In 2017, David A. Wittwer earned $1.14M in total compensation at Telephone and Data Systems, including $654.00K salary and $490.50K bonus. Most recently acquired 567 shares in Mar 2018. Currently holds stock worth $440.16K. Led Telephone and Data Systems as CEO for 18 years.
Compensation History
Annual executive compensation data for David A. Wittwer, including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$1.14M
Salary
$654.00K
Bonus
$490.50K
Other
$0.00
Salary
$654.00KBoard Justification
TDS aims to align compensation with performance, focusing on long-term success and competitive market practices.
Bonus
$490.50KBoard Justification
The bonus for Mr. Wittwer was based on TDS Telecom's overall company performance for 2017, which was 99.9% of target, and was paid at target due to his retirement on December 29, 2017.
Other Compensation
$0.00Board Justification
No other compensation was reported for Mr. Wittwer in 2017.
Restricted Stock
Board Justification
Mr. Wittwer did not have any vested stock in 2017 as all of his unvested options and stock awards expired at the time of his retirement.
Performance Metrics
The performance metrics for Mr. Wittwer's bonus were based on TDS Telecom's performance, which was assessed at 99.9% of target.
David A. Wittwer
Ex-CEO of Telephone and Data Systems
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Communication Services
CEO of Telephone and Data Systems for
18 years 1 month (Jan 2007 - Feb 2025)
Previous Experience
President of TDS Telecom's ILEC operations
Holdings
Track David A. Wittwer's stock holdings and portfolio value over time.
Total Stock Sold
$16.82M
$16.82M
593,595 TDS shares
What if they kept their stock?
If David A. Wittwer didn't sell their stock, today they would have:
Extra TDS593,595 shares worth $22.57M.
This is 34.16% and $5.75M more than what they got when they sold the stock.
Insider Trading
David A. Wittwer's recent stock transactions, purchases, and sales filed with the SEC.
567 shares
TDS
Mar 1, 2018
Received
$7.87M
TDS at $27.53/share
Feb 27, 2018
Sale
$642.18K
TDS at $25.38/share
Nov 7, 2016
Sale
$3.36M
TDS at $30.62/share
Aug 8, 2016
Sale
$1.58M
TDS at $29.90/share
Mar 31, 2016
Sale
$3.02M
TDS at $30.16/share
May 18, 2015
Sale
$248.30K
TDS at $24.83/share
Dec 22, 2014
Sale
$294.67K
TDS at $29.47/share
Sep 24, 2013
Sale
Rivals
Compare David A. Wittwer with competitor CEOs and industry peers.