Sundar PichaiSundar Pichai earned $164M in 2023

Juergen Stark served as CEO of Turtle Beach Corporation until June 30, 2023. He holds an M.B.A. from Harvard Business School and has a strong background in engineering. During his tenure, Stark made significant moves, including hefty insider trading, demonstrating...

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Juergen Stark

Ex-CEO of Turtle Beach Corporation

Education

M.B.A. from Harvard Business School

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1972 - 53 years ago

CEO of Turtle Beach Corporation for

9 years 5 months (Jan 2014 - Jun 2023)

Previous Experience

Senior management positions at Motorola, Inc. and Motorola Mobility Holdings, Inc.

Rivals

Competitors/colleagues of Juergen Stark

Holdings

See how much did Juergen Stark make over time.

Juergen Stark's holdings in Turtle Beach Corporation showed fluctuations, peaking around mid-2020 when values reached over $6.72 million. His trading was notable with monthly values regularly crossing $5 million during 2020, indicating his strong belief in the company's direction. By...

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Total Stock Sold

$17.06M

HEAR

$17.06M

810,701 HEAR shares

What if they kept their stock?

If Juergen Stark didn't sell their stock, today they would have:
Extra HEAR810,701 shares worth $9.08M.
This is -46.74% and $7.97M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Juergen Stark.

HEAR

$889.70K

HEAR at $10.85/share

May 11, 2023

Sale

HEAR

$1.04M

HEAR at $11.18/share

May 9, 2023

Sale

HEAR

145,218 shares

HEAR

May 1, 2023

Received

HEAR

$3.73M

HEAR at $33.28/share

Feb 15, 2021

Sale

HEAR

$2.24M

HEAR at $22.39/share

Dec 29, 2020

Sale

HEAR

$1.89M

HEAR at $17.77/share

Nov 15, 2020

Sale

HEAR

$2.84M

HEAR at $17.65/share

Sep 16, 2020

Sale

HEAR

$61.68K

HEAR at $5.14/share

Mar 12, 2020

Purchase

HEAR

$102.69K

HEAR at $9.78/share

Jun 10, 2019

Purchase

HEAR

$124.35K

HEAR at $19.70/share

Sep 26, 2018

Sale

Compensation History

See how much did Juergen Stark make over time.

Juergen Stark’s compensation as CEO was directly tied to Turtle Beach's performance metrics. In 2023, he earned $643,358, which included his base salary of $331,154 and a pro-rated bonus due to his termination. Notably, his total compensation dipped significantly as he left the company, with no stock vested in 2023 because of his exit. Over the years, his pay fluctuated, reaching a high of $2,588,756 in 2020 from a combination of salary and performance bonuses. His agreement included provisions for significant severance, ensuring he received benefits through 2024, alongside a consulting role post-CEO tenure. This structure reflects Turtle Beach's strategy to align executive rewards with company performance, as seen in the variable compensation based on financial achievements.

Year

2023

Total Compensation

$4.38M

Salary

$331.15K

Board Justification

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

Bonus

$315.00K

Board Justification

Pro-rated portion of target annual cash bonus opportunity paid in a lump sum due to termination of employment.

Other

$4.09K

Board Justification

Includes salary continuation payments, COBRA subsidy, and the value of accelerated equity awards.

Restricted Stock

$3.73M(0 RSU)

Board Justification

No stock grants were vested in 2023 as all were accelerated due to termination.

Performance Metrics

Compensation is tied to financial performance metrics including net revenue and Adjusted EBITDA.

Other Turtle Beach Corporation CEOs

Here are other CEOs of Turtle Beach Corporation