Guy Sucharczuk
About Guy Sucharczuk
Guy Sucharczuk is Senior Vice President & President, Access Network Solutions (ANS) at CommScope, a role he has held since 2022. He previously served as SVP & GM, Access Technologies (2014–2021) across predecessor entities ARRIS (2016–2021) and Pace (2014–2015), and was the founder and CEO of Aurora Networks (1999–2013) . In 2024, CommScope’s stock closed at $5.21 on December 31, up 84.8% during the year, while net sales from continuing operations were $4,205.8 million and Adjusted EBITDA including OWN and DAS was $1,095.1 million; 2023 net sales were $5,789.2 million with Adjusted EBITDA including OWN and DAS of $996.6 million . ANS segment Adjusted EBITDA was $104.5 million in 2024 versus $217.6 million in 2023, reflecting segment dynamics during his tenure .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| CommScope / ARRIS / Pace | SVP & GM, Access Technologies | 2014–2021 | Led Access Technologies across predecessor entities, supporting growth and product execution . |
| ARRIS | Executive leadership within Access Technologies | 2016–2021 | Integrated operations under CommScope’s portfolio following ARRIS acquisition . |
| Pace | Executive leadership within Access Technologies | 2014–2015 | Managed Access Tech pre-ARRIS period . |
| Aurora Networks | Founder & CEO | 1999–2013 | Built and scaled fiber access solutions; positioned business for industry leadership . |
External Roles
No external directorships or board roles are disclosed for Mr. Sucharczuk in the latest proxy .
Fixed Compensation
CommScope does not disclose individual cash compensation details for non-NEO executive officers in the proxy. Company-wide design features for 2024–2025 included:
- Base salaries reviewed annually relative to peer benchmarks; NEO increases were modest except targeted adjustments for role alignment .
- Stock ownership guidelines apply to executives (see Equity Ownership & Alignment) .
- Anti-hedging and anti-pledging policy applies to all directors and employees, including executive officers .
- Compensation Recovery (Clawback) Policy compliant with SEC/Nasdaq standards, covering incentive compensation over the prior three completed fiscal years in the event of a restatement .
Performance Compensation
Company programs and outcomes that likely informed senior-executive incentives (specific awards for Mr. Sucharczuk were not disclosed):
Annual Incentive Plan (AIP) – 2024 Company Design and Outcome
| Metric | Weighting | Threshold | Target | Maximum | Actual | Payout vs Target |
|---|---|---|---|---|---|---|
| Adjusted EBITDA (incl. OWN & DAS) ($M) | 90% | 882.9 | 981.0 | 1,177.2 | $1,095.1 | 164.0% |
| Strategic Objectives | 10% | Partially Meets | Meets | Exceeds | Meets | 100.0% |
| Total | 100% | — | — | — | — | 157.6% (company AIP outcome for applicable NEOs) |
Notes:
- 2024 AIP emphasized profitability: 90% Adjusted EBITDA including OWN and DAS; 10% strategic objectives tied to CommScope NEXT .
- NEO payouts for corporate AIP metrics were 157.6% of target; segment leaders (CCS/OWN) achieved 199.0% on their segment AIPs (not applicable to ANS), indicating strong segment variance .
Long-Term Incentives – 2024 Design
- RSUs vest in three equal annual installments; 2024 grants for NEOs used a $2.50 share price conversion for share count with grant-date fair values determined at FMV (e.g., $1.135 and $1.44 for March/June grants), managing equity burn .
- Cash LTIP (one-year performance period) replaced performance-based equity in 2024 to align with divestiture/capital structure priorities; payouts were approved in February 2025 and scheduled in three equal installments (March 2025, September 2025, March 2026), subject to continued service (accelerated on death or termination without cause post-performance year) .
- Performance PSUs from prior years remained outstanding: 2022 Core Adjusted EBITDA PSUs paid at 69.7% after target modifications reflecting business changes; 2022 TSR PSUs forfeited (below threshold) .
- 2025 LTIs returned to equity performance awards (RSUs plus multi-year Adjusted EBITDA PSUs for 2025–2027, up to 200% of target), reflecting improved positioning after strategic actions in 2024 .
Historical/Segment Context (ANS)
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| ANS Adjusted EBITDA ($M) | 217.6 | 104.5 |
Program Features affecting incentive quality
- Clawback covering incentive compensation for restatements .
- Anti-hedging and anti-pledging prohibitions for executives .
- No option/SAR repricing without shareholder approval; minimum vesting standards in equity plan .
