Extreme Networks Management
Management criteria checks 3/4
Extreme Networks' CEO is Ed Meyercord, appointed in Apr 2015, has a tenure of 9.75 years. total yearly compensation is $14.96M, comprised of 5.6% salary and 94.4% bonuses, including company stock and options. directly owns 1.12% of the company’s shares, worth $25.41M. The average tenure of the management team and the board of directors is 3.7 years and 13.8 years respectively.
Key information
Ed Meyercord
Chief executive officer
US$15.0m
Total compensation
| CEO salary percentage | 5.6% |
| CEO tenure | 9.8yrs |
| CEO ownership | 1.1% |
| Management average tenure | 3.7yrs |
| Board average tenure | 13.8yrs |
Recent management updates
Recent updates
Would Extreme Networks (NASDAQ:EXTR) Be Better Off With Less Debt?
Dec 16
Is Now An Opportune Moment To Examine Extreme Networks, Inc. (NASDAQ:EXTR)?
Oct 29Extreme Networks: Revenues And Margins Likely To Recover Only With Further Economic Easing
Oct 01Extreme Networks, Inc.'s (NASDAQ:EXTR) Popularity With Investors Is Under Threat From Overpricing
Sep 23Extreme Networks, Inc. (NASDAQ:EXTR) Shares Could Be 39% Below Their Intrinsic Value Estimate
Sep 05Extreme Networks (NASDAQ:EXTR) Has A Somewhat Strained Balance Sheet
Aug 01Revenues Not Telling The Story For Extreme Networks, Inc. (NASDAQ:EXTR)
Jun 07Extreme Networks: Back For Another Look
Apr 14Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?
Apr 08Risks Still Elevated At These Prices As Extreme Networks, Inc. (NASDAQ:EXTR) Shares Dive 26%
Feb 14Solid Earnings Reflect Extreme Networks' (NASDAQ:EXTR) Strength As A Business
Feb 08Extreme Networks' Earnings: Fiscal H2 2024 Outlook Disappoints Investors
Feb 01With EPS Growth And More, Extreme Networks (NASDAQ:EXTR) Makes An Interesting Case
Jan 22Is Extreme Networks (NASDAQ:EXTR) Using Too Much Debt?
Jan 04Is Now An Opportune Moment To Examine Extreme Networks, Inc. (NASDAQ:EXTR)?
Dec 10We Think Some Shareholders May Hesitate To Increase Extreme Networks, Inc.'s (NASDAQ:EXTR) CEO Compensation
Nov 02Do Extreme Networks' (NASDAQ:EXTR) Earnings Warrant Your Attention?
Aug 14An Intrinsic Calculation For Extreme Networks, Inc. (NASDAQ:EXTR) Suggests It's 49% Undervalued
Jul 03Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?
Jun 19If EPS Growth Is Important To You, Extreme Networks (NASDAQ:EXTR) Presents An Opportunity
May 01When Should You Buy Extreme Networks, Inc. (NASDAQ:EXTR)?
Apr 14Is Extreme Networks (NASDAQ:EXTR) Using Too Much Debt?
Mar 15Is Extreme Networks, Inc. (NASDAQ:EXTR) Trading At A 23% Discount?
Mar 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$125m |
| Jun 30 2024 | US$15m | US$840k | -US$86m |
| Mar 31 2024 | n/a | n/a | -US$6m |
| Dec 31 2023 | n/a | n/a | US$80m |
| Sep 30 2023 | n/a | n/a | US$94m |
| Jun 30 2023 | US$16m | US$800k | US$78m |
| Mar 31 2023 | n/a | n/a | US$58m |
| Dec 31 2022 | n/a | n/a | US$49m |
| Sep 30 2022 | n/a | n/a | US$44m |
| Jun 30 2022 | US$9m | US$760k | US$44m |
| Mar 31 2022 | n/a | n/a | US$49m |
| Dec 31 2021 | n/a | n/a | US$40m |
| Sep 30 2021 | n/a | n/a | US$23m |
| Jun 30 2021 | US$6m | US$725k | US$2m |
| Mar 31 2021 | n/a | n/a | -US$30m |
| Dec 31 2020 | n/a | n/a | -US$77m |
| Sep 30 2020 | n/a | n/a | -US$98m |
| Jun 30 2020 | US$5m | US$617k | -US$127m |
| Mar 31 2020 | n/a | n/a | -US$123m |
| Dec 31 2019 | n/a | n/a | -US$85m |
| Sep 30 2019 | n/a | n/a | -US$55m |
| Jun 30 2019 | US$4m | US$625k | -US$26m |
| Mar 31 2019 | n/a | n/a | -US$14m |
| Dec 31 2018 | n/a | n/a | -US$21m |
| Sep 30 2018 | n/a | n/a | -US$60m |
| Jun 30 2018 | US$5m | US$623k | -US$47m |
Compensation vs Market: Ed's total compensation ($USD14.96M) is above average for companies of similar size in the US market ($USD5.42M).
Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.
CEO
Ed Meyercord (59 yo)
9.8yrs
Tenure
US$14,963,262
Compensation
Mr. Edward B. Meyercord, III, also known as Ed, has been the President and Chief Executive Officer of Extreme Networks, Inc. since April 19, 2015. Mr. Meyercord has extensive executive experience in leader...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.8yrs | US$14.96m | 1.12% $ 25.4m | |
| Executive VP of Finance & CFO | 1.7yrs | US$583.94k | 0.051% $ 1.2m | |
| Chief Legal | 7.2yrs | US$2.75m | 0.089% $ 2.0m | |
| Chief Product & Technology Officer and GM of Subscription Business | 4.5yrs | no data | no data | |
| Chief Information Officer | 3.8yrs | no data | no data | |
| Vice President of Strategy & Investor Relations | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | 1.1yrs | no data | no data | |
| Senior VP of Talent/HR and Chief Diversity & Inclusion Officer | 3yrs | no data | no data | |
| Chief Commercial Officer | less than a year | US$886.60k | no data | |
| Deputy General Counsel | no data | no data | no data | |
| Senior Vice President of EMEA | no data | no data | no data | |
| Senior Vice President of Americas International | 3.7yrs | no data | no data |
3.7yrs
Average Tenure
55yo
Average Age
Experienced Management: EXTR's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.3yrs | US$14.96m | 1.12% $ 25.4m | |
| Independent Chairman | 17.3yrs | US$417.00k | 0.43% $ 9.7m | |
| Independent Director | 28.3yrs | US$350.00k | 0.28% $ 6.3m | |
| Independent Director | 13.8yrs | US$347.50k | 0.48% $ 11.0m | |
| Independent Director | 9.2yrs | US$352.50k | 0.17% $ 3.9m | |
| Independent Director | 10.1yrs | US$355.00k | 0.18% $ 4.2m | |
| Independent Director | 5.4yrs | US$330.00k | 0.061% $ 1.4m |
13.8yrs
Average Tenure
70yo
Average Age
Experienced Board: EXTR's board of directors are seasoned and experienced ( 13.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/15 11:40 |
| End of Day Share Price | 2025/01/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Extreme Networks, Inc. is covered by 18 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.
| Analyst | Institution |
|---|---|
| Steve Salberta | Boenning & Scattergood, Inc. |
| Ku Kang | B. Riley Securities, Inc. |
| Rohit Chopra | Buckingham Research Group Inc. |