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Richard Baldridge is the former CEO of Viasat, a company he joined back in 1999. He has had a long career in business and has held various high-ranking positions over the years, including President and Chief Operating Officer before becoming...

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Richard Baldridge

Ex-CEO of Viasat

Education

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

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

September 10, 1969 - 55 years ago

CEO of Viasat for

1 year 7 months (Nov 2020 - Jul 2022)

Previous Experience

President and Chief Operating Officer at Viasat

Holdings

See how much did Richard Baldridge make over time.

Richard Baldridge’s financial stakes in Viasat have been closely watched. In 2021, he held a significant number of shares, valued at over $4.6 million when they vested. His stock options were performance-based, showing a trend of aligning his wealth with...

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Total Stock Sold

$42.34M

VSAT

$42.34M

622,093 VSAT shares

What if they kept their stock?

If Richard Baldridge didn't sell their stock, today they would have:
Extra VSAT622,093 shares worth $21.84M.
This is -48.42% and $20.50M less than what they got when they sold the stock.

Charitable Transactions

VSAT

328,016 shares

VSAT

Recent Charitable Transactions

VSAT

26,818 shares

VSAT

Nov 17, 2024

Charity

VSAT

1,600 shares

VSAT

Sep 5, 2024

Charity

VSAT

9,940 shares

VSAT

Jul 7, 2024

Charity

VSAT

29,673 shares

VSAT

Nov 17, 2023

Charity

VSAT

11,552 shares

VSAT

Dec 17, 2022

Charity

VSAT

18,581 shares

VSAT

Nov 17, 2022

Charity

Insider Trading

See recent insider trades of Richard Baldridge.

VSAT

26,818 shares

VSAT

Nov 17, 2024

Charity

VSAT

26,818 shares

VSAT

Nov 17, 2024

Charity

VSAT

$818.13K

VSAT at $14.88/share

Sep 12, 2024

Purchase

VSAT

1,600 shares

VSAT

Sep 5, 2024

Charity

VSAT

1,600 shares

VSAT

Sep 5, 2024

Charity

VSAT

9,940 shares

VSAT

Jul 7, 2024

Charity

VSAT

9,940 shares

VSAT

Jul 7, 2024

Charity

DCO

2,400 shares

DCO

May 14, 2024

Received

VSAT

29,673 shares

VSAT

Nov 17, 2023

Charity

VSAT

29,673 shares

VSAT

Nov 17, 2023

Charity

Compensation History

See how much did Richard Baldridge make over time.

Richard Baldridge's compensation history at Viasat varies widely, dictated by performance and his roles. In 2022, he earned a total of $854,625, with most of it coming from bonus plans that reward company success. His salary settled around $1.36 million during that period, while his total compensation package reached a staggering $12.2 million in 2021. His bonuses were tied closely to Viasat's financial performance, showcasing a pay structure that encourages meeting critical company goals. Despite not vesting stock options that year, his strategic focus was on ensuring the company met ambitious performance targets, aligning his interests with those of shareholders. Baldridge's approach reflects a modern corporate trend emphasizing merit-based rewards in a competitive industry.

Year

2022

Total Compensation

$3.10M

Salary

$1.36M

Board Justification

The compensation philosophy is designed to attract, retain, and motivate top-level executives with competitive compensation packages that align with company performance and stockholder interests.

Bonus

$1.73M

Board Justification

The bonus is based on the company's financial performance and individual contributions, with a target bonus of 140% of base salary.

Other

$10.63K

Board Justification

Other compensation includes 401(k) matching contributions and reimbursement of club dues.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2022 as the focus was on performance-based stock options and annual bonuses.

Performance Metrics

The performance metrics include financial performance objectives and individual performance objectives, with a significant portion of compensation tied to achieving these metrics.

Other Viasat CEOs

Here are other CEOs of Viasat