Kenneth R. Meyers is the former CEO of Telephone and Data Systems (TDS) and United States Cellular (USM). He has a background in business, holding a Bachelor's degree in Business Administration. Meyers guided TDS from July 2015 to July 2020,...

Kenneth R. Meyers is the former CEO of Telephone and Data Systems (TDS) and United States Cellular (USM). He has a background in business, holding a Bachelor's degree in Business Administration. Meyers guided TDS from July 2015 to July 2020, focusing on performance linked to company goals. During his career, he received substantial bonuses based on U.S. Cellular's performance metrics. Strikingly, in 2019, his total compensation was over $2 million, significantly driven by a bonus which was around 120% of the target. He retired from UScellular with no outstanding stock options as they were fully vested by that time. Meyers' approach shows an emphasis on performance, aligning his pay with company success, aiming to attract and maintain high-quality leadership. His work illustrates the balance of individual contributions to overall company performance, especially during fluctuations in the telecommunications industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other United States Cellular CEOs

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Kenneth R. Meyers

Ex-CEO of United States Cellular

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Communication Services

Born

January 1, 1965 - 60 years ago

CEO of United States Cellular for

7 years 0 months (Jun 2013 - Jul 2020)

Previous Experience

Various roles at Telephone and Data Systems, Inc.

Rivals

Competitors/colleagues of Kenneth R. Meyers

A

Jayshree Ullal

CEO of Arista Networks

2023 Compensation

Stock

$15.05M

Salary

$300.00K

Bonus

$200.00K

Other

$10.40K

Total Holdings

$3.15B

Holdings

See how much did Kenneth R. Meyers make over time.

During his time as CEO, Kenneth R. Meyers had significant stock holdings in United States Cellular, where his compensation was largely tied to company performance. Notably, he had received an impressive amount of restricted stock units (RSUs) in previous years...

During his time as CEO, Kenneth R. Meyers had significant stock holdings in United States Cellular, where his compensation was largely tied to company performance. Notably, he had received an impressive amount of restricted stock units (RSUs) in previous years that would vest at specific times, highlighting a strategy to encourage long-term growth. He joined UScellular in 2013 and saw his total compensation reach as high as near $2 million in 2019. His financial interests in the company underscored his commitment to keeping the company’s financial health a priority. By 2020, as he stepped down, his vested stock was poised at zero, indicating either a full liquidation of holdings or a strategic shift as he transitioned away from his active role. Overall, his holdings exhibited a story of growth closely knitted with the fortunes of UScellular, demonstrating how closely tied executive fortunes can be with company performance.

No data yet.

Total Stock Sold

$11.95M

USM

$11.95M

290,000 USM shares

What if they kept their stock?

If Kenneth R. Meyers didn't sell their stock, today they would have:
Extra USM290,000 shares worth $9.00M.
This is -24.69% and $2.95M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Kenneth R. Meyers.

USM

$1.35M

USM at $33.64/share

Jun 8, 2020

Sale

USM

$2.00M

USM at $33.39/share

Jun 5, 2020

Sale

USM

$1.12M

USM at $37.30/share

Sep 18, 2019

Sale

USM

$1.04M

USM at $34.66/share

Aug 13, 2019

Sale

USM

$1.41M

USM at $46.93/share

Jul 8, 2019

Sale

USM

$1.32M

USM at $44.16/share

Jun 3, 2019

Sale

USM

$1.67M

USM at $47.76/share

Feb 25, 2019

Sale

USM

$2.00M

USM at $57.22/share

Nov 26, 2018

Sale

Compensation History

See how much did Kenneth R. Meyers make over time.

Kenneth R. Meyers' compensation as CEO varied significantly during his tenure, reflecting both his performance and his company's results. In 2019, for instance, he reported total compensation exceeding $2.1 million, primarily due to a generous bonus tied to company performance metrics, which came in significantly above target. His salary was stable at around $1 million, but the variable portions from bonuses showcased the pressure of leading in a competitive field. Interestingly, while he did not receive stock grants during his final year, his previous vested stock from 2018 and before demonstrated a substantial alignment with shareholder interests. The structure of his compensation points to a clear philosophy at TDS to reward performance, aiming to draw and keep capable executives while ensuring they are incentivized to improve company value over time.

Other United States Cellular CEOs

Here are other CEOs of United States Cellular

Laurent C. Therivel

CEO of United States Cellular

July 2020 - Present