InterDigital Management

Management criteria checks 3/4

InterDigital's CEO is Liren Chen, appointed in Apr 2021, has a tenure of 3.08 years. total yearly compensation is $4.77M, comprised of 14.8% salary and 85.2% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth $15.10M. The average tenure of the management team and the board of directors is 2.6 years and 7.3 years respectively.

Key information

Liren Chen

Chief executive officer

US$4.8m

Total compensation

CEO salary percentage	14.8%
CEO tenure	3.1yrs
CEO ownership	0.6%
Management average tenure	2.6yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Liren Chen's remuneration changed compared to InterDigital's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$5m	US$706k	US$214m
Sep 30 2023	n/a	n/a	US$207m
Jun 30 2023	n/a	n/a	US$182m
Mar 31 2023	n/a	n/a	US$181m
Dec 31 2022	US$5m	US$690k	US$94m
Sep 30 2022	n/a	n/a	US$83m
Jun 30 2022	n/a	n/a	US$87m
Mar 31 2022	n/a	n/a	US$68m
Dec 31 2021	US$11m	US$504k	US$55m

Compensation vs Market: Liren's total compensation ($USD4.77M) is above average for companies of similar size in the UK market ($USD2.60M).

Compensation vs Earnings: Liren's compensation has been consistent with company performance over the past year.

CEO

Liren Chen (52 yo)

3.1yrs

Tenure

US$4,773,160

Compensation

Mr. Lawrence Chen, also known as Liren, serves as President, Chief Executive Officer and Director of InterDigital, Inc., since April 5, 2021. He was Senior Vice President and Global Head of IP, Legal Couns...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lawrence Chen	President	3.1yrs	US$4.77m	0.60% $ 15.1m
Richard Brezski	Executive VP	13.2yrs	US$2.04m	0.44% $ 11.0m
Rajesh Pankaj	Executive VP & CTO	1.8yrs	US$2.61m	0.26% $ 6.4m
Joshua Schmidt	Executive VP	2.6yrs	US$1.47m	0.098% $ 2.4m
Eeva Hakoranta	Executive VP & Chief Licensing Officer	3.8yrs	US$2.03m	0.12% $ 3.0m
Michael Cortino	Executive VP & Chief Information Officer	no data	no data	no data
Raiford Garrabrant	Head of Investor Relations	no data	no data	no data
Robert Stien	Executive VP & Chief Communications and Public Policy Officer	2.7yrs	no data	no data
Skip Maloney	Executive VP & Chief People Officer	1.1yrs	no data	no data
Xiaofei Wang	Chair of the IEEE 802.11 AIML	1.8yrs	no data	no data
Diana Pani	VP & Head of Wireless Standards	no data	no data	no data
Ken Kaskoun	Executive VP & Chief Growth Officer	less than a year	no data	no data

2.6yrs

Average Tenure

52yo

Average Age

Experienced Management: 0U3Q's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lawrence Chen	President	3.1yrs	US$4.77m	0.60% $ 15.1m
John Markley	Independent Director	7.5yrs	US$278.33k	0.044% $ 1.1m
Samir Armaly	Independent Director	less than a year	US$386.12k	0% $ 0
Stewart Hutcheson	Independent Chairman of the Board	9.8yrs	US$336.67k	0.10% $ 2.6m
Jean Rankin	Independent Director	13.9yrs	US$280.83k	0.11% $ 2.7m
John Kritzmacher	Independent Director	14.9yrs	US$290.83k	0.077% $ 1.9m
Andrea Goldsmith	Member of Technical Advisory Council	13.9yrs	no data	no data
Robert Riordan	Member of Technical Advisory Council	8.7yrs	no data	no data
Derek Aberle	Independent Director	1.7yrs	US$274.89k	0.031% $ 782.6k
Joan Gillman	Independent Director	7.1yrs	US$280.33k	0.076% $ 1.9m
Pierre-Yves Lesaicherre	Independent Director	2.9yrs	US$272.83k	0.016% $ 405.0k
Todd Hylton	Member of Technical Advisory Council	6.1yrs	no data	no data

7.3yrs

Average Tenure

59yo

Average Age

Experienced Board: 0U3Q's board of directors are considered experienced (7.3 years average tenure).

InterDigital Management

Management criteria checks 3/4

Key information

Recent management updates

InterDigital, Inc., Annual General Meeting, Jun 05, 2024

InterDigital, Inc. Appoints Xiaofei Wang to Serve as Chair of the IEEE 802.11 Standing Committee on Artificial Intelligence and Machine Learning

InterDigital, Inc. Appoints Ken Kaskoun as Chief Growth Officer

InterDigital, Inc. Elected Diana Pani to Chair 3GPP RAN2

Executive VP recently sold US$365k worth of stock

Independent Director recently sold US$316k worth of stock

Recent updates

InterDigital, Inc., Annual General Meeting, Jun 05, 2024

InterDigital, Inc. to Report Q1, 2024 Results on May 02, 2024

InterDigital, Inc. to Showcase Innovations in High Definition and Sustainable Video Streaming Alongside Partners At NAB 2024

