Lumen Technologies Management

Management criteria checks 1/4

Lumen Technologies' CEO is Kate Johnson, appointed in Nov 2022, has a tenure of 1.42 years. total yearly compensation is $9.59M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 0.83% of the company’s shares, worth MX$174.41M. The average tenure of the management team and the board of directors is 1.7 years and 6.4 years respectively.

Key information

Kate Johnson

Chief executive officer

US$9.6m

Total compensation

CEO salary percentage	12.5%
CEO tenure	1.4yrs
CEO ownership	0.8%
Management average tenure	1.7yrs
Board average tenure	6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kate Johnson's remuneration changed compared to Lumen Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$10m	US$1m	-US$10b
Sep 30 2023	n/a	n/a	-US$11b
Jun 30 2023	n/a	n/a	-US$11b
Mar 31 2023	n/a	n/a	-US$2b
Dec 31 2022	US$5m	US$181k	-US$2b

Compensation vs Market: Kate's total compensation ($USD9.59M) is above average for companies of similar size in the MX market ($USD823.38K).

Compensation vs Earnings: Kate's compensation has increased whilst the company is unprofitable.

CEO

Kate Johnson (55 yo)

1.4yrs

Tenure

US$9,592,963

Compensation

Ms. Kathleen E. Johnson, also known as Kate, serves as Chief Executive Officer, President and Director at Lumen Technologies, Inc. since November 7, 2022. She serves as Independent Director of United Parce...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kathleen Johnson	President	1.4yrs	US$9.59m	0.83% $ 174.4m
Christopher Stansbury	Executive VP & CFO	2yrs	US$5.00m	0.43% $ 90.2m
Stacey Goff	Executive VP General Counsel & Secretary	20.7yrs	US$2.72m	0.11% $ 22.9m
Ashley Haynes-Gaspar	Executive VP & Chief Revenue Officer	less than a year	US$3.46m	0.13% $ 26.5m
Andrea Genschaw	Principal Accounting Officer	2.9yrs	no data	0.046% $ 9.7m
David Ward	Chief Technology Officer	less than a year	no data	no data
Michael McCormack	Senior Vice President of Investor Relations	no data	no data	no data
Ryan Asdourian	Executive VP & Chief Marketing Officer	less than a year	no data	no data
Ana White	Executive VP & Chief People Officer	less than a year	no data	no data
Carrick Inabnett	Chief Privacy Officer	17.8yrs	no data	no data
Maxine Moreau	President of Mass Markets	no data	no data	no data
John Jones	Senior Vice President of Public Policy & Government Relations	9yrs	no data	no data

1.7yrs

Average Tenure

56yo

Average Age

Experienced Management: LUMN *'s management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Kathleen Johnson	President	1.4yrs	US$9.59m	0.83% $ 174.4m
T. Glenn	Independent Non-Executive Chairman of the Board	6.4yrs	US$518.67k	0.020% $ 4.1m
Peter Brown	Independent Director	14.8yrs	US$333.67k	0.019% $ 3.9m
Steven Clontz	Independent Director	6.4yrs	US$333.67k	0.042% $ 8.8m
Martha Bejar	Independent Director	8.3yrs	US$348.67k	0.0075% $ 1.6m
Laurie Siegel	Independent Director	14.8yrs	US$351.17k	0.022% $ 4.6m
Michael Roberts	Independent Director	13yrs	US$333.67k	0.018% $ 3.8m
Quincy Allen	Independent Director	3.2yrs	US$335.67k	no data
Hal Jones	Independent Director	4.3yrs	US$346.80k	0.014% $ 3.0m
Kevin Chilton	Independent Director	6.4yrs	US$358.56k	0.0091% $ 1.9m
James Fowler	Independent Director	less than a year	no data	0.021% $ 4.5m
Diankha Linear	Independent Director	less than a year	no data	0.0034% $ 707.2k

6.4yrs

Average Tenure

65.5yo

Average Age

Experienced Board: LUMN *'s board of directors are considered experienced (6.4 years average tenure).

Lumen Technologies Management

Management criteria checks 1/4

Key information

Recent management updates

Lumen Technologies, Inc., Annual General Meeting, May 15, 2024

Lumen Technologies Appoints Ryan Asdourian as Executive Vice President and Chief Marketing Officer

Lumen Technologies, Inc. Announces the Appointment of Diankha Linear to Its Board of Directors

Lumen Technologies, Inc. Appoints Ashley Haynes-Gaspar as Executive Vice President and Chief Revenue Officer

President recently bought Mex$17m worth of stock

Lumen Technologies Appoints James 'Jim' Fowler to Board of Directors

Recent updates

Lumen Technologies, Inc., Annual General Meeting, May 15, 2024

Lumen Technologies, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Lumen Technologies Appoints Ryan Asdourian as Executive Vice President and Chief Marketing Officer

Lumen Technologies, Inc. Announces the Appointment of Diankha Linear to Its Board of Directors

Full year 2023 earnings released: US$10.48 loss per share (vs US$1.54 loss in FY 2022)

Lumen Technologies, Inc. Provides Earnings Guidance for the Twelve Months Ending December 31, 2024

Lumen Technologies, Inc. to Report Q4, 2023 Results on Feb 06, 2024

Lumen Technologies, Inc. Appoints Ashley Haynes-Gaspar as Executive Vice President and Chief Revenue Officer

Lumen Introduces a Custom-Built Wi-Fi 7 Capability Device for Quantum Fiber Customers

President recently bought Mex$17m worth of stock

Colt Technology Services Group Limited completed the acquisition of EMEA business of Lumen Technologies, Inc. (NYSE:LUMN).

