Peter J. McDonald was the President and CEO of Dex Media, Inc., known for his extensive experience in the directory advertising industry. Born in 1952, he led the company through a challenging transition after it merged with SuperMedia. Under his...

Peter J. McDonald was the President and CEO of Dex Media, Inc., known for his extensive experience in the directory advertising industry. Born in 1952, he led the company through a challenging transition after it merged with SuperMedia. Under his leadership, he focused on adopting new digital strategies to integrate old media with modern advertising methods. McDonald retired on October 14, 2014, but his influence continued as he entered a consulting role to help ensure a smooth transition. In 2014, he received a total compensation of approximately $10 million, which included a base salary of $873,539 and significant severance benefits. At his retirement, McDonald also saw a stock award vesting that reflected his long tenure with the company. His background spans over 35 years in various executive roles connecting advertising and technology, making him a well-respected figure in the media and advertising space. He played a crucial part in modernizing the way traditional advertising companies approach digital challenges, ensuring they stay relevant in a fast-changing world.

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2. Holdings

3. Insider Trading

4. Compensation History

5. Other Thryv Holdings, Inc. CEOs

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Peter J. McDonald

Ex-CEO of Thryv Holdings, Inc.

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Communication Services

Born

January 1, 1952 - 73 years ago

CEO of Thryv Holdings, Inc. for

0 years 0 months (Oct 2014 - Oct 2014)

Previous Experience

President and Chief Executive Officer of SuperMedia; various positions at R.H. Donnelley Corporation including President and Chief Operating Officer

Rivals

Competitors/colleagues of Peter J. McDonald

Holdings

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During his time at Dex Media, Peter J. McDonald held significant stock awards tied to the company’s performance. At the peak, his holdings were valued at roughly $1 million, directly related to his role and strategy at the company. Before...

During his time at Dex Media, Peter J. McDonald held significant stock awards tied to the company’s performance. At the peak, his holdings were valued at roughly $1 million, directly related to his role and strategy at the company. Before his retirement on October 14, 2014, he had 50,000 shares of restricted stock that vested, representing a key part of his compensation package and aligning his interests with that of the shareholders. These shares were worth about $377,000 at the time they vested, indicating a successful tenure that focused on the company's financial health and future direction. Though he left the official role in 2014, his influence and holdings reflected a deep commitment to Dex Media's growth during a transformative era.

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Peter J. McDonald make over time.

In 2014, Peter J. McDonald's total compensation reached approximately $10 million. This included a base salary of $873,539, which was complemented by over $7 million in severance and retirement payments. Notably, there were no bonuses awarded that year. His severance was structured to support his transition after retiring as CEO, reflecting the company's compensation philosophy of aligning executive pay with performance. The bulk of his compensation was tied to the stock and retirement benefits that highlighted his long-term tenure at the company. McDonald's exit package also included a final distribution from his pension that contributed to the overall value of his severance. His pay package illustrated both the challenges and rewards faced by executives in a shifting media landscape.

Year

2014

Total Compensation

$8.74M

Salary

$873.54K

Board Justification

The compensation philosophy aims to attract, motivate, and retain talented executives, aligning their compensation with the company's performance and strategic goals.

Bonus

$0.00

Board Justification

No bonus was awarded in 2014.

Other

$7.49M

Board Justification

Other compensation includes severance payments and a final distribution of his pension account balance under the Dex One Retirement Account.

Restricted Stock

$377.00K(50K Restricted Stock)

Board Justification

50,000 shares of restricted stock vested in 2014, granted on September 5, 2013, in connection with Mr. McDonald's separation from the Company.

Performance Metrics

The performance metrics for determining compensation included EBITDA, Free Cash Flow, Print Ad Sales, and Digital Ad Sales.

Other Thryv Holdings, Inc. CEOs

Here are other CEOs of Thryv Holdings, Inc.

Grant Freeman

CEO of Thryv Holdings, Inc.

September 2023 - Present