Last updated: 4 September 2024 at 5:30pm EST

Matthew Desch Net Worth




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 und Director at Iridium Communications Inc.

Mr. Desch IRDM stock SEC Form 4 insiders trading

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 Desch biography

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.

What is the salary of Matthew Desch?

As the Chief Executive Officer und 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.



How old is Matthew Desch?

Matthew Desch is 62, he's been the Chief Executive Officer und 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.

What's Matthew Desch's mailing address?

Matthew's mailing address filed with the SEC is C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN, VA, 22102.

Insiders trading at Iridium Communications Inc

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 und 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.



What does Iridium Communications Inc do?

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



What does Iridium Communications Inc's logo look like?

Iridium Communications Inc logo

Complete history of Mr. Desch stock trades at Iridium Communications Inc und Unisys

Datum
#
Unternehmen
Insider
Trans.
Transaktion
Anzahl der Aktien Preis je Aktie Gesamtpreis Anzahl der Aktien nach Quelle
15 Mar 2024 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Optionausübung 149,253 $9.45 $1,410,441
15 Mar 2024
1,025,868
20 Nov 2023 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Kauf 28,000 $37.01 $1,036,280
20 Nov 2023
706,912
22 Feb 2023 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Optionausübung 193,661 $6.52 $1,262,670
22 Feb 2023
712,125
12 Jan 2023 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 30,067 $60.07 $1,806,125
12 Jan 2023
518,464
9 Jan 2023 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 46,560 $60.07 $2,796,859
9 Jan 2023
548,531
5 Jan 2023 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 31,641 $55.95 $1,770,314
5 Jan 2023
595,091
3 Jan 2023 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 31,818 $54.18 $1,723,899
3 Jan 2023
626,732
4 Nov 2022 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 12,453 $52.21 $650,171
4 Nov 2022
699,962
1 Nov 2022 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 38,628 $52.02 $2,009,429
1 Nov 2022
712,415
5 Aug 2022 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Optionausübung 178,804 $6.08 $1,087,128
5 Aug 2022
849,116
18 Feb 2021 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 62,087 $48.32 $3,000,044
18 Feb 2021
591,366
22 Dec 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 75,000 $38.11 $2,858,250
22 Dec 2020
653,453
9 Dec 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Optionausübung 65,133 $7.56 $492,405
9 Dec 2020
807,916
4 Dec 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 75,710 $34.67 $2,624,866
4 Dec 2020
742,783
1 Dec 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 46,956 $33.04 $1,551,426
1 Dec 2020
799,895
24 Nov 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 6,229 $32.91 $204,996
24 Nov 2020
851,233
20 Oct 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Optionausübung 92,069 $8.31 $765,093
20 Oct 2020
949,531
7 Aug 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Optionausübung 7,931 $8.31 $65,907
7 Aug 2020
869,777
28 Jul 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Optionausübung 200,000 $8.31 $1,662,000
28 Jul 2020
1,061,846
11 Feb 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 102,777 $30.28 $3,112,088
11 Feb 2020
795,171
5 Feb 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 79,361 $28.09 $2,229,250
5 Feb 2020
897,948
16 Jan 2020 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 20,639 $28.04 $578,718
16 Jan 2020
977,309
19 Nov 2018 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Optionausübung 400,000 $8.73 $3,492,000
19 Nov 2018
1,200,754
9 Sep 2016 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Kauf 15,000 $6.98 $104,700
9 Sep 2016
554,040
9 Sep 2016 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Kauf 15,000 $6.98 $104,700
9 Sep 2016
554,040
4 Aug 2015 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Kauf 14,000 $7.16 $100,240
4 Aug 2015
398,484
6 Aug 2013 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Kauf 15,000 $7.12 $106,800
6 Aug 2013
290,970
3 Jun 2013 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Verkauf 775 $7.10 $5,503
3 Jun 2013
275,970
11 Aug 2011 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Kauf 10,000 $7.18 $71,800
11 Aug 2011
236,493
13 May 2011 Matthew J Desch
CHIEF EXECUTIVE OFFICER
Kauf 10,000 $8.55 $85,500
13 May 2011
226,493
9 May 2023 Matthew J Desch
Direktor
Kauf 50,000 $3.87 $193,500
9 May 2023
50,000


Iridium Communications Inc executives and stock owners

Iridium Communications Inc executives and other stock owners filed with the SEC include: