Mark Dankberg is the CEO of Viasat Inc., a company he co-founded in 1986. With a background in engineering, he earned his degree from the University of California, San Diego. Over the decades, he has played a critical role in...

Mark Dankberg is the CEO of Viasat Inc., a company he co-founded in 1986. With a background in engineering, he earned his degree from the University of California, San Diego. Over the decades, he has played a critical role in advancing satellite communications. Recently, he shifted from Executive Chairman back to CEO in July 2022. His leadership style emphasizes performance, aligning incentives with the company’s financial goals and shareholder interests. In 2023, his total compensation was nearly $8.96 million, including a salary, bonuses, and stock options. Notably, he has been involved in shaping Viasat’s strategic direction, especially in terms of new contracts and expanding service offerings. Mark’s commitment to the company is also reflected in his stock ownership, showing a significant personal investment in Viasat’s success.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Viasat CEOs

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Mark Dankberg

Founder and CEO of Viasat

Education

Bachelor's degree from the University of California, San Diego

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

February 11, 1961 - 64 years ago

CEO of Viasat for

2 years 9 months (Jul 2022 - Present)

Previous Experience

Chairman of the Board and Chief Executive Officer since inception in 1986

Rivals

Competitors/colleagues of Mark Dankberg

A

Jayshree Ullal

CEO of Arista Networks

2023 Compensation

Stock

$15.05M

Salary

$300.00K

Bonus

$200.00K

Other

$10.40K

Total Holdings

$3.15B

Holdings

See how much did Mark Dankberg make over time.

Mark Dankberg’s holdings in Viasat reflect his deep commitment to the company. As of now, he has substantial investments that illustrate his belief in Viasat's potential for growth. At one point, a significant portion of his wealth was tied up...

Mark Dankberg’s holdings in Viasat reflect his deep commitment to the company. As of now, he has substantial investments that illustrate his belief in Viasat's potential for growth. At one point, a significant portion of his wealth was tied up in Viasat shares, which highlights how closely his financial interests align with the company's success. His equity awards and stock options enable him to benefit from Viasat’s performance, emphasizing a shared fate with the company's fortunes. This structure not only motivates him but also reassures investors that their interests are aligned. In summary, Mark’s direct investments in Viasat underscore his dedication to building long-term value for both the company and its shareholders.

Mar 18, 2025

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shares

VSAT @ $9.82

Charitable Transactions

VSAT

382,188 shares

VSAT

Recent Charitable Transactions

VSAT

18,994 shares

VSAT

Nov 17, 2024

Charity

VSAT

9,717 shares

VSAT

Jul 7, 2024

Charity

VSAT

26,655 shares

VSAT

Oct 9, 2023

Charity

VSAT

12,057 shares

VSAT

Dec 17, 2022

Charity

VSAT

22,226 shares

VSAT

Nov 17, 2022

Charity

VSAT

9,494 shares

VSAT

Dec 17, 2021

Charity

Insider Trading

See recent insider trades of Mark Dankberg.

VSAT

18,994 shares

VSAT

Nov 17, 2024

Charity

VSAT

18,994 shares

VSAT

Nov 17, 2024

Charity

VSAT

9,717 shares

VSAT

Jul 7, 2024

Charity

VSAT

9,717 shares

VSAT

Jul 7, 2024

Charity

VSAT

26,655 shares

VSAT

Oct 9, 2023

Charity

VSAT

26,655 shares

VSAT

Oct 9, 2023

Charity

VSAT

12,057 shares

VSAT

Dec 17, 2022

Charity

VSAT

12,057 shares

VSAT

Dec 17, 2022

Charity

VSAT

22,226 shares

VSAT

Nov 17, 2022

Charity

VSAT

22,226 shares

VSAT

Nov 17, 2022

Charity

Compensation History

See how much did Mark Dankberg make over time.

In 2023, Mark Dankberg's total compensation as CEO of Viasat Inc. amounted to approximately $8.96 million. This package included a base salary of about $1.37 million and an annual bonus of roughly $1.76 million, which is based on company and individual performance metrics. Additionally, he received over $3.8 million in vested stock units. These stock options are performance-based, meaning they will only vest if certain financial goals are met, reinforcing the idea that he is focused on long-term company success. His compensation strategy aligns with a broader philosophy at Viasat to incentivize executives based on performance, linking their rewards to the company's financial health and growth. This compensation model not only drives performance but also helps attract and retain top executive talent in a competitive market.

Year

2023

Total Compensation

$6.96M

Salary

$1.37M

Board Justification

The compensation philosophy emphasizes performance-based pay linked to company financial objectives and individual contributions, aligning executive interests with those of stockholders.

Bonus

$1.76M

Board Justification

Annual performance cash incentive based on company and individual performance metrics for fiscal year 2024.

Other

$26.25K

Board Justification

Includes reimbursement of club dues and 401(k) matching contributions.

Restricted Stock

$3.81M(84.04K RSU)

Board Justification

Restricted stock units that vested in 2023, reflecting the grant date fair value of the awards.

Performance Metrics

Financial performance metrics include non-GAAP diluted net income, adjusted EBITDA, new contract awards, and total revenues.

Other Viasat CEOs

Here are other CEOs of Viasat

Richard Baldridge

Ex-CEO of Viasat

November 2020 - July 2022