Matthew J. Desch
Net Worth
Last updated:
What is Matthew J. Desch net worth?
The estimated net worth of Mr. Matthew J. Desch is at least $83,942,739 as of 15 Mar 2024. He owns shares worth $17,086,063 as insider, has earned $45,416,676 from insider trading and has received compensation worth at least $21,440,000 in Iridium Communications Inc..
What is the salary of Matthew J. Desch?
Mr. Matthew J. Desch salary is $1,340,000 per year as Chief Executive Officer & Director in Iridium Communications Inc..
How old is Matthew J. Desch?
Mr. Matthew J. Desch is 67 years old, born in 1958.
What stocks does Matthew J. Desch currently own?
As insider, Mr. Matthew J. Desch owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Iridium Communications Inc. (IRDM) | Chief Executive Officer & Director | 706,912 | $24.17 | $17,086,063 |
What does Iridium Communications Inc. do?
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.
Matthew J. Desch insider trading
Iridium Communications Inc.
Mr. Matthew J. Desch has made 32 insider trades between 2009-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 400,000 units of IRDM stock on 19 Nov 2018. As of 15 Mar 2024 he still owns at least 706,912 units of IRDM stock.
Iridium Communications key executives
Iridium Communications Inc. executives and other stock owners filed with the SEC:
- Mr. Bryan J. Hartin (61) Executive Vice President of Sales & Marketing
- Mr. Matthew J. Desch (67) Chief Executive Officer & Director
- Mr. Scott T. Scheimreif (56) Executive Vice President of Gov. Programs
- Mr. Thomas J. Fitzpatrick (67) Chief Admin. Officer, Chief Financial Officer & Director
- Ms. Suzanne E. McBride (56) Chief Operating Officer & Director