The estimated Net Worth of Matthew J Desch is at least $58.2 Million dollars as of 15 March 2024. Mr. Desch owns over 149,253 units of Iridium Communications Inc stock worth over $27,801,023 and over the last 15 years he sold IRDM stock worth over $26,921,937. In addition, he makes $3,512,110 as Chief Executive Officer and Director at Iridium Communications Inc.
Matthew has made over 33 trades of the Iridium Communications Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 149,253 units of IRDM stock worth $1,410,441 on 15 March 2024.
The largest trade he's ever made was exercising 400,000 units of Iridium Communications Inc stock on 19 November 2018 worth over $3,492,000. On average, Matthew trades about 22,699 units every 42 days since 2009. As of 15 March 2024 he still owns at least 1,025,868 units of Iridium Communications Inc stock.
You can see the complete history of Mr. Desch stock trades at the bottom of the page.
Matthew J. Desch serves as Chief Executive Officer, Director of the Company. Mr. Matthew has served as our Chief Executive Officer and a director of our Company since September 2009 and previously served as Chief Executive Officer of our predecessor, Iridium Holdings LLC, from August 2006 to September 2009. From 2002 to 2005, Mr. Desch served as Chief Executive Officer of Telcordia Technologies, Inc., a telecommunications software services provider. Previously, he spent 13 years at Nortel Networks Corporation, including as a President from 1996 to 2000. He also serves on the President’s National Security Telecommunications Advisory Committee and has served as a director of Unisys Corporation, a publicly traded global information technology company, since January 2019 and is a member of its compensation committee. Mr. Desch received a Bachelor of Science degree in Computer Science from The Ohio State University and a Master of Business Administration degree from the University of Chicago.
As the Chief Executive Officer and Director of Iridium Communications Inc, the total compensation of Matthew Desch at Iridium Communications Inc is $3,512,110. There are no executives at Iridium Communications Inc getting paid more.
Matthew Desch is 62, he's been the Chief Executive Officer and Director of Iridium Communications Inc since 2009. There are 9 older and 9 younger executives at Iridium Communications Inc. The oldest executive at Iridium Communications Inc is Alvin Krongard, 83, who is the Independent Director.
Matthew's mailing address filed with the SEC is C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN, VA, 22102.
Over the last 15 years, insiders at Iridium Communications Inc have traded over $161,136,522 worth of Iridium Communications Inc stock and bought 1,199,253 units worth $9,464,056 . The most active insiders traders include & Co Inc Greenhill, Scott L Bok, and Terry L Jones. On average, Iridium Communications Inc executives and independent directors trade stock every 9 days with the average trade being worth of $916,820. The most recent stock trade was executed by Matthew J Desch on 15 March 2024, trading 149,253 units of IRDM stock currently worth $1,410,441.
iridium communications inc. is the only mobile satellite service (mss) company offering pole-to-pole coverage over the entire globe. the iridium constellation of low-earth orbiting (leo), cross-linked satellites provides critical voice and data services for areas not served by terrestrial communication networks. iridium's subscriber growth has been driven by increasing demand for reliable, secure, global communications. iridium serves commercial markets through a worldwide network of hundreds of distributors, and provides services to the u.s. department of defense, and other u.s. and international government agencies. the company's worldwide customer base represent a broad spectrum of industry, including maritime, aeronautical, government/defense, public safety, utilities, oil/gas, mining, forestry, heavy equipment and transportation. iridium is in the planning and development phase for its next-generation satellite constellation, iridium next, which will begin launching and 2015 and r
Iridium Communications Inc executives and other stock owners filed with the SEC include: