Bruce McClelland has a strong background in telecommunications, having led notable companies like Ribbon Communications Inc. and CommScope Holding Company. He served as CEO of Ribbon Communications from June 2020 to January 2023, a time when the company was focused...

Bruce McClelland has a strong background in telecommunications, having led notable companies like Ribbon Communications Inc. and CommScope Holding Company. He served as CEO of Ribbon Communications from June 2020 to January 2023, a time when the company was focused on innovative communication solutions. Before his role at Ribbon, Bruce had a brief tenure at CommScope in early 2019. His leadership style is tied closely to performance metrics, ensuring that his pay matches how well the company does. For example, in 2023, his total compensation was around $675,000, with a significant portion linked to the company's performance. During his time at Ribbon, his financial decisions and strategies made an impact in the fast-evolving telecom industry. This shows his commitment to aligning his interests with those of shareholders, which is critical in the fast-paced tech world. He emphasizes a performance-based pay philosophy, which is geared towards attracting and retaining top talent and driving company success.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Ribbon Communications Inc. CEOs

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Bruce McClelland

Ex-CEO of Ribbon Communications Inc.

Education

Not specified

Field of Expertise

Technology & Engineering - Telecommunications

Sector of Economy

Communication Services

CEO of Ribbon Communications Inc. for

2 years 6 months (Jun 2020 - Jan 2023)

Previous Experience

Various leadership roles in telecommunications and technology

Rivals

Competitors/colleagues of Bruce McClelland

Holdings

See how much did Bruce McClelland make over time.

Bruce McClelland has held significant stock in Ribbon Communications, especially during his tenure. In 2023, his vested stock holdings were valued at approximately $200,000, showing a strategic investment in the company’s growth. Earlier, in 2022, he had vested stock worth...

Bruce McClelland has held significant stock in Ribbon Communications, especially during his tenure. In 2023, his vested stock holdings were valued at approximately $200,000, showing a strategic investment in the company’s growth. Earlier, in 2022, he had vested stock worth $300,000. Notably, during his time at CommScope, he faced unique challenges that led to fluctuations in his equity positions, with a major focus on Core Adjusted EBITDA and revenue metrics. This period demonstrated a significant connection between his personal wealth and the company's performance, a theme he has maintained throughout his career. His stock positions reflect his belief in the telecommunications market's potential, emphasizing both responsibility and insight in handling executive holdings.

Insider Trading

See recent insider trades of Bruce McClelland.

RBBN

$29.90K

RBBN at $3.02/share

Mar 1, 2024

Purchase

RBBN

$30.20K

RBBN at $3.02/share

Mar 1, 2024

Purchase

RBBN

$26.00K

RBBN at $2.60/share

May 3, 2023

Purchase

RBBN

$42.15K

RBBN at $2.81/share

Mar 14, 2022

Purchase

RBBN

$44.90K

RBBN at $4.49/share

Aug 21, 2020

Purchase

RBBN

$44.90K

RBBN at $4.49/share

Aug 18, 2020

Purchase

RBBN

$88.22K

RBBN at $4.41/share

Aug 10, 2020

Purchase

RBBN

$32.50K

RBBN at $3.25/share

May 13, 2020

Purchase

RBBN

$44.58K

RBBN at $2.23/share

Mar 13, 2020

Purchase

RBBN

$51.59K

RBBN at $2.58/share

Mar 11, 2020

Purchase

Compensation History

See how much did Bruce McClelland make over time.

In 2023, Bruce McClelland earned a total compensation of around $675,000, which included a salary of $500,000 and a bonus of $150,000. His bonus was tied directly to company performance metrics, like revenue and EBITDA, reflecting the company’s success under his leadership. This structured approach to compensation showcases a commitment to aligning his earnings with the company's performance. In previous years, his pay varied significantly based on performance results, with larger bonuses in better-performing years. For example, in 2021, his total compensation reached nearly $2.9 million, largely due to a substantial performance bonus. This emphasizes his performance-driven philosophy, crucial in the competitive and rapidly evolving telecommunications sector.

Other Ribbon Communications Inc. CEOs

Here are other CEOs of Ribbon Communications Inc.

Franklin W. Hobbs

Ex-CEO of Ribbon Communications Inc.

December 2017 - November 2019

Dan Redington

CEO of Ribbon Communications Inc.

January 2023 - Present