Thomas N. Konatich, born in 1973, holds an MBA and has specialized in finance throughout his career. He served as the CEO of SIGA Technologies from April 2006 to February 2007, leading the company during a pivotal time. Konatich's pay...

Thomas N. Konatich, born in 1973, holds an MBA and has specialized in finance throughout his career. He served as the CEO of SIGA Technologies from April 2006 to February 2007, leading the company during a pivotal time. Konatich's pay structure showcases a good mix of base salary and performance-based bonuses, emphasizing the company's focus on results. In 2007, he earned a total of $310,000, including a $250,000 salary and a $60,000 bonus, aimed at rewarding strong performance. Notably, he was granted 150,000 stock options, which tied into performance metrics, but did not exercise any in that year. Interestingly, he shifted to a position where he could influence the company’s direction, making important decisions that likely shaped its future. This blend of experience and performance focus highlights his strategic role in steering SIGA during his tenure.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other SIGA Technologies CEOs

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Thomas N. Konatich

Ex-CEO of SIGA Technologies

Education

MBA or equivalent

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Healthcare

Born

January 1, 1973 - 52 years ago

CEO of SIGA Technologies for

0 years 9 months (Apr 2006 - Feb 2007)

Previous Experience

Financial leadership roles

Rivals

Competitors/colleagues of Thomas N. Konatich

Holdings

See how much did Thomas N. Konatich make over time.

As the CEO of SIGA Technologies, Thomas N. Konatich held a notable stake in the company through stock options granted to him. In 2007, he received 150,000 stock options, which were tied to meeting specific performance metrics, showing that his...

As the CEO of SIGA Technologies, Thomas N. Konatich held a notable stake in the company through stock options granted to him. In 2007, he received 150,000 stock options, which were tied to meeting specific performance metrics, showing that his compensation was aligned directly with the company's success. However, during his tenure, the actual wealth he accumulated through these positions fluctuated based on the company's stock performance, and he did not exercise any options during 2006 or 2007. This indicates that while he had potential wealth through his options, the realized value was heavily dependent on the company’s performance at that time. Overall, his holdings remained theoretical during those two years as the options were not vested or exercised, reflecting a performance-driven approach to his potential compensation.

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Thomas N. Konatich make over time.

In 2006, Thomas N. Konatich's total compensation reached $350,833, primarily from a $233,333 salary and a large $117,500 performance bonus. This structure emphasizes his reliance on results and performance metrics set by the company. His compensation demonstrates SIGA’s philosophy of connecting pay to personal and company performance. By 2007, his total compensation dropped to $310,000 with a base salary of $250,000 and a performance-linked bonus of $60,000. The decrease might reflect the competitive dynamics of the industry or company performance itself. Despite not earning from vested stock that year, Konatich’s compensation structure illustrates an ongoing commitment to linking executive pay with business success, aiming to retain talent while keeping the company's needs in mind.

Year

2007

Total Compensation

$310.00K

Salary

$250.00K

Board Justification

The compensation philosophy aims to attract and retain executive talent, aligning compensation with performance and market benchmarks.

Bonus

$60.00K

Board Justification

Annual cash bonus based on performance, guaranteed under employment agreement.

Other

$0.00

Board Justification

No other compensation reported for 2007.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2007.

Performance Metrics

Performance metrics include individual and company performance as evaluated by the Compensation Committee.

Other SIGA Technologies CEOs

Here are other CEOs of SIGA Technologies

Dr. Eric A. Rose, M.D.

Ex-CEO of SIGA Technologies

March 2007 - December 2010