Robert J. Currey has been a key figure in the telecommunications industry since he became the CEO of Consolidated Communications Holdings, Inc. in 2002. He led the company through various challenges and economic changes until he stepped down in 2014....

Robert J. Currey has been a key figure in the telecommunications industry since he became the CEO of Consolidated Communications Holdings, Inc. in 2002. He led the company through various challenges and economic changes until he stepped down in 2014. After that, he served as the Executive Chairman until 2018, where he helped guide the company in their transition towards new leadership. Currey had a background that includes roles at RCN Corporation and 21st Century Telecom Group, which added to his experience in managing complex communications strategies. Even though his formal education isn’t specified, his decades in the industry speak volumes about his knowledge. During his time as CEO, his compensation varied significantly, reflecting the company's performance goals, with amounts exceeding $2.3 million at his peak. Interestingly, he holds a small stake in the company, showing that he has invested in the long-term success of Consolidated Communications. This blend of experience and a personal stake makes him a significant player in shaping the future strategies of the company.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Consolidated Communications Holdings CEOs

C

Robert J. Currey

Ex-CEO of Consolidated Communications Holdings

Education

Not specified

Field of Expertise

Technology & Engineering - Telecommunications

Sector of Economy

Communication Services

Born

January 1, 1949 - 76 years ago

CEO of Consolidated Communications Holdings for

12 years 11 months (Jan 2002 - Dec 2014)

Previous Experience

Vice Chairman of RCN Corporation, President and CEO of 21st Century Telecom Group

Rivals

Competitors/colleagues of Robert J. Currey

Holdings

See how much did Robert J. Currey make over time.

As of his transition to non-executive Chairman in 2018, Robert J. Currey owned approximately 150,486 shares of Consolidated Communications. His wealth has fluctuated over the years, especially highlighted in 2013 when his total compensation peaked at about $2.3 million, which...

As of his transition to non-executive Chairman in 2018, Robert J. Currey owned approximately 150,486 shares of Consolidated Communications. His wealth has fluctuated over the years, especially highlighted in 2013 when his total compensation peaked at about $2.3 million, which included a significant cash bonus driven by performance metrics. Currey's peak ownership shows that at the height of his tenure, most of his wealth was tied up in the company, reflecting his belief in its future. Despite stepping back from executive duties, he maintains a personal stake, indicating his ongoing commitment to the company’s direction. This mix of dedication and financial investment underscores a long-term vision for both himself and the company he has helped to shape.

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Insider Trading

See recent insider trades of Robert J. Currey.

No insider trades found for this CEO.

Compensation History

See how much did Robert J. Currey make over time.

Throughout his tenure as CEO from 2002 to 2014, Robert J. Currey's compensation varied greatly, starting at around $420,000 in 2005 and peaking at over $2.3 million in 2013. His pay included a base salary, performance-based bonuses, and stock options. The bonuses he received were linked directly to achieving specific performance targets, such as broadband subscriber growth and EBITDA targets. In recent years, as he moved into the role of Executive Chairman, his compensation structure shifted, balancing between cash and stock-based components but always emphasizing the achievement of set goals. This design in his compensation aimed to keep the interests of the executives aligned with those of the shareholders.

Year

2014

Total Compensation

$881.32K

Salary

$425.00K

Board Justification

The compensation committee aims to provide competitive compensation to attract and retain talented executives, with a focus on performance-based incentives that align with shareholder interests.

Bonus

$369.00K

Board Justification

The bonus was based on the achievement of performance goals set by the compensation committee for 2014, with a target payout of 116% of salary, resulting in a payout of 87% of target due to performance levels achieved.

Other

$87.32K

Board Justification

Includes matching contributions to the 401(k) plan, personal use of a company automobile, and tax reimbursements related to personal use of the automobile.

Restricted Stock

$0.00(0 common stock)

Board Justification

No stock grants were made in 2014; all stock awards were previously granted and vested in prior years.

Performance Metrics

Performance metrics included adjusted EBITDA, dividend payout ratio, and broadband subscriber net additions.

Other Consolidated Communications Holdings CEOs

Here are other CEOs of Consolidated Communications Holdings

C. Robert Udell, Jr.

CEO of Consolidated Communications Holdings

January 2015 - Present