People: Cogent Communications Group Inc (CCOI.O)
CCOI.O on Nasdaq
28.97USD
21 May 2013
28.97USD
21 May 2013
Price Change (% chg)
$0.11 (+0.38%)
$0.11 (+0.38%)
Prev Close
$29.05
$29.05
Open
$28.95
$28.95
Day's High
$29.17
$29.17
Day's Low
$28.77
$28.77
Volume
150,400
150,400
Avg. Vol
287,303
287,303
52-wk High
$29.78
$29.78
52-wk Low
$16.67
$16.67
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
David Schaeffer |
56 | 2010 | Chairman of the Board, President, Chief Executive Officer |
Thaddeus Weed |
51 | 2004 | Chief Financial Officer, Treasurer |
R. Brad Kummer |
64 | 2000 | Vice President - Optical Transport Engineering, Chief Technology Officer |
Robert Beury |
59 | 2000 | Chief Legal Officer, Vice President, General Counsel, Assistant Secretary |
Bryant Banks |
48 | 2000 | Vice President - Real Estate |
Timothy O'Neill |
57 | 2001 | Vice President - Field Engineering, Construction and Network Operations |
D. Blake Bath |
50 | 2006 | Independent Director |
Steven Brooks |
61 | 2003 | Independent Director |
Richard Liebhaber |
77 | 2006 | Independent Director |
Erel Margalit |
52 | 2000 | Independent Director |
Marc Montagner |
51 | 2010 | Independent Director |
Timothy Weingarten |
37 | 2003 | Independent Director |
Biographies
| Name | Description |
|---|---|
David Schaeffer |
Mr. David Schaeffer is Chairman of the Board, President, Chief Executive Officer of Cogent Communications Group Inc. He founded the Company in August 1999 and is the company Chairman of the Board of Directors, Chief Executive Officer and President. Prior to founding the Company, Mr. Schaeffer was the founder of Pathnet, Inc., a broadband telecommunications provider, where he served as Chief Executive Officer from 1995 until 1997 and as Chairman from 1997 until 1999. Mr. Schaeffer has been a director since 1999. Mr. Schaeffer serves as both Chairman and CEO because he is the founder of the Company and has led the Company and the board since the Company was founded. For this reason he has been nominated to continue serving on the Board. |
Thaddeus Weed |
Mr. Thaddeus G. Weed is Chief Financial Officer, Treasurer of Cogent Communications Group Inc. He joined the company in February 2000 and served as Vice President and Controller until May 2004 when he became Chief Financial Officer and Treasurer. From 1997 to 1999, Mr. Weed served as Senior Vice President of Finance and Treasurer at Transaction Network Services, Inc. where Mr. Weed undertook a broad range of financial management responsibilities. From 1987 to 1997, Mr. Weed was employed at Arthur Andersen LLP where he served as Senior Audit Manager. |
R. Brad Kummer |
Mr. R. Brad Kummer is Vice President - Optical Transport Engineering, Chief Technology Officer of Cogent Communications Group Inc. Mr. Kummer spent the 25 years prior to joining the company at Lucent Technologies (formerly Bell Laboratories), where he served in a variety of research and development and business development roles relating to optical fibers and systems. In his most recent work at Lucent, he was responsible for optical fiber systems engineering for long haul and metropolitan dense wavelength division multiplexing systems. |
Robert Beury |
Mr. Robert N. Beury, Jr., is Chief Legal Officer, Vice President, General Counsel, Assistant Secretary of Cogent Communications Group Inc. Prior to joining the company, Mr. Beury served as Deputy General Counsel of Iridium LLC, a mobile satellite service provider, from 1994 to 2000. From 1987 to 1994, Mr. Beury was General Counsel of Virginia's Center for Innovative Technology, a non-profit corporation set up to develop the high tech industry in Virginia. |
Bryant Banks |
Mr. Bryant Hird Banks is Vice President - Real Estate of Cogent Communications Group Inc. Prior to joining the company Mr. Banks held positions with various affiliates of Security Capital Group Incorporated, including the positions of Vice President of Land Acquisition and Vice President of Development for CWS Communities Trust. |
Timothy O'Neill |