New minor risk - Profitability

Third quarter 2023 earnings released: US$0.079 loss per share (vs US$0.57 profit in 3Q 2022)

Levi & Korsinsky, LLP Notifies Lumen Technologies, Inc. Investors of Class Action Lawsuit and Upcoming Deadline

Lumen Technologies' Quantum Fiber Brand to Deliver A Disruptive and Groundbreaking Wi-Fi 7 Device

Akamai Technologies, Inc. (NasdaqGS:AKAM) acquired Select CDN customer contracts of Lumen Technologies, Inc. from Lumen Technologies, Inc. (NYSE:LUMN).

Lumen Technologies, Inc. to Report Q3, 2023 Results on Oct 31, 2023

Rosen Law Firm Announces the Filing of Class Action Lawsuit on Behalf of Purchasers of Securities of Lumen Technologies, Inc

Rosen Law Firm Announces the Filing of Class Action Lawsuit on Behalf of Purchasers of Securities of Lumen Technologies, Inc

Lumen Technologies, Inc. Expands Network Edge Data Protection and Recovery with Lumen Data Protect

Lumen Technologies Appoints James 'Jim' Fowler to Board of Directors

New minor risk - Financial position

Second quarter 2023 earnings released: US$8.88 loss per share (vs US$0.34 profit in 2Q 2022)

Lumen Technologies Launches Its Capability on Its Network-as-a-Service (NaaS) Platform

Lumen Technologies, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Lumen Technologies Appoints Kye Prigg as Executive Vice President - Enterprise Operations, Effective June 1, 2023

First quarter 2023 earnings released: EPS: US$0.52 (vs US$0.59 in 1Q 2022)

Colt Technology Services Group Limited agreed to acquire EMEA business of Lumen Technologies, Inc. for $1.8 billion.

Full year 2022 earnings released: US$1.54 loss per share (vs US$1.92 profit in FY 2021)

Colt Technology Services Group Limited agreed to acquire EMEA business of Lumen Technologies, Inc. for $1.8 billion.

Lumen Technologies, Inc. Announces Executive Appointments

Lumen Technologies, Inc. to Report Q4, 2022 Results on Feb 07, 2023

Lumen Technologies Appoints Ashley Haynes-Gaspar as Executive Vice President - Customer Success, Wholesale and International, Effective January 9, 2023

Independent Director recently bought Mex$514k worth of stock

Independent Director recently bought Mex$1.5m worth of stock

Independent Director recently bought Mex$1.3m worth of stock

Lumen Technologies, Inc. Launches Its First Edge Computing Solution for Asia Pacific

Third quarter 2022 earnings released: EPS: US$0.57 (vs US$0.51 in 3Q 2021)

Lumen Technologies, Inc. Revises Earnings Guidance for the Year Ending December 31, 2022

Lumen Technologies, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Connect Holding LLC, an affiliate of Apollo Global Management, Inc. (NYSE:APO) completed the acquisition of Incumbent Local Exchange Carrier (ILEC) Business in 20 States from Lumen Technologies, Inc. (NYSE:LUMN).

Connect Holding LLC, an affiliate of Apollo Global Management, Inc. (NYSE:APO) completed the acquisition of Incumbent Local Exchange Carrier (ILEC) Business in 20 States from Lumen Technologies, Inc. (NYSE:LUMN).

Lumen Technologies, Inc. Appoints Kate Johnson as President and Member of the Company's Board of Directors

Lumen Launches the First Intuitive, All-Digital Experience for Buying and Managing Secure Access Service Edge (SASE)

Upcoming dividend of US$0.25 per share

Lumen Technologies, Inc. Declares Quarterly Cash Dividend, Payable on September 9, 2022

Lumen Technologies, Inc. Offers Lumen Edge Virtual Machines

Second quarter 2022 earnings released: EPS: US$0.34 (vs US$0.47 in 2Q 2021)

Lumen Technologies, Inc. Reiterates Earnings Guidance for the Year Ending December 31, 2022

Lumen Technologies, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Lumen Technologies, Inc. Declares Quarterly Cash Dividend, Payable on June 10, 2022

First quarter 2022 earnings released: EPS: US$0.59 (vs US$0.44 in 1Q 2021)

Lumen Technologies, Inc. Provides Dividend Guidance for 2022

Lumen Technologies, Inc., Annual General Meeting, May 18, 2022

Lumen Technologies, Inc. to Report Q1, 2022 Results on May 04, 2022

Lumen Technologies, Inc. Announces Chief Financial Officer Changes

Investor sentiment improved over the past week

Lumen Technologies, Inc. Declares Regular Quarterly Cash Dividend, Payable on March 18, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Forecast breakeven date pushed back to 2022

Lumen Edge Gateway Extends the Lumen Platform to Deliver IT Applications and Virtualized Services on the Edge

Lumen Technologies, Inc. Announces TIC 3.0 Compliant Managed Security Service for Remote Work

Executive VP recently sold Mex$37m worth of stock

Third quarter 2021 earnings released: EPS US$0.51 (vs US$0.34 in 3Q 2020)

Forecast to breakeven in 2021

Forecast to breakeven in 2021

Independent Director recently bought Mex$1.2m worth of stock

Lumen Technologies Introduces Lumen Edge Private Cloud

Second quarter 2021 earnings released: EPS US$0.47 (vs US$0.35 in 2Q 2020)