NextNav Management
Management criteria checks 2/4
NextNav's CEO is Mariam Sorond, appointed in Nov 2023, has a tenure of 1.58 years. total yearly compensation is $3.06M, comprised of 18% salary and 82% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $5.22M. The average tenure of the management team and the board of directors is 0.3 years and 1.4 years respectively.
Key information
Mariam Sorond
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 18.00% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | less than a year |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$129m |
| Dec 31 2024 | US$3m | US$550k | -US$102m |
| Sep 30 2024 | n/a | n/a | -US$86m |
| Jun 30 2024 | n/a | n/a | -US$96m |
| Mar 31 2024 | n/a | n/a | -US$87m |
| Dec 31 2023 | US$11m | US$50k | -US$72m |
Compensation vs Market: Mariam's total compensation ($USD3.06M) is below average for companies of similar size in the US market ($USD6.04M).
Compensation vs Earnings: Mariam's compensation has been consistent with company performance over the past year.
CEO
Mariam Sorond (52 yo)
Ms. Mariam Sorond serves as Chief Executive Officer, President and Director of NextNav Inc. since November 29, 2023 and has been its Chairman of the Board since May 16, 2024. Ms. Sorond served as Chief Tec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.6yrs | US$3.06m | 0.32% $ 5.2m | |
| Executive VP & CFO | 3.7yrs | US$1.33m | 0.50% $ 8.2m | |
| Chief Innovation Officer | less than a year | US$2.62m | 0% $ 0 | |
| Co-Founder | 18.4yrs | US$4.33m | 0.64% $ 10.5m | |
| Executive VP & COO | less than a year | no data | 0.0060% $ 97.4k | |
| Chief Accounting Officer | no data | no data | 0.013% $ 206.6k | |
| Senior VP | less than a year | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Senior Advisor | 1.6yrs | US$1.96m | 1.71% $ 27.8m | |
| Senior Vice President of Technology Development | less than a year | no data | no data | |
| Chief Business Development Officer | less than a year | no data | no data |
Experienced Management: NN's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.6yrs | US$3.06m | 0.32% $ 5.2m | |
| Independent Director | 3.7yrs | US$205.13k | 0.13% $ 2.1m | |
| Independent Director | 1.4yrs | US$246.47k | 0.024% $ 383.4k | |
| Independent Director | 2.8yrs | US$208.51k | 2.01% $ 32.8m | |
| Independent Director | 1yr | US$168.85k | 0.013% $ 217.2k | |
| Lead Independent Director | 3.7yrs | US$1.26m | no data | |
| Independent Director | 1.1yrs | US$184.32k | 0.013% $ 218.7k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
Experienced Board: NN's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/10 07:26 |
| End of Day Share Price | 2025/06/10 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 Github.
Analyst Sources
NextNav Inc. is covered by 2 analysts. 2 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 |
|---|---|
| Michael Crawford | B. Riley Securities, Inc. |
| Timothy Horan | Oppenheimer & Co. Inc. |