Mr. Timothy G. O'Neill is Vice President - Field Engineering, Construction and Network Operations of Cogent Communications Group Inc. He joined company in January 2001 and serves as the Vice President of Field Engineering, Construction and Network Operations. He is responsible for network operation, construction and maintenance. From 1999 to 2001, Mr. O'Neill was employed at @Link Networks, Inc. where he served as Chief Network Officer. While at @Link Networks, Inc., Mr. O'Neill was responsible for engineering, implementing and operating a network for Internet access and layer 2 services. . |
D. Blake Bath |
Mr. D. Blake Bath is Independent Director of Cogent Communications Group Inc. He is the Chief Executive Officer of Bay Bridge Capital Management, LLC, an investment firm in Bethesda, MD. From 1996 until 2006, Mr. Bath was Managing Director at Lehman Brothers and, as a senior equity research analyst for Lehman Brothers, was Lehman's lead analyst covering wireline and wireless telecommunications services. Prior to joining Lehman Brothers he was the primary telecommunications analyst at Sanford C. Bernstein from 1992 to 1996. From 1989 to 1992 he was an analyst in the Strategic Planning and Corporate Finance organizations at MCI Communications. Mr. Bath has been nominated to continue serving on the Board because of his wide experience with the telecommunications industry which allows him to contribute a broad perspective to discussions about the Company's future activities and its place in the current competitive landscape. |
Steven Brooks |
Mr. Steven D. Brooks is Independent Director of Cogent Communications Group Inc. Mr. Brooks is a private investor. He was Managing Partner of BCP Capital Management from 1999 to 2009. From 1997 until 1999, Mr. Brooks headed the technology industry mergers and acquisition practice at Donaldson, Lufkin & Jenrette. Previously, Mr. Brooks held a variety of positions in the investment banking and private equity fields, including: Head of Global Technology Banking at Union Bank of Switzerland, Managing Partner of Corporate Finance at Robertson Stephens, founder and Managing Partner of West Coast technology investment banking at Alex Brown & Sons, and Principal at Rainwater, Inc., a private equity firm in Fort Worth, Texas. Mr. Brooks has been nominated to continue serving on the Board because of his experience with firms such as Cogent and with public market activities of such companies. Having been involved with the Company since its early days he also brings historical perspective to the Board. |
Richard Liebhaber |
Mr. Richard T. Liebhaber is Independent Director of Cogent Communications Group Inc. Mr. Liebhaber was with IBM from 1954 to 1985, where he held a variety of positions. Subsequently, he served as executive vice president and member of the management committee at MCI Communications, and served on the board of directors of MCI from 1992 to 1995. From 1995 to 2001, Mr. Liebhaber served as managing director at Veronis, Suhler & Associates, a New York media merchant banking firm. Mr. Liebhaber has been nominated to continue serving on the Board because of his operational experience with telecommunications companies. |
Erel Margalit |
Mr. Erel N. Margalit is Independent Director of Cogent Communications Group Inc. Mr. Margalit founded Jerusalem Venture Partners in 1998 and serves as Chairman. He was a general partner of Jerusalem Pacific Ventures from December 1993 to August 1997. From 1990 to 1993, Mr. Margalit was Director of Business Development of the City of Jerusalem. Mr. Margalit serves on the board of directors (which also serves as the compensation committee in each case) of Sepaton, Inc., Animation Lab Ltd., Cyber-Ark Software, Ltd., Magink Display Technologies Inc., CyOptics, Inc., JVP Media Studio, L.P., Citypulse Ltd., Anyclip Media Ltd., Siano Mobile Silicon, Inc., and Qlipso Media Networks Ltd. All of these companies are privately held. Mr. Margalit also serves on the board of directors of QLIK Technologies, Inc., which is listed on NASDAQ. A Jerusalem Venture Partners fund managed by him was a founding investor in Cogent. Mr. Margalit continues to play an active role in various technology ventures both in and outside the U.S. Mr. Margalit has been nominated to continue serving on the Board because of this knowledge of the international technology market. |
