Gogo Inc. since March 4, 2018 and served as its President since March 4, 2018 until April 1, 2022. Mr. Thorne serves as a Chairman & Chief Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.2yrs | US$3.55m | 0.62% $ 6.8m | |
| President & COO | 2.1yrs | US$1.61m | 0.10% $ 1.1m | |
| Executive VP & CFO | 1.2yrs | US$1.22m | 0.056% $ 613.0k | |
| Executive VP | 1.5yrs | US$1.52m | 0.0078% $ 85.2k | |
| VP, Controller & Chief Accounting Officer | 1.6yrs | no data | 0.0052% $ 56.6k | |
| Vice President of Investor Relations | 6yrs | no data | no data | |
| Senior Vice President of Product & Marketing | 3yrs | no data | no data | |
| Senior Vice President of Business Aviation Solutions | no data | no data | no data | |
| Chief Strategy Officer | 3yrs | no data | no data | |
| Strategic Technology Advisor | no data | US$1.21m | no data |
3.0yrs
Average Tenure
51yo
Average Age
Experienced Management: G0G's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.9yrs | US$3.55m | 0.62% $ 6.8m | |
| Lead Independent Director | 7.8yrs | US$254.97k | 0.039% $ 424.1k | |
| Independent Director | 17.9yrs | US$239.98k | 0.062% $ 669.5k | |
| Independent Director | 7.8yrs | US$249.97k | 0.00070% $ 7.6k | |
| Independent Director | 3.2yrs | US$239.98k | no data | |
| Independent Director | 14.3yrs | US$239.98k | 3.02% $ 32.7m | |
| Independent Director | 14.2yrs | US$259.97k | 0.016% $ 178.0k | |
| Independent Director | 9.9yrs | US$239.98k | 0.0012% $ 12.7k | |
| Independent Director | 1.1yrs | US$162.73k | no data |
9.9yrs
Average Tenure
59yo
Average Age
Experienced Board: G0G's board of directors are considered experienced (9.9 years average tenure).