Sierra Wireless Management
Management criteria checks 2/4
Sierra Wireless' CEO is Phil Brace, appointed in Jul 2021, has a tenure of 1.5 years. total yearly compensation is $3.93M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth $819.49K. The average tenure of the management team and the board of directors is 2 years and 2.8 years respectively.
Key information
Phil Brace
Chief executive officer
US$3.9m
Total compensation
| CEO salary percentage | 6.5% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.07% |
| Management average tenure | 2yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Semtech, Sierra Wireless receive DOJ second request on deal
Oct 18Sierra Wireless jumps 18% on report of Semtech buyout talks
Aug 01Sierra Wireless - Going Wild
Jul 08Turnaround At Sierra Wireless
Apr 14Why Sierra Wireless Is Due For A Dip
Jul 08Sierra Wireless deploys Zenoss for intelligent IoT system monitoring
Jan 12Slow Turnaround At Sierra Wireless
Nov 18Sierra Wireless EPS misses by $0.18, beats on revenue
Nov 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | -US$25m |
| Jun 30 2022 | n/a | n/a | -US$53m |
| Mar 31 2022 | n/a | n/a | -US$74m |
| Dec 31 2021 | US$4m | US$254k | -US$89m |
Compensation vs Market: Phil's total compensation ($USD3.93M) is about average for companies of similar size in the US market ($USD5.11M).
Compensation vs Earnings: Insufficient data to compare Phil's compensation with company performance.
CEO
Phil Brace (51 yo)
1.5yrs
Tenure
US$3,926,749
Compensation
Mr. Philip Gordon Brace, also known as Phil, is President and Chief Executive Officer at Sierra Wireless, Inc. since July 26, 2021 and also serves as Director since August 2021. He had been Executive Vice...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.5yrs | US$3.93m | 0.068% $ 819.5k | |
| Chief Financial Officer | 2.7yrs | US$1.15m | 0.054% $ 654.9k | |
| Senior Vice President of Operations | 1.9yrs | US$532.56k | 0.035% $ 429.7k | |
| Senior VP of Product | 2.1yrs | US$666.40k | no data | |
| Senior Vice President of Engineering | 1.2yrs | US$2.35m | 0.046% $ 556.2k | |
| Vice President of Investor Relations | 8.8yrs | no data | no data | |
| General Counsel & Corporate Secretary | 2.8yrs | no data | 0.00063% $ 7.6k | |
| Senior Vice President of Global Sales | 1.2yrs | US$1.77m | 0.042% $ 504.0k |
2.0yrs
Average Tenure
Experienced Management: SWIR's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.4yrs | US$3.93m | 0.068% $ 819.5k | |
| Independent Director | 2.8yrs | US$181.57k | 0.17% $ 2.1m | |
| Independent Director | 2.7yrs | US$172.57k | 0.11% $ 1.3m | |
| Independent Director | 2.8yrs | US$176.87k | no data | |
| Independent Director | 3.3yrs | US$186.37k | no data | |
| Independent Director | 9yrs | US$181.57k | 0.19% $ 2.3m | |
| Independent Chairman | 4.3yrs | US$187.37k | 0.077% $ 929.9k | |
| Independent Director | 2.8yrs | US$172.57k | 0.057% $ 693.9k | |
| Board Observer | 2.8yrs | no data | no data |
2.8yrs
Average Tenure
58yo
Average Age
Experienced Board: SWIR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.