Iridium Communications CEO Matthew Desch's 2018 pay rises 7% to $3.3M
Iridium Communications reports 2018 executive compensation
By ExecPay News
Published: March 27, 2019
Iridium Communications reported fiscal year 2018 executive compensation information on March 27, 2019.
In 2018, five executives at Iridium Communications received on average a compensation package of $1.7M, a 8% increase compared to previous year.
Average pay of disclosed executives at Iridium Communications
Matthew J. Desch, Chief Executive Officer, received $3.3M in total, which increased by 7% compared to 2017. 46% of Desch's compensation, or $1.5M, was in stock awards. Desch also received $908K in non-equity incentive plan, $900K in salary, as well as $16K in other compensation.
For fiscal year 2018, the median employee pay was $153,551 at Iridium Communications. Therefore, the ratio of Matthew J. Desch's pay to the median employee pay was 22 to one.
Thomas J. Fitzpatrick, Chief Financial Officer, received a compensation package of $1.6M, which increased by 8% compared to previous year. 36% of the compensation package, or $562K, was in stock awards.
S. Scott Smith, Chief Operating Officer, earned $1.4M in 2018, a 7% increase compared to previous year.
Thomas D. Hickey, Chief Legal Officer, received $1.1M in 2018, which increases by 11% compared to 2017.
Bryan J. Hartin, Executive Vice President, Sales & Marketing, earned $1.1M in 2018, a 11% increase compared to previous year.
Related executives
Matthew Desch
Iridium Communications
Chief Executive Officer
Thomas Fitzpatrick
Iridium Communications
Chief Financial Officer
S Smith
Iridium Communications
Chief Operating Officer
Thomas Hickey
Iridium Communications
Chief Legal Officer
Bryan Hartin
Iridium Communications
Executive Vice President, Sales & Marketing
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Source: SEC filing on March 27, 2019.