Cornelius B. Prior, Jr. is the former CEO and current Chairman of the Board at ATN International, Inc., a telecommunications company he co-founded in 1987. He held the CEO role from 1998 until 2005, shaping the company's direction during a...

Cornelius B. Prior, Jr. is the former CEO and current Chairman of the Board at ATN International, Inc., a telecommunications company he co-founded in 1987. He held the CEO role from 1998 until 2005, shaping the company's direction during a crucial period. Prior is known for his deep understanding of the telecommunications market in the Caribbean, having served as the Chairman of CANTO (Caribbean Association of National Telecommunications Organizations). A Harvard Law School graduate, he started his career as an attorney after serving in the Navy and being a Fulbright Scholar. His family is in the business too; his son, Michael T. Prior, now leads ATN as CEO. Over the years, Cornelius has made significant contributions to the industry and remains an influential figure in telecommunications and business governance.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other ATN International CEOs

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Cornelius B. Prior, Jr.

Founder and Ex-CEO of ATN International

Education

Harvard Law School

Field of Expertise

Technology & Engineering - Telecommunications

Sector of Economy

Communication Services

Born

January 1, 1937 - 88 years ago

CEO of ATN International for

7 years 11 months (Jan 1998 - Dec 2005)

Previous Experience

Co-founded the Company in 1987 and served as Co-Chief Executive Officer before becoming CEO.

Rivals

Competitors/colleagues of Cornelius B. Prior, Jr.

Holdings

See how much did Cornelius B. Prior, Jr. make over time.

Cornelius B. Prior, Jr. is a significant stakeholder in ATN International, owning approximately 27.1% of the company's shares as of 2017. His holdings peaked around 36.6% in the late 90s, coinciding with the company's rapid growth. Over the years, his...

Cornelius B. Prior, Jr. is a significant stakeholder in ATN International, owning approximately 27.1% of the company's shares as of 2017. His holdings peaked around 36.6% in the late 90s, coinciding with the company's rapid growth. Over the years, his ownership has fluctuated, reflecting strategic choices and market conditions. As the company evolved, so did his stake, demonstrating a commitment to the firm's vision while navigating the challenges of the telecommunications landscape. These changes in ownership underline his active engagement in the company’s performance and direction.

Total Stock Sold

$9.97M

ATNI

$9.97M

176,268 ATNI shares

What if they kept their stock?

If Cornelius B. Prior, Jr. didn't sell their stock, today they would have:
Extra ATNI176,268 shares worth $10.94M.
This is 9.72% and $969.13K more than what they got when they sold the stock.

Charitable Transactions

ATNI

1,368,079 shares

ATNI

Recent Charitable Transactions

ATNI

600 shares

ATNI

Dec 31, 2022

Charity

ATNI

32,262 shares

ATNI

Dec 31, 2021

Charity

ATNI

690 shares

ATNI

Dec 31, 2017

Charity

ATNI

76,750 shares

ATNI

Dec 31, 2016

Charity

ATNI

70,015 shares

ATNI

Dec 31, 2015

Charity

ATNI

43,200 shares

ATNI

Dec 31, 2014

Charity

Insider Trading

See recent insider trades of Cornelius B. Prior, Jr..

ATNI

600 shares

ATNI

Dec 31, 2022

Charity

ATNI

32,262 shares

ATNI

Dec 31, 2021

Charity

ATNI

$26.40K

ATNI at $44.00/share

Nov 10, 2021

Sale

ATNI

$25.00K

ATNI at $50.00/share

Apr 13, 2021

Sale

ATNI

$10.74M

ATNI at $66.87/share

Dec 31, 2019

Sale

ATNI

690 shares

ATNI

Dec 31, 2017

Charity

ATNI

76,750 shares

ATNI

Dec 31, 2016

Charity

ATNI

70,015 shares

ATNI

Dec 31, 2015

Charity

ATNI

43,200 shares

ATNI

Dec 31, 2014

Charity

ATNI

$361.75K

ATNI at $72.35/share

Nov 13, 2014

Sale

Compensation History

See how much did Cornelius B. Prior, Jr. make over time.

In terms of compensation, Cornelius B. Prior, Jr. had a consistent salary of $350,000 for several years leading up to his retirement as CEO. He did not receive bonuses or stock options during this time, as he requested to keep his pay modest compared to his peers. His total compensation in 2005 was approximately $375,000, largely consisting of his salary and benefits related to retirement plans. This decision was part of his plan to focus on the company's growth rather than personal financial gain. Interestingly, his compensation was structured in a way that aligned with long-term company performance but also reflected his personal values around leadership and responsibility.

Year

2005

Total Compensation

$375.00K

Salary

$350.00K

Board Justification

The compensation philosophy is designed to retain the CEO's services and encourage performance without exceeding compensation levels of comparably qualified individuals.

Bonus

$0.00

Board Justification

No bonus was awarded in 2005 as per the company's compensation policy.

Other

$25.00K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No restricted stock awards were vested in 2005.

Performance Metrics

The CEO's compensation is not directly tied to performance metrics due to the CEO's request to refrain from salary increases or bonuses.

Other ATN International CEOs

Here are other CEOs of ATN International

Michael T. Prior

Ex-CEO of ATN International

January 2006 - December 2023