Extreme Networks Management
Management criteria checks 2/4
Extreme Networks' CEO is Ed Meyercord, appointed in Apr 2015, has a tenure of 14.5 years. total yearly compensation is $16.13M, comprised of 5% salary and 95% bonuses, including company stock and options. directly owns 0.91% of the company’s shares, worth $12.97M. The average tenure of the management team and the board of directors is 2.9 years and 13 years respectively.
Key information
Ed Meyercord
Chief executive officer
US$16.1m
Total compensation
| CEO salary percentage | 5.0% |
| CEO tenure | 9yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2.9yrs |
| Board average tenure | 13yrs |
Recent management updates
Recent updates
Extreme Networks: Back For Another Look
Apr 14Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?
Apr 08
Risks 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 02With EPS Growth And More, Extreme Networks (NASDAQ:EXTR) Makes An Interesting Case
Jan 26These 4 Measures Indicate That Extreme Networks (NASDAQ:EXTR) Is Using Debt Reasonably Well
Dec 08Extreme Networks, Inc.'s (NASDAQ:EXTR) 32% Jump Shows Its Popularity With Investors
Nov 17We Think Extreme Networks, Inc.'s (NASDAQ:EXTR) CEO Compensation Looks Fair
Nov 11Here's Why We Think Extreme Networks (NASDAQ:EXTR) Might Deserve Your Attention Today
Oct 19An Intrinsic Calculation For Extreme Networks, Inc. (NASDAQ:EXTR) Suggests It's 50% Undervalued
Oct 05Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?
Aug 31Voss Capital - Extreme Networks: Can Grow Even Through An Economic Depression
Aug 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Mar 31 2018 | n/a | n/a | -US$28m |
| Dec 31 2017 | n/a | n/a | -US$19m |
| Sep 30 2017 | n/a | n/a | US$8m |
| Jun 30 2017 | US$7m | US$600k | -US$2m |
Compensation vs Market: Ed's total compensation ($USD16.13M) is above average for companies of similar size in the US market ($USD5.55M).
Compensation vs Earnings: Ed's compensation has increased by more than 20% in the past year.
CEO
Ed Meyercord (58 yo)
9yrs
Tenure
US$16,132,678
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 | 9yrs | US$16.13m | 0.91% $ 13.0m | |
| Executive VP & CFO | less than a year | US$8.47m | 0.021% $ 292.9k | |
| Chief Product and Technology Officer & GM of Subscription Business | 3.8yrs | no data | no data | |
| Chief Information Officer | 3yrs | no data | no data | |
| Chief Legal | 6.4yrs | US$1.37m | 0.079% $ 1.1m | |
| Vice President of Strategy & Investor Relations | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | less than a year | no data | no data | |
| Senior VP of Talent/HR and Chief Diversity & Inclusion Officer | 2.3yrs | 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 | 2.9yrs | no data | no data |
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: EXTR's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.5yrs | US$16.13m | 0.91% $ 13.0m | |
| Independent Chairman | 16.5yrs | US$379.50k | 0.43% $ 6.1m | |
| Independent Director | 27.5yrs | US$312.50k | 0.28% $ 4.0m | |
| Independent Director | 13yrs | US$310.00k | 0.49% $ 6.9m | |
| Independent Director | 8.4yrs | US$313.35k | 0.17% $ 2.4m | |
| Independent Director | 9.3yrs | US$317.50k | 0.19% $ 2.6m | |
| Independent Director | 4.7yrs | US$292.50k | 0.058% $ 828.6k |
13.0yrs
Average Tenure
69yo
Average Age
Experienced Board: EXTR's board of directors are seasoned and experienced ( 13 years average tenure).