In 2023, David Schaeffer earned $8.00M in total compensation at Cogent Communications Holdings, primarily from $7.99M in stock. 2+ years at the helm of Cogent Communications Holdings.
Compensation History
Annual executive compensation data for David Schaeffer, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$8.00M
Salary
$0.00
Bonus
$0.00
Other
$9.92K
Salary
$0.00Board Justification
The compensation philosophy focuses on aligning executive compensation with company performance and stockholder interests, primarily through performance-based equity awards and cash incentives tied to revenue and EBITDA growth.
Bonus
$0.00Board Justification
The CEO does not receive a base salary or bonus; his compensation is entirely performance-based through equity awards and cash incentives based on company performance.
Other Compensation
$9.92KBoard Justification
This includes employer matching contributions to the Company’s 401(k) defined contribution plan.
Restricted Stock
Board Justification
The time-based restricted stock award of 72,000 shares vests monthly at 6,000 shares per month starting January 1, 2026, and the performance-based restricted stock award of 88,000 shares is eligible to vest based on performance metrics through April 1, 2027.
Performance Metrics
The performance metrics for the CEO's cash incentive include achieving at least 5% revenue growth and 10% adjusted EBITDA growth.
David Schaeffer
Founder and CEO of Cogent Communications Holdings
Education
Bachelor's degree in Computer Science from the University of California, Berkeley.
Field of Expertise
Technology & Engineering - Telecommunications
Sector of Economy
Communication Services
Born
February 15, 1968 - 57 years ago
CEO of Cogent Communications Holdings for
2 years 11 months (Jan 2023 - Present)
Previous Experience
Founder of Cogent Communications Holdings, Inc., extensive experience in the telecommunications industry, management roles in various companies.
Other Cogent Communications Holdings CEOs
Holdings
Track David Schaeffer's stock holdings and portfolio value over time.
Insider Trading
David Schaeffer's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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