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...
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 the company's success, which can fluctuate greatly based on market conditions. However, by 2022, his direct stock holdings seemed less prominent as the focus shifted to cash bonuses and salary. Baldridge had a point in time where most of his net worth was tied to Viasat, but as of his retirement in 2023, those interests shifted to more diversified management positions. The company’s performance during his tenure led to significant increases in executive compensation and investor interest.