Equity Ownership & Alignment
| Policy/Guideline | Requirement |
|---|---|
| Stock ownership guidelines (executives) | CEO: 5x salary or 1,000,000 shares; Chairman/CFO: 3x salary or 250,000 shares; Designated Officers: 2x salary or 125,000 shares; Other Designated Officers: 1x salary or 100,000 shares. Measurement uses 30-day average price at year-end . |
| Anti-hedging and anti-pledging | Directors and employees, including executive officers, are prohibited from hedging or pledging CommScope securities; margin accounts are prohibited . |
| Clawback | Mandatory recovery of erroneously awarded incentive compensation after restatement; executive officers cannot be indemnified against recovery . |
No individual beneficial ownership line items for Mr. Sucharczuk are disclosed in the beneficial ownership tables; directors and executive officers as a group held 4,497,521 shares as of March 12, 2025 (2.1% of common) .
Employment Terms
CommScope discloses severance protection agreements for senior officers (including NEOs); while individual agreements for Mr. Sucharczuk are not itemized in the proxy, the generic terms are:
- Term auto-renews annually; cannot expire within 24 months following a change in control .
- Termination without cause or for good reason (pre-CIC): severance equal to 1x base salary plus target bonus (paid over 12 months) and up to 12 months COBRA subsidy; multiples increase if within 24 months post-CIC (e.g., 1.5x–3x for NEOs, depending on role) with lump-sum payment and extended COBRA subsidy (18–36 months by role) .
- Pro-rata bonus rules apply for death/disability and change in control .
- Equity treatment upon death/disability or CIC: RSUs vest; PSUs vest/prorate based on timing/performance; assumed awards follow double-trigger vesting .
Note: The proxy describes these provisions generically for “senior officers” and NEOs; it does not expressly list Mr. Sucharczuk’s contract.
Performance & Track Record
| Scope | Key Data |
|---|---|
| Company TSR (2024) | Stock price increased 84.8% in 2024 (from $2.82 to $5.21) . |
| Company Net Sales (continuing ops) | 2023: $5,789.2 million; 2024: $4,205.8 million . |
| Adjusted EBITDA (incl. OWN & DAS) | 2023: $996.6 million; 2024: $1,095.1 million . |
| ANS Segment Adjusted EBITDA | 2023: $217.6 million; 2024: $104.5 million . |
Program commentary:
- 2024 compensation design pivoted to Cash LTIP and heavier EBITDA focus, reflecting balance-sheet deleveraging, divestitures (OWN/DAS sale), and equity pool constraints; performance PSUs from 2022 were modified for target levels (69.7% earned) and TSR PSUs forfeited, indicating outcome discipline amid macro volatility .
Compensation Structure Analysis
- Shift from performance PSUs to Cash LTIP in 2024 lowered reliance on equity and managed burn rate; RSUs used a conversion price above market to protect share reserve—reduces upside for executives versus pure equity PSUs but tightens cash-to-outcome alignment in a deleveraging year .
- Multi-year PSUs reinstated for 2025 (EBITDA-based), signaling renewed confidence in long-horizon targets post-divestitures .
- Strong policy framework (clawback; anti-pledging; no repricing) suggests reduced governance risk around incentive instruments .
Related Party Transactions / Risk Indicators
- Anti-hedging/pledging policy mitigates alignment risks; no pledging permitted .
- No repricing of underwater options/SARs without shareholder approval .
- Compensation Committee modified prior-year performance awards due to significant business changes; disclosed incremental fair values and rationales, maintaining transparency .
- Senior officer severance arrangements include double-trigger CIC protections (market standard), with defined multiples; clawback policy in place .
- No legal proceedings or SEC investigations related to Mr. Sucharczuk are disclosed in the proxy .
Equity Ownership & Segment Metrics (Tables)
Company performance (continuing ops; and EBITDA including OWN/DAS):
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| Net Sales ($M) | 5,789.2 | 4,205.8 |
| Adj. EBITDA incl. OWN & DAS ($M) | 996.6 | 1,095.1 |
| Year-end Stock Price ($) | 2.82 | 5.21 |
ANS Segment:
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| ANS Adjusted EBITDA ($M) | 217.6 | 104.5 |
Investment Implications
- Alignment: Strong governance (clawback; anti-pledging; vesting discipline) supports pay-for-performance integrity, reducing misalignment risks in executive incentives .
- Retention risk: 2024 equity dilution constraints and TSR PSU forfeitures could depress realized equity value for non-NEO executives; the 2024 Cash LTIP and 2025 reinstated performance PSUs likely stabilize retention incentives .
- Execution risk: ANS segment EBITDA decline in 2024 (vs 2023) highlights operational headwinds within Mr. Sucharczuk’s scope; watch for ANS margin recovery amid CommScope NEXT and data-center demand tailwinds .
- Trading signals: Company AIP outperformance (164% on EBITDA component; total 157.6%) and 2024 EBITDA improvement may indicate near-term operating leverage; however, stock outcomes tied to multi-year PSUs underscore need for sustained EBITDA execution through 2027 .