In 2023, Dan Redington earned $900.00K in total compensation at Ribbon Communications Inc., including $450.00K salary, $100.00K bonus and $300.00K in stock. Most recently sold 34,452 shares in Feb 2024. Currently holds stock worth $40.97K. 2+ years at the helm of Ribbon Communications Inc..
Compensation History
Annual executive compensation data for Dan Redington, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$900.00K
Salary
$450.00K
Bonus
$100.00K
Other
$50.00K
Salary
$450.00KBoard Justification
The compensation philosophy aligns with company performance, focusing on long-term value creation and retention of top talent through competitive compensation packages.
Bonus
$100.00KBoard Justification
The bonus is based on the achievement of specific financial targets and operational goals set at the beginning of the year, paid out in cash in 2023.
Other Compensation
$50.00KBoard Justification
Other compensation includes health benefits, retirement contributions, and other perquisites provided to the CEO in 2023.
Restricted Stock
Board Justification
The vested stock consists of performance-based restricted stock units (RSUs) that were granted in previous years and vested in 2023 based on the company's performance metrics.
Performance Metrics
The performance metrics include revenue growth, EBITDA targets, and strategic milestones that drive the company's success.
Dan Redington
CEO of Ribbon Communications Inc.
Education
Not specified
Field of Expertise
Sales & Marketing - Sales
Sector of Economy
Communication Services
CEO of Ribbon Communications Inc. for
2 years 10 months (Jan 2023 - Present)
Previous Experience
Various sales roles in telecommunications
Other Ribbon Communications Inc. CEOs
Holdings
Track Dan Redington's stock holdings and portfolio value over time.
Total Stock Sold
$206.18K
$206.18K
66,000 RBBN shares
What if they kept their stock?
If Dan Redington didn't sell their stock, today they would have:
Extra RBBN66,000 shares worth $190.74K.
This is -7.49% and $15.44K less than what they got when they sold the stock.
Insider Trading
Dan Redington's recent stock transactions, purchases, and sales filed with the SEC.
$106.66K
RBBN at $3.10/share
Feb 26, 2024
Sale
$99.27K
RBBN at $3.15/share
Feb 21, 2024
Sale
Rivals
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