Fourth quarter dividend of US$0.40 announced

InterDigital, Inc. Declares Regular Quarterly Cash Dividend, Payable on April 24, 2024

InterDigital, Inc. Appoints Xiaofei Wang to Serve as Chair of the IEEE 802.11 Standing Committee on Artificial Intelligence and Machine Learning

Full year 2023 earnings released: EPS: US$7.97 (vs US$3.11 in FY 2022)

InterDigital, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024

InterDigital, Inc. Appoints Ken Kaskoun as Chief Growth Officer

InterDigital, Inc. Provides Earnings Guidance for First Quarter 2024

InterDigital, Inc. Wins Injunction Against OPPO, Realme and OnePlus

Upcoming dividend of US$0.40 per share at 1.5% yield

InterDigital, Inc. Declares Regular Quarterly Cash Dividend, Payable on January 24, 2024

Interdigital, Inc. Provides Earnings Guidance for Fourth Quarter 2023

Third quarter 2023 earnings released: EPS: US$1.82 (vs US$0.75 in 3Q 2022)

InterDigital, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.40 per share at 2.0% yield

InterDigital Announces Increase of Regular Quarterly Cash Dividend, Payable on October 25, 2023

InterDigital, Inc. Elected Diana Pani to Chair 3GPP RAN2

InterDigital, Inc. Provides Earnings Guidance for the Third Quarter 2023

Second quarter 2023 earnings released: EPS: US$0.81 (vs US$0.69 in 2Q 2022)

Upcoming dividend of US$0.35 per share at 1.5% yield

UK Court Issues Interest Award to InterDigital, Inc., Increasing Lenovo’s Payment Obligation to $184.9 Million

InterDigital, Inc.(NasdaqGS:IDCC) dropped from Russell 2000 Value-Defensive Index

InterDigital, Inc. Declares Regular Quarterly Cash Dividend, Payable on July 26, 2023

Executive VP recently sold US$365k worth of stock

Investor sentiment improves as stock rises 21%

InterDigital, Inc. Provides Earnings Guidance for the Second Quarter of 2023

First quarter 2023 earnings released: EPS: US$3.66 (vs US$0.59 in 1Q 2022)

Upcoming dividend of US$0.35 per share at 1.9% yield

Independent Director recently sold US$316k worth of stock

PInterDigital, Inc. Wins Third Decision in 2023 from UK Court in Lenovo Dispute

InterDigital, Inc. (NasdaqGS:IDCC) announces an Equity Buyback for $200 million worth of its shares.

Investor sentiment improved over the past week

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

Upcoming dividend of US$0.35 per share

InterDigital, Inc. Declares Regular Quarterly Cash Dividend on Its Common Stock, Payable on January 25, 2023

Third quarter 2022 earnings released: EPS: US$0.75 (vs US$0.85 in 3Q 2021)

InterDigital, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Upcoming dividend of US$0.35 per share

InterDigital, Inc. Updates Guidance for Third Quarter 2022

InterDigital, Inc. Declares Regular Quarterly Cash Dividend, Payable on October 26, 2022

InterDigital, Inc. Nominates Derek Aberle to Board of Directors

Independent Director recently sold US$94k worth of stock

Second quarter 2022 earnings released: EPS: US$0.69 (vs US$0.053 in 2Q 2021)

Interdigital, Inc. Provides Earnings Guidance for the Third Quarter 2022

Now 22% undervalued

InterDigital, Inc. Appoints Xiaofei Wang to Serve as Chair of the Topic Interest Group for Artificial Intelligence and Machine Learning

InterDigital, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Upcoming dividend of US$0.35 per share

Executive VP & Chief Licensing Officer recently sold US$98k worth of stock

InterDigital, Inc. Updates Revenue Guidance for the Second Quarter of 2022

InterDigital, Inc. Appoints Rajesh Pankaj as Its New Chief Technology Officer, Effective July 5, 2022

InterDigital Declares Regular Quarterly Cash Dividend, Payable on July 27, 2022

First quarter 2022 earnings released: EPS: US$0.59 (vs US$0.18 in 1Q 2021)

InterDigital, Inc. Provides Revenue Guidance for the Second Quarter of 2022

InterDigital, Inc., Annual General Meeting, Jun 01, 2022

InterDigital, Inc. to Report Q1, 2022 Results on May 05, 2022

Upcoming dividend of US$0.35 per share

InterDigital, Inc. Declares Regular Quarterly Cash Dividend, Payable on April 27, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

InterDigital, Inc. Provides Revenue Guidance for the First Quarter 2022

Upcoming dividend of US$0.35 per share

Strategic Advisor Richard Gulino has left the company

Executive VP & Chief Licensing Officer recently sold US$142k worth of stock

Third quarter 2021 earnings released: EPS US$0.85 (vs US$0.77 in 3Q 2020)

InterDigital, Inc. Debuts 5G Edge Pilot for Industry 4.0 Applications in the UK

InterDigital, Inc. Commences the Process of a Collective Economic Layoff

Independent Director Philip Trahanas has left the company