Marc Montagner |
Mr. Marc Montagner is Independent Director of Cogent Communications Group Inc. He is currently Chief Financial Officer at LightSquared. He had been Executive Vice President of Strategy, Development and Distribution at LightSquared earlier. Prior to joining LightSquared in February of 2009, Mr. Montagner was Managing Director and Co-Head of the Global Telecom, Media and Technology Merger and Acquisition Group at Banc of America Securities. Until August of 2006, he was Senior Vice President, Corporate Development and M&A with the Sprint Nextel Corporation. Prior to this, Mr. Montagner had the same responsibilities with Nextel Communications. Prior to 2002, Mr. Montagner was a Managing Director in the Media and Telecom Group at Morgan Stanley. Prior to joining Morgan Stanley, Mr. Montagner worked for France Télécom in New York where he was Head of Corporate Development for North America. Mr. Montagner has been nominated to the Board due to his experience in the telecommunications industry, specifically with respect to operational, financial and strategic matters. |
Timothy Weingarten |
Mr. Timothy Weingarten is Independent Director of Cogent Communications Group Inc. Mr. Weingarten is currently the co-founder and CEO of ShopTAP Inc. Prior to founding ShopTAP, he was the Chairman and CEO of Visage Mobile. He is also a consultant to and former General Partner of Worldview Technology Partners—an early stage VC fund with over $1B under management. From 1996 to 2000, Mr. Weingarten was a member of the telecom equipment research group at Robertson Stephens and Company. Mr. Weingarten is also a member of the board of directors of, Zoove, Inc., and Ooma, Inc. He serves on the compensation committee of each of those companies. Mr. Weingarten has been nominated to continue serving on the Board because of his knowledge of the U.S. venture capital backed companies making use of the Internet. The Board values this insight since Cogent's future growth depends to a great extent on the uses made of the Internet. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
David Schaeffer |
8,752,140 |
Thaddeus Weed |
1,597,590 |
R. Brad Kummer |
190,000 |
Robert Beury |
1,137,670 |
Bryant Banks |
-- |
Timothy O'Neill |
1,132,620 |
D. Blake Bath |
-- |
Steven Brooks |
-- |
Richard Liebhaber |
-- |
Erel Margalit |
-- |
Marc Montagner |
-- |
Timothy Weingarten |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
David Schaeffer |
1,418,740 | 7,647,110 |
Thaddeus Weed |
3,125 | 32,156 |
R. Brad Kummer |
13,462 | 145,920 |
Robert Beury |
33,091 | 131,617 |
Bryant Banks |
0 | 0 |
Timothy O'Neill |
3,500 | 52,360 |
D. Blake Bath |
0 | 0 |
Steven Brooks |
0 | 0 |
Richard Liebhaber |
0 | 0 |
Erel Margalit |
0 | 0 |
Marc Montagner |
0 | 0 |
Timothy Weingarten |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
WEED THADDEUS GERARD |
11,250 | $28.85 |
WEINGARTEN TIMOTHY |
10,000 | $29.15 |
KARNES JEFFREY |
2,000 | $28.25 |
BEURY ROBERT N JR |
2,000 | $28.25 |
O NEILL TIMOTHY G |
2,500 | $27.83 |
KUMMER RAYMOND BRADFIELD |
1,000 | $27.86 |
KARNES JEFFREY |
1,200 | $28.30 |
BEURY ROBERT N JR |
1,000 | $28.01 |
O NEILL TIMOTHY G |
1,500 | $27.12 |
KUMMER RAYMOND BRADFIELD |
1,500 | $26.82 |
WEINGARTEN TIMOTHY |
2,500 | $0.00 |
MARGALIT EREL N |
2,500 | $0.00 |
LIEBHABER RICHARD T |
2,500 | $0.00 |
MONTAGNER MARC |
2,500 | $0.00 |
BROOKS STEVEN D |
2,500 | $0.00 |
BATH D BLAKE |
2,500 | $0.00 |
WEED THADDEUS GERARD |
5,000 | $25.71 |
KARNES JEFFREY |
9,000 | $25.61 |
KUMMER RAYMOND BRADFIELD |
3,350 | $26.09 |
KARNES JEFFREY |
10,000 | $25.50 |
KUMMER RAYMOND BRADFIELD |
3,000 | $25.30 |
MARGALIT EREL N |
5,000 | $24.98 |
KUMMER RAYMOND BRADFIELD |
1,100 | $25.20 |
MARGALIT EREL N |
15,500 | $24.96 |
WEED THADDEUS GERARD |
5,000 | $25.21 |

