Iridium Communications Inc.

LSE:0JDO Stock Report

Market Cap: US$3.4b

Iridium Communications Management

Management criteria checks 3/4

Iridium Communications' CEO is Matt Desch, appointed in Sep 2006, has a tenure of 18.33 years. total yearly compensation is $9.02M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth $24.67M. The average tenure of the management team and the board of directors is 9 years and 14.2 years respectively.

Key information

Matt Desch

Chief executive officer

US$9.0m

Total compensation

CEO salary percentage10.9%
CEO tenure18.3yrs
CEO ownership0.7%
Management average tenure9yrs
Board average tenure14.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Desch's remuneration changed compared to Iridium Communications's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$114m

Jun 30 2024n/an/a

US$88m

Mar 31 2024n/an/a

US$25m

Dec 31 2023US$9mUS$981k

US$15m

Sep 30 2023n/an/a

-US$23m

Jun 30 2023n/an/a

-US$20m

Mar 31 2023n/an/a

US$16m

Dec 31 2022US$7mUS$952k

US$9m

Sep 30 2022n/an/a

US$4m

Jun 30 2022n/an/a

-US$588k

Mar 31 2022n/an/a

-US$1m

Dec 31 2021US$5mUS$956k

-US$9m

Sep 30 2021n/an/a

-US$11m

Jun 30 2021n/an/a

-US$13m

Mar 31 2021n/an/a

-US$30m

Dec 31 2020US$4mUS$957k

-US$56m

Sep 30 2020n/an/a

-US$156m

Jun 30 2020n/an/a

-US$170m

Mar 31 2020n/an/a

-US$178m

Dec 31 2019US$4mUS$927k

-US$166m

Sep 30 2019n/an/a

-US$68m

Jun 30 2019n/an/a

-US$65m

Mar 31 2019n/an/a

-US$51m

Dec 31 2018US$3mUS$900k

-US$24m

Compensation vs Market: Matt's total compensation ($USD9.02M) is above average for companies of similar size in the UK market ($USD2.92M).

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

CEO

Matt Desch (66 yo)

18.3yrs

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

NamePositionTenureCompensationOwnership
Matthew Desch
CEO & Director18.3yrsUS$9.02m0.73%
$ 24.7m
Thomas Fitzpatrick
CFO, Chief Administrative Officer & Director14.8yrsUS$3.59m0.13%
$ 4.5m
Suzanne McBride
COO & Director5.9yrsUS$3.36m0.081%
$ 2.7m
Bryan Hartin
Executive Vice President of Sales & Marketing12.1yrsUS$2.18m0.040%
$ 1.3m
Scott Scheimreif
Executive Vice President of Government Programs12.1yrsUS$2.15m0.10%
$ 3.5m
Gregory Pelton
Chief Technical Officer3.6yrsno datano data
Manjula Sriram
VP & Chief Information Officer3yrsno datano data
Kenneth Levy
Vice President of Investor Relationsno datano datano data
Kathleen Morgan
Chief Legal Officer & Company Secretary3yrsno data0.023%
$ 790.4k
Timothy Last
Senior Vice President of Salesno datano datano data
Michael O'Connor
Executive Vice President of Positioningless than a yearno datano data
Donald Thoma
President & CEO of Aireon LLC13yrsUS$1.29mno data

9.0yrs

Average Tenure

60yo

Average Age

Experienced Management: 0JDO's management team is seasoned and experienced (9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Matthew Desch
CEO & Director15.3yrsUS$9.02m0.73%
$ 24.7m
Thomas Fitzpatrick
CFO, Chief Administrative Officer & Director11.4yrsUS$3.59m0.13%
$ 4.5m
Suzanne McBride
COO & Director4.7yrsUS$3.36m0.081%
$ 2.7m
Leon Frazier
Independent Director3.8yrsUS$272.65k0.015%
$ 521.5k
Robert Niehaus
Independent Chairman of the Board16.9yrsUS$377.52k0.12%
$ 3.9m
Thomas Canfield
Independent Director16.9yrsUS$374.44k0.032%
$ 1.1m
Arthur Money
Member of Government Advisory Boardno datano datano data
Alvin Krongard
Independent Director15.3yrsUS$327.98k0.36%
$ 12.1m
Lance Lord
Member of Government Advisory Boardno datano datano data
John Campbell
Chairman of The Government Advisory Boardno datano datano data
Eric Olson
Independent Director13.1yrsUS$343.26k0.0043%
$ 146.4k
Douglas Fraser
Member of The Government Advisory Boardno datano datano data

14.2yrs

Average Tenure

68yo

Average Age

Experienced Board: 0JDO's board of directors are seasoned and experienced ( 14.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 12:26
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

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

Iridium Communications Inc. is covered by 21 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
Ishan MajumdarBaptista Research
Mathieu RobilliardBarclays
Hamed KhorsandBWS Financial Inc.