Sundar PichaiSundar Pichai earned $164M in 2023

George H. Conrades has been a pivotal figure in the tech industry, previously serving as the CEO of Akamai Technologies from 1999 until 2005. He was the driving force behind Akamai as it emerged as a leader in Internet content...

Quick Links
A

George H. Conrades

Ex-CEO of Akamai Technologies

Education

Bachelor's degree in Mathematics from Harvard University

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

May 18, 1945 - 80 years ago

CEO of Akamai Technologies for

2 years 1 month (Feb 2003 - Apr 2005)

Previous Experience

Chairman and CEO of Akamai Technologies, Inc.

Holdings

See how much did George H. Conrades make over time.

During his time at Akamai, George H. Conrades had significant holdings that reflected his commitment to the company. As of 2012, he owned about 1,027,275 shares, showcasing his strong stake in Akamai's future. His wealth in Akamai peaked around 2005...

No data yet.

No data yet.

Total Stock Sold

$19.45M

ORCL

$18.01M

345,900 ORCL shares

AKAM

$1.43M

22,340 AKAM shares

What if they kept their stock?

If George H. Conrades didn't sell their stock, today they would have:
Extra ORCL345,900 shares worth $18.82M and AKAM22,340 shares worth $2.24M.
This is 8.31% and $1.62M more than what they got when they sold the stock.

Charitable Transactions

AKAM

1,088,604 shares

AKAM

ORCL

37,500 shares

ORCL

IRWD

346,656 shares

IRWD

Recent Charitable Transactions

ORCL

37,500 shares

ORCL

Dec 22, 2022

Charity

AKAM

121,000 shares

AKAM

Dec 31, 2017

Charity

AKAM

117,854 shares

AKAM

Dec 31, 2016

Charity

AKAM

253,215 shares

AKAM

Dec 31, 2015

Charity

AKAM

33,000 shares

AKAM

Sep 15, 2014

Charity

IRWD

240,000 shares

IRWD

Dec 19, 2013

Charity

Insider Trading

See recent insider trades of George H. Conrades.

ORCL

$2.32M

ORCL at $116.00/share

May 3, 2024

Sale

ORCL

$2.90M

ORCL at $116.13/share

May 1, 2024

Sale

ORCL

$524.83K

ORCL at $112.87/share

Nov 10, 2023

Sale

ORCL

37,500 shares

ORCL

Dec 22, 2022

Charity

AKAM

121,000 shares

AKAM

Dec 31, 2017

Charity

ORCL

$2.71M

ORCL at $48.18/share

Sep 28, 2017

Sale

ORCL

$2.71M

ORCL at $48.25/share

Sep 22, 2017

Sale

AKAM

117,854 shares

AKAM

Dec 31, 2016

Charity

ORCL

$2.86M

ORCL at $36.32/share

Dec 21, 2015

Sale

AKAM

253,215 shares

AKAM

Dec 31, 2015

Charity

Compensation History

See how much did George H. Conrades make over time.

In 2005, George H. Conrades received a total compensation of $68,000, primarily from stock options and a salary of $20,000. He did not participate in cash-based incentives, emphasizing an unusual pay structure for a tech CEO at that time. His package included vested stock units representing a right to receive shares of Akamai, showing a focus on long-term benefits. Throughout his leadership, Akamai's compensation philosophy aimed to attract and retain talent, linking executive pay to performance and shareholder value. The executive compensation style at Akamai under Conrades was more aligned with creating value over time rather than immediate cash rewards, which is notable in the often fluctuating landscape of tech executive compensation.

Year

2005

Total Compensation

$20.00K

Salary

$20.00K

Board Justification

Akamai continues to design our executive compensation program with the goal of attracting, retaining and rewarding quality people in a highly competitive business environment. Our annual and long-term incentive compensation strategy is performance-oriented, and is designed to link our strategic business objectives and the enhancement of stockholder returns with the compensation of our managers.

Bonus

$0.00

Board Justification

Mr. Conrades does not participate in a cash-based incentive plan.

Other

$0.00

Board Justification

Other compensation in the form of perquisites and other personal benefits has been omitted because these perquisites and other personal benefits constituted less than the lesser of $50,000 or 10% of the total salary and bonus for each Akamai Named Executive Officer for that year.

Restricted Stock

$0.00(180K deferred stock units)

Board Justification

Consists of deferred stock units representing the right to receive 12,448 shares of our common stock issued to Mr. Conrades in connection with his becoming Executive Chairman of our Board of Directors. Fifty percent of the deferred stock units vest on May 24, 2006, with the remainder vesting in equal 12.5% installments each quarter thereafter.

Performance Metrics

Mr. Conrades' compensation was determined based on his role and contributions to the company during his tenure as CEO.

Other Akamai Technologies CEOs

Here are other CEOs of Akamai Technologies