Carl Russo is the CEO of Calix, Inc., a key player in technology focusing on cloud and software platforms. He completed his bachelor's degree in Business Administration and has extensive experience leading the company since 2010. Under his leadership, Calix...

Carl Russo is the CEO of Calix, Inc., a key player in technology focusing on cloud and software platforms. He completed his bachelor's degree in Business Administration and has extensive experience leading the company since 2010. Under his leadership, Calix has made significant strides, evident in the solid performance metrics that influence his compensation, aligning CEO pay with company success. In the past years, Russo turned down multiple stock grants, choosing instead to maintain significant ownership in the company, which keeps his interests aligned with shareholders. His total compensation was $600,000 in 2022, with around $150,000 coming from vested stock units, reflecting a strong link between his salary and company performance. Interestingly, Russo's strategic decisions are backed by performance bonuses based on key metrics like revenue growth and customer satisfaction. His tenure has positioned him not just as a leader, but also as a stakeholder committed to driving the company's success while ensuring that the rewards of that success are shared aptly within the company.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Calix CEOs

C

Carl Russo

Ex-CEO of Calix

Education

Bachelor's degree in Business Administration from a recognized university.

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1961 - 64 years ago

CEO of Calix for

12 years 8 months (Jan 2010 - Sep 2022)

Previous Experience

Former CEO of Calix, Inc. since 2010, previously held various leadership positions in the telecommunications industry.

Rivals

Competitors/colleagues of Carl Russo

Holdings

See how much did Carl Russo make over time.

Carl Russo has a noteworthy history of stock ownership in Calix, having turned down multiple stock grants even as he served as CEO since 2010. As of recent filings, he owns approximately 10.42% of the company's shares, which connects his...

Carl Russo has a noteworthy history of stock ownership in Calix, having turned down multiple stock grants even as he served as CEO since 2010. As of recent filings, he owns approximately 10.42% of the company's shares, which connects his financial well-being directly to Calix's performance. In 2022, Russo's holdings were notably influenced by his decision to prioritize substantial ownership rather than regular stock options. At the end of 2022, his wealth tied to Calix was significantly uplifted by past grants, which have a long-term vesting schedule to ensure he remains invested in the company's future. This ownership structure ensures that Russo directly benefits from the company's successes, fostering a closer relationship between his incentives and the interests of shareholders. Over the years, fluctuations in performance metrics significantly shaped his total reported earnings, which demonstrates his focus on consistent growth.

Charitable Transactions

CALX

210,895 shares

CALX

Recent Charitable Transactions

CALX

210,895 shares

CALX

Dec 23, 2012

Charity

Insider Trading

See recent insider trades of Carl Russo.

CALX

210,895 shares

CALX

Dec 23, 2012

Charity

CALX

210,895 shares

CALX

Dec 23, 2012

Charity

Compensation History

See how much did Carl Russo make over time.

In 2022, Carl Russo's total compensation was reported at $600,000. This includes a salary of $400,000 and a performance bonus of $100,000, which reflects specific financial and operational achievements. Additionally, he vested $150,000 worth of stock, recognizing prior year's grants while choosing not to accept new ones. Over the years, his compensation has varied based on the company's performance metrics, showcasing his investment in driving success. In 2021, he had a much higher total compensation of about $1,070,780, reflecting solid performance, but he has consistently kept his base salary around $500,000 since 2012. His compensation plan aligns with key corporate targets, ensuring that his pay reflects the company’s achievements.

Year

2022

Total Compensation

$700.00K

Salary

$400.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, aiming to attract and retain top talent while driving shareholder value.

Bonus

$100.00K

Board Justification

The bonus is based on the achievement of specific financial and operational performance metrics set by the Compensation Committee for the year 2022.

Other

$50.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2022.

Restricted Stock

$150.00K(5K RSU)

Board Justification

5,000 shares of restricted stock units (RSUs) vested in 2022, which were granted in prior years based on performance metrics.

Performance Metrics

Performance metrics include revenue growth, EBITDA targets, and customer satisfaction scores.

Other Calix CEOs

Here are other CEOs of Calix

Michael Weening

CEO of Calix

September 2022 - Present