NextNav Management
Management criteria checks 1/4
NextNav's CEO is Mariam Sorond, appointed in Nov 2023, has a tenure of less than a year. total yearly compensation is $10.65M, comprised of 0.5% salary and 99.5% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth $353.64K. The average tenure of the management team and the board of directors is 2.4 years and 2.6 years respectively.
Key information
Mariam Sorond
Chief executive officer
US$10.7m
Total compensation
| CEO salary percentage | 0.5% |
| CEO tenure | less than a year |
| CEO ownership | 0.03% |
| Management average tenure | 2.4yrs |
| Board average tenure | 2.6yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$11m | US$50k | -US$72m |
Compensation vs Market: Mariam's total compensation ($USD10.65M) is above average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Insufficient data to compare Mariam's compensation with company performance.
CEO
Mariam Sorond (50 yo)
less than a year
Tenure
US$10,653,445
Compensation
Ms. Mariam Sorond serves as Chief Executive Officer, President and Director of NextNav Inc. since November 29, 2023. Ms. Sorond served as Chief Technology Officer of the Service Provider and Edge Business...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.6yrs | US$403.10k | 1.43% $ 14.6m | |
| CEO, President & Director | less than a year | US$10.65m | 0.034% $ 353.6k | |
| Executive VP & CFO | 2.6yrs | US$1.33m | 0.50% $ 5.1m | |
| Senior Advisor | less than a year | US$1.96m | 2% $ 20.6m | |
| Co-Founder | 17.3yrs | US$4.33m | 0.74% $ 7.5m | |
| Corporate Accounting Officer | no data | no data | 0.014% $ 146.4k | |
| VP, General Counsel & Secretary | 2.3yrs | no data | 0.026% $ 271.4k | |
| Chief Marketing Officer | no data | no data | no data |
2.4yrs
Average Tenure
52yo
Average Age
Experienced Management: NN's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.6yrs | US$403.10k | 1.43% $ 14.6m | |
| CEO, President & Director | less than a year | US$10.65m | 0.034% $ 353.6k | |
| Independent Director | 2.6yrs | US$146.65k | 0.13% $ 1.4m | |
| Independent Director | less than a year | no data | 0.012% $ 121.6k | |
| Independent Director | 1.8yrs | US$146.84k | 2% $ 20.5m | |
| Independent Director | 2.6yrs | US$204.70k | 0.29% $ 3.0m | |
| Independent Director | 2.6yrs | US$159.68k | no data |
2.6yrs
Average Tenure
61yo
Average Age
Experienced Board: NN's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.