Bandwidth Management
Management criteria checks 4/4
Bandwidth's CEO is David Morken, appointed in Jan 1999, has a tenure of 25.33 years. total yearly compensation is $1.98M, comprised of 26.1% salary and 73.9% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth $2.60M. The average tenure of the management team and the board of directors is 3.3 years and 7.5 years respectively.
Key information
David Morken
Chief executive officer
US$2.0m
Total compensation
| CEO salary percentage | 26.1% |
| CEO tenure | 25.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 3.3yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Does Bandwidth (NASDAQ:BAND) Have A Healthy Balance Sheet?
May 03
Bandwidth: Promising Outlook, But Risks Remain (Rating Upgrade)
Feb 29Many Still Looking Away From Bandwidth Inc. (NASDAQ:BAND)
Feb 23Is Bandwidth (NASDAQ:BAND) A Risky Investment?
Jan 24At US$9.49, Is It Time To Put Bandwidth Inc. (NASDAQ:BAND) On Your Watch List?
Oct 24Is Bandwidth (NASDAQ:BAND) Using Too Much Debt?
Sep 21Is Bandwidth (NASDAQ:BAND) Using Debt In A Risky Way?
Jun 16Is It Time To Consider Buying Bandwidth Inc. (NASDAQ:BAND)?
Apr 26Should You Think About Buying Bandwidth Inc. (NASDAQ:BAND) Now?
Jan 20Bandwidth (NASDAQ:BAND) Has Debt But No Earnings; Should You Worry?
Oct 17GoTo selects Bandwidth as primary communications platform to power global growth
Sep 15Bandwidth: Buy For Value
Aug 10Bandwidth's price target sliced at Morgan Stanley, Piper Sandler over corrections in cloud infra stocks
Jul 14Does Bandwidth (NASDAQ:BAND) Have A Healthy Balance Sheet?
Jun 24Bandwidth: Expectations Have Been Reset, Time For The Rebound
May 24The Break Down Of The Bandwidth
May 05Bandwidth Inc.'s (NASDAQ:BAND) Intrinsic Value Is Potentially 62% Above Its Share Price
Mar 29Bandwidth: This Stock Is Trading Next To Free
Feb 27With Target Market Growing At 34.30% Y/Y, Bandwidth Is Innovative And Undervalued
Feb 11Bandwidth (NASDAQ:BAND) Has A Somewhat Strained Balance Sheet
Jan 30Bandwidth (NASDAQ:BAND) Will Want To Turn Around Its Return Trends
Jan 04Is Bandwidth Inc. (NASDAQ:BAND) Trading At A 50% Discount?
Dec 09Bandwidth: Investors Are Way Too Pessimistic Here
Sep 27Bandwidth (NASDAQ:BAND) Has A Somewhat Strained Balance Sheet
Sep 27Twilio Vs. Bandwidth: A Developer's Perspective
Sep 14Be Wary Of Bandwidth (NASDAQ:BAND) And Its Returns On Capital
Sep 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$516k | -US$16m |
| Sep 30 2023 | n/a | n/a | US$28m |
| Jun 30 2023 | n/a | n/a | US$32m |
| Mar 31 2023 | n/a | n/a | US$30m |
| Dec 31 2022 | US$5m | US$494k | US$20m |
| Sep 30 2022 | n/a | n/a | -US$22m |
| Jun 30 2022 | n/a | n/a | -US$28m |
| Mar 31 2022 | n/a | n/a | -US$29m |
| Dec 31 2021 | US$3m | US$471k | -US$27m |
| Sep 30 2021 | n/a | n/a | -US$39m |
| Jun 30 2021 | n/a | n/a | -US$35m |
| Mar 31 2021 | n/a | n/a | -US$48m |
| Dec 31 2020 | US$4m | US$450k | -US$44m |
| Sep 30 2020 | n/a | n/a | -US$26m |
| Jun 30 2020 | n/a | n/a | -US$25m |
| Mar 31 2020 | n/a | n/a | -US$556k |
| Dec 31 2019 | US$2m | US$375k | US$2m |
| Sep 30 2019 | n/a | n/a | US$3m |
| Jun 30 2019 | n/a | n/a | US$7m |
| Mar 31 2019 | n/a | n/a | US$14m |
| Dec 31 2018 | US$1m | US$375k | US$18m |
| Sep 30 2018 | n/a | n/a | US$19m |
| Jun 30 2018 | n/a | n/a | US$18m |
| Mar 31 2018 | n/a | n/a | US$9m |
| Dec 31 2017 | US$2m | US$375k | US$5m |
Compensation vs Market: David's total compensation ($USD1.98M) is about average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Morken (54 yo)
25.3yrs
Tenure
US$1,975,635
Compensation
Mr. David Andrew Morken serves as Director of Collab Ai Inc. Mr. Morken serves as an Advisor of Sovereign's Capital. Mr. Morken is also a Co-Founder, Chairman of the board of directors of Relay, Incorporat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 25.3yrs | US$1.98m | 0.49% $ 2.6m | |
| Executive VP & CFO | 2.8yrs | US$2.92m | 0.14% $ 755.0k | |
| Chief Operating Officer | 2.3yrs | US$1.77m | 0.28% $ 1.5m | |
| General Counsel & Secretary | 3.3yrs | US$1.10m | 0.093% $ 496.3k | |
| Chief People Officer & Director | 14.3yrs | US$1.33m | 0.077% $ 410.9k | |
| Principal Accounting Officer | 1.3yrs | no data | 0.036% $ 192.1k | |
| Chief Technology Officer | 7.3yrs | US$1.03m | 0.28% $ 1.5m | |
| Chief Information Officer | 4.6yrs | no data | 0.094% $ 499.2k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Product Officer | 3.6yrs | no data | no data | |
| Senior Vice President of Operations | 2.3yrs | no data | no data | |
| Chief Revenue Officer | 2.1yrs | no data | no data |
3.3yrs
Average Tenure
54yo
Average Age
Experienced Management: BAND's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 23.3yrs | US$1.98m | 0.49% $ 2.6m | |
| Chief People Officer & Director | 2.3yrs | US$1.33m | 0.077% $ 410.9k | |
| Independent Director | 11.3yrs | US$242.50k | 0.14% $ 724.0k | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 5.6yrs | US$252.50k | 0.13% $ 671.5k | |
| Independent Director | 8.3yrs | US$242.50k | 0.55% $ 2.9m | |
| Independent Director | 6.6yrs | US$250.00k | 0.072% $ 384.3k |
7.5yrs
Average Tenure
56yo
Average Age
Experienced Board: BAND's board of directors are considered experienced (7.5 years average tenure).