Michael E. Hurlston is the former CEO of Ubiquiti Inc., having served from August 2016 to June 2021. With a strong background in technology leadership, he previously held significant roles at companies like Finisar and Broadcom. His work at Broadcom...

Michael E. Hurlston is the former CEO of Ubiquiti Inc., having served from August 2016 to June 2021. With a strong background in technology leadership, he previously held significant roles at companies like Finisar and Broadcom. His work at Broadcom included managing the Wireless Communications and Connectivity Division, which emphasizes his expertise in semiconductor solutions. Hurlston stepped down from Ubiquiti's board in mid-2021 to focus on his role at Synaptics, where he still serves as CEO. Interestingly, throughout 2021, he reported modest compensation mainly related to the personal use of company resources, reflecting his status as a major stockholder rather than a traditional executive dependent on salary or bonuses. He holds degrees in Electrical Engineering and an MBA, showcasing a solid technical foundation that he brought into the tech industry. Hurlston's career decisions highlight his commitment to balancing multiple high-level positions within the technology sector without compromising his responsibilities.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Ubiquiti Inc. CEOs

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Michael E. Hurlston

Ex-CEO of Ubiquiti Inc.

Education

Bachelor's degree from an unknown institution

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1971 - 54 years ago

CEO of Ubiquiti Inc. for

4 years 10 months (Aug 2016 - Jun 2021)

Previous Experience

President and CEO of Synaptics Incorporated; various roles at Broadcom Limited.

Rivals

Competitors/colleagues of Michael E. Hurlston

Holdings

See how much did Michael E. Hurlston make over time.

Michael E. Hurlston, as an influential leader at Ubiquiti Inc., held significant stock, reflecting his deep investment in the company’s success. During his tenure, he didn’t take a salary but focused on remaining a majority stockholder, which illustrated his commitment...

Michael E. Hurlston, as an influential leader at Ubiquiti Inc., held significant stock, reflecting his deep investment in the company’s success. During his tenure, he didn’t take a salary but focused on remaining a majority stockholder, which illustrated his commitment to aligning with shareholders' interests. By the end of his term in 2021, his financial decisions mirrored a strategic investment in Ubiquiti’s future rather than immediate cash rewards. His stock ownership demonstrated a classic example of skin-in-the-game, promoting the idea that his wealth was tied to the company's performance. Before his resignation from the board, his holdings fluctuated as he maintained substantial equity, showcasing confidence in Ubiquiti's direction going forward. His approach to wealth in Ubiquiti has always been about building long-term value rather than short-term gains, aligning with his vision for sustainable success.

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Insider Trading

See recent insider trades of Michael E. Hurlston.

No insider trades found for this CEO.

Compensation History

See how much did Michael E. Hurlston make over time.

In 2021, Michael E. Hurlston reported a total compensation of only $118,629, which mainly covered personal use of company planes and reimbursement of taxes related to that usage. This reflects a unique approach where Hurlston, being a majority stockholder, chose not to receive a salary or cash bonuses. In 2020, his reported compensation was just $3,698, and in 2019 it was $200,000, primarily from salary. Interestingly, in 2018, he opted for a $0 salary, opting instead to maintain his stake in the company. This approach signals a strong belief in the long-term value of his investments and a desire to align his interests closely with those of shareholders.

Year

2021

Total Compensation

$118.63K

Salary

$0.00

Board Justification

The compensation philosophy is designed to attract and retain talented executives while aligning their interests with those of the stockholders, focusing on performance-based compensation.

Bonus

$0.00

Board Justification

No bonus was reported for the year 2021 as the CEO did not receive any cash compensation.

Other

$118.63K

Board Justification

This amount reflects incremental costs for personal use of the Company airplane and reimbursements of FICA taxes related to that use.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to the CEO in 2021 as he was a majority stockholder and did not receive equity awards during that period.

Performance Metrics

The performance metrics that determine compensation are based on achieving specified financial and business objectives.

Other Ubiquiti Inc. CEOs

Here are other CEOs of Ubiquiti Inc.

Craig Foster

Ex-CEO of Ubiquiti Inc.

March 2013 - April 2015

Brandon Arrindell

CEO of Ubiquiti Inc.

August 2021 - Present