Bernard L. Han is the CEO of Frontier Communications, a position he has held since December 2019. He has a strong background in finance and operations, having previously served as COO and CFO at Dish Network before stepping into this...

Bernard L. Han is the CEO of Frontier Communications, a position he has held since December 2019. He has a strong background in finance and operations, having previously served as COO and CFO at Dish Network before stepping into this role. His education includes a B.S., M.S., and M.B.A. from Cornell University, which gives him a solid foundation in business. Han is focused on improving the financial health of Frontier, pushing for metrics like revenue growth and increased broadband access. His compensation reflects this performance-driven approach, with a 2023 salary of $1.3 million plus a significant $2.99 million bonus tied to hitting key targets. Since his appointment, he has seen fluctuations in insider trading, indicating active management of his investments in the company. Interestingly, Han faced a financial dip in 2022, with no bonus awarded that year, but he rebounded in 2023 with strategic moves in stock holdings, including a notable increase in value in the following year. His leadership is pivotal as Frontier navigates the telecom landscape, which is competitive and constantly evolving.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Frontier Communications Parent, Inc. CEOs

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Bernard L. Han

CEO of Frontier Communications Parent, Inc.

Education

B.S., M.S. and M.B.A. from Cornell University

Field of Expertise

Business & Management

Sector of Economy

Communication Services

Born

January 1, 1964 - 61 years ago

CEO of Frontier Communications Parent, Inc. for

5 years 5 months (Dec 2019 - Present)

Previous Experience

Executive Vice President of Strategic Planning at Dish Network Corp., Chief Operating Officer of Dish Network Corp., Chief Financial Officer of EchoStar Corporation.

Rivals

Competitors/colleagues of Bernard L. Han

Holdings

See how much did Bernard L. Han make over time.

Bernard Han's holdings in Frontier Communications show an interesting trajectory. In 2021, right after taking over, he made several trades, with values ranging from $2.25 million to $2.58 million monthly. In 2022, his holdings fluctuated significantly, dropping as low as...

Bernard Han's holdings in Frontier Communications show an interesting trajectory. In 2021, right after taking over, he made several trades, with values ranging from $2.25 million to $2.58 million monthly. In 2022, his holdings fluctuated significantly, dropping as low as $1.71 million. However, by 2023, the values began to rebound, peaking at $2.63 million by December. His ongoing investment strategy reflects both his confidence in the company's recovery and his commitment to its success.

Insider Trading

See recent insider trades of Bernard L. Han.

No insider trades found for this CEO.

Compensation History

See how much did Bernard L. Han make over time.

In 2023, Bernard Han's total compensation reached approximately $4.33 million. This includes a base salary of $1.3 million and a hefty bonus of $2.99 million, which is linked to his performance metrics like revenue growth and number of fiber locations constructed. This represents a significant achievement compared to 2022, when he received no bonus due to performance issues. His overall compensation is aligned with Frontier's pay-for-performance philosophy, aiming to not just reward him but also to boost shareholder value. Han's vested stock units added around $6.35 million in value, highlighting his stake in driving the company forward. For 2021, right before this structure solidified, he had a notably lower total compensation following his short tenure that year, showcasing how each year carries different challenges and successes.

Year

2023

Total Compensation

$10.65M

Salary

$1.30M

Board Justification

The company follows a pay-for-performance philosophy, aligning executive compensation with long-term shareholder value creation and company performance metrics.

Bonus

$2.99M

Board Justification

The annual cash incentive is based on performance metrics including Adjusted EBITDA, Revenue, Fiber Locations Constructed, and Net Fiber Broadband Adds, with a payout of 115% of target for 2023.

Other

$13.04K

Board Justification

Other compensation includes a relocation related payment.

Restricted Stock

$6.35M(250.56K RSU)

Board Justification

Restricted Stock Units (RSUs) vest in equal installments over three years, with 250,557 shares vesting in 2023.

Performance Metrics

The performance metrics for 2023 included Adjusted EBITDA, Revenue, Fiber Locations Constructed, and Net Fiber Broadband Adds.

Other Frontier Communications Parent, Inc. CEOs

Here are other CEOs of Frontier Communications Parent, Inc.

Daniel J. McCarthy

Ex-CEO of Frontier Communications Parent, Inc.

December 2016 - December 2019