Corero Network Security Management
Management criteria checks 3/4
Corero Network Security's CEO is Carl Herberger, appointed in Jan 2024, has a tenure of 2.33 years. total yearly compensation is $742.00K, comprised of 47.2% salary and 52.8% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth £229.39K. The average tenure of the management team and the board of directors is 2.3 years and 4.8 years respectively.
Key information
Carl Herberger
Chief executive officer
US$742.0k
Total compensation
| CEO salary percentage | 47.17% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.3yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CNS: Latin American And APAC DDoS Deals Will Support Future Rerating Potential
Analysts have made a small trim to their price target for Corero Network Security, reflecting slightly higher discount rate assumptions and a modestly lower profit margin outlook, while keeping fair value unchanged at £0.14 and nudging the assumed future P/E multiple to 26.9x. What's in the News Corero Network Security announced a partnership with EdgeUno to offer automated DDoS protection as a fully managed service across EdgeUno's regional footprint, built on the SmartWall ONE platform and rolled out in phases starting with IP Transit customers (Key Developments).CNS: Latin American And APAC DDoS Partnerships Will Support Future Rerating Potential
Analysts have lifted their price target on Corero Network Security to £0.14. This reflects updated assumptions that keep fair value around £0.14 while adjusting the discount rate, profit margin expectations and a lower future P/E multiple.CNS: Latin American And APAC DDoS Deals Will Support Measured Rerating Potential
Analysts have maintained their price target on Corero Network Security broadly in line with their earlier view, with only a modest adjustment that reflects updated assumptions on discount rate, profit margin expectations, and a slightly lower future P/E multiple. What's in the News Corero Network Security plc entered a partnership with EdgeUno to offer automated DDoS protection as a fully managed service across EdgeUno's regional footprint, using the SmartWall ONE platform to help keep services online during faster and harder to detect attacks (Key Developments).
Always On Cyber Protection And Global Expansion Will Support Long Term Upside Potential
Catalysts About Corero Network Security Corero Network Security provides specialised cyber protection that keeps customers' online services available by filtering and blocking disruptive attacks in real time. What are the underlying business or industry changes driving this perspective?CNS: Latin American DDoS Partnership Will Drive Future Rerating Potential
Analysts have slightly reduced their price target on Corero Network Security, reflecting marginal adjustments to fair value, discount rate and future P/E assumptions rather than any major change in their overall view of the business. What's in the News Corero Network Security entered into a partnership with Auben Networks, its first regional agreement in Argentina, with Auben set to resell Corero's full DDoS protection portfolio, including the SmartWall ONE platform, across Argentina, Chile and neighboring markets (Key Developments).Even With A 26% Surge, Cautious Investors Are Not Rewarding Corero Network Security plc's (LON:CNS) Performance Completely
Jan 13
CNS: Future DDoS Contract Wins Will Drive Rerating Potential
Analysts have trimmed their price target for Corero Network Security to approximately £0.14 per share from about £0.19, citing updated assumptions around higher projected revenue growth, a slightly different discount rate, modestly adjusted profit margins, and a lower expected future P/E multiple. What's in the News Reaffirmed guidance for the year ending December 31, 2025, with expected revenue in a range of $24.0m to $25.5m, compared with reported revenue of $24.6m for FY 2024 (Corporate guidance).Corero Network Security plc's (LON:CNS) 38% Cheaper Price Remains In Tune With Revenues
Jul 17Corero Network Security (LON:CNS) Is Looking To Continue Growing Its Returns On Capital
May 24Corero Network Security plc (LON:CNS) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing
Apr 08
New Partnerships With Akamai And Juniper Will Expand Global Cybersecurity Presence
Strategic partnerships and restructuring are driving revenue growth and enhancing market reach, with an emphasis on efficiency and net margins.Returns At Corero Network Security (LON:CNS) Are On The Way Up
Jan 15Investors Appear Satisfied With Corero Network Security plc's (LON:CNS) Prospects As Shares Rocket 42%
Oct 18Corero Network Security plc's (LON:CNS) Shares Climb 30% But Its Business Is Yet to Catch Up
Jul 05Estimating The Fair Value Of Corero Network Security plc (LON:CNS)
Jun 13Corero Network Security plc's (LON:CNS) 27% Jump Shows Its Popularity With Investors
Apr 18Corero Network Security plc's (LON:CNS) Shareholders Might Be Looking For Exit
Jul 07These 4 Measures Indicate That Corero Network Security (LON:CNS) Is Using Debt Reasonably Well
Oct 28Shareholders Shouldn’t Be Too Comfortable With Corero Network Security's (LON:CNS) Strong Earnings
May 09Is Corero Network Security (LON:CNS) Using Debt In A Risky Way?
Nov 02Is Corero Network Security (LON:CNS) Using Debt Sensibly?
Apr 19The Corero Network Security (LON:CNS) Share Price Has Gained 178%, So Why Not Pay It Some Attention?
Feb 03
Did Corero Network Security plc (LON:CNS) Insiders Buy Up More Shares?
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | US$742k | US$350k | -US$711k |
| Sep 30 2025 | n/a | n/a | -US$1m |
| Jun 30 2025 | n/a | n/a | -US$2m |
| Mar 31 2025 | n/a | n/a | -US$572k |
| Dec 31 2024 | US$1m | US$350k | US$498k |
Compensation vs Market: Carl's total compensation ($USD742.00K) is above average for companies of similar size in the UK market ($USD418.11K).
Compensation vs Earnings: Carl's compensation has been consistent with company performance over the past year.
CEO
Carl Herberger (57 yo)
Mr. Carl Wayne Herberger serves as Director of Trustle, Inc. since November 2024. He is Chief Executive Officer of Corero Network Security, Inc. from 2024. He served as Field CSO at Verinext Solutions.He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.3yrs | US$742.00k | 0.36% £ 229.4k | |
| CFO & Director | 2yrs | US$430.94k | 0.070% £ 45.1k | |
| Executive VP of Operations & Customer Services | 3.2yrs | no data | no data | |
| Executive Vice President of Engineering | no data | no data | no data | |
| Global Channel Chief & VP of Channel Sales | no data | no data | no data | |
| Company Secretary | no data | no data | 0.016% £ 10.0k |
Experienced Management: CNS's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.3yrs | US$742.00k | 0.36% £ 229.4k | |
| CFO & Director | 1.1yrs | US$430.94k | 0.070% £ 45.1k | |
| Independent Non-Executive Director | 2.1yrs | US$59.00k | no data | |
| Non-Executive Chairman | 15.8yrs | US$50.00k | 36.57% £ 23.4m | |
| Independent Non-Executive Director | 7.3yrs | US$40.00k | no data | |
| Independent Non-Executive Director | 18yrs | US$45.00k | 0.88% £ 562.5k | |
| Non-Independent Non-Executive Director | 15.8yrs | US$53.00k | no data | |
| Non-Independent Non-Executive Director | less than a year | no data | no data |
Experienced Board: CNS's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/02 14:18 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Corero Network Security plc is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kai Korschelt | Canaccord Genuity |
| Daniel Ridsdale | Edison Investment Research |
| Hai Thang Liao | Zeus Capital Limited |