Juergen Stark served as CEO of Turtle Beach Corporation until June 30, 2023. He holds an M.B.A. from Harvard Business School and has a strong background in engineering. During his tenure, Stark made significant moves, including hefty insider trading, demonstrating...
Juergen Stark served as CEO of Turtle Beach Corporation until June 30, 2023. He holds an M.B.A. from Harvard Business School and has a strong background in engineering. During his tenure, Stark made significant moves, including hefty insider trading, demonstrating confidence in the company’s future. His trading activities peaked between late 2019 and mid-2020, with values often exceeding $5 million. His compensation structure was sharply linked to company performance, including bonuses based on net revenue and adjusted EBITDA. Interestingly, Stark's total compensation varied widely, from approximately $820,196 in 2014 to a high of $2,588,756 in 2020, illustrating a direct correlation to the company’s success during that period. In the wake of his departure, Stark secured a consulting agreement that allows him to provide guidance to the company while maintaining post-employment benefits. The restructuring of his stock awards and bonuses reflects a focus on aligning executive incentives with long-term company goals.