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 percentage18.00%
CEO tenure1.6yrs
CEO ownership0.3%
Management average tenureless than a year
Board average tenure1.4yrs

Recent management updates

Recent updates

NextNav: Negotiating From A Position Of Strength Should Fuel Considerable Additional Upside

Jan 20

Is NextNav (NASDAQ:NN) Using Debt Sensibly?

Dec 11
Is NextNav (NASDAQ:NN) Using Debt Sensibly?

Does NextNav (NASDAQ:NN) Have A Healthy Balance Sheet?

Jun 26
Does NextNav (NASDAQ:NN) Have A Healthy Balance Sheet?

Will NextNav (NASDAQ:NN) Spend Its Cash Wisely?

May 11
Will NextNav (NASDAQ:NN) Spend Its Cash Wisely?

NextNav reports Q2 results

Aug 10

CEO Compensation Analysis

How has Mariam Sorond's remuneration changed compared to NextNav's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$129m

Dec 31 2024US$3mUS$550k

-US$102m

Sep 30 2024n/an/a

-US$86m

Jun 30 2024n/an/a

-US$96m

Mar 31 2024n/an/a

-US$87m

Dec 31 2023US$11mUS$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)

1.6yrs
Tenure
US$3,056,349
Compensation

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

NamePositionTenureCompensationOwnership
Mariam Sorond
Chairman1.6yrsUS$3.06m0.32%
$ 5.2m
Christian Gates
Executive VP & CFO3.7yrsUS$1.33m0.50%
$ 8.2m
Sanyogita Shamsunder
Chief Innovation Officerless than a yearUS$2.62m0%
$ 0
Arun Raghupathy
Co-Founder18.4yrsUS$4.33m0.64%
$ 10.5m
Susan Insley
Executive VP & COOless than a yearno data0.0060%
$ 97.4k
Sammaad Shams
Chief Accounting Officerno datano data0.013%
$ 206.6k
James Black
Senior VPless than a yearno datano data
Heather Ritchie
Chief Marketing Officerless than a yearno datano data
Ganesh Pattabiraman
Senior Advisor1.6yrsUS$1.96m1.71%
$ 27.8m
John Kim
Senior Vice President of Technology Developmentless than a yearno datano data
Sidd Chenumolu
Chief Business Development Officerless than a yearno datano data
0.3yrs
Average Tenure
52.5yo
Average Age

Experienced Management: NN's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mariam Sorond
Chairman1.6yrsUS$3.06m0.32%
$ 5.2m
Bandel Carano
Independent Director3.7yrsUS$205.13k0.13%
$ 2.1m
John Muleta
Independent Director1.4yrsUS$246.47k0.024%
$ 383.4k
Neil Subin
Independent Director2.8yrsUS$208.51k2.01%
$ 32.8m
Nicola Palmer
Independent Director1yrUS$168.85k0.013%
$ 217.2k
Alan Howe
Lead Independent Director3.7yrsUS$1.26mno data
Jonathan Marcus
Independent Director1.1yrsUS$184.32k0.013%
$ 218.7k
Hugh Howard
Independent Directorless than a yearno datano data
Lorin Selby
Independent Directorless than a yearno datano data
1.4yrs
Average Tenure
60.5yo
Average Age

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

DataLast Updated (UTC time)
Company Analysis2025/06/10 07:26
End of Day Share Price 2025/06/10 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

Analysis Model and Snowflake

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Industry and Sector Metrics

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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.

AnalystInstitution
Michael CrawfordB. Riley Securities, Inc.
Timothy HoranOppenheimer & Co. Inc.