Bandwidth Management
Management criteria checks 4/4
Bandwidth's CEO is David Morken, appointed in Jan 1999, has a tenure of 25.92 years. total yearly compensation is $1.98M, comprised of 26.1% salary and 73.9% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth $2.86M. The average tenure of the management team and the board of directors is 3.9 years and 8 years respectively.
Key information
David Morken
Chief executive officer
US$2.0m
Total compensation
| CEO salary percentage | 26.1% |
| CEO tenure | 25.9yrs |
| CEO ownership | 0.6% |
| Management average tenure | 3.9yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
Health Check: How Prudently Does Bandwidth (NASDAQ:BAND) Use Debt?
Dec 19
Bandwidth: Sailing Higher On Strong Election Cycle Trends
Nov 04US$24.50: That's What Analysts Think Bandwidth Inc. (NASDAQ:BAND) Is Worth After Its Latest Results
Aug 03Bandwidth Q2 Earnings: Minor Growth Concerns But The Post-Earnings Sell-Off Is Unjustified
Aug 02Bandwidth Inc.'s (NASDAQ:BAND) 38% Price Boost Is Out Of Tune With Revenues
Aug 01Bandwidth Inc. (NASDAQ:BAND) May Have Run Too Fast Too Soon With Recent 30% Price Plummet
Jun 15Bandwidth: 2024 Will Be The Year Of Strong Execution
May 22Does Bandwidth (NASDAQ:BAND) Have A Healthy Balance Sheet?
May 03Bandwidth: 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 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$16m |
| Jun 30 2024 | n/a | n/a | -US$21m |
| Mar 31 2024 | n/a | n/a | -US$29m |
| 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 ($USD2.22M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Morken (55 yo)
25.9yrs
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 | 25.9yrs | US$1.98m | 0.57% $ 2.9m | |
| Executive VP & CFO | 3.4yrs | US$2.92m | 0.35% $ 1.7m | |
| General Counsel & Secretary | 3.9yrs | US$1.10m | 0.15% $ 757.9k | |
| Chief People Officer & Director | 14.9yrs | US$1.33m | 0.17% $ 865.7k | |
| Chief Software Strategy Officer & Interim COO | less than a year | no data | 0.14% $ 703.8k | |
| Principal Accounting Officer | 1.8yrs | no data | 0.040% $ 201.1k | |
| Chief Technology Officer | 7.9yrs | US$1.03m | no data | |
| Chief Information Officer | 5.2yrs | no data | 0.19% $ 929.4k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Product Officer | 4.2yrs | no data | no data | |
| Senior Vice President of Operations | 2.8yrs | no data | no data | |
| Chief Revenue Officer | 2.7yrs | no data | no data |
3.9yrs
Average Tenure
55.5yo
Average Age
Experienced Management: BAND's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 23.9yrs | US$1.98m | 0.57% $ 2.9m | |
| Chief People Officer & Director | 2.9yrs | US$1.33m | 0.17% $ 865.7k | |
| Independent Director | 11.8yrs | US$242.50k | 0.18% $ 880.2k | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 6.2yrs | US$252.50k | 0.19% $ 924.5k | |
| Independent Director | 8.9yrs | US$242.50k | 0.58% $ 2.9m | |
| Independent Director | 7.2yrs | US$250.00k | 0.11% $ 567.4k |
8.0yrs
Average Tenure
57yo
Average Age
Experienced Board: BAND's board of directors are considered experienced (8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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
Bandwidth Inc. is covered by 14 analysts. 6 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 |
|---|---|
| William Power | Baird |
| Ryan MacWilliams | Barclays |
| Brett Knoblauch | Berenberg |