Clifford Press served as the CEO of Acacia Research Corporation from November 2019 until November 2022. Throughout his tenure, he focused on aligning executive goals with shareholder interests, a strategy reflected in his compensation structure. In 2022, he earned a...

Clifford Press served as the CEO of Acacia Research Corporation from November 2019 until November 2022. Throughout his tenure, he focused on aligning executive goals with shareholder interests, a strategy reflected in his compensation structure. In 2022, he earned a total of $862,661, which included a salary of $414,711 and additional benefits but no bonuses or stock awards. His peak compensation was in 2021, where he made $1.2 million, largely thanks to a performance-related bonus. Notably, Mr. Press was awarded significant restricted stock units in previous years, which could potentially yield more value if performance metrics were met. He didn’t have much stock activity recently, meaning investors should look closely at the company's future performance and strategies to gauge his impact. The way his compensation was structured highlights a broader theme in corporate governance—rewarding not just for immediate results but for the long-term health of the company. His leadership role during a complex period for Acacia Research makes him a figure worth watching as the company develops its plans in a competitive landscape.