Cris Keirn is the CEO of Turtle Beach Corporation (HEAR), a leading player in the gaming headset market, since March 2024. With a background in mechanical engineering, holding a B.S. from Purdue University, Cris brings strong technical skills to the...

Cris Keirn is the CEO of Turtle Beach Corporation (HEAR), a leading player in the gaming headset market, since March 2024. With a background in mechanical engineering, holding a B.S. from Purdue University, Cris brings strong technical skills to the business leadership arena. Before becoming CEO, he served as the Interim CEO of the same company for several months, showcasing a consistent trajectory of leadership. In 2023, his total compensation reached about $834,825, reflecting both a base salary and performance-based bonuses, which align with company performance metrics like net revenue. Cris has also been actively trading company stock, showing a marked increase in insider sales over time, with notable transactions exceeding $1 million in early 2024. Such activities suggest he has confidence in the company's direction and financial health under his guidance.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Turtle Beach Corporation CEOs

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Cris Keirn

CEO of Turtle Beach Corporation

Education

B.S. in Mechanical Engineering from Purdue University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1971 - 54 years ago

CEO of Turtle Beach Corporation for

1 year 2 months (Mar 2024 - Present)

Previous Experience

Leadership positions at Motorola across product management, operations, quality and customer relations.

Rivals

Competitors/colleagues of Cris Keirn

Holdings

See how much did Cris Keirn make over time.

Cris Keirn has shown significant activity with Turtle Beach Corporation stock. His recent trades exhibit a fluctuating pattern, indicating his active engagement with the company's financial performance. In July 2023, his insider sales were valued at $120.77K, gradually rising to...

Cris Keirn has shown significant activity with Turtle Beach Corporation stock. His recent trades exhibit a fluctuating pattern, indicating his active engagement with the company's financial performance. In July 2023, his insider sales were valued at $120.77K, gradually rising to $1.12M by April 2024—a noticeable increase reflecting both confidence and substantial changes in his holdings. The highest value of insider trading occurred in March 2024 at over $1 million. This trend demonstrates how over time, Cris not only held a considerable stake in the company but made strategic moves as the stock value increased, emphasizing his role as a key player in the company's growth trajectory.

Insider Trading

See recent insider trades of Cris Keirn.

HEAR

407 shares

HEAR

Mar 13, 2024

Received

HEAR

868 shares

HEAR

Feb 29, 2024

Received

HEAR

928 shares

HEAR

Jan 31, 2024

Received

HEAR

900 shares

HEAR

Dec 31, 2023

Received

HEAR

1,011 shares

HEAR

Nov 30, 2023

Received

HEAR

1,171 shares

HEAR

Oct 31, 2023

Received

HEAR

1,019 shares

HEAR

Sep 29, 2023

Received

HEAR

887 shares

HEAR

Aug 31, 2023

Received

HEAR

903 shares

HEAR

Jul 31, 2023

Received

Compensation History

See how much did Cris Keirn make over time.

In 2023, Cris Keirn received a total compensation of around $834,825, which includes his salary of $410,000, a performance-based bonus of approximately $313,746, and other benefits worth about $49,078. His annual bonus was closely tied to financial performance, demonstrating a strong alignment between the CEO's success and the company’s achievements. A notable aspect of his compensation includes a deferred stock award that vests upon taking on the CEO role, indicating a commitment to long-term growth and sustainability for Turtle Beach. The compensation program is designed to attract and retain top executive talent while ensuring that their goals align with shareholder interests, particularly through performance incentives based on key metrics like Adjusted EBITDA. This framework positions Cris as a leader focused on driving the company forward financially.

Year

2023

Total Compensation

$837.13K

Salary

$410.00K

Board Justification

The compensation program is designed to attract, motivate, and retain executives while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$313.75K

Board Justification

Annual cash bonus award equal to approximately 96% of his target annual cash bonus opportunity, based on the achievement of pre-established financial performance metrics.

Other

$49.08K

Board Justification

Includes employer portion of payments pursuant to the Company’s medical and dental plans and matching of 401(k) contributions available to all employees.

Restricted Stock

$64.31K(5.89K Common Stock)

Board Justification

Deferred stock award granted at $10,000 per month for each month served as Interim CEO, vested upon appointment as CEO on March 13, 2024.

Performance Metrics

Net revenue and Adjusted EBITDA as primary performance metrics for determining cash bonuses.

Other Turtle Beach Corporation CEOs

Here are other CEOs of Turtle Beach Corporation

Juergen Stark

Ex-CEO of Turtle Beach Corporation

January 2014 - June 2023