Extreme Networks, Inc.

LSE:0IJW Stock Report

Market Cap: US$2.3b

Extreme Networks Management

Management criteria checks 3/4

Extreme Networks' CEO is Ed Meyercord, appointed in Apr 2015, has a tenure of 9.75 years. total yearly compensation is $14.96M, comprised of 5.6% salary and 94.4% bonuses, including company stock and options. directly owns 1.12% of the company’s shares, worth $25.41M. The average tenure of the management team and the board of directors is 3.7 years and 13.8 years respectively.

Key information

Ed Meyercord

Chief executive officer

US$15.0m

Total compensation

CEO salary percentage5.6%
CEO tenure9.8yrs
CEO ownership1.1%
Management average tenure3.7yrs
Board average tenure13.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ed Meyercord's remuneration changed compared to Extreme Networks's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$125m

Jun 30 2024US$15mUS$840k

-US$86m

Mar 31 2024n/an/a

-US$6m

Dec 31 2023n/an/a

US$80m

Sep 30 2023n/an/a

US$94m

Jun 30 2023US$16mUS$800k

US$78m

Mar 31 2023n/an/a

US$58m

Dec 31 2022n/an/a

US$49m

Sep 30 2022n/an/a

US$44m

Jun 30 2022US$9mUS$760k

US$44m

Mar 31 2022n/an/a

US$49m

Dec 31 2021n/an/a

US$40m

Sep 30 2021n/an/a

US$23m

Jun 30 2021US$6mUS$725k

US$2m

Mar 31 2021n/an/a

-US$30m

Dec 31 2020n/an/a

-US$77m

Sep 30 2020n/an/a

-US$98m

Jun 30 2020US$5mUS$617k

-US$127m

Mar 31 2020n/an/a

-US$123m

Dec 31 2019n/an/a

-US$85m

Sep 30 2019n/an/a

-US$55m

Jun 30 2019US$4mUS$625k

-US$26m

Mar 31 2019n/an/a

-US$14m

Dec 31 2018n/an/a

-US$21m

Sep 30 2018n/an/a

-US$60m

Jun 30 2018US$5mUS$623k

-US$47m

Compensation vs Market: Ed's total compensation ($USD14.96M) is above average for companies of similar size in the UK market ($USD2.34M).

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

CEO

Ed Meyercord (59 yo)

9.8yrs

Tenure

US$14,963,262

Compensation

Mr. Edward B. Meyercord, III, also known as Ed, has been the President and Chief Executive Officer of Extreme Networks, Inc. since April 19, 2015. Mr. Meyercord has extensive executive experience in leader...

Leadership Team

NamePositionTenureCompensationOwnership
Edward Meyercord
President9.8yrsUS$14.96m1.12%
$ 25.4m
Kevin Rhodes
Executive VP of Finance & CFO1.7yrsUS$583.94k0.051%
$ 1.2m
Katayoun Motiey
Chief Legal7.2yrsUS$2.75m0.089%
$ 2.0m
Nabil Bukhari
Chief Product & Technology Officer and GM of Subscription Business4.5yrsno datano data
John Abel
Chief Information Officer3.8yrsno datano data
Stanley Kovler
Vice President of Strategy & Investor Relationsno datano datano data
Monica Kumar
Executive VP & Chief Marketing Officer1.1yrsno datano data
Kimberley Basnight
Senior VP of Talent/HR and Chief Diversity & Inclusion Officer3yrsno datano data
Norman Rice
Chief Commercial Officerless than a yearUS$886.60kno data
Gina Christopher
Deputy General Counselno datano datano data
John Morrison
Senior Vice President of EMEAno datano datano data
Paul Semak
Senior Vice President of Americas International3.7yrsno datano data

3.7yrs

Average Tenure

55yo

Average Age

Experienced Management: 0IJW's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Edward Meyercord
President15.3yrsUS$14.96m1.12%
$ 25.4m
John Shoemaker
Independent Chairman17.3yrsUS$417.00k0.43%
$ 9.7m
Charles Carinalli
Independent Director28.3yrsUS$350.00k0.28%
$ 6.3m
Edward Kennedy
Independent Director13.8yrsUS$347.50k0.48%
$ 11.0m
Kathleen Holmgren
Independent Director9.2yrsUS$352.50k0.17%
$ 3.9m
Rajendra Khanna
Independent Director10.1yrsUS$355.00k0.18%
$ 4.2m
Ingrid Burton
Independent Director5.4yrsUS$330.00k0.061%
$ 1.4m

13.8yrs

Average Tenure

70yo

Average Age

Experienced Board: 0IJW's board of directors are seasoned and experienced ( 13.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/15 15:24
End of Day Share Price 2025/01/14 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Extreme Networks, Inc. is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Steve SalbertaBoenning & Scattergood, Inc.
Ku KangB. Riley Securities, Inc.
Rohit ChopraBuckingham Research Group Inc.