Harmonic Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average management tenure
CEO
Patrick Harshman (57 yo)
16.67yrs
Tenure
US$4,628,135
Compensation
Dr. Patrick J. Harshman has been the Chief Executive Officer and President of Harmonic Inc. since May 4, 2006. Dr. Harshman has driven Harmonic’s strategic re-positioning as the worldwide leader in video d...
CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | US$42m |
| Jul 01 2022 | n/a | n/a | US$35m |
| Apr 01 2022 | n/a | n/a | US$18m |
| Dec 31 2021 | US$5m | US$546k | US$13m |
| Oct 01 2021 | n/a | n/a | US$7m |
| Jul 02 2021 | n/a | n/a | -US$49k |
| Apr 02 2021 | n/a | n/a | -US$13m |
| Dec 31 2020 | US$3m | US$534k | -US$29m |
| Sep 25 2020 | n/a | n/a | -US$37m |
| Jun 26 2020 | n/a | n/a | -US$20m |
| Mar 27 2020 | n/a | n/a | -US$17m |
| Dec 31 2019 | US$3m | US$530k | -US$6m |
| Sep 27 2019 | n/a | n/a | -US$8m |
| Jun 28 2019 | n/a | n/a | -US$28m |
| Mar 29 2019 | n/a | n/a | -US$19m |
| Dec 31 2018 | US$2m | US$515k | -US$21m |
| Sep 28 2018 | n/a | n/a | -US$36m |
| Jun 29 2018 | n/a | n/a | -US$44m |
| Mar 30 2018 | n/a | n/a | -US$73m |
| Dec 31 2017 | US$2m | US$515k | -US$83m |
| Sep 29 2017 | n/a | n/a | -US$82m |
| Jun 30 2017 | n/a | n/a | -US$82m |
| Mar 31 2017 | n/a | n/a | -US$71m |
| Dec 31 2016 | US$2m | US$500k | -US$72m |
Compensation vs Market: Patrick's total compensation ($USD4.63M) is about average for companies of similar size in the US market ($USD5.44M).
Compensation vs Earnings: Patrick's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 16.67yrs | US$4.63m | 0.46% $ 7.1m | |
| Senior VP & CFO | 5.58yrs | US$3.77m | 0.14% $ 2.2m | |
| Senior Vice President of Global Sales & Video Services | 2.42yrs | US$1.52m | 0.092% $ 1.4m | |
| Senior Vice President of R&D - Video Business | 11.83yrs | US$1.35m | 0.14% $ 2.2m | |
| Senior VP & GM of Broadband Business | 10.58yrs | US$1.58m | 0.30% $ 4.6m | |
| Senior Vice President of Operations & IT | 4yrs | no data | no data | |
| Finance & Investor Relations Manager | no data | no data | no data | |
| General Counsel | 9.25yrs | no data | no data | |
| Senior Vice President of Corporate Marketing & Communications | 4yrs | no data | no data | |
| Senior Vice President of Corporate Development | no data | no data | no data | |
| Senior Vice President of Business Development | 6yrs | no data | no data | |
| Chief Technology Officer of Video Business | no data | US$904.51k | no data |
6.0yrs
Average Tenure
54yo
Average Age
Experienced Management: HLIT's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 16.67yrs | US$4.63m | 0.46% $ 7.1m | |
| Independent Director | 4.92yrs | US$210.17k | 0.12% $ 1.9m | |
| Independent Director | 10.92yrs | US$216.17k | 0.21% $ 3.2m | |
| Independent Chairman of the Board | 15.25yrs | US$260.17k | 0.25% $ 3.9m | |
| Independent Director | 1.42yrs | US$108.34k | 0.0096% $ 149.3k | |
| Independent Director | 10.5yrs | US$214.67k | 0.24% $ 3.8m | |
| Independent Director | 4.25yrs | US$206.17k | 0.089% $ 1.4m | |
| Independent Director | 0.58yr | no data | no data |
7.7yrs
Average Tenure
55.5yo
Average Age
Experienced Board: HLIT's board of directors are considered experienced (7.7 years average tenure).