Oscar Rodriguez served as the President and CEO of Extreme Networks from August 2010 until April 2013. His leadership at Extreme was marked by a shift towards performance-based compensation, reflecting a company culture focused on achieving measurable goals. Before joining...

Oscar Rodriguez served as the President and CEO of Extreme Networks from August 2010 until April 2013. His leadership at Extreme was marked by a shift towards performance-based compensation, reflecting a company culture focused on achieving measurable goals. Before joining Extreme, Rodriguez had a solid background in the tech industry, working with companies like Movius Interactive, Riverstone Networks, and Alcatel-Lucent. His experience spans roles in marketing, management, and executive leadership, showcasing his versatile skill set. An interesting fact about Rodriguez is that he was appointed to the board of directors at Extreme Networks simultaneously with his CEO role in 2010, emphasizing a commitment to both operational and strategic decision-making for the company. He holds a degree in computer engineering from the University of Central Florida and an MBA from UNC, blending technical expertise with business acumen. Rodriguez's compensation package was substantial; in 2011 he earned over $1 million, including a salary of around $473,000 and a performance bonus that tied directly to the company’s success. This alignment of incentives is a clear incentive for leaders to drive their companies forward, creating more value for shareholders and employees alike.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Extreme Networks CEOs

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Oscar Rodriguez

Ex-CEO of Extreme Networks

Field of Expertise

Business & Management

Sector of Economy

Technology

CEO of Extreme Networks for

4 years 7 months (Aug 2010 - Apr 2015)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Oscar Rodriguez

Holdings

See how much did Oscar Rodriguez make over time.

During his tenure at Extreme Networks, Oscar Rodriguez did not have extensive insider trading activity reported, which suggests a stable approach to his holdings. However, he received significant stock options and restricted stock units (RSUs) as part of his compensation....

During his tenure at Extreme Networks, Oscar Rodriguez did not have extensive insider trading activity reported, which suggests a stable approach to his holdings. However, he received significant stock options and restricted stock units (RSUs) as part of his compensation. While exact holdings details aren't highlighted, he was eligible for a performance-based compensation structure which included stock options that would vest over time, aligning his financial interests with the company's performance. In 2011, his vested stock was valued at approximately $239,000, reflecting a strong belief in the company’s future. This emphasis on equity and performance further demonstrates Rodriguez's commitment to Aligning management strategies with shareholder value. Notably, his strategic decisions in leadership roles at other tech companies contributed to his wealth in the industry before joining Extreme Networks, indicating a built-up value that persisted throughout his career.

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Oscar Rodriguez make over time.

Oscar Rodriguez's total compensation at Extreme Networks in 2011 exceeded $1 million. This included a base salary of $473,140 and performance bonuses reaching about $454,500, highlighting a strong incentive to meet company goals. His overall package reflected the company's strategy of aligning pay with performance, designed to motivate executives to drive success. A noteworthy aspect of his compensation was the large sum allocated toward vested stock, valued at approximately $239,169, reinforcing his investment in the company's future. The compensation committee also aimed to attract high-quality leadership by implementing performance metrics tied to operating income, further intertwining his financial success with the company's performance. By transitioning to more performance-based pay in 2012, Rodriguez's compensation was structured to reward results, reflecting a commitment to accountability and transparency in executive roles.

Year

2011

Total Compensation

$1.26M

Salary

$473.14K

Board Justification

The compensation philosophy aims to provide a competitive total compensation package that attracts and retains high-quality candidates, aligning management interests with stockholder value through variable compensation linked to performance.

Bonus

$454.50K

Board Justification

The bonus is based on the achievement of company performance targets established by the Compensation Committee at the outset of the year, with a target bonus amount of 100% of base salary.

Other

$97.71K

Board Justification

Other compensation includes contributions to group term life insurance and other miscellaneous items.

Restricted Stock

$239.17K(52.77K RSU)

Board Justification

The stock that vested in 2011 includes restricted stock units (RSUs) that were granted previously and vested during the fiscal year.

Performance Metrics

The performance metrics for determining compensation include financial metrics related to operating income percentage.

Other Extreme Networks CEOs

Here are other CEOs of Extreme Networks

Gordon L. Stitt

Ex-CEO of Extreme Networks

May 2006 - May 2006

Charles W. "Chuck" Berger

Ex-CEO of Extreme Networks

April 2015 - April 2015